FEATURED NEWS

Yorkshire and the Humber has the highest annual house price growth

May 22, 2019

In the Yorkshire and the Humber prices increased by 3.6% in the year to March 2019, this was followed by the West Midlands (3.4%). In London prices fell by 1.9% over the year to March 2019, up from a fall of 2.7% in February 2019.

The West Midlands sees highest rental growth

May 22, 2019

The typical rent in the region increased by 4% in the year to April, reaching an average of £641.


News

Arbuthnot Latham launches short-term finance division

May 22, 2019

Shoaib Bux and Yasin Patel lead the division as joint managing directors, totalling 25 years’ experience in the specialist lending industry, having previously both been divisional directors at Amicus, in addition to launching Mayfair Bridging in 2007.  

Funding 365 cuts bridging rates

May 22, 2019

These pricing levels apply to loans up to 60% and 75% loan-to-value respectively.

Furness launches 2-year fix

May 22, 2019

The rate is 1.39% and there’s a fee of £1,250.

Take our new Mortgage Introducer Weekly News Quiz

May 22, 2019

Our quiz will be based on the past week’s mortgage stories.

Blogs

Mortgage Introducer

A new development for lender affordability models

Like intermediaries, lenders struggle to understand the complex affordability landscape.

Mortgage Introducer

We need to talk about mental health in finance

The only way to bring the issue under control is to bring it out into the open.


Kensington Mortgages integrates with Twenty7Tec’s MortgageApply

May 22, 2019

Users of MortgageApply will now be able to submit mortgage decision-in-principle applications to Kensington via API, without the need to re-key data onto the Kensington portal.

Private rental prices up 1.2% across the country

May 22, 2019

In England, private rental prices grew by 1.2%, Wales experienced growth of 1.1%, while in Scotland private rental prices increased by 0.7% in the 12 months to April 2019.

More first-time mortgages completed across the country

May 22, 2019

In the first quarter, there were 2,440 new first-time buyer mortgages completed in Northern Ireland, 11.4% more year-on-year, 6,760 in Scotland, 4.5% more than in the same quarter in 2018, 9,410 completed in London, up 1.6% year-on-year and 3,450 in Wales, up 1.2% year-on-year.

buy-to-let News

The West Midlands sees highest rental growth

May 22, 2019

The typical rent in the region increased by 4% in the year to April, reaching an average of £641.

Private rental prices up 1.2% across the country

May 22, 2019

In England, private rental prices grew by 1.2%, Wales experienced growth of 1.1%, while in Scotland private rental prices increased by 0.7% in the 12 months to April 2019.

Ryan Bembridge

Why now is the time to discuss 5-year fixed rates

In the current environment, longer term 5-year fixed rates are becoming increasingly popular.

Alice Watson

Using pensions and equity release could offer people a better inheritance

For many this reluctance to treat their property as a source of wealth is all that is holding them back from making the most of the pension changes.

Mortgage Introducer

Brexit means it’s never been more important to choose the right lender

We have observed a definite trend for many seeking to either buy or sell prime real estate in London and the South-East to adopt a “wait and see” approach.

Jeff Knight

The importance of competition

Sadly Manchester City didn’t falter but competition is good for the game, and the same applies to the buy-to-let market.


Half of landlords likely to leave private rented sector

May 22, 2019

These findings are seen as a result of government’s plans to end of Section 21 repossessions, under which landlords can repossess properties on grounds such as rent arrears or anti-social behaviour.

Paragon sees 16% increase in mortgage lending

May 22, 2019

Buy-to-let business dominated new mortgage lending, up by 17% to £788m, benefiting from Paragon’s focus on professional landlords with larger portfolios.

The main growth areas are specialist resi and buy-to-let

May 21, 2019

Sedgwick said education is needed to help brokers understand specialist areas. Vida provides webinars, workshops and regional blogs by key account managers.

Martin Cheek

Regtech – what is it and why does it matter?

Regtech is one if the fastest growing industries in the world.

John Dobson

What should brokers be doing to comply with money laundering regulations?

Brokers and networks may find that if they do not have proper money laundering processes in place, lenders will not work with them.

Neal Jannels

Mortgage tech must be fit for purpose

Systems and solutions should not come to market with promises of what they will do but what they can already do.