Family BS hires Paul Ormonde for Central London broker role

Family Building Society has appointed Paul Ormonde as a business development manager covering Central London. Ormonde (main picture) joins from Quantum Mortgages, where he was involved in the specialist lender's launch in 2022. He began his career in estate agency...

Latest news

ModaMortgages cuts rates with limited edition buy-to-let range

ModaMortgages has launched a limited edition buy-to-let range with rates reduced by up to 10bps. The specialist lender is offering two-year fixed rates from 4.14%...

First-time buyers face confidence gap as unexpected costs and delays mount

Nine in 10 first-time buyers believe they understand the home-buying process before starting, but 71% subsequently encounter unexpected costs, research from LPL has found. The...

LendInvest raises £300m through latest Mortimer securitisation

LendInvest has completed its eighth Mortimer residential mortgage-backed securitisation, securing £300 million of funding against a portfolio of UK prime buy-to-let loans. Mortimer 2026-1 Plc...

TMG adds Gable Mortgages to lender panel

TMG Mortgage Network has added Gable Mortgages to its lender panel, giving member firms access to the lender's 100% loan-to-value and zero-deposit mortgage proposition. The...

MIMHC makes final call as charity lunch nears capacity

The Mortgage Industry Mental Health Charter (MIMHC) has made a final call for industry support with just five tables remaining for its alcohol-free charity lunch next month. Mortgageforce and Shawbrook Bank are the latest firms to back the event,...

Virgin Money to move eligible product transfers to Nationwide from October

Virgin Money is changing its residential product transfer process, with some customers whose deals mature from February 2027 able to switch onto a Nationwide product. From 1 October 2026, eligible Virgin Money residential borrowers with products maturing from 1...

Skipton cuts fixed rates and widens home mover range

Skipton Building Society is reducing rates across its fixed mortgage range by an average of 0.15%, alongside expanding its Delayed Start Mortgage and adding new higher-LTV products. The pricing changes will take effect from 9.00am on Friday 25 September...

Quantum Mortgages promotes Mihramane and Ajaib

Quantum Mortgages has made two internal promotions across its sales and completions teams as the specialist lender continues to expand its operations. Zouhair Mihramane has been promoted to head of business development, taking responsibility for leading and supporting the...

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

Network recruitment called. The 1970s want their strategy back

I spend a lot of my time looking at growth. What does it cost? Is it sustainable? And are we creating value, or just...

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 when the Bank of England announced another Bank Base Rate...

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...

Q&As

BUY-TO-LET

Saffron expands expat landlord range and eases residential income criteria

Saffron for Intermediaries has broadened its specialist mortgage criteria with new expat HMO products...

Landlords adapt portfolios as Renters’ Rights Act beds in

Landlords are adjusting their operating models to the Renters' Rights Act rather than retreating...

Chetwood Bank takes Tower 42 office as balance sheet reaches £7bn

Chetwood Bank has opened a new London office in Tower 42 as it expands...

RAW Capital Partners adds specialist mortgages to L&G Ignite

Brokers using L&G's Ignite sourcing platform can now access RAW Capital Partners' specialist buy-to-let...

Fleet launches broker guide to Renters’ Rights Act changes

Fleet Mortgages has introduced a suite of resources to help brokers discuss the implications...

Portfolio landlords feel growing strain from rental management

Almost three-quarters of portfolio landlords say managing their rental properties has become harder over...

Brilliant Solutions adds SME finance service for introducers

Brilliant Solutions has launched a dedicated SME lending proposition aimed at giving introducers access...

FIRST-TIME BUYERS

Gable zero-deposit mortgages added to Twenty7tec sourcing platform

Twenty7tec has added Gable Mortgages to its RESEARCH platform, making the lender's zero-deposit residential range available to advisers through its sourcing system. Gable's products, which are available at up to 100% loan-to-value, will now sit alongside the wider residential mortgage market within RESEARCH. The lender targets...

FORTO Finance launches with focus on expat mortgage market

FORTO Finance has launched in the UK mortgage and protection market following a pilot...

Gable launches 100% LTV mortgage range for first-time and next-time buyers

Gable Mortgages has launched a 100% loan-to-value mortgage range aimed at first-time buyers and...

First-time buyers face 21-month minimum saving period for upfront costs

A typical private renter would need almost 21 months to save the £26,409 required...

Skipton extends Delayed Start mortgage to more home movers

Skipton Building Society has widened access to its Delayed Start Mortgage, allowing more home...

OPINION

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...

Leasehold valuation reform: the consultation is asking only half the question

The Government's consultation on leasehold enfranchisement valuation rates is important because it will help...

What commonhold will mean for mortgage lenders and brokers

Commonhold is often presented as the straightforward alternative to leasehold. It removes the freeholder,...

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 4.5 out of 5, it’s easy to look at that number and think everything must be working pretty well. And...

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...

DISTRIBUTION

Subcontext brings protection distribution into ChatGPT and Claude

Subcontext has launched technology that it says will allow UK insurers and brokers to...

Monmouthshire joins Paradigm lender panel

Paradigm Mortgage Services has added Monmouthshire Building Society to its lender panel, giving member...

Paradigm expands conveyancing panel with Optimus

Paradigm Mortgage Services has added Optimus to its conveyancing panel, giving member firms access...

L&G Mortgage Club adds estate agency referral service

L&G Mortgage Club has partnered with GOTO Estate Agency to launch a referral service...

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 mortgage intermediaries and partnerships, and will...