News

Alternative Bridging completes £4.5m loan across multiple facilities

Alternative Bridging Corporation has structured and completed a £4.5 million loan package for a...

Chetwood Bank reaches £1bn mortgage lending milestone

Chetwood Bank has surpassed £1 billion in mortgage lending in the 2024/25 financial year,...

UK property prices hit new high… but growth slows

The average asking price for UK homes rose to a record £379,517 in May,...

Inheritance tax trap netting more average families

Thousands of middle-income families are being drawn into inheritance tax (IHT) liabilities once reserved...

North West surges ahead in off-plan sales as London slips

Mortgage brokers are being urged to reassess their regional strategies as new figures reveal...

Mortgage mental health champions complete challenge and smash £10k target

There were cheers, tears and tired feet in equal measure as two of the...

MT Finance hosts third annual charity football festival at Spurs’ stadium

Specialist lender MT Finance brought together professionals from across the lending industry this week...

Santander cuts rates across more than 60 mortgage products

Santander UK will reduce rates by up to 0.19% across more than 60 mortgage...

FCA survey underscores urgent need for action on vulnerability, says MorganAsh

Nearly half of UK adults are now classed as vulnerable, according to the latest...

Let’s Do Business Finance joins British Business Bank programme

Let’s Do Business Finance has been named as one of the first accredited lenders...

ModaMortgages opens door to day one remortgages for bridge exits

Specialist buy-to-let lender ModaMortgages has expanded its criteria to allow day one remortgages for...

Foundation Home Loans raises £550m with latest funding vehicle

Foundation Home Loans has completed a significant funding transaction worth £550 million, following strong...

Conveybuddy adds DP Law to conveyancing panel to boost regional reach in Wales

Conveyancing platform conveybuddy has announced the addition of Welsh legal firm DP Law to...

Atom bank’s goodwill approach helps secure West Midlands pub freehold

Atom bank has completed a £663,000 loan to fund the acquisition of a Wolverhampton...

COMMENT

Approvals hit a 2.5-year low: When broker value gets proven – or missed

Net mortgage approvals dropped to 56,200 in May – the lowest since December 2023 - down from 66,000 the month before. Net borrowing fell from...

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...

Latest news

Nationwide cuts mortgage rates across fixed and tracker range

Nationwide has cut mortgage rates across its fixed-rate range and reduced selected tracker products. The...

Top proptech providers join forces

Four of the UK’s leading Proptech providers – LMS, Landmark Information Group, InfoTrack and...

Landbay launches new remortgage AVM products

Buy-to-let lender, Landbay, has launched new premier remortgage AVM two-year fixed-rate products and reduced...

Second charge boost as industry veterans launch Flamingo Money

Two experienced specialist finance professionals have launched a new secured loans and second charge...

PROFILES