banks

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...

Virgin Money and Clydesdale Bank cut product transfer window to four months

Virgin Money and Clydesdale Bank are reducing the length of time customers can apply...

Mortgage brokers bullish on rate cuts

More than half of mortgage brokers (52%) say they expect at least two cuts...

HSBC cuts rates across residential and buy-to-let offerings

HSBC UK has announced a wide set of rate reductions across its residential and...

OSB sees profit slide despite loan growth and new platform launch

OneSavings Bank (OSB Group) reported a fall in profits for the first half of...

Lloyds ad banned over misleading £19.5bn housing claim

The Advertising Standards Authority (ASA) has ruled that a Lloyds Banking Group advertisement overstated...

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COMMENT

AUTUMN BUDGET: Further damage to buy-to-let investors

Yesterday’s Budget represented yet another decisive step in the dismantling of the traditional buy-to-let sector. The Government has chosen to tighten the tax screw on...

AUTUMN BUDGET: Much ado about nothing… Thank goodness

The Keystone Cops were out in force yesterday in the Commons, as exemplified by the OBR’s involuntarily (we suppose) leaking of the Budget before...

Brokers need more lender choice to meet real-life borrower needs

With more borrowers falling outside traditional lending criteria, brokers need a wider range of lenders than ever before to serve a growing range of...

AUTUMN BUDGET: Still ducking the housing question

The Chancellor set out to fix an economy that is not working well enough for working people, talking about high bills, squeezed living standards...

AUTUMN BUDGET: Ch-ch-ch-ch-changes… NOT

After the delay of the Budget to 26 November and all the leaks, there was an expectation of significant change. However, it appears to be...

Latest news

Nearly half of lenders admit servicing teams are unprepared for rising borrower pressures

Lenders’ own servicing teams are not ready to support borrowers as economic conditions worsen,...

Just Mortgages appoints Joe Cavalier to lead estate agency division

Just Mortgages has expanded its estate agency division with the appointment of Joe Cavalier...

Majority of brokers critical of “turbulent” run-up to 2025 Budget, lender claims

The run-up to the 2025 Budget was described as “chaos” by most brokers surveyed...

Later life borrowing rises as older buyers turn to mortgages in greater numbers

UK Finance’s latest later life mortgage lending update for Q3 2025 suggests that borrowing...

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