First-time buyers

L&G to produce factory manufactured houses

A new Legal & General Capital (LGC) business has been launched to operate in the modular...

PPI charge cuts Lloyds profits

Lloyds Banking Group has reported pre-tax profits of £1.64bn for 2015, 7% lower than...

The Yorkshire posts record operating profit

The Yorkshire Building Society has reported gross lending of £6.9bn (2014: £7.6bn) and net...

N. Ireland lending highest level since mid-2007

The Council of Mortgage Lenders has revealed that lending in Northern Ireland for house...

Continued lending growth in Wales

Latest Council of Mortgage Lenders (CML) data has shown that lending in Wales for...

8% rise in first-time buyers in Scotland

Annual home-owner house purchase lending in Scotland in 2015 totalled 64,800 loans, up 9%...

2015 fall in London house purchase lending

House purchase lending in London fell in 2015 in comparison with the previous year,...

Sesame and PMS offering 95% LTV Leeds exclusive

Sesame and PMS have launched an exclusive fixed rate product to appointed representatives (ARs)...

The Bath unveils room renting FTB proposition

The Bath Building Society has launched 'Rent a Room' mortgages. The product allows an individual...

FTBs still better off buying than renting

UK first-time buyers are on average 10% (£865) a year better off with their...

1.6m homes to be worth £1m+ by 2030

A new report from Santander Mortgages forecasts that the number of UK properties worth at least...

Precise Mortgages’ MCD upgrade is completed

DPR Consulting has completed a systems upgrade for Precise Mortgages. The update provides compliance with...

CML: gross lending to steadily increase over next 24 months

In December 2015 first-time buyers borrowed £4.5bn for home-owner house purchase, up 7% on...

Hotel of Mum and Dad staying open for longer

15% of adults are taking an extended stay at the ‘Hotel of Mum and...

Latest POLL

COMMENT

Economic uncertainty weighing on business borrowers

Taken as a whole, Atom bank’s SME Pulse for Q2 shows the current robust health of demand in the commercial market. Around 95% of the...

Could a move to ‘enhanced advice’ also mean mandatory protection conversations?

The FCA’s recent Mortgage Market Discussion Paper (DP25/2) has got the industry talking about ‘enhanced advice’ – an idea that certain customers, such as...

Take off the rose-tinted glasses and stop chasing a rate cut

Every six weeks the financial world raises its eyebrows at the prospect of a rate cut, causing celebration when the Monetary Committee duly obliges. There...

URGENT! AI Is coming for you. Or maybe not…

I’ll try to make this as straight to the point as I can. The way that your prospective customers find you via online search...

Mind the gap: Can mortgage advice change the game for protection?

Many industry insiders still talk about the UK protection gap and how vast it is. The numbers speak for themselves with the estimated value of...

Latest news

The Mortgage Works cuts switcher rates for existing landlords

The Mortgage Works has announced reductions of up to 0.25 percentage points on selected...

Homeowners stay put as remortgaging nears parity with home purchases

Britain’s homeowners are increasingly choosing to refinance rather than move, with remortgage activity now...

Co-operative Bank in sub-4% mortgage arena following rate cuts 

The Co-operative Bank for Intermediaries has reduced selected residential and buy-to-let mortgage rates, bringing...

Access FS appointment to lead recruitment strategy

Access Financial Services has appointed Rob Jarvis as business development manager, tasking him with...