News

HMRC reports “substantial” fall in transactions

HMRC's provisional seasonally adjusted UK property transaction count for April 2016 was 84,280 residential and...

20% rise in Nationwide’s gross mortgage lending

The Nationwide Building Society has reported that its gross mortgage advances reached £32.6 billion,...

Second charge lender secures new funding

Step One Finance has successfully completed an equity funding round participated by the Bravo...

Dragonfly appoints portfolio manager

Dragonfly Property Finance has hired David Dean as a portfolio manager in its development...

Paragon reports rise in profits and new lending

The Paragon Group of Companies has posted a 12.5% increase in underlying profits to £71.9...

Fleet changes limited company BTL criteria

Fleet Mortgages has made further criteria changes with a focus on the transfer of property...

Julian Harris Network opts for Twenty7Tec sourcing platform

Julian Harris Network has adopted Twenty7Tec's platform as its preferred sourcing system. The network will now roll...

16% year-on-year growth for bridging

The Association of Short Term Lenders (ASTL) has revealed that the number of bridging...

Two key sales promotions at CSF

Crystal Specialist Finance (CSF) has promoted Neil Elvish to the senior position of national...

Society of Mortgage Professionals hires operations manager

The Society of Mortgage Professionals have appointed Vishal Pandya as its new operations manager. Pandya (pictured), who...

L&G reveals 2015 individual protection figures

Legal & General has reported that it paid out £542 million in individual protection claims...

Gap between 65% and 90% LTV rates narrows

The divide between mortgage rates for borrowers with 10% deposits and 35% deposits is at...

Openwork adds Fleet Mortgages to panel

Openwork has announced that Fleet Mortgages is joining its lender panel. The network expects write more than...

Modus joins Berkeley Alexander buy-to-let panel

Berkeley Alexander has revealed that specialist managing general agent Modus has joined its quote and...

COMMENT

Cutting stamp duty will make the housing crisis worse

Every time the housing market stalls the same thing happens and people call for stimulus, this time: abolish stamp duty. The logic feels intuitive -...

The money sitting in your back pocket that you keep forgetting to pick up

Let me give you a number. Almost half of UK mortgage holders would struggle to meet their payments within six months of losing their...

Smart Data can solve the UK’s homebuying bottleneck

For many of us, buying a home remains one of the most stressful and frustrating experiences we will ever undertake. Despite advances in digital banking,...

The 1.8 million problem nobody’s talking about

There's a number that should be keeping every mortgage firm owner awake right now. 1.8 million. That's how many fixed rate mortgages are expiring...

Lenders urged to do more as purchase market slows

High street lenders - including TSB, Lloyds, Santander, and NatWest - have all been reducing rates and making changes to their product ranges over...

Latest news

Cutting stamp duty will make the housing crisis worse

Every time the housing market stalls the same thing happens and people call for...

LendInvest bolsters residential and BTL broker support with Glasgow team expansion

LendInvest has expanded its commercial support team with a particular focus on helping brokers...

Hackathons test property data sharing in homebuying push

Proptech firms have tested how property data can be shared across the home-moving process...

Foundation refreshes buy-to-let range with new products and rate cuts

Foundation has refreshed its buy-to-let mortgage range with new products and rate reductions across...

PROFILES