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Broker searches for equity release criteria provided a completely new sector top five in Knowledge Bank’s monthly criteria index for the first time since the tracker began almost five years ago. The top search in this sector was for lenders who would allow a ‘married couple application in a one/single name’
The most common broker searches for the equity release and second charge sectors revealed a lot of change in March, with new terms entering the top five slots.
The Mortgage Industry Mental Health Charter (MIMHC) has launched a series of monthly video interviews called 'Keeping the mental health conversation going'. MIMHC was launched by Jason Berry of Crystal Specialist Finance, Scott Howitt of Chartwell Mortgage Services and Andrew Montlake of Coreco. In the first video of
Knowledge Bank has launched software to help lenders and brokers comply with upcoming Consumer Duty regulations. The criteria platform says the tool “will help with the early identification of borrower vulnerability and will highlight underserved areas within lending policy and the wider market. “This will save
Broker searches saw a “significant overhaul” in February, as the market underwent a raft of product and rate changes amid the backdrop of the cost-of-living crisis, data from Knowledge Bank shows. The criteria search engine says in the residential category the enquiry for ‘maximum age at the end of the term’ held