Loans

7-year anniversary for interest rates

This weekend saw the seven-year anniversary of the Bank of England setting the Bank...

MCD – a new dawn for secured loan lenders

Equifinance has just funded our first fully MCD-compliant loan. To get to this point...

“Significant” investment for Fluent Money

Fluent Money has revealed that it has received new investment from Beech Tree Private Equity...

EQUIS reports 30% increase in loans written

EQUIS has revealed that its members wrote loans worth over £1.1 billion in 2015, representing...

Shawbrook Bank to follow diversification strategy

Shawbrook Bank plc has reported a 63% increase in underlying profit by to over...

Business lender reaches £100m milestone

EZBob Ltd, which trades as business 'e-lenders' Everline and ezbob, has announced it has...

PTFS chooses secured loan & bridging sourcing system

Personal Touch Financial Services (PTFS) has selected LoanSource from Twenty7Tec as an integrated product sourcing...

Shawbrook joins trade body

Shawbrook Bank, has become the latest member of the Association of Short Term Lenders (ASTL). This takes...

OSB acquires second charge portfolio

OneSavings Bank plc (OSB) has completed the cash purchase of a portfolio of UK...

‘Debt regret’ for almost half of Brits

44% of Britons have admitted to having ‘debt regret’ for spending on their credit...

2.7m Brits using credit to fund funerals

Family and friends in the UK have spent collectively £4.8 billion on funerals for...

Precise completes MCD-compliant secured loan

Precise Mortgages has completed its first Mortgage Credit Directive (MCD) compliant second charge loan. The...

Freedom Finance joins fraud prevention service

Loan broker Freedom Finance has joined Cifas, the UK fraud prevention service. Cifas is a not-for-profit...

First Complete begins MCD training across UK

First Complete has started to carry out UK-wide training on the impact of the...
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COMMENT

Commonhold and Leasehold Reform

With great power comes great responsibility

There has been a huge amount in the press about the “feudal” system of leasehold and how the government’s revitalised commonhold will fix all...

Don’t rein me in

For many years, major financial institutions and large retailers have understood the benefits of presenting their customers with complementary products alongside their core offering. Banks...

More questions now surround the home moving digital journey

The Ministry of Housing, Communities and Local Government (MHCLG) has published its highly anticipated Home Buying and Selling Reform Roadmap, representing the most aggressive...

Stability has value: why the latest Bank Base Rate hold matters

The Bank of England's decision to maintain Bank Base Rate (BBR) at 3.75% may not have generated the excitement that often accompanies a rate...

If you motivate an idiot you just get stupid things done quicker

There's a lot of excitement about artificial intelligence in the mortgage industry right now. Nearly nine in 10 mortgage brokers want technology to play...

Latest news

Technology

OMS launches protection referral partnership with The Insurance Surgery

One Mortgage System (OMS), the CRM and loan origination platform for intermediaries and lenders,...
Appointments

Omni Protect appoints Richard Waters as head of strategic partnerships

Omni Protect, Fintel’s whole of market protection club, has announced the appointment of Richard...
ESG

Redwood Bank awarded top green accreditation

Redwood Bank has been recognised for its continued commitment to sustainability after achieving the...
News

Mortgage approvals fall to lowest level since December 2023

Mortgage approvals for house purchases fell to 56,200 in May, down from 66,000 in...

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