Jake Carter

Jake Carter is News Editor of Mortgage Introducer, Bridging Introducer and Specialist Finance Introducer
proptech platform

The calculator is available on the Scottish Building Society website for intermediaries to use.

FCA

LIBOR is currently based on submissions provided by a panel of banks, mostly based on estimates intended to reflect the interest rate at which banks could borrow money on unsecured terms in wholesale markets.

carlos thibaut smp

Carlos Thibaut said: “Following the illustrious David Thomas as chair of the Society of Mortgage Professionals will be a considerable challenge but one that I’m looking forward to.”

platform digital

Launched in May this year, CAR is an early-warning system, exclusively-available to Stonebridge appointed representative (AR) firms and their mortgage advisers.

TMA brokers will now have access to The Cambridge’s range of products, including Help to Buy, shared ownership and its 95% loan-to-value (LTV) mortgages.

halifax house price

There were an additional 151,040 transactions in the first six months of this year, in contrast to the same period in 2020, where 114,030 home moves took place.

cut rates

For residential borrowers, notable products include a 5-year fixed rate of 2.69% (was 3.29%) for new build house purchases at 90% loan-to-value (LTV), which comes with a £495 fee, £250 cashback and free standard valuation.

cashback

This will defer those costs into the next financial year as the losses that would have to be compensated have not yet materialised as firm failures have not yet crystallised.

mortgage education

FIBA and the ASTL are working with The London Institute of Banking & Finance (LIBF) on the creation of a series of optional e-learning modules that will be recognized through the award of an LIBF digital badge and accredited for CPD purposes.

revenue

For holiday lets, the average maximum loan available so far this year has been £401,384, while the average minimum loan is £164,119. This is a difference of £237,265.