Mortgages

MPowered Mortgages takes 75bps off its SVR

MPowered Mortgages has reduced its SVR by 75 basis points (bps) from 7.49% to...

Mansfield BS cuts Versatility rates

Mansfield Building Society has added new Versatility products to its offering. It is launching two...

Hinckley & Rugby selects OBV to transform application process

Hinckley & Rugby Building Society has adopted OpenBanking Vision (OBV) to streamline the mortgage...

SMEs expect difficulties in securing a mortgage

72% of business owners believe self-employment makes it harder to get a mortgage according...

MPC cuts Bank Rate to 4.75%

The Bank of England's Monetary Policy Committee (MPC) has reduced the Bank Rate by...

Housing costs hit 13-month high

October saw growth in rent and mortgage spending increase to 6.4%, its highest rate...

OMS extends Sourcing Brain deal

OMS has agreed a further three-year contract extension with Sourcing Brain, Mortgage Brain’s online...

Bluestone Mortgages introduces residential affordability calculator

Bluestone Mortgages has become the latest lender to offer an online residential affordability calculator. It...

Industry legend retires after 10 years at the helm of successful specialist lender

Serial entrepreneur and industry legend Trevor Pothecary is hanging up his spurs after 10...

Loughborough BS joins Paradigm lender panel

Paradigm has announced the addition of Loughborough Building Society to its lender panel. Member firms...

New report urges use of finance mechanism to fund UK retrofitting

The Green Finance Institute (GFI) has published a major new report in partnership with...

Hinckley & Rugby BS introduces remortgage service with PEXA

Hinckley & Rugby Building Society has partnered with PEXA to speed up its remortgage...

Marsden BS ups expat residential LTVs

Marsden Building Society has increased the maximum loan to value (LTV) on a selection...

Net mortgage approvals at highest level in two years

The Bank of England has reported that net mortgage approvals for house purchases increased...

COMMENT

Portfolio landlords reshape buy-to-let market

Portfolio landlords are becoming increasingly central to the buy-to-let market as investors take a more structured approach to property ownership. The market has seen a...

Supporting complex cases in a modern mortgage market

In today’s diverse mortgage landscape, brokers are working with a growing number of clients whose circumstances fall outside traditional lending models. From self-employed professionals...

Busting the myths that stop homeowners protecting their income

In my role at LifeSearch, I spend a lot of time talking to mortgage advisers, brokers, and, increasingly, customers directly. One thing comes up time...

The 4.3 million borrowers your pipeline is probably missing

There are 4.3 million self-employed workers in the UK and nearly one in five self-employed workers plans to buy a property in the next...

Stop tinkering: Why mortgage tech needs a proper overhaul

Let’s be honest. If you work in the UK mortgage market right now, you know we’re all running pretty fast just to stand still. Between...

Latest news

Japanese knotweed ‘knocks £21.4bn off UK housing market’

Japanese knotweed is wiping an estimated £21.4 billion from UK property values, with more...

Fleet Mortgages names new managing director

Fleet Mortgages has appointed Nicola Richardson as its new managing director. Richardson (pictured) has been...

The Monmouthshire goes live with Phoebus mortgage servicing system

Monmouthshire Building Society has gone live with Phoebus to support mortgage account servicing as...

NatWest completes first PEXA remortgage in two working days

NatWest has completed its first remortgage transaction through PEXA’s digital property completion platform within...

PROFILES