Breaking News

Breaking News

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.

Written by Peter Mitchell

Mortgage lending holds up in March as 63,500 granted

Lenders granted more mortgages in March than the six-month average, according to the latest figures from the Bank of England. ...

Almost half of renters ready to buy if mortgage matched rent

Nearly half (47%) of renters would buy now if their mortgage payments matched their current rent, according to the Mortgage Advice Bureau. ...

Buy-to-let market remains viable investment as RRA brings certainty, claims mortgage broker

Property investment activity and confidence remain high, despite the impact of the Renters’ Rights Act, which instead brings transparency and certainty for landlord investors, says Jodie Spreadbury, senior mortgage and protection broker at The Mortgage Broker. ...

New integrated IDV service to fight mortgage fraud  

Mortgage brokers and independent financial advisors can carry out passport and driving licence checks digitally from their phone with the launch of a new identity verification (IDV) service on Click2Check’s online digital compliance platform. ...

Local society gives £10,000 to ease flood damage

Monmouthshire Building Society has donated more than £10,000 to individuals, sports clubs and organisations who were affected by the flooding that hit the town last November. ...

Borrowers urged to seek broker advice to navigate mortgage maze

Borrowers face uncertainty ahead of tomorrow’s interest rate announcement but shouldn’t be deterred from seeking a deal if the rate is held and should seek broker advice to navigate the changes. ...

PEXA and NatWest complete first remortgage transaction in just two days

PEXA, which claims to be the UK’s only FCA-regulated digital property completion infrastructure, has announced the completion of the first NatWest remortgage transaction on the platform, achieved within two working days of the mortgage offer. ...

Brokers set for busy run-up to June as 255,000 households see five-year fixes end

By June 255,000 households’ five-year fixed-rate mortgage deals will end, placing extra pressure on brokers as homeowners search for new deals. ...

£1 million committed to good causes by bridging finance specialist

Complex case and bridging finance specialist Market Harborough Building Society has committed £1 million to local good causes that matter most to its customers and communities over the past three years. ...

Fleet Mortgages promotes Nicola Richardson to MD

Buy-to-let specialist lender Fleet Mortgages has announced the promotion of Nicola Richardson to managing director at the firm. ...

Four in ten aspiring homeowners STILL holding back

More than half (52%) of prospective buyers say they’re ready to buy in 2026 - yet four in ten (41%) are still waiting for a “sign” before taking the plunge, new research from Mortgage Advice Bureau (MAB) has revealed. ...

Mortgage experts call for realism around affordability as inflation rises

Potential buyers and those looking to remortgage must carefully consider affordability and be realistic in their approach with brokers playing a key role, following the rise in UK inflation to 3.3% for March. ...

Coadjute joins FCA Live Testing Sandbox

Coadjute, the governance, risk management and compliance platform backed by Lloyds Banking Group, NatWest and Nationwide, has announced that it has been accepted into the Financial Conduct Authority’s (FCA) AI Live Testing Sandbox. ...

Broker support essential for landlords who average 6.5 BTL loans

Broker support remains essential for landlords, who typically hold 6.5 buy-to-let loans, spread across an average of 2.1 lender relationships and with average total borrowing standing at £714,000, according to new data from Pegasus Insight. ...

Buy-to-let lender makes fleet of cuts and reintroduces products  

Buy-to-let specialist lender Fleet Mortgages has reduced pricing across its 3% fee, 75% LTV five-year fixed rate products, alongside the reintroduction of a broader range of product options and the introduction of new two-year product transfer (PT) tracker products. ...

Brokers say lenders failing to adapt to changing borrower needs

Nearly four in five (83%) of brokers say that lenders are not adapting fast enough to meet the changing needs of today’s borrowers, a figure that has risen from 52% six months ago. ...

Remortgage deals rush as pandemic offers end

Overall mortgage activity rose almost a quarter (24.6%) in Q1, but it was a rush to remortgage that drove the majority of the activity, with remortgaging rising 45.8%, according to the newly-launched Stonebridge Mortgage Market Index. ...

Barclays slashes mortgage rates across 22 products

Barclays has cut mortgage rates across 22 products and by as much as 36bps, effective from today, in a move that positions it as offering market-leading rates, it claims. ...

Somo defies slowdown with record quarter 

Specialist lender, Somo, has announced its strongest quarter on record, and its biggest ever month for completions. ...

New appointments include a return to Masthaven Finance

Specialist lender Masthaven has announced a raft of new appointments that include the return of Chris Parr to the business. ...

How far could ‘Trumpflation’ drive new mortgage average rates?

This is the latest analysis by Moneyfacts...

Barclays slashes mortgage rates across 22 products

Barclays has cut mortgage rates across 22 products and by...

Raising base rate – would it be Bank of England’s big mistake?

The Iran War is still not wreaking the havoc of...
Recommended for you
Latest Features

Mortgage lending holds up in March as 63,500 granted

Lenders granted more mortgages in March than the six-month average,...

Almost half of renters ready to buy if mortgage matched rent

Nearly half (47%) of renters would buy now if their...