banks

NatWest extends debt advice funding with £8m pledge to StepChange and PayPlan

NatWest Group has pledged £8m in additional funding to consumer debt advice organisations StepChange...

Allica Bank secures $155m to drive SME lending growth

Allica Bank has raised $155m in a Series D funding round to accelerate lending...

Paragon creates new intermediary relationship team to bolster broker support

Paragon Bank has established a dedicated intermediary relationship team as it seeks to deepen...

Atom bank lowers commercial mortgage entry point to £200,000

Atom bank has reduced the minimum loan size across its commercial mortgage range to...

Cloud is not about where you host technology, it’s about how

When lenders talk about cloud, the discussion often begins – quite reasonably – with...

Chetwood Bank hires Simon Parish as south east business development manager

Chetwood Bank has appointed Simon Parish as business development manager for the South East,...

Santander lowers higher LTV rates for FTBs with 95% 5-year fix at 4.72%

Santander will cut rates by up to 0.32% across its 85%-95% LTV first-time buyer...

L&G Ignite links to Lloyds Banking Group in first live product API integration

L&G’s Ignite platform has completed its first product API integration, connecting directly to Lloyds...

HSBC UK to host Spring Budget economy webinars for intermediaries

HSBC UK is inviting brokers to join a series of economy update webinars focused...

Clydesdale Bank hikes selected residential fixed rates

Clydesdale Bank is increasing a range of residential fixed rate products across purchase, remortgage...

Santander’s 98% mortgage marks turning point for first-time buyers, says Mojo Mortgages

The introduction of Santander’s My First Mortgage, which allows buyers to purchase with a...

LHV Bank posts £5m profit as deposits and lending more than double

LHV Bank has reported a sharp increase in both deposits and lending, alongside a...

UTB promotes Rebwar Abdoullahi to bridging and buy-to-let sales role

United Trust Bank has promoted Rebwar Abdoullahi to business development manager within its bridging...

Santander UK names new head of mortgage trading

Santander UK has appointed Ben Merritt as head of mortgage trading. Merritt (pictured) will report...

COMMENT

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...

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 determine what leaseholders pay to extend leases or buy freeholds,...

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...

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...

Latest news

Faulkner Powell renews Stonebridge deal after adviser expansion

Faulkner Powell Mortgages has extended its partnership with Stonebridge beyond 2030 after increasing its...

Conveyancing delays seen as biggest obstacle to smoother home moves

Conveyancing is viewed as a bigger barrier to a smooth property transaction than chains,...

Millions of households exposed to financial shocks despite apparent stability

Millions of UK households that appear financially secure could struggle to absorb an unexpected...

The Mortgage Hut adopts Instamo tool to speed up mortgage applications

The Mortgage Hut has introduced Instamo's FastSubmit technology to reduce the amount of manual...

PROFILES