Vida Homeloans has announced the appointment of Fraser McNeill as chief risk officer (CRO) and executive director with immediate effect. He will report directly to the specialist lender’s CEO, Anth Mooney, and will manage a team of 16 people. McNeill has more than 20 years’ experience in risk management within the financial services sector and joins from Coventry Building Society where he has been the CRO for almost seven years. He has also held roles at Saffron Building Society, The Co-operative Bank and National Australia Group.
LiveMore Capital has revamped its entire product range to offer a wider choice of options for borrowers aged between 50 and 90. Instead of a two-tier system dividing products into standard and complex, LiveMore has now introduced a structure with four levels of criteria. The new range has options which allow brokers to match their customers with the most appropriate product for their needs and includes clients with a more complex credit profile, as well as those looking to consolidate debts, remortgage or purchase a property of non-standard construction.
Pepper Money has exceeded £1bn worth of loans on its second charge mortgage book. The specialist lender suggested that breaking through the £1bn barrier marks a “key milestone”. Pepper Money has already successfully closed five securitisations under the Castell securitisation platform and originated more than £1.8bn second charge mortgages in total, with £800m worth of loans having already been redeemed.
Canada Life UK has appointed Paul Russell as its chief information officer (CIO) to strengthen its IT and change leadership team. Russell joins from start-up, Upside Saving, where he was founder and chief technology officer. He has more than 20 years of experience of building complex online customer experiences and has worked across several industries, including IT service management company Smart 421, as well as in financial services, for Legal and General and Aviva.
360 Dotnet has announced record figures for Q1 2022, having exceeded £10bn in total lending for the first time with a 20% increase from Q1 2021. The fintech software supplier confirmed that its first quarter lending increased by an additional £1.8bn over Q1 2021 and is higher than any other quarter previously. 360 Dotnet also recorded over 12,000 new users for its client portal in Q1 2022 which is a 10% increase on the end of 2021, having now reached over 150,000 in total.
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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