Mortgage
Lloyds sees profit jump, mortgages remain flat
Lloyds Banking Group saw pre-tax profits jump 57% to £7.5bn last year, due to higher interest rates, while its key...
Remortgaging driving recent uptick in lending
The recent rise in mortgage lending is being driven by a significant increase in remortgage activity, according to the latest...
L&G Mortgage Services hires Simpson as strategic relationship manager
Legal & General Mortgage Services has hired Jane Simpson as a strategic relationship manager. Simpson joins from Paragon Bank where...
Suffolk BS cuts rates on expat mortgages and introduces new BTL option
Suffolk Building Society has cut rates on its expat mortgages by up to 55bps. The largest reductions are on its...
Countrywide Surveying Services joins Equity Release Council
Countrywide Surveying Services has become an associate member of the Equity Release Council. Countrywide Surveying Services provides a range of...
HSBC grows mortgage lending by £4bn
HSBC UK reports that its mortgage lending balances lifted by $5bn (£4bn) from a year ago. The move takes the...
Bridging lending hits new high
Bridging loan books hit another record high in the last quarter of 2024, according to the Association of Short Term...
Skipton Building Society loosens criteria for flats
Skipton Building Society has relaxed its lending criteria on flats, which the mutual says will help first-time buyers get onto...
Accord relaxes affordability calculations for ‘green’ homes
Accord Mortgages has eased affordability calculations for borrowers purchasing a new energy-efficient home. The intermediary-only lender will now automatically apply...
United Trust Bank cuts second charge processing times by five days
United Trust Bank Mortgages for Intermediaries has moved to cut second charge application-to-offer times by around five days by offering...
Later life lending tumbles 62% in 2023: Key
The equity release market suffered a “turbulent” 12 months with plan sales and drawdowns falling while new lending tumbled 62%...
Metro Bank enhances criteria on joint borrower, sole proprietor mortgages
Metro Bank will now allow godparents and family friends to support buyers on its joint borrower, sole proprietor mortgages. It...
