Loans

Profits up at Shawbrook

Shawbrook Bank has reported an increase in underlying profit before taxation in the first...

Young people struggling with debt

A debt advisory firm has wanted that young adults are most likely to struggle...

Payday lender to pay £20 million in redress

The Financial Conduct Authority (FCA) has announced that Ariste Holding, trading as Cash Genie,...

RBS provides Masthaven with increased funding line

Masthaven Secured Loans (MSL) has signed an agreement with Royal Bank of Scotland (RBS),...

SMEs shun overdrafts for alternative finance

More small businesses in need of funding sought alternative finance rather than a bank...

FCA rings the changes on complaints handling

New rules on complaints and call charges have been published by the Financial Conduct...

Chaseblue outlines growth plans

Secured loan packager Chaseblue Loans has embarked on a recruitment drive, growing its broker manager and...

Crystal Specialist Finance reports record quarter

Crystal Specialist Finance has hailed its rebrand earlier in the year as a success. It...

Clever Lending moves into bridging and commercial finance

Secured loans master broker Clever Lending has appointed Steve Sanderson to expand into commercial...

TFC appoints chief technical officer

TFC Homeloans has appointed Dan Brown as its chief technical officer. Brown will have full...

MPC unanimous over Bank Rate hold

The minutes of the Bank of England's recent Monetary Policy Committee meeting show that...

Citizens Advice sees fall in payday loan problems

Latest figures reveal a steady decline in payday loan problems reported to Citizens Advice. The...

360 Sourcing breaks £100m barrier

Specialist packager Positive Lending has revealed that its secured loan sourcing platform 360 Sourcing...

Minority stake taken in Brightstar

Private investment vehicle Omni Equity Partners has bought a minority stake in distributor Brightstar. Omni Equity...

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,...

PROFILES