banks

Barclays cuts mortgage rates for second time in two days

Barclays has announced a second round of mortgage rate reductions in as many days,...

Allica Bank to reward brokers for current account referrals

Allica Bank is extending its broker proposition by offering commission to brokers who successfully...

FCA fines Monzo £21m over serious anti-financial crime failings

Monzo Bank has been fined £21,091,300 by the Financial Conduct Authority for systemic failings...

TSB’s mortgages arm could survive Santander takeover as boss hints at brand’s future

TSB’s mortgage business may survive under its own name following Santander’s £2.9 billion acquisition...

Mortgage and rental spending growth slows again as affordability pressures persist

Growth in consumer spending on rent and mortgages slowed for the fourth consecutive month...

Lenders expect dip in mortgage demand despite easing credit conditions

Demand for mortgages for house purchases is expected to fall over the summer months,...

TSB name at risk as Santander announces £2.65bn takeover

The TSB name, a fixture of British high streets for more than two centuries,...

MPC holds rates but dissent grows

The Bank of England has opted to keep interest rates on hold at 4.25%,...

Richard Pike: A conference of positivity – Global ABS Day three

It’s time for reflection of the last three days here in Barca. To readers,...

Growth in mortgage and rent spending slows as buyers brace for higher repayments

Growth in consumer spending on mortgages and rent slowed for the third consecutive month...

Treasury to sell final NatWest shares, closing chapter on £45.5 billion bailout

The Treasury is poised to dispose of its final stake in NatWest Group, drawing...

Bank of Mum and Dad deepens divide in first-time buyer market

Family financial support is playing an increasingly decisive role in shaping the homeownership prospects...

Monmouthshire selects Phoebus as partner in transformation programme

Monmouthshire Building Society has selected Phoebus to provide account servicing solutions to its 90,000...

Mortgage lending surges in March despite falling approvals

Mortgage borrowing by UK households rose sharply in March, according to the Bank of...

COMMENT

Commonhold reform: Devil in the detail

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...

Managing cashflow and risk in today’s turbulent market

Over the past decade buy-to-let landlords have become accustomed to operating in a market where it can often feel like change is the only...

Is there such thing as a ‘typical borrower’ anymore?

What is a typical borrower? A few decades ago, it would have been a salaried employee, single source of income and, most likely, a...

Private credit has reached its next stage of maturity

Every lending market experiences moments that prompt uncomfortable questions. A high profile default, allegations of poor governance or a significant loss inevitably lead to...

Your clients aren’t being stolen… they’re being handed over

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....

Latest news

Commonhold reform: Devil in the detail

The government's language on leasehold reform remains forthright. Ministers speak of, “bringing the feudal...

TMG reports record monthly MetLife submissions

TMG recorded its highest monthly submission volume with MetLife, exceeding its previous record by...

Leek raises earned income age limit to 75

Leek Building Society has introduced eight lending criteria changes covering income, contractors, later-life borrowing...

Coventry cuts residential and buy-to-let rates

Coventry for intermediaries has reduced selected residential and buy-to-let mortgage rates for new and...

PROFILES