Commercial

Bibby Financial Services appoints global CEO

Jonathan Andrew is to join Bibby Financial Services as global CEO on 1 September. Andrew...

Lender raises £42m in funding

Selina Finance has completed a £42 million Series A fundraising round. The funding includes £12...

LendInvest unveils new structured property finance team

LendInvest has launched a new structured property finance team in order to provide a...

Secure Trust Bank achieves £5bn in invoice finance

The commercial finance arm of Secure Trust Bank has surpassed £5bn of invoices funded...

Allica Bank appoints new business relationship manager

Allica Bank has announced the internal appointment of Jonathan Prince as business relationship manager...

BFS backs first-time developer

Bridging Finance Solutions (BFS) has provided support to a fledgling developer, providing a £350,000...

Aldermore: planning proposals will benefit SME builders

Aldermore has welcomed a parliamentary report into ways to improve the planning system in the...

YBS adds limited company holiday let product

YBS Commercial Mortgages has unveiled a new limited company buy-to-let product aimed specifically at...

Allica Bank appoints asset finance BDM

Allica Bank has announced the appointment of Brandon Hall as senior business development manager...

“Vast majority” of brokers open for business

53% of property and commercial finance brokers responding to United Trust Bank’s most recent...

Majority of brokers at 100% of pre-Covid capacity

53% of property and commercial finance brokers responding to United Trust Bank’s most recent...

Reward Finance Group joins NACFB

Reward Finance Group has joined the National Association of Commercial Finance Brokers (NACFB). The NCFB...

BFS provided £40m of new corporate funding in June

Invoice financier, Bibby Financial Services (BFS), provided £40m in new funding facilities to corporate...

FIBA presents lender partner video interviews

FIBA, the specialist finance trade body, has announced the latest series of interviews with...

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