Loans

Loan ad banned following MoneySavingExpert complaint

The Advertising Standards Authority (ASA) has banned a leaflet from payday lender Speedy Cash. The...

Masthaven targets non-credit score clients

Masthaven Secured Loans (MSL) has revamped its product and pricing with an emphasis on...

Simon Burgess to offer loans with free IP

In response to calls from the Archbishop of Canterbury, Justin Welby, for those within...

miLoan celebrates completion milestone

Y3S has reported that it has completed 500 loans via its sourcing system miloanbroker.com....

Scots admit to concealing borrowing

One in 10 adults in Scotland admit they have debts or owe money that...

Borro strengthens BDM team

Borro, the personal asset lender, has boosted its intermediary development team with the addition...

Vertex in key business development hire

Vertex Financial Services has appointed Steve Stone as business development director as it looks...

Brokers disillusioned with remortgages post-MMR

Second charge distributor Smart Money has reported a growing number of mortgage brokers who...

Funding Circle expands business development team

Funding Circle reached a major milestone in the first quarter of this year, with...

FCA regulation sees drop in secured lending

April saw a month-on-month fall in secured lending, but it was still up by...

New P2P lender concentrates on buy-to-let

A new peer-to-peer lender has launched. Landbay's minimum investment is just £100 and it is...

FCA highlights poor consumer credit advertising standards

Credit firms need to do more to ensure their adverts and promotions do not...

iState Systems powers P2P property lending auction

Peer-to-peer exchange Relendex has claimed a world record for real estate debt in a...

Loan texts deemed “irresponsible”

Payday lender Nouveau Finance Ltd has been told by the Advertising Standards Authority (ASA)...

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COMMENT

Reflecting the modern realities of retirement

There’s a quiet revolution happening in the world of mortgage lending, driven by the growing recognition that older borrowers no longer fit neatly into...

Energy efficiency is now a mainstream concern for landlords

The energy efficiency of rental property has moved from being a regulatory side note to a central concern in the buy-to-let market. What started as...

Property transactions are slower than ever – why?

While much of the financial services sector is becoming faster and more automated, the property industry appears to be falling behind. According to a story...

Beyond the payslip: the importance of rethinking borrower profiles

In our market, the term ‘non-standard borrower is often used to describe applicants whose financial profiles don’t conform to traditional expectations - freelancers, the...

Non dom changes create £401 million stamp duty black hole

It’s exactly nine years since 52% of the country voted to leave the EU. The decision was driven by a range of factors including...

Latest news

Virgin Money cuts purchase, remortgage, BTL and PT rates

Virgin Money is set to cut selected fixed mortgage rates, with reductions across purchase,...

Newcastle for Intermediaries cuts shared ownership rates

Newcastle for Intermediaries has announced rate reductions across its shared ownership mortgage range to...

Retirement affordability fears grow as pension confusion deepens

A growing number of working adults believe they will never be able to afford...

Broker frustrations with transaction delays deepening

Mortgage brokers remain exasperated by protracted transaction times and a lack of transparency in...