LATEST COVID-19 CORONAVIRUS NEWS

Possible return to annual growth in Q4 for purchase lending

UK Finance's Household Finance Review for the third quarter has revealed that house purchase lending...

Lenders’ caution behind rise in higher LTV costs

Mortgage Brain has revealed a substantial rise in the cost of borrowing for low-deposit...

Bridging completions rebound in third quarter

Data from the Association of Short-Term Lenders (ASTL) has shown that bridging applications reached...

BoE: highest number of mortgage approvals since September 2007

The Bank of England has reported that households borrowed an additional £4.3 billion secured...

Significant drop in rate of applications to completions

There was a fall in completions over the last quarter, with only 22% of...

Estate agents see record October demand

In October, the average number of prospective buyers registered per estate agent branch reached...

Nationwide to expand 90% LTV beyond first-time buyers

From the second week of December, the Nationwide Building Society will be making 90%...

Surveyor sees no signs of slowdown

SDL Surveying has reported that, despite increased lockdown measures, the level of business volume activity...

Bluestone restarts 85% LTV lending

Bluestone Mortgages has resumed pre-Covid maximum loan to value (LTV) lending on all products...

Fiduciam funds £1.18m Cornish hotel with CBILS loan

Fiduciam has completed a £1.18 million loan to finance the Hustyns Hotel and Spa...

Owl Financial reaps rewards from online face-to-face advice

Owl Financial, Openwork’s specialist protection advice business, has arranged over 47,000 policies since the...

Use bridging to meet stamp duty deadline

Specialist distributor Clever Lending is calling on brokers to think about regulated bridging loans...

Accord back to offering 90% LTV mortgages more consistently

Tomorrow (18 November) Accord Mortgages will reintroduce a selection of 90% LTV products into...

FCA confirms Covid support for mortgage borrowers

The Financial Conduct Authority (FCA) has confirmed updated guidance to firms setting out "enhanced...

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Helping university students onto the property ladder

As we head towards the Easter break, thousands of first-year university students up and down the country will be preparing for exams and making...

Lenders must step up on high LTV products

Things are on the up for borrowers with a smaller deposit. The financial information website Moneyfacts publishes a regular update on mortgage product numbers,...

Why it matters that bridging hit more than £10bn last year

We see many numbers bandied around in the financial industry, which can sometimes have a numbing effect. So why should we all, especially brokers, care...

Top five reasons why renters should consider short-term protection insurance

In an unpredictable world, financial security can often feel like a luxury, especially for renters who may already juggle living expenses, rent payments, and...

Credit search vs credit scoring

The terms credit score and credit check are often used interchangeably by consumers, many of whom assume they mean the same thing. Yet understanding...

Latest news

Advice Guru partners with Pure Retirement to support broker education

Financial adviser learning platform Advice Guru has announced a new sponsorship partnership with Pure...

Nationwide ups LTV limits for interest-only and foreign national borrowers

Nationwide has announced changes to its mortgage lending criteria, increasing the maximum loan-to-value (LTV)...

Lloyds expects swell in completions ahead of stamp duty deadline

Lloyds Banking Group anticipates a 50% growth in property completions this month as buyers...

Satchell the latest to leave HTB bridging division

Lorenzo Satchell has become the latest senior member of the bridging team at Hampshire...