Editor’s picks for the week – 08/11/2024
The post Editor’s picks for the week – 08/11/2024 appeared first on Mortgage Solutions.
View ArticleMortgage lending to return to growth this year – EY Item Club
Net mortgage lending is set to rise by 1.6% this year up from a contraction of 0.1% in 2023, an economic forecast group has suggested. The post Mortgage lending to return to growth this year – EY Item...
View ArticleAfin Bank appoints Tunney as chief people and operating officer
Newly launched lender Afin Bank has hired Nicola Tunney as its chief people and operating officer, to oversee the development of its customer service and operations. The post Afin Bank appoints Tunney...
View ArticleMortgage choice drops to lowest level in 17 months – Moneyfacts
The post Mortgage choice drops to lowest level in 17 months – Moneyfacts appeared first on Mortgage Solutions.
View ArticleFOS rejects claim it inflates complaint success rate
The Financial Ombudsman Service (FOS) has rejected a study from the University of Warwick suggesting it inflates the success rate of complaints. The post FOS rejects claim it inflates complaint success...
View ArticleNatWest buys £1bn of its shares from UK government
NatWest has purchased £1bn in shares of the bank from the Treasury, further reducing the government’s stake in the lender. The post NatWest buys £1bn of its shares from UK government appeared first on...
View ArticleBroker firm Active Mortgages chooses Acre CRM to leverage tech
Mortgage advice firm for self-employed people, business owners and investors, Active Mortgages, has selected Acre’s CRM platform to conduct its business. The post Broker firm Active Mortgages chooses...
View ArticleMetro Bank returns to profitability in Q3
Metro Bank said it returned to profitability in October as expected in its trading update for the Q3 period. The post Metro Bank returns to profitability in Q3 appeared first on Mortgage Solutions.
View ArticleFCA fines Metro Bank £16.7m for financial crime failings
Metro Bank has been fined £16.7m by the regulator for financial crime failings over a four-year period. The post FCA fines Metro Bank £16.7m for financial crime failings appeared first on Mortgage...
View ArticleOneDome buys mortgage advice firm Albany Park
The post OneDome buys mortgage advice firm Albany Park appeared first on Mortgage Solutions.
View ArticlePrincipality BS joins Iress’ Lender Connect
Iress has announced that Principality Building Society has gone live with its Lender Connect software. The post Principality BS joins Iress’ Lender Connect appeared first on Mortgage Solutions.
View ArticleTogether reports record lending for auction finance in October
Specialist lender Together delivered nearly £30m in auction finance lending to customers in October, a record for the company. The post Together reports record lending for auction finance in October...
View ArticleVAS Panel produces HMO report to offer ‘valuation consistency’
Property surveyor VAS Panel has designed and launched a standalone houses in multiple occupation (HMO) short form report template to create a “consistent approach” to valuations. The post VAS Panel...
View ArticleBridging completions at fastest in five years as gross lending hits £220.8m...
The average completion time for a bridging loan fell from 52 days in Q2 to 46 days in Q3, the fastest it has been since Q2 2019, an industry report found. The post Bridging completions at fastest in...
View ArticlePenrith BS re-enters the expat BTL and holiday let markets
The post Penrith BS re-enters the expat BTL and holiday let markets appeared first on Mortgage Solutions.
View ArticleRenters look for fixer-uppers as route to homeownership – Rightmove
People renting are more likely to choose fixer-upper homes to help them get onto the housing ladder, data from a property search firm revealed. The post Renters look for fixer-uppers as route to...
View ArticleNatWest raises mortgage rates by up to 0.35%
NatWest has become the latest lender to increase its mortgage rates this week, with changes of up to 0.35%. The post NatWest raises mortgage rates by up to 0.35% appeared first on Mortgage Solutions.
View ArticleAverage two-year fixed mortgage rate now above 5% – Rightmove
The average two-year fixed mortgage rate has crept back up above 5% since last week, industry data showed. The post Average two-year fixed mortgage rate now above 5% – Rightmove appeared first on...
View ArticleNomo launches SPV financing to support GCC-based investors
The post Nomo launches SPV financing to support GCC-based investors appeared first on Mortgage Solutions.
View ArticleMortgage possession claims jump 56% in Q3 – MoJ
The post Mortgage possession claims jump 56% in Q3 – MoJ appeared first on Mortgage Solutions.
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