Mortgage industry scheme for Armed Forces leavers gains momentum

A new initiative designed to encourage Armed Forces personnel into careers across the mortgage intermediary sector has reached a significant milestone as its first service leaver prepares to begin a placement. Launched by Working in Mortgages and The Brightstar...

Latest news

LHV Bank appoints Harper Macleod as Scottish legal adviser

LHV Bank has appointed Scottish law firm Harper Macleod as its primary Scottish legal adviser, as the bank looks to double its Scottish loan...

The Mortgage Works cuts switcher rates for existing landlords

The Mortgage Works has reduced rates across selected buy-to-let and limited company buy-to-let switcher products for existing customers by up to 0.25 percentage points. The...

Hot weather prompts homeowners to rethink cooling costs and property choices

Rising temperatures are prompting more UK homeowners to invest in cooling measures, while growing numbers are weighing up home improvements or even relocating to...

The West Brom promotes Gareth Madeley to chief customer officer

West Brom Building Society has appointed Gareth Madeley as its new chief customer officer, promoting him from his previous role as head of product...

Industry leaders unite behind MIMHC Lunch

HSBC UK, Virgin Money, Nottingham Building Society, Landbay and top broker firms Mortgage Advice Bureau and L&C Mortgages are among the first organisations to commit their support to this year's Mortgage Industry Mental Health Charter (MIMHC) Lunch. The flagship...

Santander raises foreign national mortgage lending to 90% LTV

Santander UK has expanded its foreign national mortgage policy by increasing the maximum loan-to-value available to eligible applicants without permanent rights to reside in the UK from 75% to 90%. The change applies across all property types, including new-build...

Keystone passes £2bn in securitisation issuance with sixth Hops Hill deal

Keystone Property Finance has completed its sixth securitisation, taking total issuance under its Hops Hill programme beyond £2 billion. The latest transaction, Hops Hill No. 6, comprises £400 million of buy-to-let mortgages, including £320 million of completed loans and...

Fleet Mortgages expands buy-to-let range with new products and lower rates

Fleet Mortgages has introduced new buy-to-let products, reduced rates across its Standard, Limited Company and HMO/MUFB ranges, and cut product fees on a number of mortgages. The lender has announced a series of changes across its product range, including...

PROFILE

Steve Caruthers on understanding how lenders operate

Last year mortgage technology specialist Fignum appointed Steve Carruthers as growth director, signalling its intent to scale its operations and deepen its role as...

INDUSTRY COMMENT

New product launches bring renewed competition to protection market

The protection market has seen a flurry of product launches in recent weeks, with Beagle Street and Guardian bringing much needed change and innovation...

Don’t rein me in

For many years, major financial institutions and large retailers have understood the benefits of presenting their customers with complementary products alongside their core offering. Banks...

More questions now surround the home moving digital journey

The Ministry of Housing, Communities and Local Government (MHCLG) has published its highly anticipated Home Buying and Selling Reform Roadmap, representing the most aggressive...

Stability has value: why the latest Bank Base Rate hold matters

The Bank of England's decision to maintain Bank Base Rate (BBR) at 3.75% may not have generated the excitement that often accompanies a rate...

If you motivate an idiot you just get stupid things done quicker

There's a lot of excitement about artificial intelligence in the mortgage industry right now. Nearly nine in 10 mortgage brokers want technology to play...

AI for brokers: the three lines you should never cross

Most AI advice aimed at advisers is either breathless hype or vague caution. Here is something you can actually act on: a practical way...

Q&As

BUY-TO-LET

Molo strengthens broker support with new BDM appointment and internal promotion

Molo has expanded its distribution team with the appointment of Ben Saffery as business...

Barclays cuts mortgage rates across residential and buy-to-let ranges

Barclays is reducing rates across a broad range of residential and buy-to-let mortgage products...

ModaMortgages removes fees on limited-edition buy-to-let products

ModaMortgages has removed application fees from its limited-edition buy-to-let mortgage products, weeks after reducing...

Paragon adds tracker switch and further advance options for landlords

Paragon Bank has expanded its Bank Base Rate tracker buy-to-let mortgage range by introducing...

Market Harborough cuts fixed mortgage rates across residential and buy-to-let ranges

Market Harborough Building Society has reduced fixed mortgage rates by up to 0.23% across...

Mortgage Brain opens registration for Mortgage Vision 2026 roadshow

Mortgage Brain has opened registration for its Mortgage Vision 2026 roadshow, which will visit...

Foundation broadens expat buy-to-let offering and cuts rates across landlord range

Foundation has expanded its specialist buy-to-let proposition with the launch of new expat products...

Landlords seek lender support as EPC upgrade costs approach £12,000 per property

Landlords are increasingly looking to lenders for support as they prepare for the cost...

NEWSLETTER SIGNUP

FIRST-TIME BUYERS

Political clarity should benefit homebuyers

It’s been another positive week for the mortgage market, with lenders continuing to reduce rates across the board. Encouragingly, there’s every expectation that this trend will continue, providing further confidence across the market as we head into the second half of the year. While there’s...

Renters face decades-long wait to save a first-time buyer deposit

A third of aspiring homeowners are saving £100 a month or less, leaving many...

New first-time buyer ISA proposed as replacement for Lifetime ISA

The government has launched a consultation on a new First Time Buyer ISA, which...

Hidden costs top Gen Z homebuying fears as millennials focus on repair bills

First-time buyers’ concerns are shifting significantly by age, with younger buyers focused on upfront...

Young buyers look further afield as affordability pressures persist

A growing number of younger buyers are willing to compromise on location in order...

OPINION

Hobson’s Choice: Which root canal treatment would you prefer, Sir?

Now that Andy Pandy from ‘oop norf’ is de facto the Prime Minister elect and will shortly be choosing the colour scheme of No...

Buy-to-let: reality versus a much-peddled narrative

Every few months, it seems, another report emerges suggesting buy-to-let no longer stacks up...

A week of progress and reassurance

The past week has brought further reassurance for borrowers. With the Bank of England...

ABS 2026 review: Economic factors stemming growth

As the Global ABS conference ended there was no doubt that it was a huge success, with official numbers being confirmed at 5,500 attendees, making it one of the best attended ever. The fact that that so many people from all over the world can...

Government support is fundamental to market growth

We’ve seen another week of mainstream lenders reduce their rates with more reductions predicted this coming week. This shows more comfort and confidence around...

DISTRIBUTION

Fintel chair and TMG chief rescue Rotherham United Women

Rotherham United Women Football Club has been rescued from the brink of extinction after...

Nomo joins Paradigm panel to expand access to GCC property investors

Shariah-compliant property finance provider Nomo has joined the lender panel of Paradigm Mortgage Services,...

AR market consolidates as revenues rise despite fewer principal firms

The UK's appointed representative market is becoming more concentrated, with fewer principal firms overseeing...

L&G Mortgage Club appoints key relationship manager

L&G Mortgage Club has appointed Gurpreet Chahal as key relationship manager to support broker...

FCA warns firms as fake communications continue to rise

The Financial Conduct Authority has issued a fresh warning to firms after uncovering a growing number of scams involving fake FCA emails, websites, text messages and letters designed to trick businesses into revealing sensitive information. The regulator says fraudsters are increasingly impersonating FCA employees and...