Archive

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

For a number of years now, HM Land Registry (Land Registry) has been one of the most innovative and forward-thinking government...

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

Despite Covid-19, the average mortgage value for purchasers is up 12.4% compared to the same period in 2019, according to data...

Responsible Life, a later life lending specialist, is reporting a 52% annual surge in lifetime mortgage sales, as retirees increasingly look...

Virgin Money has become the latest lender to join Lendex, the new multi-lender application and submission gateway from Mortgage Brain. Lendex allows...

More than twice as many principals, advisers and administrators worry about the impact of a second coronavirus lockdown than about Brexit,...

Despite ongoing coronavirus woes, buyers can look to benefit from record low rates and the mortgage market remains open for business. That...

Hanley Economic Building Society has become the latest addition to the lending panel of SimplyBiz Mortgages – expanding its presence within...

Newly-launched brokerage Lloyd Wells Mortgages is aiming to make the homebuying process hassle-free for first-time buyers, buy-to-let investors and remortgagers. The Bristol-based...

There is evidence of continuing volatility in the mortgage market, with different criteria searches among brokers reaching the top five, according...

Intermediaries believe they can hold out against the uncertainty being caused by Brexit and the general election, according to the Intermediary...

Some 77% of lenders believe the number of loans they broker will increase, showing a positive outlook for the future of...

Paradigm Mortgage Services has launched a free eBook to help intermediary firms to identify and combat mortgage fraud. The guide – which...

Interest-only mortgages comprised 20% of new business introduced in Q2 2019, down from 28% is Q2 2007 but significantly higher than...

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

Knight Frank Finance has launched a later life finance team, making it the first major player in the property sector to...

The Bank of Mum and Dad (BoMaD) is currently spending an average of £6,000 more than in 2018 to help loved...

New research by Kensington Mortgages has revealed that interest-only mortgages are a significant problem in the financial system. The specialist mortgage lender...

First-time buyers (FTBs) saw their completion rate for mortgage offers through intermediaries reach a three-year high of 89% in Q4 2018. That...

The launch of business-like mortgage monitor, Dashly, and hybrid mortgage broker, Ladder, are a positive development from the broker sector of...

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...

New figures released from Mortgage Brain show that the buy-to-let (BTL) mortgage market remains ‘unsettled’ with mixed movement seen in the...

First-time buyers and existing homeowners capitalised on low rates across the market in October, according to fresh research from e.surv. Its latest...

The number of landlords looking to remortgage has now reached an all-time high, according to a survey by Paragon. Its Financial Adviser...

Landbay has chosen Oracle NetSuite to create a more accessible buy-to-let mortgage marketplace for investors, borrowers and brokers. Through NetSuite, Landbay will...

First-time buyers and others with small deposits took a greater share of the market last month than in August, according to...

Accord Mortgages has announced a range of new or enhanced initiatives designed to support brokers with new-build cases. This includes a range...

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

Legal & General Mortgage Club has welcomed Hinckley & Rugby Building Society to its panel. Hinckley & Rugby’s range of mortgage products...

Legal & General Mortgage Club has announced the addition of nine new lenders to the Mortgage Club panel. Chorley Building Society, Newbury...

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...

A round of crowdfunding by digital start-up Property Master that started in January has already beaten its £250,000 target. The start-up uses...

Specialist mortgage marketplace lender Landbay has lent a total of £100 million to buy-to-let landlords since its 2014 launch. Recent regulatory changes...

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

Specialist provider of solutions for mortgage intermediaries, Brilliant Solutions, has added Masthaven to its panel of lenders. Brokers will now be able...

The cost of mortgages is on the rise with the price of the majority of mainstream residential mortgages increasing during the...

Intermediary-only specialist mortgage lender Vida Homeloans has announced the launch of a pilot scheme in the second charge mortgage market. The ‘test...

The number of mortgage products available has increased by 24% over the last 12 months. According to data from Mortgage Brain, an...

Legal & General Mortgage Club has announced its 2018 calendar of events.  The half-day events, which take place across the UK, will...

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

Nearly five out of 10 brokers (49%) see ‘robo-advice’ and technology as the biggest threat to their business, according to research...

After a successful seminar program last year, Mortgage Business Expo (MBE) has announced another buy-to-let (BTL) seminar program in partnership with...

The value of specialist mortgage lenders’ annual lending has increased 19% per year since 2009, according to a new report from...

When choosing a mortgage lender, customer service remains a “definitive priority” for borrowers, results from a Computershare survey found. Computershare, an Australian...

Lifetime mortgage lender more 2 life has surpassed £1 billion of lending, along with a substantial total loan book value. According to...

The Mortgage Hut has seen a year on year rise of 30% in mortgage applications in August despite the traditional seasonal...

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

L&G Mortgage Club will be hosting another live conference in London this autumn following the success of last year’s event. Attendees will...

Fresh statistics suggest the UK’s mortgage market has been boosted again, with approvals for home lending up month on month and...

According to the latest data from mortgage technology provider, Mortgage Brain, the majority of mainstream mortgages have steadily decreased over the...

The UK’s first digital mortgage brokerage service for UK buy-to-let landlords has been launched. Property Master, which claims to allow the...

The mortgage market will reach its highest level of gross lending since the financial crisis during 2017, the Intermediary Mortgage Lenders...

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

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

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

Brokers are encountering fewer difficulties when sourcing mortgages for clients than at any point since the introduction of the Mortgage Market...

The range and number of mortgage products now available is almost at the same level as before the financial crisis. This is...

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

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

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

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

Small deposit buyers were given a New Year boost, with their share of the mortgage market increasing in January 2017. Small deposit...

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

Mortgage brokers are urging lenders to use more technology in order to improve customer experience. This is the message from new research...

The Intermediary Mortgage Lenders Association (IMLA) is on the lookout for a new executive director.  The news follows Peter Williams' announcement that...

TMBC, a lender specialising in the buy-to-let market, has announced the launch of new functionality for its sourcing and quotation system. Intermediaries...

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...

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

Just over two months since the Bank of England cut the base interest rate to 0.25%, an array of lenders are...

First Complete, which is part of the LSL Property Services Group, is this month holding fifteen mortgage forums across the UK. The...

The one area in which a proper affordability assessment is ignored is lending to older borrowers, according to findings from The...

The headline speakers for Mortgage Vision 2016 have been announced. The Association of Mortgage Intermediaries (AMI) and Nationwide/The Mortgage Works will...

Homemovers have just registered the highest success rate for turning mortgage applications into completions. Some 80% of homemover applications led to an...

One in seven mortgage and remortgage customers are racing to complete their application before the EU referendum on 23 June. More than...

Gross mortgage lending surged in March due to the buy-to-let let boom but transactions now look set to drop by 10,000 a...

The Council of Mortgage Lenders (CML) has warned against further intervention in the buy-to-let market as the forthcoming tax crackdown looks...

There has been a sharp rise in "mortgage freebies" as lenders increasingly compete on incentive packages rather than just price. New research...

Skipton Building Society has unveiled its new product ranges for both the Help to Buy London and Help to Buy Scotland...

Gross bridging lending burst through the £3.5 billion barrier in 2015, against £2.42 billion last year. This means the sector grew almost 44%...

Mortgage brokers say it is increasingly difficult for clients over 40 to find a mortgage because of their age. Two out of brokers...

The number of mortgages on the market has hit a post-crisis high with broker-distributed deals leading the charge. Total deals on the...

The mortgage market has started 2016 "with a bang" as gross mortgage lending rose 21% year-on-year. Lending hit £17.9 billion in January,...

Legal & General Mortgage Club has posted 15% sales growth to make 2015 another record year. It pinned its £46 billion of sales...

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

Access to the mortgage market is widening as lenders rediscover their appetite for higher-LTV lending. Lenders have partly been encouraged by Government...

Headline mortgage rates have hit an all-time low but rising arrangement fees mean that deals aren't always as cheap as they...

The Bank of England voted to hold interest rates by 9-0 yesterday which means they will stay at 0.5% for a full seven...

Brokers say the housing market is "buzzing" as latest Halifax figures show activity rebounded in December. Prices rose 1.7% in December, reversing...

2015 will be remembered as the year time mortgage price war reached "boiling point", as lenders battled for borrowers. The result was...

The property market is set for a strong finish to 2015 after a healthy 8% rise in house purchase lending in...

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

The mortgage market is enjoying a buoyant end to 2015 as two new sets of figures published yesterday show continuing strong...

Almost half of all customer enquiries to brokers ended in a mortgage completion in the third quarter of 2015. One in three customer...

Christmas has come early for the mortgage industry which is celebrating the highest monthly lending figure for more than seven years. Gross mortgage lending...

UK house prices increased by 6.1% in the year to September 2015 with London and the South once again leading the...

October saw a sharp seasonal fall in remortgaging with a 21% drop compared to September. But remortgaging activity still soared 53% in...

Buy-to-let lending continued to race ahead of the mortgage market in September as investors ignore Chancellor George Osborne's forthcoming tax crackdown. Investors drove large quarterly and...

Brokers have criticised Chancellor George Osborne's hint that the Bank of England will be given new powers to regulate the buy-to-let...

Mortgage lending is enjoying its best spell for seven years after surging 12% year-on-year to £61.4 billion in the third quarter. The...

The buy-to-let mortgage market is on course for a busy end to a successful year as lenders jostle to bring more...

Loss of higher rate tax relief and tighter regulation on buy-to-let could harm tenants more than landlords by constraining the supply of rented...

Latest figures show UK house prices slowed in the year to August with annual growth of 5.2%. That is unchanged from July,...

The number of mortgages for £1million or more has jumped by one-fifth in the last year. The sharp increase has been driven...

The government-backed Help to Buy home-loan scheme continues to offer vital support to the mortgage market two years after its launch,...

New research suggests that now is the perfect time to remortgage as more products hit the market and rates fall significantly. As...

New figures confirm that buy-to-let continues to outperform the mortgage market but industry experts warn that the forthcoming tax crackdown may...

The large majority of brokers and lenders fear that new EU regulations may hit UK mortgage lending. New research shows that 74% of...

Two thirds of potential homebuyers have been left in the dark by new mortgage affordability rules, research reveals. Some 35% of potential...

Record low fixed rate mortgages may already be a thing of the past as lenders start pulling rates. New research from Moneyfacts.co.uk suggests...

Nearly one million homeowners with interest-only mortgages are a "ticking timebomb" because they have made no plans for paying off their debt. The...

Brokers are buzzing with confidence after new figures showed the mortgage market enjoyed its best July for seven years. Gross mortgage lending...

The mortgage market enjoyed a buoyant June with a resurgence in new lending and remortgaging, with buy-to-let leading the charge. House purchase...

First-time buyers are £2,000 better off thanks to a sharp drop in rates on 95% LTV mortgages over the past two...

Banks are set to launch a new clampdown on buy-to-let in a bid to stop the boom getting out of control. They are looking...

Brokers and analysts don't expect base rates to rise until at least 2016 after the Bank of England held base rates...

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

More than 100 mortgages are available for landlords who buy properties through a limited company, allowing them to retain current levels...

Mortgage regulators have given buy-to-let investors an unfair advantage over residential buyers and the balance needs to be redressed, a broker has claimed. Independent...

The salary of the average homebuyer fell 16% year-on-year in June to £34,584, as improved mortgage affordability boosted lower income borrowers. The...

The mortgage market could go into a sharp long-term decline as elderly people pay off their home loans while younger people...

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

Brokers have welcomed the absence of fresh controls on residential borrowing in latest Bank of England Financial Stability Report. That is in...

The number of remortgages grew strongly in May as homeowners took advantage of rising house prices and the lender price war...

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

Excellent buying conditions have lured Britons back into the overseas property market this year, with bargain property prices and historically low...

Platform has launched a new mortgage range for brokers and with cuts to selected fixed rate mortgages of up to 0.25%. The new rates...

The number of buy-to-let mortgages increased sharply in the first month following Chancellor George Osborne's pension freedom revolution. The choice of deals has...

Bridging lending has seen rapid growth while the mainstream mortgage market has contracted, new figures suggest. Annual gross bridging grew 35% in year...

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

Brokers confidence has steadily recovered in the wake of the Mortgage Market Review (MMR) and is nearing an all-time high. The number of...

Young borrowers increasingly expect to be paying their mortgage into retirement as they stretch themselves to get on the housing ladder. Around half of...

Leeds Building Society has increased procuration fees for directly authorised (DA) intermediaries. It will increase the fee by 0.03% to up to...

The value of remortgage lending slumped to a two-year low in March after falling 8% over the last 12 months. Total gross...

Buy-to-let lending grew at more than 12 times the pace of the residential market in the first quarter of this year. While buy-to-let...