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New report calls for mandatory regulated mortgage advice for all FTBs


By Adam Cadle

Mandatory regulated mortgage advice for all first-time buyers (FTBs) should be introduced, a new discussion paper published by Paradigm Mortgage Services has outlined


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Frozen thresholds see 7 million dragged into income tax net

Frozen income tax thresholds introduced in 2021/22 have seen seven million people dragged into the income tax net, according to analysis published by AJ Bell

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LISA rules force FTBs to lower their property ambitions, study finds

The lifetime ISA (LISA) is increasingly constraining first-time buyers (FTBs), with almost 40% of LISA holders choosing cheaper or smaller homes, or relocating to less desirable areas, to avoid the scheme’s 25% withdrawal penalty, according to new research from Mojo Mortgages.

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Property transactions hold steady in April following stamp duty distortions

UK residential property transactions fell 3% in April, but are 53% higher than April 2025, according to the latest HM Revenue & Customs (HMRC) data, as the market adjusted following last year's stamp duty changes.

Financial firms urged to balance AI benefits against growing risks

Financial services firms must confront a series of "uncomfortable tensions" as generative AI becomes increasingly embedded in the sector, according to a new report from the London Foundation for Banking and Finance (LFBF) and the Institute and Faculty of Actuaries (IFoA).

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Annual house price growth slows in May - Nationwide

UK house price growth slowed sharply in May, with annual growth falling to 1.7% from 3.0% in April, according to Nationwide.
Salary sacrifice reforms could reduce pension saving for nearly 3 million workers - LCP

More than 2.8 million workers are expected to reduce their pension contributions following planned changes to salary sacrifice arrangements from April 2029, new figures by pension consultancy LCP have revealed

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Industry calls for end of ‘advice silos’ to unlock later life lending growth

Senior executives from across the mortgage, wealth management and later life lending sectors have called for advisers to break down longstanding ‘advice silos’, arguing that greater consideration of property wealth and later life lending products could significantly improve customer outcomes.

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Frozen thresholds see 7 million dragged into income tax net

Frozen income tax thresholds introduced in 2021/22 have seen seven million people dragged into the income tax net, according to analysis published by AJ Bell

Income tax and NICs hit ‘eye-watering’ record high in April – HMRC

Income tax and National Insurance contributions (NICs) paid through wages reached a record high of £52.5bn in April, marking a £4.7bn year-on-year increase, HMRC has revealed

IHT receipts fall year-on-year in April

Inheritance tax (IHT) receipts have fallen by £65m year-on-year in April to £700m, HMRC has revealed. The first results of the new financial year follow a record-breaking year, when £8.5bn was collected in the 2025/26 financial year

Wes Streeting proposes ‘wealth tax’ as part of leadership campaign

Former Health Secretary, Wes Streeting, has pledged to align capital gains tax (CGT) with income tax as part of his campaign to become Labour leader

CFIT launches roadmap as part of the Open Property Coalition

The Centre for Finance, Innovation and Technology (CFIT) has launched its Roadmap for Open Property, following the completion of the first phase of Open Property Coalition. Backed by the mortgage industry and funded by the Department for Business and Trade, the coalition is aiming to transform the current "slow and fragmented" homebuying process, signalling the next phase of the UK’s Smart Data initiative

Gatehouse Bank partners with Finvise

Gatehouse Bank has launched a new partnership with AI-powered surveyor expertise platform, Finvise

TISA calls for vulnerable consumer safeguards under redress reform

The Investing and Saving Alliance (TISA) has urged the Financial Ombudsman Service (FOS) and Financial Conduct Authority (FCA) to ensure proposed reforms to the redress system include clear safeguards for vulnerable consumers

News in brief - 11 May 2026

Today's round up of developments coming out of the consumer finance space, featuring Together, Zephyr Homeloans and Hope Capital Property Finance

Savings product choice hits new record

The number of savings products available on the market has risen to 2,540 deals, according to data from Moneyfacts

Bridging lending remains consistent in Q1

Purchasing an investment asset remained the most popular use of bridging finance in Q1, accounting for 22% of all transactions, according to the latest Bridging Trends data. The latest figure was unchanged from Q4 2025, although the impact from the conflict in the Middle East won’t be fully clear until Q2

Quilter Financial Planning adds eight AR firms to adviser network

Quilter Financial Planning has added eight new appointed representative (AR) firms to its advice network

Santander completes £2.65bn TSB acquisition

Santander UK has completed the acquisition of TSB for an all-cash consideration of £2.65bn

Salary sacrifice reforms could reduce pension saving for nearly 3 million workers - LCP

More than 2.8 million workers are expected to reduce their pension contributions following planned changes to salary sacrifice arrangements from April 2029, new figures by pension consultancy LCP have revealed

Just 1% in pension returns could add £150k to retirement savings - study

Even a modest improvement in pension investment performance could dramatically increase retirement savings, with a 1% rise in annual returns potentially adding more than £150,000 to a worker’s pension pot over the course of their career, suggests new research from Smart Pension.

Abbey Life pension scheme secures £200m buy-in with Standard Life

The Abbey Life Assurance Company Limited Staff Pension Scheme has completed a £200m buy-in with Standard Life, which is also the scheme sponsor, securing the benefits of more than 1,500 members

Pensions Commission calls for system evolution amid widespread undersaving

The Pensions Commission has warned that the pension system needs to evolve to meet modern working lives, with 15 million people in the UK currently undersaving for retirement, according to its interim report. The report highlighted that the issue was particularly evident among low and middle earners, the self-employed, and women, and the number undersaving could reach 19 million people without action

Most Brits follow online financial advice without checking risks, study finds

The majority of Brits are acting on financial advice from social media, AI tools, and other unregulated sources without properly verifying the information or understanding the risks involved, a new study from Zable has found

UK inflation falls to 2.8%

The UK inflation rate has fallen to 2.8% in the year to April, the Office for National Statistics (ONS) has revealed

Over-60s residential property wealth three times more than DC pension market value

Total residential property wealth held by the over-60s is estimated at £2.92trn around three times more than the total market value of all DC pension assets in the UK at £950bn, analysis published by Key Equity Release has revealed

One in 10 parents are investing in children’s future – Alliance Witan

Just over one in 10 (11%) parents are currently investing on behalf of their children, Alliance Witan has found

Financial firms urged to balance AI benefits against growing risks

Financial services firms must confront a series of "uncomfortable tensions" as generative AI becomes increasingly embedded in the sector, according to a new report from the London Foundation for Banking and Finance (LFBF) and the Institute and Faculty of Actuaries (IFoA).

UK financial advisers lack trust in system outputs

Financial advisers in the UK lack faith in their system outputs, with just 7% saying they are very confident that their systems produce consistent outputs, research from Defaqto has revealed

Söderberg, Seccl, and Plannr launch new adviser tech integration

Söderberg & Partners Platform, Seccl, and Plannr Technologies have successfully launched a new integration which will deliver a fully unified, API-first ecosystem for financial advisers and their clients

Downing launches IHT calculator ahead of anticipated receipts surge

Downing has announced the launch of a new inheritance tax (IHT) calculator ahead of a forecasted surge in receipts over the next five years

News in brief - 1 June 2026

Today's round up of developments coming out of the consumer finance space, featuring TAB, Newcastle for Intermediaries, Foundation, GB Bank and Buckinghamshire Building Society

News in brief - 29 May 2026

Today's round up of developments coming out of the consumer finance space, featuring Phoebus Software, LMS and Mortimer Street Capital

News in brief - 28 May 2026

Today's round up of developments coming out of the consumer finance space, featuring Principality Building Society, Rosemount Financial Solutions (IFA), Recognise Bank and InterBay

Fleet Mortgages joins the OPDA

Fleet Mortgages has become the latest firm to join the Open Property Data Association (OPDA)

BLOG: Royal London Equity Release: How high-net-worth individuals could benefit from releasing equity with the exclusive Premier product offering

In February 2026, we were recognised at the MoneyAge Mortgage Awards, taking home the title of ‘Later Life Lender of the Year’, with judges highlighting our rapid distribution growth, extensive adviser engagement and meaningful product enhancements. As an equity release provider, our approach is rooted in a holistic view of retirement, aiming to provide good customer outcomes with backing from the UK’s largest mutual life, pensions and investment company* – but what can we offer you and your clients?

BLOG: Are added-value services the key to engaging clients in protection?

Scottish Widows Protection Director, Rose St Louis, discusses how reframing protection conversations can help to engage clients

BLOG: Award-winning lending, built brick by brick

Saffron for Intermediaries discusses its latest lending offering on the MoneyAge blog

BLOG: Doing Good is Good Business

MoneyAge Awards winner Bespoke Advice discusses the key fundamentals of good financial planning in our latest blog piece

Check out our latest advertorials

Funding home adaptations: The changing needs in later life planning

The Bank of Family

Delivering A Consumer-Focused Later Life Lending Sector for 2026 and Beyond

Later Life Lending: It’s more than just equity release or retirement interest only (RIO)

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Mortgage Advice Bureau and AI in the mortgage sector
Chief executive officer at Mortgage Advice Bureau, Peter Brodnicki, and founder and managing director at Heron Financial, Matt Coulson, joined content editor Dan McGrath to discuss how Mortgage Advice Bureau is using artificial intelligence to make advancements in the mortgage industry, the limitations of this technology and what 2026 will hold for the market

Perenna and the long-term fixed mortgage market
Content editor, Dan McGrath, spoke to head of product, proposition and distribution at Perenna, John Davison, to explore the long-term fixed mortgage market, the role that Perenna plays in this sector and the impact of the recent Autumn Budget

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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?

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.

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