All Mortgages Stories

Santander appoints three BDMs

Santander appoints three BDMs

Santander for Intermediaries has appointed three new Business Development Managers.

17 Nov 2017

The Coventry launches new Flexx for Term rates with no 0.25% rise

The Coventry launches new Flexx for Term rates with no 0.25% rise

Coventry for intermediaries has launched new Flexx for Term buy-to-let mortgages between 50% and 70% LTV.

17 Nov 2017

Haart calls for Stamp Duty cut as FTB house prices soar 11%

Haart calls for Stamp Duty cut as FTB house prices soar 11%

First-time buyer house prices have risen 11.5% annually and deposits have jumped by 15%, according to the latest data from estate agents Haart.

17 Nov 2017

Al Rayan bank cuts Home Purchase Plan rates by 0.25%

Al Rayan bank cuts Home Purchase Plan rates by 0.25%

Al Rayan Bank (UK) has decreased rental rates across its entire range of discounted variable Home Purchase Plans by 0.25%.

17 Nov 2017

Nationwide launches lifetime mortgage product

Nationwide launches lifetime mortgage product

Nationwide Building Society has launched a lifetime mortgage product, becoming the only major high street mortgage lender to offer a product of this kind in the equity release market.

17 Nov 2017

Nationwide reports fall in profits as mortgage conditions toughen

Nationwide reports fall in profits as mortgage conditions toughen

Nationwide has reported a 4% dip in H1 profits which it has attributed to low interest rates and tougher conditions in the mortgage market.

17 Nov 2017

All about the pounds and pence: tackling misconceptions about advice

All about the pounds and pence: tackling misconceptions about advice

For all the talk of intermediary dominance when it comes to the distribution of mortgage products, there were some sobering statistics within the recent Legal & General Mortgage Club’s research on the value of a mortgage broker, that should solidify in all our minds just how far the sector still has to travel.

16 Nov 2017

New build market too dependent on Help to Buy: IMLA

New build market too dependent on Help to Buy: IMLA

Britain’s new build market needs to confront its dependency on the Help to Buy equity loan scheme, according to the Intermediary Mortgage Lenders Association.

16 Nov 2017

LendInvest launches into buy-to-let market

LendInvest launches into buy-to-let market

LendInvest has launched a buy-to-let loan product available through intermediaries, aimed at professional property investors and landlords operating in England, Wales and Scotland.

16 Nov 2017

Life and mortgages after divorce

Life and mortgages after divorce

I was interested to read recently that the Ministry of Justice are planning to roll out a ‘divorce online’ service over the next year or so, making the process easier and quicker for non-contested divorce cases. Given that latest data from the ONS suggests that 42% of all marriages end in divorce, it’s easy to see why a more streamlined process would appeal, as the amount of paperwork involved in processing thousands of divorces per year is quite staggering, I’d suggest, and obviously takes a toll on the judicial system’s infrastructure.

15 Nov 2017

 

Will a rate rise see lenders approach the first-time buyer sector?

Will a rate rise see lenders approach the first-time buyer sector?

It would appear the Bank of England’s days as an ‘unreliable boyfriend’ are over at least for the short term following November’s MPC meeting and subsequent announcement.

15 Nov 2017

Mortgage borrowing impacting long term savings and GDP growth, warns NIESR

Mortgage borrowing impacting long term savings and GDP growth, warns NIESR

A UK obsession with home ownership means mortgages are crowding out other forms of long term savings and investment, with potentially significant repercussions for individual pension savings and the UK economy as a whole, according to NIESR research for the ABI.

15 Nov 2017

Nearly half of equity release customers have outstanding mortgage debt

Nearly half of equity release customers have outstanding mortgage debt

45% of those looking to cash in some of their property wealth still owe money on mortgages, research from Key Retirement shows.

15 Nov 2017

TMA launches Base Rate Hub

TMA launches Base Rate Hub

TMA has launched a Base Rate Hub for advisers, providing the latest updates on the Club’s lender panel and news relating to the recent base rate change.

15 Nov 2017

Trussle edges closer to instant mortgage approvals with VP Engineering hire

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Trussle edges closer to instant mortgage approvals with VP Engineering hire

Online mortgage broker Trussle has appointed Matthew Gretton as Vice President of Engineering.

15 Nov 2017

Skipton appoints Intermediary Regional Manager

Skipton appoints Intermediary Regional Manager

Skipton Building Society today has appointed Paul Holt to the team of Intermediary Regional Managers covering the Home Counties.

14 Nov 2017

BTL rates continue to fall despite PRA and rate rise worries

BTL rates continue to fall despite PRA and rate rise worries

A number of mainstream buy-to-let mortgages are down in cost since August – some for the second successive quarter - despite the new PRA changes and months of rate rise predictions, according to Mortgage Brain data.

14 Nov 2017

Fluent for Advisers expands sales team

Fluent for Advisers expands sales team

Fluent for Advisers, the intermediary arm of second charge provider Fluent Money Group, has appointed David Paton as Business Development Manager.

14 Nov 2017

Remortgaging soars as total lending dips in September: UK Finance

Remortgaging soars as total lending dips in September: UK Finance

Total mortgage lending declined in September, although remained higher on an annual basis, while remortgaging remained strong ahead of an anticipated rate rise, according to the latest UK Finance data.

14 Nov 2017

NatWest cuts residential and BTL rates by up to 0.20%

NatWest cuts residential and BTL rates by up to 0.20%

NatWest has announced rate cuts to its core and semi-exclusive ranges of residential and buy-to-let two and five year fixed rate purchase mortgages and remortgages.

14 Nov 2017

Brightstar's Private Label launches four new products

Brightstar's Private Label launches four new products

Brightstar Financial has launched four new specialist residential and buy-to-let mortgage products under its Private Label brand.

14 Nov 2017

NatWest reveals product transfer fee launch plans

NatWest reveals product transfer fee launch plans

NatWest Intermediary Solutions will launch its new product transfer facility on Friday 15 December, paying a gross procuration fee of 0.2%.

13 Nov 2017

Sub-1% trackers gone from market as lenders react to rate rise

Sub-1% trackers gone from market as lenders react to rate rise

The average two-year variable tracker rate has increased by 0.20% since 1 November, meaning the sub-1% two-year tracker is no longer available on the market, according to Moneyfacts data.

13 Nov 2017

Skipton launches video appointments with mortgage advisers

Skipton launches video appointments with mortgage advisers

Skipton Building Society is now offering mortgage and financial advice video appointments through Skipton Link.

13 Nov 2017

Mortgage lenders to fund 50% of Money Advice Service under FCA proposals

Mortgage lenders to fund 50% of Money Advice Service under FCA proposals

The FCA is planning to increase the amount home finance providers pay towards the Money Advice Service debt advice levy from 2018/2019.

13 Nov 2017

Positive Lending becomes specialist distributor for Kensington

Positive Lending becomes specialist distributor for Kensington

Positive Lending has announced its appointment as 'specialist distributor' for Kensington Mortgages.

13 Nov 2017

Borrowers urged not to incur early exit charges as lenders hold rates

Borrowers urged not to incur early exit charges as lenders hold rates

Royal London says homeowners should think twice before incurring early exit charges in a dash to secure a cheap fixed rate mortgage as many providers are holding or even cutting rates following this month's rate rise.

13 Nov 2017

In the Spotlight with Liz Syms, Connect for Intermediaries

In the Spotlight with Liz Syms, Connect for Intermediaries

We spoke to Liz Syms, managing director of Connect for Intermediaries, about the PRA changes to portfolio buy-to-let and the impact of Brexit on the housing market.

10 Nov 2017

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