Tom Molloy, intermediary sales manager at Mansfield Building Society, says that in the new Consumer Duty environment, ensuring positive outcomes for self-build clients will require...
Related topic: Mortgages
The specialist lender started lending in Scotland for the first time earlier this month.
The product is designed to give investors and developers increased flexibility in the short-term.
Rates are increasing by up to 0.20%.
The Society says Consumer Duty and a higher mortgage rate environment is leading to more work for brokers.
Steve Cox, chief commercial officer at Fleet Mortgages, explores why he thinks the buy-to-let sector will be driven by the 'fundamentals', not the Spring Budget, in 2024.
The change aims to make it easier for brokers to find suitable products for clients in the joint borrower sole proprietor (JBSP) market.
Chetwood is preparing to launch ModaMortgages, a new specialist buy-to-let mortgage lender.
Rob's remit will cover the shared ownership, estate agency, broker and new build segments.
89% of brokers say they have to work harder to secure the loan size their clients want as a result of the cost-of-living crisis.