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Here is today's latest news from the world of mortgages and introducers. Join the debate by leaving a comment below a story. Remember, you will need to be logged-in to do this.

Breaking News

Connect adds Lenderlink and Fluent Money to second charge panel

Connect for Intermediaries has announced the addition of specialist brokers Fluent for Advisers and Lenderlink to its second charge panel. Connect’s ‘Network Members’ will have access to...

Fluent Money Group expands to Bolton

Lending distributor Fluent Money Group’s recent expansion has seen a significant increase in personnel, with over 250 employees based at its Horwich Head Office, outside Bolton. Originally...

Hinckley first UK lender to launch digital mortgage application system

Hinckley & Rugby Building Society is the first UK lender to go live with an innovative digital system developed in Denmark. Developed by Festina Finance, the system...

HLPartnership and Mortgage Support Network confirm later life lending seminars

HLPartnership (HLP) and Mortgage Support Network (MSN) will be hosting two seminars focusing on later life lending following their successful January roadshows on technology and marketing...

Customer relationship management tools free for appointed representatives

HLPartnership (HLP) and Mortgage Support Network (MSN) have announced that 360’s suite of marketing modules – normally paid for extras – will now be free to...

Leek United launches fixed rate mortgages with interest only options

Leek United has launched a new suite of mortgages including fixed rates with interest only, cashback and no fees options. Its new interest only two-year fixed rate...

Lenders have too much power over borrowers, says report

Over two thirds (68%) of British people think lenders have too much power over borrowers. The findings come from new online polling conducted by YouGov for the...

Advisers need to take a second-time approach in the protection market, says broker

Mortgage broker CLS Money is targeting protection advice as a vital part of its growth strategy in 2019. The Essex-based company also aims to concentrate on reviewing...

Mortgage rejection common among young homeowners

One in six mortgage holders have been rejected for a mortgage in the past, according to new research from Which? Mortgage Advisers. The survey found that one...

Pure Retirement launches new mobile app for advisers

Pure Retirement has announced the launch of its new adviser-facing mobile app. Believed to be the first of its kind in the British equity release sector, the...

Paragon achieves successful mortgage lending in Q4 2018

Paragon Banking Group has reported a 41% increase in new lending across all business lines in the last quarter of 2018. With a total of £661 million...

Brokers should prepare now to help mortgage prisoners

Mortgage brokerage CLS Money has warned advisers that it’s high time they revisit all of their customers who have struggled to remortgage and have since become...

Newbury Building Society launches retirement interest-only mortgage

Newbury Building Society has launched its first retirement interest-only (RIO) mortgage to support borrowers in their later life. Applicants must be a minimum age of 60 years...

Yellow Stone Finance launches referral service

Yellow Stone Finance has launched a referral service for intermediaries to place commercial property and business funding cases for brokers who would prefer to focus on...

Hinckley introduces cashback mortgage for first time this century

Hinckley & Rugby Building Society has launched a new cashback mortgage with no completion fee. The new residential mortgage is a two-year fix which gives the borrower...

Pepper Money grows sales team with new business development manager

Pepper Money has increased its sales support for brokers with the appointment of a new regional development manager for the North East. Mark Wilkinson joins Pepper Money...

Advisers should ask the right questions, says Paymentshield

Insurance administrator Paymentshield has launched a free online guide for advisers to stimulate conversations that could result in increased business and better customer outcomes. The guide, titled...

HLPartnership and Mortgage Support Network open Tech workshops

Mortgage and protection networks, HLPartnership (HLP) and Mortgage Support Network (MSN), are inviting non-members to join them at their technology and marketing workshops taking place this...

Knowledge Bank launches real time data on broker searches

Knowledge Bank has launched a real time management information (MI) product that will give lenders insight into the mortgage criteria that brokers are searching for. The product,...

HLPartnership and Mortgage Support Network strengthens compliance support

The privately-owned mortgage and protection networks, HLPartnership and Mortgage Support Network, have announced the appointment of five new compliance officers to work directly with members across...

Hinckley & Rugby introduces two new later life mortgages

Hinckley & Rugby Building Society has launched two new residential mortgages for later life borrowers, with the option of interest-only for up to 60% of the...

Pepper Money launches new buy-to-let limited edition

Pepper Money has launched a range of five-year fixed rate buy-to-let limited edition products. The range features a special flat fee option, with rates starting at 3.28%...

Millions of mortgage holders underestimated time it took to be mortgage free

Nearly a third (32%) of current mortgage holders, which equates to approximately 4 million people, may have to re-evaluate their finances as their estimated repayment age...

Young homeowners are paying off their mortgage faster than planned

Almost half of homeowners are making overpayments on their mortgages, according to new research from Which? Mortgage Advisers. Those aged 18-24 led the pack, with as many...

Connect for Intermediaries starts packaging for Zephyr and Fleet Mortgages

Connect for Intermediaries has become one of the first distributors to package for Zephyr, the buy-to-let lender recently launched by Computershare Loan Services, and Fleet Mortgages,...

Computershare launches buy-to-let lender Zephyr Homeloans

Computershare Loan Services has launched Zephyr Homeloans, a dedicated buy-to-let lender that provides a range of mortgage products for portfolio landlords and other specialist property investors. Following...

TBMC adds Family Building Society to its buy-to-let lending panel

Buy-to-let specialist TBMC has been added to the Family Building Society specialist packager panel. The firm will offer a range of buy-to-let products and packager exclusives, including...

Online activity helps to boost mortgage broker success

The emergence of new digital tools and services is becoming an increasing driver of intermediary mortgage business, according to Intermediary Mortgage Lenders Association (IMLA). Its report ‘The...

Mint Bridging offers financial support to Amicus

Mint Bridging has announced that it will consider the acquisition of Amicus Property Finance’s entire loan book. Following the news that Amicus Property Finance has halted lending...

National customer awards service voting deadline looms

The voting for the national customer service awards which recognises the nation's best mortgage brokers closes at the end of this month.  The ESTAS provides brokers with...

Competition at higher LTVs benefits first-time buyers

Data from Moneyfacts UK found the average two-year fixed rate at max 95% loan-to-value (LTV) is at a record low, while the choice of all fixed...

Shawbrook helps investor with complete property journey

Shawbrook and its newest ‘Strategic Partner’, Clever Lending, helped an experienced investor with a complete property journey, from purchase through to refurbishment and sale. The specialist lender...

Hinckley & Rugby launches BTL mortgages for limited companies

Hinckley & Rugby Building Society has launched buy-to-let (BTL) mortgages for limited companies that are exclusively available through the specialist mortgage distributor 3mc. The Society has created...

Pepper Money recruits head of products

Martin Brown has been appointed as the new role of head of products at Pepper Money. Brown joins from lifetime mortgage lender, Just, where he was propositions...

Brexit concerns softens mortgage market

A Brexit ‘uncertainty effect’ is washing over UK mortgage brokers after the largest drop in business volumes in more than two years. This is according to the...

Paymentshield launches interactive video for advisers

Paymentshield has launched a new interactive video to tackle some of the obstacles that can put off advisers from talking about general insurance with their clients. Through...

Three million borrowers may still be paying off their mortgage after retirement

A fifth of current mortgage holders believe they will still be paying off their mortgage beyond the age of 65 – equating to approximately three million...

Fluctuating costs ‘unsettle’ BTL mortgage market

New figures released from Mortgage Brain show that the buy-to-let (BTL) mortgage market remains ‘unsettled’ with mixed movement seen in the cost of BTL products over...

Borrowers pay £15.4 billion in ‘unnecessary’ SVR interest each year

A staggering £15.4 billion of annual interest is being paid by mortgage borrowers sitting on their lenders’ standard variable rate (SVR), according to new analysis from...

Leeds launches buy-to-let variable mortgages from 1.14%

Leeds Building Society has launched two new discounted but-to-let mortgages. The society aims to support landlords to actively manage their property portfolios as they work through the...

House prices in ‘Leave’ areas outpace ‘Remain’

Since the Brexit vote, house prices have increased across the UK by 9.3%, with market uncertainty surrounding the exit being blamed for a slowdown in the...

The Nottingham launches video advice system to cater for growing demand

Over one in five (22%) consumers said they would want to use a branch-based mortgage advice service, according to a new study by Nottingham Building Society...

Secure Trust Bank enters Right to Buy

Secure Trust Bank Mortgages has launched a range of mortgages for tenants using the Right to Buy Scheme to purchase their existing home. Loans are available up...

Growth in number of approvals to small deposit borrowers

First-time buyers and existing homeowners capitalised on low rates across the market in October, according to fresh research from e.surv. Its latest Mortgage Monitor found that there...

Over half of borrowers rejected because the mortgage industry is ‘not fit for purpose’

The mortgage industry is failing to keep up with modern borrowers, according to a new study conducted by Together. It revealed that more than half of borrowers...

Annual house price growth slows to lowest rate in five years

Average property prices in the three months to October were 1.5% higher than in the same three months a year ago, according to the latest Halifax...

Pepper Money appoints new national account manager

Pepper Money has appointed Phil Quinn to the new role of National Account Manager. Quinn will work with Pepper Money’s key distribution partners, including networks, clubs and...

Hinckley & Rugby scraps max age limit across mortgage range

Hinckley & Rugby Building Society has removed any maximum age limit for the term end of its entire range of mortgages, including residential and buy-to-let. The previous...

HL Partnership appoints new managing director

Managing director of Mortgage Support Network (MSN), Shaun Almond, has been appointed to the role of MD of sister network HL Partnership (HLP). The move, which is...

General Insurance made easy via new unique systems integration

A unique systems integration between Paymentshield and The Key has made it possible for mortgage advisers to gain instant access to a range of general insurance...

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