Archive

New Financial Conduct Authority statistics display housing market turbulence over the past two years, raising concerns about buyers and lenders in...

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

Monthly payments on some 123,000 home loan accounts were cut in the first eight months of the government’s Mortgage Charter.   The...

Mortgage advisers Larry Barreto and Tassib Hussain have been sentenced for fraud offences following a prosecution brought by the Financial Conduct...

Recent economic data was reassuringly predictable. We learned that core inflation fell by fractionally more than expected while services inflation proved slightly...

The beleaguered construction sector - a good early indicator of later sales activity - has seen a welcome boost in some...

The Financial Conduct Authority is working with 12 lenders and administrators to probe the interest-only mortgage market. The number of IO and...

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

There’s been a sharp decline in household financial confidence in the UK according to the latest UK Finance sentiment survey. The Q3...

Half a million mortgage-holders are facing an imminent financial shock as their fixed deals end in the run-up to Christmas or...

The Financial Conduct Authority is introducing new screening checks for firms that approve financial adverts.   Firms approving financial marketing for unregulated firms...

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

LSL resumes its acquisition trail by snapping up TenetLime, subject to FCA approval.   TenetLime operates a network providing services to 231 mortgage...

The number of interest-only (750,000) and part-interest-only (245,000) mortgages has halved since 2015, new Financial Conduct Authority analysis has found.  The fall...

New Freedom of Information data from the FCA - gathered by Quilter, the wealth manager and financial adviser - reveals that...

PMS Mortgage Club, in partnership with compliance experts Bankhall, has rolled out a new support service to help mortgage and protection...

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

Companies representing some 85 per cent of all mortgage lending have signed up to a new charter.  The lenders claims they have...

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

Older borrowers could be missing out on the best mortgage and equity release deals through fears about the security of their...

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

As a first-time buyer looking for your first home can be quite a daunting prospect, especially when it comes to figuring...

Over the weekend, Nat Daniels - CEO of Angels Media, the founder of the Today sites - penned this piece in...

Despite a more lethargic pandemic property market performance, a recent study by debt advisory specialists, Henry Dannell, has analysed sold price...

Organised crime gangs and fraudsters are now thought to be responsible for up to $2trn a year in money laundering, which...

Savings made during lockdown have allowed some borrowers to reduce their debt commitments, with a record £17.6 billion of mortgages repaid...

Advise Wise has unveiled a brand-new live webinar series in collaboration with the Equity Release Council. The initiative – Good Practice Checklist...

UK buy-to-let lender Landbay has joined the network panel of Commercial Finance Brokers UK (CFBUK). CFBUK is a whole of market commercial...

Landbay, a leading buy-to-let lender, has achieved 5,520% growth in revenue from 2016 to 2020, lending over £0.6 billion during that...

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

Mortgages have not typically been viewed as a high-risk service when it comes to money laundering, but as the practice becomes...

First 4 Bridging (F4B) has extended its services to the North West of England with the appointment of Simon Bancroft as...

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

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

MortgageGym is adding four specialist lenders to its online platform for mortgage applicants with lower credit scores. These include Together and Precise...

Asset management specialist Spicerhaart Corporate Sales has joined forces with fact-finding experts Excel and UK law firm TLT to create an...

Mortgage brokerage CLS Money has warned advisers that it’s high time they revisit all of their customers who have struggled to...

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

A staggering £15.4 billion of annual interest is being paid by mortgage borrowers sitting on their lenders’ standard variable rate (SVR),...

Pepper Money has finalised the terms to acquire 100% of the second charge lender, Optimum Credit Ltd. The purchase will see Pepper...

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

Mortgage intermediaries play an important role in encouraging customers to weigh their options before securing a better deal, according to Paragon. Its...

Legal & General Home Finance has announced a new 5-year partnership agreement with Virgin Money. The alliance will see the retirement lender...

Scottish Building Society has added a retirement interest-only (RIO) mortgage to its range of products for older people. Since the Financial Conduct...

UK mortgage advisers Just Mortgages grew from 13 brokers at the start of 2017 to 81 by the end of the...

The implementation of General Data Protection Regulation (GDPR) in May 2018 offers significant benefits for advisers, according to The Society of...

The Association of Short Term Lenders has announced the first two speakers - Lorna O’Brien of the Financial Conduct Authority (FCA)...

Bank customers are at risk of paying an extra £400 if they chose not to remortgage after their fixed term deal...

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

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

If the weakened pound and unrest around the continent we sometimes claim to be a part of have combined to put...

A new lender, which is aiming to target older borrowers, has received full regulatory approval from the Financial Conduct Authority (FCA). Mortgages4Life,...

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

The NACFB’s annual survey results aren’t in yet but there is one prediction I feel I can safely make. The total business...

Paragon Mortgages has begun accepting applications for consumer buy-to-let via its sister brand Mortgage Trust. The buy-to-let specialist’s online application system is...

Each time I find something interesting in the data the National Association of Commercial Finance Brokers (NACFB) collects as a by-product...

Business Secretary Sajid Javid promised 2016 would be a year of dialling back the bureaucracy. The government, he said, is committed...

Landlords seem to be under attack from all sides of the political divide, as Chancellor George Osborne buy-to-let tax crackdown proceeds...

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

The National Association of Commercial Finance Brokers (NACFB) is holding an interim conference to support the next set of changes that...

The Financial Conduct Authority (FCA) will discuss the impact of the EU Mortgage Credit Directive (MCD) on borrowers and brokers at...

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

A large majority of asset finance brokers say that they have found it difficult to gain authorisation from the Financial Conduct...

The British Bankers’ Association is working on a project that ensures small businesses won’t be left out in the cold. Banks will...

Bending over backwards to help borrowers A lot of Introducer Today readers will already be aware of the recent FCA ruling on...

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

The National Association of Commercial Finance s (NACFB) attracted a record 1,700 attendees to last week's Expo. Registrations were up 26% on...