Mortgages

FSE: rise predicted in retention proc fees

The rising trend towards lenders paying procuration fees to mortgage advisers for retained mortgage...

FSE: ‘keep calm and carry on’ after EU vote

Advisers need to ‘keep calm and carry on’ in the aftermath of the EU...

FSE: interest-only borrowers fuelling equity release rise

Dean Mirfin of Key Retirement says there has been a significant rise in the...

FSE: AMI warns of challenges ahead

Robert Sinclair, CEO of the Association of Mortgage Intermediaries (AMI), has said that mortgage...

Lending “stagnant” in May

The Bank of England has reported that the number of loan approvals for house...

The Family BS cuts mortgage rates

The Family Building Society has cut the rates on its three and five year...

Tenet offers access to the Key

Tenet Group has extended its partnership with Mortgage Brain and is now offering its...

InterBay cuts BTL and HMO rates

InterBay Commercial has made reduction to rates on its entire range of buy-to-let and HMO products....

Together: We’ll support brokers through Brexit 

Following the uncertainty stemming from the referendum decision last week to leave the European...

AMI slams FCA over fees implementation

The Association of Mortgage Intermediaries (AMI) has criticised the Financial Conduct Authority (FCA) over...

Best May for remortgaging in eight years

Monthly gross remortgage lending totalled £5bn in May 2016, according to LMS, up by...

FTBs paying record amounts for first home

While the wider mortgage market has been fluctuating because of the EU referendum, First-time...

Openwork reports profit for fourth consecutive year

Openwork has posted a profit for the fourth consecutive year, with an increase in...

New 50% LTV deals from Coventry for Intermediaries

Coventry for Intermediaries has introduced 50% LTV products across its residential and offset ranges. New...

COMMENT

AI doesn’t remove bias. It gives us the chance to manage it

One of the great promises of artificial intelligence has always been objectivity. Machines, unlike people, do not have bad days. They do not favour...

Commonhold reform: Devil in the detail

The government's language on leasehold reform remains forthright. Ministers speak of, “bringing the feudal leasehold system to an end,” of returning power to homeowners...

Managing cashflow and risk in today’s turbulent market

Over the past decade buy-to-let landlords have become accustomed to operating in a market where it can often feel like change is the only...

Is there such thing as a ‘typical borrower’ anymore?

What is a typical borrower? A few decades ago, it would have been a salaried employee, single source of income and, most likely, a...

Private credit has reached its next stage of maturity

Every lending market experiences moments that prompt uncomfortable questions. A high profile default, allegations of poor governance or a significant loss inevitably lead to...

Latest news

L&G cuts rates for new optional payment lifetime mortgages

L&G has introduced rate reductions of between 0.01% and 1.00% for new customers taking...

Mortgage payments are leading source of financial pressure for borrowers

More than half of UK mortgage holders worry about their repayments at least once...

StrideUp cuts HMO and MUFB finance rates and raises broker fees

StrideUp has reduced rates across its houses in multiple occupation (HMO) and multi-unit freehold...

West One expands mortgage sales team with four appointments

West One has appointed four members to its mortgage division sales team as the...

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