Ecology BS cuts self-build mortgage rate; Principality BS ups select rates –...
Ecology Building Society has reduced the rate of its self-build mortgage following the 0.25% cut to the Bank of England’s base rate. The post Ecology BS cuts self-build mortgage rate; Principality BS...
View ArticleStamp duty receipts fall post-threshold change and IHT intake surges to £780m...
Homebuyers paid £1.3bn in stamp duty land tax in April, the first month after the nil-rate threshold fell from £250,000 to £125,000, government data showed. The post Stamp duty receipts fall...
View ArticleRosemount Financial Solutions adds advisers as growth continues
Rosemount Financial Solutions welcomed seven adviser firms to its network in Q1, as the firm continues its growth strategy. The post Rosemount Financial Solutions adds advisers as growth continues...
View ArticleSmartr365 integrates with Smart Currency Exchange to streamline transactions...
Smartr365 has announced its integration with Smart Currency Exchange to streamline transactions where the deposit is coming from an international buyer or account. The post Smartr365 integrates with...
View ArticleRisk-averse lending has left too many people renting and unable to buy a...
The risk minimisation approach to mortgage lending may have “gone slightly too far” and created a new risk where people are left renting and unable to buy a home, UK Finance’s David Postings said. The...
View ArticleNo fees for mortgage advisers maintained as FSCS drops levy to £356m
Mortgage intermediaries will not be required to pay an annual levy to the Financial Services Compensation Scheme (FSCS) for 2025/26, as no new firm failures are expected. The post No fees for mortgage...
View ArticleThe ‘risk of regulation’ must be looked at to unlock access to homeownership,...
The right balance of safety and innovation is needed to open access to mortgages and homeownership, Emad Aladhal, director of retail banking at the Financial Conduct Authority (FCA) said. The post The...
View ArticleShawbrook makes TML and Bluestone rate cuts; ModaMortgages and Redwood...
Shawbrook Retail Mortgages has announced rate reductions across its The Mortgage Lender (TML) and Bluestone Mortgages brands. The post Shawbrook makes TML and Bluestone rate cuts; ModaMortgages and...
View ArticleKnow Your BDM: Julie McCue, Barclays
This week, Mortgage Solutions is speaking to Julie McCue, intermediary relationship manager at Barclays. The post Know Your BDM: Julie McCue, Barclays appeared first on Mortgage Solutions.
View ArticleBorrowers facing redundancy should feel no shame and seek adviser help –...
People who have been made redundant should not feel ashamed about it and get in touch with their adviser before taking on unsecured debt or reverting to the standard variable rate (SVR), brokers have...
View ArticleThis is just the beginning of innovation for April Mortgages, says Hunnisett
April Mortgages has plans to continue innovating, with more launches to complement its 100% loan to value (LTV) and seven times income propositions. The post This is just the beginning of innovation...
View ArticleRedwood Bank improves commercial mortgage affordability
Specialist lender Redwood Bank has made changes to its commercial lending proposition to improve affordability for professional landlords and SMEs. The post Redwood Bank improves commercial mortgage...
View ArticleProperty investors can achieve 12.5% yield with HMO conversion – Excellion...
While the average cost of converting a property into a houses in multiple occupation (HMO) dwelling can cost around £68,000, the average yield can be as high as 12.5%, an advice firm has said. The post...
View ArticleFCA to update data for more than 9,000 firms
The Financial Conduct Authority (FCA) has reviewed the data it holds for more than 9,000 firms and will be amending and updating around 11,000 requirements, directions and limitations. The post FCA to...
View ArticleHSBC and Barclays up mortgage rates; Ecology BS cuts pricing – round-up
HSBC has announced mortgage rate increases of up to 0.16% on residential mortgages and 0.04% on buy-to-let products. The post HSBC and Barclays up mortgage rates; Ecology BS cuts pricing – round-up...
View ArticleNationwide calls for relaxed lending rules to help 10,000 more first-time buyers
Nationwide has called for mortgage lending rules to be relaxed so it can help more first-time buyers onto the property ladder. The post Nationwide calls for relaxed lending rules to help 10,000 more...
View ArticleFCA research finds there are ‘important opportunities’ with AI
Research conducted by the Financial Conduct Authority (FCA) has suggested there are “important opportunities” to use artificial intelligence (AI) to give “effective and tailored support” to consumers....
View ArticleNorton Home Loans and Habito team up to widen access to first charge mortgages
Mortgage lender Norton Home Loans has partnered with Habito to broaden access to its range of first charge products. The post Norton Home Loans and Habito team up to widen access to first charge...
View ArticleDarlington BS adds BTL rates from 4.54%; H&R improves rates and criteria –...
Darlington Building Society has launched a range of two-year fixed buy-to-let (BTL) mortgages, with a remortgage option starting from 4.54%. The post Darlington BS adds BTL rates from 4.54%; H&R...
View ArticleMPowered cuts three-year fixed rates; Virgin and Clydesdale boost...
MPowered Mortgages has cut select three-year fixed rates, despite the recent rise in swap rates which has seen other lenders increase pricing. The post MPowered cuts three-year fixed rates; Virgin and...
View Article