ColCap buys 80% stake in digital lender Molo  

By: ameer@trustedteam.com

Australian finance firm ColCap Financial has acquired an 80% stake in digital lender Molo in a move that will lead to further expansion in the UK.   ...

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MFS secures £500m of new institutional funding

By: ameer@trustedteam.com

Market Financial Solutions (MFS) has secured £500m of new institutional funding. ...

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Tipton & Coseley Building Society home loan lending hits £108m 

By: ameer@trustedteam.com

Tipton & Coseley Building Society reported its mortgage book lifted 6.8%, with gross mortgage lending hitting £108m last year, despite “financial market turmoil arising from the government’s mini-Budget in...

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Accord lifts resi rates for new customers by up to 40bps  

By: ameer@trustedteam.com

Accord Mortgages will lift home loan rates for new customers by up to 40 basis points in a move that will see the old prices withdrawn at 8pm today...

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Editor’s Note: Focus on the green shoots

By: ameer@trustedteam.com

How has your year been so far? The general feeling seems to be that the market is somewhat subdued, particularly for home purchase and buy-to-let. In fact, the results of...

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Weaker purchase activity in Q4 was offset by price growth and strong refinancing

By: ameer@trustedteam.com

Weaker house purchase activity through last year was offset by price growth and strong refinancing, the latest UK Finance household finance review reveals. The report found that gross lending increased...

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FTBs push ahead with Help to Buy purchases: Legal & General  

By: ameer@trustedteam.com

First-time buyers are pushing ahead with Help to Buy purchases, even as the 10-year programme comes to an end this month, data from Legal & General shows.   Broker searches...

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The path has been challenging and there’s more to do: IWD

By: ameer@trustedteam.com

“The path to women’s equality has been long and challenging and we still have work to do,” Leeds Building Society’s director of mortgages Jenny Ryatt states. Today (8 March 2023)...

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Broker searches ‘overhauled’ in February: Knowledge Bank  

By: ameer@trustedteam.com

Broker searches saw a “significant overhaul” in February, as the market underwent a raft of product and rate changes amid the backdrop of the cost-of-living crisis, data from Knowledge...

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Twenty7tec adds Tandem to Source module

By: ameer@trustedteam.com

Twenty7tec has added Tandem Bank to its Source module. Tandem Bank launched its specialist residential product range in 2022 with an aim of being the UK’s greener digital bank. Tandem’s green...

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