News

Conveyancer decline adds to capacity pressure as exchange times lengthen

The number of solicitors working in residential conveyancing has continued to fall as separate...

Skipton extends Delayed Start mortgage to more home movers

Skipton Building Society has widened access to its Delayed Start Mortgage, allowing more home...

Capco urges firms to keep customer outcomes central amid Consumer Duty reforms

Proposed changes to the scope and proportionality of Consumer Duty could reduce unnecessary compliance...

Darlington backs first-time landlords with £54k limited company buy-to-let

Darlington Building Society has completed a £54,000 limited company buy-to-let mortgage at 80% LTV...

Most landlords now use rolling tenancies as legal checks remain rare

Nearly four in five landlords are now operating exclusively with rolling tenancies, while around...

JammJar adds AI document analysis and broker automation tools

JammJar has expanded its AI-powered operating system for mortgage advice firms with new document...

Wealth at Work names Mark Duckworth as next chief executive

Wealth at Work has appointed former Schroders Personal Wealth and Openwork chief executive Mark...

Mortgage labels risk putting older borrowers off advice

Terms such as "later life lending" and "equity release" risk creating barriers between borrowers...

Advisers face pressure to bring families into retirement planning

Advice firms risk weakening long-term client relationships by failing to involve partners and beneficiaries...

Bank Rate held at 3.75% as energy shock raises prospect of future increase

The Bank of England has kept Bank Rate at 3.75%, but warned that persistent...

Family BS names Seb Mrotzek as first chief operating officer

Family Building Society has appointed Seb Mrotzek as chief operating officer, creating the role...

FLA calls for FCA regulation of litigation funders

The Finance & Leasing Association has called for commercial litigation funders to be brought...

National Friendly adds three senior hires

National Friendly has made three appointments across its marketing, actuarial and business development teams...

Two-thirds of older borrowers assume lenders impose age limits

Almost two-thirds of brokers believe older borrowers still assume all mortgage lenders impose age...

COMMENT

Harpenden’s expat move could be bigger than the numbers suggest

Harpenden Building Society’s move into expat mortgages this summer has been good news for brokers and borrowers. But I think its importance goes beyond...

We need to wait to get a clearer picture

It's been a week where the political and economic backdrop has moved almost as fast as rates themselves, and it's worth taking stock of...

Leasehold valuation reform: the consultation is asking only half the question

The Government's consultation on leasehold enfranchisement valuation rates is important because it will help determine what leaseholders pay to extend leases or buy freeholds,...

What commonhold will mean for mortgage lenders and brokers

Commonhold is often presented as the straightforward alternative to leasehold. It removes the freeholder, gives flat owners greater control and avoids some familiar problems...

Why you need to know what sits behind the average review score

There’s a funny thing about review scores. The better they are, the less likely we are to question them. If a company is sitting at...

Latest news

Millions of households exposed to financial shocks despite apparent stability

Millions of UK households that appear financially secure could struggle to absorb an unexpected...

The Mortgage Hut adopts Instamo tool to speed up mortgage applications

The Mortgage Hut has introduced Instamo's FastSubmit technology to reduce the amount of manual...

FCA sets out timetable for major expansion of anti-money laundering supervision

The FCA expects to begin taking over anti-money laundering supervision of legal, accountancy and...

MAB revenue rises as refinancing drives mortgage completions

Mortgage Advice Bureau reported an 8.6% increase in first-half revenue to £161.0m as higher...

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