FEATURED NEWS

Get involved with the Rewire Routines protection campaign

May 23, 2018

Join PMS and Sesame in helping to reduce the protection gap

PRIMIS partners with SmartSearch to enhance anti-money laundering checks

May 25, 2018

PRIMIS’s appointed representatives can carry out faster anti-money laundering searches after the change, while they will leave a soft footprint on a client’s credit record.


News

Gross mortgage lending up 13% year-on-year

May 25, 2018

Gross mortgage lending in April is estimated to have been £20.4bn, 13.3% higher than a year earlier, while the number of total mortgage approvals has also risen by 11%, UK Finance data showed.

Scottish house price growth up 7.7% in March

May 25, 2018

Scottish annual house price growth has accelerated again, rising by 7.7% in March, compared to just 1.0% in England and Wales as a whole for the same month, Your Move Scotland House Price Index has found.

PRIMIS enhances anti-money laundering checks through partnership with SmartSearch

May 25, 2018

PRIMIS Mortgage Network has partnered with SmartSearch, enabling its brokers to conduct thorough anti-money laundering (AML) checks.

Blogs

Mortgage Introducer

The days of referring to e-banking are nearly over

The imminent reality will be that all financial services will be offered digitally.

Mortgage Introducer

Property prices 42% higher in areas with lots of residential gardens

There is a lot more to a garden than having well-kept grass.


Brexit will make getting a mortgage harder, says a third of the self-employed

May 25, 2018

They have a mixed attitude towards the UK’s departure from the European Union, as two thirds (63%) reckon it’ll have no direct impact on their business, but over half (52%) expect it to have a negative impact on the wider economy.

Principality launches Help to Buy England product

May 25, 2018

The building society launched into the England new build scheme in May.

buy-to-let News

Pepper Money revamps buy-to-let range

May 24, 2018

The biggest reduction is 0.60%, on a 5-year fixed rate up to 80% LTV on the Pepper 24 range, which is available to landlords who have not registered a CCJ or default in the last 24 months.

Sainsbury’s Bank launches into buy-to-let

May 24, 2018

The bank is launching 2 and 5-year fixes with purchase and remortgage options, with lending being available up to £1m to 60% loan-to-value and £500,000 up to 75% LTV.

Mark Graves

Why it’s important to review our routines

Could now be a good time to re-evaluate the service your clients receive from you?

Paul Hunt

Take calculated risks, this doesn’t mean being rash…

Brokers need to do more to retain customers.

Paresh Raja

Thinking creatively when it comes to financing your next property purchase

Paresh Raja (pictured), chief executive of Market Financial Solutions Even amidst rumours of its demise, it is undeniable that the UK’s real estate sector is…

Mortgage Introducer

The emergence of near prime

Terms such as near prime, complex prime, credit repair and impaired credit – amongst others - have been created to reflect a modern lending environment and help differentiate between a variety of borrowing needs.


Paragon grows new mortgage lending by 23% in H1

May 24, 2018

Paragon grew total mortgage lending by 23% to £721m in the six months to 31 March 2018 compared to the same period last year, half-year results showed.

The Mortgage Works cuts trackers and launches 10-year fix

May 23, 2018

Following the cut tracker rates now start at 1.49% to 65% loan-to-value with a £1,995 fee, with borrowers being able to switch to a fixed rate without incurring early repayment charges.

PMS and Sesame adds Swansea Building Society to lender panels

May 22, 2018

PMS Mortgage Club and Sesame Network have added regional lender Swansea Building Society to their respective panels, providing members and their customers with access to its range of residential and buy-to-let mortgage products.

Ryan Fowler

Three cheers for the Land Registry

The Land Registry should be commended for working to bring the first digital mortgage deed to fruition

Matt Long

Affordable housing isn’t a pipedream, it’s real

Matthew Long is senior business development manager at Newbury Building Society Affordable housing isn’t just for first-time buyers. Many of our customers will go through…

Mortgage Introducer

Five homes the mainstream banks don’t want people to buy

If you’ve ever dreamt of buying a penthouse flat in the city centre or a traditional thatched cottage in the countryside, getting a mortgage on these properties from the high street banks could be harder than you think.