DIFF podcast: My religious belief has changed my personality – Walton
Practising religion or having certain beliefs cannot be separated from one’s professional life, as doctrine shapes who a person is, it was said on the Diversity and Inclusivity Finance Forum (DIFF)...
View ArticleCoventry BS posts £6.7bn gross mortgage lending for 2024
Coventry Building Society completed £6.7bn in mortgage advances during 2024, down from a total of £7.9bn the year before. The post Coventry BS posts £6.7bn gross mortgage lending for 2024 appeared...
View ArticleHouse prices stay flat in February, Halifax finds
Average house prices stayed flat in February, with just a 0.1% month-on-month decline to £298,602, a lender’s data showed. The post House prices stay flat in February, Halifax finds appeared first on...
View ArticleHSBC broadens mortgage access to international borrowers and lowers SVR
HSBC UK has announced it has widened the availability of mortgages to foreign national borrowers in the UK. The post HSBC broadens mortgage access to international borrowers and lowers SVR appeared...
View ArticleFCA to consult on stress testing changes, non-regulated advice and simpler...
The Financial Conduct Authority (FCA) will consult on alternative ways to stress test mortgage applicants and simplify its rules as part of a plan to improve access to mortgages and support...
View ArticleIWD2025: Gender equality is a priority, not a ‘nice to have’ – Joseph
This year, Mortgage Solutions has spoken to women across the financial services sector to mark International Women’s Week (3-9 March), which includes International Women’s Day (IWD) on 8 March. The...
View ArticleIWD2025: There are challenges with women pitching their career at the same...
This year, Mortgage Solutions has spoken to women across the financial services sector to mark International Women’s Week (3-9 March), which includes International Women’s Day (IWD) on 8 March. The...
View ArticleTrust will bridge the gap between firms and vulnerable customers – reaction
Customers need to trust financial services firms to feel comfortable enough to reveal vulnerabilities and get the help they need, industry professionals have said. The post Trust will bridge the gap...
View ArticleFirst-time buyer mortgage repayments a fifth cheaper than rent, Zoopla finds
The average monthly mortgage repayment for a first-time buyer in Great Britain is £1,038, 19% lower than the typical rental payment of £1,248. The post First-time buyer mortgage repayments a fifth...
View ArticleAMI’s Sinclair warns lenders will try to grab broker market share in...
Rob Sinclair, former chief executive of the Association of Mortgage Intermediaries (AMI), has warned brokers that lenders will try to reclaim some of their growing market share. The post AMI’s Sinclair...
View ArticleThe sector has a ‘golden opportunity’ to review post-credit crunch mortgage...
There is a chance for the mortgage market to review the tightened rules brought in after the global financial crisis, but proposed changes are unlikely to address all challenges, lender representatives...
View ArticleIt feels ‘amazing’ to speak to govt directly about sector’s concerns, says...
Sarah Tucker, CEO of The Mortgage Mum, said it was good she had been given a voice to speak to the government about the concerns of the mortgage sector, working parents and business owners. The post It...
View ArticleMortgage lending in Q4 rises to highest level in two years – BoE
The value of gross mortgage advances was £68.8bn in Q4 2024, the highest total in two years, data from the central bank found. The post Mortgage lending in Q4 rises to highest level in two years – BoE...
View ArticleMagnet Capital secures eight-figure investment from Shawbrook
Development lender Magnet Capital has obtained £25m financial backing from Shawbrook as part of an ongoing relationship between the lenders. The post Magnet Capital secures eight-figure investment from...
View ArticleAldermore trims high-LTV resi rates
Aldermore has lowered rates across higher loan to value (LTV) mortgages for residential borrowers. The post Aldermore trims high-LTV resi rates appeared first on Mortgage Solutions.
View ArticleNACFB adviser members facilitate more than two-thirds of SME lending
The National Association of Commercial Finance Brokers (NACFB) has revealed that its members were responsible for £26.5bn of the £38bn UK SME lending market, accounting for 67% of business. The post...
View ArticleFewer people use Mortgage Charter help – FCA
The number of people making use of the support available through the Mortgage Charter fell in the three months to January, when compared to the prior three months. The post Fewer people use Mortgage...
View ArticleSantander has been ‘quiet’ but is back with ‘big growth’ plans, says Morris
Santander UK is set to expand and remind the industry what it is good at doing, after a period of being quiet, its head of homes David Morris said. The post Santander has been ‘quiet’ but is back with...
View ArticleL&G posts dip in lifetime mortgages to £270m in FY24
Legal and General (L&G) Group has reported £270m in lifetime mortgage advances for 2024, down from £299m the year before. The post L&G posts dip in lifetime mortgages to £270m in FY24 appeared...
View ArticleFCA drops ‘name and shame’ and diversity proposals
The Financial Conduct Authority (FCA) has gone back on plans to announce enforcement investigations early to increase transparency due to a “lack of consensus”. The post FCA drops ‘name and shame’ and...
View Article