Higher borrowing costs weighed on mortgage demand during the second quarter, although Stonebridge says the outlook for the second half of the year remains more positive if inflation pressures ease.
Mortgage applications fell during the second quarter as higher...
LSL Financial Services has appointed Piotr Nowosad as interim managing director to lead its Financial Services Division while the group searches for a permanent...
Omni Protect has become the first service provider for directly authorised firms to offer Beagle Street’s new intermediary protection proposition to advisers following a...
Dudley Building Society has completed the rollout of its new mortgage origination platform to all intermediary partners following a phased launch earlier this year.
The...
The Cumberland Building Society has pledged to maintain its branch network across the North West and South-West Scotland, saying it will continue investing in...
Together has introduced a new lower-rate lending proposition for portfolio landlords seeking more than £1 million in finance, as demand grows for structured funding solutions across larger buy-to-let portfolios.
The specialist lender said the new proposition is aimed at...
InterBay has expanded its buy-to-let offering with a new lower loan-to-value option, a dedicated pricing band for larger loans and rate reductions across its buy-to-let and product transfer ranges.
The specialist lender, part of OSB Group, said the changes...
Foundation has expanded its specialist buy-to-let range with the launch of new 80% loan-to-value products across its F1, Standard HMO and MUFB ranges, offering brokers additional pricing options with higher product fees.
The intermediary-only specialist lender has introduced a...
More than 20 financial services organisations have signed a new agreement with government aimed at tackling skills shortages, expanding talent pipelines and preparing the sector for the growing impact of artificial intelligence.
The Financial Services Skills Compact will be...
The mortgage club and compliance landscape is changing faster than at any point in recent memory. Consolidation is gathering pace, technology and artificial intelligence...
Experience has always counted in the mortgage market. Brokers who worked through the financial crisis, the Covid pandemic, the Liz Truss mini-Budget and cost-of-living...
One of the most encouraging developments over recent weeks has been the renewed focus on improving the homebuying and selling process.
The Government's plans to...
West Brom Building Society has reduced rates across its two-year fixed purchase mortgage range, with cuts of up to 0.18%.
The latest changes apply across all two-year purchase products for both first-time buyers and home movers.
At 95% LTV, the West Brom has reduced its two-year...
We are constantly told that to fix the mortgage journey, we need to rip everything out and start again.
That unless a lender replaces its entire core banking system, it will never be able to offer brokers the speed and visibility they actually want.
It is...
Nationwide has appointed Kim Dickinson as lead product manager for intermediaries.
Dickinson brings a wealth of experience in the mortgage market and working with intermediaries, having previously spent the last 10 years at Virgin Money and Clydesdale, managing relationships with hundreds of brokers.
Nationwide said she...
