Mortgage borrowing rises as approvals edge higher in February

Mortgage borrowing and approvals both increased in February, although activity remains close to recent averages as rate pressures persist. Net borrowing of mortgage debt rose to £4.8 billion in February, up from £4.2 billion in January and above the...

Latest news

Virgin Money to take mortgage application systems offline for five days

Virgin money has announced that its Virgin Money and Clydesdale online application platforms will be offline from 8pm on Thursday 2 April until 8am...

Parental support for adult children is reshaping retirement plans

Three in five parents with children aged over 18 are providing financial support, with one in seven saying it will delay retirement or leave...

LISA payouts near £140m as industry warns against disrupting first-time buyer support

The Lifetime ISA delivered almost £140m in government bonuses last year, as industry figures caution against replacing the scheme without clear improvements. More than 50,000...

Previously flooded homes face insurance premiums more than double UK average

Homeowners in properties that have previously flooded are paying 121% more for home insurance than the UK average, according to new research from Compare...

FCA and ICO tell firms GDPR is no excuse for failing vulnerable customers

A joint statement from the Financial Conduct Authority and the Information Commissioner’s Office has sought to remove any lingering doubt over whether data protection rules prevent firms from collecting, recording and sharing vulnerability data where it is needed...

Together adds nCino Banking Advisor to lending operations

Together has adopted nCino Banking Advisor as it looks to improve efficiency in processing loan applications. The specialist lender said the move builds on its adoption of the nCino Platform in 2024, which it selected to support lending operations...

e4 Strategic unveils panel management platform for conveyancers and lenders

e4 Strategic has launched a new panel management platform aimed at helping lenders oversee conveyancer panels more closely while simplifying onboarding and compliance for law firms. The platform, called VERSA Assure, is designed to support lenders with large conveyancer...

LHV Bank begins AI customer service trial with Gradient Labs

LHV Bank is testing whether agentic artificial intelligence can help its retail customer service teams handle email enquiries more efficiently, under a proof of concept with Gradient Labs. The London-based bank said the trial will examine how AI systems...

PROFILE

Profile: Andrew Lloyd, CEO of Fignum

Andrew Lloyd is the Chief Executive Officer (CEO) of Fignum. He was appointed to the role in October 2024 to lead the business, which...

INDUSTRY COMMENT

First-time, accidental or professional? How the landlord profile is shifting in 2026

One of the most common misconceptions that people have about the buy-to-let market is that landlords are a single, uniform group. The reality is...

Complexity is rising and broker enablement has never mattered more

 For many years, success in the mortgage market was built off efficiency. If a broker understood the mainstream lending landscape, packaged cases well and kept...

Industry pushes to build next generation of home valuers

According to RICS, the average qualified surveyor is in their mid-fifties. Couple this with new entrant numbers failing to keep pace with retirements, and...

Supply side continues to drive the change agenda

Regulatory change is no longer something firms respond to periodically. It is now a permanent feature of the landscape. Whether it is capital treatment...

Searching for sunny uplands

There is a growing sense, shared quietly in boardrooms and rather less quietly over kitchen tables, that the UK has lost a degree of...

How advisers can find and secure powerful introducers to grow their business – Pt2

I hope you found my earlier article useful and enlightening and if so, please read on, as in this piece I complete the steps...

Q&As

BUY-TO-LET

Clydesdale Bank raises selected residential and buy-to-let rates

Clydesdale Bank is increasing a number of residential and buy-to-let product transfer rates from...

Virgin Money raises selected mortgage rates by up to 75bps

Virgin Money is increasing selected purchase, remortgage, buy-to-let and product transfer rates from Thursday...

Rent rises hold steady as UK house price growth slows

Private rents across the UK rose at the same annual rate in February, while...

Northern England overtakes the South in buy-to-let borrowing

Buy-to-let borrowing has shifted decisively towards the Midlands and the North since the introduction...

Keystone launches two-year tracker range as brokers seek flexibility in volatile market

Keystone Property Finance has launched a new range of two-year tracker products for brokers,...

Landbay adds AVMs and small HMO products to Premier range

Landbay has expanded its Premier buy-to-let range with new small HMO and remortgage AVM...

Five things brokers across the country are telling me right now

The thing I’ve always enjoyed most about working in the specialist mortgage market is...

FCA to investigate Market Financial Solutions

The Financial Conduct Authority (FCA) has announced an investigation into Market Financial Solutions Limited...

MORTGAGE MINGLE PODCAST

NEWSLETTER SIGNUP

FIRST-TIME BUYERS

RSM UK urges action as house price growth stalls and transactions fall

RSM UK is calling for stamp duty reform and more support for first-time buyers after the latest UK House Price Index pointed to weaker house price growth and a slowing market. The professional services firm said the latest data underlined the pressure on the housing...

Solar and heat pump rules could push up mortgage prices

New rules forcing developers to install solar panels and low-carbon heating systems on most...

Student loan repayments leave aspiring FTBs £2k a year behind on deposit savings

Barclays Property Insights suggests student loan repayments are continuing to weigh on first-time buyers,...

Bristol leads LISA house purchase hotspots as activity spreads across UK

Bristol, Belfast and Sheffield were the most popular locations for Lifetime ISA-backed first-time buyer...

Stamp Duty receipts from homebuyers rise to £995m in February

Homebuyers paid £995m in Stamp Duty Land Tax in February, up from £899m in...

OPINION

What building the future means for mortgages

Earlier this month I attended the Abundance 360 summit in Los Angeles, Peter Diamandis’s annual gathering of entrepreneurs, scientists, tech CEOs and investors who are,...

The FCA has made the case for holistic mortgage advice

Last Thursday, the head of the FCA stood up at the JP Morgan Pensions...

Technology’s biggest challenge is not the one you think

There is a version of the mortgage technology story that gets told at conferences...

The untapped potential of the UK’s self- and custom-build market

Across much of the developed world, building your own home is far from unusual. In fact, self- and custom-build account for around 40% of new homes internationally, and in countries such as Austria the figure rises to well over half. In the UK, however, the...

FCA call to action: property wealth moves centre stage to fund longer retirements

Nikhil Rathi, chief executive of the FCA, recently gave a clear indication that the regulator now views equity release as a mainstream option for...

DISTRIBUTION

Brilliant Solutions moves to OMS platform in CRM partnership

One Mortgage System (OMS) has agreed a partnership with Brilliant Solutions following a review...

Afin Bank joins The Right Mortgage & Protection Network panel

The Right Mortgage & Protection Network has added specialist lender Afin Bank to its...

StreamBank joins The Right Mortgage & Protection Network panel

StreamBank has joined The Right Mortgage & Protection Network’s lender panel, giving the network's...

West Brom targets first-time buyer uncertainty with spring mortgage campaign

West Brom Building Society has launched a regional spring campaign after new research suggested...

TPFG targets buy-to-let growth a regulation looms

The Property Franchise Group says tightening regulation in the rental sector is creating new opportunities for buy-to-let advice as the firm looks to expand mortgage and protection activity across its landlord client base. In its final results for 2025, the AIM-listed group said its Financial...