Average two-year fix rate nudges upward: Moneyfacts

The average two-year fixed rate has seen a minor increase following last week’s slight fall, although it still sits within 2.52 per cent. This is due to tightening competition, according to Moneyfacts. The firm adds that the market is repricing products to make them increasingly competitive rather than firms creating new ones in a bid to attract first-time […]


“Maximum borrowing” Knowledge Bank’s most searched term in December

Knowledge Bank has revealed ‘maximum borrowing’ as the most searched term by brokers, during December 2018. Last month saw broker activity remain high, despite December usually being a slow business month, the firm report. ‘Help to Buy’ has remained in the residential top five searches since it first appearance in November, and ‘capital raising debt […]

Globally focused mortgage broker launches

Former Coreco director Rob Gill has co-launched Altura Mortgage Finance, an international mortgage brokerage that he hopes will become the leading UK mortgage provider for UK expats and foreign nationals. When asked what the inspiration behind forming Altura was, Gill says that his experience within the mortgage industry and without led to his building his […]


Scottish Widows launches online mortgage portal

Scottish Widows Bank has announced the launch of SWB Click, the company’s online portal for mortgage brokers. This general release follows a successful pilot scheme, that took place over six months with approximately 200 advisers involved, and boasts of making the following features accessible online: registrations and re-registrations for new and existing brokers; illustrations, decisions in […]