News

Skipton’s new mortgage gives FTBs a three-month payment holiday

Skipton Building Society has launched a new mortgage aimed exclusively at first-time buyers, offering...

Majority of specialist BTL brokers expect May rate cut

A clear majority of buy-to-let mortgage brokers are anticipating a reduction in the Bank...

Mortgage overpayments on the rise as confidence in UK housing steadies

UK homeowners are increasingly choosing to overpay their mortgages in a bid to shorten...

House sales dragging a month longer than expected

The average house sale in the UK is taking more than a month longer...

Bridging market predicts increase in demand

Confidence among brokers in the future of short-term lending is at its highest level...

The Market Harborough appoints chief risk officer

Market Harborough Building Society has appointed Wendy Fry as its new chief risk officer,...

Marsden adds new incentives to RIO mortgage offering

Marsden Building Society has announced a new round of enhancements to its Retirement Interest...

Gen H cuts high-LTV mortgage rates again as New Build Boost gains momentum

Residential mortgage lender Gen H has announced a fresh round of rate reductions for...

HTB trims bridging rates by 10bps

Hampshire Trust Bank (HTB) has announced a 10 basis point cut across its full...

MT Finance breaks 3% barrier with BTL rate cut

Specialist lender MT Finance has announced a reduction in rates across its buy-to-let range,...

Aspen completes £1.575m no-valuation bridge in nine days

Aspen Bridging has delivered a £1,575,000 no-valuation bridging loan in nine days to support...

Bridging finance proves more resilient than buy-to-let in high-rate environment

Bridging finance has shown greater resilience than buy-to-let (BTL) mortgages amid elevated interest rates,...

Paragon urges phased EPC reforms to avert rental sector disruption

Paragon Bank has called on the government to reconsider its proposed timetable for mandatory...

Monmouthshire Building Society adopts AI tech to accelerate mortgage approvals

Monmouthshire Building Society has announced a partnership with mortgage technology firm MQube in a...

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

Buying costs outpace house prices threefold since 2019

The cost of buying a home has risen more than three times faster than...

Nationwide appoints Kim Dickinson as intermediary product manager

Nationwide has appointed Kim Dickinson as lead product manager for intermediaries. Dickinson brings a wealth...

Metro Bank launches 100% LTV JBSP mortgage

Metro Bank has launched a 100% LTV Joint Borrower, Sole Proprietor (JBSP) mortgage. The mortgage...

Steve Hayes joins Specialist Hub

Steve Hayes has joined the Specialist Hub alongside Mike Brooks, with both now fully...

PROFILES