Mortgage arrears and possessions fall in second quarter

The number of UK mortgages in arrears declined in the second quarter of 2026, while possessions fell both quarterly and annually, according to UK Finance. There were 77,940 homeowner mortgages in arrears of at least 2.5% of the outstanding...

Latest news

Newcastle expands broker mortgage range with higher-LTV deals

Newcastle for Intermediaries has expanded its mortgage range with the return of higher loan-to-value residential products and new options for self-employed borrowers. The lender has...

Paragon restores Track to Fix option on buy-to-let tracker mortgages

Paragon Bank has reintroduced a feature allowing existing buy-to-let customers to move from a Bank Base Rate tracker mortgage to one of its fixed-rate...

Pepper Money plans Scottish first charge mortgage launch

Pepper Money plans to launch its first charge mortgage range in Scotland in September, extending its specialist lending operation north of the border. The lender...

Molo cuts buy-to-let mortgage rates by 12 basis points

Molo has reduced rates across its standard and specialist buy-to-let mortgage ranges for UK residents by 12 basis points. The specialist lender’s two-year fixed rates...

Fintel to launch adviser succession and acquisition service

Fintel Services is to launch a programme matching potential buyers with advice firms seeking an exit, with a focus on client continuity and regulatory compliance. The Affinity Programme will be available later this year to firms using the compliance,...

Together expands Lakeside securitisation programme to £1.2bn

Together Financial Services has increased its revolving Lakeside securitisation programme from £1bn to £1.2bn. The programme, known as LABS, is backed by existing lenders BNP Paribas, Lloyds Bank and National Westminster Bank. It primarily supports Together’s regulated and unregulated bridging...

Knowledge Bank opens broker search data to lenders through KB PRO

Knowledge Bank has launched an intelligence service that allows mortgage lenders to analyse more than one million criteria searches conducted by brokers each year. Insights on KB PRO is updated every 24 hours and allows lenders to examine search...

Stamp duty receipts defy housing market slowdown

Stamp Duty Land Tax receipts remained above pre-pandemic levels during the first half of 2026, according to analysis by Yopa. The estate agency analysed monthly receipts published by HM Revenue & Customs between January 2018 and June 2026. HMRC collected...

PROFILE

Toni Smith on the human factor and the fourth emergency service

After nearly four decades in financial services, Sesame Network distribution director Toni Smith still believes technology should make advisers stronger, not replace them. When Toni...

INDUSTRY COMMENT

Advisers need an answer for evolving landlords

It’s a tough time to be a landlord. The succession of changes to tax and regulation made in recent years - with the Renters’...

AI doesn’t remove bias. It gives us the chance to manage it

One of the great promises of artificial intelligence has always been objectivity. Machines, unlike people, do not have bad days. They do not favour...

Brokers shouldn’t wait to be asked about additional borrowing

We saw some welcome news last week, with several lenders reducing their rates. That's a positive step, and one worth acknowledging after a stretch...

Q&As

BUY-TO-LET

Marsden passes £100m Guernsey lending milestone

Marsden Building Society has surpassed £100m in mortgage completions in Guernsey through its partnership...

Landbay cuts buy-to-let rates and expands specialist range

Landbay has cut rates by up to 0.35% across its Premier, Core and Specialist...

HSBC lowers residential and buy-to-let mortgage rates

HSBC UK will reduce rates across a range of residential and buy-to-let mortgages from...

Remortgage searches rise 7% in July

Residential remortgage searches increased by 7% during July as purchase and buy-to-let activity weakened,...

LEASE launches lease extension cost tool

The Leasehold Advisory Service has launched a free online tool enabling leaseholders to check...

Vida mortgage lending more than doubles to £840m

Vida Group Holdings increased gross mortgage lending to £840m during the first half of...

Affordability blocking housing recovery

Improving confidence is encouraging buyers back into the housing market but affordability remains the...

FIRST-TIME BUYERS

Mortgage rate reversal wipes out July cuts

Average mortgage rates increased during July, reversing the reductions recorded a month earlier, according to Moneyfacts. The Moneyfacts Average New Mortgage Rate rose by 0.12 percentage points from 5.47% at the beginning of July to 5.59% at the start of August. Average 2- and 5-year fixed...

House price growth slows to 0.1%: Lloyds

UK house prices remained unchanged in July as higher mortgage rates and global economic...

Is there such thing as a ‘typical borrower’ anymore?

What is a typical borrower? A few decades ago, it would have been a...

Darlington BS backs £420k mortgage using expat income

Darlington Building Society has completed a £420,000 joint borrower sole proprietor mortgage involving two...

Check.co.uk launches free dual-bureau platform for mortgage applicants

Check.co.uk has launched a free financial wellbeing platform intended to help consumers prepare for...

OPINION

Commonhold reform: Devil in the detail

The government's language on leasehold reform remains forthright. Ministers speak of, “bringing the feudal leasehold system to an end,” of returning power to homeowners...

Managing cashflow and risk in today’s turbulent market

Over the past decade buy-to-let landlords have become accustomed to operating in a market...

Private credit has reached its next stage of maturity

Every lending market experiences moments that prompt uncomfortable questions. A high profile default, allegations...

Your clients aren’t being stolen… they’re being handed over

Let's be honest about something the industry won't say out loud. Lenders going direct aren't the problem. Brokers are. Every year the same conversation happens. Lenders are cutting out the intermediary. Technology will replace the adviser. Comparison sites are coming for your clients. The trade...

AI is changing banking but trust will define who succeeds

For the past three years, the conversation around artificial intelligence in financial services has been dominated by technology. Every week seems to bring another...

DISTRIBUTION

GB Bank joins Mortgage Advice Bureau lender panel

Mortgage Advice Bureau has added GB Bank to its lender panel, giving its advisers...

TPFG financial services revenue rises to £13m

The Property Franchise Group (TPFG) increased financial services revenue by 10% to £13m during...

Stonebridge overhauls protection sourcing platform

Stonebridge has redesigned the protection sourcing journey within its Revolution adviser platform to support...

MortgageMatch launches AI-ready broker directory

MortgageMatch.org has launched a consumer-facing platform designed to make finding and comparing mortgage brokers...

TMG adds Handelsbanken to mortgage lender panel

TMG Mortgage Network has added Handelsbanken to its lender panel, giving advisers access to the bank's relationship-led mortgage proposition and UK branch network. The agreement, effective from 3 August 2026, broadens the range of options available to TMG advisers working with borrowers whose circumstances may...