News

PRA’s Martin Stewart to join Coventry BS board

The Coventry Building Society has announced that Martin Stewart – director, banks, building societies...

Metro Bank extends Open Banking offering

Metro Bank has launched its developer portal, which opens up the bank’s platform to FCA-registered...

It pays more to work on specialist cases

Research commissioned by Pepper Money as found that brokers earn more money per hour...

The Skipton moves into 95% LTV market

The Skipton Building Society is now offering 95% mortgages. It believes the launch could provide...

SME lender appoints senior underwriter

Spotcap UK, lender to small and medium sized businesses, has appointed Andrew Caulfield as...

Half of Scots don’t believe they will buy their own home

48% of Scots feel that they will never buy their own home, with 29%...

Sirius Property Finance reports record month

Sirius Property Finance as reported its biggest month to date in June, completing on...

Metro Bank ups rate switching procuration fee

Metro Bank has increased its rate switching procuration fee by 50%. From today, brokers will...

New NED for Stonebridge Group’s Revolution board

Stonebridge Group is adding a new non-executive director (NED) to the board of Revolution,...

Knowledge Bank offers API to third parties

Knowledge Bank has launched its application programming interface (API). The API will allow lenders, networks,...

LendInvest and Onfido partner to expedite buy-to-let ID checks

LendInvest and identity verification provider Onfido have announced a partnership designed to streamline LendInvest’s...

‘Pre-summer boost’ seen for UK mortgage market

UK Finance has reported that there were 32,200 new first-time buyer mortgages completed in...

UK property continues to attract Hong Kong expat interest

Skipton International is seeing a surge in enquiries for its expat mortgage products from...

FTBs not taking up Lifetime ISA opportunity

OneFamily research has revealed of the 7.4 million first-time buyers in the UK eligible...

COMMENT

Housing reform needs a thriving private rental sector, not just a thriving sales and purchase market

One of the most encouraging developments over recent weeks has been the renewed focus on improving the homebuying and selling process. The Government's plans to...

The economics of developing the next generation of advisers

Over the past couple of decades, I have worked alongside literally thousands of AR and DA firms, from businesses employing one or two advisers...

Is Andy Burnham the New Messiah or just Starmer with better eyebrows?

What a damning indictment of Labour that Andy Burnham appears to be strolling towards the leadership in what looks less like a contest and...

Approvals hit a 2.5-year low: When broker value gets proven – or missed

Net mortgage approvals dropped to 56,200 in May – the lowest since December 2023 - down from 66,000 the month before. Net borrowing fell from...

Removing friction from the homebuying journey

One thing I keep hearing from our advisers is how much more work each case now generates, largely because so much of it involves...

Latest news

Swap rates fall but funding risks remain, warns Moneyfacts

In a week that saw more than 20 lenders reduce their fixed mortgage rates,...

Growing calls for government to overhaul Stamp Duty for FTBs

Mortgage industry figures are urging the government to review stamp duty for first-time buyers...

L&G launches later life lending campaign

L&G has launched a later life lending campaign featuring short documentary-style films highlighting the...

West Brom reduces rates by up to 0.18%

West Brom Building Society has reduced rates across its two-year fixed purchase mortgage range,...

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