News
Richard Fearon joins the Nottingham as non-executive director
1+ hour, 55+ min ago (212+ words) Fearon was previously CEO of Leeds Building Society. Nottingham Building Society has appointed Richard Fearon to its board as a non-executive director. Taking up the role in September, Richard will take over the position of senior independent director from Peter…...
Help to Buy alternative enables buyers to access ownership with a 1% deposit
1+ hour, 30+ min ago (261+ words) Proptech firm BLOXX has unveiled a new homeownership model that enables buyers to access ownership with a 1% deposit through fixed monthly payments, without mortgages or government subsidy. The fintech says delivering 1. 5 million new homes will require a "new residential asset…...
Firms must take action to prevent AI-driven attacks, FCA and Bank of England warn
3+ hour, 15+ min ago (322+ words) Regulated firms need to take action to plan for and mitigate cybersecurity risks posed by frontier AI, the regulators warn. The Bank of England, FCA and Treasury have released a joint statement on Frontier AI models and cyber resilience. The…...
Senior mortgage leaders urge colleagues to join in ED&I conversation
3+ day, 1+ hour ago (515+ words) The trio have warned that progress risks stalling if people assume the conversation "isn't about them'. Three senior mortgage leaders have urged colleagues across the sector to take part in Working in Mortgages' 2026 Equity, Diversity and Inclusion (ED&I) Viewpoint research,…...
The Right Mortgage & Protection adds TAB to lender panel
3+ day, 2+ hour ago (153+ words) TAB, established in 2018, has lent over "800 million to date. The Right Mortgage & Protection Network has added specialist property finance lender, TAB, to its lender panel. TRM advisers will now have access to TAB's mortgage and bridging finance solutions, with mortgage…...
Offa strengthens Home Purchase Plan and buy-to-let team with four new hires
4+ day, 2+ hour ago (408+ words) Financial Reporter Offa strengthens Home Purchase Plan and buy-to-let team with four new hires The firm has appointed three home finance advisers and a support specialist, with experience in the conventional mortgage industry. Islamic property finance fintech firm, Offa, is…...
Next Intelligence partners with Box Socials to support brokers' social media presence
4+ day, 17+ min ago (306+ words) The platform supports brokers in creating consistent, branded and compliance-aware social media content. Next Intelligence has announced a new partnership with Box Socials, a compliance-focused social media creation platform built specifically for mortgage and protection advisers. The partnership will enable…...
Mortgage arrears fall to three-year low but 'environment remains fragile': UK Finance
4+ day, 1+ hour ago (465+ words) Residential and buy-to-let arrears both decreased in Q1, however repossessions edged up. Mortgage arrears have fallen for the seventh consecutive quarter to the lowest level since Q2 2023, the latest UK Finance figures show. There were 79, 110 homeowner mortgages in arrears of 2. 5% or more…...
A regional yield story brokers cannot ignore
4+ day, 1+ hour ago (879+ words) Martin Sims, distribution director at Molo Finance, explains why more emphasis on sustainability, local dynamics and longer-term viability are strong considerations now, over a simple focus on headline returns. The days of assuming that yield will look after itself are,…...
United Trust Bank appoints relationship manager for deposit solutions
4+ day, 2+ hour ago (211+ words) The Bank is targeting growth in trust deposits business through solicitors, IFAs and other professionals. United Trust Bank (UTB) has appointed Louis Gleeson as a relationship manager in its deposit solutions team with a focus on growing UTB's trust deposits…...