Ryan Bembridge

Mortgage broker SPF Private Clients has launched a division specialising in high value new build called SPF New Homes.

Legal & General has updated its Mortgage Credit Directive Matrix to provide information on lenders’ plans.

Kensington joins TMA panel

Kensington has been appointed to TMA’s panel of lenders.

“Scott’s expertise of the lender, house builder and SME markets will greatly add to the knowledge and experience already within the team.”

Nationwide has cut a selection of 95% loan-to-value rates – as 2-year fixes stand at 3.89% with a £999 fee and 4.29% with no fee after a 0.35% reduction.

BTL

Keystone Buy to Let Mortgages has set Friday 29 January as a cut-off date to beat the 3% stamp duty surcharge coming in from 1 April 2016.

Leeds Building Society will offer Help to Buy London mortgages when the government scheme is launched at the beginning of next month.

Bridging loans have provided investors higher annual returns than other alternative investments such as fine wine and art, research from West One Loans claims.

First-time buyer activity strengthened in 2015 as transactions rose by 23.7% in the year to November 2015.

Mortgage lending increased by £3.9bn in November – up from an average monthly increase of £3.1bn over the previous six months.