News

UTB provides £5.2m bridge on £12.75m Home Counties estate

United Trust Bank has completed a £5.2m regulated bridging loan to refinance a newly...

Funding 365 cuts rates to 0.64%

Funding 365 has today revealed rate reductions across its Residential Bridge and Light Refurbishment...

Pure Retirement provides new resources to broaden later life lending understanding

Pure Retirement has expanded its suite of resources aimed at helping both advisers and...

Paradigm launches national AI survey for brokers

Paradigm has launched what it describes as the first national survey on artificial intelligence...

GB Bank delivers £2.5m BTL facility for portfolio restructure

GB Bank has provided a £2.5m buy-to-let facility to an experienced investor in Oxfordshire,...

Buy-to-let profitability rebounds as rental yield hits 10-year high

Buy-to-let profitability has rebounded strongly with average rental yields matching their highest levels in...

Later life lending expands with new products responding to demand

The later life lending market is continuing to evolve with new products designed to...

Pressure on landlords takes shine off buy-to-let rate cuts

Buy-to-let mortgage rates have fallen to their lowest levels since September 2022 but record...

Concerns as UK household spending rises again

UK households increased their weekly spending to an average of £623.30 in the year...

Chetwood Bank puts Alan Cleary back in the driving seat

Chetwood Bank has announced it has appointed respected industry expert Alan Cleary as interim...

Mortgage industry rallies behind Christmas charity concert

Momentum is building fast behind this year’s Christmas charity concert in aid of EveryYouth...

First-time buyers put at the heart of Treasury mortgage talks

The government will urge lenders to put first-time buyers at the top of their...

Target urges lenders to treat mortgage servicing as a strategic asset

Target Group has called on mortgage lenders to rethink their approach to servicing, arguing...

Heron Financial launches AI training cohort and ethics committee

Heron Financial has launched an artificial intelligence training programme for staff alongside the creation...

COMMENT

Why advisers can be part of the conveyancing team

There is a tendency to think the mortgage adviser’s involvement in conveyancing begins with recommending a firm and then largely ends once the client...

Why the AI revolution could be a golden age for financial advice

Every major technological shift creates the same debate: will it empower professionals to do more, or eventually replace them? Artificial intelligence is simply the latest...

Should mortgage advisers consider the emerging secondary market for life policies?

Mortgage advisers regularly help clients navigate major life changes. While much of the focus is naturally on borrowing, refinancing and insurance, there is another...

One mortgage journey no longer fits every borrower

In the mortgage market, we have lots of different ways of describing customers depending on where they are in their lives. We talk about...

Closing the protection gap starts with informed clients

Millions of people have no protection insurance coverage and could be left vulnerable in the event of a death in the family, serious illness...

Latest news

Green rent cap plan could squeeze buy-to-let affordability

Green Party proposals to restrict private rent increases for three years could make it...

Firms’ confidence in FCA rises as satisfaction hits 79%

Confidence in the Financial Conduct Authority has increased, with almost eight in 10 regulated...

Westmarq challenges surveying ‘duopoly’ as it targets lender business

Westmarq has challenged mortgage lenders to move more of their valuation business away from...

Advice firms step up technology use as integration remains key obstacle

Financial advice firms are taking a more proactive approach to technology, but integrating new...

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