News

Interest-only still issue for older homeowners

More 2 Life research has indicated that 41% of over 65 year olds with...

Improvement in home purchase fall-through rate

Home buyer Quick Move Now has reported that the number of house sales failing...

TML reduces selected five-year fixes 

The Mortgage Lender (TML) has cut its five-year fixed rate products in Tiers 1-6...

Purplebricks’ claims “misleading”

Online estate agent Purplebricks has been told it by the Advertising Standard Authority (ASA)...

PRA reviewing consumer credit lending following growing concerns

The Prudential Regulation Authority (PRA) has undertaken a review of consumer credit lending, examining...

Leeds members donate almost £25k to Marie Curie  

A charity scheme supported by Leeds Building Society’s members has raised £24,970 for Marie...

Pension providers team up over self-employed enrolment

Aviva and Royal London have joined forces to produce a recommendation of how to...

Millennials look to be smart with their mortgages

92% of 18-34 year olds have a repayment mortgage deal, according to research from...

Equity release rates continue to fall

Fixed lifetime mortgage interest rates fell for the seventh consecutive month in June 2017,...

FCA consults over consumer credit staff incentives

The Financial Conduct Authority (FCA) has today published proposals on how consumer credit firms...

Ex-Ipswich CEO joins Teachers’ board

The Teachers Building Society has added Paul Winter to its board as a non-executive...

Former Deutsche Bank COO becomes MortgageGym adviser

Mortgage 'robo-adviser' MortgageGym.com has announced that Henry Ritchotte, former chief operating officer of Deutsche Bank...

10% rise in limited company mortgage completions for purchase

Mortgages for Business' latest Limited Company Buy-to-let Index has reported that during the second...

Seed funding raised by P2P lending platform

LandlordInvest, an FCA authorised peer-to-peer lending platforms for residential mortgages, has raised seed funding from...

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...

PROFILES