Loans

31% rise in second charge volumes

The Finance & Leasing Association (FLA) has reputed that second charge mortgage volumes increased...

Selina Finance joins FIBA lender panel

Commercial finance trade body FIBA has announced the appointment of specialist lender Selina Finance...

Clever Lending boosts field-based team

Clever Lending has appointed two additional field-based sales managers. Stacey Woods and Tanya Legge have...

Home improvement borrowing highest in the South East

Lending data from Shawbrook’s Personal Loans division has indicated that demand for home improvement...

Shawbrook restructures property division following Eastgate’s arrival

John Eastgate has joined Shawbrook Bank as managing director of its newly created property...

United Trust Bank to support Refuge

Staff at United Trust Bank have chosen national charity Refuge to be the Bank’s...

The Buy to Let Business becomes Dynamo

The Buy to Let Business has rebranded as Dynamo. Ying Tan, founder and chief executive,...

FLA’s seconds data possibly too conservative: Fluent Money

Fluent Money Group believes that while the FLA’s latest second charge lending figures showing...

Homeowners prioritise home improvements over debt repayment

Home improvements rank in the top five long-term financial objectives for homeowners with 63%...

Prestige Finance creates direct submission relationship with PMS

Second charge mortgage provider Prestige Finance has agreed a new partnership with PMS Mortgage...

Optimum Credit joins TFC Homeloans’ panel

TFC Homeloans has added Optimum Credit to its panel. Optimum Credit is second charge lender,...

PMS expands second charge offering

PMS Mortgage Club has added Central Trust to its specialist lending panel. The move provides...

MPC keeps Bank Rate at 0.75%

The Bank of England’s Monetary Policy Committee (MPC) has voted to hold interest rates...

“Irresponsible” emergency Brexit loan ad banned

A high-cost short term credit loan advert, which used uncertainty around Brexit to encourage...

COMMENT

Mortgage maturity: A golden opportunity for advisers

Around 1.8 million fixed-rate mortgage deals are due to come to an end in 2026, adding to the 1.6 million mortgages that already matured...

Rates are moving and regulation is evolving

Many lenders are having to increase their rates, and that trend looks set to continue over the coming week. For clients whose current deal...

Building tomorrow’s mortgage market: AI built on trust, governance and confidence

The government's Financial Services AI Adoption Plan, led by Harriet Rees, group chief information officer at Starling Bank, and Dr Rohit Dhawan, group director...

The protection prompt: what AI still needs to get right

The Mills Review has prompted plenty of discussion across the mortgage industry. While much of the focus has been on the finding that a...

Why second charges are helping Right to Buy borrowers do more with their home

For many people, Right to Buy is still one of the most accessible ways to become a homeowner and over the last five years,...

Latest news

First-time buyer squeeze deepens as mortgage rates climb

First-time buyers with small deposits face mounting pressure as average mortgage rates rise and...

Mortgage costs push sales 9% lower

Higher mortgage rates have contributed to a sharper-than-usual summer housing slowdown, with sales agreed...

Access FS appoints Alan Baldwin as compliance director

Access Financial Services has appointed Alan Baldwin as director of compliance as it expands...

Mortgage-backed Swansea auction sale completes in six days

A mortgage-financed property purchase in Swansea has completed six days after the draft contract...

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