News

Bank rate rise boosts approval levels

The number of approvals increased between October and November, following an increase in the...

New processing platform launches

One Mortgage System (OMS), which has launched today, is claiming to offer mortgage brokers...

FIBA Conference announces keynote speaker

The Financial Intermediary & Broker Association (FIBA), which is holding its inaugural annual conference...

COLG plans new commercial lender

City of London Group (COLG) has revealed that it is to start the process...

Final call for TDS Charitable Foundation funding applications

Organisations that support landlords and tenants to improve standards and educate those involved in...

FCA shuts down unlawful FX investment scheme

The High Court has made orders against a number of persons involved in carrying...

OneFamily unveils new two year fixed lifetime offer

OneFamily has launched a new two year fixed offer across its range of lifetime...

NAEA Propertymark outlines conference details

NAEA Propertymark has revealed that for the second year running, Sally Bundock, business and...

Transformative year for the remortgage market

LMS has reported that, over the last 12 months, the remortgage market has transformed...

Record year for ABL and invoice finance

2017 saw the invoice finance and asset-based lending sector provide more finance to UK...

Arkle Finance appoints managing director

Asset finance firm Arkle Finance has appointed Daniel Bailey as managing director. Bailey has previously served...

Brits take on debt to fund Christmas

Nationwide Current Accounts survey has found that Brits are on average spending five months...

Smart security homeowners get home insurance discount

Cocoon has announced a deal with PolicyCastle, the digital home insurance platform, giving people...

Accord make sweeping buy-to-let changes

Accord Mortgages has reduced rates by up to 0.35 percentage points on three quarters...

COMMENT

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,...

How small and medium-sized lenders can fix the origination headache

We are constantly told that to fix the mortgage journey, we need to rip everything out and start again. That unless a lender replaces its...

Latest news

Mortgage repayments set to rise for 5m households by 2028

More than five million households are projected to see their mortgage repayments increase by...

Buying costs outpace house prices threefold since 2019

The cost of buying a home has risen more than three times faster than...

Nationwide appoints Kim Dickinson as intermediary product manager

Nationwide has appointed Kim Dickinson as lead product manager for intermediaries. Dickinson brings a wealth...

Metro Bank launches 100% LTV JBSP mortgage

Metro Bank has launched a 100% LTV Joint Borrower, Sole Proprietor (JBSP) mortgage. The mortgage...

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