Loans

Loans Warehouse sees fall in 85% LTV second charge lending

Loans Warehouse has stated that second charge lending totalled £166.5 million in August 2022,...

Regulated firms ‘wasting time’ on manual identity checks

Regulated firms using manual methods of verification to onboard new individual customers are wasting...

Norton Home Loans partners with Connect for Intermediaries

Norton Home Loans has partnered with Connect for Intermediaries, providing members of the network...

Second charges – first choice for debt consolidation?

According to The Money Charity, as of June 2022 average credit card debt in...

West One Loans makes second charge team appointments

West One Loans has bolstered its second charge team with a series of new...

Brits have lack of confidence in financial management

80% of respondents to a survey from specialist lender Hodge aren’t confident in managing...

7.7m homeowners face unsecured loan cost increases

Homeowners are likely to spend an additional £1.6bn in interest payments on unsecured loans...

Evolution Money completes inaugural securitisation

Second charge lending firm, Evolution Money, has announced the successful completion of the Group’s...

29% year-on-year rise in second charge completions

The Finance & Leasing Association (FLA) has reported continued growth in the second charge...

BoE sets interest rates at highest level for 13 years

The Bank of England’s Monetary Policy Committee (MPC) has voted by XXXXX to increase...

Norton Home Loans appoints head of sales

Norton Home Loans has promoted David Binney to the position of head of sales. ...

Second charges: source criteria to make informed decisions

We know from our conversations with mortgage brokers that the cost of living situation...

Evolution Money employs Nivo for app

Second charge lender Evolution Money has partnered with Nivo to launch a new digital...

Freedom Finance adopts OMS for back-office processing support

Freedom Finance has selected One Mortgage System (OMS), the single-input enquiry-to-completion processing platform for...

Latest POLL

COMMENT

Lenders must step up on high LTV products

Things are on the up for borrowers with a smaller deposit. The financial information website Moneyfacts publishes a regular update on mortgage product numbers,...

Why it matters that bridging hit more than £10bn last year

We see many numbers bandied around in the financial industry, which can sometimes have a numbing effect. So why should we all, especially brokers, care...

Top five reasons why renters should consider short-term protection insurance

In an unpredictable world, financial security can often feel like a luxury, especially for renters who may already juggle living expenses, rent payments, and...

Credit search vs credit scoring

The terms credit score and credit check are often used interchangeably by consumers, many of whom assume they mean the same thing. Yet understanding...

It’s not just about work/life balance

Firstly, it was good to get feedback on last month’s blog on technology from several people, and to see a spin-off follow-up blog from...

Latest news

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...

Atom bank breaks Near Prime record

Atom bank has reported another record-breaking month for Near Prime activity. Over the course of...

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...