Loans

New credit union: fightback against payday lenders has begun

Mohsin Mehdi, CEO of My Community Bank, has welcomed the decision to impose a...

Government u-turn as it proposes payday loan cap

The coalition government has announced a cap on the cost of a payday loan. The...

P2P lender targets £20m in lending

Rebuildingsociety.com has passed the £1 million borrowing mark following a recent rise in interest...

Smart Money Loans looking to expand

Smart Money Loans (SML) is look to appoint new business development managers and underwriting...

Masthaven cuts loan rates by up to 100bps

Masthaven Secured Loans has launched a new range and reduced key rates by up...

80% of secured lenders report month-on-month lending rise

Loans Warehouse's Secured Loan Index has revealed that second charge lending has exceeded £50,000,000...

Coogan: Help to Buy will boost seconds market

Michael Coogan, the former director general of the Council of Mortgage Lenders (CML) and...

New funding for Norton Finance

Norton Finance has secured a new financing facility from Royal Bank of Scotland Corporate...

New peer to peer lender launches

Wellesley & Co has become the UK’s first peer to peer lending platform to...

Borro: alternative is now part of the mainstream

Borro has suggested that the term 'alternative lending' is no longer an accurate term. The...

Beware ‘supersize’ loans, warns provider

Amigo Loans has warned against a new breed of short-term, high-APR lenders appearing in...

Xmas incentive from Smart Money Loans

Smart Money Loans has launched a new incentive campaign for Christmas completions. The secured...

Fall in second charge mortgage possessions

The number of second charge mortgage possessions in the third quarter of 2013 was...

Scotland still treated as an afterthought

Smart Money Loans is urging lenders not to forget the intermediary community in Scotland. Smart...

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

Hope Capital expands Shawbrook funding facility

Hope Capital Property Finance has increased its committed funding facility with Shawbrook Bank to...

Pivotal linked to Beneficial Network deal

LSL Property Services is understood to have agreed a deal involving Beneficial mortgage network...

London leads rental growth as supply shortage keeps rents high

London recorded the strongest monthly increase in average rents as demand continued to outstrip...

TMG reports record monthly MetLife submissions

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

PROFILES