Lender is seeking to raise £150m through the share offering.
Mortgage Strategy in-depth
Vantage Finance director Lucy Hodge sits down with Mortgage Strategy to discuss a 10th birthday celebration, regulation and the bridging sector at large.
BDMs provided a lifeline for brokers as the Mortgage Market Review made its presence felt so what should their role be in the post-MMR world?
Skipton Building Society head of intermediary sales Paul Darwin, who has spent his entire career in the mutual sector, says the industry needs to work on lines of communication between lenders and brokers
As advisers we are often expected to be adviser, marriage guidance counsellor and often clairvoyant.
The old adage that “rules are for the guidance of wise men and the obedience of fools” has never been more appropriate.
FCA-regulated firms now have lawyers and compliance specialists crawling all over the consumer credit rules
Loan-linked insurance cover is never, as providers may claim, free as someone always bears the liability.
We have entered a world where important decisions are being made for us.
Not all commercial judgements are sensible or even well thought through and the end result can be detrimental to one or more parties
The rules which cover how lenders calculate affordability take a pragmatic approach to assessing borrowers’ spending. It is a shame that some lenders appear not to be following them
It is too early for dramatic interventions aimed primarily at impressing voters.
Buy to Let Watch
Not enough brokers are backing stricter rent-to-interest calculations as stress tests linked to lower rates are setting themselves up for a fall
We need to work hard to prove that the bridging market is not the dumping ground for clients who cannot get funding elsewhere