News

Renters face steeper rise in housing costs than mortgage holders

Private renters have seen their monthly housing costs rise more sharply than mortgaged homeowners...

Clydesdale Bank to cut selected residential rates

Clydesdale Bank will reduce rates across a number of its residential mortgage products from...

Later life lending supporting over-50s locked out of labour market

A growing number of over-50s who find themselves out of work and ineligible for...

Reward Funding appoints NE business development director

Reward Funding has appointed Martyn Evans as business development director to lead its expansion...

Borrowers take on larger mortgages as lenders ease affordability rules

Mortgage borrowers took advantage of loosened lending criteria in May, selecting significantly larger loans...

Gen H partners with Sesame to broaden distribution

Gen H has added mortgage network Sesame to its distribution panel, marking the latest...

Cleverly returns to frontbench as shadow secretary of state for housing

Kemi Badenoch has brought former leadership rival Sir James Cleverly back to the Conservative...

Newcastle for Intermediaries introduces early product transfers

Newcastle for Intermediaries has unveiled a more flexible approach to product transfers, allowing brokers...

Tipton & Coseley updates affordability criteria

Tipton & Coseley Building Society has revised its affordability criteria, allowing borrowers to access...

Finova names new chief executive officer

Gareth Richardson has been appointed chief executive officer of Finova, the cloud-based mortgage and...

New report calls for consistent action on vulnerability in later life lending

A new industry report from the Equity Release Council has called on the later...

Co-operative Bank for Intermediaries trims fixed rates

The Co-operative Bank for Intermediaries has announced rate reductions of up to 19 basis...

More than one in four lifetime mortgages used to repay existing debts

More than a quarter of new lifetime mortgages arranged in the second quarter of...

Homebuyers saw £6.6bn Stamp Duty bill as tax burden rises 21%

Homebuyers in the UK paid £6.6bn in Stamp Duty Land Tax during the first...

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