All Specialist Lending Stories

Buy to Let Club adds MTF and LendInvest to bridging panel

Buy to Let Club adds MTF and LendInvest to bridging panel

Buy to Let Club has added MTF and LendInvest to its panel and appointed an in-house bridging specialist to extend its offering to Club members.

22 Feb 2017

Professionals choosing second charge for debt consolidation

Professionals choosing second charge for debt consolidation

Second charge mortgage lender Equifinance says the profile for customers taking out a second charge mortgage has changed significantly against the backdrop of CCJs in 2016 being at record levels.

16 Feb 2017

Remortgage is not the only option

Remortgage is not the only option

Coming into the year, you could sense the hope that the resurgence in remortgage activity seen in the second half of 2016, would continue into 2017. We don’t have any remortgage statistics for January yet, however I’m suspecting that it has continued in a strong vein – certainly when you look at the product price cutting that took place throughout the first 31 days of the year, it’s clearly apparent that lenders are wanting to take market share and that pricing has been the choice of many to do this.

15 Feb 2017

Lenders urge networks to offer specialist support

Lenders urge networks to offer specialist support

The majority of the UK’s specialist lenders would like to see mortgage networks work more closely with specialist distribution firms in 2017, according to Vantage Finance research.

15 Feb 2017

Second charge lending remains subdued in December: FLA

Second charge lending remains subdued in December: FLA

Second charge mortgage new business fell by 6% in volume in December, continuing the downward trend seen in the previous two months, according to Finance & Leasing Association data.

10 Feb 2017

Mint Bridging appoints Head of Sales

Mint Bridging appoints Head of Sales

Mint Bridging has recruited Sinead Moynihan as its Head of Sales to oversee the current team of five BDMs.

10 Feb 2017

Kent Reliance partners with TMA to provide direct submission route

Kent Reliance partners with TMA to provide direct submission route

Kent Reliance has partnered with The Mortgage Alliance to provide a direct submission route for its brokers and extend its specialist distribution network.

09 Feb 2017

Seneca Bridging partners with Julian Harris Network

Seneca Bridging partners with Julian Harris Network

Seneca Bridging has partnered with the Julian Harris Network to enable its appointed representatives to access the lender's short term lending products.

06 Feb 2017

In the Spotlight with Steve Seal, Kent Reliance

In the Spotlight with Steve Seal, Kent Reliance

We spoke to Steve Seal, Head of Sales at Kent Reliance, about the new buy-to-let affordability rules, the supply and demand issue, and the future of the complex lending market.

03 Feb 2017

Mansfield BS launches Versatility specialist lending brand

Mansfield BS launches Versatility specialist lending brand

Mansfield Building Society has launched Versatility - a new brand given to its specialist lending range which aims to help brokers identify niche solutions more easily.

03 Feb 2017

 

Diversify or die: embracing the second charge market

Diversify or die: embracing the second charge market

A recent study by Together made for some very uncomfortable reading for those of us operating in the second charge sector.

02 Feb 2017

Second charge market sees surge in debt consolidation demand

Second charge market sees surge in debt consolidation demand

An increasing number of clients are taking out charge products to help with growing debt concerns.

02 Feb 2017

SimplyBiz adds Fluent to second charge panel

SimplyBiz adds Fluent to second charge panel

SimplyBiz Mortgages has chosen Fluent for Advisers as part of its panel of specialist distributors.

01 Feb 2017

Together ups personal mortgage loan size to £1m

Together ups personal mortgage loan size to £1m

Together has increased its maximum personal mortgage loan amount to £1m to address rising property prices.

01 Feb 2017

United Trust Bank cuts bridging rates to 0.55%

United Trust Bank cuts bridging rates to 0.55%

United Trust Bank is the latest lender to announce reduced interest rates on its bridging loans, cutting rates across all LTV bandings.

31 Jan 2017

Bridging lending rises by 11.5% in 2016

Bridging lending rises by 11.5% in 2016

Bridging loan volumes rose by £50.1m (11.5%) to £482.61m in 2016, despite a volatile year that saw issuance levels rise and fall against major political events, according to the latest Bridging Trends data.

31 Jan 2017

New asset-finance sourcing platform launches

New asset-finance sourcing platform launches

Financial services broker Midlands Asset Finance has launched a new online platform - Asset Finance Compared - which aims to simplify the process of sourcing and applying for asset finance.

31 Jan 2017

ASTL rule change to eliminate back charging of interest

ASTL rule change to eliminate back charging of interest

ASTL members have voted to toughen up its Code of Conduct to avoid the back-dating of higher rates of interest to the inception of a loan, should a client go into default.

24 Jan 2017

Roma Finance launches limited edition 0.75% bridging rate

Roma Finance launches limited edition 0.75% bridging rate

Roma Finance has launched a limited edition residential first charge bridging rate of 0.75% per month up to 75% LTV.

23 Jan 2017

Help must come for the ‘credit crushed’ borrowers

Help must come for the ‘credit crushed’ borrowers

Last year, we had heard the case of an unfortunate borrower. Let’s call him John.

20 Jan 2017

In the Spotlight with Louisa Sedgwick, Vida Homeloans

In the Spotlight with Louisa Sedgwick, Vida Homeloans

We spoke to Louisa Sedgwick, Director of Sales - Mortgages at Vida Homeloans, about what's in store for the lender in 2017 and its focus on the intermediary market.

20 Jan 2017

Masthaven cuts bridging rates to 0.49%

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Masthaven cuts bridging rates to 0.49%

Masthaven has cut the rates it offers on its first charge bridging products to its selected panel of premier partners.

18 Jan 2017

Brightstar campaigns for 'smarter FCA rules' on specialist advice

Brightstar campaigns for 'smarter FCA rules' on specialist advice

Brightstar Financial is launching a campaign to help ‘credit crushed’ borrowers who wrongly believe they can’t get the finance they need "because of a broken financial system".

18 Jan 2017

Twenty7Tec launches further advance and ported product enhancements

Twenty7Tec launches further advance and ported product enhancements

Twenty7Tec has announced a further enhancement to its MortgageSource system, enabling brokers to compare further advances and ported products to purchase, remortgage or second charge lending options.

17 Jan 2017

Precise launches lowest-ever bridging rate at 0.54%

Precise launches lowest-ever bridging rate at 0.54%

Precise Mortgages has launched its lowest-ever bridging rate of 0.54% per month.

16 Jan 2017

Second charge lending volumes continue to fall: FLA

Second charge lending volumes continue to fall: FLA

Second charge mortgage new business volumes fell by 6% in November compared with the same month in 2015, while growth in the value of second charge mortgage new business was flat, according to figures from the Finance & Leasing Association.

13 Jan 2017

West One appoints Marie Grundy as Sales Director

West One appoints Marie Grundy as Sales Director

Bridging lender West One has appointed Marie Grundy as Sales Director to further drive growth across all of its lending activities.

13 Jan 2017

Clever Lending appoints bridging specialist

Clever Lending appoints bridging specialist

Clever Lending has appointed David Winter to help grow the commercial and bridging business as lending levels continue to grow.

12 Jan 2017

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