Equity release customers can now make an unlimited number of overpayments within their early repayment charge allowance.
Equity release customers can now make an unlimited number of overpayments within their early repayment charge allowance.
First-time buyer demand softens in Q3, but Burnham’s boost to affordability only solves part of the problem, Yopa says.
Domestic political change emerged as the biggest factor causing hesitation among buyers and sellers, followed by the lack of quality stock.
The acceleration in sales coincides with the FCA’s clarification on affordability assessments, highlighting existing flexibility for lenders.
Monicio says the next stage of mortgage technology should focus on connectivity rather than adding more standalone platforms.
During the pilot, average application-to-offer times fell by almost 30%.
The new role will help support the lender’s growth, with responsibility spanning financial management, treasury and reporting across its funding lines.
Paul joins from Quantum Mortgages, a lender he helped launch in 2022.
Just over a third say their children are living at home specifically to save for a house deposit.
The new scheme - Your First Home - will support first-time buyers onto the property ladder.
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