Mortgages

New hire for Capital Advances

Former Essex-based packager Les Daley has joined Capital Advances. He has been tasking with officially...

44% year-on-year rise in advances for H&R BS

Hinckley & Rugby Building Society advanced an extra £8.1m in mortgages in a first...

Precise outlines MMR status

Precise Mortgages has published a statement of its Mortgage Market Review (MMR) readiness. The specialist...

MMR: just one month to go

There is now just one month to go until the Mortgage Market Review (MMR)...

Lloyds Bank unveils mortgage cashback offer

Lloyds Bank has announced the launch of a new offer for homemovers. From Friday...

Mortgage lending up 50% year-on-year

Gross mortgage borrowing of £11.5bn was 47% higher than in the same month last...

Borrowers rush to fix

An unprecedented number of homebuyers opted to fix their mortgage rates in February as...

Call for surveyor fast-tracking to ease shortage

A shortage of surveyors is continuing to put pressure on the secured loan sector...

32% to still be paying mortgage in their 60s

A third of homeowners with repayment mortgages will not have finished repaying the property...

Virgin Money offers new 75% LTV buy-to-let deals

Virgin Money has increased its maximum buy-to-let LTV from 70% to 75% and has...

The Teachers broadens its offering

The Teachers Building Society has launched two new deals and lowered the rate on...

Over 11,000 high LTV mortgages completed in February

Lending to high LTV borrowers reached a six-year high in February, as monthly high...

CML reports seasonal dip on lending

The total number of home-owner loans for house purchase in January 2014 was down...

Stonebridge added to Magellan panel

Stonebridge Mortgage Solutions, the network arm of Stonebridge Group, has been appointed to the...

COMMENT

Busting the myths that stop homeowners protecting their income

In my role at LifeSearch, I spend a lot of time talking to mortgage advisers, brokers, and, increasingly, customers directly. One thing comes up time...

The 4.3 million borrowers your pipeline is probably missing

There are 4.3 million self-employed workers in the UK and nearly one in five self-employed workers plans to buy a property in the next...

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...

Latest news

BM Solutions streamlines refinancing with combined application for landlords

BM Solutions is launching a single application process, allowing brokers to handle product transfers...

Landbay adds 70% LTV Premier products and cuts small HMO rates

Landbay has added eight five-year fixed-rate products at 70% loan-to-value to its Premier range...

Nivo to launch broker roundtable series in Manchester

Nivo is launching a series of private broker roundtables, beginning with a lunch at...

Landlords move to sell portfolios before Renters’ Rights Act takes effect

Law firm Thackray Williams has reported a wave of instructions from landlords looking to...

PROFILES