The West Brom extends new-build offer period and adds deals
The West Bromwich Building Society (The West Brom) has launched products for new-build borrowers and extended the mortgage offer period to nine months. The post The West Brom extends new-build offer...
View ArticleHilco Real Estate Finance hires Allen as senior BDM
Specialist bridging lender Hilco Real Estate Finance (HREF) has appointed Steve Allen as its senior business development manager (BDM). The post Hilco Real Estate Finance hires Allen as senior BDM...
View ArticleStandard Life Home Finance broadens distribution of discount deal
The Standard Life Home Finance Horizon Interest Reward product is now available across the whole market following its launch on the Iress platform. The post Standard Life Home Finance broadens...
View ArticleHalf of first-time buyers consider shared ownership – TML
Half of the people thinking of getting onto the property ladder will consider or have considered shared ownership as a route to homeownership, research from a lender found. The post Half of first-time...
View ArticleJust Mortgages promotes Lowndes to sales director for client services
Brokerage Just Mortgages has promoted Gareth Lowndes to the role of sales director for client services. The post Just Mortgages promotes Lowndes to sales director for client services appeared first on...
View ArticleAverage UK house price lifts 1.1% to £281k – ONS
House prices in the UK have risen by an average of 1.1% annually to £281,373, official data has shown. The post Average UK house price lifts 1.1% to £281k – ONS appeared first on Mortgage Solutions.
View ArticleGovt policy should not determine the undeniable need to build houses – Rudolf
It was a relatively quiet start to the general election campaign in terms of specific housing and mortgage market policy, but in recent days – and certainly with the publication of the main parties’...
View ArticleKnow Your BDM: Tim Gunning, Atom Bank
This week, Mortgage Solutions is talking to Tim Gunning, regional development manager at Atom Bank. The post Know Your BDM: Tim Gunning, Atom Bank appeared first on Mortgage Solutions.
View ArticlePrivate rent costs jump to £1.2k in May – ONS
The average private rent in the UK rose 8.7% annually in May to £1,262 per month, government figures showed. The post Private rent costs jump to £1.2k in May – ONS appeared first on Mortgage Solutions.
View ArticleFinova upgrades origination platform Apprivo
Cloud-based mortgage and savings platform provider Finova has made upgrades to its origination platform Apprivo to streamline processes. The post Finova upgrades origination platform Apprivo appeared...
View ArticleInflation drop could pave way for lower mortgage rates – Rightmove
The inflation rate falling to the Bank of England’s 2% target in May could result in reduced mortgage pricing later this year, Rightmove has speculated. The post Inflation drop could pave way for lower...
View ArticleMS Lending agrees £40m funding with Pollen Street Capital
Bridging finance lender MS Lending Group has secured a £40m funding line extension with Pollen Street Capital. The post MS Lending agrees £40m funding with Pollen Street Capital appeared first on...
View ArticleMortgage affordability still a barrier as housing sentiment falls – BSA
House prices and mortgage costs are still too high for many prospective home buyers, a study from a trade association found. The post Mortgage affordability still a barrier as housing sentiment falls –...
View ArticleMortgage rates in six months of volatility despite unchanged base rate –...
Mortgage rates have fluctuated over the last six months despite there being no change to the Bank of England base rate, analysis from a financial information firm found. The post Mortgage rates in six...
View ArticleFirst-time buyers need twice the average UK income to purchase a home – Zoopla
The average first-time buyer would need to earn £60,600 – nearly double the average UK household income of £33,300 – to get on the property ladder, analysis from a property listing firm has shown. The...
View ArticleLack of rental choice will undermine manifesto plans for reform – NRLA
Plans laid out by political parties to reform the private rental sector (PRS) ahead of the election will be undermined by a lack of tenant choice, a trade body has said. The post Lack of rental choice...
View ArticleASTL rebrands to Bridging & Development Lenders Association
The Association of Short Term Lenders (ASTL) has rebranded to the Bridging & Development Lenders Association (BDLA), 16 years after its launch. The post ASTL rebrands to Bridging & Development...
View ArticleHalf of HMO landlords use property as sole source of income – Landbay
Half of landlords with a house in multiple occupation (HMO) property or portfolio use this as their only source of income, a survey found. The post Half of HMO landlords use property as sole source of...
View ArticleBase rate hold may ensure market stability and lead to lower mortgage pricing...
Although mortgage borrowers may be disappointed at the Bank of England’s decision to maintain the base rate at 5.25%, homeowners could still benefit from the stable market, industry professionals have...
View ArticleMost inefficient homes can ‘easily’ achieve EPC C rating – Kamma
The majority of homes in the UK would be able to reach an Energy Performance Certificate (EPC) rating of C, analysis from a climate tech firm suggested. The post Most inefficient homes can ‘easily’...
View Article