Jake Carter

Jake Carter is News Editor of Mortgage Introducer, Bridging Introducer and Specialist Finance Introducer

Key Group has signed a referral partnership with Newcastle Building Society.

Coreco has launched Coreco Network, which is aimed at brokers looking to set up their own business under the Coreco brand.

Growth

The monitory value of loan enquiries reached £203m for Funding 365 in October, up 160% annually.

Shawbrook Bank has extended its technology partnership with Quinnox.

BoE Money and Credit - mortgage approvals

The Bank of England has injected £150bn into the economy, as part of quantitative easing (QE), ahead of increased restrictions across the country.

Borrowing 95% of a properties value can be a good and a bad thing for first-time buyers, according to Aaron Archer, chief executive of Finndon.

The second national lockdown in the UK is unlikely to cause any new issues for the housing market, according to Martin Reynolds, chief executive of SimplyBiz Mortgages and chairman of AMI.

According to the bank, the cuts will primarily affect staff in its group transformation and retail banking teams.

Vouch, a referencing platform, has added Helpthemove and Tili as utility providers.

insurance premiums

Less than a third of UK adults can correctly identify what income insurance is, according to The Association of Mortgage Intermediaries (AMI) latest report, titled ‘The New Protection Challenge’.