LATEST COVID-19 CORONAVIRUS NEWS

Promise Money cuts second charge packaging fees

Promise Money has reduced its second charge packaging rates in move designed to help...

Accord restarts lending to first-time landlords

Accord Buy To Let is now accepting applications from first-time landlords up to a...

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...

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...

Second charge recovery remains slow

The Finance & Leasing Association (FLA) has reported that second charge mortgage new business...

Asset finance market down 41% in June

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

MPC maintains Bank Rate and issues unemployment warning

The Bank of England's Monetary Policy Committee (MPC) has voted to hold the Bank...

Mortgage Brain: product numbers remain a concern

Mortgage Brain saw more ESIS generated through its sourcing systems in July than any...

Lockdown and stamp duty move making homeowners think about change

80% of homeowners who have thought about moving home since lockdown began, say they...

UTB Mortgages launches WebChat

United Trust Bank (UTB) made another set of mortgage product, criteria and technology enhancements...

Overseas property buyers tempted by stamp duty changes

There has been a notable increase in mortgage searches by advisers around ‘visas’ and...

Covid-19: rise in financial gifting sentiment

More people wanting to help younger family members financially following the coronavirus crisis. The survey...

Mortgage broker protection sales worst hit by Covid

iPipeline has published statistics for new protection business processed through its platforms in Q2...

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COMMENT

Rate cut momentum is welcome, but presents challenges for advisers

In recent weeks, we have seen a welcome shift in momentum across the mortgage market. A broad range of lenders have reduced pricing across...

Why now is the perfect time for expats to consider UK holiday lets

If you’re anything like me, Easter, the recent swathe of bank holiday weekends, and a sustained period of sunshine have certainly got me thinking...

Brokers face rise in complex cases as bridging demand evolves

As reported recently in trade news, the bridging finance landscape is changing, and brokers are increasingly faced with more complex client scenarios. Greenfield Bridging...

18 months of Inspired Lending: how we’ve grown alongside the bridging market

In December 2023, we completed our very first bridging loan. On the surface, it was a straightforward deal. But for us, it marked something...

Threadbare safety nets and the reassurance of life insurance for mortgagors

For first-time buyers who have managed to save enough for a deposit, there’s a lot to think about when searching for the perfect home....

Latest news

Zenzic Development Finance triples loan capacity with £45m facility

Zenzic Development Finance has secured a three-year funding line of up to £45 million...

The Suffolk trims residential and expat 2-year fixed rates

Suffolk Building Society has announced rate reductions across its two-year fixed residential and expat...

SDKA strengthens underwriting team with new hire

Bridging lender SDKA has appointed Chris Simpson as underwriter. Simpson will work across a broad...

Ward Hadaway joins bridging lenders’ trade body

Ward Hadaway has become the latest organisation to join the Bridging & Development Lenders...
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