Loans

Masthaven Secured Loans improves product proposition

Masthaven Secured Loans (MSL) has cut rates and now accepts an automated valuation model...

ThinCats in underwriting deal with ESO Capital Group

Peer to peer secured business lending platform ThinCats has announced a partnership with ESO...

UK heading for negative inflation

The governor of the Bank of England has warned that inflation could turn negative...

FLA: second charge repossessions down 36% year-on-year

The number of second charge mortgage repossessions was 447 in 2014, the lowest level...

HML predicts repossession rate of 0.20% this year

HML has forecast that there will be 20,606 residential property repossessions in 2015. The forecast comes as the...

New multimillion pound funding round for Borro

Borro has raised £13 million in funding, led by OurCrowd and Rocket Internet, to...

Largest growth in ‘extra’ consumer debt for a decade

UK households took on an average of £395 of additional consumer debt in 2014,...

Strong end to the year for secured lending

Loans Warehouse has reported that secured lending totalled £635.8 million in 2014. December's lending was...

Food and travel funded by payday loans

44% of people who took out a payday loan in the last 12 months...

New BDM for 1st Stop Group

1st Stop Group has appointed a new business development manager, Laura Walters.  She joined 1st Stop...

Consumer finance grew by 9% last year

The Finance & Leasing Association (FLA) has released figures that consumer finance new business...

Pancredit hires sales manager

Pancredit has appointed Sarah Jackson as sales manager for London and the South. Jackson has...

Openwork partners with Enterprise Finance

Openwork has signed a new partnership agreement with master broker Enterprise Finance. The network has around 3,000...

Equity release customers funding home improvements

Key Retirement's 2014 Equity Release Market Monitor shows 63% of customers – compared with 58%...

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

PMS reports double-digit growth in mortgages and protection

PMS Mortgage Club says it is on course for its strongest performance in five...

Property firms urged to engage early with digital home-moving reforms

Property professionals have been urged to start testing digital home-moving processes now rather than...

DPMSG launches consumer guide to Smart Property Data

The Digital Property Market Steering Group has launched a consumer-focused video explaining how Smart...

Together joins Equity Release Council as later life market broadens

Together has become a member of the Equity Release Council as the specialist lender...

PROFILES