News

NatWest increases maximum procuration fee

NatWest is increasing its maximum procuration fee payable, following market feedback from brokers. The bank...

UTB grows team as it targets sector expansion

United Trust Bank (UTB) is targeting an improvement on its record 2021 asset finance...

Record December for asset-based lender

Asset-based lender, Independent Growth Finance (IGF), has reported £140m of new lending in the...

London continues to see lowest annual house price growth

The Office for National Statistics (ONS) has revealed that UK average house prices increased by...

Rental yields keeping pace with property prices

Fleet Mortgages has published the latest iteration of its Buy-to-Let Rental Barometer covering Q4...

Four-fifths of brokers optimistic about new build sector

TMA Club research has revealed that 79% of brokers feel optimistic about how the...

Bluestone Mortgages to take part in MyIdentity pilot

Etive Limited, coordinators of the MyIdentity scheme for home buying and selling, has revealed...

Tenet boosts client vulnerability support for advisers

Tenet Compliance Services (TCS) has strengthened its support for Directly Authorised advisers by introducing...

Key: size of withdrawals driving equity release market

A record £4.4 billion in property wealth was released in 2021, according to data...

Rents continue to rise due to property supply pressure

The Deposit Protection Service (DPS) has reported that average UK rents increased for the...

Shawbrook completes £11.5m buy-to-let mortgage

Shawbrook Bank, in conjunction with Strategic Partner Coreco Commercial, has supported a customer with...

Suros lends on fine wine collection

Suros Capital has completed a short term loan of £100,000 for a US based...

Fiduciam secures extra £400m funding and cuts rates

Fiduciam has secured £400 million of new funding to be lent in 2022. As...

Hodge reports 173% rise in holiday let mortgages applications

Specialist lender Hodge has seen a 173% increase in the number of holiday let...

COMMENT

Leasehold reform has a September window – will Burnham use it?

At the time of writing, the Commonhold and Leasehold Reform Bill still has no published First Reading date.  But is it imminent? Andy Burnham entered...

Advisers need an answer for evolving landlords

It’s a tough time to be a landlord. The succession of changes to tax and regulation made in recent years - with the Renters’...

AI doesn’t remove bias. It gives us the chance to manage it

One of the great promises of artificial intelligence has always been objectivity. Machines, unlike people, do not have bad days. They do not favour...

Commonhold reform: Devil in the detail

The government's language on leasehold reform remains forthright. Ministers speak of, “bringing the feudal leasehold system to an end,” of returning power to homeowners...

Managing cashflow and risk in today’s turbulent market

Over the past decade buy-to-let landlords have become accustomed to operating in a market where it can often feel like change is the only...

Latest news

FCA bans CEO over fake €200m bond portfolio

The Financial Conduct Authority (FCA) has fined and banned two former Blue Horizon Asset...

Pivotal reports 121% growth in second charge lending

Pivotal has reported a 121% year-on-year increase in second charge lending through its Believe...

ModaMortgages trims limited-edition five-year fixed rates

ModaMortgages has reduced rates by up to 10 basis points across its limited-edition five-year...

Providence agrees deal to acquire Hometrack

Providence Equity Partners has agreed to acquire Hometrack, the residential property valuation and risk...

PROFILES