Average house prices rise to record high of £299k – Halifax
Despite an easing in annual house price growth from 3.4% in December to 3% in January, average values in the UK reached a high of £299,138 at the start of the year, a lender’s data showed. The post...
View ArticleTSB completes £5bn in new mortgage lending in 2024 despite ‘challenging’ market
TSB saw a 19% year-on-year increase in its new mortgage lending to £5bn in 2024, while the value of applications rose 13% to £7.4bn. The post TSB completes £5bn in new mortgage lending in 2024 despite...
View ArticleKnow Your BDM: James Travers, Darlington BS
This week, Mortgage Solutions is speaking with James Travers, business development manager (BDM) at Darlington Building Society. The post Know Your BDM: James Travers, Darlington BS appeared first on...
View ArticleThe Right Mortgage Network is ‘secure’ and ‘doesn’t want to compete’, says...
The Right Mortgage and Protection Network has no plans to expand beyond 500 firms but wants to continue being a good firm for its employees and customers, its chief executive and founding director...
View ArticleLord Sharkey tells SFO to investigate Co-op Bank over mortgage prisoner...
Lib Dem peer Lord Sharkey has written to the Serious Fraud Office (SFO) asking it to probe the treatment of mortgage prisoners by Mortgage Agency Services Number 5, part of the Co-operative Banking...
View ArticleGovt announces modernised house transactions and Right to Manage leasehold...
The government has announced plans to improve the home buying and selling process, which it said save people time, money and prevent collapsed sales. The post Govt announces modernised house...
View ArticleService charge costs rise 11% to average £2.3k annually – Hamptons
The average service charge for a flat in England and Wales rose 11% over last year to an average of £2,300 a year or £192 a month, data from an estate agency found. The post Service charge costs rise...
View ArticleAdvisers report a ‘recovery’ in remortgaging this year – Primis
Borrowers are expected to opt for remortgages this year, following years of the market being dominated by product transfers, mortgage advisers told a network. The post Advisers report a ‘recovery’ in...
View ArticleAccess FS joins Equity Release Council
Mortgage and protection brokerage Access Financial Services has become a member of the Equity Release Council (ERC). The post Access FS joins Equity Release Council appeared first on Mortgage Solutions.
View ArticleShawbrook cuts mortgage product development time to 13 days with tech...
Shawbrook Bank has reduced the time it takes for the lender to update its mortgage products from 107 days to 13 by partnering with a tech consulting firm. The post Shawbrook cuts mortgage product...
View ArticleQuantum Mortgages makes three senior promotions
Specialist buy-to-let (BTL) lender Quantum Mortgages has made a number of promotions to its senior management team. The post Quantum Mortgages makes three senior promotions appeared first on Mortgage...
View ArticleNatWest cuts new business rates; Paragon lowers BTL pricing – round-up
NatWest has reduced pricing across new business mortgages by as much as 36 basis points (bps), effective from 12 February. The post NatWest cuts new business rates; Paragon lowers BTL pricing –...
View ArticleLoans Warehouse hires Robinson as head of comparison
Brokerage Loans Warehouse has appointed Jim Robinson as its head of comparison, which the firm said would “solidify its position as a leader” in the market. The post Loans Warehouse hires Robinson as...
View ArticleLandlords worry Renters’ Rights Bill will make investors exit and reduce...
Some 14% of landlords believe the incoming Renters’ Rights Bill will result in investors exiting the market, while 11% said it could hit the availability of rental homes. The post Landlords worry...
View ArticleFleet cuts HMO and MUFB rates; FHL launches Property Plus and HMO Plus deals...
Fleet Mortgages has reduced rates on all five-year fixes for specialist buy-to-let (BTL) properties by as much as 0.25%. The post Fleet cuts HMO and MUFB rates; FHL launches Property Plus and HMO Plus...
View ArticleLandbay trims BTL rates by 0.3%
Landbay has reduced buy-to-let (BTL) product rates by up to 0.3%. The post Landbay trims BTL rates by 0.3% appeared first on Mortgage Solutions.
View ArticleBarclays adds to sub-4% mortgage offering; TSB and Coventry BS cut rates –...
Barclays has made changes to its mortgage range, with some pricing now below 4%. The post Barclays adds to sub-4% mortgage offering; TSB and Coventry BS cut rates – round-up appeared first on Mortgage...
View ArticleLendInvest cuts resi and BTL rates; West One adds BTL AVMs and lower pricing...
LendInvest has made reductions to its residential and buy-to-let (BTL) mortgage rates. The post LendInvest cuts resi and BTL rates; West One adds BTL AVMs and lower pricing – round-up appeared first on...
View ArticleQuilter hires L&G’s Bray as distribution director for mortgage network
Quilter Financial Planning has appointed Legal and General (L&G) Mortgage Club’s Zara Bray as its distribution director for its mortgage network. The post Quilter hires L&G’s Bray as...
View ArticleHOA and PCA call on govt for ‘united’ approach to spray foam insulation
The HomeOwners Alliance (HOA) and Property Care Association (PCA) have partnered to ask the government to implement a standard approach to spray foam insulation. The post HOA and PCA call on govt for...
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