Archive

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

Yorkshire Building Society new fee-free offer will enable first-time buyers across England, Scotland or Wales with a £5,000 deposit to purchase...

There’s been broad support for Santander’s decision that Universal Credit will be considered an acceptable form of secondary income for mortgage...

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

Kent Reliance for Intermediaries - part of the OSB Group - has refreshed products across their residential, buy to let, and...

There’s been an angry reaction to news that from today - March 18 - Halifax is changing the maximum age allowed...

Foundation Home Loans has launched two HMO products for first-time landlords under its ‘Buy to Let by Foundation’ wrapper. Both are available...

UK Finance says there were 93,680 homeowner mortgages in arrears of 2.5 per cent or more of the outstanding balance in...

Global intelligence company Pepper Advantage, which has a portfolio of over 100,000 UK residential mortgages, says there’s been a dramatic increase...

Access Financial Services has partnered with Nomo Bank to offer Sharia-compliant property finance for UK rental and residential property. The products address...

The vast majority of high net worth individuals have faced mortgage rejections and had to accept lower loan-to-value ratios than they...

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

Latest Bank of England data released in recent days shows net mortgage approvals for house purchases rose from 47,900 in October...

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...

Approaching a third of people are struggling to meet loan repayments of all kinds because of the cost of living crisis. That’s...

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

There’s been an alarming set of figures in the Bank of England’s latest Money and Credit report, which relates to September. Net...

Global credit intelligence provider Pepper Advantage, which has a 100,000+ UK residential mortgage portfolio, says arrears in this country have seen...

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

Estate agency group My Property Box has launched a financial services arm. My Property Box Financial Services offers advice on a wide...

Data from mortgage research and sourcing platform Legal & General Ignite reveals a significant spike in searches for Interest Only products...

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

The Bank of England says net mortgage approvals decreased from 54,600 in June to 49,400 in July, although approvals for remortgaging slightly increased...

Aldermore is to allow brokers greater flexibility to appoint conveyancers to support on complex buy to let transactions. The lender is to...

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

Lenders have reported the UK's biggest increase in mortgage defaults since 2009 - and they expect worse to come this autumn. The...

Mortgage approvals rose by just over three per cent from 49,000 in April to 50,500 in May according to new Bank...

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

Pepper Advantage, a global credit intelligence company with over $60 billion in assets under management, has published a gloomy report on...

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

Foundation Home Loans, the intermediary-only specialist lender, has today announced the launch of two new Limited Edition buy-to-let products in its...

With many borrowers under the cosh because of the cost of living crisis, lenders are offering brokers a chance to learn...

Mortgage rates in the UK have risen significantly during 2022, which appears to have proven an issue for homeowners hoping to switch...

New homes PropTech platform, Unlatch, has recently been appointed as a partner to Third.i Group, the Australian-founded developer now dominating the...

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

As interest and mortgage rates rise, mortgage providers are becoming stricter when it comes to who they will and will not...

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

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...

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

Self-employed individuals are twice as likely to be rejected for a mortgage, a new report from The Mortgage Lender (TML) shows. Its...

New research from Canopy reveals 10% of UK private renters have been unsuccessful in getting a mortgage, despite 80% never missing...

Often, we are sold the dream of settling down with a partner and purchasing our dream house together – but, what...

One in 10 Britons have been deterred from applying for a mortgage due to poor credit scores, new research by The...

Some 3.2 million adults in the UK have missed some form of major payment over the last two years as the...

New research from The Mortgage Lender (TML) reveals that 34% of UK adults planning to buy a home in the next...

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

In this guest piece, Uswitch compiles a list of common occurrences that can impact a credit score, along with potential remedies...

Hometrack, the leading provider of insight, intelligence and decision automation to the UK mortgage market, has launched a brand new vision...

Savings and lending bank Shawbrook recently conducted a Changing Face Buy-to-Let Report to investigate refurbishment costs. In total 1,000 landlords, and 1,000...

Data from Legal & General Mortgage Club’s SmartrCriteria tool found that searches for furlough friendly mortgage criteria continued to fall month...

James Andrews, senior personal finance editor at money.co.uk, offers up top tips on how those planning to purchase a home with...

New data has found that 89% of mortgage advisers believe first-time buyers need more education on purchasing a property and what...

As furlough support has begun to phase away from July 1 2021, there is still concern that this could lead to...

According to new research from the homebuying platform, YesHomebuyers,  the majority of UK homeowners spend between £500 to £1,500 a year on...

West One Loans’ buy-to-let (BTL) division has released new products to meet increased demand in the market. The raft of new product...

Smartr365 and Experian tie-up set to transform credit checking process Smartr365, an end-to-end mortgage platform, has launched its commercial and strategic partnership...

Wealth management and property lending specialist Tier One Capital has secured a £6.5 million revolving credit facility from Shawbrook Bank for...

Pure Retirement has announced the launch of its new flexible pricing methodology on the Classic lifetime mortgage product range. The new initiative...

When it comes to meeting anti-money laundering (AML) obligations and compliance with the relevant regulation, brokers need to do more. That...

Brokers are searching for applications that will not leave a lasting mark on a client's credit score, new research from Knowledge Bank...

Activity in the housing market continued to increase in March, with Legal & General seeing a record number of searches after...

The Covid-19 pandemic has impacted the housing market in a major way and has only added pressure for banks to give...

Mortgage Business Expo (MBE) has confirmed that it will be open for live events in 2021. The first event will return to...

LiveMore has announced a reduction of its standard fixed rates from five-year up to lifetime. Launched last week, the seven, 10 and...

Vernon Building Society has announced a new competitively priced mortgage, available up to 90% of the property’s value. The mortgage is designed...

Newbury Building Society has introduced a GoGreen Reward incentive to its self-build mortgage to encourage homebuilders to make conscious sustainable choices. The...

EQ Credit Services (EQCS), a UK credit technology and outsourced services provider, has announced the ‘Go Live’ of its mortgage servicing...

Regulatory technology firm TruNarrative has expanded its product line-up with Know Your Customer (KYC) and anti-money laundering (AML) solution TruPortal. Established in...

West One Loans’ buy-to-let (BTL) division has announced major criteria changes which will see maximum borrower exposure limits raised by more...

More than one in four (29%) of buyers don’t believe their credit score is ‘good’ or ‘excellent’, according to specialist mortgage...

Specialist lender Together has raised the maximum loan-to-value (LTV) across its first and second charge mortgage products to 70%. The finance firm...

As we approach the end of what has been a difficult year, Mortgage Business Expo (MBE) has confirmed that it will...

A mortgage advisor is urging prospective buyers to act now before the stamp duty holiday comes to an end. Matt Colley, director...

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

Criteria search system Knowledge Bank has joined forces with Precise Mortgages and Kent Reliance to launch a new, free monthly webinar...

Clarion Events, Mortgage Business Expo’s parent company, has drafted a programme of enhanced safety measures to reduce the risk caused by...

Foundation Home Loans has added five products to its residential range to provide further options for first-time buyers (FTBs) and home...

United Trust Bank (UTB) has revealed the next set of mortgage product, criteria and technology enhancements as part of its Broker...

The British Business Bank has approved four new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS). The Co-operative Bank,...

The MCI Mortgage Club has appointed OneFamily to its lender panel in a bid to include lifetime mortgages for its members. The...

Money Advice Scotland is piloting open banking technology from Experian which could help it to significantly speed up the early stages...

An estimated 1.26 million people with adverse credit are looking to buy a property in the next 12 months, according to...

The majority (61%) of current and soon-to-be homeowners in the UK don’t fully review their mortgage agreement before signing it, and...

Mortgage Business Expo (MBE) London, taking place on October 16, will feature a keynote presentation by the Bank of England (BoE). Rob...

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

Hinckley & Rugby Building Society has increased its loan to income (LTI) multiplier across its residential range for applications where the...

Over-55s now make up nearly 200,000 owner occupier housing transactions in England each year, according to the latest study from the...

Mortgage advisers are now able to showcase their professional image to customers by adding their own branding and personalisation to The...

Shawbrook has announced the appointment of Rob Lankey as director of commercial investment. Lankey joins the specialist lender after a long career...

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

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

Bluestone Mortgages has announced the launch of its new Help to Buy range which will cover the England and London schemes. Available...

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

The Energy Efficient Mortgages Pilot Scheme was recently launched at an event in Windsor by the Energy Efficient Mortgages Initiative. The Initiative...

Historically second charge mortgages or secured loans as they are also known were seen as a last chance option for a...

Mortgage advisers are embracing new technology faster than any other time following the credit crunch, according to Criteria Hub. The online deep...

Lenders must say what they mean and mean what they say! And that includes not offering a silly low monthly rate...

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

Specialist lending brand Keystone Property Finance has reduced all rates across its classic range. The cost of a two-year fixed rate at...

Hanley Economic Building Society has introduced two criteria changes across its near prime product range. Borrowers who have been in a Debt...