TAB promotes Bonner to chief risk officer

Specialist lender TAB has appointed Jack Bonner as chief risk officer as it continues to strengthen its senior leadership team and support future growth across its commercial, buy-to-let and bridging lending divisions. Bonner takes on responsibility for the lender’s...

Latest news

Skipton BS lowers residential rates

Skipton Building Society is reducing rates across parts of its residential mortgage range from Monday 15 June. The mutual said the changes would apply from...

AMI refreshes brand to reflect advice, mortgages and insurance focus

The Association of Mortgage Intermediaries has launched a brand refresh intended to reflect its wider work across mortgage and protection advice. AMI said the updated...

IMLA guide explains why fixed mortgage rates can rise before Bank Rate moves

IMLA has published a report and five-minute guide to help advisers explain how swap rates affect fixed-rate mortgage pricing. The Intermediary Mortgage Lenders Association said...

Precise cuts residential mortgage rates by up to 35bps

Precise has reduced rates across its residential mortgage range by up to 35bps. The specialist lender, part of OSB Group, said the changes were designed...

Gatehouse Bank cuts selected HPP and buy-to-let rental rates

Gatehouse Bank has reduced rental rates on selected Home Purchase Plan and buy-to-let products for UK residents by 10 basis points (bps). The changes apply to two-year and five-year fixed-term Home Purchase Plans at 65% and 80% finance-to-value, as...

Coventry BS cuts selection of residential and buy-to-let rates

Coventry for intermediaries has reduced selected residential and buy-to-let mortgage rates for new and existing customers. The intermediary lender has cut residential rates by up to 20bps, while selected buy-to-let rates have been reduced by up to 13bps. The new...

Cost-of-living squeeze deepens income protection affordability gap

Rising household costs are making income protection more important for customers, but harder for many to afford, according to research from LSL Financial Services. A survey of brokers at the inaugural LSL Protection Forum in May found that 86%...

Cutting stamp duty will make the housing crisis worse

Every time the housing market stalls the same thing happens and people call for stimulus, this time: abolish stamp duty. The logic feels intuitive - reduce a transaction cost and you free up movement, encourage activity, help buyers onto...

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

Halfway through the year, are you getting enough from every client?

The halfway point of the year is always a useful time for advisory firms to take stock, not least because it is often far...

Mortgage advice for first-timers is a no-brainer

Considering how politically important first-time buyers have been to recent governments, and the taxpayers’ money that has been thrown at a large number of...

We’re only scratching the surface with Near Prime

The growing importance of Near Prime to brokers and their clients was evident during our recent webinar, where brokers were polled on both the...

Lenders expecting stability despite global uncertainty

Following the latest US tariff announcement, lenders are continuing to price and operate on the basis that market conditions remain relatively stable. However, the...

Smart Data can solve the UK’s homebuying bottleneck

For many of us, buying a home remains one of the most stressful and frustrating experiences we will ever undertake. Despite advances in digital banking,...

The 1.8 million problem nobody’s talking about

There's a number that should be keeping every mortgage firm owner awake right now. 1.8 million. That's how many fixed rate mortgages are expiring...

Q&As

BUY-TO-LET

HSBC UK cuts mortgage rates by up to 11bps

HSBC UK has reduced rates across its mortgage range, with cuts of up to...

Halifax retains top spot in broker satisfaction survey

Halifax has once again been named the best overall lender for broker experience in...

Hinckley & Rugby adds visa mortgage products to offering

Hinckley & Rugby for intermediaries has launched four two-year discount visa mortgage products across...

YBS Commercial Mortgages cuts five-year fixed rates

YBS Commercial Mortgages has reduced rates across its five-year fixed product range by 0.15%. The...

CHL Mortgages cuts short-term let rates by 30bps

CHL Mortgages has launched a limited-edition range and reduced rates across its short-term let...

Landlord rental incomes rise to record £89k

Average annual rental income has reached a record £89,000, according to the latest Landlord...

Aria Finance joins Mortgage Brain sourcing panel

Aria Finance has joined Mortgage Brain’s Sourcing Brain module as a packager. The move gives...

L&G Mortgage Club launches specialist lending academy

L&G’s Mortgage Club has launched a Specialist Academy to help advisers support clients with...

NEWSLETTER SIGNUP

FIRST-TIME BUYERS

MPs call for stamp duty reform to help first-time buyers

A cross-party group of MPs has called for a major review of stamp duty as part of a wider package of measures designed to improve home ownership affordability and help more first-time buyers onto the property ladder. In a new report published by the Housing,...

FCA looks to widen mortgage access with proposed lending reforms

First-time buyers, older borrowers and the self-employed could benefit from a more flexible approach...

The money sitting in your back pocket that you keep forgetting to pick up

Let me give you a number. Almost half of UK mortgage holders would struggle...

First-time buyers face rising stamp duty costs as more homes breach £300k

First-time buyers are increasingly being drawn into paying stamp duty as rising purchase prices...

Lloyds and Halifax cut mortgage rates

Lloyds and Halifax are reducing rates across homemover, first-time buyer, remortgage, product transfer and...

OPINION

Lenders urged to do more as purchase market slows

High street lenders - including TSB, Lloyds, Santander, and NatWest - have all been reducing rates and making changes to their product ranges over...

The cost of knowing less

There is a particular kind of risk in financial services that rarely announces itself...

Building societies need to start putting intelligence into motion

If you were at the Building Societies Association Annual Conference in Edinburgh last month...

Beyond the walk: Mortgage leaders talk mental health – part 21

The Mortgage Industry Mental Health Charter's (MIMHC) third annual 144-mile Walk & Talk challenge finally came to an end on Friday 15th May as leaders Jason Berry and Charlie Morley crossed the finish line at HSBC's Birmingham head office at 15:45. Some 64 participants from...

Beyond the walk: Mortgage leaders talk mental health – part 20

The Mortgage Industry Mental Health Charter's (MIMHC) third annual 144-mile Walk & Talk challenge finally came to an end on Friday 15th May as...

DISTRIBUTION

OneDome named among Europe’s fastest-growing fintech firms

OneDome has been named one of the fastest-growing fintech companies in Europe, the Middle...

The Right Mortgage sets out June roadshow programme

The Right Mortgage has announced details of a series of member roadshows taking place...

Omni Protect appoints Caspian as referral partner

Omni Protect has appointed Caspian Insurance as its endorsed protection referral partner for firms...

Shepherds Friendly inks Primis distribution deal

Shepherds Friendly has agreed a distribution partnership with Primis Mortgage Network for its income...

Equity Release Group launches adviser network

Equity Release Group has launched a specialist adviser network aimed at helping firms expand their later life lending propositions as regulatory pressures and market complexity continue to increase. TERN – The Equity Release Network – has been developed over the past three years and is...