Jake Carter

Jake Carter is News Editor of Mortgage Introducer, Bridging Introducer and Specialist Finance Introducer
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The buy-to-let division of West One Loans has introduced two 5-year fixed rate products as well as reduced pricing across its standard and specialist product ranges.

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Accord Mortgages is set to add a host of remortgage products at 95% LTV as well as reduce rates across a variety of loan-to-values (LTVs).

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Alasdair McDonald, head of intermediaries at Furness, said: “With the staycation market increasing in popularity we’re sure brokers and their customers will welcome these lower rates.

ULS technology has agreed a three-year panel management contract with Legal & General Mortgage Club.

From today, Paradigm member firms will be able to access the Saffron’s mortgage products which cover its special situations range, everyday range and the buy-to-let range.

The provisional seasonally adjusted estimate of UK residential transactions in May 2021 was 114,940, 138.2% higher than May 2020, according to HMRC.

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The Treasury has taken £4.2bn in stamp duty so far in 2021, according to analysis of HMRC receipts by Coventry Building Society.

Over a tenth (12%) of UK homeowners aged 40 and above would consider releasing equity from their property to supplement retirement income, according to Canada Life.

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Metro Bank has added several 95% LTV fixed rate mortgage products as well as made reductions of up to 50bps.

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Paul Brett, managing director of intermediaries at Landbay, said: “Demand for HMO and MUFB finance has been picking up over the past couple of years as experienced landlords build up and diversify their portfolios.”