News
Second home buyers warned over rising tax and mortgage costs across UK
1+ hour, 54+ min ago (343+ words) Prospective second home buyers are being warned to consider the growing financial and regulatory costs attached to purchasing additional properties across the UK. George Abouzolof, senior mortgage broker at Clifton Private Finance, said buyers are increasingly being caught out by…...
Aspen provides "3m+ bridge-to-let facility for 21-unit HMO development
1+ hour, 3+ min ago (218+ words) Aspen has completed a "3, 050, 000bridge-to-letfacility to support the refinance and development of a 21-bedroom house in multiple occupation (HMO) scheme on Iffley Road in Oxford. The funding package, which represents 80% loan-to-value (LTV) on day one, comprises an initial advance of…...
Pivotal acquires Lending Score to accelerate AI technology strategy
2+ hour, 9+ min ago (217+ words) Pivotal has acquired Lending Score, the UK mortgage technology and data solutions provider, as it looks to accelerate the development of its AI-driven adviser platform strategy. Pivotal said the deal would support the creation of its new Pivotal Innovations Lab,…...
Kroo Bank agrees funding partnership with bridging lender Glenhawk
1+ hour, 58+ min ago (277+ words) Digital bank Kroo has completed a loan portfolio acquisition and entered into a forward flow funding agreement with specialist bridging lender Glenhawk. The deal will see Kroo acquire an existing portfolio of Glenhawk loans while also funding a proportion of…...
Alto launches AI analyst for estate agents - The Intermediary - Latest UK mortgage news
22+ hour, 1+ min ago (384+ words) Alto has launched Alto IQ, an artificial intelligence (AI) analyst that works inside its CRM software for estate and letting agents." With Alto IQ, agents can ask questions about their data and get clear answers instantly, including plain English explanations....
Lon Res launches AI Boost service - The Intermediary - Latest UK mortgage news
22+ hour, 27+ min ago (219+ words) AI Boost, which is free to Lon Res members, gives agents the opportunity to promote their properties beyond Lon Res to a wider consumer market via artificial intelligence (AI) platforms. After activating the service with on Lon Res, each AI…...
Dudley Building Society appoints Helen Smith as chief growth officer
1+ day, 1+ hour ago (393+ words) Dudley Building Society has appointed Helen Smith as chief growth officer as part of its wider strategy to grow the Society and develop its customer and intermediary offering. Smith joined the Society in April and brings senior leadership experience across…...
Santander customers make "894m worth of mortgage overpayments in 2026
22+ hour, 5+ min ago (151+ words) The Intermediary Santander customers make "894m worth of mortgage overpayments in 2026 Santander UK revealed that its customers overpaid their mortgages by more than "894m in the first four months of 2026. This was over "200, 000 higher than the same period last year, as more…...
April Mortgages secures funding partnership with Scottish Building Society - The Intermediary - Latest UK mortgage news
1+ day, 1+ hour ago (269+ words) April Mortgages has entered into a funding partnership with Scottish Building Society as it looks to expand its long-term mortgage funding platform and support further growth in lending. Scottish Building Society will invest in both April Mortgages" existing residential mortgage…...
Frozen inheritance tax thresholds now "270, 000 below inflation-adjusted levels
1+ day, 1+ hour ago (370+ words) Inheritance tax thresholds would be significantly higher if they had increased in line with inflation, according to analysis from Chesnara Life (UK) Ltd. The onshore investment bond provider said the current "325, 000 nil rate band would have risen to "537, 000 by the…...