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Coventry to offer £500 cashback on fixed rate products

Coventry to offer £500 cashback on fixed rate products

From Friday 9 June, Coventry for intermediaries will be offering a £500 cashback incentive on all fixed rate Residential and Offset products for first time buyers and home movers.

07 Jun 2017

Housing supply rises 7% ahead of General Election

Housing supply rises 7% ahead of General Election

Property supply across the UK was up 7% in May, after dropping 4% in April, as sellers looked to market their properties and secure an offer before the General Election result in early June, according to new data from HouseSimple.

07 Jun 2017

BEP Systems launches underwriting system for lenders

BEP Systems launches underwriting system for lenders

Web and mobile banking firm, BEP Systems, has designed a new underwriting system for lenders - Agile Underwriting.

07 Jun 2017

Newcastle cuts minimum BTL income requirement to £30,000

Newcastle cuts minimum BTL income requirement to £30,000

Newcastle Intermediaries has reduced the minimum income requirement for joint buy-to-let properties from £40,000 to £30,000.

06 Jun 2017

Tesco launches record low five-year fixed rate remortgage

Tesco launches record low five-year fixed rate remortgage

Tesco Bank has introduced a five-year fixed rate remortgage product which it says is currently the lowest on the market.

06 Jun 2017

LV= adds free 'Doctor Services' to protection products

LV= adds free 'Doctor Services' to protection products

LV= is adding LV= Doctor Services to all personal protection products for new customers, at no added cost.

06 Jun 2017

Skipton to launch first cash Lifetime ISA on Thursday

Skipton to launch first cash Lifetime ISA on Thursday

Skipton Building Society has confirmed that it will be the first lender to launch a cash Lifetime ISA from Thursday 8th June.

06 Jun 2017

Saffron raises maximum self-employed LTV to 90%

Saffron raises maximum self-employed LTV to 90%

Saffron For Intermediaries has enhanced its self-employed, first-time buyer and owner-occupied mortgages by raising LTVs and cutting rates.

06 Jun 2017

Chelsea BS launches £495 fee range from 1.64%

Chelsea BS launches £495 fee range from 1.64%

Chelsea Building Society has launched a range of fixed rate mortgages with £495 fees, available to both home buyers and remortgagors with two and five year options available across 65%, 75% and 85% LTV bands.

06 Jun 2017

New Street cuts five-year fixes by up to 0.65%

New Street cuts five-year fixes by up to 0.65%

New Street Mortgages has announced rate cuts across its buy-to-let range, with five-year fixed rates now starting from 2.74%.

06 Jun 2017

 

Labour pledges 100,000 homes and stamp duty delay for FTBs

Labour pledges 100,000 homes and stamp duty delay for FTBs

Labour have pledged to offer 'A New Deal' for first-time buyers, including 100,000 new discounted FirstBuy Homes, a two year stamp duty holiday for first-time buyers, and an extension and re-focusing of Help to Buy so that it is only for first-time buyers.

06 Jun 2017

LendInvest launches new three-year bridge

LendInvest launches new three-year bridge

LendInvest has launched a new three-year bridge product with 110% ICR as a funding alternative to a conventional buy-to-let loan.

06 Jun 2017

Demand for specialist mortgages continues to rise

Demand for specialist mortgages continues to rise

Demand for specialist mortgages increased in Q1 2017, according to Paragon Mortgages research.

06 Jun 2017

LMS extends partnership with Dudley Building Society

LMS extends partnership with Dudley Building Society

After originally joining forces in 2014, LMS has today extended its partnership with Dudley Building Society.

05 Jun 2017

Crystal Specialist Finance partners with The Mortgage Lender

Crystal Specialist Finance partners with The Mortgage Lender

The Mortgage Lender has added Crystal Specialist Finance to its network of distribution partners.

05 Jun 2017

Consumer indebtedness could spark stricter mortgage affordability: AMI

Consumer indebtedness could spark stricter mortgage affordability: AMI

The AMI believes that although the economy is likely to suffer over the next two or three years as Brexit negotiations take place, it will not cause significant damage to the housing and mortgage markets.

05 Jun 2017

Royal London and L&C launch mortgage protection solution

Royal London and L&C launch mortgage protection solution

Royal London has partnered with fee-free mortgage and protection adviser L&C to develop and test a new life insurance application service, Streamlined Mortgage Protection.

05 Jun 2017

Housing shortfall to worsen under both parties' policies

Housing shortfall to worsen under both parties' policies

The Conservative manifesto pledge to build a million homes by the end of 2020 will result in an increase of just 9,000 a year, according to Property Partner research.

05 Jun 2017

Vida launches lowest ever rate of 2.69%

Vida launches lowest ever rate of 2.69%

Vida Homeloans has launched a new limited edition range of residential and buy-to-let mortgages up to 70% LTV, including its lowest ever rates of 2.69% for residential and 3.14% for buy-to-let.

05 Jun 2017

Sesame & PMS add Keystone to panels

Sesame & PMS add Keystone to panels

Keystone Property Finance is the latest addition to the mortgage panels of Sesame Network and PMS Mortgage Club.

05 Jun 2017

IRESS enhances annuity service to comply with new FCA rules

IRESS enhances annuity service to comply with new FCA rules

IRESS is enhancing its portal's annuity quotation services to help the industry comply with new FCA rules which will mandate annuity providers to inform their customers how much they could gain from shopping around before they purchase an annuity.

05 Jun 2017

Financial Reporting Council drops investigation into Tesco audits

Financial Reporting Council drops investigation into Tesco audits

The Financial Reporting Council has announced the closure of an investigation into PricewaterhouseCoopers and its auditing of Tesco's accounts.

05 Jun 2017

Spicerhaart launches broker recruitment team

Spicerhaart launches broker recruitment team

Spicerhaart has launched a talent acquisition team in order to drive broker numbers.

05 Jun 2017

General Election now bigger worry than Brexit for advisers

General Election now bigger worry than Brexit for advisers

Nearly one in three advisers say uncertainty over the General Election and its aftermath are a major concern for their business and is now a bigger worry than the ongoing Brexit process, according to research from MetLife.

05 Jun 2017

A fast no or a slow yes?

A fast no or a slow yes?

What’s better, a fast no or a slow yes? There are a lot of brokers - and indeed clients - who would say the former. Efficiency is important to everybody in today’s fast paced world and if it’s looking like a no most people would rather just know as soon as possible so they can come up with a plan B.

02 Jun 2017

Brokers say Brexit uncertainty is their biggest challenge

Brokers say Brexit uncertainty is their biggest challenge

Brokers have voted uncertainty over the longer-term effects of Brexit as the factor most likely to affect their success or failure this year, according to a United Trust Bank survey.

02 Jun 2017

Metro Bank acquires £600m Cerberus mortgage portfolio

Metro Bank acquires £600m Cerberus mortgage portfolio

Metro Bank has completed the purchase of a portfolio of UK mortgages from Cerberus for £596.7m

02 Jun 2017

Positive Lending launches Shawbrook's 55 Plus product

Positive Lending launches Shawbrook's 55 Plus product

Positive Lending has added Shawbrook’s 55 Plus interest-only mortgage product to its packaging proposition.

02 Jun 2017

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