Landbay launches product transfer for BTL
Landbay has launched a product transfer option for buy-to-let (BTL) borrowers, allowing them to switch to a new rate up to three months before their deal ends. The post Landbay launches product...
View ArticleHouse sales level off in January but expected to pick up soon – RICS
Buyer demand and sales activity appeared to steady in January, but housing market professionals say this could pick up later in the year, a trade body survey said. The post House sales level off in...
View ArticleMortgage repossessions rise 61% in Q4 – MoJ
There was a 61% annual increase in mortgage repossessions in Q4, rising from 595 to 957, government data showed. The post Mortgage repossessions rise 61% in Q4 – MoJ appeared first on Mortgage Solutions.
View ArticleTSB ups LTI limit for new build; YBS slashes mortgage rates – round-up
TSB has amended its mortgage criteria to increase the loan to income (LTI) limit for new-build properties to 5.5 times income for certain borrowers. The post TSB ups LTI limit for new build; YBS...
View ArticleFCA charges IFA with multiple fraud offences
An independent financial adviser (IFA) who provided advice on investments, insurance, mortgages and pensions has been charged with a number of criminal offences by the regulator. The post FCA charges...
View ArticleWest One cuts rates amid criteria update; Pepper Money makes 0.2% reductions...
West One Loans has reduced rates across its residential and second charge mortgages, and come out with criteria changes. The post West One cuts rates amid criteria update; Pepper Money makes 0.2%...
View ArticleAlmost three-quarters of properties now held in limited companies – FHL
The share of properties held in a limited company doubled from 36% in Q1 2020 to 74% in the last quarter of 2024, a lender found. The post Almost three-quarters of properties now held in limited...
View ArticleYBS Commercial trims rates by 0.2%
YBS Commercial Mortgages has reduced rates on commercial real estate products by up to 0.2%. The post YBS Commercial trims rates by 0.2% appeared first on Mortgage Solutions.
View ArticleNationwide cuts remortgage, switching and homemover rates
Nationwide has lowered rates on select remortgage and switcher deals to support borrowers coming to the end of their deals, the mutual said. The post Nationwide cuts remortgage, switching and homemover...
View ArticleMelton BS intros lower credit repair and BTL rates
Melton Building Society has reduced rates across its credit repair and buy-to-let (BTL) mortgage range, which it said would give better value to borrowers. The post Melton BS intros lower credit repair...
View ArticleOver two-thirds of parents worry their children will get critically ill – LV=
More than two thirds of parents,67%, said they are worried about their children being diagnosed with a critical illness, an insurance provider found. The post Over two-thirds of parents worry their...
View ArticleGovt says new permanent mortgage guarantee scheme will give lenders confidence
The government has said it will introduce a permanent and comprehensive Mortgage Guarantee Scheme to help young families and renters onto the property ladder. The post Govt says new permanent mortgage...
View ArticleAdvisers say increased demand and regulatory changes cause time pressure
More than a third of advisers, 34%, have said finding the time to deal with increased demand and regulatory changes was challenging, an insurance provider found. The post Advisers say increased demand...
View ArticleMovin Legal and L&G launch digital home surveys
Conveyancing panel manager Movin Legal has launched a digital home survey feature in partnership with Legal and General. The post Movin Legal and L&G launch digital home surveys appeared first on...
View ArticleKnow Your BDM: Ahmet Tunsay, One Mortgage System
This week Mortgage Solutions is talking to Ahmet Tunsay, business development manager (BDM) at One Mortgage System (OMS). The post Know Your BDM: Ahmet Tunsay, One Mortgage System appeared first on...
View ArticleNatWest’s mortgage balances rise to £209.8bn in 2024 with Metro Bank boost
NatWest said its mortgage balances rose by £1.9bn to £209.8bn in 2024, including £2.2bn from the Metro Bank portfolio. The post NatWest’s mortgage balances rise to £209.8bn in 2024 with Metro Bank...
View ArticlePrincipality BS widens family lending criteria
Principality Building Society has updated its criteria for gifted deposits and equity to allow more family members to be eligible. The post Principality BS widens family lending criteria appeared first...
View ArticleSmaller two- and five-year fixed rate gap could make shorter terms more...
Shorter term fixed rate mortgages could be the preferred option for borrowers as the difference between the average two- and five-year pricing shrinks, a property listing firm predicted. The post...
View ArticleMortgage lending growth to double this year, says EY
The rate of growth in UK mortgage lending is expected to double from 1.5% last year to 3.1% this year, due to lower rates and a rise in consumer confidence, an economic forecast said. The post Mortgage...
View ArticleL&G Mortgage Club and Smartr365 develop digital process for brokers
Legal and General (L&G) Mortgage Club has teamed up with Smartr365 to develop an end-to-end digital mortgage solution for brokers to deliver better outcomes. The post L&G Mortgage Club and...
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