News
Advise Wise adds Cost of Borrowing Calculator for later life advisers
The new calculator allows advisers to compare up to four borrowing scenarios side by side.
Affordability checkers
News
Family Building Society updates affordability calculator to boost borrowing capacity
The updated calculator has been designed to support a wider range of borrowers, including those seeking to move up the housing ladder and older applicants who may face restrictions with high street lenders.
News
West One launches online affordability calculator
The calculator helps brokers determine maximum borrowing capacity, aiding those comparing options for purchases and remortgages.
Lead Story
Santander updates affordability calculations following base rate cut
The lender has adjusted its affordability calculations to reflect a 0.25% decrease in residential affordability rates.
Featured
Advise Wise introduces affordability tags to enhance Consumer Duty compliance
Advise Wise hopes to provide advisers with a clear visual indicator in the product search results to quickly identify them.
Building Societies
Loughborough Building Society launches intermediary-focused affordability calculators
The society has teamed up with Provident IT to develop web-based tools offering affordability calculations across the society’s range of residential and buy-to-let mortgages.
Featured
Tandem Bank launches affordability calculator
Brokers can now check the maximum loan available in a few steps, leading to faster lending processes and decisions.
Lead Story
Lenders “willing to fight for business beyond rates” as Santander updates affordability calculator
Following Santander's decision to update its affordability calculator, brokers have been discussing what this means for the market.
News
Mortgage Broker Tools processes millionth case
The one millionth case was run by Joe Lund from The Connells Group.
News
Exclusive: Brokers warn of new build ‘affordability checkers’
Speaking to Newspage today, brokers slammed the checks as a new ruse by developers to get aspiring buyers to use their preferred broker, through whom they can make a commission.