Latest news

Hanley Economic announces appointments

Hanley Economic Building Society has announced the appointments of Will Jones and Lynsey Carter. Jones joins as the head of technology and Carter as the head of operations. Prior to his new appointment, Jones was the network manager at Cole-Parmer Europe for almost 12 years. The lender highlights the importance of technology in its planned […]

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Oracle launches open banking platform for lenders

Oracle Financial Services has launched an open banking platform which offers 200 APIs. Enterprise Originations is aimed at UK banks and building societies and allows for a more simple and faster lending process for residential, buy-to-let and SME mortgages. The platform uses the design principles of open architecture to allow for a ‘frictionless’ process from […]

Scottish adds Andrew Hastings to board

Scottish Building Society has added ex-Barclays chief executive officer Andrew Hastings (pictured) to its board as a non-executive director. Hastings has 45 years’ experience in the financial industry. He started his career at Royal Bank of Scotland and has since worked at BNP Paribas Ireland before becoming chief executive of Barclays Bank Ireland. As a […]

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UTB announces bridging criteria changes

United Trust Bank has announced a series of criteria amendments to its bridging offerings. The lender has increased the use of automated valuations for loans up to £1m and that are below 55 per cent LTV. In addition, it has increased the availability of dual legal representation for regulated loans up to £1m. UTB has […]

Over £600m invested towards 50,000 new homes: MHCLG

Chancellor Sajid Javid has announced that over £600m will be invested to build 50,000 new homes, according to the Ministry of Housing, Communities & Local Government. The funding will be made available through the Housing Infrastructure Fund, which was launched by Sajid Javid when he was secretary of state. The builds are to be split […]