LATEST COVID-19 CORONAVIRUS NEWS

Large rise in stamp duty transactions

The impending stamp duty holiday deadline has led to a sharp rise in transactions,...

House prices fall by 0.3%

Nationwide has reported that January saw annual house price growth slowing for the first...

Busy end to 2020 for later life lending market

The Equity Release Council has released market figures for Q4 2020. Annual lending to new...

FCA finalises mortgage repossession guidance

The Financial Conduct Authority (FCA) has finalised its guidance on repossessions for mortgages and...

CSF: telephone account managers more important than ever

Crystal Specialist Finance (CSF) has appointed Craig Kedian as telephone account manager for the...

Fiduciam provides TVR with CBILS loan

Fiduciam has provided car manufacturer TVR through a further three-year £2 million loan, under...

Accord pulls 75% and 80% deals for 10 days

Accord Mortgages is "temporarily" withdrawing its residential products at both 75% and 80% loan...

13% fall in number of first-time buyers last year

2020 saw a fall in the overall number of first-time buyers, according to Halifax. The...

AMI hits out at FSCS levy hike

The Association of Mortgage Intermediaries (AMI) has slammed the decision by the Financial Services...

Private renters reveal pandemic worries

50% of private renters are worried about their housing situation, according to a survey...

2020 house sales down 11.5% on previous year

HMRC has estimated that the total number of UK residential transactions in December 2020...

Gatehouse Bank resumes HMO lending

Gatehouse Bank has relaunched its finance products for HMO (Houses in Multiple Occupation) purchases. The shariah-compliant...

Together expands digital valuation usage

Specialist lender Together has updated its criteria to allow more automatic property valuations . It...

ONS: November house price rise of 1.2%

The Office for National Statistics has revealed that house prices in the UK increased...

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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