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83% of brokers say lenders not keeping up with changing borrower needs, data finds
1+ day, 3+ hour ago (357+ words) More than four in five (83%) mortgage brokers said lenders have not kept pace with borrowers" evolving needs, up sharply from 52% six months ago, according to research from Nottingham Building Society." The findings come as the Financial Conduct Authority (FCA) reviews…...
Debt consolidation and borrower behaviour driving second charge growth, says Loans Warehouse
1+ day, 14+ hour ago (253+ words) Loans Warehouse has said growth in the second charge mortgage market is shifting away from demand driven by interest rate pressures towards more structural factors. The broker said earlier growth had been fuelled by borrowers trapped on long-term fixed rates…...
Birmingham brokers the fastest at processing FTB cases, Boon Brokers finds
6+ day, 5+ hour ago (690+ words) Birmingham had the fastest overall mortgage broker processing for first-time buyers (FTBs) in the UK, research from Boon Brokers found. The study, carried out by TLF Research with 1, 000 FTBs from the North, East, West and South of England, found younger…...
Glenhawk appoints Ryan Brewer as business development manager for the north
1+ week, 6+ hour ago (258+ words) Glenhawk has appointed Ryan Brewer as business development manager for the North West, North East and Scotland as it continues to expand its regional sales presence. Brewer, who is based in Manchester, brings more than 5 years" experience in bridging finance,…...
HLPartnership adds Afin Bank to lender panel
1+ week, 4+ hour ago (292+ words) HLPartnership has added Afin Bank to its lender panel, providing advisers across the network with access to a lender offering a broad range of residential and buy-to-let solutions. The addition gives advisers another option for borrowers with more complex circumstances,…...
Vida cuts rates and expands mortgage product range
1+ week, 4+ day ago (155+ words) Vida has launched an updated mortgage product range, introducing rate reductions and new options aimed at increasing flexibility for brokers. The lender has reduced rates across its range by up to 0. 72% and added Fee Saver and cashback products to support…...
Fleet Mortgages launches 75% LTV tracker products across buy-to-let ranges
1+ week, 4+ day ago (257+ words) Fleet Mortgages has launched three new 75% loan-to-value 2-year tracker products across its Standard, Limited Company and HMO/MUFB buy-to-let ranges. The Standard and Limited Company trackers are priced at Bank Base Rate plus 0. 75%, with a current rate of 4. 5%, while the…...
Nottingham Building Society expands BTL criteria
1+ week, 5+ day ago (309+ words) Nottingham Building Society has announced a series of enhancements to its buy-to-let (BTL) lending criteria, including increasing its maximum mortgage term to 40 years, up from 35 years. The move is designed to provide landlords with greater flexibility when structuring borrowing, particularly…...
Smart Money People launches latest mortgage lender benchmark survey
1+ week, 5+ day ago (221+ words) Smart Money People has launched its latest Mortgage Lender Benchmark survey, inviting UK mortgage brokers to provide feedback on lender service levels and technology. The independent research will assess how lenders perform across areas including criteria, speed, communication and relationship…...
MAA remortgages more than double after FCA rule change, Stonebridge finds
1+ week, 6+ day ago (398+ words) Financial Conduct Authority (FCA) rule changes to Modified Affordability Assessments (MAAs) have driven a sharp increase in borrower switching, according to data from Stonebridge. The findings revealed that remortgages with new lenders using MAAs rose by 126% year-on-year. Between July 2025, when…...