Manchester has become Britain’s most first-time buyer-heavy mortgage market outside London with seven in 10 mortgaged purchases now going to borrowers stepping onto the property ladder.
Latest analysis from Lloyds shows first-time buyers (FTBs) accounted for 70.2% of all...
NatWest Group has pledged £8m in additional funding to consumer debt advice organisations StepChange Debt Charity and PayPlan, extending a partnership that has spanned...
The Financial Conduct Authority has launched a consultation on proposals that would compel lenders to share credit information more consistently across the market’s main credit reference agencies.
Under the plans, the regulator would designate certain credit reference agencies. Where...
A judge at the Chief Insolvency and Companies Court has approved the administration of UK bridging lender Market Financial Solutions (MFS), following fraud allegations against its chief executive.
According to 9fin, Judge Briggs granted an application earlier today to...
Adviser confidence in demand for protection products has improved heading into 2026 although rising business costs are emerging as a growing concern, according to new research from The Exeter.
The UK health and life insurer found that 37% of...
Allica Bank has raised $155m in a Series D funding round to accelerate lending to established SMEs, deepen its technology investment and begin international expansion.
The digital bank, which focuses on businesses with typically 5 to 250 employees, said...
Conditional selling remains one of the most persistent and contentious issues facing the UK housing and mortgage markets with brokers continuing to report pressure...
Later life lending has moved well beyond being an occasional enquiry about equity release or a maturing interest-only case.
It is now a consistent and...
The Government’s commitment to doubling the size of the mutual sector has been welcomed across financial services. Building societies continue to play a critical...
Gen H has widened its New Build Boost mortgage scheme through a new partnership with Lovell Homes, adding plots across 25 developments in England and Wales.
The move marks the first time a housebuilder has joined the scheme since its launch last year, broadening the...
The latest figures from the ABI show insurers processed a record £4 billion in individual and workplace private medical insurance (PMI) claims in 2024, up 13% on the previous year.
That equates to around £11 million paid out every day. At the same time, the...
There’s a shift happening in how people work and how they buy homes - especially for the self-employed and gig economy worker.
Flexibility, autonomy and...
Molo has appointed Steven Griffiths as business development manager for south-east England.
The lender, which focuses on UK and overseas landlords, said Griffiths will support brokers across the south-east as part of its wider distribution strategy.
Griffiths (pictured) joins with more than 20 years’ experience in...
