Vida Homeloans has extended its foreign national policy across its buy-to-let (BTL) range to strengthen its support for overseas borrowers. The move forms part of the lender’s commitment to widen access to homeownership and investment opportunities for underserved borrowers. Under the enhancements, mixed status applicants are now accepted by the lender, and it has expanded its acceptance of foreign nationals without indefinite leave to remain. Furthermore, it has reduced the minimum continuous UK residency period for BTL applicants from 24 months to 12 months in order to open the door to more recently settled borrowers.
Mortgage Magic has announced the full integration of electronic ID verification (e-ID) into its broker workflow. The upgrade allows advisers to complete remote know your customer checks via the Mortgage Magic client app, replacing manual document collection with bank-grade security. Features of the integration include facial matching, instant anti-money laundering screening and frictionless onboarding, with clients being able to complete their check via their smartphone. The integrated e-ID module is available to all Mortgage Magic subscribers.
The Right Loan has announced record business results for 2025 and sustained growth over the period. The advisory business, which is part of The Right Mortgage and Protection Network (TRM), provides second-charge and bridging loan advice trough a team of advisers who deal with clients, as well as acting as a referral partner to members within the TRM group. It also receives referrals from across the wider intermediary market, in addition to those from within the TRM group. During the calendar year, The Right Loan achieved the largest commission value into the advisory business on record, along with a 22% year-on-year increase in the value of payments made to introducers. Second-charge and bridging clients introduced into The Right Loan via advisers within TRM’s averaged total commissions payments of just over £3,800 per case. The largest case size had a value just shy of £700,000, producing a commission just over £13,800 for the introducing broker.
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
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.
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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