Loans

40% fall in second charge repossessions

The number of second-charge mortgage repossessions in the second quarter of 2016 was 40, down...

CCJs at highest level for a decade

Second charge mortgage lender Equifinance says the continuing rise in the number of county...

18% say they have a ‘debt problem’

Latest figures released by Debt Advisory Centre suggest that nine million UK adults think that they have...

Freedom Finance merges second charge operations

Freedom Finance has merged its second charge department and Sensible Home Loans. The merger...

Flat month for second charges

June saw growth of 4% in consumer finance new business, compared with the same...

Seconds’ charges “still too high”

Complete FS, the South Coast based specialist lending packager, has stated that reductions in fees...

Secured loan distributor appoints FD

Fluent Money has recruited Mark Kilgannon as its new finance director. Kilgannon joins the second charge...

John Malone ends Positive chairmanship

John Malone has completed his stint as non-executive chairman of Positive Lending. He spent a year as...

Master broker pays out under new fee model

The Loans Engine has just paid out its first loan under its new £295 application...

Lending and profits up at the Principality

The Principality Building Society has posted a small increase in profits for the first...

Five new faces for TFC Homeloans

TFC Homeloans has increased its headcount by five. The new recruits will work across...

Master broker appoints new finance director

Vantage Finance has announced the appointment of James Hussey as its new finance director. Hussey (pictured) is...

Promise sees significant rise in conversion rates

Promise Solutions has reported a large improvement in its second charge conversion rates since the introduction...

FCA seeks PPI complaint deadline

The Financial Conduct Authority (FCA) believes the package of proposals on payment protection insurance (PPI)...

COMMENT

Buy-to-let at 30: the mortgage that changed Britain’s housing market

John Heron helped create buy-to-let when landlords had almost nowhere to turn for finance. Thirty years later, he and Paragon Bank's Louisa Sedgwick reflect...

Harpenden’s expat move could be bigger than the numbers suggest

Harpenden Building Society’s move into expat mortgages this summer has been good news for brokers and borrowers. But I think its importance goes beyond...

We need to wait to get a clearer picture

It's been a week where the political and economic backdrop has moved almost as fast as rates themselves, and it's worth taking stock of...

Leasehold valuation reform: the consultation is asking only half the question

The Government's consultation on leasehold enfranchisement valuation rates is important because it will help determine what leaseholders pay to extend leases or buy freeholds,...

What commonhold will mean for mortgage lenders and brokers

Commonhold is often presented as the straightforward alternative to leasehold. It removes the freeholder, gives flat owners greater control and avoids some familiar problems...

Latest news

Network recruitment called. The 1970s want their strategy back

I spend a lot of my time looking at growth. What does it cost?...

MIMHC makes final call as charity lunch nears capacity

The Mortgage Industry Mental Health Charter (MIMHC) has made a final call for industry...

Virgin Money to move eligible product transfers to Nationwide from October

Virgin Money is changing its residential product transfer process, with some customers whose deals...

Skipton cuts fixed rates and widens home mover range

Skipton Building Society is reducing rates across its fixed mortgage range by an average...

PROFILES