Mortgages

BuildLoan reverts back to pre-Covid income criteria

Self and custom build specialist BuildLoan and Chorley Building Society have agreed a revised...

Borrowers outline frustrations with lenders

38% of UK homebuyers have had a property purchase fall through due to mortgage...

Just Mortgages aims for 1,500 staff

Just Mortgages has revealed plans to almost treble in size in five years. The broker...

Pepper Money now on CloudTwenty7 APPLY

Following a pilot, Twenty7Tec has announced that Pepper Money has been rolled out to...

BoE: February fall in lending and approvals

The Bank of England has revealed that there was a slight fall in mortgage...

Leeds BS enhances online application platform

Leeds Building Society has made changes to Mortgage Hub, its online application platform. The Society...

Mortgage Advice Bureau to acquire Fluent Money Group

Mortgage Advice Bureau is to acquire approximately 75% of Project Finland Topco (Fluent Money...

Foundation promotes pair to director level

Foundation Home Loans has announced the promotions of Grant Hendry and Mark Whitear. Hendry becomes...

Knowledge Bank adds Proportunity criteria to platform

Shared equity loan provider, Proportunity, has joined forces with Knowledge Bank to make its...

Clydesdale Bank increases fixed rates

Clydesdale Bank has announced changes to its product range. Rates have been increased on a...

Right partnerships can help home improvers secure funds quickly

This year looks like being a strong one for remortgages. We knew already that...

Virgin Money increases rates and removes trackers

Virgin Money has increased a number of fixed rates and withdrawn a tracker range. The...

Smartr365 completes new investment round

End-to-end mortgage platform, Smartr365, has secured further funding from investors, alongside a pre-money valuation...

Stonebridge reports completion volume rise of 33%

Mortgage and insurance network, Stonebridge, has reported mortgage application and completion growth through 2021...

COMMENT

If AI gives us more time to think, we must learn how to think well

The great promise of AI in financial services is usually expressed in terms of what it can remove. Less administration, less duplication, fewer manual...

The right scrutiny is a precursor of growing lending safely

Credit markets have always had to accommodate change, but there are periods when the assumptions on which they have been built begin to move...

Only one in five of your clients thinks your fee was justified

You know the moment. 40 minutes in. Gone well. They like you, you like them, everyone's getting on. Then you have to say the fee. And...

I’m 49. My dad’s 73. Between us we’ve found the hole in later life lending

I turn 50 in December, and the marketing has already started. Funeral plans, over-50s life cover, “guaranteed acceptance” adverts wedged between the football highlights....

Buying scale was phase one. What happens next?

Mortgage distribution is in a race for scale. Capital wants market share. Consolidators want distribution. Networks want advisers. Good businesses are commanding serious valuations. If I...

Latest news

Mortgage brokers have little to fear from AI, says Mortgageforce boss

Mortgage brokers should embrace artificial intelligence rather than fear it will ultimately replace them,...

Waiting for completion causes greater anxiety than saving for a deposit

Delays towards the end of the homebuying process are a greater source of anxiety...

Leasehold delays put Christmas property completions under pressure

Homebuyers hoping to complete before Christmas face increasingly tight deadlines, with leasehold transactions and...

Conveyancing firms warned over risks of uncoordinated AI adoption

Conveyancing firms risk undermining the benefits of artificial intelligence unless they address weaknesses in...

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