Loans

Second charge lender access is good for sector…

I am all in favour of more second charge lenders opening up direct access...

1st Stop Group secures major increase in lending facility

1st Stop Group has announced that one of its funders, Citibank, has agreed to...

MPC raises Bank Rate to 0.75%

The Bank of England's Monetary Policy Committee (MPC) has voted unanimously to raise the...

Sunny Loans ad banned by watchdog

A Sunny Loans ad has been found to have given misleading impression that the...

Clever Lending and Your Expert Group adopt OMS

One Mortgage System (OMS) has been selected by Clever Lending and Your Expert Group. Clever...

Loan directors banned for misleading customers

The Financial Conduct Authority (FCA) has banned four former directors and shareholders of Secure My...

DAs to access UTB products via SimplyBiz Mortgages

United Trust Bank (UTB) is now offering its range of second charge loans and...

Paula Purdy leaves Shawbrook

Paula Purdy, head of sales at Shawbrook Bank, is to leave the lender after...

SMG makes Lenderlink API available to all

All second charge mortgage packagers are now able to register for a free Lenderlink...

Brightstar unveils sponsorship programme for young people

Brightstar Financial has launched its Young Brightstars sponsorship programme. The specialist distributor has provided bursaries...

Modest growth in second charge mortgage volumes

There was £88 million of new business conducted in May, according to the Finance...

Top broker criteria search for self-employed borrowers

The monthly Criteria Activity Tracker provided by Knowledge Bank has revealed the most search...

FCA clarifies fairer treatment of regular premium PPI complaints

The Financial Conduct Authority (FCA) has issued a consultation paper on new guidance about...

TMA to offer second charge Precise Mortgages products

TMA Club is expanding its offering by adding second charge products to its range through...

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

TAB promotes Bonner to chief risk officer

Specialist lender TAB has appointed Jack Bonner as chief risk officer as it continues...

Skipton BS lowers residential rates

Skipton Building Society is reducing rates across parts of its residential mortgage range from...

AMI refreshes brand to reflect advice, mortgages and insurance focus

The Association of Mortgage Intermediaries has launched a brand refresh intended to reflect its...

IMLA guide explains why fixed mortgage rates can rise before Bank Rate moves

IMLA has published a report and five-minute guide to help advisers explain how swap...

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