Family BS reduces fixed mortgage pricing for landlords and homeowners

Family Building Society has cut rates across its two-year fixed mortgage range by up to 20 basis points (bps), with the changes taking effect from 19 October. The largest reductions apply to the lender's UK buy-to-let products, including those...

Latest news

Sprive records ninefold rise in shoppers as mortgage cashback spending reaches £185m

Mortgage cashback app Sprive has reported a sharp increase in customer activity, with shoppers spending almost £185 million through the platform in the 12...

Mortgage deals last just 15 days as volatility hits record high

Mortgage products are lasting just 15 days on average this year as lenders repeatedly reprice deals in response to volatile funding costs, Moneyfacts data...

BetterHome Group UK appoints former MAB finance director as CFO

BetterHome Group UK has appointed Martin Tullett as chief financial officer, bringing in a senior finance executive with extensive experience of the mortgage intermediary...

HSBC to hike residential and buy-to-let mortgage rates

HSBC UK is increasing selected fixed mortgage rates from Tuesday 20 October, affecting existing residential customers, buy-to-let borrowers and international mortgage products. The changes cover...

Coventry raises interest-only mortgage LTV limit to 75%

Coventry for intermediaries has widened access to interest-only mortgages by increasing its maximum loan-to-value (LTV) from 50% to 75%. The lender has also lowered the minimum equity requirement for properties outside London and the South East from £300,000 to...

Cornerstone backs Sheffield FC following expansion into city

Cornerstone Finance Group has agreed a sponsorship deal with Sheffield FC for the 2026-27 season as the financial services group strengthens its presence in the city. The agreement will see Cornerstone take pitch-side advertising at the MEPS International Home...

Landbay strengthens northern broker support with Daniel Bell appointment

Landbay has appointed Daniel Bell as business development manager for North Yorkshire, the North East and Scotland, extending its intermediary sales coverage across the regions. Bell (pictured) joins the specialist buy-to-let lender from Newsource Commercial Finance, where he spent...

Fleet Mortgages adds one-year buy-to-let fixes and cuts HMO rate by30bps

Fleet Mortgages has introduced a range of one-year fixed-rate buy-to-let mortgages for landlords seeking shorter-term payment certainty, alongside a 30 basis point reduction to its existing two-year HMO and multi-unit freehold block (MUFB) product. The new products, available to...

SPONSORED CONTENT

Why a BDM should be seen as an extension of a broker’s business

Business development managers (BDMs) have long played an important role in the relationship between lenders and brokers. Traditionally, much of that relationship has centered around...

PROFILE

Patrick Bamford: Over 44 years of consumer finance, mortgages, insurance… and knocking on doors

Patrick Bamford entered financial services when mortgages were largely unregulated, specialist lending barely had a name and getting on the housing ladder was simply...

INDUSTRY COMMENT

Growth can hide a lot – until it stops

Since getting involved with Rotherham United Women I've realised football and business have quite a lot in common. One thing in particular: growth can hide...

Nobody wants your ‘market update’

You sent the same email on Monday that everyone else sent. Moneyfacts had just put the average five-year fix at 6%, the first time in...

Q&As

BUY-TO-LET

Expat buy-to-let: a smaller world, a bigger picture

There has been no shortage of gloomy commentary about buy-to-let of late, so you...

HTB raises HMO mortgage LTV limit to 80%

Hampshire Trust Bank (HTB) has increased its maximum loan-to-value (LTV) ratio for eligible houses...

GB Bank introduces single-solicitor option for property refinancing

GB Bank has introduced dual legal representation for eligible buy-to-let and bridging refinancing applications,...

Rental market divides as London supply squeeze drives up rents

Average advertised rents outside London have exceeded £1,400 a month for the first time,...

Lenders Live: Flexible lending, fees and remortgage surge

Building societies should use technology to improve service while retaining the flexibility that helps...

Staveley brings ‘sax appeal’ to Mortgage’s Got Talent

Mortgage industry PR guru Debbie Staveley is the latest name to join the line-up...

HSBC cuts mortgage rates across residential and buy-to-let ranges

HSBC UK is reducing mortgage rates across a broad selection of its residential, buy-to-let...

FIRST-TIME BUYERS

The industry needs to support Shared Ownership

This week, I want to put the spotlight on Shared Ownership. It deserves to be treated as a genuinely viable route onto the ladder, and that requires lenders to look hard at how they support it. First and foremost, that's about the clients getting into...

Accord reduces mortgage rates on 95% LTV deals

Accord Mortgages is reducing selected residential mortgage rates by up to 0.26 percentage points...

Stamp duty exemption for downsizers could revive housing transactions

Removing stamp duty for older homeowners and people moving to smaller properties could help...

Mortgage brokers warn DIPs are giving borrowers false confidence

Mortgage brokers have warned that decisions in principle (DIPs) are giving some borrowers false...

Bellway backs Your First Home as mortgage costs hit demand

Bellway has backed the government's proposed Your First Home scheme as the housebuilder warned...

OPINION

Advisers should be brave enough to drown out the noise

If you thought the economic and mortgage market commentary had been particularly noisy recently, I suspect you haven't heard anything yet, because with the...

Taking the anxiety out of finance

It’s an anxious time for mortgage borrowers. A recent study by Handelsbanken Wealth found...

Cashback should put conveyancing into the advice conversation

One of the more interesting findings from our latest quarterly statistics was the position...

Why ownership structure matters in buy-to-let

It's a scenario brokers encounter every day. Two landlord clients approach them about the same type of buy-to-let property, with similar levels of equity and broadly comparable borrowing requirements. Yet the recommendation for each client can look very different. That's because ownership structure remains one...

You own the shares, but are you really just the custodian?

I've built three businesses and I've said the same thing most entrepreneurs have probably said to their mates and family at some point: "Give...

DISTRIBUTION

The Right Mortgage adds Gable’s 100% LTV products to lender panel

The Right Mortgage & Protection Network has added Gable Mortgages to its lender panel,...

New Leaf Network extends Twenty7tec technology agreement

New Leaf Network has agreed a further three-year partnership with Twenty7tec, retaining the technology...

AI-driven direct lending could erode mainstream mortgage advisers’ market share

Mortgage lenders could use artificial intelligence to attract more customers directly, putting pressure on...

Mortgage network growth diverges as acquisition activity reshapes sector

Stonebridge Mortgage Solutions and HL Partnership have recorded some of the largest increases in...

LSL appoints Matt Surridge to new broker propositions role

LSL Financial Services has appointed Matt Surridge as propositions director, a newly created position overseeing the development of broker services across its Primis network and TMA Club. Surridge (pictured) will work with appointed representative and directly authorised firms to identify improvements to the support and...