Loans

Continued growth for second charge market

Second charge mortgage new business volumes were up by 15% in October, the Finance...

Brightstar creates new national account manager role

Brightstar Financial has promoted Darren Perry to the new role of national account manager. He...

Majority of Xmas debts to be paid off within three months

66% of UK households expect to return to their normal financial state within three months...

UTB completes its 10,000th second charge

United Trust Bank (UTB) has completed its 10,000th second charge mortgage, a loan for £31,395 to...

United Trust Bank completes its largest second charge

United Trust Bank has completed a £352,000 second charge mortgage, it largest ever. The loan,...

Spring Finance makes major changes to second charge offering

Second charge lender Spring Finance has made changes to its product offering as well...

Volumes and profits up at Paragon Group

Paragon Group has reported a rise in pre-tax profit of 5.0% to £164.4 million. 2019...

Simon Carr rejoins Promise Solutions

Simon Carr, formerly a director at the specialist lending packager and broker, Promise Solutions,...

Brightstar keeps Best Companies accreditation

Brightstar Financial has retained its 3 Star Best Companies accreditation for workplace engagement. The accreditation...

1st Stop Group’s loan book passes £250m mark

Specialist consumer lender 1st Stop Group Limited has passed £250 million of outstanding loans. 1st...

30% drop in second charge repossessions

Latest figures from the Finance & Leasing Association (FLA) show that the number of...

Decade-high for second charge mortgage market

The latest new business figures for the second charge mortgage market from the Finance...

Illegal loan scheme victims urged to come forward

The Financial Conduct Authority (FCA) has called on customers who took out a loan...

FLA appoints new director general

Stephen Haddrill has been appointed as the new director general of the Finance &...

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