Featured Mortgage Industry News

  • March lending slows except for small increase to first-time buyers

    The only uptick in mortgage lending in March was to first-time buyers, according to the latest figures from UK Finance.

  • Aldermore creates later-life remortgage range

    Specialist bank Aldermore has moved into the later-life lending market offering mortgages to homeowners aged between 55 and 85 who wish to access equity in their home without having to sell it.

  • InterBay expands solicitor panel to three

    OneSavings Bank’s specialist commercial mortgage lending arm, InterBay Commercial, is expanding its solicitor panel, following a successful 2017 in which it surpassed all new lending targets.

  • Leek United offers exclusive new build loan via PMS and Sesame

    An exclusive fixed rate mortgage for new build residential homes has been launched by Leek United and available only through PMS Mortgage Club and Sesame.

  • Features

    • The future of digital in the mortgage market

      Digital technology is changing the financial landscape but how will it impact on the mortgage market of the future? This was the subject under consideration at the latest Mortgage Finance Gazette Lunch Club in association with Sutherland UK

    • A core banking system migration performed on time and within budget

      In August 2016, the Stafford Railway Building Society (SRBS) awarded Mutual Vision a seven-year contract to provide its core banking services together with a digital proposition for improved engagement with intermediaries and customers.

    • The digital evolution of conveyancing

      Angela Gordon-Lennox, head of product, environment, legal & mapping at Landmark Information discusses how conveyancing is evolving with the help of digitisation and integration of data

    Lending news

    Financial technology

    • Tesco Bank launches product transfer portal

      Brokers are now able to transfer current Tesco Bank mortgage customers onto a new product when their current one matures following the creation of the lender’s new product transfer portal.

    • The future of digital in the mortgage market

      Digital technology is changing the financial landscape but how will it impact on the mortgage market of the future? This was the subject under consideration at the latest Mortgage Finance Gazette Lunch Club in association with Sutherland UK

    • A core banking system migration performed on time and within budget

      In August 2016, the Stafford Railway Building Society (SRBS) awarded Mutual Vision a seven-year contract to provide its core banking services together with a digital proposition for improved engagement with intermediaries and customers.

    • Digitising the Land Registry

      Gerry McFall and Chris Harris from Lawyer Checker report on a seminar where the Land Registry outlined to conveyancers its future plans including the digitisation of mortgage deeds

    MFG awards