LATEST COVID-19 CORONAVIRUS NEWS

40% of advisers report drop in number of equity release cases

78% of advisers think more of their customers will look to equity release to...

The Mansfield backs First Homes rollout

The Mansfield Building Society has become one of only seven lenders to support the rollout...

Female borrowers adversely hit by Covid

The number of cases Bluestone Mortgages received from individual female applicants between October 2020...

44% of first-time buyers delayed home purchase because of Covid

While the Covid pandemic made homeownership a larger priority for 63% of first-time buyers,...

Quarter of employees made bad debt decisions during pandemic

24% of employees say they made a bad decision about debt during the pandemic,...

SmartCriteria sees first indications of market normalising

Legal & General’s SmartrCriteria tool recorded a -32% decrease in furlough friendly mortgage searches...

Darlington Intermediaries extends 90% LTV nationally

Darlington Intermediaries is making its 90% loan to value (LTV) mortgage available nationally. Since the...

Covid: millions of over-50s looking to relocate

Three million people in the country aged over 50 are considering relocating, as a...

Covid-19 changes first time buyer priorities

First time buyers have incurred significant costs from house purchases falling through, alongside the...

Strong recovery in new build home registrations

Latest figures show that new build home registrations were up 10% in the first...

74% of SMEs confident ‘normal’ demand to return by Xmas

The latest Covid-19 Pulse survey from business funder, Bibby Financial Services (BFS), has found...

SMEs investing to recover from Covid

Aldermore says there are signs of recovery for small and medium-sized enterprises (SMEs), as...

“Full steam ahead” for property market

The latest UK monthly property transactions data from HMRC has shown there has been...

Covid to spur borrowers to seek mortgage advice

Research from Legal & General Mortgage Club has found that 60% of borrowers whose...

COMMENT

Commonhold and RTM: do not mistake control for simplicity

Commonhold is presented as a fairer form of flat ownership. Right to Manage (RTM) is sometimes portrayed as a quick way for residents to...

No holidays: advice firms need a plan for a busy August

Every summer, the same quiet risk runs through the intermediary market. Advisers, case managers and administrators go on holiday. Specialist lending cases, which have...

Every rate shock is becoming a test of the modern mortgage business

Halifax, Barclays and HSBC increased selected mortgage rates by up to 0.20% this week, effective 21 July. Halifax removed its sub-4% deals entirely. Barclays'...

Your next client is probably more complicated than your last one

There's a shift happening in the mortgage market that most small firms aren't ready for. It's not about rates. It's not about the political...

Why post-contract variation is becoming the mortgage market’s next battleground

For much of the past decade, mortgage technology investment has focused on origination and with good reason. Faster decisions in principle, automated affordability assessments,...

Latest news

Simplify’s trust gives £22,500 to nine local charities

The Simplify Charitable Trust has donated £22,500 to nine charities working in communities across...

Landlords turn to portfolio refinancing to fund expansion

More than three-quarters of landlords are considering refinancing their existing portfolios to fund further...

LiveMore launches mortgage for homes with spray foam insulation

LiveMore has launched a mortgage designed for homeowners whose properties have become difficult to...

House price growth slows to 2.7%

Annual UK house price growth slowed to 2.7% in May, down from 3.9% in...

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