News

Gross mortgage lending down 4% year-on-year

UK Finance has reported that gross mortgage lending across the residential market in June...

Source Insurance now on board via TMA’s Toolbox

TMA Club has partnered with Source Insurance via LSL’s back-office system – Toolbox. Members of...

Newcastle Intermediaries appoints new national account manager

Newcastle Intermediaries has appointed a new national account manager and expanded its business development team...

FTBs in the South East most stretched in country, despite higher salaries

Homeowners in the North of England are 'the best-off in Britain', with more disposable...

LendInvest makes business development hires

LendInvest has made a number of field based and internal hires to its business development team. Nigel...

One-third of direct mortgage customers have no protection

34% of Legal & General Mortgage Club consumers who purchased their mortgage direct from...

New specialist finance hires at White Oak UK

White Oak UK has announced a number of new hires to its specialist finance...

Nearly half of Islamic customers have never used Shariah-compliant products

46% of Muslim consumers say they have never used Shariah-compliant products, according to a...

The Nationwide cuts selected fixed rates

The Nationwide Building Society has reduced a number of two, three and five-year fixed...

Brightstar launches education initiative

Brightstar Financial has introduced an education programme for brokers. The distributor will, over the coming...

L&G unveils new equity release workshop programme

Legal & General Home Finance has introduced a series of ‘Setting the Foundations’ workshops...

HMRC reports slump in property transactions

HMRC's provisional seasonally adjusted UK property transaction count for June 2019 was 84,490 residential...

Paragon’s new lending up 20% year-on-year

Paragon Banking Group has reported £1.90 billion of new lending across all business lines...

FCA consults over fair treatment of vulnerable customers

The Financial Conduct Authority (FCA) has launched a consultation on proposed guidance for firms...

COMMENT

Commonhold and RTM: do not mistake control for simplicity

Commonhold is presented as a fairer form of flat ownership. Right to Manage (RTM) is sometimes portrayed as a quick way for residents to...

No holidays: advice firms need a plan for a busy August

Every summer, the same quiet risk runs through the intermediary market. Advisers, case managers and administrators go on holiday. Specialist lending cases, which have...

Every rate shock is becoming a test of the modern mortgage business

Halifax, Barclays and HSBC increased selected mortgage rates by up to 0.20% this week, effective 21 July. Halifax removed its sub-4% deals entirely. Barclays'...

Your next client is probably more complicated than your last one

There's a shift happening in the mortgage market that most small firms aren't ready for. It's not about rates. It's not about the political...

Why post-contract variation is becoming the mortgage market’s next battleground

For much of the past decade, mortgage technology investment has focused on origination and with good reason. Faster decisions in principle, automated affordability assessments,...

Latest news

House price rise puts mortgage resilience in sharper focus

Homebuyers should consider how they would meet mortgage payments if illness or injury affected...

Simplify’s trust gives £22,500 to nine local charities

The Simplify Charitable Trust has donated £22,500 to nine charities working in communities across...

Landlords turn to portfolio refinancing to fund expansion

More than three-quarters of landlords are considering refinancing their existing portfolios to fund further...

LiveMore launches mortgage for homes with spray foam insulation

LiveMore has launched a mortgage designed for homeowners whose properties have become difficult to...

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