LATEST COVID-19 CORONAVIRUS NEWS

Covid responsible for 32% of the Exeter’s IP claims

The Exeter paid over £10.1m in income protection (IP) during 2020, equating to 91% of...

Bluestone seeks to support self-employed hit by Covid

Bluestone Mortgages has updated its credit policy tor provide further support to self-employed borrowers...

SME owners optimistic about businesses reopening

25% of SME leaders feel optimistic about businesses reopening following the third lockdown and...

Covid causing over-60s to move to rural areas

A Deposit Protection Service (DPS) survey of tenants who moved during the pandemic has...

Demand still strong despite February mortgage approval fall

The Bank of England has reveal that mortgage borrowing strengthened in February with individuals...

South West most popular region for holiday lets

Figures from Hodge Bank show that sales of holiday homes near the coast have...

Pandemic property hotspots revealed

The UK’s pandemic property hotspot, according to Land Registry data analysed by Andrews Property...

No slowing down for property transaction volumes

HMRC's provisional seasonally adjusted estimate of UK residential transactions in February 2021 is 147,050. This...

‘Furlough-friendly’ mortgages top criteria searches

Legal & General has reported that mortgage brokers were sourcing furlough-friendly mortgages more than...

25-44 year olds considering income protection since Covid

8.3m (48%) of 25-44 year olds without income protection have become interested in taking...

Smart Money sees increasing Covid-related consolidation

Specialist packager and distributor, Smart Money, has reported a rise in broker enquiries for...

LV= reveals Covid-19 payouts

LV= has revealed that life insurance, critical illness and income protection claims caused by...

Covid costs compounded by SVR rollover

19% of homeowners haven't been able to remortgage their home since the Covid pandemic...

Renters at risk of eviction due to Covid rent debts

A leading debt charity has warned that when restrictions are lifted, 150,000 private renters...
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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....

How might Trump’s tariffs impact on mortgages in the UK?

With Trump’s tariff wars already sending financial markets yoyoing up and down and the likelihood that these trade wars will negatively impact both global...

Key holiday let tax changes: what brokers really need to know

The UK holiday let market has seen rapid growth in recent years, largely fuelled by the rise in staycations and favourable tax incentives. However,...

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April Mortgages launches 100% LTV mortgage

April Mortgages has launched a 100% loan-to-value product, allowing first-time buyers and movers to...
News

Virgin Money trims rates and unveils new exclusives

Virgin Money is making a series of changes to its mortgage range today (Friday...
affordability

Nationwide cuts stress rates for homebuyers and remortgagers

Nationwide is reducing its mortgage stress test rates by up to 1.25 percentage points,...
SME finance

GC Business Finance delivers £24m through Start Up Loans

GC Business Finance has channelled more than £24 million into fledgling UK businesses over...

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