News

Virgin Money unveils its first seven and 10-year fixes

Virgin Money has launched a range of seven and 10-year fixed rate residential mortgages. The...

Lowest fixed rate ‘security premium’ since credit crisis

New analysis of official data by mortgage broker Private Finance has found that the...

Brokers question effectiveness of free legal services

The Association of Mortgage Intermediaries (AMI) has surveyed its membership to ascertain how intermediaries...

‘Double cashback’ offer from Leek United

Leek United is doubling the cashback incentive on one of its latest new mortgages. The...

Paragon’s new mortgage lending up 23%

Paragon has reported that its total mortgage lending increased by 23% to £721 million...

New intermediary exclusives from the Skipton

The Skipton Building Society has introduced a new range of intermediary-only exclusive products for...

Brokers haven’t changed their views on Brexit

While there is still plenty of uncertainty surrounding the terms of Brexit, there has...

Secure Trust Bank improves self-employed criteria

Secure Trust Bank Mortgages will now consider net profit as part of its affordability...

Sainsbury’s Bank moves into buy-to-let

Sainsbury’s Bank has launched new buy-to-let (BTL) products solely available via brokers. The new products...

Magellan Homeloans to pay proc fees on exchange of contracts

Magellan Homeloans has stated that it will pay procuration fees at exchange of contracts with...

Pepper Money reduces buy-to-let rates and fees

Pepper Money has made changes to its buy-to-let range, reducing rates by up to...

TMW adds new 10-year deal and cuts tracker rates

The Mortgage Works has cut rates for two-year tracker mortgages by up to 0.45 percentage...

Magellan Homeloans partners with Connect for Intermediaries

Magellan Homeloans has partnered with Connect for Intermediaries, joining the panel of both its...

SmartSearch moves into new offices in Ilkley

Anti-money laundering firm SmartSearch have moved into brand new offices in Ilkley, Yorkshire. SmartSearch’s Anti-Money...

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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