Mortgage approvals for house purchases fell to 56,200 in May, down from 66,000 in April - the lowest level since December 2023, according to figures released today by the Bank of England (BoE).
The BoE's latest Money and Credit...
One Mortgage System (OMS), the CRM and loan origination platform for intermediaries and lenders, has announced a new partnership with specialist protection broker The...
Omni Protect, Fintel’s whole of market protection club, has announced the appointment of Richard Waters to the newly created position of head of strategic...
Redwood Bank has been recognised for its continued commitment to sustainability after achieving the highest level of environmental accreditation under the Investors in the...
Vernon Building Society has reduced rates across its entire self-build mortgage range by 0.15%.
The building society said the reductions reflect its commitment to supporting customers with flexible, practical funding solutions throughout the build journey.
The Vernon’s self-build mortgage range...
LHV Bank has appointed Scottish law firm Harper Macleod as its primary Scottish legal adviser, as the bank looks to double its Scottish loan book.
The firm's role supports the bank’s continued growth in Scotland’s commercial lending market, including...
The Mortgage Works has reduced rates across selected buy-to-let and limited company buy-to-let switcher products for existing customers by up to 0.25 percentage points.
The new rates are available to existing landlord customers looking to switch to a new...
A new initiative designed to encourage Armed Forces personnel into careers across the mortgage intermediary sector has reached a significant milestone as its first service leaver prepares to begin a placement.
Launched by Working in Mortgages and The Brightstar...
Last year mortgage technology specialist Fignum appointed Steve Carruthers as growth director, signalling its intent to scale its operations and deepen its role as...
The protection market has seen a flurry of product launches in recent weeks, with Beagle Street and Guardian bringing much needed change and innovation...
For many years, major financial institutions and large retailers have understood the benefits of presenting their customers with complementary products alongside their core offering.
Banks...
The Ministry of Housing, Communities and Local Government (MHCLG) has published its highly anticipated Home Buying and Selling Reform Roadmap, representing the most aggressive...
There's a lot of excitement about artificial intelligence in the mortgage industry right now. Nearly nine in 10 mortgage brokers want technology to play...
It’s been another positive week for the mortgage market, with lenders continuing to reduce rates across the board. Encouragingly, there’s every expectation that this trend will continue, providing further confidence across the market as we head into the second half of the year.
While there’s...
As the Global ABS conference ended there was no doubt that it was a huge success, with official numbers being confirmed at 5,500 attendees, making it one of the best attended ever.
The fact that that so many people from all over the world can...
We’ve seen another week of mainstream lenders reduce their rates with more reductions predicted this coming week. This shows more comfort and confidence around...
The Financial Conduct Authority has issued a fresh warning to firms after uncovering a growing number of scams involving fake FCA emails, websites, text messages and letters designed to trick businesses into revealing sensitive information.
The regulator says fraudsters are increasingly impersonating FCA employees and...
