ClearPath AI launches with £1m backing for mortgage and property platform

ClearPath AI has raised £1 million in pre-seed funding to launch an artificial intelligence platform for the legal, property, mortgage and wider financial services markets. The Birmingham-based business has emerged from stealth with more than 20 people working across...

Latest news

Young homeowners turn to 40-year mortgages to manage costs

Two-thirds of mortgage holders aged under 30 have taken loans lasting between 30 and 40 years, according to analysis by mortgage overpayment app Sprive. The...

Right Mortgage sets date for first women’s leadership summit

The Right Mortgage & Protection Network will hold its inaugural Women’s Leadership Summit in Solihull next month. The event, announced on 24 August 2026, will...

Broadstone appoints senior banking pair as advisory demand rises

Broadstone Lending Advisory Services has appointed two senior business development managers as lenders and investors seek greater assurance over governance, operations and portfolio quality. Leo...

Together completes 1,000th Networks & Clubs channel case

Together has completed its 1,000th case through its Networks & Clubs channel, providing a shared ownership mortgage to a couple buying their first home. The...

Cumberland launches index tracking UK holiday let market

The Cumberland Building Society has launched its first Holiday Let Index, examining confidence, investment and lending across the UK market. Produced with independent market research agency Pegasus Insight, the report draws on responses from 125 mortgage brokers, private landlords...

Foundation widens residential criteria for higher earners and adverse credit

Foundation has expanded its residential mortgage criteria to accommodate more borrowers with historic credit problems or incomes constrained by standard lending limits. The intermediary-only specialist lender has revised its adverse credit criteria, increased loan-to-income allowances for higher earners and...

Northern commuter towns lead asking price growth

Commuter locations around Glasgow and Manchester are recording some of Britain’s strongest asking price growth as buyers seek more affordable homes within reach of large cities, Rightmove analysis suggests. 10 of the 15 fastest-growing commuter hotspots identified by the...

Foundation raises income multiples for higher-earning mortgage borrowers

Foundation Home Loans has increased the amount higher-earning residential borrowers can access under changes to its loan-to-income criteria. The intermediary-only specialist lender said sole applicants earning at least £50,000 could now borrow up to 5.99 times their income, compared...

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

How are we supporting the next generation of first-time buyers?

With GCSE and A-level results out over the last fortnight, it feels like the right moment to ask a question the industry doesn't spend...

Let’s not get bogged down in the macro, let’s focus on the ones and twos

In challenging times such as this, it often feels like the first instinct for many in the mortgage market is to talk it down....

Underwriting: Are we saying “no” to the wrong risks?

Over the last two days I’ve talked about the size of the later life lending market and the knowledge gap that still exists around...

Q&As

BUY-TO-LET

Tipton cuts expat and limited company buy-to-let rates

Tipton & Coseley Building Society has reduced selected expat and limited company buy-to-let mortgage...

UK rent growth accelerates as supply pressures persist

Average UK private rents rose by 3.7% to £1,393 a month in the year...

Landlords reporting rent arrears falls to record low

The proportion of landlords reporting rent arrears has fallen to its lowest level on...

Fleet Mortgages brings back fee options for HMO and MUFB loans

Fleet Mortgages has reintroduced two five-year fixed-rate products for houses in multiple occupation and...

Hanley Economic moves into holiday let lending

Hanley Economic Building Society has entered the holiday let mortgage market with two variable...

Mortgage industry backs alcohol-free MIMHC lunch

An alcohol-free event organised by the Mortgage Industry Mental Health Charter (MIMHC) has secured...

HSBC cuts residential and buy-to-let mortgage rates

HSBC UK is reducing rates across its residential and buy-to-let mortgage ranges from 19...

FIRST-TIME BUYERS

Gen H cuts high-LTV mortgage rates by 15 basis points

Gen H has reduced rates across its 90% and 95% loan-to-value mortgage ranges in a move aimed at buyers with smaller deposits. The residential mortgage lender has cut rates by 15 basis points, its second reduction at higher loan-to-value (LTV) levels in three weeks. The changes...

Half of homes taking longer to sell as regional divide widens

Homes in almost half of Great Britain’s local authority areas are taking longer to...

Revived Help to Buy would inflate prices: Lamdin

Restoring Help to Buy would strengthen developers’ sales without solving the underlying affordability crisis...

Nationwide cuts fixed mortgage rates by up to 0.15%

Nationwide Building Society is reducing selected fixed mortgage rates by up to 0.15 percentage...

Are we actually set up to support first-time buyers?

After a summer spent thinking it over, this time of year is often the...

OPINION

The blind spot: residential advisers and the over-55 customer

Yesterday I talked about the supportive nature of the equity release and later life lending community and the fact that collaboration is one of...

The uncomfortable truth about the later life lending market

The headlines around the latest Equity Release Council figures released this month all suggested...

Leasehold reform has a September window – will Burnham use it?

At the time of writing, the Commonhold and Leasehold Reform Bill still has no...

Advisers need an answer for evolving landlords

It’s a tough time to be a landlord. The succession of changes to tax and regulation made in recent years - with the Renters’ Rights Act just the latest example - have caused many landlords to reconsider their options. In some cases, they have left...

AI doesn’t remove bias. It gives us the chance to manage it

One of the great promises of artificial intelligence has always been objectivity. Machines, unlike people, do not have bad days. They do not favour...

DISTRIBUTION

Nomo joins Omni Mortgage Club lender panel

Omni Mortgage Club has added Sharia-compliant property finance provider Nomo to its lender panel. The...

Marsden passes £100m Guernsey lending milestone

Marsden Building Society has surpassed £100m in mortgage completions in Guernsey through its partnership...

L&G appoints Kerrigan to drive Ignite broker rollout

Legal & General has appointed Craig Kerrigan as broker relationship manager for its Ignite...

Stonebridge overhauls protection sourcing platform

Stonebridge has redesigned the protection sourcing journey within its Revolution adviser platform to support...

GB Bank joins Mortgage Advice Bureau lender panel

Mortgage Advice Bureau has added GB Bank to its lender panel, giving its advisers access to the bank's bridging and buy-to-let products. The agreement allows Mortgage Advice Bureau advisers to place buy-to-let cases with the bank, including enquiries involving residential, semi-commercial and commercial property. GB Bank...