Steven Morris
Media Coverage
The Intermediary
Brokers brace for a busy 2024
Newspage asked a selection of brokers, conveyancers and specialist mortgage recruiters what they are expecting in 2024.
The Intermediary
Brokers predict “horrible ending” for landlords, as BTL arrears rise by 29%
According to UK Finance, there were 11,540 buy-to-let mortgages in arrears of 2.5% or more of the outstanding balance in the third quarter of 2023.
FTAdviser
Brokers slam comparison website for incorrect mortgage content
Brokers have raised concerns after incorrect content around interest-only mortgages was published on comparison website, Compare The Market.
Financial Reporter
Comparison website advises consumers not to overpay on interest-only mortgages
Brokers raised concerns around the incorrect content and highlighted the value of professional advice.
The Intermediary
Brokers give their verdict on Nationwide rebrand
Following its rebrand last week, brokers have shared their views on the new Nationwide logo and strapline.
Introducer Today
Brokers Slam NatWest For ‘Not Acting In Consumer Interest’
Brokers slam NatWest for offering a sub-5.0% mortgage rate directly to consumers, bypassing brokers.
The Intermediary
“Positive news for borrowers” - brokers react to Bailey’s signalling of a potential slowdown of base rate increases
Andrew Bailey, the Governor of the Bank of England, said that the UK is transitioning from a phase of necessary rate increases to nearing the peak of the cycle.
Mortgage Strategy
Others likely to follow NatWest and HSBC on rate cuts? – Mortgage Strategy
NatWest has announced a series of rate cuts across its residential and buy-to-let mortgage ranges. Available from 5th September, residential purchase products will reduce by up to 35bps and tracker rates...
Evening Standard
NatWest and HSBC cut mortgage rates, as brokers expect other top lenders to follow
The UK’s top lenders have now been cutting mortgage rates for six weeks
Financial Reporter
NatWest becomes latest lender to announce mortgage rate cuts
Rates are being cut by up to 55bps with notable reductions across residential and tracker mortgages.
BirminghamLive
NatWest issues 24-hour warning to customers as it follows HSBC lead
Earlier today, the high street bank announced a series of rate cuts across its residential and buy-to-let mortgage ranges
Mortgage Solutions
Koodoo can do a CeMAP but AI can’t replace brokers...or can it?
Artificial intelligence has the potential to revolutionise mortgage advice, brokers have suggested, but that will come through supporting advisers rather than replacing them.
FTAdviser
AI cannot ‘truly understand’ the needs of mortgage clients
Artificial Intelligence mortgage tools are unable to “truly understand the needs of clients”, South Coast Mortgage Services director, Gareth Davies, has stated.
The Negotiator
Connells launches yet another investigation into ‘pressurised selling’
Independent mortgage brokers are calling for proper penalties for those involved in conditional selling and want the Financial Conduct Authority to take action.
The Guardian
UK short-term borrowing costs surge above Truss-era highs as more UK interest rate rises loom – business live
UK interest rates expected to hit 5.5% by December after regular pay grows by a record, sending two-year bond yields soaring
Yahoo News
UK households falling behind on mortgage payments as costs surge
Lenders have been raising prices on some new and existing mortgages.
The Sun
Eight schemes for first-time buyers as house prices hit record high
HOUSE prices are higher than they’ve ever been but there is help for first-time buyers if you know where to look. It now costs an average £224,963 to buy your first home – £890 more tha…
Mortgage Solutions
Sourcing systems trying ‘to be too clever’ ‒ analysis
Sourcing systems must focus on providing brokers with more accurate information, and stop trying to do too much, intermediaries have argued.
Mortgage Solutions
Public’s trust in Martin Lewis ‘an opportunity’ for advisers ‒ analysis
The financial services industry is responsible for the lack of trust it enjoys from clients, compared with the likes of Martin Lewis, brokers have suggested.
FTAdviser
Spray foam guidance to help mortgage borrowers
A framework has been released to help surveyors and property professionals appropriately inspect the use of spray foam insulation in properties in a bid to support homeowners that have had mortgage issues.
IFA Magazine
Do mortgage comparison sites have a role in advice? - Brokers and advisers share their views
Free PR platform, Newspage, asked brokers what they think of mortgage comparison sites. Some believe they have a role, others believe they simply cause confusio
Mortgage Solutions
Nationwide ditches sub-four per cent mortgages as swap rates rise
Nationwide has increased the mortgage rates on select products, effective from 3 March.
Mortgage Strategy
Nationwide becomes latest lender to increase rates – Mortgage Strategy
Nationwide has made increases across selected fixed-term and tracker new business and switcher products, effective today (3 March). For new business, the lender has upped rates across its new member moving,...
IFA Magazine
As Nationwide warns “deposit requirements remain prohibitively high” for FTBs, brokers reveal which lenders stand out
Following Robert Gardner of Nationwide outlining the challenges faced by first-time buyers this morning in the lender’s February HPI, Newspage asked brokers wh
Mortgage Solutions
Nearly half of broker firms feel ‘somewhat’ prepared for Consumer Duty – poll results
Around half of mortgage broker firms said they were somewhat prepared for Consumer Duty and over a quarter said they did not feel prepared at all, a vMortgage Solutions poll has found.
Mortgage Professional
Mortgage advice that you should think twice about following
They could be “good for one person and bad for another”
Daily Express
Mortgage boost with 5-year fixed deal under 4%
HSBC gives first sub-four percent offer since last year’s mini-Budget while houses prices ″set to fall by 20 percent’.
Yahoo Finance
HSBC launches new 5-year deal as mortgage market hots up
MORTGAGE brokers say the market for home loans is roaring back, with cheaper loans coming on every day. While the Bank of England is still signalling that interest rates should keep rising for the near...
Evening Standard
HSBC launches new 5-year deal as mortgage market hots up
Mortgage brokers say the market for home loans is roaring back, with cheaper loans coming on every day.
Financial Reporter
Money Box’s Paul Lewis tells mortgage seekers to avoid ‘local brokers’ - brokers react
Paul Lewis said
IFA Magazine
Halifax Nov House Price Index: reaction from estate agents and brokers
Following the Halifax November house price index announcement that highlighted that the UK housing market is continuing to slow, a selection of estate agents a