News

MPowered reduces pricing on two & three-year fixes

MPowered Mortgages has cut its two and three-year fixed-rate mortgages. The changes are applicable to...

Coventry for intermediaries reduces rates on select fixed rate deals

Coventry for intermediaries has lowered selected fixed rates for both residential and buy-to-let applications. Rates...

District & County Investments joins BDLA

District & County Investments has become the latest lender to join the Bridging &...

Inspired Lending funds industrial site acquisition

Inspired Lending has completed a £2.4 million bridging facility to facilitate the acquisition of...

ASG Finance launches HNW funding offering

ASG Finance, a provider of commercial bridging solutions, has launched Base Rate Beater secured...

First-time buyer activity recovery continues

UK house prices experienced a 0.4% increase in February, marking the sixth consecutive month...

Housing market steadies as January sees 14% annual rise in transactions

Residential property transactions showed signs of stabilisation at the start of the year with...

Virgin Money cuts selected purchase, remortgage & product transfer BTL rates

Virgin Money has implemented reductions in selected buy-to-let fixed mortgage rates, effective today, Friday,...

LHV Bank funds hotel acquisition amid group restructuring

LHV Bank has provided a £2.3 million commercial investment loan to assist with the...

Suros Capital provides finance for new art gallery

Suros Capital, the luxury asset-backed short-term lender, has provided finance to support the opening...

HREF completes £14.2m development exit loan

Hilco Real Estate Finance (HREF) has provided a £14.2m development exit loan to Torsion...

Redwood Bank launches new HMO landlord

A first-time landlord has successfully entered the property investment sector, converting two Bristol properties...

UTB Bridging provides £1.2m heavy refurb loan

United Trust Bank (UTB) Bridging has completed a £1.2 million heavy refurbishment loan to...

Mortgage lending up but profits down at YBS

Yorkshire Building Society (YBS) has reported a pre-tax profit of £383.7 million for 2024,...

COMMENT

The FCA protection market study shouldn’t ignore redundancy

Considering a third of employers are likely to implement staff redundancies by January 2027, according to Acas, redundancy cover shouldn’t be ignored in wider...

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....

Latest news

Goldman Sachs discloses 3.15% stake in Secure Trust Bank

Goldman Sachs has reported a 3.15% voting interest in Secure Trust Bank following a...

Market Harborough launches rental scheme offering deposit contributions to first-time buyers

Market Harborough Building Society is offering aspiring homeowners the chance to recover 60% of...

Tipton adds discounted rates for expat and limited company landlords

Tipton & Coseley Building Society has expanded its variable rate buy-to-let mortgage range with...

WIS Mortgages sets out five-year adviser growth strategy

WIS Mortgages has announced a five-year growth plan centred on expanding its adviser community...

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