News

Large jump in profits at the Newcastle

The Newcastle Building Society has reported that its pre-tax profits increased to £8.1m for the year...

Aldermore outlines retention fee offering

Aldermore is to launch a retention procuration fee for brokers on 3 April 2017. Procuration fees will be available...

Remortgaging approvals up 16% year-on-year

Latest high street banking data from the British Bankers' Association (BBA) shows that consumer...

The Coventry reports 13% rise in new lending

The Coventry Building Society has reported 'record results' for 2016. The mutual's full year results show record mortgage...

Further £7bn loss at RBS

The Royal Bank of Scotland has posted losses of £7bn for 2016. Restructuring costs included a £750m...

Landlords enjoy good start to 2017

The latest Your Move England & Wales Buy to Let Index has found that...

New buy-to-let deals from Pepper Homeloans

Pepper Homeloans has launched two and five-year buy-to-let fixed rates and cutting some existing rates by...

Magellan partners with 3mc

Magellan Homeloans is to distribute its full range of mortgage products via the specialist distributor...

New Help to Buy deal from the Leeds

The Leeds Building Society has reported continued strong demand for Help to Buy Equity loan...

Paymentshield offers mortgage broker introducer facility

Paymentshield has unveiled an introducer scheme for mortgage advisers. The initiative aims to offer advisers the means...

Lowest rate ever for Kent Reliance

Kent Reliance has made changes to its specialist buy-to-let mortgage range, with rates now starting from 2.99%,...

Borro okays loan and transfers funds in three hours

Borro has provided a client of London mortgage broker Coreco with a loan of...

Callcredit secures FCA authorisation

Callcredit Information Group's wholly owned subsidiaries, Callcredit Limited and Callcredit Consumer Limited, have achieved full...

CML: gross lending up 2% year-on-year

The Council of Mortgage Lenders (CML) has estimated that gross mortgage lending totalled £18.9 billion...
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COMMENT

Commonhold and Leasehold Reform

With great power comes great responsibility

There has been a huge amount in the press about the “feudal” system of leasehold and how the government’s revitalised commonhold will fix all...

Don’t rein me in

For many years, major financial institutions and large retailers have understood the benefits of presenting their customers with complementary products alongside their core offering. Banks...

More questions now surround the home moving digital journey

The Ministry of Housing, Communities and Local Government (MHCLG) has published its highly anticipated Home Buying and Selling Reform Roadmap, representing the most aggressive...

Stability has value: why the latest Bank Base Rate hold matters

The Bank of England's decision to maintain Bank Base Rate (BBR) at 3.75% may not have generated the excitement that often accompanies a rate...

If you motivate an idiot you just get stupid things done quicker

There's a lot of excitement about artificial intelligence in the mortgage industry right now. Nearly nine in 10 mortgage brokers want technology to play...

Latest news

Appointments

The West Brom promotes Gareth Madeley to chief customer officer

West Brom Building Society has appointed Gareth Madeley as its new chief customer officer,...
MIMHC

Industry leaders unite behind MIMHC Lunch

HSBC UK, Virgin Money, Nottingham Building Society, Landbay and top broker firms Mortgage Advice...
News

Santander raises foreign national mortgage lending to 90% LTV

Santander UK has expanded its foreign national mortgage policy by increasing the maximum loan-to-value...
Buy-to-let

Keystone passes £2bn in securitisation issuance with sixth Hops Hill deal

Keystone Property Finance has completed its sixth securitisation, taking total issuance under its Hops...

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