John Goodall, CEO of Landbay, says brokers need solutions that allow them to place business smoothly, particularly when dealing with higher volumes of remortgage cases over a sustained...
John Goodall, CEO of Landbay, says brokers need solutions that allow them to place business smoothly, particularly when dealing with higher volumes of remortgage cases over a sustained...
Transactions are 41% lower than in March 2025 when activity surged ahead of changes to stamp duty thresholds.
First-time buyer rates have seen the largest reductions.
The Society has increased its maximum loan size to £3m across the range.
The minimum value has also reduced across the Society's retirement interest-only and Family Mortgage ranges.
The new products coincide with rate cuts on the lender's Credit Revive range.
Scotland and the North East, where prices are lowest, are the only parts of Great Britain where a typical new mortgage is cheaper than renting.
The lender's lowest mortgage rate is now 3.96%.
Rates have reduced by up to 0.15% across the ranges.
In the first in a four-part series, Zahid Bilgrami, CEO of Mortgage Brain, explores the pillars of Mortgage Brain's AI Charter: cost, intellectual property, consistency, and speed.
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