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

We must not accept our snail’s pace home buying system

Buying a house in this country can be ridiculously slow, as a handful of recent studies have highlighted. Research from the House Buyer Bureau...

Deferment and capitalisation rates: small percentages, large consequences

The Government is currently consulting on Leasehold enfranchisement valuation rates to determine what deferment and capitalisation rates should be prescribed under the Leasehold and...

Your clients can’t tell which firm they’re dealing with

Two clients walk into your firm in the same week. One of them is a referral from a mate of yours. Complicated case, self-employed, bit...

It’s time to look at retention

As the summer winds down and the back-to-school routine kicks back in, I urge the industry to turn its attention to something just as...

Landlords are buying – and advisers should take note

There has been no shortage of commentary over recent years suggesting landlords are heading for the exit, buy-to-let apparently no longer works and the...

Latest news

Gilt turmoil puts fresh pressure on mortgage rates

Rising government borrowing costs are putting renewed upward pressure on UK mortgage rates as...

UK needs first primary surplus in 25 years, warns NIESR

The UK needs to run its first primary budget surplus in 25 years if...

Gatehouse launches fee-free refinance products

Gatehouse Bank has launched a range of limited-edition refinance products for UK residents with...

Bank of England turns to AI and real-time mortgage data

The Bank of England is using artificial intelligence and real-time financial data, including information...

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