Target Group appoints Hill as chief information officer
Fintech firm Target Group has strengthened its senior team with the appointment of Scott Hill as its chief information officer (CIO). The post Target Group appoints Hill as chief information officer...
View ArticleAmended Renters’ Rights Bill passes through to House of Lords
The Renters’ Rights Bill passed the report stage in the House of Commons yesterday with amendments. The post Amended Renters’ Rights Bill passes through to House of Lords appeared first on Mortgage...
View ArticleAverage house prices jump 3.3% to £290k in November – ONS
Average house prices in the UK rose by 3.3% annually to £290,000 in November, government data revealed. The post Average house prices jump 3.3% to £290k in November – ONS appeared first on Mortgage...
View ArticleNumber of house sales agreed rises to 1.24m in 2024, TwentyCi reports
There was a 17% increase in the number of residential property sales agreed in 2024, totalling 1.24 million up from 1.06 million in 2023, data from a market analyst found. The post Number of house...
View ArticleMelville named CEO of Co-op Bank
Coventry Building Society has announced Andrea Melville will be joining the group as the chief executive of The Co-operative Bank and group chief commercial officer. The post Melville named CEO of...
View ArticleFoundation Home Loans ups maximum loan sizes
The post Foundation Home Loans ups maximum loan sizes appeared first on Mortgage Solutions.
View ArticleLenders expect mortgage demand to fall in Q1 – BoE
Although lenders reported demand for house purchase and remortgaging increased in Q4, it is expected that this will decline in the first three months of 2025, a survey from the central bank found. The...
View ArticleOne to One: Shelley Stern, Spring Finance
Each month, Mortgage Solutions and Specialist Lending Solutions sit down with a key intermediary industry figure to discuss strategy, the opportunity for brokers and the mortgage marketplace. The post...
View ArticleNew second charge business volumes surge 17% in November – FLA
The number of new agreements for second charge mortgages increased 17% annually in November to 3,103, industry data showed. The post New second charge business volumes surge 17% in November – FLA...
View ArticleShawbrook secures £150m guarantee facility with BBB to boost dev finance lending
The British Business Bank (BBB) has agreed an ENABLE Build transaction of up to £150m with Shawbrook to raise the amount of development finance it provides smaller housebuilders. The post Shawbrook...
View ArticleHope Capital makes biggest ever rate cut; Atom lowers commercial rates –...
Hope Capital has made the largest reductions ever to its bridging rates and brought in flat rates. The post Hope Capital makes biggest ever rate cut; Atom lowers commercial rates – round-up appeared...
View ArticleLendInvest adds residential deals and increases MUFB LTV
LendInvest has released a range of residential products and increased the maximum loan to value (LTV) on a specialist buy-to-let (BTL) deal. The post LendInvest adds residential deals and increases...
View ArticleDisincentivised BTL investors leaving PRS will create build to rent...
Buy-to-let (BTL) landlords leaving the private rental sector (PRS) could pave the way for build to rent investment, ratings firm Moody’s suggested. The post Disincentivised BTL investors leaving PRS...
View ArticleOur networking events for black professionals and allies will be ‘nurturing’...
The organisers of a networking event for black professionals in the financial services sector want it to be “nurturing” for all who attend, while providing useful career advice. The post Our networking...
View ArticleAverage mortgage rates fall despite economic uncertainty – Rightmove
Most average mortgage rates declined week-on-week despite the mixed news about the UK economy, a property portal found. The post Average mortgage rates fall despite economic uncertainty – Rightmove...
View ArticleImplementation of Basel 3.1 delayed by a year
The Prudential Regulation Authority (PRA) has announced it has decided to delay the introduction of Basel 3.1 in the UK by one year until 1 January 2027. The post Implementation of Basel 3.1 delayed by...
View ArticleFCA to simplify mortgage advice rules to support growth, it tells PM
The Financial Conduct Authority (FCA) has written to the Prime Minister saying it will simplify responsible lending and advice rules for mortgages to support growth in the sector. The post FCA to...
View ArticleEditor’s picks for the week – 17/01/2025
Each week, the editorial team of Mortgage Solutions will select our highlights of the last seven days in our editor’s picks. The post Editor’s picks for the week – 17/01/2025 appeared first on Mortgage...
View ArticleHigher interest rates lead to surge in under-45s renting – Hamptons
The growth of the private rental sector (PRS) in the last year was driven by people under 45, as higher interest rates make it harder for them to buy a home, insight from an estate agency group found....
View ArticleLiveMore hires two key account managers and underwriter
Later life mortgage lender LiveMore has added to its team with the appointment of two key account managers for the North and Midlands. The post LiveMore hires two key account managers and underwriter...
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