MPowered ups cashback on 5-year products, cuts rates on 2-year fixes

By: ameer@trustedteam.com

MPowered Mortgages has increased cashback on five-year products and reduced rates on two-year fixed products. Across all five-year fixed products, cashback has been boosted by £500. This brings the total cashback...

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More than half expect interest rates to rise in next 12 months: BoE

By: ameer@trustedteam.com

The Bank of England (BoE) reveals that 58% of respondents in its inflation attitudes survey expect interest rates to rise over the next 12 months. This figure is down from...

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First Republic rescue caps 180-degree turn in banking mood for now

By: ameer@trustedteam.com

After what felt on Wednesday like relative calm in the banking industry compared with the chaos of the five previous days, uncertainty returned early Thursday amid concerns about the...

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Feature: Questions lenders should ask when planning mortgage or loan portfolio migration  

By: ameer@trustedteam.com

The biggest barrier for lenders to move their mortgage book to a new software provider is their fear of the migration process. A substantial amount of work goes into...

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House prices in Scotland post largest fall in 10 years: Walker Fraser Steele

By: ameer@trustedteam.com

House prices in Scotland fell by the largest amount in 10 years in January, according to the latest Walker Fraser Steele Acadata house price index. ...

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Latitude Financial hit by malicious cyberattack

By: ameer@trustedteam.com

Latitude Financial has revealed it has been hit by a sophisticated and malicious cyberattack that has compromised a total of 328,000 separate pieces of data that it had sourced...

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2023 Best Small Mortgage Companies to Work For

By: ameer@trustedteam.com

The Best Mortgage Companies to Work For program is a partnership between National Mortgage News and the Best Companies Group, which conducts extensive employee surveys and reviews employer reports...

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Paradigm adds Gen H to lender panel

By: ameer@trustedteam.com

Paradigm has added fintech lender Generation Home to its lender panel. Paradigm member firms will have access to Gen H’s range of residential mortgage products, which aim to support borrowers...

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SimplyBiz CEO Reynolds becomes new Fiba chair   

By: ameer@trustedteam.com

The Financial & Intermediary Broker Association has announced that SimplyBiz Mortgages chief executive Martin Reynolds will become its new chair.   Reynolds will take up the post on 1 May,...

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