Economy

‘Complex is the new vanilla’: Affordability reshapes market

Mortgage cases with one or two complications are becoming the new “vanilla” as affordability...

We need to wait to get a clearer picture

It's been a week where the political and economic backdrop has moved almost as...

Bank Rate held at 3.75% as energy shock raises prospect of future increase

The Bank of England has kept Bank Rate at 3.75%, but warned that persistent...

FLA calls for FCA regulation of litigation funders

The Finance & Leasing Association has called for commercial litigation funders to be brought...

Two-thirds of older borrowers assume lenders impose age limits

Almost two-thirds of brokers believe older borrowers still assume all mortgage lenders impose age...

Cotality strengthens lending team after two major lender deals

Cotality UK has promoted Ash Lloyd (main picture, inset) to client delivery director as...

Legacy systems risk holding back group protection market

Legacy technology is making it harder for group protection providers to develop products and...

Saffron targets faster mortgage decisions with FintechOS platform

Saffron Building Society has partnered with FintechOS to overhaul its mortgage origination process as...

Prime London prices fall 7% as buyers hold back

Prime London house prices fell by 7% year-on-year in August as uncertainty over borrowing...

UK rate hike risk grows after Fed raises rates

The prospect of UK interest rates rising again is moving back onto the agenda...

L&G Mortgage Club adds estate agency referral service

L&G Mortgage Club has partnered with GOTO Estate Agency to launch a referral service...

Family BS relaunches fixed rates with 0.60% increase

Family Building Society has reintroduced its fixed-rate mortgage range with rates increased by 0.60...

Mortgage rates face further pressure as inflation rises to 3.1%

Mortgage rates could face further upward pressure after UK inflation climbed back above 3%...

OneDome takes integrated homebuying service nationwide

OneDome has launched a national television campaign promoting its integrated homebuying service, which brings...

COMMENT

We need to wait to get a clearer picture

It's been a week where the political and economic backdrop has moved almost as fast as rates themselves, and it's worth taking stock of...

Leasehold valuation reform: the consultation is asking only half the question

The Government's consultation on leasehold enfranchisement valuation rates is important because it will help determine what leaseholders pay to extend leases or buy freeholds,...

What commonhold will mean for mortgage lenders and brokers

Commonhold is often presented as the straightforward alternative to leasehold. It removes the freeholder, gives flat owners greater control and avoids some familiar problems...

Why you need to know what sits behind the average review score

There’s a funny thing about review scores. The better they are, the less likely we are to question them. If a company is sitting at...

The new Chancellor wants to remove barriers to growth; he should start with housing

There was probably a degree of unintended irony in the Treasury choosing to call the Chancellor, John Healey’s, first major market ‘intervention’ his ‘Growth...

Latest news

FCA joins industry partners to tackle protection insurance gap

The Financial Conduct Authority is working with industry, government and consumer groups in an...

Family Building Society appoints Laura Hamp as chief financial officer

Family Building Society has appointed Laura Hamp as chief financial officer and a member...

Buy-to-let market reaches £311.6bn as sector marks 30 years

The UK buy-to-let market has grown to almost two million outstanding mortgages worth £311.6bn,...

Conveyancing Association names Nick Chadbourne as new chair

The Conveyancing Association has appointed former LMS chief executive Nick Chadbourne as its new...

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