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...

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