London recorded the strongest monthly increase in average rents as demand continued to outstrip the supply of privately rented homes.
Average rents in the capital rose by 4.2% month on month, from £2,385 to £2,484, according to the latest...
Hope Capital Property Finance has increased its committed funding facility with Shawbrook Bank to £50 million as the specialist lender expands its capacity for...
LSL Property Services is understood to have agreed a deal involving Beneficial mortgage network through Pivotal Growth, its joint venture with Pollen Street Capital.
Mortgage...
TMG recorded its highest monthly submission volume with MetLife, exceeding its previous record by more than 40%.
MetLife confirmed that the latest monthly total was...
Leek Building Society has introduced eight lending criteria changes covering income, contractors, later-life borrowing and complex properties.
The mutual has increased the maximum age at...
Coventry for intermediaries has reduced selected residential and buy-to-let mortgage rates for new and existing borrowers.
Residential rates have been cut by up to 15 basis points, while selected buy-to-let products have received reductions of up to eight basis...
Rely has reduced rates by up to 25 basis points across a range of buy-to-let products.
The OSB Group lender has cut selected 1-, 2- and 5-year fixed rates for small landlords, alongside 2-year fixes for medium and large...
UK house prices remained unchanged in July as higher mortgage rates and global economic uncertainty continued to constrain the market, according to the Lloyds House Price Index.
The average property price slipped by £143 to £299,253 following a 0.2%...
HSBC has widened its residential lending criteria for certain applicants employed on fixed-term contracts.
Medical doctors and teachers will now be assessed under the lender's standard employment criteria.
Supply teachers and teaching assistants are excluded from the change, however.
The revised...
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...
The government's language on leasehold reform remains forthright. Ministers speak of, “bringing the feudal leasehold system to an end,” of returning power to homeowners...
Every lending market experiences moments that prompt uncomfortable questions. A high profile default, allegations of poor governance or a significant loss inevitably lead to...
Let's be honest about something the industry won't say out loud. Lenders going direct aren't the problem. Brokers are.
Every year the same conversation happens....
Darlington Building Society has completed a £420,000 joint borrower sole proprietor mortgage involving two students and a parent earning in US dollars overseas.
The loan was secured against a £525,000 property at 80% loan-to-value.
The case, introduced by Alison Mitchell, mortgage and protection adviser at RobMac...
For the past three years, the conversation around artificial intelligence in financial services has been dominated by technology. Every week seems to bring another...
Andy Burnham ruled out changes to stamp duty on 27 July, a week into the job and days after reports that the government was weighing a single annual property charge to replace stamp duty and council tax. It was just not the case, he...
Recent adviser research from Nottingham Building Society underlines the appetite for greater use of technology across the mortgage process. The vast majority (89%) of...
Walbrook Institute London has expanded its apprenticeship offering with a new Level 3 pathway for aspiring mortgage advisers that incorporates LIBF’s Certificate in Mortgage Advice and Practice (CeMAP).
The 15-month Mortgage Adviser apprenticeship is designed to give firms a funded and fully managed route to...
