In London itself rental declines have bottomed out amid rising demand, reaching -3.8% in July, from -9.8% in February.
Ahauz will lend first-time buyers an equity loan up to 25% of the property value in addition to their primary mortgage, allowing them to access lower loan-to-values (LTVs).
Natalie Summerson, sales and marketing director at British Friendly said: “We are delighted to be able to reintroduce these options as we start to build a more inclusive offering at a time when income protection is becoming increasingly relevant and valuable.”
Legal & General Mortgage Club has appointed Aviva to its lender panel giving its members access to two equity release lifetime mortgage products, including a lump sum and drawdown option.
Contact State works with product providers, financial intermediaries and performance marketing agencies in the life insurance, health insurance and mortgage sectors.
Wales remains the strongest performing area, with annual house price inflation at 11.6% and the only double-digit rise recorded in the UK during August.
Castle Trust Bank has appointed a pair of new business development managers.
After two weeks of intense activity in the kitchen, Connect Mortgages’ showstopper received the most LinkedIn likes out of all the entries which were based on a specialist lending theme.
The Tipton has appointed Laura Carr (pictured) as business development manager for London and surrounding areas.
CHL Mortgages has expanded its distribution panel with the addition of mortgage, protection and investment network In Partnership.