News

Precise extends HMO maximum bedroom criteria

Precise Mortgages has expanded its HMO lending criteria to accept properties with up to...

New identity for Omni Capital

Omni Capital Partners Limited has changed its name to Fortwell Capital Limited. There is no...

PPI charge cuts Lloyds profits

Lloyds Banking Group has reported pre-tax profits of £1.64bn for 2015, 7% lower than...

The Yorkshire posts record operating profit

The Yorkshire Building Society has reported gross lending of £6.9bn (2014: £7.6bn) and net...

New Whole of Life deals from VitalityLife

VitalityLife has made changes to its existing product range and launched two new Whole of Life products. The...

First Complete begins MCD training across UK

First Complete has started to carry out UK-wide training on the impact of the...

N. Ireland lending highest level since mid-2007

The Council of Mortgage Lenders has revealed that lending in Northern Ireland for house...

Affordability hit borrowers turning to bridging

86% of brokers surveyed saw an increase in bridging loan volume during the fourth...

Continued lending growth in Wales

Latest Council of Mortgage Lenders (CML) data has shown that lending in Wales for...

8% rise in first-time buyers in Scotland

Annual home-owner house purchase lending in Scotland in 2015 totalled 64,800 loans, up 9%...

2015 fall in London house purchase lending

House purchase lending in London fell in 2015 in comparison with the previous year,...

Scottish Widows holds protection workshops

Scottish Widows, which recently returned to the intermediary protection market, has held a series...

BBA sees major year-on-year rise in lending

Gross mortgage borrowing of £13.6 billion in January was 38% higher than a year...

Lump sum demand on the rise

Equity release advisers expect an increase in demand for lump sum equity release plans, according...

COMMENT

How advisers can find and secure powerful introducers to grow their business – Pt2

I hope you found my earlier article useful and enlightening and if so, please read on, as in this piece I complete the steps...

What building the future means for mortgages

Earlier this month I attended the Abundance 360 summit in Los Angeles, Peter Diamandis’s annual gathering of entrepreneurs, scientists, tech CEOs and investors who are,...

Five things brokers across the country are telling me right now

The thing I’ve always enjoyed most about working in the specialist mortgage market is the people. I’m lucky that a big part of my job...

The FCA has made the case for holistic mortgage advice

Last Thursday, the head of the FCA stood up at the JP Morgan Pensions and Savings Symposium and dropped a line that deserves more...

Technology’s biggest challenge is not the one you think

There is a version of the mortgage technology story that gets told at conferences and in trade press with some regularity. It involves platforms, disruption...

Latest news

Millions unclear on cost of credit as gaps in financial understanding persist

Millions of UK adults are using credit without fully understanding borrowing costs or how...

UK house price growth slows as London slips into decline

HM Land Registry’s latest UK House Price Index shows the average property price across...

FCA to extend conduct rules to cover bullying and harassment

Mortgage brokers, lenders and other regulated firms will have to tighten their internal conduct...

Solar and heat pump rules could push up mortgage prices

New rules forcing developers to install solar panels and low-carbon heating systems on most...

PROFILES