News

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

AI doesn’t remove bias. It gives us the chance to manage it

One of the great promises of artificial intelligence has always been objectivity. Machines, unlike people, do not have bad days. They do not favour...

Commonhold reform: Devil in the detail

The government's language on leasehold reform remains forthright. Ministers speak of, “bringing the feudal leasehold system to an end,” of returning power to homeowners...

Managing cashflow and risk in today’s turbulent market

Over the past decade buy-to-let landlords have become accustomed to operating in a market where it can often feel like change is the only...

Is there such thing as a ‘typical borrower’ anymore?

What is a typical borrower? A few decades ago, it would have been a salaried employee, single source of income and, most likely, a...

Private credit has reached its next stage of maturity

Every lending market experiences moments that prompt uncomfortable questions. A high profile default, allegations of poor governance or a significant loss inevitably lead to...

Latest news

L&G cuts rates for new optional payment lifetime mortgages

L&G has introduced rate reductions of between 0.01% and 1.00% for new customers taking...

Mortgage payments are leading source of financial pressure for borrowers

More than half of UK mortgage holders worry about their repayments at least once...

StrideUp cuts HMO and MUFB finance rates and raises broker fees

StrideUp has reduced rates across its houses in multiple occupation (HMO) and multi-unit freehold...

West One expands mortgage sales team with four appointments

West One has appointed four members to its mortgage division sales team as the...

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