x
By using this website, you agree to our use of cookies to enhance your experience.
STAY CONNECTED!
  
newsletter-button

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

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...

Brightstar launches guide to help brokers tackle interest-only mortgages

Brightstar Financial has launched a guide for brokers to better advise their clients on interest-only mortgages and later life lending. The guide comes after predictions that over...

Castle Trust appoints new BDM for the North

Castle Trust has appointed Charissa Chang as business development manager (BDM) for the North. With over 17 years of experience working at Together and Tenet Group, Chang...

Landlords remortgaging reaches an all-time high

The number of landlords looking to remortgage has now reached an all-time high, according to a survey by Paragon. Its Financial Adviser Confidence Tracking (FACT) Index surveyed...

Millennials forced to delay marriage and kids to get on the property ladder

People aged 18-34 are having to make sacrifices not experienced in previous generations to get onto the property ladder, according to a new study by Trussle. The...

Half of brokers see rise in bridging loan volume

Demand for bridging loans increased in the third quarter of 2018, according to bridging lender mtf. Its latest Broker Sentiment Survey found that almost half (48%) of...

New partnership aims to encourage growth in P2P lending market

Landbay has chosen Oracle NetSuite to create a more accessible buy-to-let mortgage marketplace for investors, borrowers and brokers. Through NetSuite, Landbay will be able to process loan...

Larger deposit borrowers see market share squeezed

First-time buyers and others with small deposits took a greater share of the market last month than in August, according to e.surv. Overall approval levels also rose...

One in three homeowners unaware of their mortgage rate

As many as one in three UK homeowners don’t know what mortgage rate they are on, potentially costing them thousands of pounds each year, according to...

More clarity is needed around future of Help to Buy scheme, says IMLA

The Intermediary Mortgage Lenders Association (IMLA) is urging government to provide clarity around the future of the Help to Buy Equity Loan Scheme (HTB) to prevent...

The Bank of Mum and Dad to initiate tougher lending rules

Tougher lending rules are surfacing after the expansion of the Bank of Mum and Dad (BOMAD) into one of the UK’s biggest lenders, according to a...

TMA to offer mortgage criteria search system via Knowledge Bank

TMA Mortgage Club has become the first development application (DA) Club to offer mortgage criteria’s search system after its agreement with Knowledge Bank. The agreement follows a...

One third of landlords deterred by compulsory three-year tenancies

Almost one third of landlords say they would be less likely to purchase new rental property if compulsory or default three-year tenancies were introduced, according to...

Pepper Money to acquire Optimum Credit Ltd

Pepper Money has finalised the terms to acquire 100% of the second charge lender, Optimum Credit Ltd. The purchase will see Pepper Money acquire Optimum Credit’s entire...

BBC’s Martin Roberts set to speak at MBE London

Mortgage Business Expo (MBE) has announced it will be featuring a presentation by the presenter of Homes Under the Hammer, Martin Roberts. The TV property guru will...

Mortgage Brain sales team welcomes three new members

Following its continued growth, Mortgage Brain has appointed three new members to its sales team. Josh Christie, Kosta Kostadinov and Sophia Smith join as new telephone sales...

Accord to offer Help to Buy mortgages along with new-build lending

Accord Mortgages has announced a range of new or enhanced initiatives designed to support brokers with new-build cases. This includes a range of mortgages up to 90%...

Bluestone Mortgages launches new Help to Buy range

Bluestone Mortgages has announced the launch of its new Help to Buy range which will cover the England and London schemes. Available across all of Bluestone’s credit...

The Finance Professional Show to feature Zopa co-founder

James Alexander, co-founder and former chief executive officer of Zopa, has been confirmed as the keynote speaker at The Finance Professional Show. Previously a pioneer in peer-to-peer...

Mortgage Brain to provide an insight into the future at Mortgage Vision 2018

Mortgage Brain has launched this year’s series of Mortgage Vision events. Now in it’s ninth year and having celebrated a 22% increase in attendance in 2017, Mortgage...

Assetz Capital partners with Connect for Intermediaries

Assetz Capital has agreed a deal with Connect for Intermediaries to be the first network that it distributes its products through. The peer-to-peer lender will provide commercial...

Digitizing the mortgage market remains a top priority for banks

Intelenet Global Services has launched a new ‘Lending Suite’ to help banks generate mortgage offers in as little as 30 minutes. The number of mortgages approved for...

Shawbrook announces new additions to its sales team

Shawbrook has announced the additions of Amanda Meadows and Shrena Patel to the commercial mortgages sales team as business development managers (BDMs). With over 20 years of...

Hinckley & Rugby cuts interest rates

Hinckley & Rugby Building Society has cut the interest rates on three of its 95% loan-to-value (LTV) residential mortgage products. Its five-year fixed rate mortgage sees its...

CMME launches second charge mortgage solution

CMME has announced a second charge mortgage solution for contractors, business owners and other professionals looking to take advantage of their home equity. With total second charge...

Shawbrook says goodbye to managing director

Shawbrook has announced the departure of Karen Bennett, managing director of commercial property. With nearly two decades of experience in the mortgage industry, Bennett decided to step...

HL Partnership embraces retirement interest-only lending

The launch of retirement interest only (RIO) products by lenders provides a valuable alternative to the growing number of later life borrowing options available to older...

Fluent Money launches first mobile app for equity release

Specialist lending distributor Fluent Money Group has announced the launch of Fluent Lifetime Ltd on mobile. The company will be offering equity release and later life lending...

TBMC launches new online application form

TBMC has launched a new online application form for intermediaries to submit their buy-to-let mortgage cases directly via the TBMC website. The buy-to-let mortgage specialist hopes that...

Pepper Money partners with Clever Lending

Brokers using Clever Lending now have access to Pepper Money’s full range of specialist residential and buy-to-let mortgage products. Launched in 2014, Clever Lending offers a packaging...

Bank of Mum and Dad seeking financial and legal advice

The Bank of Mum and Dad is now seeking financial advice and guidance, according to new research from Key. The independent equity release advisor conducted a nationwide...

'Ageing population is putting a strain on later life lending model' - IMLA

Homeowners are ageing at a faster rate than the UK population as developments in post-retirement lending put a strain on the current model of financial advice,...

Are you ready for The Finance Property Show?

The Finance Property Show will return for its fifth year and will feature almost 100 lenders and providers. Known as one of the leading events where intermediaries...

valpal
submit