Mortgages

Family Building Society expands borrowing capacity with revised affordability model

Family Building Society has increased borrowing power for owner occupier mortgages by up to...

LeadCrowd launches discounted lead marketplace for brokers

LeadCrowd has expanded its platform with the launch of a new marketplace selling discounted...

Vickers Young joins Stonebridge as firm pursues long-term expansion

Mortgage and protection firm Vickers Young has joined the Stonebridge network as it accelerates...

Mortgage demand softens as households shift to savings

Mortgage borrowing slowed in October as UK households retrenched and businesses sharply cut back...

Pivotal Group strengthens its new build ambitions with acquisition of Xact Mortgages

Pivotal Growth has acquired Solihull based Xact Mortgages, a move that will broaden the...

Halifax takes top spot for broker experience in latest lender benchmark

Halifax has been named the best mainstream lender and the top performer for overall...

Getting to Know You: Matt Coulson, Heron Financial

Name: Matt Coulson Age: 39 Location: Newcastle Firm: Heron Financial Education: High school Specialty: Tech-enabled mortgage advice, ethical...

Lloyds to cut Product Transfer fees in New Year

Lloyds Banking Group has angered some mortgage advisers after confirming it will slash procuration...

Yorkshire Building Society brings mortgage brands under one division

Yorkshire Building Society is consolidating its mortgage operations into a single Homes division in...

Shawbrook increases loan-to-income ratio to 5.5x across TML and Bluestone

Shawbrook has increased its maximum loan-to-income ratio from 4.5x to 5.5x income, extending the...

Mortgage Brain expands customer success team with two new hires

Mortgage Brain has strengthened its customer success team with the appointment of Richard Bethune-Wright...

Nearly half of lenders admit servicing teams are unprepared for rising borrower pressures

Lenders’ own servicing teams are not ready to support borrowers as economic conditions worsen,...

OBR forecasts stamp duty burden to almost double by early 2030s

Stamp duty receipts on homes bought in England and Northern Ireland are projected to...

GB Bank bolsters leadership as bridging push gathers pace

GB Bank has strengthened its senior ranks with a trio of internal promotions as...

COMMENT

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...

This is a different mortgage market and borrowers are reacting to it

It is important to be clear about what has changed in the mortgage market over the last month or so, because the latest data-specific...

The rise of larger deposits

The first-time buyer profile is changing. Increasingly, buyers are entering the market with larger deposits than at any point in recent years as many...

Is life insurance too confusing to buy?

While there are peaks and troughs depending on where we look, the UK life insurance market is typically quite flat, including mortgage-related protection. Recent data...

Why the government’s housing ambitions won’t fix the affordability crisis

With the bidding open for the government’s £39bn Social and Affordable Homes Programme - the main pillar of its long-term housing strategy - homebuying...

Latest news

The Mortgage Works cuts buy-to-let rates on selected new business deals

The Mortgage Works is cutting selected buy-to-let and let-to-buy rates by up to 0.20...

Primis promotes three in push to expand recruitment and regional broker support

Primis has promoted three senior executives as it seeks to recruit more adviser firms...

Santander cuts higher LTV rates for first-time buyers and home movers

Santander is cutting selected fixed mortgage rates across its first-time buyer, home mover and...

Virgin Money cuts fixed rates and raises selected tracker pricing

Virgin Money is reducing fixed mortgage rates across purchase, remortgage and selected buy-to-let product...

PROFILES