News

Remortgage lending gradually decreasing each month

UK Finance has reported that in May, home buyers borrowed £10.8bn, up 10% on...

Landlords focussing on lower value properties

The latest Complex Buy-to-let Index by Mortgages for Business has found that landlords are...

Paragon outlines PRA Phase 2 implementation schedule

Paragon has stated that it will implement the PRA Phase 2 changes, which require...

Loss of house price momentum in London

The Halifax House Price Index, administered by IHS Markit, indicates a sustained slowdown in...

The Skipton offers sub 1% rates for first time

Tomorrow (13 July) the Skipton Building Society is cutting fixed interest rates for mortgages...

UK sees change in concentration of £1m+ house sales

More than half of £1m+ property purchases are set to take place outside Greater...

FCA publishes interim review of retirement income market

The Financial Conduct Authority (FCA) has published the interim findings of the Retirement Outcomes...

SortRefer: free remortgage legals “a mirage”

SortRefer has argued that many of the free legal packages offered by lenders are...

AOBP aims for broader based executive committee

The Association of Bridging Professionals (AOBP) has appointed three new members to its executive...

Hinckley & Rugby applications top £100m in H1

The Hinckley & Rugby Building Society has reported that it received over £100m of...

Keystone to up Classic Range proc fee

Keystone is to increase the Classic Range procuration fee paid to brokers by 10...

Mortgage Force adopts iPipeline’s protection solution

IPipeline has announced that Mortgage Force has adopted its protection modelling and sourcing solution,...

All work and no play for SME owners

Bosses in 52% of all small businesses – representing 2.86m firms in the UK...

Remortgaging boosted by strong and stable government expectations

LMS has reported that remortgaging volumes rose in May with borrowers encouraged by the...

COMMENT

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...

A new PM brings a new opportunity to rethink housing policy

Politics, as it seems to do in recent times, has moved at remarkable speed over the last couple of weeks. In what feels like...

Latest news

MT Finance latest firm to offer World Cup time off

As mortgage firms gear up for England’s 1am World Cup clash against Mexico on...

Broker optimism grows as sub-4% rates edge closer

A series of mortgage rate cuts from lenders this week has sparked optimism among...

Renters face higher costs amid strong demand

Two in three (63%) recent movers ended up paying more rent than planned, as...

ModaMortgages cuts rates across limited-edition BTL range

ModaMortgages has announced a reprice of its limited-edition buy-to-let range, with rate reductions across...

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