News

New towns plan may help supply but risks falling short, says former RICS chair

The government’s announcement of seven proposed new towns has been broadly welcomed as a...

Buy-to-let mortgage rates rise as landlords face fresh cost pressures

Buy-to-let mortgage rates have risen sharply this month, while landlords are also facing further...

Virgin Money to take mortgage application systems offline for five days

Virgin money has announced that its Virgin Money and Clydesdale online application platforms will...

Parental support for adult children is reshaping retirement plans

Three in five parents with children aged over 18 are providing financial support, with...

LISA payouts near £140m as industry warns against disrupting first-time buyer support

The Lifetime ISA delivered almost £140m in government bonuses last year, as industry figures...

Mortgage borrowing rises as approvals edge higher in February

Mortgage borrowing and approvals both increased in February, although activity remains close to recent...

Previously flooded homes face insurance premiums more than double UK average

Homeowners in properties that have previously flooded are paying 121% more for home insurance...

FCA and ICO tell firms GDPR is no excuse for failing vulnerable customers

A joint statement from the Financial Conduct Authority and the Information Commissioner’s Office has...

Together adds nCino Banking Advisor to lending operations

Together has adopted nCino Banking Advisor as it looks to improve efficiency in processing...

e4 Strategic unveils panel management platform for conveyancers and lenders

e4 Strategic has launched a new panel management platform aimed at helping lenders oversee...

LHV Bank begins AI customer service trial with Gradient Labs

LHV Bank is testing whether agentic artificial intelligence can help its retail customer service...

Rate rises squeeze demand as brokers lean on ‘needs-based’ borrowers

Rising mortgage costs driven by global uncertainty are beginning to weigh on borrower demand...

Finova Broker appoints Ben Radford to lead Broker Payments

Finova Broker has promoted Ben Radford to head of Finova Broker Payments, the mortgage...

Lloyds data glitch exposed details of up to 447,936 banking customers, MPs told

Up to 447,936 customers of Lloyds Banking Group were affected by a data breach...

COMMENT

Cutting stamp duty will make the housing crisis worse

Every time the housing market stalls the same thing happens and people call for stimulus, this time: abolish stamp duty. The logic feels intuitive -...

The money sitting in your back pocket that you keep forgetting to pick up

Let me give you a number. Almost half of UK mortgage holders would struggle to meet their payments within six months of losing their...

Smart Data can solve the UK’s homebuying bottleneck

For many of us, buying a home remains one of the most stressful and frustrating experiences we will ever undertake. Despite advances in digital banking,...

The 1.8 million problem nobody’s talking about

There's a number that should be keeping every mortgage firm owner awake right now. 1.8 million. That's how many fixed rate mortgages are expiring...

Lenders urged to do more as purchase market slows

High street lenders - including TSB, Lloyds, Santander, and NatWest - have all been reducing rates and making changes to their product ranges over...

Latest news

TAB promotes Bonner to chief risk officer

Specialist lender TAB has appointed Jack Bonner as chief risk officer as it continues...

Skipton BS lowers residential rates

Skipton Building Society is reducing rates across parts of its residential mortgage range from...

AMI refreshes brand to reflect advice, mortgages and insurance focus

The Association of Mortgage Intermediaries has launched a brand refresh intended to reflect its...

IMLA guide explains why fixed mortgage rates can rise before Bank Rate moves

IMLA has published a report and five-minute guide to help advisers explain how swap...

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