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

Discount Market Value: a local solution for a national housing challenge

The UK housing market is under constant scrutiny, especially when it comes to bolstering the supply of affordable housing. The government’s recent announcement of a...

Don’t overlook lifetime mortgages for clients with IHT worries

Lifetime mortgages have evolved significantly over the last few years. The industry has risen to the challenge, developing innovative new product features which ensure...

You can’t just turn on a tap and expect housing supply to flow

Yawn and stretch, the government have appointed a new housing Czar in place of the thoroughly discredited Angie Rayner, former Deputy Prime Minister, who...

Alan Cleary: Taking the helm at Chetwood Bank

When Alan Cleary retired from the mortgage industry in 2021 he thought his days of running banks were behind him. After more than three decades...

The sourcing system effect in specialist lending

In specialist lending, the right fit for a client has never been as simple as picking the top rate from a list. In sectors like...

Latest news

Market Harborough cuts rates on larger residential loans

Market Harborough Building Society has reduced rates on its larger loan products by as...

Shawbrook promotes Apollonio to lead retail mortgage sales

Shawbrook has promoted Louise Apollonio to sales and distribution director for retail mortgages, as...

Clydesdale Bank raises fixed mortgage rates across core and specialist ranges

Clydesdale Bank is set to raise a range of fixed mortgage rates from Monday,...

Growth in online auctions reshaping UK property market

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