Emma Lunn

Chris Fay appointed communications manager at Equity Release Council

The Equity Release Council has appointed Chris Fay to the role of communications manager to support the organisation’s continued growth. Fay is a former newspaper journalist and communications professional with more than 15 years’ experience. He previously worked for the Chartered Trading Standards Institute, with his role involving working closely with the Department of Business Energy and […]

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Foundation Home Loans completes third securitisation

Foundation Home Loans has completed its third securitisation under the Twin Bridges platform. Named Twin Bridges 2019-1, at £329m it is the largest securitisation of mortgages originated by the specialist intermediary-only lender to date. Foundation says the securitisation has taken place within a challenging wholesale funding market – year-to-date issuance is at less than 20 […]

Landlords turn their backs on Conservatives

Private landlords have lost faith in the Conservative party, according to the National Landlords Association. A poll by the NLA found only one in six (15.75 per cent) landlords now say they would support the Tories in an election. This poll was conducted shortly after the government announced its intention to abolish the no fault section 21 possession process and end fixed-term […]

Lenders “over cautious” about Japanese knotweed: MPs

Mortgage lenders’ approach to Japanese knotweed is “over cautious”, according to a report by the House of Commons Science and Technology Committee. A report by the committee concluded that more academic research is needed into the effects of the plant on the built environment. According to the report, the presence of Japanese knotweed can have […]

Metro fundraising call raises £375m

Metro Bank has raised £375m from shareholders in a bid to quash rumours about its financial health. The bank exceeded its original £350m target, due to strong demand. The challenger bank offered shares at 500p each on Thursday evening, a 36 per cent discount to the stock’s closing price on Thursday. Shares jumped 22 per […]

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Advice service to support institutions in contact with domestic abuse victims

Charity Surviving Economic Abuse and Money Advice Plus have partnered to launch a national advice service for banks and building societies. Funded by the Home Office, the service aims to build the capacity of banks and building societies to implement a new Financial Abuse Code of Practice which will improve their response to victim-survivors of […]