Mortgages

Aldermore to hold MBE Leeds seminars

The Mortgage Business Expo (MBE) at Leeds Armouries on 20 April will include a series...

2015 an “excellent year” for Aldermore

Aldermore has reported an increase in lending for 2015 across all of the sector...

Year-on-year growth across all types of lending

The Council of Mortgage Lenders (CML) has revealed that home-owners borrowed £8.4bn for house purchase,...

Buy-to-let ‘gained chokehold’ over first-time buyers

The proportion of buy-to-let mortgage enquiries on Comparethemarket.com grew by 4.4% to 18.2% during...

Brokers need to keep generating new business

Foundation Home Loans (FHL) has warned that brokers could find themselves short of new business now...

Legal & General updates MCD Matrix

Legal & General Mortgage Club has updated its Mortgage Credit Directive (MCD) Matrix to...

Pre-Stamp Duty surcharge stampede for completions

Last month saw the number of buy-to-let valuations carried out ridse by 34% compared to...

£63bn spent on property without mortgages

Over 7,200 £1 million-plus homes are being bought each year without mortgages, according to analysis from Bower...

CHL targets ‘mid-year’ return to BTL lending

CHL Mortgages is to return to lending under the CHL for Intermediaries brand. In a...

20% annual rise in gross purchase advances

The Bank of England says the proportion of lending for house purchase in the...

TSB integrates mortgage distribution

TSB is to merge its intermediary and direct mortgage distribution teams. The bank claims the move will...

Brokers offered free phone call recording 

PhonesForBrokers has introduced a special offer so brokers can receive free call recording when they take...

Eviction rates fall following healthier tenant finances

The latest Tenant Arrears Tracker by estate agency chains Your Move and Reeds Rains has found that...

Fleet to expand lending proposition

Fleet Mortgages has made the first in a series of product and criteria changes that will...

COMMENT

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...

Your clients aren’t being stolen… they’re being handed over

Let's be honest about something the industry won't say out loud. Lenders going direct aren't the problem. Brokers are. Every year the same conversation happens....

Latest news

Affordability blocking housing recovery

Improving confidence is encouraging buyers back into the housing market but affordability remains the...

Mortgage rate reversal wipes out July cuts

Average mortgage rates increased during July, reversing the reductions recorded a month earlier, according...

Five firms join FCA Scale-up Unit

Five fast-growing financial services firms have joined the Financial Conduct Authority’s Scale-up Unit for...

Hope Capital expands Shawbrook funding facility

Hope Capital Property Finance has increased its committed funding facility with Shawbrook Bank to...

PROFILES