Staff at Market Financial Solutions (MFS) were due to be paid on Friday 27 February 2026 but did not receive their salaries following the lender’s move into administration.
The non-payment has left a number of employees facing immediate financial...
Knowledge Bank is turning its next Lenders’ Live session over to development finance, as brokers face growing client interest in funding ground-up schemes, conversions...
HM Treasury and the Department for Science, Innovation and Technology have issued joint guidance confirming that Digital Verification Services certified under the UK Digital...
MJP Conveyancing has completed its first TR1 transfer deed using Veyco QEST, marking a live deployment of qualified electronic signatures in everyday conveyancing practice.
Veyco...
The number of UK residential property transactions fell in January marking the first notable slowdown after several months of relative stability.
According to the latest National Statistics from HM Revenue & Customs (HMRC), the provisional seasonally adjusted estimate for...
Santander UK has confirmed that the first mortgage offer has been issued under its new 98% loan-to-value product, aimed at first-time buyers with smaller deposits.
The lender launched its My First Mortgage range on 3 February, allowing eligible first-time...
With many reports suggesting that next week’s Spring Statement will deliver little in the way of new policy and instead focus largely on updated economic forecasts, there is an even greater need for practical measures that genuinely support...
Coventry for intermediaries has reduced selected residential fixed rates, with changes focused on higher loan-to-value lending and products aimed at first-time-buyers.
The intermediary arm of Coventry Building Society has cut a number of two-year, three-year and five-year fixed rate...
Conditional selling remains one of the most persistent and contentious issues facing the UK housing and mortgage markets with brokers continuing to report pressure...
Later life lending has moved well beyond being an occasional enquiry about equity release or a maturing interest-only case.
It is now a consistent and...
The Government’s commitment to doubling the size of the mutual sector has been welcomed across financial services. Building societies continue to play a critical...
February is on track to record the highest number of new property listings for a decade as improving mortgage conditions boost market momentum.
The latest House Price Index from Zoopla reveals that the number of homes for sale is currently 6% higher than a year...
There is lots of talk about technology with cloud-native and artificial intelligence just some of the buzzwords of today’s dinner parties and conferences.
There is an innate fear that computers will take jobs from people and I’ve heard that some businesses are forecasting a blanket...
The latest figures from the ABI show insurers processed a record £4 billion in individual and workplace private medical insurance (PMI) claims in 2024,...
The Right Mortgage has launched The Right Packager, a new service available to advisory firms within its network to support cases that fall outside mainstream lending criteria.
The proposition is positioned as an additional route to market for advisers handling complex, non-standard or specialist applications,...
