Archive

A new report reveals the latest trends  in UK lending and borrowing, compiled by lending software company Lenvi. The most notable trends include...

Experts have lashed out at lenders who reprice products, sometimes with just a few hours’ notice. And many suggest that lenders are...

Three years ago the Financial Conduct Authority banned discretionary commission arrangements in a bid to end the incentive for brokers to...

Rightmove is launching its first broker product, which will allow customers to access mortgage advice through the property website.   The portal,...

A new study shows a remarkably low number of people seeking professional financial advice. The report is called State of Flux and...

Shawbrook Bank has seen a dramatic reduction in the time to process buy to let mortgage offers since rewriting legacy software...

The equity release market has seen growth for the first time in 12 months with quarterly increases in both new customers...

There are growing fears of yet another Bank of England base rate rise next month following the surprise inflation figure released...

Analysts suggest that mortgage lending is likely to fall over the rest of 2023 with both demand and supply dropping thanks...

Is the mortgage price war really over? On the one hand there are good signs for the housing market - no substantial...

Brokers have criticised NatWest for allegedly offering a sub-5.0 per cent 60 per cent LTV five -year fixed mortgage rate direct...

Almost 400 misleading promotions by later life mortgage firms have been binned or amended, thanks to the Financial Conduct Authority.   The...

Equifax data has found that 41 per cent of live mortgages in the UK are held by customers who will be...

Plans to ban cold calls for financial products are the subject of a consultation marking the next step in delivering the...

We’re now under four weeks away from the start of the Financial Conduct Authority’s Consumer Duty regime. This introduces a new Consumer...

Property portal OnTheMarket - the third major portal, behind clear market leaders Rightmove and Zoopla - has launched OnTheMarket Money, a...

A new analysis by Moneyfactscompare - perhaps still better known by its old name, Moneyfacts - shows precisely how many mortgage...

Technology firm, OneDome, has bought CMME Mortgage and Protection for an undisclosed sum. Describing itself as the world’s first eHomebuying platform, OneDome...

During these uncertain economic times, people are extra careful with their money, and to this end, new research reveals that 48%...

The government has plans to create the UK Digital Identity and Attributes Trust Framework (DIATF) and Credas Technologies, the leading identity...

PEXA has announced that Hinckley & Rugby Building Society and Shawbrook Bank will be the first lenders to transact remortgage cases...

In this guest piece, Jess Gerrow, vice president of marketing at Token provides insight into the human side of Open Banking. Driven...

The FCA’s new consumer duty requirements are set to be published at the end of July for implementation in April 2023. While...

With a raft of new schemes coming to market ahead of the end of Help to Buy, questions are being asked...

In this guest piece, Adrian Plant, director of Shared Ownership at Leaders Romans Group and Calum Toone, mortgage advisor at Mortgage Scout, delve into the...

Last week (June 16), the Bank of England increased the base rate by 0.25%, up from 1.00% to 1.25%. In response, Moneyfacts.co.uk...

Speaking to a financial adviser is more daunting for UK consumers than self-managing their finances, a YouGov study reveals. In a survey...

A recent study conducted by Mortgage Advice Bureau has found that one in four households plan to make improvements to reduce...

With the interest rate rising from 0.25% to 0.5%, Brian Murphy, head of lending at Mortgage Advice Bureau, shares his top tips homeowners...

PEXA, the Australian-founded fintech, has announced its plans to launch in the UK this year, following significant progress in testing its...

This week’s mortgage roundup is a range of reduced rates and new products across the mortgage market, with Furness Building Society’s...

With the Bank of England raising interest rates for the first time in more than three years, Brian Murphy, head of lending...

A webinar poll conducted by Countrywide Surveying Services (CSS) has highlighted that four out of five consumers still confuse a mortgage...

COP26 saw ambitious global net-zero targets being promised and industries are having to adapt to meet the national targets. Mortgage Advice...

Recent research from leading later life lender more2life has found that 80% of equity release advisers are confident that the market...

Research from Mortgage Advice Bureau (MAB) has shown that only a quarter (24%) of consumers know what the Energy Performance Certificate...

New data has shown that millennials (25-44) are as unconfident in their ability to manage their finances as younger Gen Z...

Data released by independent equity release advisory service, Equity Release Supermarket (ERS), shows that there’s a continued desire amongst their customers to...

The mortgage roundup column returns to bring you the latest news on mortgage products coming to the market, featuring Furness Building...

Roma Finance has launched new bridging and development ranges with improved rates and enhanced criteria. The new bridging range, called RomaPrime, is...

According to new research by MetLife UK, 43% of prospective and current homeowners admitted to using a mortgage adviser or broker...

Climate change is one of the greatest threats humanity is facing today. The burning of fossil fuels such as coal and...

According to new research from estate agents Purplebricks, 43% of today’s first-time buyers (FTBs) have fully funded their own deposit. While...

The Equity Release Council (the Council) has launched a new Legal Forum to champion the unique role of legal advice in...

The Equity Release Council (the Council) has launched a member endorsement mark as part of a brand refresh that reflects the...

Adviser-facing resources have been released in recognition of the equity market predicted to pick up in 2021. Pure Retirement has put together a...

Almost half (49%) of consumers who purchased a mortgage recently said they felt more secure dealing with a lender directly, research...

Creating blogs and articles isn’t always the easiest task for mortgage professionals, particularly when you consider that client meetings, calls and...

Social media has become big business in recent years, with the number of social media users worldwide expected to hit 3.02...

Over the last ten years, the mortgage market in the UK has changed significantly. Alongside increased regulation of the industry, stricter...

Mortgage, lending and banking customer relationship management (CRM) system, eKeeper, has successfully integrated DocuSign’s eSignature functionality into its intermediary-focused CRM, MortgageKeeper. The...

Paymentshield has launched a series of webinars to help brokers develop general insurance (GI) knowledge to enable them to protect and...

The Society of Mortgage Professionals (SMP) has revealed how brokers are helping consumers worried about their finances during the coronavirus outbreak. David...

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

Nearly a quarter (23%) of mortgage intermediaries expect that consumers will choose to bypass advice and arrange their mortgage directly with...

Over a third of people who purchased their mortgage direct from a lender have no protection policy in place, the latest...

Thousands of borrowers could be missing out on a better mortgage deal by not speaking to an adviser, research from Legal...

The emergence of new digital tools and services is becoming an increasing driver of intermediary mortgage business, according to Intermediary Mortgage...

A Brexit ‘uncertainty effect’ is washing over UK mortgage brokers after the largest drop in business volumes in more than two...

Over one in five (22%) consumers said they would want to use a branch-based mortgage advice service, according to a new...

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

Mortgage distributor 3mc has launched a range of exclusive Help to Buy products in partnership with Precise Mortgages. As a result,...

April saw significant purchasing and remortgaging activity following forecasts suggesting an interest rate rise in May, according to the Mortgage Advice...

Over three quarters (76%) of first-time buyers’ mortgage applications via intermediaries resulted in a completion in Q1 2018, the highest number...

The UK’s first digital mortgage settlement has been carried out by Premier Property Lawyers and Shieldpay, bringing transformation to the £245...

Some 81% of UK homeowners who purchased a home in the last year would consider a mortgage broker if they were...

Demand for five-year fixed rate remortgages has fallen to the lowest level since July 2017, according to conveyancing service provider LMS. The...

The majority (74%) of mortgage applications via intermediaries for first-time buyers resulted in a completion during Q4 2017, according to the...

Nationwide is the latest building society to join the Equity Release Council (The Council) following its introduction to the lifetime mortgage...

Over half (55%) of UK consumers are unaware that a mortgage broker could offer more product options than a bank or...

Any company that sells a product or service and wants to survive and thrive needs to constantly come up with new...

Freedom Finance has urged UK families to examine their finances after revealing that an average mortgage bill could increase more than...

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

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

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

Sourcing systems have been around for so long now that it's easy to think they have the same features and capabilities...

The latest Broker Sentiment Survey by bridging lender MTF has found that delays to mortgage applications have caused brokers the most...

The Society of Mortgage Professionals has confirmed that membership has broken through the 8,000-barrier for the first time. “It’s an affirmation of...

Two new consumer buy-to-let products have been launched by Furness Building Society. This follows an announcement by the firm that it...

One third of UK mortgage holders don't know what interest rate they are on, new research shows. This means that than 5 million people...

This year marks 30 years since Mortgage Brain first introduced mortgage software to an unsuspecting industry.  Much has changed since then. M-Day...

This week, SearchFlow launches it new brand. Group Marketing and Communications Director, Maud Rousseau discusses the ethos behind the new brand...

Life is getting easier for first-time buyers as barriers to homeownership fall and government schemes help more climb on the property...

The Building Societies Association (BSA) has committed to review its maximum age limits for mortgage borrowers to help those who need...

Brokers and industry specialists have leapt to the defence of equity release following a Financial Conduct Authority (FCA) report suggesting the...

Official figures showing GDP rose a robust 0.7% in the second quarter will add to pressure on the Bank of England...

The Financial Conduct Authority says that, although most borrowers receive suitable advice, lenders and brokers still have room to improve. The FCA’s...

Would-be borrowers should ensure they are “mortgage ready” before applying for a loan, according to credit-reference firm Equifax. The company said that,...

Brokers have welcomed new official figures showing that house prices in England and Wales are within a whisker of their all-time high. House...

Mortgage borrowing jumped to a six-year high in May and average deposits also hit a new post-recession peak, new figures show. Deposits have...

Mortgage sourcing systems – it’s all about accuracy Since the first mortgage sourcing system was built in 1986, their capabilities, not to...

Legal & General has announced ambitious plans to become a leading provider of lifetime mortgages. The insurer has launched its own-branded Lifetime...

Mortgage affordability for people who want to buy a home has hit its highest level for six years. Just one in three...