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News
Property firms in critical financial distress rise 6.8% in Q2 – BTG
4+ day, 59+ min ago (394+ words) The number of real estate and property services firms in critical financial distress rose by 6.8% year-on-year (YoY) to 7,641 in Q2 2026, according to BTG’s Red Flag Alert research. A further 88,855 firms were in significant financial distress, up by 9% from the same period…...
Shawbrook Financial Sponsors lending exceeds £250m in H1 - The Intermediary - Latest UK mortgage news
4+ day, 5+ hour ago (180+ words) The performance took the bank's Financial Sponsors lending book above £1bn. Shawbrook’s Financial Sponsors team has deployed over £250m of incremental lending this year, marking its strongest first-half lending performance to date. The performance took the bank’s Financial Sponsors lending book above…...
Legal & General Surveying Services rebrands as Westmarq
4+ day, 6+ hour ago (175+ words) Legal & General (L&G) Surveying Services has rebranded as Westmarq. The national surveying business will provide lenders with property valuations and data to support lending decisions. Westmarq has retained its existing surveying teams and lender relationships while developing its technology and…...
Somo joins Knowledge Bank to give brokers real-time bridging finance criteria access
4+ day, 14+ hour ago (232+ words) Somo has joined Knowledge Bank to give brokers real-time access to its bridging and short-term finance criteria. Brokers using the platform can now search Somo’s criteria alongside lenders across the residential, buy-to-let (BTL), bridging and commercial finance markets. Intermediaries can…...
Swansea Building Society renews Ospreys and Swansea RFC sponsorships
6+ day, 1+ hour ago (448+ words) Swansea Building Society has renewed its back-of-shirt sponsorship of the Ospreys and Swansea RFC for the 2026/27 season. The partnerships will see the society’s branding feature on both clubs’ shirts as they prepare to play at the redeveloped St Helen’s. The…...
Mortgage Intelligence adds Swansea Building Society to lender panel
6+ day, 2+ hour ago (151+ words) Mortgage Intelligence has added Swansea Building Society to its lender panel. The partnership gives advisers at the mortgage broker network access to the building society’s mortgage range. Graham Wood (pictured), head of products and partnerships at Mortgage Intelligence, said: “We’re…...
Marsden Building Society enhances expat mortgage criteria
6+ day, 3+ hour ago (213+ words) Marsden Building Society has enhanced its expat mortgage criteria for intermediaries. The society removed the minimum income requirement for expat buy-to-let (BTL) applications and reduced the documents required from employed and self-employed applicants. Self-employed applicants will need one year of…...
OMS integrates with Scroll Finance for second charge buy-to-let cases
6+ day, 6+ hour ago (181+ words) One Mortgage System has integrated with Scroll Finance to allow brokers to move from sourcing and fact-find through to DIP within a single workflow for second charge buy-to-let cases. One Mortgage System has announced a new API integration with Scroll…...
LIBF and LFBF open chartered pathway for mortgage advisers
6+ day, 7+ hour ago (315+ words) The London Foundation for Banking and Finance (LFBF) and LIBF have opened a pathway for experienced mortgage advisers to become chartered members. Qualified mortgage advisers on the Financial Conduct Authority (FCA) register will be able to apply for the designation....
LV= launches interest reward lifetime mortgage - The Intermediary - Latest UK mortgage news
1+ week, 3+ hour ago (348+ words) Its Lifetime Mortgage Lump Sum Lifestyle Interest Reward product is available to homeowners aged 55 and over as a lump sum lifetime mortgage. LV= has launched Lifetime Mortgage Lump Sum Lifestyle Interest Reward as part of its Lifestyle equity release range....