Santander cuts rates across higher LTV fixed and tracker mortgages

Santander has reduced rates across a range of first-time buyer, home mover and remortgage products by up to 0.27%. The changes, which take effect from Friday 20 May, apply to selected fixed-rate and tracker products, with a focus on...

Latest news

West One raises core income multiples to 5.5 times

West One has increased loan-to-income limits across its core residential mortgage range and improved automated valuation criteria for remortgage customers. The specialist lender has raised...

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...

Gen H puts underwriters on front line of broker enquiries

Gen H has restructured its sales and underwriting teams in a move designed to speed up broker case enquiries and improve continuity through the...

UK house price growth stalls as rents continue rising

UK house price growth stalled in March as higher mortgage rates and affordability pressures continued weighing on the market, while private rents pushed higher...

Scottish house prices outperform UK market

Scottish house prices continued to outperform the wider UK market in March despite signs of cooling momentum as higher mortgage rates and economic uncertainty weighed on buyer activity. Latest data from HM Land Registry’s UK House Price Index Scotland...

Property wealth set to play bigger role as pension savings fall short

The growing reliance on defined contribution pensions is likely to increase the role of housing wealth in retirement planning, according to Key Equity Release. Key said its analysis showed that total residential property wealth held by over-60s is estimated...

LDN Finance adopts Twenty7tec tool to monitor mortgage product changes

LDN Finance has integrated Twenty7tec’s ADAPT product monitoring system into its advice process, as brokers continue to contend with frequent lender repricing and product withdrawals. The technology is designed to help advisers monitor recommended mortgage products from the point...

The Darlington cuts foreign currency mortgage rates

Darlington Building Society has reduced rates across its residential foreign currency mortgage range by up to 30bps. The changes, which take effect immediately, apply to selected two-year and five-year fixed-rate products. They follow the society’s recent decision to increase the...

PROFILE

Kevin Tunnicliffe on ending the race to the bottom

This was always going to be a tricky interview. I’ve known Kevin Tunnicliffe, chief executive officer of Sort Group, which includes Sort Refer, for...

INDUSTRY COMMENT

As leadership battle brews, could later life lending emerge as a defining policy issue?

The runners and riders are anticipating a leadership challenge to unseat Labour’s first Prime Minister in 20 years. Few could have imagined such a...

Economic abuse: The warning signs every adviser should recognise

Taking out a joint mortgage is one of the most common ways for people to get onto the property ladder. For many, combining earning...

Why partnerships are key for unlocking advice niches

What’s your USP? It’s a vital question for all businesses to consider, but particularly advice firms. So, what exactly draws a potential client to...

Is landlord liquidity at risk of becoming too overlooked?

Among the many heated debates swirling around the buy-to-let market at present - and there are many - one that gets relatively little attention...

Making children’s cover part of the mortgage conversation

Seeing a child unwell can often change how we feel, especially if you are a parent. Even when it’s a common childhood illness, such...

OMS adds Twenty7tec monitoring tool to broker platform

One Mortgage System (OMS) has integrated Twenty7tec’s ADAPT product monitoring tool into its CRM and loan origination platform. The integration is live and available to...

Q&As

BUY-TO-LET

Landlords buying from landlords as BTL purchases hit 10-year high

Landlord purchases have climbed to their highest level in a decade although the latest...

Mortgage arrears fall again as possessions edge up in Q1

Mortgage arrears declined across both residential and buy-to-let lending in the first quarter of...

OMS renews technology agreement with Complete FS

One Mortgage System has renewed its agreement with Complete FS, extending the specialist distributor’s...

Offa expands home finance team as Islamic lender builds on product growth

Offa has strengthened its home finance division with four new hires as it looks...

The Mortgage Works cuts rates and adds new buy-to-let options

The Mortgage Works has cut rates by up to 0.20 percentage points across selected...

Mansfield launches fixed rates running to September 2031

Mansfield Building Society has launched three mortgage products fixed until 30 September 2031, aimed...

Gatehouse Bank partners with Finvise to speed up valuations

Gatehouse Bank has partnered with Finvise to provide faster property valuations for UK home...

Landbay appoints buy-to-let BDM for Kent and South Coast

Landbay has appointed Richard McRoberts as business development manager for Kent and the South...

MORTGAGE MINGLE PODCAST

NEWSLETTER SIGNUP

FIRST-TIME BUYERS

East Ayrshire named most affordable area for first-time buyers

East Ayrshire has been named the most affordable location in the UK for first-time buyers, according to new research from Lloyds. The analysis, which looks at the average price paid by people buying their first home across local areas, found that average first-time buyer prices...

Affordability widens north-south mortgage divide

A growing affordability gap is fuelling an increasingly pronounced north-south divide in the housing...

West Brom BS cuts low-deposit mortgage rates

West Brom Building Society has reduced rates across its two-year core and new build...

First-time buyers overestimate deposit needed to buy

Many first-time buyers may be delaying home ownership because they misunderstand the deposit needed...

Lloyds Banking Group cuts deposit barrier with £5k first-time buyer deal

Lloyds Banking Group has launched a new mortgage allowing first-time buyers to secure a...

OPINION

Beyond the walk: Mortgage leaders talk mental health – part 15

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

Beyond the walk: Mortgage leaders talk mental health – part 13

The Mortgage Industry Mental Health Charter (MIMHC) began its third annual 144-mile Walk &...

Beyond the walk: Mortgage leaders talk mental health – part 12

The Mortgage Industry Mental Health Charter (MIMHC) began its third annual 144-mile Walk &...

Beyond the walk: Mortgage leaders talk mental health – part 11

The Mortgage Industry Mental Health Charter (MIMHC) began its third annual 144-mile Walk & Talk challenge on Sunday and will finish on Friday this week. There are some 72 participants from across the mortgage sector taking part. The six-day initiative follows the Grand Union Canal,...

A BBR decision rooted in caution, not complacency

The Bank of England MPC’s decision to hold Bank Base Rate (BBR) will come as a welcome outcome for many across the mortgage market,...

DISTRIBUTION

The Right Mortgage adds TAB to lender panel

The Right Mortgage & Protection Network has added specialist property finance lender TAB to...

Beyond the walk: Mortgage leaders talk mental health – part 14

The Mortgage Industry Mental Health Charter (MIMHC) began its third annual 144-mile Walk &...

Canal trek triumph as Berry and Morely win gold

Jason Berry and Charlie Morely finished their epic 141-mile trek up the Grand Union...

OSB Group promotes Hollands to lead intermediary sales and distribution

OSB Group has promoted Emily Hollands to group head of intermediary sales and distribution...

Paradigm adds Afin Bank to lender panel

Paradigm Mortgage Services has added Afin Bank to its lender panel, giving member firms access to the specialist lender’s residential and buy-to-let proposition. Afin Bank offers residential and buy-to-let products for borrowers including those from the diaspora, self-employed clients, foreign nationals working in the UK...