LATEST COVID-19 CORONAVIRUS NEWS

FCA proposes temporary consumer credit relief

The Financial Conduct Authority (FCA) has proposed a range of targeted temporary measures designed...

Gatehouse Bank cuts FTV to 65%

Gatehouse Bank is reducing its maximum finance to value (FTV) on its buy-to-let and Home...

Aspen utilises desktop valuations to continue to lend

Aspen Bridging insists it will continue to lend through the coronavirus pandemic and is...

Oblix Capital tech partnership minimises remote working impact

Oblix Capital has teamed up with technology firm Nivo Solutions to enable the use...

Bank of Ireland sets 85% LTV cap

Bank of Ireland UK is temporarily withdrawing all new business mortgage and further advance...

Covid-19: home insurance referral service established

CETA Insurance has set up a new service to help smaller brokers, IFAs and...

Debt charity calls for long-term changes to support

A leading debt charity has warned that the Covid-19 crisis has revealed widespread financial...

Credit reference agencies to protect credit scores

The three major credit reference agencies (CRAs), Experian, Equifax and TransUnion have confirmed that...

Regulators should ensure lenders don’t profit from crisis

ME Group, which solves legal disputes using technology, has called for the government to...

Paradigm adds AVMs to Lender Matrix

Paradigm Mortgage Services has added a new section of information capturing lenders’ automatic valuation...

Foundation Home Loans suspends new applications

Foundation Home Loans has become the latest lender to temporarily suspend all new applications. It...

The Nationwide sets 75% maximum LTV

The Nationwide Building Society is today (Tuesday 31 March) temporarily withdrawing 'high' loan to...

The Skipton to reinstate residential & BTL purchases

The Skipton Building Society says it will shortly be reinstating purchase business by extending...

Accord makes widespread valuation changes

Accord Mortgages has updated its valuation policy to ensure that new applications can be...

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

House price rise puts mortgage resilience in sharper focus

Homebuyers should consider how they would meet mortgage payments if illness or injury affected...

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...

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