Jake Carter

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

In comparison just 28% do not think they should, the data shows.

Prior to the pandemic, the average value of mortgage approvals was £12.6bn per month, with a total of £264.4bn worth of mortgages approved between May 2018 and Jan 2020.

Assured Futures is working with four ASU providers, National Assurance, Paymentcare, Income Bee and Income Secure, to offer one year ASU cover via a panel.

affordability calculator

Paul Broadhead, head of mortgage and housing policy at the BSA, said: “We welcome the Financial Policy Committee’s intention to withdraw the affordability stress test for new mortgages.”

launch

The lender has added two 90% LTV fee-assisted products for residential borrowers, with no application fee, no product fee and one free valuation.

interest rates mortgages

Simon Broadley said: “Until the last couple of weeks, an interest rate rise felt almost inevitable. So much so, that many mortgage lenders have already priced in such a rise.

The products offer borrowers in the LA postcode area a rate 0.3% lower than the comparative products in the range, and a free valuation.

btl mortgages

However, in 2004 the average branch had 52 properties for sale and was meeting the demand. Whereas in October 2021 this figure reached just 21.

cashback

As a result of this increase, second charge lending has now surpassed the £1bn mark.

increasing rents uk finance

UK Finance said the main driver of lending in 2021 was for house purchases at £200bn, up 53% on 2020.