News

Average Stamp Duty bill hit £9.9k in 2023

Homebuyers paid an average Stamp Duty bill of £9,937 in 2023, according to analysis...

360 Dotnet hails £35bn in lending on platform during 2023

360 Lifecycle facilitated £35 billion in lending last year. Q2 marked a record-breaking quarter with...

Hodge increases maximum loan sizes

Hodge is raising the maximum loan size on its Professional, 50+ and RIO mortgage...

Paragon unveils new five-year BTL fixes

Paragon Bank has added five-year fixed rate products to its buy-to-let mortgage range. Rates...

Virgin Money adds new 95% LTV two-year fix at 5.49%

Virgin Money is making changes to selected products. The changes will take place on 1...

Rosemount Financial Solutions (IFA) teams up with SortRefer

Rosemount Financial Solutions (IFA) has announced a partnership with conveyancing panel, SortRefer. The...

Nationwide: house prices up 0.7% month in January

Nationwide Building Society has reported that UK house prices rose by 0.7% in January,...

Gen H improves adverse credit criteria

Gen H has unveiled changes to its credit criteria that it claims will materially...

Legal & General Retail claims CMO report “signals a new era of workplace wellbeing”

Legal & General Retail has announced the publication of the inaugural edition in a...

Pure Retirement joins IMLA

Pure Retirement has become the latest lender to join the Intermediary Mortgage Lenders Association...

Tandem makes key digital and marketing appointments

Tandem has announced the appointment of Maria Khan as director of product and digital...

Skipton BS cuts over 40 mortgage rates

Skipton Building Society is reducing rates once again across its mortgage product range. The rate...

New brand identity for Sirius Finance

Sirius Finance has revealed a new brand identity which it argues provides a more...

Aldermore provides £47m refinance loan to Leeds property firm

Aldermore Bank has provided a subsidiary of the Pickard Properties Group with a £47m...

COMMENT

Commonhold and RTM: do not mistake control for simplicity

Commonhold is presented as a fairer form of flat ownership. Right to Manage (RTM) is sometimes portrayed as a quick way for residents to...

No holidays: advice firms need a plan for a busy August

Every summer, the same quiet risk runs through the intermediary market. Advisers, case managers and administrators go on holiday. Specialist lending cases, which have...

Every rate shock is becoming a test of the modern mortgage business

Halifax, Barclays and HSBC increased selected mortgage rates by up to 0.20% this week, effective 21 July. Halifax removed its sub-4% deals entirely. Barclays'...

Your next client is probably more complicated than your last one

There's a shift happening in the mortgage market that most small firms aren't ready for. It's not about rates. It's not about the political...

Why post-contract variation is becoming the mortgage market’s next battleground

For much of the past decade, mortgage technology investment has focused on origination and with good reason. Faster decisions in principle, automated affordability assessments,...

Latest news

Home improvements remain leading reason for equity release

Home adaptations and improvements remained the most common reason for taking out a lifetime...

TMG launches consumer advice business

TMG Mortgage Network has launched a consumer-facing business offering mortgage, protection and later life...

Bridging Soup launches major market research initiative

Bridging Soup has launched a new research initiative to build a clearer picture of...

Just one in seven homes records five years of growth

Fewer than one in seven UK homes increased in value during every year of...

PROFILES