Loans

June sees large rise in secured lending

There was an 11% rise in consumer finance new business in June, compared with...

Single MPC dissenter over July rate hold

At its meeting ending on 5 August 2015, the Bank of England's Monetary Policy...

MPC maintains Bank Rate at 0.5%

The Bank of England’s Monetary Policy Committee (MPC) has voted to keep the Bank...

Majority of people meeting debt repayments

People surveyed for the second Lloyds Bank Lending Report continue to feel upbeat when...

Promise expands packaging department

Master broker Promise Solutions has appointed a new mortgage packaging manager. Helen Aston joins...

Lowest loan rates ever from Clydesdale and Yorkshire Banks

Clydesdale and Yorkshire Banks have launched their lowest ever personal loan rates. New and existing customers...

TFC opens London office

TFC Homeloans has opened a central London office and appointed Gary Barton as its...

RBS expects further action from regulators

Royal Bank of Scotland (RBS) has admitted that it continues to be party to...

Lloyds disposes of commercial loan portfolio

Lloyds Banking Group has agreed the sale of a portfolio of Irish commercial loans...

BoE: larger than average increase in lending last month

The Bank of England's latest Money and Credit Report has stated that total lending...

Secured loans proving popular for debt consolidation

Clever Lending has revealed that 61% of its secured loan cases being used for...

Profits up 11% at Paragon

The Paragon Group of Companies has reported that its operating profits totalled £98 million...

Precise unveils BTL second charge range

Precise Mortgages has launched a range of buy-to-let second charge loan products, aimed at...

Demand for ability to borrow in retirement

29% of over-55s expect to be in debt in retirement or are unsure whether...

COMMENT

Buy-to-let at 30: the mortgage that changed Britain’s housing market

John Heron helped create buy-to-let when landlords had almost nowhere to turn for finance. Thirty years later, he and Paragon Bank's Louisa Sedgwick reflect...

Harpenden’s expat move could be bigger than the numbers suggest

Harpenden Building Society’s move into expat mortgages this summer has been good news for brokers and borrowers. But I think its importance goes beyond...

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...

Latest news

Skipton cuts fixed rates and widens home mover range

Skipton Building Society is reducing rates across its fixed mortgage range by an average...

Quantum Mortgages promotes Mihramane and Ajaib

Quantum Mortgages has made two internal promotions across its sales and completions teams as...

Complex incomes hindering aspiring Scottish buyers

More than half of Scottish adults with complex incomes who do not own a...

MAB adds three senior hires across marketing, finance and technology

Mortgage Advice Bureau has strengthened its executive team with three senior appointments spanning marketing,...

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