News

FCA consults on extending SM&CR implementation deadlines

The Financial Conduct Authority (FCA) has published a consultation paper on making changes to...

New application process for Octane Capital

Octane Capital has made changes to its application process which it claims will in some...

Rightmove: rental demand at record levels

Rightmove has revealed that the average rental asking price is at an all-time high...

Expand portfolios sooner rather than later, BTL borrowers urged

Landlords are set to benefit from tax savings announced in the chancellor’s summer statement....

Virgin to reinstate mortgage service commitment

Virgin Money has announced the reinstatement of its mortgage service commitment from Monday 20...

Debt breathing space proposals backed by charity

StepChange Debt Charity has firmly welcomed the publication of the draft regulations to implement...

Bank of Mum & Dad “needs financial advice”

32% of parents would value advice on how best to give money to children...

BFS backs first-time developer

Bridging Finance Solutions (BFS) has provided support to a fledgling developer, providing a £350,000...

Metro Bank relaunches 85% & 90% LTV mortgages

Metro Bank has made positive changes to its residential mortgage range. From today, it has reintroduced...

Foundation Home Loans hires product marketing specialist

Foundation Home Loans has appointed Sarah Wade as its product marketing specialist. Wade (pictured) was most recently...

2.35% MER equity release rate unveiled

Pure Retirement has made changes to the rates on its Sovereign products, resulting in...

Aldermore: planning proposals will benefit SME builders

Aldermore has welcomed a parliamentary report into ways to improve the planning system in the...

London has £96bn of housing equity available for release

Canada Life has calculated that nearly 500 billion of equity available for release in...

Dudley: there are alternatives to mortgage holiday

The Dudley Building Society has stressed to brokers with Dudley mortgage customers, who might...

COMMENT

Mortgage maturity: A golden opportunity for advisers

Around 1.8 million fixed-rate mortgage deals are due to come to an end in 2026, adding to the 1.6 million mortgages that already matured...

Rates are moving and regulation is evolving

Many lenders are having to increase their rates, and that trend looks set to continue over the coming week. For clients whose current deal...

Building tomorrow’s mortgage market: AI built on trust, governance and confidence

The government's Financial Services AI Adoption Plan, led by Harriet Rees, group chief information officer at Starling Bank, and Dr Rohit Dhawan, group director...

The protection prompt: what AI still needs to get right

The Mills Review has prompted plenty of discussion across the mortgage industry. While much of the focus has been on the finding that a...

Why second charges are helping Right to Buy borrowers do more with their home

For many people, Right to Buy is still one of the most accessible ways to become a homeowner and over the last five years,...

Latest news

Leeds lending falls amid technology investment

Leeds Building Society completed £2bn of gross mortgage lending during the first half of...

Foundation revives buy-to-let products and cuts holiday let rates

Foundation Home Loans has refreshed its buy-to-let mortgage range, bringing back several products, adding...

UK residential property transactions edge higher in June

UK residential property transactions rose modestly in June, suggesting that underlying market activity is...

Buyers turn to 1.5 million homes rejected by mainstream lenders

About 1.5 million homes across Britain may fall outside mainstream mortgage criteria, according to...

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