banks

Mortgage leaders warn sector risks losing ‘pulling power’ with next generation

The UK mortgage industry must work harder to attract new talent if it is...

S&P Global upgrades Mount Street’s mortgage servicing unit to “Strong”

Mount Street Group has received a significant boost after S&P Global Ratings upgraded its...

Lazarus Economics chief tips faster growth as savings glut holds back recovery

The UK economy could grow faster than official forecasts suggest with interest rates needing...

Mortgage borrowing slows as corporate lending accelerates

Households are curbing mortgage borrowing amid a cooling housing market, despite falling rates on...

Barclays cuts mortgage rates with focus on first-time buyers

Barclays has announced a series of mortgage rate cuts across its residential purchase and...

UTB reshapes lending division as Sundeep Patel departs

United Trust Bank (UTB) has announced a major restructuring of its lending operations alongside...

Together completes £367mn mortgage-backed securitisation

Together Financial Services has completed the successful pricing of its second residential mortgage-backed securitisation...

INDUSTRY REACTION: Bank of England holds rates at 4% as inflation concerns persist

The Bank of England has kept interest rates on hold at 4% and signalled...

Self-employed workers would switch to a salaried job to get a mortgage

The majority of self-employed workers would switch to a salaried job to get a...

United Trust Bank grows property development team

United Trust Bank (UTB) has bolstered it property development division as the bank continues...

Bank of England set to hold rates as inflation proves sticky

The Bank of England is expected to hold interest rates at 4% this week...

Atom bank study finds EPC flaws could undermine net-zero targets

Atom bank has warned that the UK’s reliance on energy performance certificates (EPCs) to...

First-time buyers put at the heart of Treasury mortgage talks

The government will urge lenders to put first-time buyers at the top of their...

Lifetime ISA under fire as HMRC research reveals flaws for first-time buyers

Fresh research by HM Revenue & Customs has cast renewed doubt on the effectiveness...

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

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...

FCA sets out timetable for major expansion of anti-money laundering supervision

The FCA expects to begin taking over anti-money laundering supervision of legal, accountancy and...

MAB revenue rises as refinancing drives mortgage completions

Mortgage Advice Bureau reported an 8.6% increase in first-half revenue to £161.0m as higher...

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