Loans

Promise completes Nemo’s largest ever loan

Master broker Promise Solutions has completed a loan for £199,000 including fees, which represents...

HSBC sells secured loan portfolio

A portfolio of secured loans has been sold by HSBC-owned HFC Bank Limited and...

University bans payday loan marketing

The University of East London has banned payday loan companies from marketing their services...

miLoan registers 5,000 brokers

Y3S has reported a landmark in the history of its sourcing system miloanbroker.com following...

OFT outlines guidance on power to suspend credit licences

The Office of Fair Trading (OFT) has published guidance which sets out how and...

Borro hires senior vice president

Borro has appointed Chris Willis as senior vice president. Willis comes from Seatwave, the...

John Mawdsley joins V Loans

V Loans has appointed John Mawdsley to lead its business development and strategic partners...

Post credit crunch secured loan high for January

£30.1 million in secured loans was lent to in January, according to figures from...

New secured loan against endowment policy launched

Close Brothers has unveiled a bank loan product which lets people with endowments that...

New Premier Plus deals from Shawbrook Bank

Shawbrook Bank has launched two new additions to its Premier Plus range. The lender has...

Second charge repossessions down

Repossessions made by second-charge mortgage providers were down by 24.1% in 2012 compared with...

Borro appoints chairman

Borro has appointed Nigel Morris as chairman. Morris was a co-founder of Capital One...

New hire for Smart Money Loans

Smart Money Loans has announced the appointment of David Orr as its latests sales...

Strong end to 2012 for secured lending

There was a 6% rise in consumer credit lending last year. Latest figures, released today...

COMMENT

Removing friction from the homebuying journey

One thing I keep hearing from our advisers is how much more work each case now generates, largely because so much of it involves...

Build, baby, build? Well we will need to fund more than the usual suspects

There was a noticeable sense of optimism at UKREiiF this year. That may sound surprising given the economic headwinds of recent years, but the...

Innovation in the lifetime mortgage market riding high

Innovation in the lifetime mortgage market has created real value for customers – there’s no excuse to ignore it. When a UK borrower reaches 55,...

How small and medium-sized lenders can fix the origination headache

We are constantly told that to fix the mortgage journey, we need to rip everything out and start again. That unless a lender replaces its...

A new PM brings a new opportunity to rethink housing policy

Politics, as it seems to do in recent times, has moved at remarkable speed over the last couple of weeks. In what feels like...

Latest news

MT Finance latest firm to offer World Cup time off

As mortgage firms gear up for England’s 1am World Cup clash against Mexico on...

Broker optimism grows as sub-4% rates edge closer

A series of mortgage rate cuts from lenders this week has sparked optimism among...

Renters face higher costs amid strong demand

Two in three (63%) recent movers ended up paying more rent than planned, as...

ModaMortgages cuts rates across limited-edition BTL range

ModaMortgages has announced a reprice of its limited-edition buy-to-let range, with rate reductions across...

PROFILES