Mansfield returns to 95% LTV resi lending
Fri 14 May 2021Mansfield Building Society has increased its product offering above 80% with three fixed rates, including a 95% house purchase product for both first-time buyers and home movers.
Featured News
Jo Breeden: London rent drops not solely caused by COVID-19
Fri 14 May 2021
Data collected by Rightmove shows that London is the only region in the UK where rents have fallen over the last five years.
Clydesdale Bank amends 90% LTV lending criteria
Fri 14 May 2021
The lender has upped its maximum term from 30 years to 35 years and increased its larger loan size from £540,000 to £750,000 in London.
News
Mortgage Brain delivers API for Bath
Fri 14 May 2021
Mortgage Brain has delivered a bespoke API for Bath Building Society that provides a streamlined journey for mortgage advisers using the society’s website.
Virgin Money launches 95% products under govt scheme
Fri 14 May 2021
Virgin Money today has launched three 95% loan-to-value (LTV) residential mortgages as part of the government’s Mortgage Guarantee Scheme.
e.surv: House prices up 11.7%
Fri 14 May 2021
Average house prices increased by 11.7% across England and Wales in the year to April 2021, according to e.surv Chartered Surveyors’ House Price Index.
HTB appoints business development director
Fri 14 May 2021
Hampshire Trust Bank (HTB) has promoted Andrea Glasgow to business development director.
Mortgage Introducer May 2021
Blog
Businesses must constantly evolve
Fri 14 May 2021
In the midst of massive internal and external tech overhaul, it’s fair to say that our eyes have certainly been opened to the challenges, time, resources and opportunities involved in such a project.
The equity release evolution is turning the spotlight on rebroking
Thu 13 May 2021
While the equity release market has been around for more than thirty years, it is only recently that we have seen the expansion of flexible lending features and low rates that make these modern plans an attractive option for a wide range of older customers.
LendInvest cuts resi bridging rates
Fri 14 May 2021
Its 75% LTV product is now available at 0.75%, and its 70% LTV product is offered at 0.70%.
Metro ups income multiple to 5.5 times
Fri 14 May 2021
Metro Bank has increased its income multiple up to 5.5 times annual earnings, subject to an affordability assessment.
Sesame Bankhall Group launches new specialist lending panel
Fri 14 May 2021
In addition to the new specialist lending panel, PMS and Sesame members also have access to two existing referral services for equity release business from Age Partnership and Key Partnerships, along with a self-build support packaging option from Buildloan.
Earl Shilton expands team
Fri 14 May 2021
Nitin Mistry has joined Earl Shilton Building Society.
Successful landlords always considering several things at a time
Thu 13 May 2021
Factors such as portfolio diversification, profitability, yields, tenant demand, rental voids and access to borrowing are always high on their agenda and any combination of these can lead to increases (or decreases) in activity levels and confidence.
Supply-side issues need addressing quickly
Thu 13 May 2021
It’s always fair to say that housing supply continues to fall well short of demand, and even if existing homeowners are more willing to put their properties up for sale, that doesn’t add to the number of new homes required each and every single year.
Valuations today
Wed 12 May 2021
There is no doubt the last few years have been challenging for everyone, but this is especially true for anyone involved in the property market.
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Offa launches EPIC product
Fri 14 May 2021
This is short-term finance deal designed specifically for buy-to-let (BTL) properties, with an energy performance rating of A to C with a reduced rate.
Ringley appoints managing director
Fri 14 May 2021
Ringley Group has appointed Ian Barber as managing director of its build-to-rent (BTR) division.
Detached homes best preforming property type for last 15 years
Fri 14 May 2021
Detached homes have been outperforming all other property types for the last 15 years, according to research from Warwick Estates.
Mint Property Finance adds to team
Thu 13 May 2021
Mint Property Finance has appointed Stephen Cunningham, Andy Dunn, Marc Williams and Lee Green.
Addressing post-pandemic surveying concerns
Tue 11 May 2021
As an industry, it’s fair to say we have been fortunate in the fact that we have been able to operate at capacity for much of this time.
All aboard the brandwagon
Tue 11 May 2021
You cannot rest in this game and no one has a monopoly on good ideas.
Wherever I lay my hat
Tue 11 May 2021
What is abundantly clear is that the role of the BDM during the last 12 months has arguably been of its greatest importance ever.