Loans

LendInvest completes first block trade of loans

New peer-to-peer mortgage trading platform, LendInvest, has reported the completion of its first 'block...

Smart Money completes BTL secured loan in 96 hours

Smart Money Loans has claimed a record breaking time for completing a £20,000 buy-to-let...

Strong growth for second charge lending

There was a 5% increase in new consumer finance in May 2013, according to...

Positive Lending increases commission

Positive Lending is offering introducers increased commission during July. The Bournemouth-based specialist distributor and packager...

New secured loan lender unveiled

A new secured loan lender, Clearly Loans, has launched today. It will offer loans...

Prestige Finance improves pricing and products

Prestige Finance has announced interest rate reductions on its standard plans and reduced rates...

Major milestone reached by borro

Borro has revealed it has reached £50 million in funded loans to individuals and...

Promise expands secured panel

TFS Secured Loans has been added to the panel of master broker Promise...

Competition Commission to investigate payday lending sector

The Office of Fair Trading will today refer the payday loan industry to the...

Blemain makes key changes following broker feedback

Blemain Finance has made changes across a range of its products to lower costs...

Payday lender rapped for text messages

First Financial (UK) Ltd, trading as FirstPayDayLoanUk, has had three 'issues' upheld against it...

Omni Capital offers three-year term loan facility

Omni Capital has launched a three-year term product aimed at domestic and "globally-mobile" high...

OFT suspends a credit licence for the first time

The Office of Fair Trading (OFT) has today suspended, with immediate effect, the consumer...

Pendulum has swung in favour of secured loans, claims distributor

Secured loans are more likely to be agreed than remortgages according to secured loans...

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

Affordability blocking housing recovery

Improving confidence is encouraging buyers back into the housing market but affordability remains the...

Mortgage rate reversal wipes out July cuts

Average mortgage rates increased during July, reversing the reductions recorded a month earlier, according...

Five firms join FCA Scale-up Unit

Five fast-growing financial services firms have joined the Financial Conduct Authority’s Scale-up Unit for...

Hope Capital expands Shawbrook funding facility

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

PROFILES