FEATURED NEWS

UTB and Iron Bridge team up to fund multi-unit Hertfordshire development

December 18, 2018

Specialist lender United Trust Bank and Iron Bridge Finance, the London-based mezzanine development lender, have jointly funded a multi-unit development in Hemel Hempstead, Hertfordshire.

Pepper Money makes Clare Jarvis head of intermediary distribution

December 18, 2018

Jarvis will have responsibility for national accounts, telephony sales, sales support and a team of regional development managers.


News

68% of brokers think Base Rate had no impact on their businesses

December 18, 2018

The Base Rate currently stands at 0.75% following an increase from 0.50% on 2 of August this year.  The rate was increased from 0.25% to 0.50% on the 2nd of November 2017.

BSA: Brexit dominates fears about 2019

December 18, 2018

More than half of the population (53%) see Brexit as the biggest single risk to the market in 2019.

LV= allows holiday homes to be rented out for longer under equity release policy

December 18, 2018

LV= has updated criteria for its lifetime mortgage lump sum+ policy so holiday homes can be rented out for up to four weeks at a time.

Mint Bridging hires head of lending

December 18, 2018

Mint Bridging has promoted Richard Showman from head of underwriting to the newly created role of head of lending.

Blogs

Mortgage Introducer

Lending in France – a challenge or opportunity?

Bridging loan wise, there are almost no international lenders to meet the demand of these borrowers.

Nicola Firth

What a difference a year makes…

We’re happy that we’re playing our part.


Metro Bank hires director of lending products

December 18, 2018

Metro Bank has appointed Andy Piggott as director of lending products, reporting to the bank’s chief commercial officer, Paul Riseborough.

Penrith BS joins L&G’s panel

December 18, 2018

Initiatives such as joint borrower/sole proprietor, guarantor buy-to-let, holiday let and retirement interest-only, will be available to selected L&G Mortgage Club partners.

Loughborough Building Society launches family buy-to-let mortgage

December 18, 2018

Available for remortgage and purchase, the new product is available up to 80% LTV and rental coverage is calculated as per standard buy-to-let.

buy-to-let News

Penrith BS joins L&G’s panel

December 18, 2018

Initiatives such as joint borrower/sole proprietor, guarantor buy-to-let, holiday let and retirement interest-only, will be available to selected L&G Mortgage Club partners.

Loughborough Building Society launches family buy-to-let mortgage

December 18, 2018

Available for remortgage and purchase, the new product is available up to 80% LTV and rental coverage is calculated as per standard buy-to-let.

Andrew Turner

Buy to let changes for 2019

There is plenty for landlords to ponder heading into 2019, as Andrew Turner, chief executive at specialist buy to let broker, Commercial Trust, explores.

Paul Hunt

Sod it, Merry Christmas

Before I put down my pen for 2018, I’ll leave you with this thought.

Mortgage Introducer

Brace yourselves! 2019 could be 2009 all over again

And so the end of another year approaches, as ever surprising many of us in the process. But as we edge closer to the finish line tape of 2018, you sense next year could deliver no end of curveballs at best. And a black swan at worst.

Jonathan Newman

Is the short-term lending market robust enough to deal with the fallout from Brexit?

What a mess! Most people provisioned for uncertainty, not many for huge internal political chaos, but that’s where we are.


RLA urges government to scrap Right to Rent

December 18, 2018

It is calling also for urgent guidance to be issued by the government providing clear information for landlords about the rights of EU citizens to rent property, especially in the case of a no deal Brexit.

Take Me Home reaches top 10 on Amazon download chart

December 17, 2018

Just a few days after its release, the song at one point topped the list of Amazon Music’s Movers and Shakers. It is available to download on Amazon, Google Play and now also iTunes. It’s also available on Spotify and streaming the song will help towards its chart position.

Teachers Building Society launches holiday let mortgage

December 14, 2018

Teachers Building Society has launched a 2-year discounted variable rate holiday let mortgage for the purchase and remortgage of properties up to 75% loan-to-value.

Mortgage Introducer

That was the year that was

A year of many highs and lows.

Mortgage Introducer

Christmas and New Year considerations

This is a great time for intermediaries to conduct client catch-ups and planning appointments in preparation for 2019, looking at income, life, family or home cover.

Mortgage Introducer

Why I am delighted by the SRA’s new transparency rules

Are the days of ‘hidden surprises’ truly behind us? For the sake and credibility of our industry, I sincerely hope so!