Royal London pays income protection claim before customer pays first premium

Royal London has paid an income protection claim to a customer who became unable to work while their application was still being underwritten and before their first premium had been collected. The customer received £1,500 through the insurer's fracture...

Latest news

Guardian claims payouts rise 48% to record £31.7m

Guardian paid almost £31.7 million in life, terminal illness and critical illness claims during 2025, an increase of 48% on the previous year. The protection...

Novello joins OPDA as it prepares AI-led surveying platform

Novello Chartered Surveyors has joined the Open Property Data Association as the surveying firm prepares to launch an AI-powered platform designed to turn property...

Virgin Money raises selected mortgage rates and launches new 60% LTV deals

Virgin Money is increasing selected residential and buy-to-let rates from 16 September while withdrawing a range of 65% LTV products and introducing new 60%...

Clydesdale to raise residential product transfer rates by up to 0.20%

Clydesdale will increase selected residential product transfer fixed rates from Wednesday 16 September. The lender said two-year and five-year fixed rate products in its core...

FCA bans former law firm manager over £28m client money case

The FCA has banned a former law firm manager from working in financial services after he was found to have dishonestly caused or allowed more than £28m of client money to be taken without permission. The regulator banned Nurul...

National Friendly expands adviser proposition with term assurance launch

National Friendly has moved further into the protection market with the launch of Friendly Life Cover, a term assurance product available to advisers directly and through Iress' The Exchange. The friendly society said the launch broadens its existing protection...

Nationwide names Richard Walker to lead intermediary sales and new-build business

Nationwide has appointed Richard Walker as head of intermediary sales and new build, bringing in the former Virgin Money executive to lead its broker-facing sales teams and new-build activity. Walker (pictured) will report to Damian Thompson, Nationwide's director of...

Saffron says brokers should look beyond labels on complex mortgage cases

Borrowers with non-standard incomes, unusual properties or international circumstances should not automatically be treated as difficult to place, according to Saffron for Intermediaries. The lender said changes in the way people work, invest and structure their finances mean mortgage...

PROFILE

Darrell Walker on LendInvest’s next chapter

After 35 years in banking and mortgages, the former football hopeful thought he might have found the company where he would see out his...

INDUSTRY COMMENT

What commonhold will mean for mortgage lenders and brokers

Commonhold is often presented as the straightforward alternative to leasehold. It removes the freeholder, gives flat owners greater control and avoids some familiar problems...

All eyes on Thursday’s rate decision

We've seen a number of lenders increase their rates over the past week, and with the Bank of England's next decision landing on 17...

Why you need to know what sits behind the average review score

There’s a funny thing about review scores. The better they are, the less likely we are to question them. If a company is sitting at...

Q&As

BUY-TO-LET

Landlords increasingly favour local markets for property investment

Professional landlords are increasingly concentrating investment in their home regions as local market knowledge...

Rents set to rise by up to 5% as supply falls

UK rental growth is accelerating again as higher mortgage rates keep would-be first-time buyers...

Buy-to-let company formations fall as landlord incorporation boom slows

The number of new buy-to-let companies being established has fallen this year as the...

Cyber attacks on property businesses rise 17% as hackers target client data

Cyber attacks against UK property services businesses increased by 17% last year as agents...

Remortgage searches rise 11% year on year as August activity slows

Remortgage searches continued to support mortgage market activity in August, with Twenty7tec recording an...

The Darlington reduces mortgage rates by up to 40bps

Darlington Building Society has cut rates across its residential and specialist mortgage ranges by...

Landbay cuts Core buy-to-let rates by up to 0.20%

Landbay has cut rates across 19 products in its Core buy-to-let range, with reductions...

FIRST-TIME BUYERS

High-income-multiple lending to first-time buyers jumps 66%

The number of first-time buyer mortgages advanced at 4.5 times income or more rose by two thirds in 2025, with particularly sharp growth in lending above 5.5 times income, FCA figures show. Data obtained from the Financial Conduct Authority through a Freedom of Information request...

Berkeley calls for stamp duty overhaul to kick-start housing market

Berkeley Group has called on the Government to slash stamp duty for first-time buyers...

Property industry moves to speed up mortgage transactions

Lenders, conveyancers and estate agents are testing new ways of sharing property information earlier...

House price fall fails to solve first-time buyer deposit barrier

Millions of working renters remain unable to buy their first home despite UK house...

Knowledge Bank records 6,800 lender criteria changes in August

Knowledge Bank recorded more than 6,800 changes to lender criteria during August, the highest...

OPINION

The new Chancellor wants to remove barriers to growth; he should start with housing

There was probably a degree of unintended irony in the Treasury choosing to call the Chancellor, John Healey’s, first major market ‘intervention’ his ‘Growth...

Brokers are losing the attention battle 1,000 to 3

Take a client you placed on a 5-year fix last year. Over the life...

Triple lock or no triple lock? That is not the question

The debate over the State Pension triple lock has returned. But perhaps the more...

Your clients have already asked AI

The FCA published research on 27 August showing that 56% of 18- to 40-year-olds who hold or are considering investments say they trust AI tools, ahead of television, the press and social media influencers, the last of those on 29%. Four in five of the...

The technology that matters doesn’t make the decision

We have a tendency when talking about mortgage technology to start with what it can automate. How many documents can it process, how quickly can...

DISTRIBUTION

Mortgage’s Got Talent launches for 2026

Mortgageforce is bringing the mortgage industry together this November for Mortgage's Got Talent –...

Scottish BS takes specialist mortgage range nationwide

Scottish Building Society has expanded its intermediary mortgage proposition across mainland UK, giving brokers...

Shepherds Friendly joins The Right DA Club protection panel

The Right DA Club has added Shepherds Friendly to its protection panel, giving member...

Rosemount renews adviser mental health partnership

Rosemount Financial Solutions (IFA) has renewed its partnership with SIX Mental Health Addiction (SIX...

MAB cuts 2026 profit forecast as mortgage market recovery stalls

Mortgage Advice Bureau has cut its full-year profit expectations by £5.4m as the anticipated recovery in the housing market failed to materialise and delays to new lead flows hit its Fluent business. In a trading update to the City this morning the Group said it...