News
NACFB Expo: FLA warns about dangers of loan stacking as business pressures mount
1+ hour, 43+ min ago (280+ words) Amarasekara urged delegates to consider whether an unsecured loan is "solving a problem or simply postponing it." Speaking at the NACFB Expo today (10th June 2026), Shanika Amarasekara, CEO at the Finance & Leasing Association (FLA) discussed the role of unsecured lending in…...
FOLK2 FOLK launches Inside Credit to give brokers clearer access to decision process
6+ day, 1+ hour ago (265+ words) The programme is centred around Fraser Clark who will provide practical insight through articles, guides, digital content and webinars." FOLK2 FOLK has launched Inside Credit, an initiative for brokers aimed at giving more visibility into how lending decisions are made and…...
The rise of the non-linear borrower
6+ day, 5+ hour ago (796+ words) Grant Hendry discusses why lenders need to adapt to complex borrower profiles, as non-traditional income and employment patterns become more common. For many years, the mortgage market was largely built around a fairly straightforward idea of what a borrower looked…...
The automation hallucination: How are lenders delegating credit decisions? - The Intermediary - Latest UK mortgage news
1+ week, 5+ day ago (237+ words) However, a close examination of how applications are actually processed reveals a clear distinction between the automation of workflow and the automation of judgement. The Fignum Mortgage Tech Pulse 2026 report demonstrates this reality in clear terms. Despite the proliferation of…...
Four more IFA firms join Absolute Financial Group
1+ mon, 3+ day ago (312+ words) Four IFA firms based in the North-West have joined IFA consolidator, Absolute Financial Group, as it builds on recent acquisitions in the West, South and East of England. The firms " Allied Financial Services, based in Wigan; RSJ Financial Planning, based…...
Increasing numbers of SMEs turn to credit to pay for insurance, research finds
1+ mon, 4+ day ago (447+ words) Premium Credit has reported a sharp rise in small to medium-sized enterprises (SMEs) using credit to fund insurance. Research from Premium Credit's Insurance Index showed that 90% of SMEs now use some form of credit to pay for at least one…...
Two-fifths of Scottish SMEs hit by bad debt over the past year - BFS
1+ mon, 2+ week ago (358+ words) Bad debt and delayed payments are placing growing pressure on Scottish small to medium-sized enterprises (SMEs), with nearly two in five businesses affected over the past year. Data from Bibby Financial Services (BFS) found that 39% of Scottish SMEs " equivalent to…...
Debt consolidation and borrower behaviour driving second charge growth, says Loans Warehouse
1+ mon, 2+ week ago (253+ words) Loans Warehouse has said growth in the second charge mortgage market is shifting away from demand driven by interest rate pressures towards more structural factors. The broker said earlier growth had been fuelled by borrowers trapped on long-term fixed rates…...
Volatility and competition remain primary concerns for specialist lenders, Interpath finds
2+ mon, 1+ day ago (594+ words) Market volatility and intensifying competition are now the primary concerns for specialist lenders, research from Interpath, conducted in collaboration with J. P. Morgan, revealed. The 2026 Interpath Specialist Lender Survey, which gathered insights from more than 75 lenders with a combined loan book of…...
SME finance gaps persist as 81% miss opportunities, Lovey report finds
2+ mon, 3+ week ago (302+ words) UK SMEs are continuing to face challenges accessing finance, with 81% reporting missed business opportunities in 2025 due to a lack of funding, according to Lovey's first SME Finance Outlook report. The research, based on a survey of 504 SME owners conducted with…...