Mortgages

Afin Bank appoints chief people & operating officer

Afin Bank has appointed Nicola Tunney as its chief people & operating officer. Tunney, who...

PRS full of properties with poor EPC ratings

67% of landlords own own at least one property that does not meet the...

LiveMore lowers minimum equity on over-50s’ mortgages

LiveMore has lowered the amount of equity required for its standard interest-only mortgages by...

Dudley BS launches lower rate two-year discount residential mortgages

Dudley Building Society has introduced three two-year discount mortgage products for residential borrowers. The products...

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...

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COMMENT

We need clearer guidance on Stamp Duty advice

Just over a week ago Angela Rayner resigned following the discovery of a Stamp Duty breach on a flat she owns in Hove. She...

AI could make obsolescence obsolete and slash global e-waste

For decades, technology has been trapped in a cycle of forced obsolescence. Each year, a new iPhone or Android release quietly renders last year’s...

Discount Market Value: a local solution for a national housing challenge

The UK housing market is under constant scrutiny, especially when it comes to bolstering the supply of affordable housing. The government’s recent announcement of a...

Don’t overlook lifetime mortgages for clients with IHT worries

Lifetime mortgages have evolved significantly over the last few years. The industry has risen to the challenge, developing innovative new product features which ensure...

You can’t just turn on a tap and expect housing supply to flow

Yawn and stretch, the government have appointed a new housing Czar in place of the thoroughly discredited Angie Rayner, former Deputy Prime Minister, who...

Latest news

First-time buyers favour ‘forever homes’

First-time buyers are increasingly opting for larger homes and longer mortgage terms as they...

OPDA launches upgraded framework to cut delays in transactions

The Open Property Data Association (OPDA) has unveiled version 3.5 of its Property Data...

Majority of landlords plan to hold their ground, Landbay survey shows

Buy-to-let landlords are demonstrating renewed confidence in the private rented sector, with a majority...

One third of people relying on inheritance to secure retirement income

Nearly one in three people believe they will need an inheritance to help fund...