Mortgage advice firm among eight declared in default in June and July
London-based protection and mortgage advice firm Ozen Financial Services was among the eight companies declared in default by the Financial Services Compensation Scheme (FSCS) over June and July. The...
View ArticlePrecise cuts rates and revises residential range
Precise, part of OSB Group, has cut rates across its residential range by as much as 0.6%. The post Precise cuts rates and revises residential range appeared first on Mortgage Solutions.
View ArticleRising Star: Natalie Beddall, Buckinghamshire BS
The Mortgage Solutions Rising Star feature spotlights people who have been working in the mortgage sector for fewer than three years. The post Rising Star: Natalie Beddall, Buckinghamshire BS appeared...
View ArticleBellway ‘encouraged’ by moderating mortgage rates and improving affordability
Housebuilder Bellway has seen cancellation rates fall from 18% to more normal levels of 14%, which it attributed to “the improvement in affordability during the year and the relative stability in...
View ArticleRental homes to miss 2030 EPC deadline at current pace – Hamptons
Privately rented homes will not be improved to the minimum Energy Performance Certificate (EPC) rating of C until 2042, more than a decade longer than the government’s deadline. The post Rental homes...
View Article‘Huge opportunity’ for brokers to expand with unencumbered properties –...
Brokers could grow their buy-to-let (BTL) business through unencumbered rental properties, it was said on a video debate hosted by Brightstar Financial. The post ‘Huge opportunity’ for brokers to...
View ArticleHSBC ups maximum LTVs for new builds and flats
HSBC has increased the maximum lending limits on all flats and new-build properties for residential borrowers. The post HSBC ups maximum LTVs for new builds and flats appeared first on Mortgage...
View ArticleHow customer reviews can boost staff morale – Rushton
How do you know you are doing a good job? Is it because your boss says so (or not)? The post How customer reviews can boost staff morale – Rushton appeared first on Mortgage Solutions.
View ArticleWill Labour’s draft leasehold bill create a fairer housing market? – Frankel
In the King's Speech last month, the new Labour government laid out ambitious plans to reform the leasehold and freehold system, aiming to end what it described as the "feudal system of leasehold" and...
View ArticleExclusive: Smartr365 integration with Nationwide extended to purchase cases
The Smartr365 direct integration with Nationwide has been made available for purchase cases as well as remortgages. The post Exclusive: Smartr365 integration with Nationwide extended to purchase cases...
View ArticleAverage mortgage product shelf life drops to just 17 days – Moneyfacts
Mortgage products have been available for an average of 17 days in August, a notable drop from the average timespan of 30 days last month. The post Average mortgage product shelf life drops to just 17...
View ArticleRowntree departs Paragon Bank; Sedgwick takes over as MD of mortgages
Louise Sedgwick has become the managing director of mortgage at Paragon Bank, taking over from Richard Rowntree, who announced his departure. The post Rowntree departs Paragon Bank; Sedgwick takes over...
View ArticleBridging lending hits record £201.8m as borrowers rescue house purchases
Bridging loan completions rose 2.9% quarter-on-quarter to £201.8m in Q2, as borrowers attempted to rescue housing transactions. The post Bridging lending hits record £201.8m as borrowers rescue house...
View ArticlePrecise launches mobile app for specialist lending brokers
Precise, part of OSB Group, has released a mobile app for brokers in the specialist lending market, hailing it as the “first of its kind”. The post Precise launches mobile app for specialist lending...
View ArticlePerenna launches retrofit discount range
Long-term fixed rate mortgage lender Perenna has launched a retrofit discount feature to encourage homeowners to upgrade their properties. The post Perenna launches retrofit discount range appeared...
View Article‘Strong’ intermediary support sees Hampden and Co’s lending rise to £555m in H1
Private bank Hampden and Co has reported a 20.4% annual rise in total lending to £555m, thanks to “strong support from mortgage intermediaries”. The post ‘Strong’ intermediary support sees Hampden and...
View ArticleNationwide drops rates again with lowest at 3.83%
Nationwide has continued to cut mortgage rates, with its lowest available deal now priced at 3.83%. The post Nationwide drops rates again with lowest at 3.83% appeared first on Mortgage Solutions.
View ArticleUK house prices jump to £288k in June – ONS
Average house prices in the UK rose to £288,000 in June, an £8,000 or 2.7% increase on last year, government data revealed. The post UK house prices jump to £288k in June – ONS appeared first on...
View ArticlePrivate rent prices in Britain surge by 8.5% annually – ONS
The average private rent in Great Britain rose by 8.5% year-on-year to £1,279 per month in July, official data showed. The post Private rent prices in Britain surge by 8.5% annually – ONS appeared...
View ArticleNationwide ups maximum LTV for new-build houses
Nationwide will now lend up to 90% loan to value (LTV) on new-build houses, an increase from the previous limit of 85%. The post Nationwide ups maximum LTV for new-build houses appeared first on...
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