News

HTB provides £3.2m York development exit facility

Hampshire Trust Bank’s bridging finance team has delivered a £3.2m development exit loan for...

Access FS completes 72 broker microsites

Access Financial Services has finished the first phase of an initiative where it creates...

IHT-enforced sell-off avoided with Suros Capital loan

Suros Capital has come to the aid of a family faced with selling off...

Accord supports FTBs with £6,250 cashback mortgage

Accord Mortgages has unveiled a new mortgage range offering up to £6,250 cashback to...

Virgin Money cuts select purchase, remortgage and BTL rates

Virgin Money is reducing selected fixed rates today (Friday 28 March). Details are as follows: Exclusive...

New CEO of Simplybiz announced

Fintel has announced the appointment of Tom Hegarty as the new CEO of Simplybiz,...

Profits up at Skipton Business Finance

Skipton Business Finance (SBF) has posted a 13% rise in pre-tax profits to £10.8...

Rockstead appoints senior BDM to bolster proposition

Rockstead has announced that Tony Botteley has been appointed as a senior business development...

Market Harborough grows mortgage book by £66m

Market Harborough Building Society has reported a pre-tax profit of £3.4m for 2024. The specialist...

Aspen signs Heter Iska agreement opening door to Jewish property professionals

Aspen Bridging has signed a Heter Iska agreement allowing the business to finance Jewish...

LV= reports strong 2024 financial results as protection and equity release flourish

LV= reported strong performance in the key areas of protection and equity release with...

Magnet Capital makes three new appointments to support growth

Magnet Capital has strengthened its team with the appointment of two new underwriters and...

Thousands risk fallout after divorce by failing to update financial information

New research from Legal & General (L&G) has revealed that a significant number of...

YBS Commercial appoints associate director for the North

YBS Commercial Mortgages has appointed Rosie Morrow as a new associate director. She joins 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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