‘And so it begins’ – Mortgage lenders kick rates back up amid Middle East crisis March 5, 2026 A number of mortgage lenders are kicking the their rates back up, with more expected to follow, as market conditions remain volatile due to the unfolding crisis in the Middle East. HSBC UK has said it will increase some of its mortgage rates for first-time buyers, movers and re-mortgagers and the UK’s largest building society, [...]
Vanquis boss defends scrapping dividend as bank swings to profit February 26, 2026 The boss of Vanquis Bank has said he makes no apologies for a “conservative” approach to capital distribution as he launched a staunch defence of the group’s decision to axe its dividend for the second consecutive year. Ian McLaughlin, who took the helm at Vanquis in August 2023, said the bank’s “number one priority” was [...]
The FCA rule change everyone missed that could upend the mortgage market February 19, 2026 The FCA has set out a new, more pragmatic approach to affordability assessments that could open up the market, increasing competition and benefiting consumers and lenders alike, says Fernando Zandona Mortgages, and who provides them, have hardly changed in decades. The mortgage market remains one of the few sectors of UK financial services that seems [...]