News

Landlords concerned about Section 21 abolition plans

75% of landlords are very concerned about plans to abolish Section 21 ‘no fault’...

Aspen provides £6.95m dev loan in five days

Aspen has completed a £6.95m light development loan at 75% LTV in five days...

Signature appoints new relationship manager

Signature Property Finance has appointed Richard Winston as its relationship manager for the South...

West One Loans hires two new BDMs

West One Loans has expanded its business development manager (BDM) team with two new...

Time Finance appoints invoice finance relationship manager

Time Finance has appointed Ann Geater as a relationship manager within its invoice finance...

Starling Bank fined £29m for systems and controls failings

The Financial Conduct Authority (FCA) has fined Starling Bank Limited £28,959,426 for financial crime...

Saffron BS cuts rates and adds new contractor and self-employed options

Saffron for Intermediaries has made rate reductions across its complete product range and also...

MPowered Mortgages cuts three-year fixed rates

MPowered Mortgages has reduced its three-year fixed rate range available to new borrowers. Its lowest...

Triple Point Private Credit secures new funding for MT Finance

Triple Point Private Credit has helped to secure £40 million in corporate revolving credit...

Molo now offering two-years deals from 2.99%

Molo Finance has introduced a third tier of product fees across its UK resident...

Aldermore provides £13.1m loan for Dundee PBSA build

Aldermore Bank has provided a £13.1m loan for the development of a new build...

Bridging lender opens two new offices

Black & White Bridging is opening two new offices this week. It is expanding...

Smart Money People launches vulnerability survey

24 lenders, mortgage clubs, networks, and industry bodies have collaborated with Smart Money People...

Nationwide acquires Virgin Money

Nationwide Building Society has completed its acquisition of Virgin Money. Together, the organisations will be...

COMMENT

How brokers can secure better client outcomes in a volatile market

Experience has always counted in the mortgage market. Brokers who worked through the financial crisis, the Covid pandemic, the Liz Truss mini-Budget and cost-of-living...

Housing reform needs a thriving private rental sector, not just a thriving sales and purchase market

One of the most encouraging developments over recent weeks has been the renewed focus on improving the homebuying and selling process. The Government's plans to...

The economics of developing the next generation of advisers

Over the past couple of decades, I have worked alongside literally thousands of AR and DA firms, from businesses employing one or two advisers...

Is Andy Burnham the New Messiah or just Starmer with better eyebrows?

What a damning indictment of Labour that Andy Burnham appears to be strolling towards the leadership in what looks less like a contest and...

Approvals hit a 2.5-year low: When broker value gets proven – or missed

Net mortgage approvals dropped to 56,200 in May – the lowest since December 2023 - down from 66,000 the month before. Net borrowing fell from...

Latest news

LSL Financial Services appoints interim managing director

LSL Financial Services has appointed Piotr Nowosad as interim managing director to lead its...

Mortgage demand slows in second quarter as higher rates hit affordability

Higher borrowing costs weighed on mortgage demand during the second quarter, although Stonebridge says...

Omni Protect becomes first service provider to adopt Beagle Street intermediary proposition

Omni Protect has become the first service provider for directly authorised firms to offer...

Dudley BS rolls out new mortgage platform to all brokers

Dudley Building Society has completed the rollout of its new mortgage origination platform to...

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