UK house prices remained unchanged in July as higher mortgage rates and global economic uncertainty continued to constrain the market, according to the Lloyds House Price Index.
The average property price slipped by £143 to £299,253 following a 0.2%...
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...
TMG recorded its highest monthly submission volume with MetLife, exceeding its previous record by more than 40%.
MetLife confirmed that the latest monthly total was...
Leek Building Society has introduced eight lending criteria changes covering income, contractors, later-life borrowing and complex properties.
The mutual has increased the maximum age at...
Coventry for intermediaries has reduced selected residential and buy-to-let mortgage rates for new and existing borrowers.
Residential rates have been cut by up to 15...
Rely has reduced rates by up to 25 basis points across a range of buy-to-let products.
The OSB Group lender has cut selected 1-, 2- and 5-year fixed rates for small landlords, alongside 2-year fixes for medium and large...
HSBC has widened its residential lending criteria for certain applicants employed on fixed-term contracts.
Medical doctors and teachers will now be assessed under the lender's standard employment criteria.
Supply teachers and teaching assistants are excluded from the change, however.
The revised...
Nearly three in five over-65s have considered downsizing but stamp duty, family ties and a shortage of suitable homes are preventing many from moving, research from Family Building Society reveals.
Its survey of 2,591 members found that more than...
Catalyst Property Finance founder Chris Fairfax is stepping down as chief executive following the specialist lender’s integration into Foundation Group.
Fairfax, who launched Catalyst in 2017, will remain involved with the business by supporting business development initiatives and providing...
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...
Every lending market experiences moments that prompt uncomfortable questions. A high profile default, allegations of poor governance or a significant loss inevitably lead to...
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....
For the past three years, the conversation around artificial intelligence in financial services has been dominated by technology. Every week seems to bring another...
Darlington Building Society has completed a £420,000 joint borrower sole proprietor mortgage involving two students and a parent earning in US dollars overseas.
The loan was secured against a £525,000 property at 80% loan-to-value.
The case, introduced by Alison Mitchell, mortgage and protection adviser at RobMac...
Around 1.8 million fixed-rate mortgage deals are due to come to an end in 2026, adding to the 1.6 million mortgages that already matured in 2025.
For many homeowners looking to remortgage, this will mean moving onto higher mortgage repayments and taking stock of finances...
Walbrook Institute London has expanded its apprenticeship offering with a new Level 3 pathway for aspiring mortgage advisers that incorporates LIBF’s Certificate in Mortgage Advice and Practice (CeMAP).
The 15-month Mortgage Adviser apprenticeship is designed to give firms a funded and fully managed route to...
