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News
Afin Bank hits £135m in mortgage approvals in 12 months
9+ hour, 26+ min ago (640+ words) Afin Bank has celebrated its first full year in operation by hitting a lending milestone of £ 135 million in mortgage approvals in just 12 months. The Bank, which also offers FSCS-protected savings accounts, has also topped £ 60 million in savings deposits. Afin launched…...
Foundation expands Specialist Buy to Let range with new 80% LTV products
1+ week, 5+ day ago (330+ words) Foundation, the intermediary-only specialist lender, has today (22nd April 2026) announced the launch of a new range of Buy to Let Special products, including two-and five- year fixed rate options at 80% LTV for F1, Standard HMO and MUFB products. Foundation said these new…...
Aldermore reduces rates on special edition range
2+ week, 3+ day ago (243+ words) Aldermore today announces rate reductions within its special edition BTL range for product switches, offering greater choice for both individual residential property landlords and company landlords. The following rates are available immediately: 2 year fixed special edition, 70% LTV, zero fee at…...
Pepper Money announces significant 0.20% rate cut across full product range
1+ mon, 2+ day ago (370+ words) Pepper Money, has announced a 0.20% rate reduction across its full product range, including Residential, Buy-To-Let and Affordable Home Ownership mortgages. The reductions are designed to help brokers support more customers with complex circumstances and improve access to mortgage options for…...
TMA Club's Rob McCoy welcomes FCA proposal for changes to help more people access mortgages
1+ mon, 2+ week ago (482+ words) “The FCA’s mortgage rule review is a welcome piece of work, and very much in step with the government’s broader growth agenda. The regulator is asking itself an important question: where has the pendulum swung too far, and where can…...
The industry reacts to the FCA's mortgage reform plans
1+ mon, 2+ week ago (1683+ words) Its proposed mortgage rule changes would give lenders more flexibility to consider individual circumstances and develop products that better meet people’s needs – while maintaining strong consumer protections. They include reducing barriers for lenders to offer flexible repayments for people with…...
A view on the ground: what makes an effective BDM?
1+ mon, 4+ week ago (632+ words) When I was recently asked to host a session for new Business Development Managers (BDMs), I was tempted to start with providers, products and performance data as an introduction to our sector. But as I began to sketch out my…...
Darlington Building Society increases foreign currency lending to 90% LTV to support expat and foreign-income borrowers
2+ mon, 3+ week ago (543+ words) Darlington Building Society has increased the maximum loan-to-value (LTV) available on its foreign currency mortgage range to 90%, up from 80%, aimed at supporting brokers placing cases for expat and foreign-income clients, including first-time buyers. Effective immediately, the change reflects a clear…...
83% of brokers say lenders are not moving quickly enough to meet evolving borrower needs
3+ mon, 1+ week ago (596+ words) More than four in five (83%) mortgage brokers say lenders have not moved quickly enough to keep pace with borrowers’ evolving needs, a sharp increase from 52% just six months ago, according to new research from Nottingham Building Society. With the Financial…...
AI to reshape the role of mortgage underwriters from processor to auditor, new MQube Analysis shows
4+ mon, 2+ week ago (226+ words) The study examined nearly 1,000 complex mortgage cases that had already been underwritten by experienced human underwriters. Using the exact same information provided to the human underwriters, MQube’s AI technology re-underwrote the cases and reached the same outcome as human underwriters…...