News

Crown takes over commercial portfolio servicing

Crown Mortgage Management has been called under standby to service a £1 billion securitized...

First direct unveils BBR plus 2.48% tracker

First direct has launched what it claims is a market leading offset tracker mortgage. It...

Massive shake-up at Cattles

Following the completion of an independent forensic review, Cattles has sacked five key executives. On...

Welcome Car Finance to shut

Cattles is to close its direct distribution car retailer, Welcome Car Finance. The board told...

Cattles’ shares suspended

The Financial Services Authority (FSA) has temporarily suspended Cattles' securities from the Official List...

Cattles shares slump after accountancy error warning

Embattled sub-prime lender Cattles has admitted that there has been a breakdown in internal...

Cattles suspends new lending at Welcome

Cattles has "temporarily" suspending lending to new customers in Welcome Finance with immediate effect....

COMMENT

Commonhold and RTM: do not mistake control for simplicity

Commonhold is presented as a fairer form of flat ownership. Right to Manage (RTM) is sometimes portrayed as a quick way for residents to...

No holidays: advice firms need a plan for a busy August

Every summer, the same quiet risk runs through the intermediary market. Advisers, case managers and administrators go on holiday. Specialist lending cases, which have...

Every rate shock is becoming a test of the modern mortgage business

Halifax, Barclays and HSBC increased selected mortgage rates by up to 0.20% this week, effective 21 July. Halifax removed its sub-4% deals entirely. Barclays'...

Your next client is probably more complicated than your last one

There's a shift happening in the mortgage market that most small firms aren't ready for. It's not about rates. It's not about the political...

Why post-contract variation is becoming the mortgage market’s next battleground

For much of the past decade, mortgage technology investment has focused on origination and with good reason. Faster decisions in principle, automated affordability assessments,...

Latest news

Beverley enhances SIPP income assessment

Beverley Building Society has introduced a tiered approach to assessing income from self-invested personal...

Commonhold and RTM: do not mistake control for simplicity

Commonhold is presented as a fairer form of flat ownership. Right to Manage (RTM)...

Conveyancing costs hold at 0.53% of house prices

Conveyancing costs remained unchanged as a proportion of UK house prices during the year...

No holidays: advice firms need a plan for a busy August

Every summer, the same quiet risk runs through the intermediary market. Advisers, case managers...

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