-
6 days ago | 
mortgagefinancegazette.com | Bek Commane
From 11 to 16 May, professionals from across the mortgage industry will lace up their walking shoes and unite for the Mortgage Industry Mental Health Charter (MIMHC) ‘Walk & Talk’.
-
1 week ago | 
mortgagefinancegazette.com | Bek Commane
Anti-money laundering (AML) continues to be a high priority across all sectors. The extent to which money laundering activity can impact the UK economy is estimated by the National Crime Agency (NCA) to run into the hundreds of billions of pounds.
In March, the government published its Anti-Money Laundering and Counter-Terrorist Financing Supervision Report for 2023 – 24 where it reconfirmed its commitment to ‘maintaining robust defences against illicit finance’.
-
1 week ago | 
mortgagefinancegazette.com | Bek Commane
Emap has hired James Prosser as commercial director across B2B propositions Mortgage Strategy and Mortgage Finance Gazette. James brings a wealth of experience within the mortgage publishing and events industry and will be tasked with bringing innovation back to this part of the sector.
Emap managing director Piers Johnson says: “James to the team to help drive our mortgage brands forward.
-
1 week ago | 
mortgagefinancegazette.com | Bek Commane
in Banks, Building societies, Lending news, Uncategorised
Multiple lenders have today cut rates across their mortgage ranges, some significantly.
HSBC UK has made rate cuts of up to 0.25% on specific mortgages and says all of its purchase and first-time buyer rates are under 5% for the first time since 2022.
-
2 weeks ago | 
mortgagefinancegazette.com | Bek Commane
April Mortgages has introduced lending up to seven times income on specific products, exclusively available through intermediaries.
The increased LTI (loan to income) offering is available on the lender’s 10- and 15-year fixed rate mortgage products for applicants with a household income of £50,000 or more, up to 85% LTV.
-
4 weeks ago | 
mortgagefinancegazette.com | Bek Commane
in Company news, Funding, Lending news
Intermediary-only lender Perenna Bank has partnered with residential mortgage lender Gen H in a new funding deal.
The alliance sees Perenna, which specialises in long-term fixed rate mortgages, provide forward flow funding for Gen H’s newly launched scheme, New Build Boost.
-
1 month ago | 
mortgagefinancegazette.com | Bek Commane
in Lending news
It was another week of rate cuts in the mortgage market this week, dominated by reductions from mutual lenders.
According to Moneyfacts data, two-year fixed residential mortgages dipped 0.04% to an average of 5.29% in the week to 11 April, while average three-year and five-year fixes also fell 0.04% to 5.16% and 5.14% respectively in the same period.
-
1 month ago | 
mortgagefinancegazette.com | Bek Commane
Specialist lender Precise, part of OSB Group, has made four new appointments to its bridging division.
Davey Gurm, John Bremner and Jodie Worswick will all join the bridging arm as specialist finance account managers, while Amit Kumar has been hired as a dedicated office-based business development manager. OSB says the new hires will support brokers looking for short term finance solutions on behalf of their customers.
-
1 month ago | 
mortgagefinancegazette.com | Bek Commane
Hodge Bank has appointed Daniel Lewis and Sara Bailey to its senior leadership team.
Bailey joins as head of marketing with a decade of marketing experience, including most recently as strategy director at Spindogs. Hodge says his vast experience in marketing strategy, customer engagement, and digital transformation will be instrumental in leading Hodge Bank’s marketing initiatives. Hodge has also hired Sara Bailey as head of Operations.
-
1 month ago | 
mortgagefinancegazette.com | Bek Commane
Meridian Mortgages Group has acquired Bedfordshire brokerage William Lowden & Associates for an undisclosed amount.
Meridian, part of Mortgage Advice Bureau, specialises in the new build market and says the acquisition of William Lowden boosts its capacity to support developers and improve the buyer journey. The acquisition will take Meridian Group, which includes its shared ownership business, Metro Finance, to more than £1 billion in lending in 2025.
