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KEYWORD "Lending" - 100 RESULTS
Later life mortgage lending falls, but still casts a shadow over retirement

New figures from UK Finance show a drop off in later life mortgage lending in recent months. There were 28,840 new loans...

12 June 2024

From: Breaking News

Industry sceptical about Labour's Mortgage Guarantee scheme

The industry is sceptical about the effectiveness of Labour’s nw ‘Freedom To Buy’ initiative, which effectively makes the current mortgage guarantee...

10 June 2024

From: Breaking News

New broker tool launched by The Mortgage Works

The Mortgage Works is launching a new tool that provides brokers with the opportunity to support portfolio landlords.   With the buy...

10 June 2024

From: Breaking News

Building Societies' mortgage lending booms ahead of banks

Building societies' mortgage balances grew in the six months between October 2023 and March 2024, when they had declined across the...

03 June 2024

From: Breaking News

FinTech invite to brokers to free Mortgage and Rental Masterclass

FinTech company Mortgage Brain has partnered with large scale buy to let lender The Mortgage Works to host a free Mortgage...

30 May 2024

From: Breaking News

Boost for First Time Buyer lending as last-gasp law change approved

The Building Societies Act 1986 (Amendment Bill) successfully passed its legislative stages as part of the last minute ‘wash up’ of...

30 May 2024

From: Breaking News

Election Warning - Rate Cut on Ice and Lending Slows

There’s a warning that the general election campaign will probably mean that the interest rate cuts hoped for in June will...

28 May 2024

From: Breaking News

Digital bank buys out specialist buy to let mortgage lender

UK digital bank Chetwood Financial has completed the acquisition of the buy to let mortgage lender CHL Mortgages for Intermediaries from...

28 May 2024

From: Breaking News

At last! Mortgages market confidence finally recover from Liz Truss disaster

The latest report from the Intermediary Mortgage Lenders Association (IMLA) reveals that intermediary confidence in the industry increased in Q1 2024. Some...

20 May 2024

From: Breaking News

Mortgage Lending set to double next year - new figures

UK mortgage lending is forecast to grow just 1.5% (net) in 2024, according to the latest EY ITEM Club Outlook for...

13 May 2024

From: Breaking News

Nationwide mortgages dry up for highest flood risk applicants

A report on there Bloomberg news agency suggests that the Nationwide Building Society is using new technology to identify areas at...

07 May 2024

From: Breaking News

New loan covers lifecycle of property, not just purchase

Real estate finance and investment business TAB has launched a long-term lending service extending to all stages of a property’s life...

29 April 2024

From: Breaking News

Expanded range from Chorley and new rates from the Dudley

Chorley Building Society has extensive enhanced its mortgage range with new products for limited company buy to let investors, holiday lets,...

24 April 2024

From: Breaking News

Mortgage lending plummets ahead of expected summer surge

Mortgage lending has fallen by -28.6% in the past year, according to a new analysis. Octane Capital analysed gross mortgage lending data*...

24 April 2024

From: Breaking News

Revealed - the latest trends in UK lending and borrowing

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

17 April 2024

From: Breaking News

Buy To Let Crisis - lending plummets and arrears soar

There’s been a huge rise in the number of buy to let property repossessions in the first quarter of 2024 compared...

08 April 2024

From: Breaking News

Good News of Approvals from the Bank of England

Mortgage approvals jumped 7.7% in February to 60,383, and were 40% higher than they were a year ago, new figures from...

08 April 2024

From: Breaking News

Massive importance of Private Rental Sector revealed in new report

Some of the biggest names in the trade, lending and advisory sectors have produced a report outlining the vast significance that...

27 March 2024

From: Breaking News

Building Society defends using humans, not algorithms, to decide mortgages

Leek Building Society has used its annual report and publication of accounts to mount a stout defence of its methodology regarding...

25 March 2024

From: Breaking News

Bank’s new intermediary website is part of product refresh

Sharia-compliant digital bank Nomo - part of Bank of London and The Middle East plc (BLME) - has linked with a...

25 March 2024

From: Breaking News

Wealth manager launches attack on Halifax’s age limit U-turn

Mortgage lender Halifax is imposing a new 70-year age limit on the terms of its home loans for some borrowers. This has...

20 March 2024

From: Breaking News

Cambridge enhances buy to let criteria with re-introduction of top slicing

The Cambridge Building Society has re-introduced top slicing on its standard Buy to Let range up to 80 per cent LTV. This...

13 March 2024

From: Breaking News

Nationwide’s bold move will make it even bigger mortgage lender

The Nationwide Building Society has agreed to buy Virgin Money in a £2.9 billion deal - a rare example of a...

11 March 2024

From: Breaking News

Tech-boost for Dutch-style mortgage provider entering the market

April Mortgages has struck a deal for new technology to help it introduce Dutch-style loans into the UK. The new mortgage type...

11 March 2024

From: Breaking News

Building society bans mortgages on holiday let properties

A building society has launched a pilot project banning mortgage lending on holiday lets in two tourist areas for 12 months. Leeds...

06 March 2024

From: Breaking News

Brokers’ amazing work honoured by bank’s CEO at awards event

The chief executive of a specialist business bank has paid tribute to the ‘amazing work’ carried out by its broker network. Gary...

06 March 2024

From: Breaking News

Most activity down to remortgagers not buyers - analysis

Remortgagers, not buyers, are fuelling the increase in mortgage industry activity. That’s the view of Octane Capital following an analysis of Bank...

28 February 2024

From: Breaking News

Coupling Up - why so many mortgage applicants are duos

A property agency has analysed the lending and housing markets to work out why so many mortgage applicants are couples. Benham and...

21 February 2024

From: Breaking News

Specialist lender Cohort Capital hits bridging milestone

After reaching the milestone of £250m in 2022, specialist lender Cohort Capital increased originations by 60 per cent in 2023 to...

19 February 2024

From: Breaking News

Higher LTVs for borrowers aged 70 and 80, says Pure Retirement

Lifetime mortgage lender Pure Retirement has continued its ongoing product development in its Heritage range. The Special 3 product will offer up...

19 February 2024

From: Breaking News

It’s Back! Confidence returns to the mortgage market says IMLA

The latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association reveals that confidence has returned to the mortgage market,...

14 February 2024

From: Breaking News

Virgin Money sees long-term mortgage improvements despite recent dip

High street bank Virgin Money UK says there is light at the end of the tunnel for mortgages and the housing...

14 February 2024

From: Breaking News

Free Teach-In for brokers expanding into Self-Employed Lending

FinTech supplier Mortgage Brain has partnered with HSBC UK to host a free online masterclass on self-employed lending.  Taking place on February...

07 February 2024

From: Breaking News

Commercial property lending forecast to soar in next four years

There are clear signs the commercial property market is adjusting to today’s high interest rate environment according to specialist lender Together. Its...

05 February 2024

From: Breaking News

Boost In Buy To Let Lending expected this year say brokers

Just under half of mortgage brokers expect to place more limited company buy-to-let business throughout the next 12 months, Paragon Bank...

31 January 2024

From: Breaking News

Lender revamps lending criteria for high-skilled foreign nationals

MPowered Mortgages is changing its lending criteria for Tier 2, high-skilled foreign nationals across its range of products. It says this forms part...

31 January 2024

From: Breaking News

Nationwide’s slashed rates take lending war to fever pitch

The UK's largest building society has slashed its cheapest mortgage rate to an eight-month low and significantly under the Bank of...

29 January 2024

From: Breaking News

Mortgage defaults jump - and there may be worse to come

Banks are reporting that default rates increased in the final quarter of 2023, albeit more slowly than the quarter before -...

22 January 2024

From: Breaking News

Remortgaging via digital conveyancing - bank claims ‘UK first’

Shawbrook has become the first bank in the UK to offer limited companies the ability to remortgage using the digital conveyancing...

17 January 2024

From: Breaking News

Webinar for brokers operating in commercial property market

Property lender Together is holding its third webinar for brokers in its Chalk Live series, offering new educational content along with...

17 January 2024

From: Breaking News

Building Society warns it may stop lending on holiday lets

A building society says it is considering ending its policy of lending to buyers of holiday lets. Martese Carton, the director of...

10 January 2024

From: Breaking News

More Lenders offer Mortgages on Homes hit with Building Safety issues

Three high street lenders - Virgin Money, TSB and Skipton Building Society - have joined the commitment to offer mortgages on...

03 January 2024

From: Breaking News

Brokers Speak Out - key industry issues for 2024

Crystal Specialist Finance has conducted its Annual Survey with over 10,000 brokers for the second year running. The point is to see...

20 December 2023

From: Breaking News

2024 - forecasts on lending, buy to let, arrears and possessions

UK Finance has published its housing and mortgage market forecasts for 2024 and 2025 together with projections for 2023 full year numbers. Key figures for 2023 In...

20 December 2023

From: Breaking News

Falling swap rates indicate lower mortgage rates - eventually

Mortgage rates are predicted to fall next year as lenders take advantage of cheaper funding, after figures show that average swap...

20 December 2023

From: Breaking News

Saga launches mortgage service in bid to be ‘over 50s one stop shop’

Saga, the provider of products and services for the over-50s, has teamed up with digital broker Tembo to launch Saga Mortgages. The...

11 December 2023

From: Breaking News

New advisory service seeks to “redefine real estate finance”

Karis Capital is launching as what it calls “a premier real estate debt advisory firm with plans to redefine how developers...

11 December 2023

From: Breaking News

Grinch! No Christmas cheer in Q3 UK Finance sentiment survey

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

11 December 2023

From: Breaking News

Lender aims high by scrapping height restriction from lending criteria

Hodge is removing height restrictions from its lending criteria, meaning it will accept applications for mortgages on homes in England that...

06 December 2023

From: Breaking News

More help for first time buyers needed now, says leading mortgage lender

The Nationwide wants greater government support for first-time buyers as rising costs delay owning a home. As one of the UK’s biggest...

29 November 2023

From: Breaking News

Cost of living crisis triggers wildly diverse Mortgage product demand

New data from Legal & General - based on searches to its Ignite platform - suggests a diverse mortgage market during...

22 November 2023

From: Breaking News

Buy-to-let landlords reduce borrowing amidst rising rates

The nation’s landlords are responding to higher levels of mortgage interest rates by cutting their borrowing. The research comes from specialist property...

15 November 2023

From: Breaking News

Warning: Mortgage growth to hit 10-year low amid economic headwinds

The EY Item Club is warning that the UK is set to experience the slowest two-year mortgage growth in a decade. EY...

13 November 2023

From: Breaking News

Bridging Lending Bounces Back in Q3 2023

Contributors to a quarterly specialist finance publication have reported a 15.3 per cent increase in bridging loan transactions, totalling £191m, during...

13 November 2023

From: Breaking News

Brokers’ advice crucial for first time buyers says new report

The first time buyer economy, comprised of lending and spending, will reach £74.1 billion by 2025, according to research by Coventry...

08 November 2023

From: Breaking News

Equity Release begins long haul back to normal market conditions

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

08 November 2023

From: Breaking News

Innovative buy to let mortgage product launched by digital lender

Molo, which calls itself the UK’s first fully digital mortgage lender, has launched a Non-Resident Buy-to-Let Mortgages, unlocking investment opportunities for...

30 October 2023

From: Breaking News

Bank of England Fears Grow Over Huge Longer-Term Mortgages

A Bank of England report has expressed concern at the number of homeowners - especially young first time buyers - taking...

18 October 2023

From: Breaking News

Mortgage Defaults Rising - and there’s likely to be worse to come

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

16 October 2023

From: Breaking News

Mortgages and Climate Change - Bank makes pioneering partnership

Atom bank has announced a partnership with climate tech business Kamma to give “an unparalleled view on both the physical and...

02 October 2023

From: Breaking News

Mortgage Vision Roadshow launches this week

This week sees the start of Mortgage Vision, the free regional mortgage industry roadshow. Now in its 15th year, Mortgage Vision opens...

11 September 2023

From: Breaking News

UK Finance Review shows how borrowers cope with higher rates

UK Finance’s latest Household Finance Review - for the second quarter of this year - lifts the lid on mortgages. The headlines...

06 September 2023

From: Breaking News

Specialist lender calls for drastic rethink of mainstream mortgage market

A study of 7,000 people by a specialist predicts the UK specialist residential mortgage market will treble to £16 billion by...

04 September 2023

From: Breaking News

It’s War! Lenders Battle for Market Share

There’s been a flurry of rate cuts from lenders serving all sector of the market as a battle begins for market...

28 August 2023

From: Breaking News

Company’s Gloomy Trading Statement Lifts Lid On Mortgage Crisis

A financial service trading statement by a major player this week highlights the issues facing the industry. LSL is one of the...

08 August 2023

From: Breaking News

Building Society enters modest BTL investor market with two products

Beverley Building Society has entered the buy to let market with two new products. Its variable rate BTL for UK customers is...

08 August 2023

From: Breaking News

Absolute Lunacy - mortgage industry responds to latest rate rise

The Bank of England’s latest base rate rise - up 0.25 per cent to 5.25 per cent - has been poorly...

08 August 2023

From: Breaking News

Mortgage Eligibility Overhaul - should criteria include EPC ratings?

Research published by the Home Builders Federation shows that the new homes owners will save an average of £135 on monthly...

11 July 2023

From: Breaking News

Revamped mortgage-sourcing platform launched by Legal & General

Legal & General has launch a refreshed version of its mortgage research and sourcing platform, Legal & General Ignite. The upgraded platform...

11 July 2023

From: Breaking News

Brokers forecast rise in limited company lending

Nearly half of mortgage brokers expect the volume of buy-to-let portfolio limited company lending they write to increase in the next...

04 July 2023

From: Breaking News

Mortgage Charter - Have You Read It?

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

04 July 2023

From: Breaking News

UK Finance reminds lending sector of obligations

Trade body UK Finance has issued a timely reminder to the mortgage lending sector of its obligations to borrowers struggling following...

27 June 2023

From: Breaking News

They’re Back - Nationwide returns to 95% lending on flats

Nationwide Building Society has returned to lending at 95 per cent loan to value on non-new build flats. The society reduced its...

13 June 2023

From: Breaking News

Bridging loan completions up 17.6% to £4.94bn

The latest market analysis by bridging finance specialists, Apex Bridging, has shown that £4.94bn was lent via bridging loan completions in...

18 April 2023

From: Breaking News

SHW adds two new partners to its South East-based team

SHW has announced that it has promoted two of its Directors to Partner level, taking its Partner total to 25. Gemma Quinn...

04 April 2023

From: Breaking News

Bridging market still buoyant despite turbulence

Despite the recent economic turbulence, the bridging market has seen more requests for fast, short-term finance. This type of finance provides certainty...

28 March 2023

From: Breaking News

Record year for building society

Newcastle Building Society has reported record lendings for 2022 of £586 million. Significant support was provided to Members, clients, and colleagues during...

07 March 2023

From: Breaking News

Mortgage approvals down 20% year on year, but sunnier days ahead

The latest market analysis by specialist property lending experts, Octane Capital, reveals that recent uncertainty in the property market during the...

14 February 2023

From: Breaking News

Tandem Bank moves into residential purchase market

Tandem Bank today launched its residential purchase proposition. The move comes earlier than expected, following the market’s positive reaction to how it...

07 February 2023

From: Breaking News

The Mortgage Lender announces rate reductions

The Mortgage Lender has announced rate cuts across its entire residential range, including purchasing and re-mortgaging products. The specialist lender’s rate reductions...

24 January 2023

From: Breaking News

Mortgage market will see a new normal, says Capricorn

Capricorn Financial Consultancy has released its market expectations for 2023, predicting that the UK mortgage market will have to acclimatise to...

24 January 2023

From: Breaking News

Lenders should review security because of potential rise in defaults, says law firm

A possible surge in defaults due to economic headwinds should result in lenders reviewing their loan books and underlying security, according...

24 January 2023

From: Breaking News

Bridging loans increase as rising base rates impact property market

Revolution Brokers claim that bridging loan lending has increased by nearly 50% since the Bank of England base rates began rising...

29 November 2022

From: Breaking News

Billion Pound Industry - UK mortgage broker sector to value £2 billion by 2025

Property lending experts, Octane Capital, claim the UK’s mortgage brokerage market is estimated to increase by 12%. That would mean the industry...

18 October 2022

From: Breaking News

MPowered Mortgages strengthened with a launch of 85% LTV mortgages

The FinTech mortgage lender using AI to simplify the mortgage journey for homebuyers and re-mortgagers, MPowered Mortgages, has recently expanded its...

13 October 2022

From: Breaking News

Brokers plug into Suros Capitals’ secured bridging as uncertainty grows

Luxury asset short-term lender, Suros Capital, has reportedly been seeing an increase in buoyant new business with its loan book now...

13 October 2022

From: Breaking News

Property forecast - mortgage repayments are predicted to rise by £300 per month

New research by specialist property lending experts, Octane Capital, shows that monthly mortgage payments could increase by £300 each month.  Homebuyers coming to...

06 October 2022

From: Breaking News

Data security concerns makes over 55s reluctant to go online

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

30 September 2022

From: Breaking News

Devastating hit for homebuyers as mortgage costs climb

As governmental changes sweep through the nation, countless elements within the property sector have been affected, including mortgages. Market analysis by specialist...

27 September 2022

From: Breaking News

Revealed - bridging loan borrowing increases by 22%

Mortgage broker, Henry Dannel, claim that over the past 12 months there has been a 22% increase in bridging loan lending...

08 September 2022

From: Breaking News

Mortgage transactions dip as interest rate hikes put strangle hold on borrowing

We don’t like being the bearer of bad news, but a market analysis carried out by mortgage broker, Henry Dannell, reveals...

18 August 2022

From: Breaking News

Mortgage roundup – a month of firsts in the mortgage sphere

This week’s mortgage roundup involves a month of firsts and milestones, with Proportunity and BuildLoan launching UK-first products for buyers. Meanwhile,...

05 July 2022

From: Breaking News

How brokers can help first-time buyers on the affordable mortgage route

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...

30 June 2022

From: Breaking News

Mortgage roundup – industry firsts and product enhancements

This week’s roundup takes a look at the latest in the mortgage market, from L&G’s latest addition to its lender panel...

26 May 2022

From: Breaking News

Property Natter – will the challenger banks ever become major lenders?

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

17 May 2022

From: Breaking News

Insight - is the pandemic property market boom fizzling out?

Despite a strong start of the house price growth this year, the latest analysis from specialist property lending experts, Octane Capital,...

17 May 2022

From: Breaking News

Landbay rebrands with ‘next generation’ broker portal

Specialist buy-to-let fintech lender Landbay has launched its most comprehensive and intuitive broker portal amidst a bold new brand. The new brand...

17 May 2022

From: Breaking News

Mortgage roundup – and the market continues to thrive…

Introducer Today returns with a bumper mortgage roundup, this time featuring the latest industry views on mortgage approvals, new and extended...

05 May 2022

From: Breaking News

Mortgage applicants likely to experience difficulty to be approved for loans

A property expert has predicted that mortgage applicants are likely due to experience some difficulties being approved for loans. It was stated...

26 April 2022

From: Breaking News

Mortgage roundup – products for expats, self-employed, and landlords

This week’s mortgage roundup showcases the benevolence of the mortgage sector, with The Cambridge relaunching its products for expats, while Newcastle...

10 March 2022

From: Breaking News

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