House prices record first annual fall since November 2023

UK house prices fell by 0.4% in the year to August, the first annual decline since November 2023, as economic uncertainty and borrowing costs weighed on activity. Prices slipped by 0.2% over the month, following a 0.1% fall in...

Latest news

Bath Building Society recruits finance chief from Principality

Bath Building Society has appointed Annelie Grey as chief finance officer, recruiting her from Principality Building Society. Grey (pictured) was previously head of planning and...

L&G opens Ignite mortgage sourcing platform to all brokers

L&G has extended access to its Ignite mortgage sourcing platform to brokers across the market, regardless of their mortgage club, network, firm or CRM...

Afin Bank recruit to lead treasury and regulatory reporting

Afin Bank has appointed Simon McClean as head of treasury and regulatory reporting as the specialist lender expands its loan book and savings deposits. McClean...

Certua Life brings individual life cover to Heka benefits platform

Certua Life has partnered with employee benefits platform Heka to offer individual life insurance through its Surely brand, with premiums starting at £5 a...

LifeSearch adds life insurance access to Snoop app

LifeSearch has partnered with money management app Snoop to give users access to life insurance quotes and protection advice. Users can obtain quotes through the app and buy a policy online through a LifeSearch-powered service. Those who need advice...

Twenty7tec targets adviser administration and client retention with Steppl

Twenty7tec has developed Steppl to bring client information, communications and documents into one digital environment and help advice firms maintain relationships beyond individual transactions. The platform, discussed in the latest episode of the company's ELEVATE podcast, is designed to...

New housebuilder registrations fall 34% from 2022 peak

The number of housebuilding companies being established in the UK has fallen by 34% since 2022, according to Connells Group analysis of Companies House data. There were 6,815 new housebuilding companies set up in the first seven months of...

HSBC UK to raise rates across residential and buy-to-let ranges

HSBC UK will increase rates across a range of two-year and five-year fixed mortgages from 7 September, affecting residential borrowers, landlords and international customers. The lender’s notice to intermediaries covers purchase and remortgage products, including its energy-efficient home ranges....

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

In our industry, competition and collaboration aren’t opposites

If there's one theme running through the market at the moment, it's the power of retention, and just how much can be achieved when...

We must not accept our snail’s pace home buying system

Buying a house in this country can be ridiculously slow, as a handful of recent studies have highlighted. Research from the House Buyer Bureau...

Your clients can’t tell which firm they’re dealing with

Two clients walk into your firm in the same week. One of them is a referral from a mate of yours. Complicated case, self-employed, bit...

Q&As

BUY-TO-LET

Pepper Money reduces residential and buy-to-let rates

Pepper Money has cut rates across its residential and buy-to-let mortgage ranges and launched...

Property investors retain appetite for build-to-rent despite construction slowdown

More than seven in 10 professional property investors plan to invest in build-to-rent developments...

Quantum Mortgages passes £1bn lending milestone

Quantum Mortgages has exceeded £1bn in mortgage lending little more than four years after...

UTB reduces 2-year BTL rates by up to 50bps

United Trust Bank has reduced rates across its standard and specialist buy-to-let ranges, with...

Paragon cuts buy-to-let fixed rates to 3.40%

Paragon Bank has cut rates by 15 basis points across its Core and Tailored...

Afin Bank recruits three underwriters as lending range expands

Afin Bank has appointed three underwriters to support its growth across residential, buy-to-let and...

Landlords are buying – and advisers should take note

There has been no shortage of commentary over recent years suggesting landlords are heading...

FIRST-TIME BUYERS

Stamp duty blamed as home moves fall to once every 21 years

Stamp duty is deterring millions of people from moving home and restricting opportunities for first-time buyers, according to research from Yorkshire Building Society. Nearly one in three adults, or 29%, seriously considered moving during the past year, rising to 49% among renters hoping to buy...

Ecology launches 95% mortgage for Scottish first-time buyers

Ecology Building Society has launched a mortgage for first-time buyers using the Scottish government’s...

Digital ID trust mark could speed up mortgage applications

A new government-backed digital identity trust mark could help mortgage brokers and lenders reduce...

The Coventry raises first-time buyer lending limit to 6.5 times income

Coventry Building Society has increased the amount eligible first-time buyers can borrow to as...

HSBC to cut fixed mortgage rates across residential range

HSBC UK will reduce a broad selection of fixed mortgage rates for new and...

OPINION

It’s time to look at retention

As the summer winds down and the back-to-school routine kicks back in, I urge the industry to turn its attention to something just as...

Why energy efficiency is hiding mortgage portfolio risk

For years, ESG strategies across the UK mortgage sector have operated under a relatively...

Affordability shocks and expiring deals: why the 2026 mortgage peak demands a holistic protection review

I speak to mortgage advisers and brokers every day, and one topic keeps coming...

Why the FCA’s Protection Report is a wake-up call and a massive opportunity for advisers

According to Mortgage Advice Bureau, approximately 90% of all mortgages are secured through an adviser, and 80% of protection are sold via the same channel. Consumers trust us to guide them through the biggest financial commitment of their lives. Yet, when we look at how...

Bank Rate holds, but the pressure is building

The Bank of England's decision to maintain Bank Base Rate (BBR) last month at 3.75% provides another period of stability for the mortgage market,...

DISTRIBUTION

TMG backs Rotherham United Women in shirt sponsorship deal

TMG Financial Services has agreed a partnership with Rotherham United Women FC to become...

James Miller & Associates renews Stonebridge partnership

The Cornwall-based mortgage and protection firm James Miller & Associates has extended its partnership...

Openwork adds April Mortgages to lending panel

Openwork has added April Mortgages to its lending panel, giving advisers access to a...

Together completes 1,000th Networks & Clubs channel case

Together has completed its 1,000th case through its Networks & Clubs channel, providing a...

TMA adds Monmouthshire BS to lender panel

TMA Club has added Monmouthshire Building Society to its lender panel as the mutual makes a measured return to the broker market. The agreement gives TMA’s directly authorised partners access to the Newport-based society’s residential, buy-to-let and commercial mortgage ranges. Monmouthshire paused lending last year while...