Loans

64% of UK consumers borrow

4.3% of adults claim they cannot get by without some form of credit, according...

Prestige introduces 5.6% plan

Prestige Finance has launched a sub-6% plan in response to broker feedback. The new plan,...

New valuable asset lender comes to market

A new alternative lender has launched today, offering individual loans of between £60,000 and...

Tough Mudder challenge for Masthaven boss

Andrew Bloom, managing director of Masthaven Group Ltd, the bridging and second charge lenders,...

Rebrand for Smart Money Loans

Smart Money Loans has rebranded as Smart Money with a new logo and sales...

MSL secures funding line from RBS

Masthaven Secured Loans (MSL) has reported the establishment of its first bank funding line,...

More people applying for credit than last year

39% of adults in the UK applied for at least one form of credit...

Citizens Advice: payday loans lead to “long term nightmare”

One in four people coming to Citizens Advice have a debt problem, the charity...

Report calls for anti-payday loan levy

A one-off levy of £450m on Britain’s £180bn consumer credit industry could create enough...

New hire for Norton Broker Services

Norton Broker Services has recruited Andrew Bonner to join Neil Organ and Lee Schofield...

Strong rise in secured lending

Loans Warehouse's latest secured loans index has reported a month-on-month increase of nearly 19%...

Shawbrook hires STL manager

Shawbrook Bank’s commercial mortgages division has recruited Andy Thurston to the position of short...

Nemo MD steps down

Phil Jones, managing director of Nemo Personal Finance, has stepped down after nine years. The...

Universal Cover criteria extended

British Money, the firm behind the newly-launched protection policy Universal Cover, has extended its...

COMMENT

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...

Why you need to know what sits behind the average review score

There’s a funny thing about review scores. The better they are, the less likely we are to question them. If a company is sitting at...

Latest news

Landbay adds 11 tracker products and cuts rates by up to 15bps

Landbay has expanded its buy-to-let tracker range with 11 new products and reduced rates...

Howden expands in North Wales with Wrexham office

Howden has opened its first commercial insurance office in Wrexham as the broker expands...

UK buyers reluctant to compromise despite affordability pressures

UK homebuyers remain committed to purchasing a property but are less willing than buyers...

Keystone trims buy-to-let fixed rates by up to 15bps

Keystone Property Finance has reduced pricing across a number of its buy-to-let mortgage ranges,...

PROFILES