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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.

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Teach money management and mortgages at school, urges industry firm

In response to last week's Housing White Paper, mortgage management firm Computershare Loan Services has urged the government to make sure school children are taught how...

Scottish borrowers are most active mortgage switchers

Mortgage borrowers in Scotland are the most proactive when it comes to switching products, according to new research. A YouGov study, commissioned by online mortgage broker Trussle, found...

Vida Homeloans cements new relationship with Mortgage Intelligence

Vida Homeloans and Mortgage Intelligence have announced a new tie-up, allowing Mortgage Intelligence members access to Vida’s specialist residential mortgage range. Vida, a specialist lender based in...

First-time buyers on the up, research reveals

The latest research from Connells Survey & Valuation has revealed that January saw an increase in the number of first-time buyers jumping on to the property...

New head of sales recruited by Mint Bridging

Bridging lender Mint Bridging has appointed Sinead Moynihan as its Head of Sales. She will be based at the company’s head office in Manchester and will...

Buy-to-let mortgage costs remain at record lows

Buy-to-let mortgage costs have stabilised at record lows, according to analysis by Mortgage Brain. Costs have continued to fall on an annual basis, according to the report. For...

Strong 2016 growth for Connells Group’s mortgage division

Connells Group's mortgage division recorded significant growth in 2016, the firm has reported. The Group recorded a 10% rise in the number of mortgages arranged compared to...

Kensington announces rate changes across the board

Kensington Mortgages has cut rates across its residential and buy-to-let product range.  The lender, part of the Northview Group, has launched a new 2.99% rate on its...

Key mortgage appointment announced by HSBC

High-street bank HSBC has appointed Jackie Uhi as its new head of mortgage distribution. Uhi has spent the last six years working at Barclays, most recently as...

Pepper Homeloans to market products via TMA

Pepper Homeloans is to market its specialist mortgage products via The Mortgage Alliance (TMA).  TMA’s brokers will have full access to Pepper Homeloans’ range of residential and...

New non-executive director announced by Furness

Furness Building Society has made another new appointment, this time announcing Philip McLelland as non-executive director.  McLelland, a commercial finance director with considerable experience and expertise in...

NACFB: FSCS Levy is an expensive route to welcome destination

The £15 million supplementary levy imposed on mortgage brokers by the Financial Services Compensation Scheme (FSCS) will hit the best-qualified brokers hardest, according to the National...

Pricing of short-term buy-to-let mortgage products hits all-time low

The average pricing of two and three-year fixed rate buy-to-let mortgages is at an all-time low. This is according to the latest Index published by Mortgages for Business. The...

Teachers Building Society launches new fixed-rate range

An assortment of new fixed-rate mortgages across all its LTV ranges has been launched by Teachers Building Society. Teachers Building Society, which, as the name suggests, was...

Kent Reliance partners up with TMA

Specialist mortgage lender Kent Reliance has partnered with The Mortgage Alliance (TMA) to offer a direct submission route for its brokers. The lender, part of OneSavings Bank...

New Finance Director appointed by Furness Building Society

The appointment of Matthew Dobson as Finance Director has been announced by Furness Building Society. Dobson, who has over 15 years of banking experience, previously occupied senior...

Popularity of shared ownership on the rise

Conveyancing firm My Home Move's latest research has revealed that the appeal of shared ownership schemes has risen by over 130% since 2011. With house prices increasing...

Online lender launches refurbishment product for property investors

Online mortgage lender LendInvest has launched a new refurbishment finance product.  The finance solution is aimed at property investors who want to renovate or refit properties. Although similar...

Residential mortgage range enhanced by Pepper Homeloans

Specialist lender Pepper Homeloans has enhanced its entire range of residential mortgage products. It's done so by slashing most of its existing rates and introducing new...

Legal & General extends partnership with Ipswich Building Society

An announcement has been made by Legal & General Mortgage Club about the extension of its partnership with Ipswich Building Society.  To increase its involvement and share...

Furness Building Society teams up with Brilliant Solutions

The Furness Building Society has confirmed that its full product range will now be made available to Brilliant Solutions' direct to lender mortgage club.  The organisation partnered...

Key appointment for Precise Mortgages

Specialist lender Precise Mortgages has announced the appointment of Dan Watson to its sales team. Watson will work predominantly in the South East providing support to the...

Metro Bank cuts residential rates and launches new tracker

High street lender Metro Bank has reduced the rates on its three-year and five-year residential mortgage range. It has also announced the launch of a new five-year...

Online mortgage broker secures investment of £4.5 million

An online mortgage broker has announced that it has received backing from fintech investors all over Europe to the tune of £4.5 million. Trussle, which launched in...

Accord expands range of offset mortgages

Accord Mortgages used the beginning of February to launch five new options to its offset range. The intermediary-only lender’s new measures include a choice of mortgages...

Maximum personal mortgage loan size upped to £1 million by Together

In an effort to increase its customer base and address rising property prices, specialist lender Together has opted to up its maximum personal mortgage loan amount...

Mortgage affordability on the rise as rates remain at record lows

Mortgage affordability is increasing for first-time buyers, home movers and remortgagors, according to the latest index from Mortgage Advice Bureau (MAB). The average required income for those...

Remortgage activity continues to increase, research reveals

Homeowners remortgaged for an average of £15,000 more in 2016 than they did two years ago, with 57% of remortgage cases due to capital raising.  Research by...

Furness launches two new buy-to-let products

Two new five year fixed-rate buy-to-let products have been launched by Furness for Intermediaries, strengthening the firm's product range and its commitment to the buy-to-let sector.  First...

Lender extends lifetime mortgage range with flexible products

Financial mutual OneFamily has extended its lifetime mortgage range, increasing its number of products from four to six.  The two new additions are flexible interest-rate paying products...

InterBay simplifies mortgage range for buy-to-let and HMO

InterBay Commercial, part of specialist lending group OneSavings Bank, has strengthened its buy-to-let proposition with simplified pricing and rate drops. By adopting a single tier approach to...

Society of Mortgage Professionals expanding roadshow in 2017

The Society of Mortgage Professionals (SMP) has announced that it is expanding its roadshow this year from 10 to 12 regional events. This year's schedule of events...

Embrace technology to improve customer experience, brokers tell lenders

Mortgage brokers are urging lenders to use more technology in order to improve customer experience. This is the message from new research carried out by Capita Mortgage...

Buy-to-let borrowing hit by high house prices and tougher lending criteria

Average buy-to-let loans and deposits increased in 2016, new research from The Mortgage Broker Ltd has revealed. This came as a result of soaring property prices and...

New lender partnership announced by Commercial Trust

A leading buy-to-let broker has partnered with a new lender to improve its selection of offerings. Commercial Trust has added Vida Homeloans to its panel of lenders,...

Digital Mortgage range expanded by Atom Bank

The UK’s first bank built exclusively for mobile customers has extended its Digital Mortgage range, with 80% LTV and 85% LTV rates available. Atom Bank, which was...

IMLA on the lookout for new executive director

The Intermediary Mortgage Lenders Association (IMLA) is on the lookout for a new executive director.  The news follows Peter Williams' announcement that he will be stepping down...

New Street Mortgages launches new reduced buy-to-let rates

New Street Mortgages has announced rate reductions across its buy-to-let mortgage range. It has reduced the rate for its two-year discount product to 1.59% at 65% LTV...

Mortgage proposition relaunched by Castle Trust

A relaunch of its mortgage proposition has been carried out by finance company Castle Trust. The relaunch includes a glossy new website and low-cost telephone number...

Digital mortgage broker secures £5.5 million investment

Digital mortgage broker habito has raised £5.5 million in investment funding.  The firm says it will use the money to enhance the technology behind its service, which...

Offset mortgage incentive extended by Accord

Borrowers taking out an offset mortgage have a few days left to be given a helping hand by Accord Mortgages. The intermediary-only lender has extended its...

Special bridging rate launched by Roma Finance

Bridging finance lender Roma Finance is launching a special 0.75% bridging rate until Valentine's Day. The firm has announced a special time-bound offer on residential investment first...

Compliance at the coal face

The principal issue we come up against as we go around the UK visiting all our brokers is a lack of a coherent, structured Training &...

Buy-to-let lender announces new functionality ahead of tax changes

TMBC, a lender specialising in the buy-to-let market, has announced the launch of new functionality for its sourcing and quotation system. Intermediaries will now be able to...

Mortgage professionals show support for equity release qualification

The adviser community has offered broad support to the merits of a standalone equity release qualification, according to a joint survey carried out by the Society...

Kent Reliance makes two key appointments

Steve Seal has been promoted by lender Kent Reliance to Head of Sales with immediate effect, as a direct reward for successfully leading and developing the...

Brokers find it increasingly tough to secure buy-to-let mortgages for clients

Buy-to-let mortgages are becoming increasingly hard to secure, new research has revealed. The majority of brokers surveyed in the latest Broker Sentiment Survey said they are...

Mortgage costs on the rise, research reveals

The latest product data analysis from Mortgage Brain has revealed that recent predictions about potential increases in mortgage costs are starting to come to fruition. This...

Why banks and building societies should be lending to the over 50s

Following the introduction of new lending rules in April 2016, under the Mortgage Market Review (MMR), many banks and building societies have refused to offer mortgages...

Paragon Mortgages launches into residential market

Paragon Mortgages has entered the residential mortgage market after announcing the launch of a new range of products for owner-occupiers.  The lender, which is best-known for its...