Mortgages

LMS: remortgage instructions up 51% in February

LMS has issued its February Remortgage Snapshot. It reported that instructions increased by 51% last month. The...

Health Shield appoints new CEO

Health Shield Friendly Society has announced the appointment of Jacqui Carr as its new...

Virgin Money increases selected fixed rates

Virgin Money has made changes to selected fixed rate mortgages. The changes came into force...

Iress, Mortgage Brain and Twenty7Tec aim to standardise terminology

Iress, Mortgage Brain and Twenty7Tec are developing a common set of terminology and language...

OSB Group sets up High Net Worth division

OSB Group is to introduce a new High Net Worth client management team lead...

MBT adds second charge equity loan provider to platform

Mortgage Broker Tools (MBT) has integrated its MBT Affordability research platform with Even, a...

BuildLoan expands large loan mortgage range

Self and custom build mortgage distributor BuildLoan has launched a new product range with...

Q&A: Maeve Ward, Central Trust/Mercantile Trust

BestAdvice fires the questions at Maeve Ward, director of commercial operations at Central Trust...

Skipton to leave SVR/MVR unchanged despite BoE rate rise

Skipton Building Society will not pass on yesterday's Bank of England Bank Rate increase...

Hodge and Accord to co-host first Power of 8 live event

Hodge is to co-host the first live Power of 8 (PO8) event for 2022...

The Nottingham moves towards soft footprints

The Nottingham has announced that people applying for mortgages will no longer have a...

Inflation expectations cause MPC to raise bank rate

The Bank of England's Monetary Policy Committee (MPC) has voted by a majority of...

Your Mortgage Decisions to certify all new mortgage leads

Your Mortgage Decisions has appointed Contact State to certify all its mortgage leads and...

Brokers reveal most problematic mortgage applications

Research by broker forum, cherryplc.co.uk, has found that mortgage applications for self-employed clients and...

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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