Mortgages

Average homebuyer salary down 16% year-on-year

The average salary of homebuyers looking for a mortgage fell to a near-four year...

New higher LTV deals from Virgin Money

Virgin Money has made changes to its higher LTV mortgage range for customers with smaller...

£300m securitisation for Paragon

The Paragon Group of Companies has completed its latest securitisation. Paragon Mortgages No.23 (PM23) is...

FCA rings the changes on complaints handling

New rules on complaints and call charges have been published by the Financial Conduct...

Metro Bank lending passes £2bn mark

Metro Bank has reported its second quarter trading figures to 30 June 2015. During that period, total...

Profits up at the Yorkshire

The first six months of the year saw the Yorkshire Building Society increase its...

Shelter receives four-figure donation from L&G Mortgage Club

Legal & General Mortgage Club raised £3,966 for the homeless charity Shelter at its...

Crystal Specialist Finance reports record quarter

Crystal Specialist Finance has hailed its rebrand earlier in the year as a success. It...

New interest-only remortgage deals from the Leeds

Leeds Building Society has added two new fee-free deals for remortgages to its interest-only range. In May the...

TFC appoints chief technical officer

TFC Homeloans has appointed Dan Brown as its chief technical officer. Brown will have full...

June mortgage lending reaches highest level since credit crunch

Analysis of the intermediary marketplace conducted by Equifax Touchstone shows June 2015 was the...

MPC unanimous over Bank Rate hold

The minutes of the Bank of England's recent Monetary Policy Committee meeting show that...

360 Sourcing breaks £100m barrier

Specialist packager Positive Lending has revealed that its secured loan sourcing platform 360 Sourcing...

Barclays announces Andy Gray’s replacement

Andy Gray is to leave his role as managing director of mortgages at Barclays...

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

Commonhold reform: Devil in the detail

The government's language on leasehold reform remains forthright. Ministers speak of, “bringing the feudal...

TMG reports record monthly MetLife submissions

TMG recorded its highest monthly submission volume with MetLife, exceeding its previous record by...

Leek raises earned income age limit to 75

Leek Building Society has introduced eight lending criteria changes covering income, contractors, later-life borrowing...

Coventry cuts residential and buy-to-let rates

Coventry for intermediaries has reduced selected residential and buy-to-let mortgage rates for new and...

PROFILES