Auction finance

UTB reshapes lending division as Sundeep Patel departs

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

Bridging market shows signs of consolidation

The latest quarterly data from the Bridging & Development Lenders Association (BDLA) shows a...

Growth in online auctions reshaping UK property market

The UK property auction market is being rapidly transformed by digital platforms, with record...

Funding 365 cuts rates to 0.64%

Funding 365 has today revealed rate reductions across its Residential Bridge and Light Refurbishment...

Bridging market held firm in Q2

The UK bridging finance market continued to show resilience in the second quarter of...

Catalyst Property Finance acquired by Foundation’s sister company

Specialist lender Catalyst Property Finance has been acquired by The FHL Group, the sister...

Lakeshield launches exclusive auction finance deal with Brickflow

Lakeshield, a principal lender specialising in bridging and refurbishment finance, has launched an exclusive...

Hope Capital cuts fast-track bridging rates to 0.85%

Hope Capital has reduced its rate for residential fast-track bridging loans to 0.85% per...

Bridging finance proves more resilient than buy-to-let in high-rate environment

Bridging finance has shown greater resilience than buy-to-let (BTL) mortgages amid elevated interest rates,...

Auctions are growing in popularity – but choose your lender carefully

Property auctions have traditionally been a niche part of the UK property market, accounting...

Movin Legal becomes BDLA associate member

Conveyancing panel manager Movin Legal has become the latest associate member of the Bridging...

Bridging finance market shows resilience and efficiency gains in 2024

The UK bridging finance sector demonstrated strong performance in 2024, maintaining steady lending volumes...

First-time buyers warned over auction risks amid stamp duty rush

With the stamp duty deadline fast approaching, industry figures are warning that a growing...

Redwood Bank appoints CCO

Redwood Bank has bolstered its executive team ahead of proposed reverse takeover. John Eastgate, who...

COMMENT

Housing reform needs a thriving private rental sector, not just a thriving sales and purchase market

One of the most encouraging developments over recent weeks has been the renewed focus on improving the homebuying and selling process. The Government's plans to...

The economics of developing the next generation of advisers

Over the past couple of decades, I have worked alongside literally thousands of AR and DA firms, from businesses employing one or two advisers...

Is Andy Burnham the New Messiah or just Starmer with better eyebrows?

What a damning indictment of Labour that Andy Burnham appears to be strolling towards the leadership in what looks less like a contest and...

Approvals hit a 2.5-year low: When broker value gets proven – or missed

Net mortgage approvals dropped to 56,200 in May – the lowest since December 2023 - down from 66,000 the month before. Net borrowing fell from...

Removing friction from the homebuying journey

One thing I keep hearing from our advisers is how much more work each case now generates, largely because so much of it involves...

Latest news

Financial services firms sign skills pact ahead of Chancellor’s Mansion House speech

More than 20 financial services organisations have signed a new agreement with government aimed...

Brilliant Solutions partners with Box Socials

Brilliant Solutions has partnered with Box Socials to give its members discounted access to...

Mortgage rates fall at fastest pace in almost two years

Fixed mortgage rates have recorded their biggest monthly reductions for almost two years, as...

Solo first-time buyers face almost a decade of saving before they can buy

Solo first-time buyers face saving for almost a decade before they can afford to...

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