x
By using this website, you agree to our use of cookies to enhance your experience.

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

Equity release customers ‘value repayments and drawdown’ most

The ability to make interest payments and capital repayments are becoming increasingly important for equity release customers as products develop, according to adviser research from AKG. The...

Hodge offers ‘Early Repayment Promise’ across mortgage product range

Hodge has announced the extension of its Early Repayment Promise (ERP) feature across all of its residential mortgage products. The move follows the bank’s decision to lower...

Just Mortgages targets £1 million increase in remortgage business

Just Mortgages has bolstered its client services team to drive increased remortgage and protection business for its brokers. Headed by operations manager Jessica Brome, the team is...

Roma Finance slashes bridging and development rates

Roma Finance, the bridging, buy-to-let and development finance lender, has cut rates across its product range. This follows further funding lines with Royal Bank of Scotland and...

Advise Wise launches mortgage club for later life market

Later life lending specialist Advise Wise has announced the launch of its mortgage club to complement its services for the later life lending market. The move will...

Hodge lowers minimum age of its entire residential mortgage range

Hodge Lifetime has lowered the minimum age of its residential interest-only mortgage from 55-plus to 50. This is in line with its retirement interest-only (RIO) mortgage, meaning...

First 4 Bridging appoints BDM for the North West

First 4 Bridging (F4B) has extended its services to the North West of England with the appointment of Simon Bancroft as business development manager. His role will...

Hinckley slashes rates for first-time buyer-friendly mortgages

Hinckley & Rugby Building Society has cut the interest rates on three mortgages particularly attractive to first-time buyers. The fee-free mortgages are available for buyers with modest...

Connect for Intermediaries adds Blacks Connect to solicitor referral panel

Connect for Intermediaries has added intermediary conveyancing firm Blacks Connect to its ‘Solicitor Referral Panel’. Blacks Connect is part of the full-service law firm Blacks, with a...

‘All change’ in broker criteria searches in the run-up to 2020

There is evidence of continuing volatility in the mortgage market, with different criteria searches among brokers reaching the top five, according to the latest analysis from...

Hinckley cuts rates for high LTV fee-free cashback mortgage

Hinckley & Rugby Building Society has cut the interest rate on its fee-free five-year fixed rate mortgage at up to 95% loan-to-value (LTV). The charging rate for...

Bonus-friendly mortgages can boost borrowing power by up to £33,000

Workers who received a festive bonus and are looking to purchase a property in 2020 could boost their borrowing power by up to £33,000, according to...

Money Advice Scotland to pilot open banking tool

Money Advice Scotland is piloting open banking technology from Experian which could help it to significantly speed up the early stages of debt advice. The money charity’s...

Pure Retirement launches changes to its ‘heritage’ range

Pure Retirement has started the new year by making changes to its heritage range criteria, aiming to give consumers more choice when it comes to managing...

Boost in complex buy-to-let business to continue in 2020, says Paragon

The increase in portfolio and complex buy-to-let business seen over the past two years is set to continue in 2020, according to Paragon. With landlords looking for...

Mortgage applications to be ‘as simple as car insurance’ in the next 10 years - claim

Mortgage applications will soon be as simple as buying car insurance for many borrowers, as technology begins to revolutionise the housing sector, according to a leading...

Could Britain’s empty homes accommodate the homeless?

Utilising just 41.4% of Britain’s empty homes could house the homeless, according to research by estate agent comparison website, GetAgent.co.uk. Shelter estimates there are 320,000 homeless people...

Cybersecurity service launches to give financial services firms peace of mind

A cybersecurity startup with a new 24-hour monitoring service has launched to provide peace of mind for financial services firms. bluedog Security Monitoring aims to offer firms...

Buy-to-let mortgage costs drop as 2019 draws to a close

Mortgage costs in the buy-to-let (BTL) market have continued to fall over the last three months, according to Mortgage Brain. Its quarterly product data analysis revealed that...

House price growth has slowed by half since Brexit

Brexit has caused UK house price growth to half since June 2016, according to property management company Apropos. The digital platform, designed and built by DJ Alexander,...

Landbay exits retail P2P lending to focus on institutional investment

Buy-to-let mortgage lender Landbay has officially closed its retail investment arm and exited the peer-to-peer lending market in favour of becoming an institutional-only platform. Over the last...

Just Mortgages selects eleven new trainees for broker academy

Eleven new brokers will begin training with Just Mortgages’ broker academy in the New Year. The new members will join the firm’s employed division, with a further...

New-build homebuyer activity set to spike amidst busiest time of the year

The level of new-build properties being sold has picked up as we approach the end of the year, while sales across the regular market have dropped...

Mortgage Advice Bureau launches General Insurance tech for advisers

Mortgage Advice Bureau (MAB) has partnered with Legal & General and Uinsure to launch B&C InstantQuote to its national network of mortgage and protection advisers. The technology...

Finding a property is more stressful than obtaining a mortgage, movers say

While obtaining a mortgage makes moving home a stressful experience, finding and securing a property is more anxiety-inducing to 46% of movers. That is according to a...

Roma Finance lends £716k re-bridge for development opportunity

Paragon’s ‘Commercial Lending’ division provided 100% funding for a customer to acquire a development site with planning permission. The case – which was introduced by Positive Lending...

UK intermediaries plan to ‘weather the storm’ of political upheaval

Intermediaries believe they can hold out against the uncertainty being caused by Brexit and the general election, according to the Intermediary Mortgage Lending Association (IMLA). Its latest...

Paragon launches buy-to-let discounted variable rate mortgages

Paragon has launched a new range of buy-to-let purchase and remortgage products for portfolio and non-portfolio landlords. The discounted rates for two and five years start at...

Buy-to-let borrowing stable despite market slowdown

The buy-to-let market has remained relatively stable despite the decline in overall mortgage business during Q3 2019, according to Paragon Bank. Its latest Financial Adviser Confidence Tracking...

ULS Technology launches digital portal for brokers

Conveyancing technology provider ULS Technology has announced the arrival of DigitalMove Remortgage for mortgage brokers. This new functionality aims to help brokers deliver a customer-centric digital journey...

Brilliant Solutions partners with Knowledge Bank

Brilliant Solutions has teamed up with Knowledge Bank as its exclusive criteria search provider. Members of Brilliant Solutions – which helps brokers to access the best mortgage...

Investor demand for bridging finance continues in Q3

For the third consecutive quarter, the most popular use of a bridging loan was to purchase investment property, according to Bridging Trends data. The study highlights how...

Commercial finance specialists should broaden their lender panels – FIBA

The Financial Intermediary & Broker Association (FIBA) is asking members to consider the Bank of England’s (BoE’s) warning about lenders cutting access to funding in Q4...

Leave voting areas witnessed faster-growing house prices

With the outcome of Brexit hanging in the balance, ‘Leave’ voting areas have recorded higher average house price increases than ‘Remain’ voting areas since the EU...

Time to sell across the UK hits three-year high

The time it takes to sell a home across UK cities has hit a three-year high, according to Zoopla. Its September UK Cities House Price Index revealed...

Majority of people refused a mortgage

A vast majority of mortgage enquires come from people who have been refused a mortgage due to not being a ‘perfect candidate’, according to Mortgage Experience. The...

Roma Finance lends £1.85 million in largest ever case

Roma Finance has provided a loan of £1.85 million in its largest ever case. The loan was for Arcot Grange Developments Ltd to acquire a partly-built residential...

Millions of people may need support from brokers in the next year

An estimated 1.26 million people with adverse credit are looking to buy a property in the next 12 months, according to Pepper Money. The research, which was...

Pilot scheme launched to help advisers digitally connect with clients

A free pilot seminar has been launched to demonstrate how advisers can use websites and social media channels positively. Launched by financial website provider Adviser Portals and...

Zephyr Homeloans joins the Legal & General panel

Legal & General Mortgage Club has appointed Zephyr Homeloans to its lender panel to enable authorised advisers to access its buy-to-let products. The lender provides mortgage products...

Commercial brokers are resilient against post-Brexit outlook

Almost seven in 10 (67%) commercial mortgage brokers feel confident about the lending environment in 2020 despite the current political climate, according to Shawbrook Bank. Its ‘Broker...

FIBA welcomes Pension-Led Funding to its lender panel

The Financial Intermediary and Brokers Association (FIBA) has extended its range of lending options for members with the appointment of Pension-Led Funding to its lender panel. The...

Mortgage Advice Bureau opens its 30th UK mortgage shop

Mortgage Advice Bureau (MAB) opened the doors to its 30th high street mortgage shop in Dorchester on Thursday 3 October. The opening of MAB Dorchester – which...

Furness for Intermediaries cuts rates for first-time buyers

Furness for Intermediaries has made reductions across its 95% product range. This includes the two-year fixed rate products, which now start from 3.08% with an option of...

Hinckley & Rugby expands later life lending options

Hinckley & Rugby has bolstered its later life lending offer with a new five-year fix and slashed the interest rates on two existing later life products. The...

How can mortgage brokers future-proof their business?

The property finance industry is rapidly changing. Everyone who’s part of it wants to know where we are heading, what’s working and what’s going to change. In...

Help to Buy ISAs supported nearly 89,000 property purchases in 2018

The number of property purchases supported by Help to Buy ISAs increased by 8% this year, rising from 82,940 in 2017/18 to 88,580, according to ludlowthompson. The...

Interest-only mortgages remained a popular mortgage criteria search in August

‘Interest-only loans’ have maintained their place in the top five most searched-for criteria in August after making their very first appearance in July’s index, according to...

Home improvement rather than home movement can ‘boost secured loans’

Fluent for Advisers has reported an increase in home improvement secured loan requests from introducers. The latest second-charge figures for June from the Finance & Leasing Association...

Majority of lenders are positive about future of the commercial mortgage market

Some 77% of lenders believe the number of loans they broker will increase, showing a positive outlook for the future of intermediaries, according to Spotcap. The business...

Zero Deposit Zero Deposit Zero Deposit