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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

Third of mortgage advisers think Brexit will have a positive effect

Almost a third of mortgage advisers believe that Britain’s exit from the EU will have a positive or very positive effect on their business. This is according...

Bank of Mum and Dad to lend 23% more in 2017

The so-called Bank of Mum and Dad will lend 23% more funds in 2017, putting it on a par with the UK’s ninth largest mortgage lender. Research...

Vida Homeloans enhances buy-to-let criteria

Specialist mortgage lender Vida Homeloans has announced significant changes to its specialist buy-to-let range, enhancing its lending criteria and building on its market launch.  The firm has...

Hometrack to provide valuation services to TSB

Property data firm Hometrack has been appointed by TSB to be its long-term partner for Automated Valuation Model (AVM) services. The analytics business will supply the TSB...

Total gross mortgage lending to hit £260 billion this year

The mortgage market will reach its highest level of gross lending since the financial crisis during 2017, the Intermediary Mortgage Lenders Association (IMLA) has predicted. As part...

March housing supply at lowest point since records began

The number of properties available to buy through estate agents in March was the lowest level recorded for the third month of the year since records...

Northern Ireland sees highest mortgage sales growth in March

Research carried out by Equifax Touchstone, analysing the intermediary marketplace, has revealed that Northern Ireland had the highest regional mortgage sales growth in the UK in...

Legal & General appoints Operations Director for lifetime mortgages

Mike Thompson has been appointed to the role of Legal & General’s Operations Director for its lifetime mortgage business. Before joining Legal & General Home Finance, Thompson...

Mortgage Brain and TMA Mortgage Club extend relationship

The partnership between TMA Mortgage Club and Mortgage Brain has been extended, with TMA committing to offer Mortgage Brain's latest technology solutions to its “Directly Authorised”...

Procuration fee for switch products announced by Paragon Mortgages

The introduction of procuration fees for brokers on its full range of switch products has been announced by Paragon Mortgages.   A fee of 0.25% will be paid...

Are high street lenders failing mortgage borrowers?

A study has revealed that many British consumers are fed up of mortgage lenders' impersonal and 'computer says no' approach. Research found that a high proportion of...

Regulated mortgage ‘robo-adviser’ to launch in the UK

MortgageGym.com, which claims to be the world’s only regulated mortgage robo-adviser, will be launched in the UK in the coming months, the platform has announced.  The website...

Average landlord LTVs continue to fall, reports Paragon

Gearing amongst landlords remained low in the first quarter of the year, according to Paragon Mortgages, with the average loan-to-value (LTV) ratio decreasing by 2% to...

Landbay reduces BTL rates and refreshes landlord criteria

Buy-to-let mortgage lender Landbay has announced that it has refreshed its product range aimed at both amateur and professional landlords, reducing rates and product fees across...

‘Mortgage accessibility at post-MMR high’ - IMLA

Brokers are encountering fewer difficulties when sourcing mortgages for clients than at any point since the introduction of the Mortgage Market Review (MMR) in April 2014,...

Hometrack extends long-standing HSBC relationship

HSBC has signed a one-year contract extension with property analytics business Hometrack, securing the delivery of valuation and risk services for a twelfth consecutive year.  Hometrack will...

Growth plans and new hires revealed by The Mortgage Lender

The Mortgage Lender, known also as TML, has this week announced 12 new hires across its business. One key appointment is Laura Sneddon, who joins from Together...

Lender receives recognition for its adviser education sessions

Equity release lender more 2 life has received accreditation from the Chartered Insurance Institute (CII) for its adviser webinar programme. The programme - which comprises webinar session...

Fee-free and high LTV products launched by Hinckley & Rugby

Hinckley & Rugby Building Society has launched two new fee-free high LTV mortgages. The fix then discount products are completely fee-free and are available at up to...

Expert speakers for Legal & General roadshow announced

Legal & General Mortgage Club has announced the names of a selection of industry experts who will be speaking at its upcoming roadshows. The events – taking...

Wholesale changes made to New Street Mortgages buy-to-let range

Comprehensive changes have been carried out by New Street Mortgages to its buy-to-let proposition. The changes, which go live today (28 March), include a new low rate...

Furness appoints new Head of Products

Furness Building Society has appointed Euan Ballantyne as its new Head of Products. A seasoned retail and business banking professional, Ballantyne joins Furness from his previous role...

Quarter of young Brits have given up on home ownership

A quarter of young people believe the only way they'll ever own a home is by inheriting cash, research by Halifax has revealed. The majority of those surveyed...

Has the mortgage market returned to pre-crisis levels?

The range and number of mortgage products now available is almost at the same level as before the financial crisis. This is according to Matt Cassar, managing...

Moneyfacts Awards finalists announced

The Moneyfacts Group has announced the finalists for its awards ceremony, taking place on June 6 in the Pavilion at the Tower of London.  The awards celebrate...

Tenet announces tie-up with Vida Homeloans

Tenet, a Leeds-based mortgage adviser support group, has announced a new partnership with specialist lender Vida Homeloans, the latest in a number of new tie-ups the...

Accord expands remortgage range

Two competitive fixed-rate mortgages with no upfront fees and added features have been launched by Accord Mortgages. The move has been carried out to help borrowers...

Vida launches loan calculator

Specialist mortgage lender Vida Homeloans has announced the launch of its new online Residential Max Loan Calculator (‘Max’), which aims to help intermediaries find the right...

Independent mortgage adviser wins top award

Daniel Bailey, an independent mortgage adviser from North Derbyshire, has bagged one of the financial industry’s most prestigious awards. Bailey, director of Middleton Finance, has been crowned...

Free registration for MBE Leeds open to brokers

Registration for the Mortgage Business Expo (MBE) Leeds is now open for brokers, IFAs and financial intermediaries. Organisers report that stands have already by purchased by NatWest,...

Magellan to distribute its products via Black Book Finance

Specialist mortgage lender Magellan Homeloans has announced that it will distribute its product range via Black Book Finance. Launched last November, Black Book assists brokers with mortgage...

First Complete panel welcomes Furness Building Society

A tie-up between Furness Building Society and First Complete, which will give First Complete advisers full access to Furness’ wide range of residential and buy-to-let products,...

Landbay pairs up with Brilliant Solutions

Peer-to-peer mortgage lender Landbay has partnered with mortgage packaging and distribution experts Brilliant Solutions to provide a range of specialist lending products to the buy-to-let market. Landbay,...

Another new appointment for Magellan Homeloans

Specialist mortgage lender Magellan Homeloans has appointed Pauline Hibbert as Regional Sales Manager. Once in post, she will have responsibility for the East Midlands region. With over...

‘Brokers must update landlords on tax changes’

First Complete and Pink are calling on mortgage brokers to update their landlord clients on buy-to-let tax changes coming into force next month. From April 6, mortgage...

Small deposit buyers increase share of UK mortgage market

Small deposit buyers were given a New Year boost, with their share of the mortgage market increasing in January 2017. Small deposit borrowers – often first-time buyers...

Kent Reliance reduces rates across entire BTL range

Mortgage lender Kent Reliance - part of OneSavings Bank - has announced major changes to its specialist buy-to-let mortgage range. The firm has slashed rates to 2.99%...

IMS appointed to Help to Buy South panel

Broker IMS Independent Mortgage Solutions has been appointed to the Help to Buy South panel of recommended financial advisers. IMS is the only mortgage broker in Bicester...

Magellan Homeloans announces partnership with 3mc

Specialist mortgage lender Magellan Homeloans has announced it will distribute its full range of mortgage products through the specialist distributor and packager 3mc. As a result, intermediaries...

Eleven buyers chasing every property, say estate agents

As the supply/demand imbalance continues there is an average of 11 prospective buyers chasing every property for sale, according to NAEA Propertymark (National Association of Estate...

Together expands buy-to-let range

New products aimed at expats and a simplified buy-to-let range have been launched by specialist lender Together. The hatful of changes to its buy-to-let range include lower...

Legal & General to kick off sixth roadshow this spring

Legal & General Mortgage Club has announced that it will be hosting its annual series of Mortgage Club LIVE events for this sixth time this spring. The...

Hinckley & Rugby Building Society reports year of growth

The annual results published by Hinckley & Rugby Building Society has revealed robust growth in its mortgage lending and savings balances.  In the year to the end...

Magellan and PMS announce tie-up

Members of the PMS Mortgage Club will have access to Magellan Homeloans full range of products, after an agreement was reached between the two parties.  Intermediaries will...

Accord to boost borrowers with new tracker mortgage

Accord Mortgages has launched a new tracker mortgage with no early repayment charges. The lender says this new product will give borrowers a 'helping hand' during a...

Together appoints two new managers to commercial team

Specialist lender Together has confirmed the appointments of two new managers to its commercial team as it continues with ambitious growth plans. David Walsh has joined as...

Overseas buyers and expats routinely rejected for mortgages

Overseas buyers and British expats are finding it increasingly difficult to purchase property in the UK without correct advice, according to deVere Mortgages. The firm’s observation follows the...

Research reveals strengthening house price sentiment

The latest House Price Sentiment Index (HPSI) from Knight Frank and IHS Markit has revealed that households throughout the UK perceive that the price of their...

Paragon’s new broker portal launched

A new broker portal platform has been launched by lending specialist Paragon Group, assisted by financial sevices software provider BEP Systems. The portal, based on BEP’s cloud-based, modular...

Remortgaging boom a sign of growing uncertainty, says broker

A significant rise in people re-mortgaging to improve their existing homes could hit the new-build property market during 2017, mortgage broker Chris Schutrups has warned. Schutrups, managing...

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