News

Industry reaction as Bank drops rates 0.25%

The Bank of England has cut interest rates to 4% following a finely balanced...

ModaMortgages unveils new limited-edition BTL range and cuts rates

ModaMortgages has expanded its buy-to-let offering with the launch of eight new limited-edition products,...

The Exeter reports strong uptake of beneficiary nomination feature in life cover

The Exeter has reported a marked increase in structured arrangements for life insurance payouts...

UTB strengthens property development team with senior promotions

United Trust Bank has announced two senior promotions within its property development division as...

The Buckinghamshire trims limited company BTL rates

Buckinghamshire Building Society has cut rates across its limited company buy-to-let and holiday let...

UK buyers turn to turnkey homes as borrowing costs reshape priorities

Homebuyers across the UK are increasingly favouring move-in ready properties over those requiring renovation,...

FIBA launches new academy to support CPSP qualification and industry development

The Financial Intermediary and Broker Association (FIBA) has unveiled a new educational initiative in...

Halifax: house prices record strongest monthly rise of the year

House prices rose by 0.4% in July — the largest monthly increase since January...

Bridging market held firm in Q2

The UK bridging finance market continued to show resilience in the second quarter of...

First-time buyer mortgage payments fall by £93 a month as affordability edges up

First-time buyer affordability is showing tentative signs of improvement with average monthly mortgage payments...

Access FS adds April Mortgages to lender panel

Access Financial Services has added April Mortgages to its lender panel, giving brokers access...

Shorter fixes on the rise as borrowers turn away from long-term commitments

UK mortgage borrowers are increasingly favouring short-term flexibility over long-term certainty, according to the...

OPDA launches YouTube channel to explain digital homebuying reforms

The Open Property Data Association has launched a YouTube channel aimed at simplifying the...

Paragon Bank secures additional £27m from Growth Guarantee Scheme

Paragon Bank has secured a further £27 million under the British Business Bank’s Growth...

COMMENT

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...

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...

Latest news

Almost half of FTBs feel under pressure from social media

New data from Mojo Mortgages reveals 45% of UK first-time buyers feel under pressure...

Market Harborough BS revamps broker support

Market Harborough Building Society has restructured its broker support model - giving brokers their...

Mortgage lenders expect slowdown despite Q2 rise in demand

Demand for mortgages increased during the second quarter of the year, although lenders expect...

Foundation reintroduces pound-for-pound remortgage product

Foundation has reintroduced its F1 pound-for-pound (£4£) remortgage product and reduced rates across its...

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