News

Metro Bank slapped with £16m fine for AML failings

The Financial Conduct Authority (FCA) has fined Metro Bank £16,675,200 over failures to monitor...

Active Mortgages adopts CRM from Acre

Active Mortgages, a mortgage brokerage which specialises in arranging solutions for self-employed individuals, business...

Green Mortgages becomes Stonebridge AR

National mortgage and protection network, Stonebridge, has welcomed national mortgage brokerage, Green Mortgages, to...

OneDome acquires mortgage broker

OneDome has announced its acquisition of Albany Park, a specialist UK mortgage advisory firm. The...

Pluto Finance provides £25m senior development loan

Pluto Finance has completed a £25 million senior development finance loan for a commercial...

Time Finance recruits regional sales manager

Time Finance has appointed Andrew Maude to the post of regional sales manager within...

CHL Mortgages hires Essex and East Anglia BDM

CHL Mortgages has appointed Shaun Persaud as its new business development manager (BDM) for...

Afin Bank appoints chief people & operating officer

Afin Bank has appointed Nicola Tunney as its chief people & operating officer. Tunney, who...

VAS Panel develops new HMO report template

VAS Panel has introduced a standalone Houses in Multiple Occupation (HMO) Short Form Report...

Director of insurance broker hit with £1m fine and ban

The Financial Conduct Authority (FCA) has fined Leigh Mackey £1,102,879 and banned him from...

PRS full of properties with poor EPC ratings

67% of landlords own own at least one property that does not meet the...

CSS recruits 27 through trainee surveyor scheme

Countrywide Surveying Services (CSS) has hired 27 trainees via its AssocRICS trainee programme. The firm’s...

LiveMore lowers minimum equity on over-50s’ mortgages

LiveMore has lowered the amount of equity required for its standard interest-only mortgages by...

Dudley BS launches lower rate two-year discount residential mortgages

Dudley Building Society has introduced three two-year discount mortgage products for residential borrowers. The products...

COMMENT

Cashback should put conveyancing into the advice conversation

One of the more interesting findings from our latest quarterly statistics was the position of Nationwide Building Society, which accounted for 25% of all...

Why ownership structure matters in buy-to-let

It's a scenario brokers encounter every day. Two landlord clients approach them about the same type of buy-to-let property, with similar levels of equity...

You own the shares, but are you really just the custodian?

I've built three businesses and I've said the same thing most entrepreneurs have probably said to their mates and family at some point: "Give...

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...

Latest news

AI-driven direct lending could erode mainstream mortgage advisers’ market share

Mortgage lenders could use artificial intelligence to attract more customers directly, putting pressure on...

Stamp duty exemption for downsizers could revive housing transactions

Removing stamp duty for older homeowners and people moving to smaller properties could help...

Interest rate expectations too pessimistic as inflation pressures ease

Financial markets may be overestimating the outlook for UK interest rates, with inflation potentially...

Landlords face changing buy-to-let market as lenders predict continued demand

Specialist lenders expect the buy-to-let sector to remain resilient despite regulatory changes, although attracting...

PROFILES