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  • Mortgage & Protection Network Sees Year-on-Year Growth

    Mortgage & Protection Network Sees Year-on-Year Growth

    The Right Mortgage & Protection Network has reported significant growth in its core business areas for the second quarter of 2026. This growth reflects a robust demand for mortgage lending and protection services, despite the fluctuations in the market.

    TL;DR: Mortgage lending rose by 23% year-on-year, with completions up 21%; this growth indicates strong client demand and adviser expansion, benefiting brokers and borrowers.

    What are the key growth figures for Mortgage & Protection?

    The Right Mortgage & Protection Network has demonstrated impressive growth across several metrics. Mortgage lending surged by 23% compared to the previous year, while mortgage completions increased by 21%. This uptick is attributed to a rise in adviser numbers, which grew from 869 in Q2 2025 to 884 by the end of Q2 2026. Additionally, the network reported a 12% increase in protection income and a 7% rise in equity release completions, along with a 4% increase in private medical insurance (PMI) income. These figures underscore the network’s ability to adapt and thrive in a fluctuating market.

    How does this impact borrowers and landlords?

    For borrowers, the increase in mortgage lending and completions signals a more accessible borrowing environment, potentially leading to more competitive rates and options. This is particularly beneficial for first-time buyers and those looking to remortgage. Landlords may also find opportunities in the equity release market, which has seen growth, allowing them to use their property investments more effectively. The overall expansion in adviser numbers means that borrowers and landlords can expect enhanced support and guidance in navigating their mortgage and protection needs.

    What does this mean for mortgage advisers?

    The growth reported by The Right Mortgage & Protection Network highlights a positive trend for mortgage advisers. As the number of advisers increases, so does the potential for collaboration and knowledge sharing within the industry. The network’s commitment to training and support through initiatives like The Right Academy ensures that advisers are well-equipped to provide comprehensive advice. This is important in a market that is continually evolving, as advisers need to stay informed about the latest trends and regulations to serve their clients effectively.

    What should investors watch next in Mortgage & Protection?

    Investors should keep an eye on the continuing trends in mortgage lending and protection services. The growth in equity release and protection income indicates a shift in consumer priorities, which could lead to new investment opportunities in related sectors. Additionally, as the network expands its membership and adviser support, it may influence market dynamics, creating a more competitive market. Monitoring these developments will be essential for investors looking to capitalize on emerging trends in the mortgage and protection markets.

    Frequently asked questions

    What is The Right Mortgage & Protection Network?

    The Right Mortgage & Protection Network is a financial services network that supports mortgage advisers with resources, training, and business development. It focuses on enhancing adviser capabilities in mortgage lending, protection, and equity release.

    How can I benefit from working with a mortgage adviser?

    Working with a mortgage adviser can provide you with tailored advice, access to a wider range of mortgage products, and support throughout the application process. Advisers can help you navigate complex options and find the best solutions for your financial situation.

  • Slight Rise in Non-Advised Mortgage Sales in the Mortgage Market

    Slight Rise in Non-Advised Mortgage Sales in the Mortgage Market

    The Financial Conduct Authority (FCA) has reported a slight increase in non-advised mortgage sales, indicating a shift in the UK mortgage market. This change is noteworthy as it reflects evolving consumer preferences and market dynamics, impacting borrowers, brokers, and lenders alike.

    TL;DR: Non-advised mortgage sales rose slightly, now accounting for more than 2.6% of the market; this trend may influence how borrowers seek mortgage advice.

    What does the FCA data reveal about mortgage sales?

    The FCA’s Product Sales Data for 2025 shows that of the 1.08 million new mortgage transactions, 83% were facilitated through intermediaries, consistent with the previous year’s 84%. The overall mortgage sales remained stable, despite a dip in Q2, likely influenced by changes in the stamp duty threshold. In Q1, 283,676 new mortgages were completed, dropping to 221,208 in Q2 before rebounding to 289,499 in Q3 and 286,345 in Q4.

    How did remortgage activity perform in 2025?

    Remortgage activity surged in Q3, with 93,755 completions, compared to 73,841 in Q1 and 73,115 in Q2. By the end of the year, remortgage completions settled at 83,303 in Q4. Overall, remortgage numbers increased by 12%, from 289,059 in 2024 to 324,034 in 2025, indicating a robust demand for refinancing options.

    What impact did the market have on first-time buyers?

    First-time buyer mortgage sales saw a significant rise of 16% in 2025, reaching 380,715. However, activity was notably lower in Q2, with only 77,116 sales, contrasting with approximately 100,000 sales in other quarters. This trend suggests that first-time buyers may be reacting to market conditions and financing options differently throughout the year.

    What this means for borrowers and brokers

    The increase in non-advised mortgage sales may indicate that more borrowers are opting to navigate the mortgage process independently. This shift could lead to a greater need for brokers to demonstrate their value, particularly in providing tailored advice and navigating complex mortgage products. Additionally, with the rise in remortgage activity, borrowers looking to refinance should explore their options carefully, especially in light of changing market conditions. For competitive options, borrowers can check current mortgage rates.

    Frequently asked questions

    What are non-advised mortgage sales?

    Non-advised mortgage sales occur when borrowers choose a mortgage product without professional advice, often relying on online tools or direct lender offerings.

    How can I benefit from the rise in remortgage activity?

    With remortgage completions increasing, borrowers may find competitive rates and options, making it an opportune time to reassess their current mortgage terms.

  • Broker’s Unique Approach to Buy-to-Let Mortgages Explained

    Broker’s Unique Approach to Buy-to-Let Mortgages Explained

    Michelle Lawson, director and mortgage adviser at Lawson Financial, has made the decision to keep her business small, focusing on providing personalised service rather than pursuing growth. This approach allows her and her husband, Dan, to concentrate on the specific needs of their clients, particularly in the complex realm of buy-to-let mortgages.

    TL;DR: Michelle Lawson of Lawson Financial opts to maintain a small firm with her husband, prioritising client understanding over business expansion; this approach aims to simplify the complexities of buy-to-let mortgages for borrowers.

    Why Does Lawson Financial Avoid Expansion?

    Lawson believes that keeping her firm small enables a more tailored approach to client service. By avoiding the pressures of expansion, she can focus on what her clients truly need, especially in the increasingly complicated market of mortgages. This philosophy is particularly relevant for landlords and investors navigating buy-to-let mortgages, where clear communication and understanding are essential.

    How Does Lawson Simplify Mortgage Communication?

    To enhance client understanding, Lawson avoids industry jargon and acronyms that can confuse borrowers. Instead of using terms like “LTV” (loan to value), she opts for straightforward language that makes it easier for clients to grasp the details of their mortgage options. This approach is vital in the buy-to-let sector, where potential investors must clearly understand their financial commitments and responsibilities.

    What This Means for Buy-to-Let Investors

    For landlords and investors seeking buy-to-let mortgages, Lawson’s approach highlights the importance of clear communication and personalised service. As the mortgage market becomes more intricate, having a broker who prioritises client education can significantly impact decision-making. Investors should look for brokers who not only provide competitive buy-to-let mortgage rates but also take the time to explain the nuances of the products available.

    What Challenges Do Borrowers Face Currently?

    Lawson acknowledges that mortgages have become increasingly complicated, which can pose challenges for borrowers. With various products and terms available, it’s essential for landlords to have a broker who can demystify the process. Understanding the implications of different mortgage types, particularly in the buy-to-let sector, is important for making informed investment choices.

    Frequently Asked Questions

    What should I look for in a buy-to-let mortgage broker?

    When choosing a buy-to-let mortgage broker, look for someone who prioritises clear communication, offers personalised service, and has a solid understanding of the buy-to-let market. It’s also beneficial if they can explain complex terms in simple language.

    How can I ensure I understand my buy-to-let mortgage options?

    To fully understand your buy-to-let mortgage options, work with a broker who takes the time to explain each aspect of the mortgage process. Ask questions about any terms or conditions that are unclear, and ensure you feel confident in your decisions.

  • Why a Broker Chooses Not to Expand in Buy-to-Let Mortgages

    Why a Broker Chooses Not to Expand in Buy-to-Let Mortgages

    Michelle Lawson, director and mortgage adviser at Lawson Financial, has made a deliberate choice to keep her business small, focusing on personalised service rather than expansion. This decision is particularly relevant in the buy-to-let mortgage sector, where many brokers are scaling up to meet increasing demand. Lawson believes that maintaining a smaller operation allows her to better address the specific needs of her clients.

    TL;DR: Michelle Lawson of Lawson Financial opts to keep her firm small, prioritising client understanding over growth; this approach may influence how landlords and borrowers navigate the increasingly complex buy-to-let mortgage market.

    Why Is Lawson Financial Staying Small?

    Michelle Lawson and her husband Dan run Lawson Financial as a tight-knit team, eschewing the trend of expansion that many mortgage brokers pursue. Lawson argues that a smaller firm can provide a more tailored experience, allowing them to focus on what clients truly need. This approach is especially pertinent in the buy-to-let market, where products and processes have become more intricate.

    How Does This Approach Affect Clients?

    Lawson’s commitment to clarity in communication is a cornerstone of her business philosophy. She avoids industry jargon, opting instead to explain terms in a straightforward manner. For example, she prefers to use “loan to value” instead of the acronym “LTV” when discussing mortgage options with clients. This practice is aimed at making the complexities of buy-to-let mortgages more accessible to landlords and borrowers alike.

    What Challenges Are Present in the Buy-to-Let Mortgages Market?

    As Lawson notes, the buy-to-let mortgage market has become increasingly complicated. Factors such as changing regulations, fluctuating interest rates, and evolving lender criteria can create hurdles for landlords. For those seeking to invest in rental properties, understanding these complexities is essential. Lawson’s focus on clear communication can help demystify these challenges, making it easier for clients to navigate their options.

    What This Means for Landlords and Borrowers

    For landlords and borrowers, Lawson’s approach highlights the importance of working with a broker who prioritises client education and understanding. In a market where buy-to-let mortgages can be daunting, having a knowledgeable adviser who can simplify processes and offer tailored advice is invaluable. This focus on personal service may become a distinguishing factor for clients as they seek to make informed decisions about their investments.

    Frequently asked questions

    What should I consider when choosing a buy-to-let mortgage broker?

    When selecting a buy-to-let mortgage broker, consider their approach to communication, experience in the market, and ability to simplify complex terms. A broker like Michelle Lawson, who prioritises clear explanations, can help you navigate the intricacies of buy-to-let mortgages effectively.

    How can I improve my understanding of buy-to-let mortgages?

    Improving your understanding of buy-to-let mortgages involves researching the key terms, regulations, and market trends. Working with a knowledgeable broker can also provide tailored insights and guidance, making the process more manageable. You can also explore resources like the buy-to-let mortgage rates and the BTL affordability calculator for additional support.

  • TMG Expands Specialist Bridging Finance Options

    TMG Expands Specialist Bridging Finance Options

    TMG Mortgage Network has announced the addition of Roma Finance to its specialist lender panel, enhancing options for property investors and developers seeking bridging finance. This partnership is significant as it allows TMG to offer more flexible lending solutions tailored to those whose needs may not align with traditional lending criteria.

    TL;DR: TMG Mortgage Network has welcomed Roma Finance to its lender panel; this partnership enhances bridging finance options for property investors and developers.

    What is Roma Finance?

    Roma Finance is a specialist lender that focuses on supporting property investors and developers throughout the property lifecycle. They employ flexible underwriting practices and have dedicated teams that assess cases, making them a valuable resource for those who may struggle with conventional lending routes.

    Why is this partnership important?

    The collaboration between TMG Mortgage Network and Roma Finance is noteworthy for several reasons. Firstly, it broadens the array of financing options available to property investors, particularly those involved in complex projects or those requiring quick access to funds. As the property market evolves, having access to diverse lending solutions is essential for success.

    What this means for property investors and developers

    For landlords, borrowers, and brokers, this partnership signifies an opportunity to access bridging finance that is more aligned with their specific needs. The flexibility offered by Roma Finance can be particularly beneficial for those dealing with unique property situations or urgent funding requirements. As TMG continues to strengthen its lender panel, stakeholders can expect enhanced support and resources to navigate the complexities of property investment.

    How does this impact the bridging finance market?

    The inclusion of Roma Finance into TMG’s lender panel is a positive development for the bridging finance sector. It highlights a growing recognition of the need for tailored financial solutions in an increasingly competitive property market. Investors and developers should keep an eye on how this partnership evolves and the potential new offerings that may arise as a result.

    Frequently asked questions

    What types of properties can benefit from Roma Finance?

    Roma Finance supports a wide range of properties, including residential, commercial, and mixed-use developments, making it adaptable to various investment strategies.

    How can I access bridging finance through TMG Mortgage Network?

    To access bridging finance via TMG Mortgage Network, brokers can connect with the network to explore available options and find the right lending solutions for their clients.

  • Mortgage Myths Impacting First-Time Buyers in the UK Mortgage Market

    Mortgage Myths Impacting First-Time Buyers in the UK Mortgage Market

    Recent findings from Lloyds highlight significant misconceptions among first-time buyers in the UK mortgage market. These myths are contributing to anxiety and delaying homeownership for many aspiring buyers.

    TL;DR: 58% of first-time buyers mistakenly believe that existing debt will prevent mortgage approval; these misconceptions hinder many from pursuing homeownership.

    What are the common myths about mortgages?

    A survey of over 1,000 potential first-time buyers revealed that many hold incorrect beliefs about the mortgage process. Notably, 58% think that having existing debt will automatically disqualify them from obtaining a mortgage. Additionally, 37% believe that a 20% deposit is mandatory, which can deter those with smaller savings from applying.

    Other widespread misconceptions include the belief that using an overdraft (40%), receiving benefits (38%), recently changing jobs (31%), lacking a perfect credit score (30%), or being self-employed (24%) will definitively hinder their chances of securing a mortgage.

    Why do these myths matter?

    These misconceptions can significantly impact the decision-making process for first-time buyers. Many potential homeowners are delaying important life milestones, such as marriage and starting families, due to fears of mortgage rejection. In fact, over half (53%) of those surveyed have postponed such milestones to focus on homeownership, while 27% feel that learning a new language is more achievable than buying a home.

    According to Amanda Bryden, head of mortgages at Lloyds, the overwhelming nature of the home-buying process, combined with the pressure of saving for a deposit, can lead to these misconceptions taking root.

    What this means for first-time buyers in the mortgage market

    For first-time buyers, understanding the realities of the mortgage market is important. The belief that one must be debt-free or have a perfect credit score can discourage many from even exploring their options. In reality, lenders often consider a broader range of factors when assessing mortgage applications.

    Addressing these myths is vital for empowering potential buyers. First-time buyers should seek guidance from mortgage brokers who can clarify the requirements and help navigate the complexities of securing a mortgage. This can lead to a more informed approach and potentially increase the chances of homeownership.

    Frequently asked questions

    What should first-time buyers know about mortgage approvals?

    First-time buyers should understand that having existing debt does not automatically disqualify them from obtaining a mortgage. Lenders assess various factors, including income and credit history.

    How can first-time buyers overcome these misconceptions?

    First-time buyers can benefit from consulting mortgage professionals who can provide accurate information about the mortgage process and help them understand what lenders look for.

  • TMG Expands Lender Panel with Bluecroft Finance for Bridging Finance

    TMG Expands Lender Panel with Bluecroft Finance for Bridging Finance

    TMG Mortgage Network has added Bluecroft Finance to its lender panel, enhancing options for brokers and their clients seeking bridging finance. This addition is significant as it allows advisers access to a principal bridging lender that offers a range of financial solutions across the UK, including residential, commercial, and semi-commercial properties.

    TL;DR: TMG Mortgage Network now includes Bluecroft Finance, providing brokers access to bridging loans from £75,000 to £3 million; this expansion enables faster completions for eligible cases, benefiting borrowers and landlords.

    What is Bluecroft Finance?

    Bluecroft Finance is a Greater Manchester-based principal bridging lender that specializes in providing financial solutions for residential, commercial, and semi-commercial properties across England, Wales, and Scotland. Their offerings include bridging loans ranging from £75,000 to £3 million, underpinned by a common-sense underwriting approach and direct access to decision-makers.

    How Does the Bluecroft Fast-Track Work?

    One of the key features of Bluecroft Finance is its Fast-Track service, which enables eligible residential bridging cases valued below £350,000 to complete in under seven days. This rapid turnaround can be particularly beneficial for borrowers needing quick access to funds, such as landlords looking to seize investment opportunities or homeowners in urgent need of financing.

    What Does This Mean for Bridging Finance?

    The inclusion of Bluecroft Finance in TMG’s lender panel is a strategic move that broadens the range of financial solutions available to brokers. With the ability to offer fast completions and innovative services like the ‘2 Become 1’ dual representation, brokers can streamline the legal process and reduce complexities for their clients. This is especially advantageous for those navigating the often intricate world of bridging finance.

    Frequently asked questions

    What types of properties can Bluecroft Finance cover?

    Bluecroft Finance provides bridging loans for residential, commercial, and semi-commercial properties across England, Wales, and Scotland.

    How quickly can I expect to complete a bridging loan with Bluecroft?

    Eligible residential bridging cases valued below £350,000 can complete in under seven days through Bluecroft’s Fast-Track service.

  • BetterHome Group Strengthens Position in Mortgage Market

    BetterHome Group Strengthens Position in Mortgage Market

    BetterHome Group has announced its agreement to acquire Mortgage Support Services (MSS), a strategic move that underscores its commitment to the UK mortgage intermediary market. This acquisition follows BetterHome’s earlier investment in HLPartnership in 2024, signalling a broader strategy to enhance its presence in the mortgage sector.

    TL;DR: BetterHome Group’s acquisition of Mortgage Support Services aims to strengthen its position in the UK mortgage market; this impacts brokers and borrowers by potentially improving service offerings and collaboration opportunities.

    What is Mortgage Support Services?

    Mortgage Support Services is the parent company of Stonebridge Mortgage Solutions and operates various mortgage, protection, and technology businesses. The firm has a strong track record in the UK mortgage market and has expanded its reach through strategic partnerships, including the acquisition of Stonebridge in 2015.

    Why Did BetterHome Group Make This Acquisition?

    BetterHome Group’s acquisition of MSS is part of a long-term strategy to solidify its role in the UK mortgage market. By integrating MSS into its operations, BetterHome aims to use MSS’s established relationships with member firms and partners, enhancing service delivery and innovation in the mortgage sector.

    What This Means for Brokers and Borrowers

    Brokers and borrowers can expect potential improvements in service offerings and collaboration opportunities as BetterHome Group works closely with MSS. The integration may lead to enhanced technological solutions and streamlined processes, ultimately benefiting clients seeking mortgage solutions. The focus on maintaining strong relationships with member firms suggests that customer service will remain a priority during this transition.

    What Should Investors Watch Next in the Mortgage Market?

    Investors should monitor how this acquisition impacts the competitive dynamics of the UK mortgage market. As BetterHome Group integrates MSS, any new initiatives or product offerings could signal shifts in market trends. Additionally, the response from existing clients and partners of MSS will be important in determining the success of this acquisition.

    Frequently asked questions

    How will this acquisition affect the mortgage market?

    The acquisition may enhance service offerings and collaboration opportunities in the mortgage market, benefiting brokers and borrowers.

    What is the significance of BetterHome’s investment in MSS?

    This investment underscores BetterHome’s commitment to strengthening its position in the UK mortgage intermediary sector and improving customer service.

  • More2life Launches Zero-ERC Lifetime Mortgage in Mortgage Market

    More2life Launches Zero-ERC Lifetime Mortgage in Mortgage Market

    More2life has introduced a zero early repayment charge (ERC) lifetime mortgage aimed at borrowers aged 55 to 95. This new product allows for greater flexibility in the mortgage market for older homeowners, enabling them to access funds without the burden of penalties for early repayments.

    TL;DR: More2life’s new lifetime mortgage offers zero ERCs, targeting borrowers aged 55-95; this innovation enhances options for older homeowners seeking financial flexibility.

    What are the key features of the new mortgage?

    The zero-ERC lifetime mortgage from More2life is available to borrowers aged between 55 and 95 years. It offers loan-to-values (LTVs) ranging from 23% to 51% on both joint and single life applications. The interest rate is set at a monthly equivalent rate (MER) of 9.24%. Importantly, borrowers can make unlimited optional repayments at any time during the loan term, with a minimum monthly payment requirement of £50. There is also an arrangement fee of £1,495 for initial advances and £395 for any further borrowing.

    How does this impact the mortgage market?

    This product reflects a growing trend in the mortgage market towards catering to the needs of older borrowers. By eliminating early repayment charges, More2life is responding to feedback from advisers and consumers who seek more flexible borrowing options. This shift indicates a broader acceptance of lifetime mortgages as viable financial solutions for the over-55 demographic, moving them from being considered fringe options to mainstream alternatives.

    What does this mean for borrowers over 55?

    The introduction of the zero-ERC lifetime mortgage provides older homeowners with a valuable tool for managing their finances. With the ability to make repayments without incurring penalties, borrowers can better control their debt and potentially reduce the overall cost of borrowing. This product can be particularly beneficial for those looking to access equity in their homes without the fear of being penalized for paying off their mortgage early.

    Frequently asked questions

    What are the eligibility criteria for the zero-ERC lifetime mortgage?

    To qualify for the zero-ERC lifetime mortgage, borrowers must be aged between 55 and 95 years old and meet the specified loan-to-value (LTV) requirements.

    Can borrowers make repayments without penalties?

    Yes, borrowers can make unlimited optional repayments at any time during the loan term without incurring any penalties, with a minimum monthly payment of £50.

  • Tipton & Coseley Cuts BTL Rates in Competitive Mortgage Market

    Tipton & Coseley Cuts BTL Rates in Competitive Mortgage Market

    Tipton & Coseley Building Society has announced reductions of up to 0.30% on buy-to-let (BTL) mortgage rates for both expat and limited company borrowers. This move is significant as it reflects ongoing competition in the mortgage market, particularly for landlords looking to finance their investments.

    TL;DR: Tipton & Coseley has reduced expat and limited company BTL rates; this change benefits landlords seeking more competitive financing options.

    What are the new rates for expat BTL mortgages?

    Expat BTL mortgages from Tipton now start at a variable rate discounted from its BTL variable rate for an initial two-year period. This product is available with an 80% loan-to-value (LTV) ratio and incurs an arrangement fee. Additionally, the two-year fixed rate has been lowered, maintaining the same LTV and requiring a booking fee alongside an arrangement fee. A new five-year fixed rate option is also available for 70% LTV, with unchanged booking and arrangement fees.

    How have limited company BTL rates changed?

    For limited company BTL products, rates now begin at a two-year fixed mortgage at 70% LTV, with an arrangement fee set as a percentage of the total loan amount. The five-year fixed rate at 80% LTV has also seen a reduction, with the associated fees remaining unchanged.

    What this means for landlords in the mortgage market

    The reduced rates from Tipton & Coseley present an opportunity for landlords and investors to secure more affordable financing for their properties. With the competitive nature of the mortgage market, landlords should assess their current mortgage arrangements and consider refinancing options to take advantage of these lower rates. Monitoring ongoing changes will be essential for making informed decisions.

    Frequently asked questions

    What types of BTL products are available from Tipton & Coseley?

    Tipton & Coseley offers both expat and limited company BTL products, with various fixed and variable rate options available.

    How do the new rates compare to previous offerings?

    The recent reductions make these rates more competitive than before, particularly for limited company borrowers.