Loans

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)...

Secured loan service key to brokers

Masthaven Secured Loans (MSL) has undertaken a survey among its introducers to provide regular...

Smart Money in compliance hire

Smart Money, the specialist second charge distributor, has appointed Phillip Bond as compliance director....

FCA takes action against payday lender

A payday lender has left the single instalment payday loan market, where loans that...

Manchester Expo sells out

The Financial Services Expo Manchester has now sold out for its inaugural show, which...

Y3S golf day gets major lender backing

80 key introducers of second charge loan business to Y3S will attend the inaugural...

COMMENT

Commonhold reform: Devil in the detail

The government's language on leasehold reform remains forthright. Ministers speak of, “bringing the feudal leasehold system to an end,” of returning power to homeowners...

Managing cashflow and risk in today’s turbulent market

Over the past decade buy-to-let landlords have become accustomed to operating in a market where it can often feel like change is the only...

Is there such thing as a ‘typical borrower’ anymore?

What is a typical borrower? A few decades ago, it would have been a salaried employee, single source of income and, most likely, a...

Private credit has reached its next stage of maturity

Every lending market experiences moments that prompt uncomfortable questions. A high profile default, allegations of poor governance or a significant loss inevitably lead to...

Your clients aren’t being stolen… they’re being handed over

Let's be honest about something the industry won't say out loud. Lenders going direct aren't the problem. Brokers are. Every year the same conversation happens....

Latest news

Commonhold reform: Devil in the detail

The government's language on leasehold reform remains forthright. Ministers speak of, “bringing the feudal...

TMG reports record monthly MetLife submissions

TMG recorded its highest monthly submission volume with MetLife, exceeding its previous record by...

Leek raises earned income age limit to 75

Leek Building Society has introduced eight lending criteria changes covering income, contractors, later-life borrowing...

Coventry cuts residential and buy-to-let rates

Coventry for intermediaries has reduced selected residential and buy-to-let mortgage rates for new and...

PROFILES