
Majority of Brits treat themselves during lockdown
COVID-19 has prompted a sharp increase in one-off purchases, with more than half of Brits (53%) splashing out on an item worth over £200 that they wouldn’t...
March 2nd, 2021

Dealer Pulse 2021 – from MotoNovo Finance
Dealers recognise that their overall approach to business is reactive led by the ‘here and now’. Arguably a weakness, this short-term approach served many...
March 2nd, 2021

Nationwide shows house prices rebounded in February
Concerning the latest Nationwide House Price Index, Matthew Cooper, Founder & Managing Director of Yes Homebuyers, commented: “We’ve seen the property...
March 2nd, 2021

HNW mortgage broker Enness welcomes new Chairman
Enness Global Mortgages, the mortgage broker of choice for global ultra-high-net-worth individuals, is pleased to announce Nigel Le Quesne as Non-Executive...
March 2nd, 2021

The Money and Pensions Service announces appointment of new non-executive director
The Money and Pensions Service (MaPS) has announced the appointment to its Board of a new non-executive director, Alex Heath. Joining the MaPS Board from 1...
March 1st, 2021

79% of homebuyers are hoping for a stamp duty holiday extension, 71% want it scrapped altogether
The current stamp duty holiday has helped to turbocharge homebuyer demand since it was introduced in July of last year, suspending the tax paid on the first...
March 1st, 2021

Scottish FinTech Exizent announces three new big name clients
Glasgow-based legal technology firm Exizent is going from strength to strength following the confirmation that Countrywide Tax and Trust Corporation,...
February 26th, 2021

Air Group release latest half-year ‘Temperature Check’ of Equity Release Provider service levels
Air Group, the leading later life services platform, has today announced its second half-year equity release provider ‘Temperature Check’ report focusing...
February 26th, 2021

Foundation Home Loans announce price cuts of up to 0.5% across its residential range and up to 0.2% on buy-to-let
Foundation Home Loans, the intermediary-only specialist lender, has today cut rates across a number of products within both its residential and buy-to-let...
February 25th, 2021

Amigo Holdings PLC (LSE:AMGO) Announces 3rd Quarter Results
Amigo Holdings PLC, (Amigo), the leading provider of guarantor loans in the UK, announces results for the nine-month period ended 31 December 2020. Commenting...
February 25th, 2021

Just Mortgages recruiting for latest academy
Following the success of Just Mortgages’ first academy of 2021, the next crop of budding brokers are set to begin training on 19th April. The first academy...
February 25th, 2021

Response to FCA fair treatment guidance
Commenting in relation to today’s launch of the FCA guidance, Helen Lord, director, Vulnerability Registration Service said: “The Vulnerability...
February 24th, 2021

Comment: Momentum in housing market continuing to build
Following the release of the latest housing figures which shows property transactions completed in January were the highest in a decade, John Phillips,...
February 23rd, 2021

FCA’s guidance on fair treatment of vulnerable customers: Money and Pensions Service comment
The Money and Pensions Service welcomes the Financial Conduct Authority’s publication of guidance for firms on the fair treatment of vulnerable customers...
February 23rd, 2021

StepChange responds to FCA’s New Vulnerability Guidance
The Financial Conduct Authority (FCA) have today confirmed their new guidance on the treatment of vulnerable customers. Commenting on the update, Peter Tutton,...
February 23rd, 2021

Looking at the bigger picture – Comment on the HMRC property transactions
Following the HMRC figures this morning, Richard Pike, Phoebus Software sales and marketing director, says “If ever there was a case for ‘looking at the...
February 23rd, 2021

Dealer Finance Must Fight to Win Hearts & Minds
The motor industry has had a problematic relationship with the consumer media when it comes to used car dealer finance. Perceptions from the press have long...
February 23rd, 2021

Brokers fear severe capacity issue in future lending as consequence of Government loans
The volume of Government loans granted to help SMEs through the COVID-19 crisis will be having a potentially devastating impact on the availability of...
February 22nd, 2021

The Money and Pensions Service announces three senior appointments
The Money and Pensions Service has announced three senior appointments including a new Chief Finance Officer and new Pensions Dashboards Programme Director....
February 22nd, 2021

The Conveyancing Task Force
A number of leading organisations in the conveyancing profession have agreed to work together as The Conveyancing Task Force to discuss, and where possible...
February 22nd, 2021

StepChange responds to 6-month extension of £20 Universal Credit uplift
It has been reported that the Chancellor Rishi Sunak will, subject to approval from the Prime Minister, extend the £20 uplift to Universal Credit for a...
February 22nd, 2021

Coutts and Adam & Company annual results
Significant year-on-year balance growth driven by increases across deposits, lending and investments. Deposits – increased £3.8bn (13%) Lending –...
February 19th, 2021

Sprout names president Michael Strauss as CEO
Sprout Mortgage, the leading nationwide force in non-QM residential lending, today announced that effective immediately Michael Strauss has been named to the...
February 17th, 2021

Specialist Mortgage Group announce sale of Pink Pig Loans to management team
Specialist Mortgage Group (SMG), the group of packaging firms committed to specialist finance, has today announced the sale of Group firm, Pink Pig Loans, back...
February 16th, 2021

The industry must prepare home buyers for stamp duty holiday disappointment, says O’Neill Patient
O’Neill Patient LLP (ONP) is calling on the industry to work together during this extremely busy time as the end of the stamp duty holiday looms ever closer....
February 16th, 2021

Phoebus Software sets £10,000 target for 2021 nominated charity, FareShare
Phoebus Software Limited (PSL) has revealed the results of its annual vote which determines its nominated charity for the year ahead. In 2021, staff at PSL...
February 16th, 2021

Covid causes 41% drop in property sales despite stamp duty holiday boost
Property market analysis by estate agent comparison site, GetAgent.co.uk, has revealed that residential transactions across England and Wales fell by -41% in...
February 15th, 2021

WSO2 2021 Open Banking Predictions
2021 will be characterised by volatility and uncertainty as financial institutions navigate the economic and social impacts of COVID-19. The pandemic has...
February 15th, 2021

Why the Woolard Review could be a real game-changer in getting the credit market to work for all consumers
Christopher Woolard’s review of change and innovation and the unsecured credit market dropped into the world on 2 February. It is in part a...
February 12th, 2021

The Investment Community Backs MotoNovo’s Approach to the Pandemic
In August last year, the FT reflected that the Coronavirus pandemic posed a significant challenge to the financial services industry. Above all, it noted;...
February 12th, 2021
KickStart Money response to the Financial Conduct Authority’s Financial Lives survey report
In response to the Financial Conduct Authority’s Financial Lives survey report released today, Jane Goodland, Co-Chair of KickStart Money said: “The...
February 12th, 2021

Consumer car finance new business volumes fell by 12% in December 2020
New figures released today by the Finance & Leasing Association (FLA) show that the consumer car finance market reported a fall in new business volumes of...
February 11th, 2021

Consumer finance new business fell by 18% in December 2020
New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business fell in December 2020 by 18% compared with...
February 11th, 2021

StepChange reacts to FCA’s Financial Lives Survey findings
Today, the Financial Conduct Authority has released the results from its latest Financial Lives Survey showing that the ongoing Covid-19 pandemic has left a...
February 11th, 2021

Rebuilding Financial Wellbeing
New research funded by the Money and Pensions Service (MaPS) shows that 7 in 10 employees enrolled in a workplace payroll scheme save every month and are 18%...
February 11th, 2021

Dudley Building Society joins MCI Mortgage Club
The latest lender to join MCI Mortgage Club’s panel is Dudley Building Society, which is known for its manual approach to underwriting. Dudley offers a wide...
February 10th, 2021

Countrywide Surveying Services promotes Rebecca Freeman to Director of Field Operations
Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, has announced the promotion of Rebecca Freeman to...
February 10th, 2021

New build house prices boom by as much as 48% since 2015, out performing the regular market across the UK
The latest research from new build snagging company, HouseScan, has revealed where new build homebuyers have enjoyed the largest return on their investment in...
February 10th, 2021

Dawsons Property and TDS Raise the Bar in the Tenancy Deposit Experience
As a recent winner in the 2021 Best Estate Agency Guide and the only South West Wales agent to be included in countries top 5% of agents, Dawsons Property has...
February 9th, 2021

StepChange Welcomes Work & Pensions Committee Recommendations on £20 Uplift
StepChange Debt Charity is pleased to see that, after holding evidence sessions, the Work & Pensions Select Committee is urging Government to maintain the...
February 9th, 2021

Demand for Properties Outstripping Supply as Housing Market Outpaces 2020 Performance
Figures published in January show clear evidence that the demand for properties in January 2021 has outperformed the same period last year. Demand for homes is...
February 9th, 2021

The way out of debt needs to be simplified now to help those impacted by the pandemic
National debt counselling charity Christians Against Poverty (CAP) is calling for urgent changes to be made to Debt Relief Orders (DROs) so thousands of people...
February 9th, 2021

Half of Brits improve financial planning during pandemic
Research for Indesser, a joint venture between the Cabinet Office and TDX Group, has shown that over half of Brits (53%) have improved their financial tracking...
February 8th, 2021

Digital-only Banks in Consideration by over Half of US Consumers, Juniper Research Finds
A new survey conducted by Juniper Research has found that more than 50% of US consumers wanting to change banks would consider a digital-only bank, with the...
February 8th, 2021

House price affordability at its worst in a decade as property prices hit 10x the average salary
The latest research by lettings and estate agent, Benham and Reeves, has revealed that current affordability across the UK property market is at its worst in...
February 8th, 2021

Blue Motor Finance benefits from substantial new equity investment from Cabot Square Capital
Last week, Cabot Square Capital substantially increased its equity investment in Blue Motor Finance (Blue). This further round of investment demonstrates...
February 5th, 2021

Strong growth leads to sharp increase in pretax profits for year to December 2019 at CarMoney
CarMoney, the rapidly expanding Motherwell-based motor finance business, saw a sharp increase in profitability in the year to 31 December 2019 which was driven...
February 3rd, 2021

FLA response to the FCA’s Woolard Review
Commenting on the publication of the Woolard Review into change and innovation in the unsecured credit market, Stephen Haddrill, Director General of the...
February 2nd, 2021

Money and Pensions Service comments on Buy Now Pay Later/ Woolard Review
Commenting on the proposed regulation of Buy Now Pay Later products, and the debt advice and affordable credit recommendations of the Woolard Review into the...
February 2nd, 2021

The Right Mortgage and Protection Network celebrates their sixth birthday
The Right Mortgage and Protection Network marks its 6th year in business by highlighting its appetite for further growth and its continued dedication to its...
February 2nd, 2021

Money Advice Trust welcomes plans to regulate buy-now-pay-later products
The Money Advice Trust has welcomed the recommendations of the Woolard Review and today’s government announcement that buy now, pay later products will be...
February 2nd, 2021

Impact Specialist Finance in self-employed adviser recruitment drive
Impact Specialist Finance has announced plans to expand its mortgage brokerage with a self-employed adviser recruitment drive. Impact Specialist Finance was...
February 2nd, 2021

Chris Wood to join StepChange Debt Charity’s Board of Trustees
StepChange Debt Charity is today pleased to announce the appointment of Chris Wood as a Trustee of the charity from 1 February 2021. Chris has extensive...
February 1st, 2021

The need for higher LTV lending – Comment on the BoE money and credit figures
Following the Band of England’s money and credit figures this morning, Richard Pike, Phoebus Software sales and marketing director, says: “When you...
February 1st, 2021

Air Group announce Jon Tweed as Group Distribution Director
Air Group, the collective of companies covering a range of retirement and later life services, has today announced the appointment of Jon Tweed as its new...
February 1st, 2021

PIMFA calls on Industry, Government and Regulators to work together to create a future advice market that works for all
PIMFA, the trade association for the wealth management and financial advice industry, is today calling on the Industry, Government and Regulators to work...
February 1st, 2021

The Money Stats – January 2021 – Pandemic’s Mounting Financial Impact on UK Households
As 2020 came to a close, the fuller picture of Covid-19’s effect on UK household finances continued to emerge, demonstrating the significant mounting...
January 29th, 2021

More action needed to put an end to misleading debt advice adverts
The Money Advice Trust, the charity that runs National Debtline, has welcomed today’s decision from the Advertising Standards Authority to uphold complaints...
January 28th, 2021

Groundbreaking guidance launched on inclusive design for essential service firms and regulators
The Money Advice Trust and Fair By Design have today launched new, practical guidance for firms and regulators on how to embed inclusive design in product...
January 27th, 2021

39% of buyers plan to pull out if they miss the stamp duty deadline, with 45% willing to pay in full now to skip the market backlog
Research by home buying platform, Yes Homebuyers, has revealed that half of current homebuyers would happily pay the stamp duty owed on their purchase if it...
January 27th, 2021

Pressure grows to deal with online debt advice scammers as ASA upholds complaints
StepChange Debt Charity welcomes the decision by the Advertising Standards Authority to uphold complaints made by the Money and Pensions Service, with the...
January 27th, 2021

MaPS comments on ASA rulings on debt advice ads
On Wednesday 27 January, the Advertising Standards Authority (ASA) will publish two rulings which ban misleading ads by commercial debt advice firms. Both...
January 27th, 2021

Lenders should prepare for spending binge
Data analytics company LendingMetrics is predicting a phenomenal spending rebound by the end of the second quarter 2021, if the brakes are taken off pent-up...
January 26th, 2021

MotoNovo Steps Up its Support to Dealers During Lockdown
MotoNovo Finance has confirmed two initiatives designed to support its dealers through the latest lockdown period; Vehicle Stocking – with immediate effect,...
January 25th, 2021

Comment: Time for the sector to “embrace the technology available” to prevent money laundering
Commenting on the change to AML guidance for the conveyancing sector, John Dobson, CEO at AML specialists SmartSearch said: “The conveyancing sector plays...
January 21st, 2021

Paradigm launch lender search indemnity stance matrix
Paradigm Mortgage Services, the mortgage services proposition, has today announced the launch of a new lender matrix outlining the approach of lenders to...
January 21st, 2021

West One Loans’ Buy-to-let launches with L&G Mortgage Club
West One Loans’ buy-to-let division continues to open up its proposition to more brokers as it launches with Legal & General Mortgage Club today, the...
January 21st, 2021

Will there yet be a bottleneck? – Comment on the latest Property Transactions figures
Following the government report on Property Transactions this morning, Richard Pike, Phoebus Software’s sales and marketing director, says “The good news...
January 21st, 2021

Foundation Home Loans announces significant increase in recruitment
Foundation Home Loans, the intermediary-only specialist lender, has today announced a significant increase in recruitment expanding resources across its...
January 21st, 2021

findandfundmycar.com Celebrates its 3rd Birthday
Launched in 2018, the findandfundmycar.com ecosystem has evolved continuously by listening to dealers and customers and leveraging new and emerging digital...
January 21st, 2021

An upward trajectory – Comment on the ONS HPI for November
Following the latest ONS house price index report this morning, Richard Pike, Phoebus Software sales and marketing director, says “The housing market has...
January 20th, 2021

House prices jump 7.6%! Industry reaction to the latest UK House Price Index
The latest Gov UK House Price Index on sold prices shows that: UK house prices jumped 1.2 in November on the previous month. They also saw a huge 7.6%...
January 20th, 2021

Brits plan to spend less and improve their financial health in 2021, as a nation of savers emerges from the Covid-19 crisis
Research from credit-builder credit card, Vanquis reveals the average Brit wants to save more (27%), spend less (24%), pay off debts (15%) and make a budget...
January 20th, 2021

Average tenant age drops during Covid pandemic
The latest research from the international rental marketplace, Spotahome, has found that the average age of renters across Europe has dropped since the Covid...
January 19th, 2021

Freehold homes go for a 77% property price premium but government reforms could close the gap
Leasehold homes carry a certain stigma amongst UK homebuyers, and understandably so due to a string of scandals hitting the headlines in recent years and also...
January 18th, 2021

MCI appoints Swansea Building Society to its panel
MCI Mortgage Club continues to expand the range of building societies on its panel by adding the regional lender, Swansea Building Society. Swansea Building...
January 18th, 2021

Amy Wilson named new head of general insurance a The Right Mortgage
Amy Wilson has been appointed as The Right Mortgage and Protection Network Head of General Insurance, in which she will continue to lead the network’s...
January 15th, 2021

Countrywide appointed as primary surveying and valuation supplier to Santander
The UK’s largest property services group, Countrywide, has announced that Countrywide Surveying Services has renewed its partnership with Santander through a...
January 14th, 2021

Consumer finance new business fell by 16% in November 2020
New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business fell in November 2020 by 16% compared with...
January 13th, 2021

Successful pilot reveals benefits of giving teachers the tools to teach kids about money
A pilot online teacher training programme has been found to make a big impact on the ability of primary teachers to teach their pupils about money. 8 in 10...
January 12th, 2021

Pure Retirement signs new contract with Phoebus Software
Pure Retirement and Phoebus Software Limited have signed a new contract. The equity release specialist has used the Phoebus solution to originate and service...
January 12th, 2021

Two thirds of Brits still don’t trust online banking, despite branch closures forcing many to go digital
Since January 2015, banks and building societies have closed 3,770 branches in the UK, leading to a seismic shift towards online banking. Yet, two thirds (66%)...
January 12th, 2021

Zephyr Homeloans introduces a 24/7, online Self-Serve platform for customers
Zephyr Homeloans, the specialist buy-to-let lender, has introduced an online Self-Serve platform, allowing customers to manage their mortgage account online 24...
January 7th, 2021

Money troubles are more damaging to well-being of the self-employed
Financial distress is more damaging to the well-being of the self-employed than those in employment, finds new research from Trinity Business School. According...
January 6th, 2021

Comment: Housing market set to outperform expectations in 2021
Commenting on the Bank of England Money and Credit figures released today John Phillips, national operations director of broker firm, Just Mortgages, said:...
January 4th, 2021

Fleet Mortgages announce Steve Cox promotion
Fleet Mortgages, the buy-to-let specialist lender, has today announced the promotion of Steve Cox who becomes its new Chief Commercial Officer. Formerly...
January 4th, 2021

Foundation Home Loans accept Search Indemnity to help increase completions
Foundation Home Loans, the intermediary-only specialist lender, has today announced it will now accept ‘No-Search Indemnity Insurance’ for purchase and...
December 23rd, 2020

CISI and Chartered Banker Institute welcome important update to the FCA Register on membership
Two leading financial services professional bodies are delighted that the recently updated FCA Register , which went live on 14th December, now includes...
December 23rd, 2020

Connect for Intermediaries joins the Society of Mortgage Professionals
Connect for Intermediaries, the specialist network, packager and referral partner, has just joined the Society for Mortgage Professionals (SMP) as an associate...
December 21st, 2020

The Money Stats – December 2020 – Household Divide Continues to Widen Sharply
The divide between the ‘haves’ and the ‘have nots’ continues to grow starkly as we move towards the end of a year dominated by the Covid-19 pandemic,...
December 21st, 2020

Money Advice Trust responds to extension of Government Covid-19 business loan schemes
The Money Advice Trust, the charity that runs Business Debtline, has welcomed the Chancellor’s extension of the government-backed Covid-19 business loan...
December 18th, 2020

R3 launches consumer debt advice resource
R3, the insolvency trade body, has launched a new resource for individuals in England and Wales who want to learn more about personal insolvency processes and...
December 18th, 2020

OMS in full platform integration with Oplo
One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has completed a full integration with second charge...
December 17th, 2020

West One Buy to Let launches first mortgage club with Dynamo for Intermediaries
West One’s Buy to Let division launches its first mortgage club today, with Dynamo for Intermediaries. The move is a key step in the specialist lender’s...
December 17th, 2020

O’Neill Patient ranked #98 in The Lawyer Top 100
O’Neill Patient LLP (ONP) group is now a top 100 UK law firm, with the highest income per lawyer of any law firm in the country – significantly exceeding...
December 17th, 2020

StepChange clients explain in their own words what being in debt in the pandemic feels like
Today StepChange publishes a report on clients advised by the charity between April and October, revealing striking levels of hardship, and some notable new...
December 16th, 2020

MCI Club reveals consumers feel more secure going direct to lenders
Recent research from over 1,500 consumers, who had purchased a mortgage recently, saw 56% going direct to the lender with 49% citing that they felt more secure...
December 16th, 2020

trufe. Strike Partnership with Leeds United to Help Fans Save
Independent mortgage and commercial funding broker, trufe., has announced a multi-year agreement to become an official Leeds United Business Club partner in a...
December 16th, 2020

How Provident Financial is creating a modern workplace with Re:Call from Teleware
Provident Financial, a leading supplier of personal credit products to the non-standard lending market, has deployed Teleware’s Re:Call app as part of its...
December 15th, 2020

Leeds Building Society launches digital affordability tool
Leeds Building Society is working with leading financial services technology provider, Paylink Solutions, to help mortgage customers who may be facing...
December 14th, 2020

The Nottingham’s £10k BookTrust donation set to bring joy to 1,000 vulnerable children this Christmas
A Nottingham Building Society donation of £10,000 to BookTrust will help bring a smile to the most vulnerable children in our communities over the festive...
December 14th, 2020

Lloyds Banking Group reveals black staff paid nearly 20% less – leading business psychologist Professor Binna Kandola responds
Lloyds Banking Group has today revealed that its black staff are being paid nearly 20% less than their colleagues. It has said the large gap is due to the lack...
December 11th, 2020

FCA Changes – If we don’t take care of our customers, someone else will
This advice and the guidance also on the MSE site that notes; “Unless you can get 0% finance from the dealer, personal loan rates tend to be cheaper than...
December 11th, 2020

Consumers highlight on-going service requirement from brokers
Research has indicated that mortgage borrowers may prefer a wealth-like ongoing service plan from brokers. The Mortgage Insights 20/21 research, conducted by...
December 10th, 2020

Curo enhances its digital customer experience with PayPoint
With an increasing number of housing association residents seeking digital options for the payment of rent and related housing costs, West of England housing...
December 9th, 2020

4 in 10 self-employed expect Covid income shock to last more than a year
Nearly four in ten (37%) self-employed people surveyed expect it to take more than a year before their income returns to pre-Covid levels, while a tenth...
December 8th, 2020

Consumer car finance new business volumes fall by 3% in October 2020
New figures released today by the Finance & Leasing Association (FLA) show that the consumer car finance market reported a fall in new business volumes of...
December 7th, 2020

Consumer finance new business fell by 11% in October 2020
New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business fell in October 2020 by 11% compared with the...
December 7th, 2020

Financial Wellness Group launches its first Impact Report
Financial Wellness Group has released its first Impact Report, reviewing the work undertaken to support customers during both 2020 and the previous year. Debt...
December 7th, 2020

Comment: “Torrent of clients” taking advantage of stamp duty holiday after floodgates opened
Following the UK Finance figures, released this morning, John Phillips, national operations director of broker firm, Just Mortgages said: “Despite massive...
December 4th, 2020

Stamp duty holiday and pent up demand, but what now for 2021? – Comments
Following the UK finance figures this morning, Richard Pike, Phoebus Software sales and marketing director, said: “It is always interesting to look back, and...
December 4th, 2020

Christmas spend down by almost £300 this year
Average Christmas spend has fallen by £268 from this time last year, going from £1,057 (2019%) down to £789 (2020), according to new research from AA...
December 4th, 2020

PayPoint provides fast access to cash for school meal vouchers
Following news that the UK Government has extended the provision of free school meals for the Christmas holidays – and all school breaks until summer...
December 2nd, 2020

The Pandemic is Driving a Growing Financial Divide Within the UK
“The latest Money and Credit statistics from the Bank of England reveal mortgage approvals for home purchases remained strong, with net mortgage borrowing...
December 2nd, 2020

Third year for Paradigm’s ‘Reverse Advent’ charity drive for The Trussell Trust
Paradigm, the Mortgage, Protection & Compliance services proposition, has today announced it will be running its ‘Reverse Advent’ charity drive, in aid...
December 1st, 2020

Comment: BoE figures show “all hands to the pump” in the housing market
Following the news from the Bank of England that households borrowed an additional £4.3 billion secured on their homes in October and the number of approvals...
December 1st, 2020

Nationwide reveals highest house price growth since January 2015
Following the latest Nationwide house price index, Director of Benham and Reeves, Marc von Grundherr, commented: “We’re seeing strong evidence of sustained...
December 1st, 2020

Comments from Aire CEO on today’s Bank of England money and credit statistics
Responding to today’s figures from the Bank of England showing that mortgage approvals for house purchase increased further in October, while consumer credit...
December 1st, 2020

Air Mortgage Club launches Large Case Concierge Service
Air Mortgage Club – the distributor for equity release and later life advisers – has today announced the launch of a new Large Case Concierge Service...
November 30th, 2020

The Money Stats – November 2020 – Pressure Builds On UK Households
Multiple recent figures underline the scale of financial pressures building on UK households throughout 2020 from the economic impact of the Covid-19 pandemic,...
November 30th, 2020

FORS helps van drivers stay safe and efficient ahead of busy delivery season
FORS is encouraging van drivers to ensure safe and efficient driving is front of mind, as the seasonal boom in eCommerce makes roads busier. Black Friday at...
November 27th, 2020

Stonebridge announces new appointments
Stonebridge, the mortgage and insurance network, has announced a number of new appointments to the business during its AR Update Conferences which took place...
November 27th, 2020

Baroness Morgan of Cotes to become strategic adviser to StepChange Debt Charity
StepChange Debt Charity is today delighted to announce that the Rt Hon Baroness Nicky Morgan will take on the role of strategic adviser to the charity’s...
November 26th, 2020

Amigo Holdings PLC: Interim results for the six months ended 30 September 2020
Amigo Holdings PLC (LSE: AMGO)this morning announces its half year results for the six months ended 30 September 2020. Commenting on the results, Gary...
November 26th, 2020

Just Mortgages receives 750 applicants for Broker Academy
Just Mortgages is holding an Academy in January to bring new blood into the mortgage industry. The broker firm has already received over 750 applicants for its...
November 26th, 2020

Comment on Chancellor’s spending review from Chirag Shah
Following the Chancellor’s statement today, Chirag Shah, CEO, Nucleus Commercial Finance said: “We’re pleased to see the Chancellor announcing...
November 25th, 2020

More help for household budgets needed as part of ‘economic emergency’ support
The Money Advice Trust, the charity that runs National Debtline and Business Debtline has responded to the Spending Review, calling for urgent action to...
November 25th, 2020

CPS responds to Government’s Spending Review
Responding to the Chancellor’s Spending Review for 2021-22, Robert Colvile, Director of the CPS, said: “Today’s spending review recognises the...
November 25th, 2020

Paradigm Protect launches Focus guides to individual providers
Paradigm Protect, the directly authorised protection and general insurance (GI) proposition – which is part of Paradigm Mortgage Services – has...
November 25th, 2020

Covid Payment Plans go live as charity urges people who need debt help to explore options
From today, people who have experienced a temporary reduced income due to the pandemic can enter into the new Covid Payment Plan from StepChange Debt Charity....
November 24th, 2020

First signs emerge of a stamp duty holiday fuelled revival in property transactions
The latest research by estate agent comparison site, GetAgent.co.uk, has analysed current market health in the wake of the stamp duty holiday decision and how...
November 23rd, 2020

Public sector pay freeze could save up to £23 billion by 2023
Freezing public sector pay for the next three years could save a cumulative £23 billion, according to leading centre-right think tank, the Centre for Policy...
November 20th, 2020

Chartered Banker Institute welcomes new Board members
Today, following a Special General Meeting (SGM) of the Chartered Banker Institute, we are pleased to announce the election of four new Trustees to our Board...
November 20th, 2020

Amigo Holdings PLC – Appointment of Non-Executive Director
Amigo Holdings PLC (LSE: AMGO), a leading provider of guarantor loans in the UK, announces Michael Bartholomeusz will join the Board as a Non-Executive...
November 19th, 2020

MCI Club adds Legal & General Home Finance to its Lifetime Mortgage Proposition
The MCI Club has today appointed Legal & General Home Finance to its growing panel, further strengthening its lifetime mortgage proposition to its members....
November 19th, 2020

Connect appoints Umbrella Protect
Connect for Intermediaries has appointed specialist protection advisers, Umbrella Protect, to its panel in a mission to transform the way that protection is...
November 18th, 2020

StepChange responds to FCA’s updated support for mortgage borrowers
The FCA have today confirmed further support for those mortgage borrowers affected by the ongoing Coronavirus pandemic. Commenting on the announcement, Head of...
November 17th, 2020

Stephen Haddrill responds to the Governor’s speech about financial services supporting the recovery
Commenting on the Governor of the Bank of England’s speech today, which noted the need for ‘the financial services industry to support the economy,...
November 17th, 2020

Comment: It’s twist or bust time for traditional banks
“While we are seeing positive news regarding a vaccine, banks cannot afford to sit back and wait for things to return to normal. Now is the time for banks,...
November 17th, 2020

Money and Pensions Service responds to challenging financial wellbeing recommendations
The Money and Pensions Service (MaPS) has today released its response to 13 ambitious financial wellbeing recommendations from influential sector leaders,...
November 16th, 2020

Leek United added to Paradigm lender panel
Paradigm Mortgage Services, the mortgage services proposition, has today added Leek United Building Society to its lender panel. From today, Paradigm member...
November 16th, 2020

Rent fears prompts plea for landlord flexibility
One in seven Scottish businesses fear they won’t be able to make rental payments during the rest of 2020, according to a Federation of Small Businesses (FSB)...
November 13th, 2020

MotoNovo Release Online Reservation Tool to Help Dealers Through Lockdown
MotoNovo Finance has launched a new digital reservation tool that will be free until the end of February, that supports the move to online car sales 24×7...
November 13th, 2020

Long-term household debt crisis inevitable without urgent intervention, warns StepChange
New research from StepChange Debt Charity reveals levels of household borrowing and arrears attributable to coronavirus have soared to £10.3bn since the start...
November 12th, 2020

Unemployment figures emphasise need for greater support among those still in work
After the 4.8% increase in unemployment reported by the ONS today, Rob Marshall, managing director of employee benefits platform, WorkLife, said: “More than...
November 10th, 2020

Young Money launches ambitious ‘Money Heroes’ education programme to connect parents and teachers through Covid-19 and beyond
Young Money has this week launched its ambitious new Money Heroes financial education programme, centred around an innovative and sector-leading online...
November 9th, 2020

“Flexible furlough can be a great tool when used well, but dangerous if it becomes a dependency.”
Mark Neath, Head of Corporate Finance at Old Mill comments on the fact that the Self-Employed Income Support grants for the current and next quarter will now...
November 6th, 2020

Furlough extension ‘vital lifeline’ for struggling firms, but true troubles are far from over
Rob Marshall, managing director of WorkLife, said: “The Chancellor’s announcement will be hugely welcome for smaller firms who’ve been fearing they might...
November 6th, 2020

Future homebuyers could see house prices soar by £120k and deposit requirements jump by £12,000
The latest research by estate agent, Barrows and Forrester, predicts that the average UK homebuyer could see the initial cost of a mortgage deposit increase by...
November 5th, 2020

MCI appoints Buckinghamshire Building Society
The MCI mortgage club continues to expand its range of specialist lenders adding the Buckinghamshire Building Society to its panel. Following growing demand...
November 5th, 2020

Consumer car finance new business volumes up by 7% in September 2020
New figures released today by the Finance & Leasing Association (FLA) show that the consumer car finance market reported growth in new business volumes of...
November 4th, 2020

Consumer finance new business fell by 5% in September 2020
New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business fell in September 2020 by 5% compared with...
November 4th, 2020

More help for the self-employed, but Universal Credit change must be extended too
The Money Advice Trust has welcomed the Chancellor’s announcement that Self-employment Income Support Scheme grants will be calculated on the basis of 80% of...
November 3rd, 2020

StepChange reacts to FCA’s further consumer credit support
The Financial Conduct Authority has today announced further proposals to support consumer credit borrowers impacted by coronavirus. Reacting to the...
November 3rd, 2020
Conveyancing firm ONP comments on second lockdown announcement
Commenting on the announcement of a second lockdown, ONP managing director Adam Forshaw, said: “It’s really business as usual for us because the housing...
November 3rd, 2020

House sales surge in September
Residential property transactions increased by more than 20 percent in September compared with August sales. However, September’s figures of 98,010...
November 2nd, 2020

StepChange releases September client data analysis and comments on new Bank of England data
Today the Bank of England has released its Money and Credit data for September, showing a slump in the demand for credit following two months of increased net...
October 29th, 2020

Hope Capital comments on Bank of England Money and Credit stats
Commenting on the Bank of England Money and Credit figures, Jonathan Sealey CEO of specialist short term lender Hope Capital, said: “The Chancellor has...
October 29th, 2020

“Time is running out” – BoE Money and Credit comment
Following the Bank of England Money and Credit statistics this morning, Richard Pike, Phoebus Software sales and marketing director, says, “Mortgage...
October 29th, 2020

Used Car Buyer Perceptions – Independent Dealers Lead the Way
A survey of over 1500 used car buyers or those considering buying a used car reveals that independent dealers outperform dealer groups when it comes to their...
October 29th, 2020

The Money Stats – October 2020 – Positive Signs Tempered By Lower Financial Resilience
Positive news of higher savings levels and lower credit card balances over recent months is tempered by evidence of wider losses of income and lowering of...
October 28th, 2020

Savers are set to miss out on millions in returns after epic £75.5bn savings haul in lockdown
Savers are set to miss out on millions in returns after an epic £75.5 billion savings haul in lockdown, according to a new report by Atom bank. On average...
October 28th, 2020

Personal leasing demand helps offset market decline
The overall BVRLA lease fleet shrank by 3.6% year-on-year according to the latest Q2-2020 Quarterly Leasing Survey, as a 2.1% growth in the LCV fleet size...
October 28th, 2020

Comment: HSBC could start charging for basic banking services
“Charging for basic banking services must not become the norm for traditional banking. Customers will not accept this and it will just accelerate the...
October 28th, 2020

HomeFact celebrates its first anniversary
To commemorate the first anniversary of its innovative Home Condition Report, HomeFact, research from Countrywide Surveying Services found that almost...
October 27th, 2020

UK house prices predicted to jump by £30,000 over the next four years
The latest research by estate agent comparison site, GetAgent.co.uk, has highlighted which UK regions are predicted to benefit from the greatest level of house...
October 27th, 2020

‘UK rental value shifted from urban to rural areas over summer as tenants drop the commute and seek more space’
Rents increased in many rural areas and fell sharply in some cities over the summer as more UK tenants looked to relocate from town to countryside, according...
October 27th, 2020

Money Advice Trust responds to launch of review into water affordability
The Money Advice Trust has welcomed today’s announcement of an independent review into the current financial support measures in place for water customers....
October 23rd, 2020

India Embraces Digital Peer-to-Peer Money Transfers During COVID-19, Fuelling 1M New Users on Paysend
Following coronavirus outbreak, Paysend facilitated more than double the volume and value of payments to Indian bank accounts. The COVID-19 pandemic is...
October 23rd, 2020

Paradigm adds LiveMore Capital to lender panel
Paradigm Mortgage Services, the mortgage services proposition, has today added specialist mortgage lender, LiveMore Capital, to its panel. From today, Paradigm...
October 22nd, 2020

Dealer Finance is Helping to Drive Used Car Sales
The bounce-back in used car sales since the initial lock-down measures were lifted has been encouraging for the motor retail sector. Increasingly, customer...
October 22nd, 2020

Jaywing expands financial services offering with two new senior hires
Data-powered integrated agency Jaywing, has announced the appointment of two senior team members to its financial and professional services team. With twelve...
October 21st, 2020

Comments: “Fantastic time to be a broker”
“It is a fantastic time to be a mortgage broker. What we’re seeing at Just Mortgages is reflecting the national figures. In fact, we saw record numbers of...
October 21st, 2020

Industry reaction to the latest UK House Price Index
“Explosive levels of buyer activity at the front of the sales process is continuing to yield a consistent increase where sold prices are concerned, albeit at...
October 21st, 2020

Savers becoming less materialistic as result of the pandemic
It’s no secret that the pandemic has forced a nation of savers, but new research shows it has also triggered a profound shift in attitude towards spending....
October 21st, 2020

Efma names Jean-Marc Pailhol, from Allianz Partners, as its new chairman
Efma, the leading non-profit global association for senior decision-makers across the banking and insurance industries, is delighted to announce the...
October 21st, 2020

Opportunity for credit providers as homemovers soar
The number of homemovers in the UK is set to reach its highest level for over a decade reveals the latest Property & Homemovers report from data...
October 20th, 2020

Sammon Mortgages appoints sales director to bolster self-employed advice arm
Sammon Mortgages, the London and Essex-based mortgage broker, has appointed Karen Nicholls as sales director for the self-employed advice arm of the business....
October 20th, 2020

Money Advice Trust responds to Ofgem’s new consumer protections
The Money Advice Trust has welcomed today’s announcement from Ofgem strengthening protections for people struggling with energy bills. The new protections,...
October 19th, 2020

Money Advice Trust responds to ‘Financial Wellbeing and Covid’ report
The Money Advice Trust has welcomed today’s report on ‘Building the UK’s financial wellbeing in the light of Covid-19’. The report from the chairs for...
October 16th, 2020

Money and Pensions Service: response to ‘Building the UK’s Financial Wellbeing in light of Covid-19’ report
“When, at the start of 2020, MaPS invited 145 industry leaders to join the independent Challenge Groups to work towards the National Goals of the UK Strategy...
October 15th, 2020

Independent group of cross-sector leaders publish recommendations for building the UK’s Financial Wellbeing in light of Covid-19
A new independent report, which contains 13 recommendations to address the urgent financial wellbeing implications of the Covid-19 pandemic, has been released...
October 15th, 2020

More than half of mid-life adults have never calculated when they can afford to retire
Over half (53%) of people in their mid-life have never calculated when they can afford to retire1 according to latest research from Aviva as it launches its...
October 15th, 2020

Zephyr Homeloans joins Brilliant Solutions’ Mortgage Club
Zephyr Homeloans, the specialist buy-to-let lender, has joined the panel of Brilliant Solutions’ Mortgage Club. Members of the direct-to-lender mortgage club...
October 15th, 2020

Stonebridge processes over £1bn of mortgage applications again in September
Stonebridge, the mortgage and insurance network, has today revealed a continuation of its recent record monthly lending volumes having processed over £1...
October 13th, 2020

Former Barclays executives to launch UK’s first digital bank for ‘aspiring affluent’ young professionals
A team of financial services experts led by two former Barclays executives today unveiled their plans to launch Pennyworth, a new digital bank to serve the...
October 12th, 2020

Joanna Elson awarded CBE for services to people in financial difficulty
Money Advice Trust chief executive Joanna Elson has been awarded a CBE in the Queen’s Birthday Honours List for services to people in financial difficulty....
October 12th, 2020

Consumer finance new business fell by 11% in August 2020
New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business fell in August 2020 by 11% compared with the...
October 9th, 2020

Consumer car finance new business volumes up by 1% in August
New figures released today by the Finance & Leasing Association (FLA) show that new business in the consumer car finance market grew 1% by volume and 8% by...
October 9th, 2020

Foundation Home Loans’ five-year fix with three-year ERCs returns
Foundation Home Loans, the intermediary-only specialist lender, has today announced the return of its buy-to-let five-year fixed rate product which comes with...
October 8th, 2020

Stamp duty holiday has already saved homebuyers £108m as 85% pay no tax on their purchase
The latest research from lettings and estate agent, Benham and Reeves, has revealed the huge number of homebuyers that have already benefited from the current...
October 8th, 2020

Disruption in the equity release market – Latest Knowledge Bank Tracker results reveal
The equity release market showed the most change across all seven categories recorded by Knowledge Bank, with ‘Maximum Loan Amount’ being the only...
October 8th, 2020

Industry reaction to the Halifax House Price Index
Commenting on the Halifax House Price Index, which shows that annual growth has hit highest levels since June 2016, Director of Benham and Reeves, Marc von...
October 7th, 2020

The Right Mortgage step up its equity-release proposition with addition of two new team members
The Right Mortgage has continued to take huge strides with their equity release proposition, The Later Life Lending Network, with the addition of Adrian Foulks...
October 7th, 2020

New Solution Lends Its First Million to UK Customers
Earlier this year, Aryza, one of the UK’s leading suppliers of software solutions into the lending, insolvency, credit and debt recovery sectors partnered...
October 6th, 2020

The future of the branch: How coronavirus has led banks to reassess the value and purpose of local banking services
For years, we’ve heard that branch banking is on the way out. Banks have been focused on the idea that younger generations want to do everything online, and...
October 6th, 2020

Property odds and evens – Homebuyers pay thousands more for their preferred numbers
Property platform OpenBrix has revealed that that the price premiums paid between odd and even house numbers are as high as £527,000 in some parts of the...
October 6th, 2020

Meteoric uplift in homebuyer demand during Q3
The latest Homebuyer Demand Hotspots Index from GetAgent.co.uk has found that the current stamp duty holiday has helped accelerate UK buyer demand in the third...
October 5th, 2020

HomeLet shows London rents continue to fall due to lower demand – reactions
The latest Hometrack Rental Index, shows that: Rents in the UK rose by 2.1% in September compared to the same month a year ago; the average monthly rent now...
October 5th, 2020

Covid-19 impact on credit extension
SOUTH AFRICA – The National Credit Regulator (NCR) released the Consumer Credit Market Report (CCMR) and the Credit Bureau Monitor (CBM). These reports...
October 5th, 2020

Venio expands offering nationwide across the Philippines increasing market reach
Venio, the mobile application providing “nano-credit” facilities to unbanked consumers in emerging markets accessed via a smartphone, has expanded...
October 5th, 2020

Dealers warned not to overlook the crucial FCA SM&CR deadline even if it has been extended by AutoProtect Group
Amongst all the pressures on dealers to get ready for the FCA changes to motor finance; one bright spot is that they now have an extension to comply with the...
October 1st, 2020

Help for first-time buyers in Scotland extended
Scots trying to get their foot on the property ladder north of the border will benefit from the country´s first home fund for another year, following a recent...
October 1st, 2020

Tech-focused challenger business outlines bold launch plan
A technology-driven professional services group is being launched in Scotland with more than £1m of initial backing – and it promises to start by disrupting...
October 1st, 2020

Money and Pensions Service comment on FCA support measures for credit and overdraft customers
Valentine Mulholland, Senior Policy and Propositions Manager at the Money and Pensions Service said: “The measures confirmed today will be helpful for people...
October 1st, 2020

TransUnion and Leeds United Team Up to Teach Teens About Finance
TransUnion, one of the UK’s leading credit reference agencies, has teamed up with Premier League football club Leeds United to take its education programme...
September 30th, 2020

Hungarian twin town locations fetch the highest house prices in Britain
The latest research by estate agent comparison site, GetAgent.co.uk, has revealed what your town’s foreign twin says about the quality of your domestic...
September 30th, 2020

The Money Stats – September 2020 – Pandemic Highlights Flaws of The ‘Old Normal’
The Money Charity’s popular monthly report on the UK’s finances, The Money Statistics, returns this month, painting a picture of a UK which has not only...
September 30th, 2020

Property market boom sees estate agents earn nearly £1bn in commission so far this year
Estate agents have pulled in nearly £1bn in sales commission since the start of the year, according to homebuying platform, Yes Homebuyers. Yes Homebuyers...
September 30th, 2020

Global FinTech sets education agenda to make digital money part of the school curriculum and relieve economic stress
Research from UK FinTech Paysend, a financial services business with a focus on financial education, highlights the need for the education system to...
September 30th, 2020

Debt charity responds to Bank of England borrowing figures
The Money Advice Trust, the charity that runs National Debtline and Business Debtline, has today responded to the Bank of England’s August Money and Credit...
September 30th, 2020

StepChange comments on August’s Bank of England data
Today the Bank of England has released its latest Money and Credit release for August, showing that net consumer borrowing increased for the second month in a...
September 29th, 2020

Comment on Bank of England Money and Credit figures
Commenting on the Bank of England Money and Credit figures, Jonathan Sealey CEO of specialist short term lender Hope Capital, said: “We’ve seen similar...
September 29th, 2020

Rental demand continues to rise across the UK’s major cities
The latest Rental Demand Index for Q3 from lettings management platform, Howsy, has revealed that demand for rental homes across the UK’s major cities has...
September 29th, 2020

The Right Mortgage strengthens support team with multiple new hires
The Right Mortgage has announced today that, despite the many obstacles 2020 has shown so far, their network is still expanding which has resulted in a number...
September 25th, 2020

Jon Tweed joins Air Group as consultant
Air Group, the collective of companies covering a range of retirement and later life services has today hired respected industry stalwart, Jon Tweed, as a...
September 25th, 2020

Job support scheme welcome relief for struggling small businesses, but let’s not forget the workers
Robert Marshall, managing director of WorkLife commented: “While any measure to keep people in work is a good thing, we cannot forget about those workers who...
September 25th, 2020

Wage subsidies welcome but ‘equally bold’ action needed on household costs
The Money Advice Trust, the charity that runs National Debtline and Business Debtline, has welcomed the Chancellor’s announcement of the new Job Support...
September 24th, 2020

Stonebridge launches new Performance Dashboards on Revolution system
Stonebridge, the mortgage and insurance network, has today launched newly-designed Performance Dashboards on its wholly-owned trading platform, Revolution,...
September 24th, 2020

OMS extends support and development teams
One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has extended its support and development teams with...
September 23rd, 2020

Just Mortgages self-employed division hits the 300-broker mark
The Just Mortgages self-employed division has continued its rapid growth and has now passed the 300-broker mark. The self-employed division offers a solution...
September 23rd, 2020

In the lap of the gods or masters of our own destiny? – Comment on the HMRC property transaction figures for August
Following the HMRC property transaction figures today, Richard Pike, Phoebus Software sales and marketing director, says “The health of the housing market...
September 22nd, 2020

Ninety-three percent struggle to afford essentials after Government collections
Today’s deadline for responses to the Cabinet Office on Government debt collection practices sees StepChange Debt Charity submitting a detailed critique,...
September 21st, 2020

Four in ten Brits counting the cost of COVID-19
Research from Indesser, a joint debt management venture between the Cabinet Office and TDX Group, shows 39% of people’s finances have been negatively...
September 21st, 2020

heycar Expands Partnership Drive With Regit
Online car marketplace heycar is continuing to expand its reach, through a new partnership with Regit. It marks the latest step in their ongoing commitment to...
September 21st, 2020

O’Neill Patient recruits sales director in bid to become the number one conveyancer
Jessica Szczelkun, has just joined, O’Neill Patient Group (ONP) as its first sales director. Jessica joins from SortRefer where she was sales and...
September 18th, 2020

Foundation Home Loans announce buy-to-let rate reductions across all product tiers and property types
Foundation Home Loans, the intermediary-only specialist lender, has today announced a wide range of buy-to-let rate reductions across all product tiers and...
September 17th, 2020

FCA’s consumer credit proposals welcome – but credit rating protections needed beyond October
The Money Advice Trust, the charity that runs National Debtline has welcomed the FCA’s proposed further guidance on consumer credit and overdraft customers...
September 17th, 2020

StepChange reacts to FCA’s further Consumer Credit & Overdraft guidance
The Financial Conduct Authority (FCA) has today (16 September 2020) announced additional guidance for firms on how to support users of consumer credit and...
September 17th, 2020

Millions of homeowners still missing out on mortgage savings of up to £5,000
Almost half of homeowners are on their provider’s Standard Variable Rate (SVR) and could make savings of up to £5,000 by switching to a new fixed rate deal,...
September 17th, 2020

SimplyBiz Mortgages welcomes Zephyr Homeloans to lender panel
SimplyBiz Mortgages has announced the addition of dedicated BTL lender Zephyr Homeloans (Zephyr) to its panel, with immediate effect. Zephyr, which lends to...
September 16th, 2020

The Opportunity of Embracing FCA Mandated Pricing Changes
The FCA Policy Statement means that the industry must prepare for significant change to finance commission models. Already, MotoNovo Finance has demonstrated...
September 16th, 2020

FLA comment on the FCA’s latest mortgage guidance
Commenting on the FCA’s guidance published today which confirms that mortgage lenders will be able to prioritise support for those customers who most need...
September 15th, 2020

StepChange Responds to FCA Mortgage Advice update
StepChange Debt Charity has today responded to today’s announcement by the Financial Conduct Authority of the next stage of support for mortgage borrowers...
September 15th, 2020

StepChange comments on Which? report showing how the debt advice scammers are still at it
Today’s Which? report showing the widespread nature of online financial scams draws attention to the problem that StepChange Debt Charity has previously...
September 14th, 2020

UK Fintechs Ebury and MarketFinance partner to speed up CBILS access ahead of September deadline
As the Government’s CBILS initiative draws to a close this month, two British fintechs Ebury and MarketFinance, have joined forces to ensure SMEs across the...
September 10th, 2020

Paradigm launch annual testing facility as part of CPD Academy
Paradigm has today launched a new annual testing function as part of its CPD Academy. The CPD Academy provides Paradigm members with a range of educational,...
September 9th, 2020

Zephyr Homeloans joins IMLA
Zephyr Homeloans, part of Computershare Loan Services, has become the latest lender to join the Intermediary Mortgage Lenders Association (IMLA), bringing the...
September 8th, 2020

LiveMore Capital works with Experian to broaden mortgage options for over 55s
Later-life lender LiveMore Capital will use Experian’s data services to understand and onboard new customers as it expands its presence in the over 55s...
September 7th, 2020

Consumer finance new business fell by 9% in July 2020
New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business fell in July 2020 by 9% compared with the...
September 7th, 2020

Mark Stokes joins United Trust Bank as Chief Commercial Officer
Mark Stokes, formerly Managing Director – Commercial Banking at Metro Bank, has joined United Trust Bank in the newly created role of Chief Commercial...
September 7th, 2020

Home ownership aspirations further out of reach
Home ownership aspirations for first-time buyers has fallen out of reach, according to new research. The average deposit for those buying their first home has...
September 7th, 2020

The Moving Hub lands award for Best Technology Based Conveyancing Firm
The Moving Hub, the leading conveyancing platform and case management system, has claimed the title of Best Technology Based Conveyancing Firm – UK in the...
September 7th, 2020

Phoebus Software and Yabber Global sign exclusive strategic partnership agreement
Phoebus Software Limited (PSL), the market-leading lending and deposits servicing software specialist, has entered into an exclusive agreement with Yabber, the...
September 7th, 2020

The clock is ticking in this seller’s market – comment on the UK Finance Q2 household finance data
Following the UK Finance figures this morning, Richard Pike, Phoebus Software sales and marketing director, says “Looking back we can now see the full impact...
September 4th, 2020

Jeff Knight set to leave Foundation Home Loans after nearly four years
Foundation Home Loans, the intermediary-only specialist lender, has today announced that its Director of Marketing, Jeff Knight, will be leaving the business...
September 4th, 2020

Foundation Home Loans enhances its Residential Range including rate cuts
Foundation Home Loans, the intermediary-only specialist lender, has today introduced enhancements across its residential product range, designed for...
September 3rd, 2020

Additional £38m for debt advice funding in England goes into action
The first tranche of an additional £37.8 million to fund extra debt advice and other money support for people affected by Covid-19 has been allocated by the...
September 2nd, 2020

Fair Finance automates using ADP
The latest automated decisioning technology from LendingMetrics has gone live at Fair Finance. The lender, which specialises in providing loans to those...
September 1st, 2020

StepChange publishes new July debt analysis and comments on Bank of England data
Today’s Money and Credit data from the Bank of England shows an increase in mortgage borrowing, while household borrowing increased £1.2 billion in July...
September 1st, 2020

Amigo Holdings PLC – First Quarter Financial Results for the year ended 31 March 2021
Amigo Holdings PLC, (Amigo), the leading provider of guarantor loans in the UK, announces results for the three month period ended 30 June 2020. Headlines...
August 28th, 2020

FCA’s proposals “may not be enough” to prevent serious mortgage difficulty beyond October
The Money Advice Trust, the charity that runs National Debtline, has welcomed the FCA’s clear recognition in today’s proposed guidance for mortgage lenders...
August 27th, 2020

StepChange comments on the Financial Conduct Authority’s new guidance for mortgage lenders
The Financial Conduct Authority (FCA) has today set out draft guidance to ensure that firms provide support to mortgage borrowers affected by Covid-19. This...
August 27th, 2020

Stonebridge sees record £1bn of mortgage applications in July
Stonebridge, the mortgage and insurance network, has today announced it processed well over £1 billion worth of mortgage applications during July. The network...
August 26th, 2020

heycar Celebrates Its One Year Anniversary with £40M Monthly Sales
Online car marketplace heycar marks its first birthday by revealing that in the space of just 12 months it is now driving £40million-worth of sales a month to...
August 25th, 2020

It will be an interesting three months following a summer post lockdown – Comment
Following the property transactions release from HMRC, Richard Pike, Phoebus Software sales and marketing director, says “The latest figures from HMRC show...
August 24th, 2020

UK private sector recovery ahead of global trend
UK businesses outperformed their international counterparts on a series of metrics tracking recovery from Covid-19 during July, according to Lloyds Bank. The...
August 21st, 2020

Cardtronics takes over management of Triodos Bank’s ATM network
Cardtronics, the world’s largest ATM owner/operator today announced it has taken over the management of Triodos Bank’s ATM network to provide the bank with...
August 21st, 2020

1,000 Dealers Switch to MotoRate in the First 50 Days
The FCA’s Policy Statement and its reference to finance firms introducing risk-based pricing as a commission model that fits within the requirements,...
August 20th, 2020

Second lockdown more likely than Brexit to affect the market
More than twice as many principals, advisers and administrators worry about the impact of a second coronavirus lockdown than about Brexit, according to a new...
August 20th, 2020

Viva Wallet brings Apple Pay to Customers
Viva Wallet, a global, fully cloud-based digital payments factory, today brings its customers Apple Pay, a safer, more secure and private way to pay that helps...
August 19th, 2020

Air Mortgage Club and LiveMore announce successful launch
Air Mortgage Club – the distributor for equity release and later life advisers – has today announced the addition of specialist mortgage lender,...
August 18th, 2020

Foundation Home Loans enhances five-year fixes for limited companies and individual landlord borrowers
Foundation Home Loans, the intermediary-only specialist lender, has today announced rate enhancements for three of its five-year buy-to-let products, available...
August 18th, 2020

New research reveals remote working has changed the millennial forever
Lockdown has changed the way millennials work, as new research from Trinity Business School reveals how the pandemic has created a new state of working that...
August 18th, 2020

How heycar is driving £40million monthly car sales in its first year
Online car marketplace heycar marks its first birthday by revealing that in the space of just 12 months it is now driving £40million-worth of sales a month to...
August 14th, 2020

Personal insolvency rate to soar in Q4 2020 – comments
David Heathcote, personal insolvency expert at TDX Group, an Equifax company, comments on the latest UK personal insolvency market trends, predicting a steep...
August 10th, 2020

Consumer finance new business fell by 17% in June 2020
New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business fell in June 2020 by 17% compared with the...
August 6th, 2020

StepChange responds to FCA’s Repeat Borrowing Findings
The FCA have today released their long awaited findings from their review into relending by firms offering high-cost credit. Commenting on the findings, Adam...
August 6th, 2020

CPS strongly welcomes new White Paper on planning
The Centre for Policy Studies today welcomed the publication of the Government’s White Paper, ‘Planning for the Future’. The think tank praised the focus...
August 6th, 2020

Covid-19 leads to spike in searches for ‘Holiday Lets’
Broker criteria searches in July provided strong indicators that the housing market is still being affected by the lockdown of the last three months, although...
August 6th, 2020

English Heritage Chooses Noble Systems to Enhance Customer Experience with Inbound and WFM Solutions
Noble Systems, a global leader in omnichannel contact center technology solutions, is pleased to announce our recent partnership with English Heritage, a...
August 4th, 2020

‘Bangernomics’ The Post Lock-Down Shift to Older Used Cars
The number of people looking for used car finance has increased by 35% The clear trend is towards a lower monthly repayment with almost half of used car buyers...
August 4th, 2020

NatWest Group and Paylink develop affordability tool for payment holiday conclusion
NatWest Group have been working with open banking and affordability software specialists, Paylink Solutions, on developing their digital I&E tool to...
August 4th, 2020

Oplo. The relaunch of 1st Stop Group.
We are delighted to announce that we are relaunching our specialist consumer lending business as Oplo. Since 2009 we have been providing loans to customers...
August 4th, 2020

Chartwell Mortgage Services becomes latest advisory firm to sign-up for Credit Assess
FinTech company, Click2Check, has today announced Chartwell Mortgage Services as the latest advisory firm to sign-up for its Credit Assess product – the...
August 3rd, 2020

StepChange comments on the Financial Conduct Authority’s new vulnerability guidance
The Financial Conduct Authority (FCA) has today set out draft vulnerability guidance to be given to firms. This guidance aims to ensure the fair treatment of...
July 30th, 2020

Comment: FCA’s new guidance on vulnerable customers
Following this morning’s guidance from the FCA to help firms do more to protect vulnerable consumers, Matthew Drage, Director of Consumer Finance at...
July 29th, 2020

Consumer eligibility for credit showing signs of improvement
Brits have a wider choice of credit cards and loans, because more lenders are returning to the market as the COVID-19 lockdown restrictions ease. Around half...
July 29th, 2020

StepChange publishes new June debt analysis and comments on Bank of England data
Today’s Money and Credit data from the Bank of England shows an increase in mortgage borrowing, but a significant net decline in consumer credit. Commenting...
July 29th, 2020

FCA ‘right to challenge firms’ to improve on vulnerability
The Financial Conduct Authority has today launched a second consultation on its revised guidance for firms on the fair treatment of customers in vulnerable...
July 29th, 2020

FCA announce to ban motor finance discretionary commission models – comment
Following the FCA announcement this morning to ban motor discretionary commission models, John Perez, Partner at DWF, said: “The concern for the industry...
July 29th, 2020

FLA comment on the FCA’s announcement to ban discretionary commissions in the motor finance market from January 2021
Commenting on the FCA’s announcement that it will introduce a ban on discretionary commission models on 28 January 2021, Adrian Dally, Head of Motor Finance...
July 28th, 2020

Foundation Home Loans completes fifth securitisation
Foundation Home Loans, the intermediary-only specialist lender, has announced the completion of its latest securitisation, Twin Bridges 2020-1 PLC, the fifth...
July 28th, 2020

Foundation Home Loans meets increased demand for shorter-term buy-to-let rates with reduced pricing and new product
Foundation Home Loans, the intermediary-only specialist lender, has today responded to an increase in demand for shorter-term buy-to-let mortgage products by...
July 23rd, 2020

FLA comment on launch of the Comprehensive Spending Review
Commenting on the launch of the Government’s Comprehensive Spending Review, which sets out longer-term growth plans for the UK – including commitments to...
July 21st, 2020

Europcar Mobility Group UK announces new Partnership with the Leasing Broker Federation
Europcar Mobility Group UK are pleased to announce a new strategic partnership with the Leasing Broker Federation. Made up of over 170 broker members, the...
July 21st, 2020

StepChange and Generation Rent urge Government to protect renters from eviction
National debt charity StepChange and housing campaign group Generation Rent have joined forces to urge Robert Jenrick MP to ensure that no-one who has lost...
July 21st, 2020

Zephyr Homeloans joins Openwork’s mortgage panel
Zephyr Homeloans, the specialist buy-to-let (BTL) lender, has joined the mortgage panel at Openwork, one of the UK’s largest and longest established...
July 21st, 2020

Success at Landwood Continues with Leading Health Care Provider
Landwood Group’s Commercial Asset Management division is expanding its headcount as it celebrates adding a leading health care provider to its books. The...
July 21st, 2020

PropertyPal Mortgages speeds up processing times with eKeeper
PropertyPal Mortgages, the mortgage arm of Northern Ireland’s leading property portal, has teamed up with eKeeper to launch its own mortgage pre-approval...
July 20th, 2020

Amigo Holdings Plc: FY20 Results and Appointment of Chairman
Amigo Holdings PLC, (Amigo or the Company), the leading provider of guarantor loans in the UK, announces results for the year ended 31 March 2020. Financial...
July 20th, 2020

Debt charity welcomes May launch for Breathing Space scheme
The Money Advice Trust, the charity that runs National Debtline and Business Debtline, has welcomed the government’s confirmation that the new statutory...
July 16th, 2020

Breathing Space regulations herald welcome relief ahead to help people resolve debt problems, says StepChange
StepChange Debt Charity warmly welcomes the publication of the draft regulations to implement a Breathing Space scheme that will give people in debt a better...
July 15th, 2020

Comment: FCA support for consumer credit and our concerns
Following the news that the FCA has confirmed additional support for motor finance and high-cost credit customers who continue to face payment difficulties as...
July 15th, 2020

FLA comment on FCA’s confirmation of further support for motor finance customers
Commenting on the FCA’s statement today which confirms further support for motor finance customers, Adrian Dally, Head of Motor Finance at the FLA said:...
July 15th, 2020

Comment on FCA’s confirmed support measures for motor finance and credit customers
Following confirmation from the FCA today on additional support measures for motor finance and high cost credit customers, Nick Hill, money expert at the Money...
July 15th, 2020

Financial services staff most likely to play by the rules – unlike government workers
Staff in the banking and financial services (FS) industry are three times more likely to follow processes “rigorously” than government workers, according...
July 15th, 2020

Nivo launches innovative Broker <> Lender Messenger service to meet the first challenge from its new Second Charge Lenders Technology Steering Committee
Nivo has launched a new B2B digital messenger service as a direct result of feedback from its recently formed Second Charge Lenders Technology Steering...
July 15th, 2020

Over two thirds of consumers would swap bank or insurance provider over incorrect information online
With many bank branches closed or facing restricted operating hours due to the coronavirus pandemic, Yext, Inc. (NYSE: YEXT), the Search Experience Cloud...
July 15th, 2020

Retention bonus scheme will help employers, but with over 9m furloughed we mustn’t forget the workers
Steve Bee, Director at WorkLife by OpenMoney, which provides free financial advice to workers at SMEs, commented: “With the number of employers who’ve...
July 15th, 2020

June mortgage activity back to normal levels as remortgages continue to dominate
New data from the MCI Club show that pre-mortgage activity in June has returned to the same levels as 2019. The data show diary appointments leaping more than...
July 14th, 2020

Conveyancing Association urges Welsh Government to match England/NI stamp duty holiday and open up housing market
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today urged the Welsh Government to open up the housing market at...
July 10th, 2020

Stonebridge investment continues as further updates to Revolution system are released
Stonebridge, the mortgage and insurance network, has today announced it has completed a further selection of updates and developments to its wholly-owned...
July 9th, 2020

MotoRate – 21st Century Dealer Finance
“Digitisation and regulation were already directing change in dealer finance; COVID-19 has moved the dial from ‘high priority’ change to ‘crucial’,...
July 9th, 2020

Plan for jobs must be matched by a plan for tackling household debt
The Money Advice Trust, the charity that runs National Debtline and Business Debtline, has welcomed the Chancellor’s summer statement, with measures to...
July 9th, 2020

New Efma review highlights how banks and insurers are adapting to an uncertain landscape
Efma has released the latest edition of its annual review series that looks at how major retail banks and insurers are crafting their digital strategies of the...
July 9th, 2020

FLA comment on the Chancellor’s Economic Update
Commenting on the Chancellor’s Economic Update, Stephen Haddrill, Director General of the Finance & Leasing Association said: “While we support the...
July 9th, 2020

CPS responds to Chancellor’s statement
The Centre for Policy Studies responds to the Chancellor of the Exchequer’s summer economic update, and his Plan for Jobs. On the temporary cut to Stamp...
July 9th, 2020

Stamp Duty: comment
Gary Bailey, managing director, Hope Capital, said: ““A nine-month increase in the Stamp Duty threshold is a welcome move which should kick-start the...
July 9th, 2020

New ‘MotoRate’ Product Set to Help Redefine Dealer Finance
Innovation in used car dealer finance can be fundamental to the ‘new normal’ environment for car buying and retailing that is emerging as the UK comes out...
July 7th, 2020

FCA extends relief measures, but high cost short term credit customers remain less protected
The Money Advice Trust, the charity that runs National Debtline and Business Debtline, has welcomed the Financial Conduct Authority’s proposed extension of...
July 6th, 2020

Consumer finance new business falls by 56% in May 2020
New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business fell in May 2020 by 56% compared with the...
July 3rd, 2020

Consumer car finance market falls by 78% in May 2020
New figures released today by the Finance & Leasing Association (FLA) show that new business volumes in the consumer car finance market fell in May 2020 by...
July 3rd, 2020

FLA comment on the FCA’s draft guidance for motor finance lenders
Commenting on the FCA’s draft guidance for motor finance lenders, Adrian Dally, Head of Motor Finance at the FLA said: “The breadth of today’s guidance...
July 3rd, 2020

Prime Minister’s planning reforms to spur mortgage boom through greater housing affordability in urban areas, says GlobalData
Following Prime Minister Boris Johnson’s radical changes to the planning system as part of his plans to guide the UK out of the COVID-19 pandemic. Katherine...
July 2nd, 2020

Love Energy Savings’ New Smart Platform Drives Record Conversions
The nation’s favourite energy retailer Love Energy Savings is celebrating a record surge in customer conversions following the launch of their latest...
July 2nd, 2020

Report from leading digital money platform shows 270 million women worldwide are excluded from day to day banking
Global FinTech company Paysend today released a white paper focusing on the empowerment of women in low-income countries through international money transfers....
July 1st, 2020

MotoNovo Announce CBILS Support
MotoNovo Finance has announced that it is now able to provide additional support to the dealer community as accredited ‘Introducer’ for the Aldermore...
June 30th, 2020

The Progressive Building Society joins Knowledge Bank
The Progressive Building Society has added its criteria to the Knowledge Bank platform. Knowledge Bank is a multi-award winning mortgage criteria search...
June 30th, 2020

Euler Hermes supports Save the Children to safeguard more funds for children
Euler Hermes, the world’s leading trade credit insurer, is to help Save the Children protect vital funds for international aid. For a premium costing less...
June 29th, 2020

MCI Club rebrand puts technology at the forefront
MCI Club has today rebranded and relaunched, with a new logo and a revamped website, putting technology at the forefront of everything it does. The Club’s...
June 25th, 2020

Conveyancing Association urges Welsh Government to go ‘further’ and ‘faster’ in opening up housing market
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today urged the Welsh Government to go ‘further’ and...
June 24th, 2020

Castle Trust rebrands as Castle Trust Bank
Following the receipt of a full banking licence and the successful conversion of all of its existing investments into savings accounts, Castle Trust is pleased...
June 22nd, 2020
SDL Surveying reveals positive results for May
National residential surveying and valuations firm, SDL Surveying, has today revealed a positive set of results for May for both physical and desktop...
June 22nd, 2020

The FCA, the Treasury and the Bank of England must ensure their approach to forbearance and support for lenders are developed together
The FCA, the Treasury and the Bank of England must ensure their approach to forbearance and support for lenders are developed together. Commenting on the...
June 22nd, 2020

FCA ‘right to give more time’ to consumer credit customers impacted by Covid-19
The Money Advice Trust, the charity that runs National Debtline and Business Debtline, has welcomed proposals from the Financial Conduct Authority that will...
June 22nd, 2020

Paradigm Mortgage Services announces annual results
Paradigm Mortgage Services, the mortgage services proposition, has today (17th June 2020) announced its annual results for the 2019-20 year with strong growth...
June 17th, 2020

MCI Club enhances onboarding with Knowledge Bank integration
MCI Club has integrated its digital broker platform Burrow into Knowledge Bank’s API to provide brokers with up-to-date criteria information when qualifying...
June 17th, 2020

MAPS publishes corporate plan detailing key priorities and COVID-19 support
The Money and Pensions Service (MaPS) has today published its Corporate Plan for 2020/21, outlining the organisation’s strategic priorities and its immediate...
June 16th, 2020

Castle Trust granted full banking licence
Following a period of authorisation with restrictions, Castle Trust Capital plc (Castle Trust) has been granted full authorisation as a bank by the Prudential...
June 15th, 2020

Stonebridge continues to increase adviser numbers
Stonebridge, the mortgage and insurance network, has today (15th June 2020) announced an increase in appointed representative (AR) adviser recruitment numbers...
June 15th, 2020

Home Buying & Selling Group sets up working party to look at Property Logbooks
The Home Buying & Selling Group (HBSG) has set up a working party to look specifically at the issue of property logbooks. Following on from the Hackitt...
June 12th, 2020

StepChange backs cross-Party call for Debt Management Bill
Welcoming the letter to the Chancellor sent by more than 50 MPs and Peers calling for a Debt Management Bill to implement serious and systematic improvements...
June 12th, 2020

Computershare Loan Services donates £10,000 to the Trussell Trust
Computershare Loan Services has donated £10,000 from its Charity Donations Fund to the Trussell Trust, a charity which supports a nationwide network of 1,200...
June 11th, 2020

Remote workers may be more dishonest than office workers – and it’s women that could be to blame
Women are more likely to be dishonest than men when working remotely, according to research by the University of Cologne. The research, conducted by Dr. Julian...
June 10th, 2020

New Data Reveals the Nation’s Fears on Returning to Work
The government may have unveiled its plan for easing lockdown, but one startling fact remains — the pandemic is far from over. While schools and...
June 9th, 2020

Government and industry recognise ‘central role’ of debt advice in Covid-19 recovery
The Money Advice Trust, the charity that runs National Debtline and Business Debtline, has welcomed today’s announcement of a £37.8 million package of...
June 9th, 2020

Tammy Taylor-Stowe Joins TransUnion as Chief Human Resources Officer for Europe
TransUnion has appointed Tammy Taylor-Stowe as its new chief human resources (HR) officer for Europe. Tammy will be responsible for leading the HR strategy and...
June 9th, 2020

Consumer finance new business falls by 64% in April 2020
New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business fell in April 2020 by 64% compared with the...
June 8th, 2020

Consumer car finance market falls by 94% in April 2020
New figures released today by the Finance & Leasing Association (FLA) show that new business volumes in the consumer car finance market fell in April 2020...
June 8th, 2020

Fintech vs traditional banking
With customer demands and behaviours evolving quickly in light of Covid-19, Will Hurst, Head of Commercial Development at Monevo, looks at whether traditional...
June 5th, 2020

Trust in finance
The level of trust among US finance professionals has declined far more sharply than among the general population over the past four decades, finds a new...
June 4th, 2020

Comment on the UK Finance review
John Goodall, CEO at Landbay, says “Buy-to-let started the year really strongly and this is reflected in the UK Finance figures. January and February saw...
June 4th, 2020

From every negative there is a positive – Comment on the UK Finance household finance report
Following the UK Finance household finance review this morning, Richard Pike at Phoebus Software says: “We can now see exactly how the first quarter of the...
June 4th, 2020

Ipswich Building Society opens up lending to Paradigm members
Paradigm Mortgage Services, the mortgage services proposition, has today announced Ipswich Building Society has lifted its postcode lending restrictions for...
June 4th, 2020

More than 270,000 complaints brought to Financial Ombudsman Service last year
The Financial Ombudsman Service received over 270,000 new complaints about financial businesses in the 2019/20 financial year, new figures published today...
June 3rd, 2020

FCA Mortgage Payment Holiday Extension
In light of today’s FCA announcement regarding the extension of mortgage payment holidays, James Jones, Head of Consumer Affairs at Experian, said:...
June 2nd, 2020

Comment on extension of mortgage payment holidays
Commenting on the FCA’s confirmation of the extension of mortgage payment holidays, Andrew Johnson, money expert at the Money and Pensions Service said:...
June 2nd, 2020

Relief for millions of self-employed people, but gaps in support remain unaddressed
The Money Advice Trust, the charity that runs National Debtline and Business Debtline, has welcomed the Chancellor’s announcement today on extensions to the...
June 1st, 2020

Conveyancing Association issues sector-specific guidance for conveyancing firms
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today issued newly-published sector-specific guidance for...
May 29th, 2020

Motor dealerships reopening is a welcome move
Commenting ahead of the 1 June reopening date for car dealerships in England, Adrian Dally, Head of Motor Finance at the Finance & Leasing Association,...
May 29th, 2020

Paradigm announce 2019-20 Lender and Provider Award Winners
Paradigm Mortgage Services and Paradigm Protect, the mortgage services and protection propositions, have today announced the winners of its annual Lender and...
May 28th, 2020

Landwood Group’s Anna Main Enjoys Rapid Rise to Board Director
Manchester-based property group Landwood has announced the promotion of Anna Main to the main company board – within months of joining the business. Anna...
May 28th, 2020

Melanie Spencer to run MCI Club as Phil Whitehouse steps down
Melanie Spencer has been appointed to lead the MCI Mortgage Club through its next stage of growth following Phil Whitehouse’s decision to step down from his...
May 26th, 2020

Banks ramp up tech recruitment in response to COVID-19
New tech roles in banks has increased by a staggering +46% in the last three years – making traditional banks the most prominent recruiter for tech...
May 26th, 2020

Mortgage payment holiday extension – comment
Commenting on the FCA proposals to support customers who are struggling to pay their mortgage due to coronavirus, Alastair Douglas, CEO of finance experts...
May 26th, 2020

StepChange welcomes mortgage holiday extension and asks “what about tenants?”
StepChange Debt Charity welcomes today’s proposals from the Financial Conduct Authority to extend the window for mortgage borrowers whose finances are...
May 22nd, 2020

Mortgage Payment Holidays extended – comment
Following the news this morning that the government has extended the mortgage payment holiday scheme by a further three months, Richard Pike, Phoebus Software...
May 22nd, 2020

Paradigm add Paragon to lender panel
Paradigm Mortgage Services, the mortgage services proposition, has today announced the addition of buy-to-let and specialist lender, Paragon Bank, to its...
May 21st, 2020

Urgent action needed to help millions struggling with Covid-19 council tax debt
The UK’s three largest debt charities have called on the Government to change ‘ineffective’ regulations on how councils collect council tax arrears to...
May 21st, 2020

Payment Behaviors Shift as US and UK Consumers Adjust to COVID-19 Fallout
COVID-19 has significantly impacted most aspects of consumer’s lives, including how they shop and make payments. People are concerned for their finances,...
May 20th, 2020

Positive Demand Signs for Click & Collect
Following MotoNovo’s announcement that is was lifting its lending restrictions, the business has seen a surge in proposal and business activity. In the...
May 20th, 2020

Towards sustainable and human-centric innovations – Two white papers published to shed light on personal data operations
A global nonprofit, MyData Global, and Finnish SME, Vastuu Group Ltd, take important steps towards open personal data ecosystems. Two recently published white...
May 20th, 2020

Revealed: how lockdown has impacted people on debt solutions
A survey of customers by leading debt advice provider Financial Wellness Group has revealed how lockdown has impacted the finances of those already on a debt...
May 20th, 2020

Knowledge Bank launches Tenet tie-up
Tenet Group has announced a new partnership with Knowledge Bank to provide both its network members and directly authorised clients with access to Knowledge...
May 19th, 2020

Experian’s Affordability Passport helping vulnerable people through Covid-19 pandemic
Experian’s Affordability Passport is helping a host of organisations better understand vulnerable people’s financial situations, so they can best support...
May 15th, 2020

TDX Group launches V+ services to manage vulnerable consumers with problem debt
TDX Group, the leading provider of data and technology-driven debt solutions for businesses, has launched the V+ range of services to support organisations in...
May 14th, 2020

Conveyancing Association supports COVID-19 industry guide to support a safe home moving process
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today announced its support for a cross-industry guide on...
May 14th, 2020

Protecting Mental Health as UK Lockdown Continues
As the Coronavirus pandemic sweeps across the globe, the world has had to rapidly adjust how we live. We’ve had to restrict activities we enjoy, find ways to...
May 13th, 2020

SDL Surveying to start physical inspections immediately
National valuations firm, SDL Surveying, has today (13th May 2020) announced its surveyors will begin physical inspections with immediate effect with new...
May 13th, 2020

Conveyancing Association urges Government to extend furlough scheme & develop housing market stimulation measures
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today urged the Government to extend its furlough scheme past...
May 13th, 2020

Workers will breathe ‘sigh of relief’ after furlough extension – now self-employed people need the same certainty
The Money Advice Trust, the charity that runs National Debtline and Business Debtline, has welcomed the Chancellor’s decision today to extend a more flexible...
May 13th, 2020

Commenting on the Chancellor’s extension to furlough scheme
Commenting on the Chancellor’s decision to extend the furlough scheme, Jo Keddie, Partner and Head of Employment at Winckworth Sherwood, said: “The...
May 13th, 2020

MCI Club partners with Safe & Secure for GI referrals
The MCI Mortgage Club has added a general insurance referral option for its members through Safe & Secure. The provider offers an alternative where leads...
May 12th, 2020

Coronavirus LTV restrictions dominate April broker searches
New figures from Knowledge Bank reveal the extent to which Covid-19 is shaking up the market and dominating brokers’ minds. April’s results from the...
May 12th, 2020

How can Platform as a Service unleash competitive advantage for banks?
Due to both regulation and practical realities, banks spend much of their time, effort and money on activities that make zero difference to their competitive...
May 11th, 2020

Close Brothers Motor Finance enhances dealer Showroom platform with remote quote and apply
Close Brothers Motor Finance has bolstered its Showroom proposal platform by giving motor dealers the opportunity to bring the showroom directly to their...
May 11th, 2020

MotoNovo Ready to Help the Dealer Community to Re-Open Now
MotoNovo Finance has announced that it is lifting the lending restrictions that have been in place during the lock-down period with immediate effect. It is a...
May 7th, 2020

Consumer finance new business falls by 16% in March 2020
New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business fell in March 2020 by 16% compared with the...
May 7th, 2020

Consumer car finance market falls by 27% in March 2020
New figures released today by the Finance & Leasing Association (FLA) show that new business volumes in the consumer car finance market fell in March 2020...
May 7th, 2020

The Nottingham donates £30,000 to national charity to help prevent social isolation
The Nottingham Building Society is supporting members of our communities at risk of social isolation with a £30,000 donation to The Silver Line charity. The...
May 6th, 2020

Contact centres stay secure with Eckoh’s CallGuard Remote and ChatGuard
Since the start of the COVID-19 crisis, organisations across all sectors have faced a tough challenge – how to continue serving their customers to the same...
May 6th, 2020

FLA comment on the 97% drop in new car registrations
Commenting on the figures published today by the Society for Motor Manufacturers and Traders (SMMT), which showed that new car registrations were 97% lower in...
May 6th, 2020

BoE Money and Credit stats – insights
Will North, director of core credit at TransUnion in the UK, comments on the latest Bank of England Money and Credit statistics and TransUnion’s own findings...
May 5th, 2020

StepChange streamlines referrals to make getting debt advice easier
StepChange Debt Charity has today launched a new, streamlined referral process at referrals.stepchange.org to make it easier for creditors to refer people to...
May 5th, 2020

It’s Time to Re-Engineer the Car Retailing Model
“COVID-19 has been tough for the dealer community, but looking at things optimistically, it can be the catalyst for positive change. It is time for dealers...
May 4th, 2020

Knowledge Bank responds to broker challenge for SVR list
Knowledge Bank has responded in under 24 hours to broker demand for an easy way to see lenders’ current SVRs. Knowledge Bank responded instantly, creating a...
May 4th, 2020

Comment on the BoE mortgage lending figures for March
Following the BoE figures this morning, here’s a comment from Richard Pike at Phoebus Software. I do hope it’s of interest for your reporting: Richard...
May 4th, 2020

Paytech Solution hits ‘Bank-in-a-Day’ Set-up Target
Paymentology, has hit its target of being able to set up an all-embracing payments platform in just 24 hours. This enables card programmes to be established...
May 1st, 2020

Forty days into lockdown: Business School resource gives forty insights into the realities of working during Covid-19
Researchers from the Adam Smith Business School at the University of Glasgow have created a new resource of stories recording working life during Covid-19....
May 1st, 2020

Personal Insolvencies: on the decline, or a temporary respite?
The number of individuals entering a personal insolvency procedure has fallen for the fifth consecutive quarter. The figures, released by the Insolvency...
April 30th, 2020

Car Buying Still Top of Mind for Customers
There has been a step-change in visitor activity at findandfundmycar.com through the enforced lock-down period: 29% increase in sales leads week-on-week 15%...
April 30th, 2020

MotoNovo Extends Finance Acceptances to 60 Days
As the lock-down continues across the UK, MotoNovo has taken a positive step to extend the validity of its finance acceptances to 60 days from the usual 30...
April 28th, 2020

Iress integrates with Knowledge Bank to help mortgage brokers focus on client advice
Iress today announces that it has integrated its Xplan Mortgage software with criteria search system Knowledge Bank. This integration allows mortgage brokers...
April 28th, 2020

Paradigm offer up to six months’ free compliance support to DA firms
Paradigm Mortgage Services has today (27th April 2020) launched a new offer to directly authorised (DA) firms with up to six months’ free compliance support...
April 27th, 2020

MCI Club expands ethical range with Reliance Bank tie-up
The MCI Mortgage Club has expanded its panel to include the Reliance Bank, increasing the number of ethical options available to its members. The Reliance...
April 27th, 2020

FCA motor finance: comment
Ahead of the expected finalisation of the FCA’s plans to provide a 3-month payment freeze for motor finance customers tomorrow, John Perez, Head of Finance...
April 23rd, 2020

Signs of Improvement in UK Household Finances
Research from global information and insights provider TransUnion, one of the UK’s leading credit reference agencies, shows potential signs of stabilisation...
April 23rd, 2020

Hanley Economic BS outlines lending commitment and Covid-19 support measures
Hanley Economic Building Society has outlined its commitment to lend where possible after implementing a raft of Covid-19 support measures. Like the vast...
April 22nd, 2020

StepChange welcomes IVA coronavirus flexibility
StepChange Debt Charity and StepChange Voluntary Arrangements welcome the changes to the IVA Protocol that have now been agreed by the IVA Standing Committee....
April 20th, 2020

Impact Specialist Finance introduces ‘Specialist Lending Covid-19 Update’
Impact Specialist Finance, the specialist mortgage broker and distributor, has introduced a ‘Specialist Lending Covid-19 Update’. This is a single point of...
April 20th, 2020

FCA action for motor finance and high cost credit customers welcome, but ‘questions remain’
The Money Advice Trust, the charity that runs National Debtline and Business Debtline, has welcomed the Financial Conduct Authority’s new package of measures...
April 17th, 2020

FLA comment on the FCA’s proposals on motor finance forbearance
Commenting on the FCA’s proposals on motor finance forbearance for customers facing payment difficulties due to coronavirus, Adrian Dally, Head of Motor...
April 17th, 2020

MCI Club extends into lifetime mortgages with OneFamily partnership
The MCI Mortgage Club has appointed OneFamily to its growing lender panel, extending its range of products to include lifetime mortgages for its members. The...
April 16th, 2020

The Moving Hub employee wins The Rotary Young Citizen of the Year Award
Alfie Swaby, Client Support Executive at The Moving Hub, a leading conveyancing platform and case management system, has just been awarded Young Citizen of the...
April 15th, 2020

Response to the UK Gambling Commission’s ban on gambling with credit cards
Adam Hancox, head of gaming at TransUnion in the UK, comments on the UKGC announcement: “Banning the use of credit cards in gambling is seen as a positive...
April 15th, 2020

Paradigm Protect launch webinar series for member firms
Paradigm Protect, the directly authorised protection proposition – which is part of Paradigm Mortgage Services, has today launched a series of webinars...
April 15th, 2020

Consumer finance new business grows by 6% in February 2020
New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business grew in February 2020 by 6% compared with the...
April 14th, 2020

Temporary financial relief measures will be welcome news for consumer credit customers
Darren Fisher, Director in DWF’s regulatory consulting practice, comments on the temporary financial relief measures introduced by the Financial Conduct...
April 14th, 2020

Knowledge Bank monthly tracker reflects brokers concern with Covid-19 as more than 500 criteria change in 48 hours
Knowledge Bank’s monthly tracker of the criteria that brokers most search for shows the clear concern with Covid-19. While it already seems a lifetime ago it...
April 14th, 2020

OMS integrates Iress’ Lender Connect software
One Mortgage System (OMS), the seamless single-input enquiry to completion processing CRM platform for mortgage intermediaries, has partnered with Iress to...
April 8th, 2020

Call for FCA to ‘close the gaps’ in its Covid-19 consumer credit measures
The Money Advice Trust, the charity that runs National Debtline and Business Debtline, has called on the Financial Conduct Authority to “close the gaps” in...
April 6th, 2020

Financial Wellness Group welcomes the FCA’s ‘financial relief for customers’ but calls for interest and charges to be frozen for all customers who need help
Leading debt advice provider, Financial Wellness Group welcomes the temporary ‘financial relief for customers’ measures announced by the FCA today and...
April 3rd, 2020

FCA ‘right to step in’ on consumer credit – but measures must cover all forms of borrowing
The Money Advice Trust, the charity that runs National Debtline and Business Debtline, has welcomed today’s announcement from the Financial Conduct Authority...
April 2nd, 2020

Experian signs new business pledge to help nation through COVID 19 crisis
Experian has joined businesses from across the UK in an initiative to help the country and its most vulnerable citizens to pull through the coronavirus crisis....
April 2nd, 2020

StepChange welcomes FCA emergency financial relief proposals
StepChange Debt Charity welcomes the proposed approach set out by the Financial Conduct Authority that would see a standard baseline set of payment freeze and...
April 2nd, 2020

Employers must remember duty of care during outbreak
Throughout the coronavirus pandemic, businesses must ensure that they’re providing suitable mental health support for employees and fulfilling their duty of...
April 2nd, 2020

Junior Broker will raise funds for disabled children in Virgin Money London Marathon
A 21-year-old man from Elsenham, in Essex, is putting his mind and body on the line in an attempt to raise much needed funds for a disabled children’s...
April 2nd, 2020

Covid-19: Free toolkit for businesses on disability and mental well-being
Business Disability Forum is launching a free online toolkit to help businesses support disabled colleagues and customers during the Covid-19 outbreak. The...
April 2nd, 2020

Three out of Five UK Households Negatively Financially Impacted by COVID-19
Global information and insights provider TransUnion, one of the UK’s leading credit reference agencies, has found that three out of five (59%) households are...
April 1st, 2020

Paradigm add lender AVM levels to Coronavirus support page
Paradigm Mortgage Services has today added a new section of information capturing lenders’ automatic valuation model (AVM) information and LTV restrictions...
April 1st, 2020

Foundation Home Loans – update and comment
With regards to the news from Foundation Home Loans today, Chief Executive of Foundation Home Loans said: “Foundation Home Loans has taken the decision to...
April 1st, 2020

Equifax UK committed to supporting consumers and businesses impacted by COVID-19
Equifax, the business and consumer insights expert, is working actively with regulators, government, credit providers and other credit reference agencies to...
March 31st, 2020

Maintaining a Productive and Healthy Workforce During Coronavirus
As the country gets used to being in lockdown and more people than ever before are discovering how to work from home, attention is shifting to how we maintain...
March 30th, 2020

The Money Stats – March 2020 – Portrait of a Pre-Crisis UK
March 2020’s Money Statistics, produced by The Money Charity, are released from a place significantly different to anything the majority of us will ever have...
March 30th, 2020

Conveyancing market stakeholders produce industry guidance for firms during Coronavirus crisis
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today endorsed industry-wide guidance to conveyancing firms...
March 30th, 2020

Phoebus Software launches Mortgage Self-Service Portal to help stem calls in lender call centres
Phoebus Software Limited (PSL), the leading banking and lending software provider, has launched a new digital self-service portal that allows lender’s...
March 30th, 2020

Paradigm launch Coronavirus support page for advisers
Paradigm Mortgage Services has today launched a new Coronavirus support page for advisers which includes a raft of information to help firms through the...
March 27th, 2020

Computershare Loan Services UK – Coronvirus statement
Andrew Jones, CEO for Computershare Loan Services in the UK, said: “We’ve changed our working practices to keep our contact centres operational whilst...
March 26th, 2020

COVID-19 operational update from Stuart Wilson (Air Group)
Below is a COVID-19 operational update from Stuart Wilson, CEO of Air Group – the collective of companies covering a range of retirement and later life...
March 26th, 2020
Vision Blue announce new brand and enhanced products
With a head office in Dublin, Vision Blue will bring together its range of financial services products, under a new brand designed to reflect the breadth of...
March 25th, 2020

The Financial Adviser Event moves to new September date
As we work through the global Covid-19 crisis, the Financial Adviser Event has decided, in line with government guidance, to reschedule its inaugural event to...
March 25th, 2020

Self-employed incomes are ‘falling like a stone’ as a result of Covid-19
The incomes of self-employed people are ‘falling like a stone’ amidst economic disruption caused by Covid-19, according to charity the Money Advice Trust,...
March 24th, 2020

Air Group announce postponement of National Later Life Adviser Conference
AIR Group, the collective of companies covering a range of retirement and later life services, has today announced that its third annual National Later Life...
March 24th, 2020

Employees now working from home working longer hours than before
New data from NordVPN Teams (one of the world’s largest suppliers of the secure virtual private networks corporates use for enabling online working) shows a...
March 24th, 2020

Comment: Chancellor’s help to pay wages most effective way to protect jobs from coronavirus
Dr Ivan Petrella, Associate Professor of Economics at Warwick Business School, said: “The Chancellor’s announcement underscores the unprecedented...
March 23rd, 2020

Action on jobs and wages a ‘big, bold move’ to support household finances
The Money Advice Trust, the charity that runs National Debtline and Business Debtline, has welcomed the Chancellor’s announcement of a package of measures to...
March 23rd, 2020

StepChange reaction to Chancellor’s wage support statement
StepChange Debt Charity, which yesterday published a joint proposal with the Money Advice Trust for a rescue package in response to the financial problems...
March 23rd, 2020

Press Release: Tenancy Deposit Scheme releases a Guide to the Tenancy Deposit Legislation in England and Wales
The Tenancy Deposit Scheme (TDS) has released its latest guide to the tenancy deposit protection (TDP) legislation in England and Wales. Since the last guide...
March 23rd, 2020

‘Rescue package’ needed to help household finances cope with Covid-19
Direct cash support for affected households, a pause on debt enforcement, and urgent support for those who fall behind on their rent and council tax are among...
March 20th, 2020

Latest commentary from the Mortgage Market Alliance
Rob Griffiths, Director at the Mortgage Market Alliance, says: “Understandably, mortgage lenders have been inundated with worried borrowers contacting them...
March 20th, 2020

Central banks take centre stage
For the second week in a row, COVID-19 has us scrapping our list of “normal” financial topics in favour of a clean sheet. RPI reform, the Libor transition,...
March 17th, 2020

Foundation Home Loans refresh entire BTL product range
Foundation Home Loans, the intermediary-only specialist lender, has today announced a full refresh of its buy-to-let product range. The lender has relaunched...
March 16th, 2020

StepChange responds to today’s Budget
Today’s Budget, and the Bank of England interest rate cut and liquidity support, will provide some direct and indirect support during the uncertain period...
March 12th, 2020

Foundation Home Loans announce packager agreement with Y3S Bridging & Commercial
Foundation Home Loans, the intermediary-only specialist lender, has today announced a new agreement has been signed with specialist finance packager, Y3S...
March 12th, 2020

Commenting on market reaction to BoE rate cut and COVID-19 measures
Commenting on the market reaction to the BoE’s emergency rate cut and COVID-19 measures, Joshua Roberts, Associate Director at Chatham Financial, said:...
March 11th, 2020

Largest lenders compete for business in 2020, but can this be sustained?
Moneyfacts UK Mortgage Trends Treasury Report, not yet published, shows that the average overall fixed rates for both two and five-year mortgage deals have had...
March 9th, 2020

FLA launches Diversity and Inclusion information hub
The Finance & Leasing Association (FLA) has launched a Diversity and Inclusion page for International Women’s Day on Sunday, March 8th, 2020. The page...
March 9th, 2020

Response to statement by James Benamor
Amigo notes the statement made by James Benamor on social media on the evening of 4 March 2020. Mr Benamor’s statement contains several material inaccuracies...
March 6th, 2020

UK Finance Household Finance Review: ‘Recovery from flat 2019 could be stopped in its tracks by coronavirus’ – comment
John Phillips, national operations director at Just Mortgages, commenting on the UK Finance ‘Household Finance Review’ released this morning, said: “The...
March 5th, 2020

Together bolsters its broker team with two key hires
Two financial services experts with more than three decades of combined industry experience have joined Together as it expands its intermediary relationship...
March 5th, 2020

Financial Wellness Group launches with a mission to improve the wellbeing of people with money worries
Today sees the launch of Financial Wellness Group, with the ambitious mission of improving the wellbeing of people with money worries, enabling them to ‘live...
March 5th, 2020

Vast majority of landlords expect further Government intervention in PRS during 2020, Foundation Home Loans research reveals
The latest landlord research from Foundation Home Loans, the intermediary-only, specialist lender has revealed the vast majority of landlords (70%) anticipate...
March 3rd, 2020

Research reveals Clicks and Bricks is shaping the future of used car buying
Customer satisfaction with the service they received from the salesperson at the dealership was a staggering 93%. Clicks and Bricks is shaping the future of...
March 3rd, 2020

Coping with Corona – excessive media speculation can severely exacerbate existing mental health issues
There is growing concern that the reports of an increasing number of Coronavirus cases in the UK may have a significant impact on mental health as well as...
March 2nd, 2020

Grupo Catalana Occidente consolidated result increased by 9.9% to €424.5m in 2019
Grupo Catalana Occidente has closed 2019 with a consolidated profit of 424.5 million euros, which represents an increase of 9.9% compared to the previous year....
March 2nd, 2020
Together Financial Services Limited – Q2 Results
Together Financial Services Limited (‘Together’ or ‘the Group’), one of the UK’s leading specialist mortgage and secured loan providers, is pleased...
February 28th, 2020

Amigo Holdings announces Q3 results for the period ended 31 December 2019
Amigo Holdings PLC, the leading provider of guarantor loan in the UK, announces its interim results for the nine months ended 31 December 2019. Headlines Net...
February 27th, 2020

Ongoing Decline of Cash Remains Threat to UK’s Financial Inclusion
While the UK’s rapid shift towards contactless and digital payments continues apace, these moves remain a very real problem and threat to the financial...
February 26th, 2020

12 sector leaders named who will help shape the UK’s future financial wellbeing
12 sector leaders who will head up cross-industry groups set up to help transform financial wellbeing are being named today by the Money and Pensions Service...
February 26th, 2020

Mortgage Market Alliance launches to promote mortgage market and value of advice
A new organisation has launched today to promote the UK mortgage industry, raise awareness and understanding among consumers about the range of options...
February 25th, 2020

Bluestone Group secures £15m expansion facility from Pollen Street Capital
Bluestone Group’s (“Bluestone”) expansion in the UK and Irish finance and technology markets has received a substantial boost from alternative asset...
February 25th, 2020

Just Mortgages appoints new Financial Services Director
Just Mortgages has just appointed its first female Financial Services Director as it continues its expansion and diversity drive. Kerry-Ann Davies has been in...
February 24th, 2020

Foundation Home Loans announce new partnership with The Mortgage Trading Company
Foundation Home Loans, the intermediary-only specialist lender, has today announced a new partnership with packager firm, The Mortgage Trading Company. From...
February 24th, 2020

Comments on the state of the mortgage market
Will North, director of core credit for TransUnion in the UK, looks at the UK Finance statistics on Mortgage Trends and financial wellbeing expectations...
February 24th, 2020

HMRC property transactions figures – “Strong activity continuing into New Year” – comment
Commenting on today’s HMRC property transactions figures, Neil Knight, business development director at Spicerhaart Part-Exchange and Assisted Move, said:...
February 21st, 2020

MCI Club offers free Digital Mortgage Broker
The MCI Club has today launched a new digital mortgage broker platform. Aimed at traditional brokers, it will be free to use for all existing members of the...
February 20th, 2020

Lending/consumer credit: FCA sector views 2020 – Paul Dyer reactive comment & available for comment
This morning the FCA published its annual Sector Views, an assessment of the risks and potential harm to consumers across financial services markets. The...
February 19th, 2020

UK labour market data – comment
Commenting on the UK labour market data, Andy Scott, Associate Director at Chatham Financial, said: “The UK labour market continued to see strong jobs growth...
February 18th, 2020

UK Finance Mortgage Trends
Commenting on this morning’s Mortgage Trends data from UK Finance, John Phillips, national operations director at Just Mortgages, said: “If November’s...
February 18th, 2020

Air Mortgage Club add Chorley Building Society to retirement lending panel
Air Mortgage Club – the distributor for equity release and later life advisers – has today announced the addition of Chorley Building Society to its...
February 18th, 2020

Building Consumer Trust Will be a Key Driver of Growth for Finance Providers
Released today, TransUnion’s new white paper, which examines consumer credit behaviour in the UK, unveils key trends and themes for lenders to note as we...
February 14th, 2020

McVey sacked as Housing Minister: comment
Commenting on the news that Esther McVey has been sacked as housing minister, John Phillips, national operations director at Just Mortgages, said: “Housing...
February 13th, 2020

Consumer car finance market holds steady in 2019
New figures released today by the Finance & Leasing Association (FLA) show that new business volumes in the consumer car finance market grew in December...
February 13th, 2020

Frontline first responders could help UK’s most vulnerable avoid debt
New trials are looking to build on evidence that training frontline support workers in money guidance can help the UK’s most vulnerable people to address and...
February 13th, 2020

New service to help people in “persistent debt” on credit cards
Over a million people are expected to receive communications from their credit card providers by the end of March asking them to increase their payments....
February 10th, 2020

Comment regarding Government’s new ‘breathing space’ scheme
Following on from the announcement yesterday of the Government’s new ‘breathing space’ scheme, Money Guru has issued a comment on what this will mean for...
February 7th, 2020

FLA comments on the Government’s new Breathing Space announcement
Commenting on the Government’s new Breathing Space period, Fiona Hoyle, Head of Consumer and Mortgage Finance at the FLA, said: “Today’s announcement by...
February 7th, 2020

Phoebus Software donates more than £10,000 to local charities in 2019
Phoebus Software Limited (PSL), the Solihull based software company donated £10,500 to charity last year with £7,500 going to Acorns Childrens’ Hospice....
February 6th, 2020

AmTrust complete Italian capital relief transaction
AmTrust International, the Europe-wide private mortgage insurer, has today announced the completion by its Mortgage & Credit division of a capital relief...
February 5th, 2020

Money Advice Trust responds to FCA’s letter to credit card firms
The Money Advice Trust has responded to the Financial Conduct Authority’s (FCA) letter to credit card firms that reviews their approach to borrowers stuck in...
February 3rd, 2020

StepChange welcomes FCA reminder to credit card firms on how to treat persistent debt
The Financial Conduct Authority has today issued a reminder to firms about its expectations of how they communicate with people and treat them if they have...
February 3rd, 2020

The Right Mortgage and Protection Network celebrates half a decade of success this month
The Right Mortgage and Protection Network is celebrating half a decade of supporting the UK’s mortgage and protection brokers, and firms, in all areas of...
February 3rd, 2020

FORS becomes official Supporter of mental health charity Mates in Mind
FORS has become an official Supporter of the national Mates in Mind charity and is encouraging its members to prioritise employee mental health as a staff...
January 30th, 2020

StepChange appoints new head of strategic relationships
StepChange Debt Charity has appointed Vanessa Northam, previously head of external affairs at Tully, part of the Openwrks Group, as its new head of strategic...
January 29th, 2020

Consumer car finance market falls by 1% in November 2019
New figures released today by the Finance & Leasing Association (FLA) show that new business volumes in the consumer car finance market fell in November...
January 28th, 2020

Consumer finance new business grows by 2% in November 2019
New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business grew in November 2019 by 2% compared with the...
January 28th, 2020

Second charge mortgage new business volumes up by 14% in November 2019
Commenting on the November 2019 new business figures for the second charge mortgage market, Fiona Hoyle, Head of Consumer and Mortgage Finance at the Finance...
January 28th, 2020

FCA is right to ask banks to explain overdraft pricing says StepChange Debt Charity
The Financial Conduct Authority has rightly pointed to the beneficial effect on overdraft pricing that its new rules have created for the most financially...
January 28th, 2020

Impact Specialist Finance reappointed onto PRIMIS’s new specialist packager panel
Impact Specialist Finance has maintained its position on PRIMIS’s approved specialist packager panel after an extensive review of all panel members. This...
January 28th, 2020

Admiral Financial Services: customers served more quickly with digital debt management option
Admiral Financial Services has become the latest credit provider to deploy a Flexys digital debt management solution to transform services for customers in...
January 28th, 2020

Conveyancing Association looks to ‘2025 and beyond’
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, is using its Annual Conference next month to look at the future for...
January 23rd, 2020

Shawbrook Bank simplifies Buy-to-Let range and launches new BTL online application form
Following on from the refresh that took place late in 2019, the specialist lender has taken further steps to improve their BTL range and streamline the...
January 23rd, 2020

Social security flaws are driving problem debt
A new research report from StepChange Debt Charity, Problem debt and the social security system, shows why it is vital that the Government should take urgent...
January 23rd, 2020

UK economy missing out on vital boost as SMEs stockpile £86bn of surplus cash in low or zero-interest current accounts
The UK economy is missing out on a vital boost as new research reveals small-and-medium sized businesses (SME) are sitting on £86 billion of dormant cash in...
January 22nd, 2020

HMRC property transactions figures: “Real recovery starting to take hold” – comment
Commenting on today’s HMRC property transactions figures, Neil Knight, business development director at Spicerhaart Part-Exchange and Assisted Move, said:...
January 21st, 2020

Paradigm promotes two to Business Development Consultant roles
Paradigm Mortgage Services has today announced the promotion of two members of staff to new Business Development Consultant roles. Both Tom Hunt and Alex...
January 21st, 2020

Freedom Finance expands board with new Non-Executive Director
John-Paul Wilkins has been appointed as a Non-Executive Director at Freedom Finance, a fintech lending platform that uses smart sourcing to generate more...
January 21st, 2020

Blue Monday: The most popular time of year to change your job
90% of professionals would be open to a job approach this time of year, despite not actively looking themselves – citing positive company culture (70%),...
January 20th, 2020

Brits in the dark over their personal finances as consumer debt hits £218bn
One in five Brits are failing to keep track of their personal finances, with 40% of millennials admitting they have no clue how much they spend compared to...
January 17th, 2020

Upgrade for lending platform
LendingMetrics has unveiled a new version of its multi-award-winning* automated underwriting platform ADP. Finance providers – who will go live with the...
January 17th, 2020

Resolution Fundation Research Report on consumer credit – comment
Paul Went, Managing Director for Shawbrook’s Consumer Division, said: “The main reason that many low-income families fall into extreme indebtedness is...
January 16th, 2020

Just Mortgages Academy starts training 11 brand-new brokers
Eleven new trainees have started five weeks of intensive training with Just Mortgages’ Broker Academy that will see them go from raw recruits with no...
January 15th, 2020

Government needs expertise of financial services organisations to help coordinate SME funding schemes
Commenting on the publication of two reports from the National Audit Office which examine the coordination of business support schemes by Government, and the...
January 15th, 2020

Vanquis Bank partners with HooYuto digitalise KYC processes
Leading customer onboarding and KYC technology firm, HooYu, has announced a partnership to digitalise Vanquis Bank’s KYC processes. The HooYu KYC journey has...
January 15th, 2020

Debt charity welcomes ban on gambling with credit cards
The Gambling Commission has today announced a ban on gambling businesses allowing consumers to use credit cards to gamble. The ban, which comes into effect on...
January 15th, 2020

HSBC Expat appoint Jaywing to redefine and engage international audience
Sheffield headquartered Jaywing has been selected by HSBC Expat to help redefine the way the brand engages with audiences who live, work and bank across...
January 14th, 2020

Appeal court confirms Shoprite granted credit recklessly to consumers
SOUTH AFRICA: In September 2014, whilst conducting a research exercise, the National Credit Regulator (NCR) identified deficiencies in Shoprite Investments...
January 14th, 2020

Credit experts warn of holiday pitfalls as 5.2 million jetsetters snap up January bargains
Credit experts TotallyMoney have advised that those booking holidays could protect themselves under Section 75 of the Consumer Credit Act by using a credit...
January 14th, 2020

Hanley Economic BS enters ex-pat BTL market
Hanley Economic Building Society has introduced a new ex-pat offering into its buy-to-let mortgage range. The Society’s first venture into this growing part...
January 14th, 2020

Together announces new appointment to Personal Finance Board
Together Financial Services Limited (“Together”), one of the UK’s leading specialist mortgage and secured loan providers, is pleased to...
January 14th, 2020

MT Finance added to Paradigm lender panel
Paradigm Mortgage Services has today announced the addition of bridging and short-term lender, MT Finance, to its lender panel. From today, Paradigm’s member...
January 13th, 2020

Foundation Home Loans kicks off 2020 with five new sales team recruits
Foundation Home Loans, the intermediary-only specialist lender, has today announced the expansion of its sales team with five new recruits covering both...
January 10th, 2020

Unsecured debt hits new peak of £14,540 per household – analysis
New analysis published today by the TUC shows that household debt rose sharply over 2019, with unsecured debt (debt other than mortgages) reaching record...
January 10th, 2020

Broker criteria searches show mortgage market volatility
The latest monthly analysis of brokers’ criteria searches has pointed to a number of surprising results across a wide range of market sectors – evidence of...
January 9th, 2020

Sprout Mortgage Adds Ron Krueger as SVP, Non-QM Correspondent Lending
Sprout Mortgage, the leading nationwide force in non-QM residential lending, today announced that Ron Krueger has joined the company as Senior Vice President,...
January 8th, 2020

Paradigm to run its DA transition workshop in London
Paradigm Mortgage Services, the mortgage services proposition, has today announced it will once again run its workshop to support those looking to become...
January 7th, 2020

Connect for Intermediaries encourages industry to get involved in Veganuary
Connect for Intermediaries has launched the Veganuary Workplace Challenge to encourage both companies and individuals in the mortgage industry to try going...
January 2nd, 2020

Changing your car in 2020? Get the facts from Financing Your Car
If you’re thinking about changing your car in 2020, but unsure where to begin when it comes to researching finance, the FLA’s impartial website, Financing...
December 30th, 2019

Bah humbug! Frugal Brits are ditching Xmas pressies to spend more on their homes
More than a quarter of British couples plan to spend their Christmas cash on their home rather than each other, a new survey has revealed. They are forgoing...
December 19th, 2019

Consumer car finance market falls by 4% in October
New figures released today by the Finance & Leasing Association (FLA) show that new business volumes in the consumer car finance market fell by 4% in...
December 18th, 2019

Consumer finance new business falls by 2% in October
New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business was 2% lower in October 2019 than the same...
December 18th, 2019

Banks must not shroud their repeat overdraft use strategies in mystery, says StepChange
StepChange Debt Charity comments that new rules on overdraft repeat use [effective from 18 December], will need careful oversight by the Financial Conduct...
December 17th, 2019

The £499.62 Annual Customer Saving Opportunity from MotoNovo
MotoNovo Finance’s exclusive discount shopping programme, available to all their finance customers, can give dealers an extra edge when it comes to helping...
December 17th, 2019

Forgo the family feud this Christmas, with expert advice to help you avoid the traps of argument dilution
According to YouGov research, one in three people in the UK think it’s likely that they will have an argument with their family this Christmas. Huthwaite...
December 17th, 2019

Conveyancing Association outline policy priorities for 2020
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today outlined its core policy priorities for 2020 and beyond. The...
December 16th, 2019

Two-thirds of UK households expect to pay off Christmas debt within just three months, new research from Ferratum Group reveals
Two in three UK households (66%) expect to return to their normal financial state within three months after Christmas, research from Ferratum Group, a global...
December 16th, 2019

83% of customers would use POS finance when purchasing from SME retailers
As buy now, pay later payment options continue to surge in popularity, new research finds that the majority of customers (83%) would use point of sale (POS)...
December 16th, 2019

Boris needs to make good on pre-election talk – election comment
Commenting on the Conservatives winning a substantial majority in the general election, John Phillips, national operations director at Just Mortgages, said:...
December 16th, 2019

Mortgage Lenders and Administrators figures – comment
Following the Bank of England MLAR stats this morning, Mark Pilling, Spicerhaart Corporate Sales managing director, says “The Q3 arrears figures from Bank of...
December 11th, 2019

Inventx relies on the ndgit API solution in its Open Finance Platform
ndgit, Europe’s leading Open Banking platform provider, is supplying Inventx AG with an open API integration layer to support its newly launched Open Finance...
December 10th, 2019

Just Mortgages selects eleven new trainees for broker academy
Eleven new brokers will start training with Just Mortgages’ broker academy in the New Year after coming through a rigorous selection procedure. The new...
December 10th, 2019

Stonebridge announces new ID verification technology and upgrades to Revolution
Stonebridge, the mortgage and insurance network, has today announced the launch of ‘RevolutionID’ – a new piece of market-leading functionality...
December 9th, 2019

Foundation Home Loans announce new relationship with MCI Club
Foundation Home Loans, the intermediary-only specialist lender has today announced a new relationship with MCI Club. From today, Foundation is joining the MCI...
December 5th, 2019

‘Balance’ – the Key to Making a Profit from Financial Services According to the FCA
“Creating good customer outcomes in dealers finance is the crucial route to ensuring that finance can continue to be a profit centre for dealers. Building a...
December 5th, 2019

TDS Publish Matrix to Simplify Tenant Fees Ban in Wales and England
A recent report revealed that landlords and agents are still confused by the tenant fees ban, which was introduced over five months ago. To add to the...
December 4th, 2019

‘Inclusive design’ in essential services to be explored in new partnership
A new programme of research led by Fair By Design and the Money Advice Trust is set to explore the issue of inclusive design in credit, insurance, energy and...
December 3rd, 2019

Two thirds of people struggling to afford Christmas and a third expecting to borrow for it, warns debt charity
New data reveals the effect of Christmas on people’s finances, with nearly seven in 10 (68%) unable to comfortably afford this festive season and nearly a...
December 3rd, 2019

Hanley Economic BS launches new ‘build for second home’ self-build product
Hanley Economic Building Society has launched a new ‘build for second home’ product aimed at self-build clients looking to construct a second residential...
December 3rd, 2019

Connect for Intermediaries signs Women in Finance charter
Connect for Intermediaries has signed the Women in Finance Charter and has been accepted by HM Treasury as a signatory. Connect for Intermediaries was founded...
December 3rd, 2019

Brits reveal the true cost of Christmas
British shoppers are gearing up to blow the bank this Christmas, as 43% said they estimate they will spend more than their monthly pay cheque during the...
December 2nd, 2019

Paradigm to repeat ‘Reverse Advent’ charity drive for The Trussell Trust
Paradigm Mortgage Services, the mortgage services proposition, has today announced it will be repeating its ‘Reverse Advent’ charity drive in aid of The...
December 2nd, 2019

Tymit launches first app-enabled instalment credit card
Tymit, the London based fintech, has announced the launch of its revolutionary, fee-free instalment Visa credit card. Built to provide a rich, mobile app...
December 2nd, 2019

The Right Mortgage celebrate yet another successful bi-annual National Training Event
The team at The Right Mortgage & Protection Network have a lot to celebrate this week after, its 10th National Training Event yesterday. The completely...
December 2nd, 2019

BoE Money & Credit figures – comment
Commenting on today’s Bank of England Money & Credit figures, John Phillips, national operations director, Just Mortgages said: “These figures – both...
November 29th, 2019

The Money Statistics November 2019
Striking Numbers £494.60: Median weekly full-time pay for employees aged 22-29 £390: Median monthly private rent in England for a single room with shared...
November 29th, 2019

Amigo Holdings announces interim results for the six months ended 30 September 2019
Amigo Holdings PLC, (Amigo), the leading provider of guarantor loans in the UK, announces results for the six-month period ended 30 September 2019. Financial...
November 29th, 2019

Amigo Loans Regulatory Update
Amigo announces that it has received the outcome of the FCA’s Guarantor Understanding Multi Firm Work (the “Review”). The aim of the Review was for the...
November 29th, 2019

The Co-operative Bank launches new ‘Loans Marketplace’ proposition
The Co-operative Bank today launches a new ‘Loans Marketplace’ solution – a service that enables consumers to search for a personal loan quote, with...
November 27th, 2019

The Nottingham introduces ten-year fixed Retirement Interest Only mortgage
The Nottingham has further evidenced its commitment to later life lending by introducing a Retirement Interest Only mortgage fixed at 3.95% for ten years. Its...
November 26th, 2019

Debt Collection Trade Body Launches New People Development Conference for 2020 National Apprenticeship Week
The Credit Services Association (CSA), the voice of the UK debt collection and debt purchase sectors, is launching a new Learning and Development Conference,...
November 25th, 2019

TDS Charitable Foundation Awards £293,000 of Funding
The TDS Charitable Foundation has published its 2018/2019 Annual Review, which revealed how the charity has distributed over £293,000 of grants to nine...
November 25th, 2019

Elevate Credit appoints new Managing Director
Elevate Credit International, a UK lender offering tech-enabled online credit solutions, has appointed Steve Grice as its new Managing Director. Steve will...
November 25th, 2019

Record employment rate masks concerns about precarious jobs and low wages
Record high employment is hiding concerns about the increasing number of poor-quality jobs, researchers from the Centre for Economic Performance (CEP) at the...
November 21st, 2019

Stonebridge sees record-breaking lending application volumes in October
Stonebridge, the mortgage and insurance network, has today announced it broke its record for lending applications submitted during October this year....
November 21st, 2019

Housing should most certainly be on the agenda
Following the UK Finance lending trends figures this morning, Richard Pike, Phoebus Software sales and marketing director, says “When we see figures like...
November 19th, 2019

Property drives marketplace lending to new high, but record losses drag on returns
Marketplace lending hit a record £3.0bn in the first half of the year, despite record loss rates in the sector, according to Link Group’s latest Marketplace...
November 19th, 2019

Just Mortgages self-employed advisers grow their own businesses
Just Mortgages’ self-employed division has seen several of its advisers expand their own businesses and take on new staff, showing the success of the...
November 19th, 2019

Black Friday and Cyber Monday shoppers targeted by fraudsters
One in four (25%) online shoppers have fallen victim to fraud on Black Friday or Cyber Monday, according to new research from secure payments solution...
November 19th, 2019

Innovative credit card Tymit secures £4m in funding
Tymit, the new mobile enabled credit card, has secured £4 million in funding, the London headquartered firm announced today. Tymit offers customers more...
November 18th, 2019

Money Advice Trust launches new vulnerability guide for car dealerships
The Money Advice Trust, has today published a new guide to support car dealership staff improve support for customers in vulnerable circumstances. The...
November 14th, 2019

Nuapay and Thyngs partner to combat cashless charity challenge
Nuapay, a pioneer of open banking, announces its partnership with mobile technology platform, Thyngs, to help charities tackle the decline in donations due to...
November 14th, 2019

Foundation Home Loans announce raft of two-year buy-to-let price cuts
Foundation Home Loans, the intermediary-only specialist lender, has today announced a raft of price cuts across its range of two-year buy-to-let fixed-rate...
November 13th, 2019

Eligible launches broker client retention calculator
Eligible, a technology firm automating customer retention for the mortgage industry, have launched a broker client retention calculator to help brokers assess...
November 13th, 2019

Oodle Car Finance Appoints Equiniti Credit Services as Standby Servicer Following £350m Securitisation
Oodle Car Finance has appointed Equiniti Credit Services (EQCS), the UK’s leading consumer credit technology and outsourced services provider, as its standby...
November 12th, 2019

Over 60,000 debt solution customers gain access to financial and wellbeing benefits as Gregory Pennington and Freeman Jones join forces with Personal Group
Thousands of debt solution customers of Gregory Pennington and Freeman Jones now have access to a complete wellbeing package through a UK first partnership...
November 12th, 2019

The Moving Hub partners with Charles Derby Financial Services
The Moving Hub, a leading conveyancing platform and case management system, has partnered with Charles Derby Financial Services. The partnership will offer...
November 12th, 2019

Impact Specialist Finance and Harpenden BS complete on highly complex £1m residential deal
Impact Specialist Finance, the specialist mortgage broker and distributor, and Harpenden Building Society have just completed a £1 million interest only...
November 12th, 2019

GMB welcome increase in London and UK Living Wage
GMB have welcomed the news that the ‘Real Living Wage’ has risen to £10.75 per hour in London and £9.30 for the rest of the UK. The figure, independently...
November 12th, 2019

Air Later Life Academy & Mortgage Club announce new relationship with Care Box
Air Later Life Academy (LLA), the commercial and training organisation for later life advisers and Air Mortgage Club, the distributor for equity release and...
November 11th, 2019

Motor lender empowers customers with new online portal
Car-buying customers of Specialist Motor Finance (SMF) are now being put in the driving seat when it comes to managing their repayments and getting help from...
November 11th, 2019

Monmouthshire Building Society Launches New Portfolio Mortgage Range
Monmouthshire Building Society has launched a new portfolio mortgage range. Key features of the range: Landlords can mortgage multiple investment type...
November 11th, 2019

Confidence in Service Providers Critical to Open Banking Adoption Says European Consumer Study from Mobey Forum & Aite Group
The overwhelming majority of consumers would prefer their main bank, as opposed to other banks or third-party providers (TPPs), to be their primary source of...
November 7th, 2019

SIA: CDP Equity and FSIA complete the acquisition of the stakes of F2i, HAT, Intesa Sanpaolo and UniCredit
CDP Equity and FSIA Investimenti, a company held 70% by FSI Investimenti (in turn controlled by CDP Equity with a 77% stake) and 30% by Poste Italiane, have...
November 7th, 2019

StepChange “Manifesto”
StepChange Debt Charity today publishes the key measures that it wants the next Government to prioritise to address the harm of problem debt and to help...
November 6th, 2019

Second charge mortgage market reports volumes up by 20% in September
Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle, Interim Director General of the FLA, said: “The second...
November 6th, 2019

Consumer car finance market grows by 4% in September
New figures released today by the Finance & Leasing Association (FLA) show that new business in the point of sale (POS) consumer car finance market grew 4%...
November 6th, 2019

Consumer finance new business grows by 8% in September
New figures released today by the Finance & Leasing Association (FLA) show consumer finance new business grew by 8% in September, compared with the same...
November 6th, 2019

StepChange comments on High Court bailiff VAT error
High Court Enforcement Agencies (High Court bailiffs) have been incorrectly charging VAT on top of their fees to debtors as a result of a misinterpretation of...
November 6th, 2019

Four-day week would cost the public sector billions, says CPS
At its recent party conference, the Labour Party committed to reducing average working hours to 32 hours a week – effectively creating a four-day week. A...
November 6th, 2019

Almost two-thirds of landlords plan to make their next purchase within a limited company vehicle
The latest landlord research from Foundation Home Loans, the intermediary-only, specialist lender has revealed that the number of landlords planning to buy...
November 5th, 2019

Foundation Home Loans announce new tie-up with Brilliant Solutions’ Mortgage Club
Foundation Home Loans, the intermediary-only specialist lender has today announced a new tie-up with Brilliant Solutions’ Mortgage Club. From today, members...
November 4th, 2019

Air Mortgage Club add Nottingham Building Society to retirement lending panel
Air Mortgage Club – the distributor for equity release and later life advisers – has today announced the addition of Nottingham Building Society (known...
November 4th, 2019

Milestone reached at BVRLA as membership exceeds one thousand
Royal Mail, Centrica and British Telecom’s Openreach are amongst the list of new members to join the BVRLA taking the number of organisations in membership...
November 1st, 2019

Simple, Flexible Portfolio Mortgages from Monmouthshire Building Society
Monmouthshire Building Society will be launching a new portfolio mortgage range in November 2019. Key features of the range: Landlords can mortgage multiple...
October 31st, 2019

Together successfully increases Lakeside securitisation to £500m
Together Financial Services Limited (“Together” or “the Group”), one of the UK’s leading specialist mortgage and loan providers, is pleased to...
October 31st, 2019

Commenting on market reaction to a UK general election being called
Commenting on market reaction to a UK general election being called on the 12th December, Olivier Konzeoue, FX Sales Trader at Saxo Markets, said: “Market...
October 30th, 2019

Will the 14 million Britons in poverty continue to be neglected throughout the general election campaign?
The calling of a general election on December 12th will provide the electorate with an opportunity to change the face of a parliament that leading Government...
October 30th, 2019

Poor customer service at high street banks, Mitek comments
Poor customer service at high street banks is causing consumers to turn to challengers such as Monzo, a new report has found. Lower costs, ease of use and...
October 30th, 2019

The Money Stats – October 2019 – Wage Growth Positivity Offset By Overall Financial Picture
Striking Numbers 2.0%: Increase in average real pay in the year to August 2019 14.3%: Increase in debt enquiries handled by Citizens Advice in September 2019...
October 29th, 2019

Stephen Haddrill appointed Director General of the FLA
The Finance & Leasing Association’s Chairman and Board have today announced that Stephen Haddrill has been appointed Director General of the FLA and will...
October 29th, 2019

Could a Brexit ‘flextension’ cause chaos for the UK’s personal finances?
In the past hour, European Council President Donald Tusk has said that the 27 countries that will remain in the European Union after Britain leaves have agreed...
October 29th, 2019

As QuickQuid closes, where’s best for sub-prime customers to attain loans
QuickQuid, the UK’s largest remaining payday lender has revealed that it will close down, with US-based owners, Enova, stating that regulatory...
October 25th, 2019

Foundation Home Loans appoint new Brand Manager
Foundation Home Loans, the intermediary-only specialist lender, has today announced the appointment of Katie Newell (previously Katie Tucker) as its new Brand...
October 25th, 2019

The Nottingham unveils new range of five-year fixed rate products
The Nottingham has introduced a new product, and rate reductions, to its range of five-year fixed mortgages. In comes a 95% LTV product with a rate of 2.75%,...
October 24th, 2019

OneFamily’s addition to Paradigm panel boosts lifetime mortgage product options
Paradigm Mortgage Services has today added lifetime mortgage provider, OneFamily, to its panel boosting the range of equity release product options available...
October 23rd, 2019

Twice as many Brits expect their financial situation to get worse rather than better in 2020
Almost one in three Brits (29%) expect their finances to get worse in the next year, while only 14% believe their financial situation will improve according a...
October 23rd, 2019

Air Later Life Academy training programme receives LIBF endorsement
Air Later Life Academy (LLA), the commercial and training organisation for later life advisers, has today announced its training programme has received...
October 21st, 2019

Retail sales value fell in September: and retail’s white knight – e-commerce – suffered worst of all, says ParcelCompare
Today’s ONS retail sales figures reveal the amount UK shoppers spent fell -0.2% in September, and this time the new saviour of retail, online stores, fell...
October 18th, 2019

Will a Brexit deal put the political chaos killing the UK’s personal finances to bed?
In the past hour, the Prime Minister and the EU have struck a deal outlining the future relationship between the UK and the European Union. With 10.5 million...
October 17th, 2019

Retail sales fell in September: and retail’s white knight – e-commerce – suffered worst of all, says ParcelCompare
Today’s ONS retail sales figures reveal the amount UK shoppers bought fell -0.2% in September, and this time the new saviour of retail, online stores, fell...
October 17th, 2019

Equiniti Credit Services and Credit Kudos Power Enhanced Credit Decisioning with Open Banking Partnership
Equiniti Credit Services, the UK’s leading consumer credit technology and outsourced services provider, today announces it has partnered with FCA-authorised...
October 17th, 2019

Clive Gillmore donates £3m to University of Warwick for Fintech research centre
The University of Warwick has received one of its largest donations from an individual to establish a new Fintech research centre. The £3 million donation has...
October 16th, 2019

Paradigm add Swansea Building Society to lender panel
Swansea Building Society has today become the latest lender to be added to the Paradigm Mortgage Services’ lender panel. From today, members of the mortgage...
October 16th, 2019

Foundation Home Loans completes fourth securitisation
Foundation Home Loans, the intermediary-only, specialist lender has announced the completion of its fourth securitisation under the Twin Bridges platform,...
October 16th, 2019

UK Finance Mortgage Trends – comment
Commenting on today’s UK Finance mortgage trends, John Phillips, national operations director at Just Mortgages and Spicerhaart said: “For some time now...
October 16th, 2019

Commenting on the steepest fall in UK employment in over four years
Commenting on the steepest fall in UK employment in over four years, Andy Scott, Associate Director at JCRA, said: “This morning’s employment data provides...
October 15th, 2019

FCA announcement on commission is good news for the industry
Commenting on the Financial Conduct Authority’s publication today of a consultation on discretionary commission models, Adrian Dally, Head of Motor...
October 15th, 2019

Foundation Home Loans launch fee-assisted five-year BTL specials
Foundation Home Loans, the intermediary-only specialist lender, has today launched three new fee-assisted five-year buy-to-let products available across both...
October 14th, 2019

Paradigm add more2life to provider panel
Paradigm Mortgage Services, the mortgage services proposition, has today added more2life, the later life lender, to its panel. From today, Paradigm member...
October 11th, 2019

Free Tenancy Deposit Scheme from TDS Custodial Sees 73% Growth
TDS has released its latest Annual Review, revealing an impressive 73% growth of their free Custodial tenancy deposit scheme during 2018-19 (financial...
October 11th, 2019

Brexit will not impact PRS but a Right to Buy for tenants will, say lender representatives
Brexit shouldn’t have a major impact on the private rental sector (PRS) however potential changes including rental caps and the introduction of a ‘Right to...
October 11th, 2019

BTL advice can be for all, say specialist lender representatives
While the buy-to-let market is moving in a more specialist direction, it should not necessarily preclude advisers from being as active as possible and...
October 11th, 2019

Together successfully completes third RMBS at £332 million
Together Financial Services Limited (“Together” or the “Group”), one of the UK’s leading mortgage and specialist loan providers, is pleased to...
October 11th, 2019

Shawbrook Bank poised to announce new savings products and digital proposition for UK’s small businesses
Shawbrook Bank has revealed it is set to launch a new and improved business savings proposition this autumn as it looks to build on its presence in the market...
October 11th, 2019

Second charge mortgage market reports volumes up by 12% in August
Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle, Acting Director General and Head of Consumer and Mortgage...
October 10th, 2019

Consumer finance new business holds steady in August
New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business held steady in August, and grew by 1% in the...
October 10th, 2019

Enquiries into Hope Capital up 61% while loan numbers double
Enquiries into Hope Capital are up 61% in the third quarter this year, from July to September, compared to the previous quarter. Not only are enquiries up but...
October 10th, 2019

The Right Mortgage & Protection Network announce tenth National Training Event
The Right Mortgage & Protection Network will host its tenth flagship roadshow event for members and prospective members, with registration now open. The...
October 9th, 2019

Savvy.co.uk secures £20 million investment to supercharge current growth
Stockport and Wilmslow based fintech company Savvy.co.uk is to create 25 jobs after securing a £20 million investment. The funding, from London-based Cairn...
October 9th, 2019

Zephyr Homeloans joins the Legal & General Mortgage Club panel
Zephyr Homeloans has been appointed to the Legal & General Mortgage Club lender panel to enable appointed representatives and authorised advisers access to...
October 9th, 2019

World Mental Health Day: mental health in the workplace – comments
There is a lot of emphasis on tackling workplace mental health problems such as stress, anxiety and hopelessness when they have built up to be serious and...
October 8th, 2019

Growing Appeal of UK Holiday Property Attracting Financial Advisors
Aria Resorts, a provider of holidays and investment properties around the UK, have today announced a strategic partnership with Derbyshire-based IFA firm...
October 7th, 2019

Banking Circle and Konsentus crowned winners at the Emerging Payments Awards 2019
Last night, some of the most influential fintech companies gathered at the InterContinental Hotel – The O2 to celebrate this year’s movers and shakers at...
October 4th, 2019

Dock9 release 2019 Mortgage Playbook
Dock9, the digital business solutions agency, has released their 2019 Mortgage Playbook, which not only sets out their vision for the future of technology in...
October 4th, 2019

Collapse of Thomas Cook leaves 9,000 former employees turning to friends for cash
Following the collapse of travel icons Thomas Cook, 9,000 former employees have been left vulnerable without receiving compensation for their loss of jobs. As...
October 3rd, 2019

The Moving Hub added to Legal & General Mortgage Club’s SmartrRefer select conveyancing panel
The Moving Hub, a leading conveyancing platform and case management system, has been added to SmartrRefer, Legal & General Mortgage Club’s network of...
October 3rd, 2019

Commenting on Prime Minister’s speech at Conservative Party conference
Commenting on Prime Minister’s speech at Conservative Party conference, Artur Baluszynski, Head of Research at Henderson Rowe, said: “The speech was very...
October 2nd, 2019

Kensington Mortgage and Property Report – October 2019
Headlines about the UK housing market are published on a daily basis, and it is one of the most closely watched and most easily understood indicators of the...
October 2nd, 2019

Partnership between the Vulnerability Registration Service and Synectics Solutions to support vulnerable customers
Not-for-profit initiative, the Vulnerability Registration Service, today announces a partnership with Synectics Solutions, one of the UK’s leading data...
October 2nd, 2019

Paradigm Protect add APRIL UK to provider panel
Paradigm Protect, the directly authorised protection proposition, has today announced it has added protection insurance specialist, APRIL UK, to its provider...
October 2nd, 2019

Encompass Corporation survey reveals customer outreach is top challenge for onboarding professionals
Encompass Corporation, a fast-growing provider of intelligently automated Know Your Customer (KYC) solutions, recently carried out a survey questioning...
October 1st, 2019

Commenting on how the BofE may have to cut interest rates and employ a ‘lower for longer’ approach
Commenting on how the BofE may have to cut interest rates, Artur Baluszynski, Head of Research at Henderson Rowe, said: “Even if we avoid a no-deal Brexit,...
September 30th, 2019

Fleet Mortgages announce further cuts to 75% & 80% LTV HMO & Limited Company rates
Fleet Mortgages, the buy-to-let specialist lender, has today announced further rates cuts to its 75% & 80% limited company and HMO products. Fleet has...
September 27th, 2019

The Money Stats – September 2019 – The Rising Cost of Everyday Life
Striking Numbers £4.05 per day: Average per household cost of water and energy in Q1 2019 £28.16 per day: 2019 cost for a lone parent family of raising a...
September 27th, 2019

Post MiFID II Financial Platform signs partnership with leading global consultancy ECA Ltd.
ReachX, a leading financial platform re-inventing access to Investment Banking services and research in a post-MiFID II environment, is pleased to announce the...
September 27th, 2019

CA responds to Labour consultation on leasehold
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today (26th September 2019) issued its response to the Labour...
September 26th, 2019

Mansfield Building Society added to Paradigm lender panel
Paradigm Mortgage Services, the mortgage services proposition, has today added Mansfield Building Society to its lender panel. From today, Paradigm members...
September 26th, 2019

OMS partners with Iress to expand mortgage sourcing options
One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for mortgage intermediaries, has partnered with Iress to expand...
September 26th, 2019

Housing benefits to private landlords in East of England cost government over £492 million a year
A change of policy to shift away from housing benefits to direct provision of council housing is long overdue. It will save money in the long run too, says GMB...
September 26th, 2019

The issue of moving or buying a new home is a wheel that really does keep on turning – Comment
Following the UK Finance figures this morning, here’s a comment from Richard Pike at Phoebus. He says “Overall, although the full market figures were lower...
September 25th, 2019

Family litigation finance specialist gears up for next level
Level, the independent lending boutique which specialises in family litigation finance, has appointed Neil Purslow as Non-Executive Director as it gears up for...
September 24th, 2019

Fosters Financial join JLM Mortgage Services
JLM Mortgage Services has today announced that East Anglian advisory firm, Fosters Financial, has joined its mortgage and protection network. Headquartered in...
September 24th, 2019

The Moving Hub lands award for Best Technology Based Conveyancing Firm
The Moving Hub, a leading conveyancing platform and case management system, has claimed the title of Best Technology Based Conveyancing Firm – UK in the...
September 19th, 2019

Sleepless nights and stressful days: Money worries take a toll on UK workers
Worrying about money is the leading cause of stress and harm to the wellbeing of British workers, according to a major study of over 2,000 employees from...
September 19th, 2019

Commenting on UK inflation falling to lowest levels since 2016
Commenting on UK inflation falling to lowest levels since 2016, Chris Towner, Director at JCRA, said: “The sun continues to shine on the British consumer as...
September 18th, 2019

StepChange Reveals Record Numbers Seeking Debt Advice
New statistics published today paint a bleak picture of the scale of problem debt in the UK, revealing a record 331,337 people contacted StepChange for help...
September 18th, 2019

UK Finance Figures – comments
The latest UK Finance figures reveal first time buyer mortgages were up 5.8 per cent more, homemover mortgages were 1.4 per cent up while remortgages were down...
September 17th, 2019

The Moving Hub and The Property Jungle announce tech link-up
The Moving Hub, a leading conveyancing platform and case management system, has partnered with the foremost provider of bespoke and template property websites,...
September 17th, 2019

Just Mortgages self-employed division expands further with the appointment of three new Area Directors
Three new area directors have joined Just Mortgages’ self-employed division as part of the company’s wider growth plans. Jonathan Phillips joined last...
September 17th, 2019

New Financial Services Company Launches in York
MAPIO Financial Ltd is a brand new financial services company focusing on mortgages and insurance protection. Founded by Liz Murdie and Scott Anscomb, who have...
September 16th, 2019

Foundation Home Loans launches five-year BTL fixes and cuts rates across range
Foundation Home Loans, the intermediary-only, specialist lender has today announced the launch of two new five-year buy-to-let fixed-rate products as well as a...
September 16th, 2019

Consumer car finance market grows by 5% in July
New figures released today by the Finance & Leasing Association (FLA) show that point of sale (POS) consumer car finance new business volumes grew by 5% in...
September 12th, 2019

Consumer finance new business grows by 4% in July
New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business grew by 4% in July, compared with the same...
September 12th, 2019

Stonebridge Group outlines strong half-year figures
Stonebridge Group, the mortgage and insurance network, has today (12th September 2019) announced a strong set of trading results for the first six months of...
September 12th, 2019

Together Financial Services Full Year Results 2018 19
Together Financial Services Limited (‘Together’ or ‘the Group’), one of the UK’s leading specialist mortgage and loan providers, is pleased to...
September 12th, 2019

More lenders will leave the market in the future, say lender representatives
There is a strong likelihood that increased competition will force more lenders out of the mortgage market in the future, along with future consolidation of...
September 12th, 2019

Drooms strengthens UK sales team with senior appointments
Drooms, Europe’s leading provider of secure cloud solutions in Europe, is strengthening its presence in the UK with the appointments of Ditte Nielsen as...
September 11th, 2019

Target Group strengthens board with Non-Executive Director appointment
Target Group, the business process outsourcing (BPO) and operational transformation provider, has today announced the appointment of Aileen Wallace as an...
September 11th, 2019

Money Group adopts OMS System across all its brands
One Mortgage System (OMS), the seamless single-input enquiry to completion mortgage processing CRM platform for brokers, has been adopted by all of the Money...
September 10th, 2019

Credit union network uses ADP
Credit union network My Community Finance has gone live with an automated decisioning platform that is set to transform its loan application process. It has...
September 9th, 2019

Woodford sells major stake in Non-Standard Finance to Alchemy
Yesterday, it was announced that Neil Woodford has sold a major chunk of his stake in the struggling doorstep lender Non-Standard Finance. It has been reported...
September 6th, 2019

Spicerhaart aims to raise enough money to take 15 families to Disneyland through biggest ever company-wide charity event
More than 200 Spicerhaart staff and their family and friends will be completing ‘a 5k Muddy Race’ on Sunday, September 15 to raise money for the...
September 4th, 2019

Fleet Mortgages announces additional funding partnership with OWS Capital Management
Fleet Mortgages, the buy-to-let specialist lender, has today announced it has agreed a new funding partnership with asset manager, One William Street (OWS)...
September 3rd, 2019

Top tips to help take your finances back-to-school
The school holidays have come to an end and parents may well be reeling over the costs of supplies to kit out their children for the new school term. Indeed,...
September 2nd, 2019

Hinckley & Rugby for Intermediaries added to Air Mortgage Club retirement lending panel
Air Mortgage Club – the distributor for equity release and later life advisers – has today added Hinckley & Rugby for Intermediaries to its...
September 2nd, 2019

Just Mortgages appoints three new sales directors
Just Mortgages has appointed three new divisional sales directors to support the business’ continued growth. Peter Kendall, Mike Peet and Tony Richards, will...
September 2nd, 2019

Glasgow’s CarMoney appoints industry specialist Niall Cameron as its new General Manager
CarMoney, the rapidly-expanding Glasgow-based motor finance business, has significantly strengthened its executive team with the appointment of an established...
September 2nd, 2019

The Money Statistics August 2019
Striking Numbers -0.2%: Change in UK Gross Domestic Product in the three months to June 2019 £59,166: Average total debt per UK household in June 2019 0.3%:...
September 2nd, 2019

Expert comment from Huntswood – PPI deadline
As the final deadline for PPI is now just hours away, Steven Kitchen, Managing Director, Huntswood said: “With the final few hours in which customers are...
August 29th, 2019

Amigo Holdings PLC Financial Results: Q1 FY20
Amigo Holdings PLC, (Amigo), the leading provider of guarantor loans in the UK, announces results for the three month period ended 30 June 2019. In the quarter...
August 29th, 2019

PPI comment
As the final countdown to the PPI deadline looms tomorrow, Steven Kitchen, Managing Director, Huntswood said: “With the final few hours in which customers...
August 28th, 2019

Air Mortgage Club add Mansfield Building Society to retirement lending panel
Air Mortgage Club – the distributor for equity release and later life advisers – has today added Mansfield Building Society to its retirement lending...
August 28th, 2019

“The most encouraging figures for a while”
Following the latest UK Finance lending update, Richard Pike, Phoebus Software sales and marketing director, said: “These latest figures from UK Finance are...
August 27th, 2019

Vision Blue open new office as they expand into news markets
Vision Blue, the Dublin-based credit technology specialist, is opening a new office in Nottingham as it expands into the personal insolvency and personal money...
August 23rd, 2019

Consumer car finance market falls by 3% in June
New figures released today by the Finance & Leasing Association (FLA) show that the point of sale (POS) consumer car finance market fell by 3% in June...
August 22nd, 2019
