News

Second charge market is fastest growing area of property lending

Secured loans are the fastest-growing segment in the post-pandemic UK property finance market, according...

Russell Quirk launches new podcast for mortgage brokers and property professionals

Seasoned property expert and TV pundit Russell Quirk is bringing his industry insights to...

Newcastle tops UK property market for fastest sales; Blackpool lags behind

Newcastle upon Tyne has been revealed as the fastest property market in the UK,...

Virgin Money ups mortgage rates across 5-year fixed product range

Virgin Money is implementing a series of mortgage rate increases across its 5-year fixed...

Redwood Bank appoints CFO to help shape next phase of growth

Redwood Bank has announced the appointment of Sergio Cruz as its new chief financial...

Market Harborough improves fixed and variable rate product offerings

Market Harborough Building Society has made enhancements to its residential and let variable and...

Suffolk Building Society launches 3-year fixed rate expat mortgages

Suffolk Building Society has introduced two new fixed-rate expat mortgage products, offering a three-year...

The Exeter appoints chief operating officer

The Exeter has announced the appointment of Suzy Esson as its new chief operating...

Coventry Building Society joins Iress Lender Connect platform

Coventry Building Society has become the latest lender to join Lender Connect, Iress’s API-driven...

Meridian Mortgages Group acquires new build specialist

Meridian Mortgages Group has acquired Bedfordshire-based brokerage William Lowden & Associates. With a combined track...

Yearly rental yields strengthen across England and Wales

The average rental yield across England and Wales now stands at 7.4% - an...

Investec cuts mortgage fees and caps charges for HNW clients

Investec Bank has announced a series of changes to its mortgage offering for high...

UK buy-to-let market boost as lending rises 39% in Q4 2024

The UK’s buy-to-let market saw a sharp rise in new lending in the final...

Market Financial Solutions cuts bridging and Fusion rates

Market Financial Solutions has lowered rates across both its bridging and Bridge Fusion ranges. The...

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

Mortgage brokers have little to fear from AI, says Mortgageforce boss

Mortgage brokers should embrace artificial intelligence rather than fear it will ultimately replace them,...

Waiting for completion causes greater anxiety than saving for a deposit

Delays towards the end of the homebuying process are a greater source of anxiety...

Leasehold delays put Christmas property completions under pressure

Homebuyers hoping to complete before Christmas face increasingly tight deadlines, with leasehold transactions and...

Conveyancing firms warned over risks of uncoordinated AI adoption

Conveyancing firms risk undermining the benefits of artificial intelligence unless they address weaknesses in...

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