We spoke to Christopher Blewitt, head of mortgage distribution at Darlington Building Society, about the Society's first-time buyer and buy-to-let propositions, the core areas/borrower...
Related topic: Mortgages
The FCA's chief says the changes would "support home ownership and opening a discussion on the balance between access to lending and levels of defaults".
Loan-to-income caps and financial stress-testing rules are believed to be among the areas being considered for reform.
Laura Sneddon, head of mortgage sales and distribution at Hinckley & Rugby Building Society, explores how the mortgage market can utilise technology to streamline processes, reduce...
For joint applications where one applicant holds permanent residency, the LTV increases to 95%.
The uptick in first-time buyer demand is exacerbating the bottleneck as April approaches, IMLA warns.
Average rates have fallen by up to 0.17% compared to last week.
Rates have reduced by up to 0.47%, with loans of between £1m and £4m qualifying for a further 0.25% reduction.
New build, large loan and buy-to-let rates are among the rate increases.
The Society is offering a 5.48% five-year fix to support the new proposition.
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