L&G Faces Scrutiny Over Reported Two-Year Licensing Delay in Lewisham
UK Property News

L&G Faces Scrutiny Over Reported Two-Year Licensing Delay in Lewisham

Lewisham Council says L&G submitted a licensing application 744 days after the scheme began, with over 300 applications reportedly still pending. No tribunal or penalty has been issued.

27 August 2026 · 2 min read
Tom Cheesewright Announced as Special Guest Speaker for MIT Live 2026
Market Updates

Tom Cheesewright Announced as Special Guest Speaker for MIT Live 2026

Tom Cheesewright will deliver a special guest address at Mortgage Innovation & Technology Live 2026, focusing on AI and the evolving mortgage market.

27 August 2026 · 1 min read
Guardian Cuts Underwriting Times and Boosts Instant Decisions
Market Updates

Guardian Cuts Underwriting Times and Boosts Instant Decisions

Guardian has reduced average underwriting times and increased instant decision rates across its protection range, following updates to its underwriting process.

27 August 2026 · 2 min read
Buckinghamshire BS Launches New Residential Affordability Calculator
Market Updates

Buckinghamshire BS Launches New Residential Affordability Calculator

Buckinghamshire Building Society has introduced a residential affordability calculator for mortgage brokers, designed to provide a more accurate indication of lending potential.

27 August 2026 · 1 min read
Bridging Sector Urged to Address Automated Intelligence Adoption
Market Updates

Bridging Sector Urged to Address Automated Intelligence Adoption

A Mortgage Solutions report highlights calls for the bridging sector to address automated intelligence, focusing on its role in compliance and lending oversight.

27 August 2026 · 2 min read
Average UK Rents Rise 4.3% Year-on-Year, Reports Lomond
Market Updates

Average UK Rents Rise 4.3% Year-on-Year, Reports Lomond

Lomond's latest index shows average UK rents have increased by 4.3% to £1,369 per month, with tenants now spending 32.7% of their annual income on rent.

27 August 2026 · 1 min read
Watts Commercial Finance Sponsors Hard Hats to Heels Network
Market Updates

Watts Commercial Finance Sponsors Hard Hats to Heels Network

Watts Commercial Finance is sponsoring the Hard Hats to Heels network, supporting women in property and construction through events and retreats across the UK.

27 August 2026 · 1 min read
The Right Mortgage Appoints Drew Wilson as Specialist Lending Development Manager
Market Updates

The Right Mortgage Appoints Drew Wilson as Specialist Lending Development Manager

The Right Mortgage and Protection Network has named Drew Wilson as its specialist lending development manager. Wilson will work with member firms and advisers across the specialist lending market.

27 August 2026 · 1 min read
Second Charge Mortgage Volumes Up 9% in June, Reports FLA
Market Updates

Second Charge Mortgage Volumes Up 9% in June, Reports FLA

The Finance & Leasing Association reports a 9% year-on-year rise in second charge mortgage agreements in June, with the value of new business also increasing.

27 August 2026 · 1 min read
Right Mortgage Network Appoints Specialist Lending Development Manager
Market Updates

Right Mortgage Network Appoints Specialist Lending Development Manager

The Right Mortgage & Protection Network has appointed Drew Wilson as specialist lending development manager to support cases outside mainstream lending criteria.

27 August 2026 · 1 min read
North of England Offers Best Value for First-Time Buyers, Analysis Finds
Market Updates

North of England Offers Best Value for First-Time Buyers, Analysis Finds

Pepper Money analysis finds buying is cheaper than renting in many northern areas, with Middlesbrough and Burnley offering the greatest savings for first-time buyers.

27 August 2026 · 2 min read
Lendco Surpasses £1bn in Funding for 2026, Expands Buy-to-Let Portfolio
Market Updates

Lendco Surpasses £1bn in Funding for 2026, Expands Buy-to-Let Portfolio

Lendco has exceeded £1bn in funding activity for 2026, following significant financing deals and a major buy-to-let securitisation. The lender has secured new funding lines with Lloyds and NatWest.

27 August 2026 · 1 min read