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LiveMore appoints national account manager

LiveMore has promoted Darren Cunliffe to the role of national account manager. His appointment follows a year spent as key account manager for the North. In his new role, Cunliffe (pictured) will be supporting Les Pick, LiveMore’s director of intermediary sales, to further develop strategic relationships with intermediaries, networks and clubs across the UK. He will continue to work closely with…

Legal & General updates intermediary protection platform

Legal & General has made a number of updates to its adviser protection platform, OLP Connect, to improve user interface and ultimately better customer outcomes. The updates follow adviser feedback gathered through detailed research between 2022 and 2023, meaning the platform updates reflect the way advisers want to work to support customers and develop their businesses. Following updates made in…

Major rise in 10-15yr mortgage searches from over-50s

Legal & General has revealed that broker search data from its Ignite platform shows a significant increase in over 50s searching for remortgages with terms that will carry them close to or into retirement. According to UK Finance data, the average first-time buyer will be paying off their loan until the age of 64 – the oldest age since records began in 2005. Legal & General has revealed that the…

LendInvest Mortgages adds £350 BTL cashback option

LendInvest Mortgages has introduced new incentives for its buy-to-let mortgage range. Customers can now receive £350 cashback upon the completion of their buy-to-let mortgage. In addition, LendInvest is offering up to 10bps off across its buy-to-let mortgage range. Application and valuation fees will now be paid upfront, streamlining the mortgage process and making it more straightforward for…

Advise Wise integrates with Canada Life via API

Advise Wise has announced the introduction of its latest API integration with Canada Life. The users of the Advise Wise platform can now request Instant Key Facts Illustrations (KFIs) and submit online applications from Canada Life’s product range in just a few clicks, directly from the Advise Wise Platform. The two systems are linked through an authentication solution that enables users to…

Perenna added to TMA lender panel

TMA has added Perenna Bank to its lender panel. It means that TMA intermediaries can now provide their clients access to Perenna’s range of flexible long-term fixed-rate mortgages. Perenna’s mortgages are fixed for the full term, between 15 and 40 years, and only carry early repayment charges for the first five years. Lisa Martin (pictured), TMA’s development director, said: “Borrowers are…

Buckinghamshire BS launches five-year fixed rate RIO mortgage

Buckinghamshire Building Society has launched a five-year fixed rate retirement interest-only mortgage product. The five-year fixed rate RIO mortgage has a headline rate of 5.59%, up to 60% loan to value (LTV) and is available for both purchase and remortgage purposes. A desktop valuation option is applicable for remortgage applications. It has a minimum loan size of £50,000 with a maximum loan…

Brightstar completes NACFB Assurance consultation process

The Brightstar Group has achieved NACFB Assurance status, which confirms its dedication to maintaining the highest industry standards and service levels. Launched last April by the National Association of Commercial Finance Brokers (NACFB), NACFB Assurance is an evolution of the trade body’s long-established Minimum Standards Review, a process which supports Member brokers and attests to their…

Lawrence Stephens joins Atom bank's solicitor panel

Atom bank has appointed Lawrence Stephens to its commercial lending legal panel. Lawrence Stephens is a law firm whose proposition is firmly aimed at privately owned/private equity-backed entrepreneurial businesses and disruptors, including challenger banks, alternative lenders and similar institutions. Its real estate finance and banking teams advise over 50 different lenders and acts for both…

Home movers favouring detached houses

The number of people moving home rose by 10% in the first half of the year, according to the latest Lloyds Bank Home Mover Review. In the first six months of 2024 the number of home moves recorded was 126,884, compared to 115,530 during the same period in 2023. Greater London saw the largest growth in home moves into or around the capital, as 10,650 (+16%) made a house move, perhaps as continued…

Zephyr unveils new 80% LTV mortgage range

Zephyr Homeloans has announced a two-year, fixed, 80% mortgage product across its standard, HMO (houses of multiple occupancy) and MUFB (multi-unit freehold blocks) ranges. The lender is offering the following for properties with an A to C-rated energy performance certificate (EPC): 5.89% on a two-year, fixed-rate, standard mortgage up to 80% LTV, with a 3% fee 6.09% on a two-year, fixed-rate…

LSL appoints chief distribution officer for financial services division

Emma Hollingworth has been appointed by LSL Group as chief distribution officer for its financial services division. She will start her new role in September. Hollingworth (pictured) joins from HSBC, where she was head of specialist lending, having previously worked for MPowered Mortgages, Bluestone Mortgages, and Mortgage Advice Bureau. Richard Howells, LSL’s group managing director for…

Homeowners aged 55+ more tech savvy than previously thought

New research has found that 62% of UK homeowners aged 55+ would look to price comparison websites (PCWs) to compare different financial products. The Equity Release Council and Equity Release Supermarket jointly undertook research into the role of technology in supporting the customer journey. The Council’s bi-annual Home Advantage study of money matters among 5,000 UK adults shows growing…

MARS expanded to include customer vulnerability data for households

MorganAsh has added a new enhancement to the MorganAsh Resilience System (MARS) to now present vulnerability data for households, as well as for individuals. The firm believes its latest upgrade will better reflect vulnerabilities within families, with many financial decisions made for a family rather than for each individual separately. Mortgages, joint life insurance, property insurance and…

Molo Finance cuts buy-to-let rates

Molo Finance has announced reductions to its buy-to-let mortgage rates for UK residents, expats and non-UK residents, with adjustments of up to 25 basis points (bps). Effective immediately, Molo’s new rates for UK residents see two-year fixed buy-to-let rates starting from 4.35% for individual and limited company borrowers at a 75% loan-to-value (LTV), while five-year fixed rates start at…

UTB offers free valuations to Premier Club members

United Trust Bank (UTB) Mortgages is now offering free valuations on residential mortgages to its UTB Premier Club members. UTB launched its Premier Club in April this year inviting a select group of mortgage packagers to access a range of semi-exclusive rates, criteria and features available to brokers using packager’s services for specialist mortgage applications. In June, UTB increased its…

Hodge makes further 50+ and RIO rate reductions

For the second time this month, Hodge is reducing rates across a range of its 50+ and Retirement Interest Only (RIO) Mortgages – with some rates being cut by 0.33%. These reductions, which affect several of its two-year and five-year fixed rate products, are available to new and existing customers from today. Details are as follows: Product Max LTV Product Fee Current rate Proposed rate 50+…

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