News

August boost for asset finance market

The Finance & Leasing Association (FLA) has revealed that total asset finance new business...

Short-term lender appoints head of sales for the north

Sancus has recently appointed Melanie Fourie as head of sales (North), based in Manchester. Fourie...

Regional disparities in use of equity release for house purchase

South West England, South East England and London are currently accounting for 46% of...

Bluestone Mortgages posts £8m profit

Bluestone Mortgages has announced a record profit after tax of £8m for the financial...

ULS technology completes Amity Law purchase

ULS technology has completed the acquisition of property law firm, Amity Law, to help...

Mortgage Industry Mental Health Charter launches

Seven mortgage-related businesses have joined forces to launch the Mortgage Industry Mental Health Charter...

Rise in new self-employed borrower criteria searches

Knowledge Bank’s criteria tracker for September has indicated that mortgage advisers are working with...

Pepper Money improves residential mortgage offering

Pepper Money has expanded its Limited Edition residential product range. The offering is now available...

Cloud-based mortgage software provider acquired

Finova has acquired BEP Systems, the provider of cloud-based mortgage and savings software in...

Mortgage marketeers advised to ‘immerse’ themselves in the customer

The mortgage industry must ‘immerse itself’ in the needs of its customers if it...

Just Mortgages launches mental health support

Broker firm, Just Mortgages, has launched a support scheme to help self-employed brokers with...

Coventry for intermediaries unveils new FTB range and policy

Coventry for intermediaries has launched a new range of mortgages for first-time buyers. The range...

Naismiths opens two new offices

National property consultancy Naismiths is expanding its operations in both East Anglia and Western...

Atom bank widens prime and near-prime criteria

Atom bank is making changes to its lending criteria for both Near Prime and...

COMMENT

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...

Is there such thing as a ‘typical borrower’ anymore?

What is a typical borrower? A few decades ago, it would have been a salaried employee, single source of income and, most likely, a...

Private credit has reached its next stage of maturity

Every lending market experiences moments that prompt uncomfortable questions. A high profile default, allegations of poor governance or a significant loss inevitably lead to...

Latest news

Auction sales rate falls as buyers become more selective

The proportion of property auction lots sold fell to 64.7% in July as buyers...

Untangled completes Ampla Finance rebrand with new website

Specialist lender Untangled has launched a new website, completing its transition from Ampla Finance. The...

L&G cuts rates for new optional payment lifetime mortgages

L&G has introduced rate reductions of between 0.01% and 1.00% for new customers taking...

Mortgage payments are leading source of financial pressure for borrowers

More than half of UK mortgage holders worry about their repayments at least once...

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