Wealth management firm James Sharp has implemented the MorganAsh Resilience System (MARS) in line with the new Consumer Duty requirements, to assess, measure and report on their customers’ vulnerability. The firm, which is one of Manchester’s oldest financial services firms, has implemented MARS in order to enhance its existing customer-relationship approach. To do this, it has decided to use MARS to upgrade the way in which it assesses and records vulnerability, so that it can deliver the richest possible data, as well as assure with compliance. MARS uses input from consumers to generate an objective measure of vulnerability that cam be tracked over time, removing the complexity of assessing consumer vulnerability.
Hampshire Trust Bank (HTB) has appointed Zouhair Mihramane as its new business development manager (BDM) in its specialist mortgages division. Mihramane started the role on 1/8/2023, having joined from One Savings Bank, where he was a BDM covering Precise and Kent Reliance in the London and south region. Prior to that, he worked at Lloyds Banking Group for a decade, most recently as a BDM for Scottish Widows and Halifax Intermediaries. As part of his new role, he will be responsible for managing broker partners across the south east and will report to HTB’s sale director, Andrea Glasgow.
Accord Mortgages will reduce interest rates on selected 85% LTV mortgages by up to 0.8% from tomorrow (16 August) and will also launch new five-year fixed rate products for house purchases at 90% and 95% LTV with £2,000 cashback. At the same time, the intermediary-only lender will take up to 0.1% off its five-year deposit unlock mortgages. The new range includes a fee-free five-year fixed rate of 6.23%, with £2,000 cashback and a free standard valuation, which is available to home moves and first-time buyers with an LTV between 85-90%. Two-year and three-year fixed rates are also on offer at 6.92% and 6.79% respectively, falling from 7.72% and 7.16%. Both are available for house purchases up to 95% LTV, with a £995 fee, £250 cashback and a free standard valuation.
Latest News
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House price growth slows to 3% – ONS
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Inflation remains unchanged at 3.8% in September
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£8.8bn worth of BTL loans advanced in Q2
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Quilter reports third successive quarter of £2bn+ inflows
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IHT receipts total £4.39bn in six months to September
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Younger advisers more likely to work with new clients, study finds
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
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