News

Pepper revises self-employed mortgage criteria

Pepper Money has made changes to its criteria for self-employed borrowers and will now...

Phoebus reaches £40bn milestone

Phoebus Software Limited (PSL) has reported that client lending and savings balances serviced on its...

FCA wants improvement in servicing those with pre-existing medical conditions

The Financial Conduct Authority (FCA) has published feedback on its Call for Input (CfI)...

Virgin Money improves buy-to-let proposition

Virgin Money is now accepting buy-to-let applications from portfolio landlords. Applications from portfolio landlords with...

The Swansea partners with wealth management firm for mortgages

The Swansea Building Society has joined forces with St. James’s Place to offer its...

SimplyBiz Mortgages expect more limited company BTL growth

SimplyBiz Mortgages says its research shows that 68% of brokers think they will write...

LendInvest maintains top rating from ARC Ratings

LendInvest has received the highest possible rating for the quality of its loan servicing from...

Key Retirement recruits advice delivery director

Key Retirement has added to its senior team with the appointment of Ian English...

Sandbanks maintains seaside town top spot

Sandbanks in Poole is Britain’s most expensive seaside town for the third year running,...

Roma Finance sounds death knell for small landlord

The private rental sector of the future will be dominated by larger institutional landlords...

Lenders and brokers accused of being ‘too quiet’ over buy-to-let changes

Mortgage lenders and brokers have been too quiet over the Prudential Regulatory Authority’s (PRA)...

FIBA/ASTL roundtable agrees action plan

Last week saw the second joint roundtable between the Financial Intermediary & Broker Association...

Scottish house prices continue to rise

Monthly price growth in Scotland slowed to 0.3% in April from 0.9% in March...

197 arrests made since bank fraud measures put in place last year

Figures published by UK Finance have revealed that £24.7 million of fraud has been...

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,...

PROFILES