Mortgage industry cycle challenge raises £26k for children and homelessness charities

Mortgage industry leaders have raised £26,002 for two charities after cycling 472 miles from Edinburgh to London in four days. The inaugural Mortgage 400 challenge raised money for Magic Moments, which supports children with life-limiting illnesses and their families,...

Latest news

TPFG financial services revenue rises to £13m

The Property Franchise Group (TPFG) increased financial services revenue by 10% to £13m during the first half of 2026 following its acquisition of Smart...

Finance confidence improves despite economic gloom

Confidence across the finance and leasing industry improved during the second quarter despite most firms continuing to expect weaker UK economic conditions, according to...

Market Harborough appoints deputy finance chief

Market Harborough Building Society has appointed Brad Nicholls as Deputy Chief Finance Officer as it continues to expand its specialist lending capabilities and enter...

The Melton joins Mortgage Broker Tools affordability platform

Melton Building Society has joined the Mortgage Broker Tools panel, giving advisers access to its affordability assessments through the research and sourcing platform. The integration,...

Knowledge Bank technology underpins top three broker criteria platforms

Knowledge Bank’s technology powers all three of the highest-rated criteria sourcing services in the H1 2026 Mortgage Lender Benchmark Study. Air Sourcing led the category with a Broker Experience Index score of 74.5, followed by Iress with 72.2 and...

Accord cuts 80% LTV buy-to-let rates

Accord Mortgages is reducing fixed rates across its 80% loan-to-value buy-to-let range by 0.10 percentage points. The intermediary-only lender said the changes, aimed at landlords with smaller deposits, would take effect at 8am on Thursday, August 6. Products at...

Negative equity fears persist despite confidence in property values

Nine in 10 recent homebuyers are concerned that housing market changes could reduce their equity, despite most believing their property has risen in value. Research by mortgage broker Boon Brokers found that 91% of people who bought a home...

Mastercard and PEXA test synchronised settlement for property transactions

Mastercard and PEXA are to explore whether programmable payments could provide greater certainty for UK homebuyers on completion day. The companies plan to test account-to-account payment technology designed to reserve buyers' funds securely and release them automatically when agreed...

PROFILE

Toni Smith on the human factor and the fourth emergency service

After nearly four decades in financial services, Sesame Network distribution director Toni Smith still believes technology should make advisers stronger, not replace them. When Toni...

INDUSTRY COMMENT

Private credit has reached its next stage of maturity

Every lending market experiences moments that prompt uncomfortable questions. A high profile default, allegations of poor governance or a significant loss inevitably lead to...

AI is changing banking but trust will define who succeeds

For the past three years, the conversation around artificial intelligence in financial services has been dominated by technology. Every week seems to bring another...

No benefit to be had from ‘wait and see’

It seems to be a recurring theme as of late, but it’s been yet another week of volatile rates. Swap rates continue to move,...

What financial services can learn from the World Cup

Look, bear with us here. What does the World Cup have to do with financial services reviews? Well, more than you think actually! This summer,...

Buyers are already reacting to a Budget nobody has written

Andy Burnham ruled out changes to stamp duty on 27 July, a week into the job and days after reports that the government was...

The tech question is how, not if, we can use it

Recent adviser research from Nottingham Building Society underlines the appetite for greater use of technology across the mortgage process. The vast majority (89%) of...

Q&As

BUY-TO-LET

LendInvest appoints Darrell Walker to lead mortgage division

LendInvest has appointed Darrell Walker as managing director of mortgages as the specialist lender...

October Budget puts mortgage market on alert

Chancellor John Healey will deliver the first Budget of Andy Burnham’s premiership on Wednesday...

Foundation revives buy-to-let products and cuts holiday let rates

Foundation Home Loans has refreshed its buy-to-let mortgage range, bringing back several products, adding...

Mortgage lending rebounds but book growth lags

UK mortgage gross lending increased by more than a fifth during 2025, although substantially...

Foundation backs complex Oxfordshire holiday-let purchase

Foundation has provided a £153,700 mortgage for an experienced landlord buying a newly developed...

Openwork adds Perenna and West One to mortgage panel

The Openwork Partnership has added Perenna and West One to its mortgage lending panel,...

StrideUp raises property finance limit and expands HMO criteria

StrideUp has increased the maximum financing available through its buy-to-let purchase plan to £2.5...

Knowledge Bank adds six HMO criteria questions after broker clinic

Knowledge Bank is to add six criteria questions to its platform after mortgage brokers...

NEWSLETTER SIGNUP

FIRST-TIME BUYERS

Leeds lending falls amid technology investment

Leeds Building Society completed £2bn of gross mortgage lending during the first half of 2026, down 23.1% from £2.6bn during the corresponding period last year. The mutual helped 13,000 borrowers onto or up the housing ladder, compared with 19,400 during the first half of 2025. Almost...

Lengthy completions put mortgage offers under pressure

Homebuyers face an average five-month wait between agreeing a sale and completing, increasing the...

Bank of England holds rate at 3.75% as energy risks cloud outlook

The Bank of England has kept Bank Rate at 3.75% amid concern that higher...

Foxtons mortgage revenue rises 20% despite sales slump

Foxtons increased financial services revenue by 20% during the first half of 2026, supported...

First-time buyer squeeze deepens as mortgage rates climb

First-time buyers with small deposits face mounting pressure as average mortgage rates rise and...

OPINION

Mortgage maturity: A golden opportunity for advisers

Around 1.8 million fixed-rate mortgage deals are due to come to an end in 2026, adding to the 1.6 million mortgages that already matured...

Rates are moving and regulation is evolving

Many lenders are having to increase their rates, and that trend looks set to...

Building tomorrow’s mortgage market: AI built on trust, governance and confidence

The government's Financial Services AI Adoption Plan, led by Harriet Rees, group chief information...

The protection prompt: what AI still needs to get right

The Mills Review has prompted plenty of discussion across the mortgage industry. While much of the focus has been on the finding that a quarter of UK adults would trust tools such as ChatGPT with financial decisions, another point in the report is equally...

Why second charges are helping Right to Buy borrowers do more with their home

For many people, Right to Buy is still one of the most accessible ways to become a homeowner and over the last five years,...

DISTRIBUTION

Omni Mortgage Club adds Monmouthshire BS to lender panel

Omni Mortgage Club has added Monmouthshire Building Society to its lender panel, giving its...

Latest network figures reveal market in motion

Mortgage networks continued to experience significant movement during the second quarter of 2026 as...

Walbrook launches mortgage adviser apprenticeship pathway

Walbrook Institute London has expanded its apprenticeship offering with a new Level 3 pathway...

Skipton loses former Connells chief’s discrimination case

Skipton Group Holdings and Connells have lost an employment tribunal case brought by former...

Exeter Leukaemia Fund wins £20,000 MAB grant

The Mortgage Advice Bureau Foundation has awarded its one-off £20,000 Extra Funding Grant to Exeter Leukaemia Fund. The award marks three years of grant-giving by the Foundation, which has supported around 60 UK charities and raised more than £550,000 since launching in 2022. Previous grant recipients...