Shared ownership remains ‘misunderstood and underused’ among young people

December 10, 2018

Some three-quarters of people in the UK have heard of shared ownership, however among 18-24-year-olds awareness is as low as 40%.

Central Bridging completes £2m second charge bridge in 10 working days

December 10, 2018

Central Bridging has completed a £2m second charge bridging loan in just 10 working days for a professional property investor based in North West London.


BFS lends £643,000 to homeowner to build a second home

December 10, 2018

Bridging Finance Solutions has lent £643,000 to a private developer to buy a large detached house in Wirral with scope to build a second home on the existing grounds.

London Credit joins The Association of Short Term Lenders

December 10, 2018

London Credit, a provider of business-purpose bridging loans, has joined The Association of Short Term Lenders (ASTL) as a member.

Royal London upgrades protection offering

December 10, 2018

Royal London has upgraded its protection offering and will now pay up to £25,000 on diagnosis of low grade prostate cancer, which apart from Vitality nobody else does.

UK Agricultural Finance hires Lord Davies as chairman

December 10, 2018

UK Agricultural Finance has appointed Lord Davies of Abersoch, the former chief executive of Standard Chartered Bank and government minister, as its chairman.


Mortgage Introducer

Brace yourselves! 2019 could be 2009 all over again

And so the end of another year approaches, as ever surprising many of us in the process. But as we edge closer to the finish line tape of 2018, you sense next year could deliver no end of curveballs at best. And a black swan at worst.

Jonathan Newman

Is the short-term lending market robust enough to deal with the fallout from Brexit?

What a mess! Most people provisioned for uncertainty, not many for huge internal political chaos, but that’s where we are.

Newbury Building Society raises over £8,900 for Mortgage Sleep Out

December 10, 2018

Newbury Building Society has raised over £8,900 in sponsorship and donations after taking part in this year’s Mortgage Sleep Out, more than twice its £3,500 target.

Simon Burnell joins UTB as head of product development

December 10, 2018

Simon Burnell, formerly director of sales at Vida Homeloans, has joined United Trust Bank as head of product development for mortgages and bridging.

TMA Club launches adviser-led video channel

December 10, 2018

The channel will provide members with all the latest news, content and updates from TMA HQ as the club continues to invest in technology to support its advisers. It will act as a hub for industry content and news, including updates on all of TMA’s exclusive products and latest releases as well as educational videos, webinars and market updates.

buy-to-let News

20% of tenants need guarantor to rent

December 7, 2018

In the majority of cases, requiring a guarantor is due to the prospective tenant failing an affordability test.

Paragon speeds up portfolio lending applications

December 6, 2018

The system helps intermediaries meet PRA underwriting standards for landlords with large-scale property portfolios by allowing them to easily import landlord data easily from multiple spreadsheets.

Mortgage Introducer

That was the year that was

A year of many highs and lows.

Mortgage Introducer

Christmas and New Year considerations

This is a great time for intermediaries to conduct client catch-ups and planning appointments in preparation for 2019, looking at income, life, family or home cover.

Mortgage Introducer

Why I am delighted by the SRA’s new transparency rules

Are the days of ‘hidden surprises’ truly behind us? For the sake and credibility of our industry, I sincerely hope so!

Mortgage Introducer

The dawn of digital – how equity release is taking the next step

We need the full support of lenders and in some instances they need to develop their technology to keep pace.

TMW launches 10-year fix and reduces stress rates

December 5, 2018

The 10-year fix range starts at 2.74% to 65% loan-to-value with a £1,995 fee, free standard valuation and £250 cashback, with ERCs for the 10 years.

Accord introduces 0.30% retention proc fee

December 4, 2018

At the same time the lender has expanded its range of products on offer to existing buy-to-let landlords.

Tipton & Coseley reduces ICRs

December 4, 2018

Additionally, the society has reduced the minimum buy-to-let age on application from 25 to 21 years.

Mortgage Introducer

A specialist approach to talking affordability

More borrowers could benefit from a lender that is able to take an individual approach to their circumstances.

Ryan Bembridge

How might Brexit affect the regtech industry?

It is doubtful that we will see deregulation.

Mortgage Introducer

A brief case of clarity

The scheme was originally due to end in 2021 but will now continue until 2023, but only for first-time buyers and with new lower limits.