LATEST COVID-19 CORONAVIRUS NEWS

FCA launches vulnerable customer guidance for firms

The Financial Conduct Authority (FCA) has published final guidance clarifying its expectations of firms...

Completions at a 10-year high

Property transactions completed in January were the highest in a decade, according to latest...

Average stamp duty saving during ‘holiday’ revealed

The stamp duty holiday is seeing homeowners in England and Wales save £11,566 on...

Q3 rebound for Help to Buy completions

The Office for National Statistics (ONS) has published Help to Buy equity loan statistics for...

Royal London paid out £13m for 2020 Covid claims

Insurer Royal London paid £13.1 million to over 2,100 customers' families for Covid-19 claims...

More adverse BTL borrowers expected

Research by Pepper Money has indicated that brokers expect to encounter more buy-to-let customers...

2020 bridging completions down 28%

Latest figures compiled by auditors from data provided by members of the Association of...

End of stamp duty holiday won’t stop portfolio expansion

Landlords still fully intend to continue purchasing rental property after the stamp duty holiday...

Credit concerns looming over renters

45% of renters surveyed for Aldermore say owning a home is a life goal...

Cost of supporting children through Covid revealed

The latest LV= Wealth and Wellbeing Monitor has found that 50% of parents with children aged...

Help to Buy legal completion date extended

The government has announced that while Help to Buy will end on 31 March...

Shawbrook ups maximum property value in AVM criteria

Shawbrook Bank has widened the criteria for its digital valuation service, to allow for...

No change from MPC amid GDP fall projection

The Bank of England’s Monetary Policy Committee (MPC) has once again voted unanimously to...

Dudley BS unveils ‘stamp duty offset’ mortgage

The Dudley Building Society has launched a mortgage aimed at purchasers who are unlikely...

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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