Loans

Promise Money cuts second charge packaging fees

Promise Money has reduced its second charge packaging rates in move designed to help...

UTB and Freedom Finance completes ‘industry first’ second charge

United Trust Bank (UTB) and Freedom Finance have completed their first ‘application to offer’...

Shawbrook’s latest results show Covid impact

Shawbrook Bank's pre-tax profit for the fist six- months of 2020 totalled £5.9 million,...

Second charge recovery remains slow

The Finance & Leasing Association (FLA) has reported that second charge mortgage new business...

FCA concerned over credit firms allowing repeat borrowing

The FCA has published the findings of a review into relending by firms that...

The Right Loan teams up with Air Group

Answers in Retirement Group (Air Group) has partnered with The Right Loan. Users of...

UTB Mortgages launches WebChat

United Trust Bank (UTB) made another set of mortgage product, criteria and technology enhancements...

New identity for Promise Solutions

Promise Solutions has rebranded the business as Promise Money. The packager and master broker is...

West One unveils new buy-to-let and second charge offering

West One has reintroduced buy-to-let and second charges products with new rates and criteria. West...

New brand for second charge provider

1st Stop Group is relaunching its specialist consumer lending business as Oplo. The business has...

Covid-19: specialist brokers remain optimistic

Shawbrook’s most recent Broker Barometer has revealed that as the UK emerges from the...

Bureaucratic backlogs boost e-verification adoption

Anti-money-laundering (AML) firm SmartSearch has claimed that backlogs in issuing official ID documents such as...

Nivo unveils broker-lender messenger service

Nivo has launched a new B2B digital messenger service following feedback from its recently...

Unsecured loan for later life borrowers unveiled

A new over-55s brand, Free2, has launched its first product, an unsecured loan which...

COMMENT

Cutting stamp duty will make the housing crisis worse

Every time the housing market stalls the same thing happens and people call for stimulus, this time: abolish stamp duty. The logic feels intuitive -...

The money sitting in your back pocket that you keep forgetting to pick up

Let me give you a number. Almost half of UK mortgage holders would struggle to meet their payments within six months of losing their...

Smart Data can solve the UK’s homebuying bottleneck

For many of us, buying a home remains one of the most stressful and frustrating experiences we will ever undertake. Despite advances in digital banking,...

The 1.8 million problem nobody’s talking about

There's a number that should be keeping every mortgage firm owner awake right now. 1.8 million. That's how many fixed rate mortgages are expiring...

Lenders urged to do more as purchase market slows

High street lenders - including TSB, Lloyds, Santander, and NatWest - have all been reducing rates and making changes to their product ranges over...

Latest news

Cutting stamp duty will make the housing crisis worse

Every time the housing market stalls the same thing happens and people call for...

LendInvest bolsters residential and BTL broker support with Glasgow team expansion

LendInvest has expanded its commercial support team with a particular focus on helping brokers...

Hackathons test property data sharing in homebuying push

Proptech firms have tested how property data can be shared across the home-moving process...

Foundation refreshes buy-to-let range with new products and rate cuts

Foundation has refreshed its buy-to-let mortgage range with new products and rate reductions across...

PROFILES