LATEST COVID-19 CORONAVIRUS NEWS

SVR hit for those most affected by Covid

32% of borrowers who have been negatively financially impacted by the pandemic say they...

Covid pandemic worsening retirement inequality

New research from Legal & General Retail Retirement has tracked the effects of the pandemic...

Homeworkers want mental health support from employers

87% of people working from home have or would like to have better access...

Equity Release Council: mortgage holders polarised by pandemic

Analysis of official data by the Equity Release Council has revealed that UK households...

NatWest sets up stamp duty broker support line

NatWest has created a new dedicated support line to help with stamp duty queries,...

LV= paid out £6.5m in Covid claims last year

LV= paid record individual protection claims totalling nearly £118 million during 2020. The insurer...

FCA reveals strong end to 2020 for mortgage market

The Financial Conduct Authority (FCA) has reported that the outstanding value of all residential...

Funding 365 warns of impending CBILS deadline

Funding 365 has received a further increase in its Coronavirus Business Interruption Loan Scheme...

UTB opens new broker ‘Zoom Room’

United Trust Bank (UTB) has launched a ‘Zoom Room’, a virtual meeting place for...

BUDGET 2021: Stamp duty holiday extended

The Chancellor, Rishi Sunak, has confirmed the extension of the Stamp Duty Holiday until...

Housing market remained resilient in January

The Bank of England has reported that individuals borrowed an additional £5.2 billion secured...

Think tanks warns of 770,000 at risk of repossession

The Social Market Foundation has revealed that nearly 800,000 households could be vulnerable to repossession...

Stamp Duty holiday extension rumoured

The Times has reported that Chancellor Rishi Sunak is set to extend the Stamp...

Advisers say SDLT holiday end won’t affect buy-to-let

Despite the stamp duty set to come to an end, mortgage brokers aren't expecting...

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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