Its current range of remortgage products has a maximum 90% LTV. All of Accord’s 95% LTV remortgages will come with a range of additional features including cashback on completion, free standard valuation, free legal fees and low or no product fees.
Since forming in 2016, the group has driven a number of improvements across the market and influential in the introduction of industry initiatives such as, the Funeral
Younger households are more likely to rent privately than older households; in 2017 those in the 25 to 34 years age group represented the largest group (35%).
Roe joined The Nottingham in April 2018 as chief risk officer and is accountable for the design of the society’s risk monitoring plan. He joins fellow executive directors David Marlow and Dan Mundy.
While it could be a difficult year for the bridging market, they believe Octane, which launched in May 2017, is well placed to grow despite the difficult conditions.
The revamped residential range includes a 5-year 95% LTV fix for purchase at 3.43% with no fee or 3.34% with a £495 fee, while for buy-to-let customers there’s a 5-year fix, available for both purchase and remortgage at 2.02% to 60% LTV with a £1,995 fee.
This is to help advisory firms across Sesame Network, PMS Mortgage Club and Bankhall to bolster their staff development and recruitment.
At 60% FTV (40% deposit) the discounted variable rental rate was reduced to 3.14% and the fixed rental rate was cut to 3.44% while at 70% FTV (30% deposit) the discounted variable rental rate was reduced to 3.24% and fixed rental rate was reduced to 3.54%.
Dan Payne, managing director at Fluent Mortgages, believes this year will be good, if not challenging.
Shawbrook has appointed Daniel Standing to its commercial mortgage’s sales team as regional development manager for London and the South East.