Why the AI revolution could be a golden age for financial advice

Every major technological shift creates the same debate: will it empower professionals to do more, or eventually replace them? Artificial intelligence is simply the latest example and across financial services, AI has quickly become one of the most discussed...

Latest news

The Monmouthshire expands mortgage platform pilot to more intermediaries

Monmouthshire Building Society has widened the intermediary pilot of its new mortgage origination platform, adding a number of mortgage clubs and networks including Mortgage...

The Cambridge adds 98% LTV five-year fix for first-time buyers

Cambridge Building Society has widened access to its First Step range with a 98% LTV five-year fixed-rate mortgage available to intermediaries across the market. The...

Monicio targets mortgage admin burden with AI-powered CRM

Mortgage technology provider Monicio has launched an AI-powered CRM designed to automate administrative work while leaving advisers responsible for advice and client relationships. The platform...

Foundation colleagues take on Snowdon challenge for Centrepoint

Foundation and Catalyst colleagues have climbed Yr Wyddfa (Snowdon) as part of a fundraising drive for youth homelessness charity Centrepoint. A group of 35 employees...

HSBC eases new-build part-exchange criteria

HSBC has changed its residential lending criteria for new-build buyers who part exchange their existing property with a developer. From 1 October, the lender will treat a part-exchange arrangement as a financial incentive worth up to 2% of the...

Plannr integrates Mortgage Brain tools into adviser workflow

Plannr has partnered with Mortgage Brain to connect mortgage sourcing and lender submissions with its client and case-management platform. The integration will give advisers access to Mortgage Brain's sourcing, criteria and affordability technology from within Plannr, with application data...

Barclays hikes mortgage rates for second time in a week

Barclays is increasing fixed mortgage rates for the second time this week as rising funding costs continue to force lenders to reprice. The lender will make its latest increases tomorrow, Friday, having already raised rates on Tuesday. The move comes...

LendInvest removes ERCs and cuts rates across buy-to-let tracker range

LendInvest has revamped its buy-to-let tracker mortgage range, removing early repayment charges and increasing maximum LTVs on a number of specialist property types. The lender has also reduced initial pay rates across its tracker range, a move it said...

PROFILE

Buy-to-let at 30: the mortgage that changed Britain’s housing market

John Heron helped create buy-to-let when landlords had almost nowhere to turn for finance. Thirty years later, he and Paragon Bank's Louisa Sedgwick reflect...

INDUSTRY COMMENT

Should mortgage advisers consider the emerging secondary market for life policies?

Mortgage advisers regularly help clients navigate major life changes. While much of the focus is naturally on borrowing, refinancing and insurance, there is another...

One mortgage journey no longer fits every borrower

In the mortgage market, we have lots of different ways of describing customers depending on where they are in their lives. We talk about...

Closing the protection gap starts with informed clients

Millions of people have no protection insurance coverage and could be left vulnerable in the event of a death in the family, serious illness...

Q&As

BUY-TO-LET

Lendlord adds free rent increase notice tool for landlords

Lendlord has introduced a free tool designed to help landlords prepare the Form 4A...

Meet the hosts of Mortgage’s Got Talent

As the mortgage industry prepares to swap case discussions, criteria and rates for microphones,...

Octane revives specialist buy-to-let range with loans up to £15m

Octane Capital has returned to the specialist buy-to-let market with a range offering loans...

Landlords warn higher Budget costs could feed through to rents

Almost two-thirds of landlords say they would seek to recover higher costs through rents...

Complex income must not become barrier to Scottish homeownership

Mortgage lenders need to keep adapting their criteria as changing working patterns leave growing...

The fall in BTL company formations isn’t the whole story

It is often the case with housing and mortgage market data that the headline...

Redwood holds buy-to-let rates despite higher wholesale funding costs

Redwood Bank has kept its buy-to-let mortgage rates unchanged despite rising swap costs prompting...

FIRST-TIME BUYERS

First-time buyer homes could cost almost £24k more by 2030

The average price paid by a first-time buyer in England could rise by almost £24,000 by 2030 if official house price forecasts prove accurate, analysis from Coventry Building Society suggests. Using Office for Budget Responsibility forecasts of annual house price growth of more than 2%,...

LSL warns first-time buyers could pause plans ahead of new deposit scheme

LSL Financial Services has welcomed the government's proposed 2.5% deposit scheme for new-build homes,...

Higher mortgage rates put buyers in driving seat as sales fall

Higher mortgage rates have pushed buyers firmly into the driving seat, with agreed sales...

Government commits to licensing property agents but detail remains unclear

The government has committed to mandatory licensing and qualifications for property agents as part...

Student loan repayments squeeze first-time buyer deposit savings

More than 1.5 million young adults believe student loan repayments are making it harder...

OPINION

Buy-to-let has matured as a market

Buy-to-let turned 30 last week, and it's a good moment for some much-needed positivity around this market. Whatever the narrative around buy-to-let has been at...

Network recruitment called. The 1970s want their strategy back

I spend a lot of my time looking at growth. What does it cost?...

Bank Rate holds again, but November is now firmly in focus

There may well have been a collective sigh of relief across the mortgage market...

Harpenden’s expat move could be bigger than the numbers suggest

Harpenden Building Society’s move into expat mortgages this summer has been good news for brokers and borrowers. But I think its importance goes beyond the extra products now sitting on sourcing systems. There simply aren’t that many lenders targeting the expat segment. So, when another...

We need to wait to get a clearer picture

It's been a week where the political and economic backdrop has moved almost as fast as rates themselves, and it's worth taking stock of...

DISTRIBUTION

LSL Financial Services names Paula Mercer as sales director

LSL Financial Services has appointed Paula Mercer as sales director with responsibility for sales...

TMG adds Gable Mortgages to lender panel

TMG Mortgage Network has added Gable Mortgages to its lender panel, giving member firms...

Openwork adds Uinsure to general insurance panel

The Openwork Partnership has appointed Uinsure to its general insurance panel, giving advisers a...

MIMHC makes final call as charity lunch nears capacity

The Mortgage Industry Mental Health Charter (MIMHC) has made a final call for industry...

L&C strengthens senior team with partnerships and technology hires

L&C Mortgages has expanded its senior leadership team with the appointment of Rachael Hunnisett and Kristina Porter to roles covering partnerships, communications, transformation and technology. Hunnisett (pictured, left) joins the mortgage and protection broker as director of partnerships and communications, while Porter has been appointed...