Category: News
Simon Harrington said: “The FCA has clearly identified issues within the AR model which are not working well for consumers.”
Landbay has repriced its limited edition range of 5-year fixed rate buy-to-let (BTL) remortgage products.
Andy Halstead, chief executive at HomeLet & Let Alliance, said, “2021 has been a strange year, with the effects of the pandemic still being seen across the housing market.”
Paresh Raja, chief executive of MFS, said: “The first two months of our BTL pilot have gone extremely well, we’re delighted with the number of solid enquiries we’ve had, and it’s great to see deals already coming to fruition.”
The awards showcase examples of those aged 10 to 21 who have found inspiring ways to further their education or boost their career aspirations in 2021.
The FCA’s proposed changes to the regime aim to address the harm arising in this market, while retaining the cost, competition and innovation benefits the AR model can provide.
LendInvest has also repriced its bridging product range, with rates starting from 0.49%, and LTVs up to 75%.
Data also shows that as a proportion of the mortgage market in November 2021, remortgages accounted for 43.4%, while purchases accounted for the remaining 56.8%.
Ross Turrell, commercial director of CHL Mortgages, said: “The specialist BTL marketplace continues to see sustained levels of interest and enquiries from investors, developers and landlords who are looking to take advantage of rising tenant demand.”
Andrew Marsland has joined as regional account manager for the North and Midlands.