Mortgage Lab launches AI training community for mortgage advisers

A new online community has been launched to help UK mortgage advisers use artificial intelligence in their businesses while addressing the compliance and regulatory considerations associated with the technology. Mortgage Lab, founded by industry figures Liz Syms and Paul...

Latest news

Homeowners put renovations on hold as improvement costs outstrip savings

More than two-thirds of UK homeowners have postponed home improvements because of affordability pressures, despite a majority preferring to renovate rather than move, according...

Target Group appoints former Coutts executive to product role

Target Group has appointed Fiona Peel as product manager, bringing more than 20 years of financial services experience to its product development team. Peel (pictured)...

CLC warns conveyancers over Land Registry errors and growing probate risks

The Council for Licensed Conveyancers (CLC) has warned that persistent failures in post-completion work raise questions about professional standards, while changes to inheritance tax...

Virgin Money to increase purchase and remortgage fixed rates

Virgin Money is raising selected residential new business fixed mortgage rates by up to 0.10 percentage points from Tuesday 13 October. The changes affect both...

SPF Private Clients signs AI technology agreement with LendWell

SPF Private Clients has agreed a multi-year partnership with Irish mortgage technology firm LendWell to introduce artificial intelligence across its mortgage and protection operations. The agreement represents LendWell's largest UK partnership to date, with implementation already underway and a...

Leek BS cuts 95% LTV mortgage rates by up to 0.64 percentage points

Leek Building Society is reducing rates across its 95% loan-to-value (LTV) residential mortgage range by up to 0.64 percentage points and introducing a new cashback deal from 13 October. The changes cover two-year and five-year fixed-rate products aimed at...

Why ownership structure matters in buy-to-let

It's a scenario brokers encounter every day. Two landlord clients approach them about the same type of buy-to-let property, with similar levels of equity and broadly comparable borrowing requirements. Yet the recommendation for each client can look very...

Barclays widens affordability criteria for company directors

Barclays has widened its mortgage affordability criteria for limited company directors by expanding the circumstances in which it will consider Profit After Tax. The lender has removed the property-value restriction previously attached to its PAT criteria, meaning eligible directors...

SPONSORED CONTENT

Why a BDM should be seen as an extension of a broker’s business

Business development managers (BDMs) have long played an important role in the relationship between lenders and brokers. Traditionally, much of that relationship has centered around...

PROFILE

Buy-to-let at 30: the mortgage that changed Britain’s housing market

John Heron helped create buy-to-let when landlords had almost nowhere to turn for finance. Thirty years later, he and Paragon Bank's Louisa Sedgwick reflect...

INDUSTRY COMMENT

Cashback should put conveyancing into the advice conversation

One of the more interesting findings from our latest quarterly statistics was the position of Nationwide Building Society, which accounted for 25% of all...

You own the shares, but are you really just the custodian?

I've built three businesses and I've said the same thing most entrepreneurs have probably said to their mates and family at some point: "Give...

Q&As

BUY-TO-LET

Let’s keep the focus on the buy-to-let market

Last week was a quieter week in the market, so it was a useful...

Tipton adds discounted rates for expat and limited company landlords

Tipton & Coseley Building Society has expanded its variable rate buy-to-let mortgage range with...

HTB provides £9.8m funding for North West property portfolio

Hampshire Trust Bank (HTB) has refinanced a portfolio of 40 properties in the North...

Masthaven Finance revenue rises sixfold as lender enters FT growth ranking

Masthaven Finance has been placed 48th in the Financial Times' inaugural ranking of the...

Expat mortgage applications hampered by income verification difficulties

Almost two-thirds of mortgage brokers identify proving overseas income and affordability as the biggest...

Keystone’s Phil Riches to retire after 50 years in financial services

Phil Riches is to retire as sales director of Keystone Property Finance later this...

SDKA raises title indemnity insurance limit to £250,000

SDKA has increased the maximum loan size eligible for its title indemnity insurance policy...

FIRST-TIME BUYERS

Market Harborough launches rental scheme offering deposit contributions to first-time buyers

Market Harborough Building Society is offering aspiring homeowners the chance to recover 60% of their rent payments towards a property deposit under a new initiative involving five flats in the town centre. The Rent to Own scheme will allow eligible tenants to reclaim a proportion...

Waiting for completion causes greater anxiety than saving for a deposit

Delays towards the end of the homebuying process are a greater source of anxiety...

45,000 Lifetime ISA savers hit by repeated withdrawal penalties

Around 45,000 Lifetime ISA savers incurred more than one withdrawal penalty during the 2024-25...

Badenoch pledges no IHT or stamp duty on family homes

Kemi Badenoch has pledged to remove inheritance tax from family homes and scrap stamp...

Wider mortgage options put borrower circumstances in focus on Lenders Live

Borrowers with historic credit problems and smaller deposits have more routes to explore, but...

OPINION

The FCA protection market study shouldn’t ignore redundancy

Considering a third of employers are likely to implement staff redundancies by January 2027, according to Acas, redundancy cover shouldn’t be ignored in wider...

If AI gives us more time to think, we must learn how to think well

The great promise of AI in financial services is usually expressed in terms of...

The right scrutiny is a precursor of growing lending safely

Credit markets have always had to accommodate change, but there are periods when the...

Only one in five of your clients thinks your fee was justified

You know the moment. 40 minutes in. Gone well. They like you, you like them, everyone's getting on. Then you have to say the fee. And you say it slightly too fast. Maybe you soften it a bit on the way past. They say "yeah, no...

I’m 49. My dad’s 73. Between us we’ve found the hole in later life lending

I turn 50 in December, and the marketing has already started. Funeral plans, over-50s life cover, “guaranteed acceptance” adverts wedged between the football highlights....

DISTRIBUTION

Mortgage network growth diverges as acquisition activity reshapes sector

Stonebridge Mortgage Solutions and HL Partnership have recorded some of the largest increases in...

LSL appoints Matt Surridge to new broker propositions role

LSL Financial Services has appointed Matt Surridge as propositions director, a newly created position...

New Leaf Network extends Twenty7tec technology agreement

New Leaf Network has agreed a further three-year partnership with Twenty7tec, retaining the technology...

Remortgage activity rebounds as higher rates weigh on home purchases

Remortgage applications returned to annual growth in the third quarter, helping to offset a...

Buying scale was phase one. What happens next?

Mortgage distribution is in a race for scale. Capital wants market share. Consolidators want distribution. Networks want advisers. Good businesses are commanding serious valuations. If I wanted to sell, I'd probably be delighted with the market we're in. But I don't. So I'm looking at it from...