News

Two in five consumers confused by inheritance process

New research reveals widespread confusion among UK consumers about what happens when they inherit,...

Allica Bank completes £5.85m bridging facility

Allica Bank has completed a £5.85 million bridging facility to help fund the purchase...

UTB Mortgages completes £1.7m complex remortgage in 25 working days

United Trust Bank’s specialist mortgage division has completed a £1.7m remortgage in 25 working...

Bank of England cuts rates to 4.25% in knife-edge MPC vote

The Bank of England has reduced the Bank Rate by 25 basis points to...

Castle Trust Bank enhances broker experience with launch of PULSE platform

Castle Trust Bank has unveiled a new application and processing system for intermediaries, marking...

Kuflink raises LTV thresholds and backs title indemnity to cut delays

Bridging lender Kuflink has announced a series of updates to its lending criteria, aimed...

Together reports rise in profit and lending despite slowdown in origination volumes

Together Financial Services has posted an 11% increase in underlying profit before tax for...

House prices edge higher, reports Halifax

House prices rose by 0.3% in April, according to the latest Halifax House Price...

Fiduciam lowers rates across UK and EU lending markets

Fiduciam has announced significant interest rate reductions across its bridging and development loan products,...

Fall in April transactions following Stamp Duty holiday expiration

The UK housing market continued to falter in April as buyer demand and agreed...

LiveMore calls for clarity in later life lending

LiveMore, the mortgage lender specialising in products for those aged 50 to 90 and...

Lloyds Banking Group names new head of strategic & technology partnerships

Lloyds Banking Group has appointed Frances Cassidy to the role of head of strategic...

Virgin Money cuts BTL and residential rates

Virgin Money will introduce a fresh wave of rate reductions across its residential, buy-to-let...

Investec targets UK expats with bespoke buy-to-let mortgage offer

Investec Bank has launched a new buy-to-let mortgage proposition tailored specifically for high-net-worth UK...

COMMENT

If AI gives us more time to think, we must learn how to think well

The great promise of AI in financial services is usually expressed in terms of what it can remove. Less administration, less duplication, fewer manual...

The right scrutiny is a precursor of growing lending safely

Credit markets have always had to accommodate change, but there are periods when the assumptions on which they have been built begin to move...

Only one in five of your clients thinks your fee was justified

You know the moment. 40 minutes in. Gone well. They like you, you like them, everyone's getting on. Then you have to say the fee. And...

I’m 49. My dad’s 73. Between us we’ve found the hole in later life lending

I turn 50 in December, and the marketing has already started. Funeral plans, over-50s life cover, “guaranteed acceptance” adverts wedged between the football highlights....

Buying scale was phase one. What happens next?

Mortgage distribution is in a race for scale. Capital wants market share. Consolidators want distribution. Networks want advisers. Good businesses are commanding serious valuations. If I...

Latest news

Badenoch pledges no IHT or stamp duty on family homes

Kemi Badenoch has pledged to remove inheritance tax from family homes and scrap stamp...

RICS: Housing market recovery falters as buyer demand weakens

The UK housing market lost momentum in September as rising interest rate expectations weighed...

Cost pressures hold back demand for energy-efficient home upgrades

More than a third of Britons want to improve the energy efficiency of their...

TPFG buys 25% stake in property and mortgage AI business Enteka

The Property Franchise Group (TPFG) has taken a 25% stake in Enteka AI as...

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