Commercial

Slice of luck as cheese firm secures £1.5m CLBILS loan

Secure Trust Bank Commercial Finance has provided Bradburys Cheese with a £1.5m loan from...

Reward Finance Group appoints BDM

Reward Finance Group has appointed Simon Micklethwaite as business development director (BDM) for Yorkshire...

Investec funds £16.6m car park-to-office development

Investec’s structured property finance team has agreed to provide a joint venture between Angelo...

Shawbrook’s latest results show Covid impact

Shawbrook Bank's pre-tax profit for the fist six- months of 2020 totalled £5.9 million,...

Brokers vital to SME recovery

Finance brokers will play a key role to play in helping small and medium-sized...

Asset finance market down 41% in June

Latest figures from the Finance & Leasing Association (FLA) show that total asset finance...

Aldermore makes asset finance sales hire

Aldermore has appointed Rania Pugh as its new head of sales support for asset...

New identity for Promise Solutions

Promise Solutions has rebranded the business as Promise Money. The packager and master broker is...

Shawbrook returns to partial pre-Covid criteria

Shawbrook’s property division has confirmed that it has returned to some of its pre-pandemic...

Funding 365 unveils development finance product

Bridging lender Funding 365 has moved into development finance with the launch of its...

Covid-19: specialist brokers remain optimistic

Shawbrook’s most recent Broker Barometer has revealed that as the UK emerges from the...

CSF appoints group sales and marketing director

Jason Berry has been appointed group sales and marketing director at Crystal Specialist Finance...

Bridging lender moves into 75% LTV space

Market Financial Solutions (MFS) has launched new rates for its bridging loans, now offering...

Two new hires for UTB

United Trust Bank (UTB) has appointed a new director and manager in its development...

COMMENT

Stop tinkering: Why mortgage tech needs a proper overhaul

Let’s be honest. If you work in the UK mortgage market right now, you know we’re all running pretty fast just to stand still. Between...

This is a different mortgage market and borrowers are reacting to it

It is important to be clear about what has changed in the mortgage market over the last month or so, because the latest data-specific...

The rise of larger deposits

The first-time buyer profile is changing. Increasingly, buyers are entering the market with larger deposits than at any point in recent years as many...

Is life insurance too confusing to buy?

While there are peaks and troughs depending on where we look, the UK life insurance market is typically quite flat, including mortgage-related protection. Recent data...

Why the government’s housing ambitions won’t fix the affordability crisis

With the bidding open for the government’s £39bn Social and Affordable Homes Programme - the main pillar of its long-term housing strategy - homebuying...

Latest news

First-time buyers turning to side hustles to bridge deposit gap

Almost half of aspiring first-time buyers are using secondary income streams to help fund...

Vida cuts residential rates and loosens criteria for self-employed and contractor borrowers

Vida has reduced selected residential mortgage rates by up to 106 basis points and...

Iress adds AI underwriting tool to The Exchange in protection push

Iress has struck a deal with The Interesting Life Company to offer an AI-powered...

Property firms still relying on manual checks as AI fraud risk grows

More than half of identity verification checks in UK finance and property businesses are...

PROFILES