News

Gross mortgage lending down at the Nationwide

The Nationwide Building Society has reported a fall in gross mortgage lending and market...

Keystone hires business managers for the North

Keystone Property Finance has appointed Sara Finlay-Hudson and Gary Dean to its business development...

Right Mortgage & Protection unveils later life lending network

The Right Mortgage & Protection network has launched its Later Life Lending Network, specialising...

Illegal money lender to be sentenced today

Dharam Prakash Gopee has been found guilty at Southwark Crown Court of acting as...

Knowledge Bank offers second charge criteria search

Criteria search system Knowledge Bank has announced a partnership with Loans Warehouse. Master broker Loans Warehouse...

Together and Brightstar provide a seven-day mortgage

Together and mortgage distributer Brightstar Financial have joined forces to provide a residential remortgage...

Earlier than expected rate rises on the cards

The Bank of England’s Monetary Policy Committee (MPC) has once again voted unanimously to...

InterBay Commercial revamps sales structure

InterBay Commercial has created a new sales structure, designed to better support its broker...

Shawbrook completes 38-flat loan

Shawbrook’s commercial property team completed a complex Limited Company transaction against three blocks of...

36-year low for mortgage repossessions

UK Finance has reported that there were 82,800 homeowner mortgages in arrears of 2.5%...

Record low for second charge repossessions

The number of second charge mortgage repossessions in 2017 was 105, 27% lower than...

Majority of landlords shunned tax change advice

44% of landlords surveyed by Mortgages for Business plan to expand their portfolios before...

Castle Trust unveils ‘AI quotation engine’

Castle Trust has introduced what it claims to be the industry’s first quotation engine...

UTB balance sheet exceeds £1bn

United Trust Bank has reported that its balance sheet has exceeded £1 billion. During...

COMMENT

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...

Build, baby, build? Well we will need to fund more than the usual suspects

There was a noticeable sense of optimism at UKREiiF this year. That may sound surprising given the economic headwinds of recent years, but the...

Innovation in the lifetime mortgage market riding high

Innovation in the lifetime mortgage market has created real value for customers – there’s no excuse to ignore it. When a UK borrower reaches 55,...

Latest news

Hodge Bank partners with Mortgage Broker Tools

The partnership means Mortgage Broker Tools’ broker members can now access Hodge’s specialist mortgage...

Cambridge BS opens up 98% LTV to all brokers

The Cambridge Building Society is making its 98% LTV first-time-buyer product available to all...

Barclays latest lender to cut rates

Barclays is the latest lender to lower its mortgage rates, reducing selected residential products...

Landbay launches product transfer products

Buy-to-let lender, Landbay, has launched five new Product Transfer (PT) tracker products within its...

PROFILES