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Category: Buy-to-let

IRESS makes MCD changes

IRESS has updated its technology solutions in preparation for the Mortgage Credit Directive coming into force on 21 March.

John Charcol has selected MortgageBrain Anywhere as its preferred mortgage sourcing technology solution.

BTL

Paragon Mortgages increased its buy-to-let lending by 80.6% in the fourth quarter of 2015 year-on-year to £400.9m.

The average London couple can’t start a family because of the cost of renting, the charity Generation Rent has claimed.

Barclays could be next in line to join HSBC in ending its membership with the Council of Mortgage Lenders by the end of 2016.

Bracknell-based Foundation Home Loans has appointed Emma Lightfoot as marketing manager.

The Bank of England has named Andrew Bailey as the new head of the Financial Conduct Authority.

Financial innovators wanted

The Finance Innovation Lab is looking for applicants for a six month Fellowship programme combining business strategy workshops, peer coaching and leadership development.

taxation

Charter Court Bank, the bank that owns Precise Mortgages and Exact, is hoping to achieve between £400m and £500m from a potential sale, The Times reports.

Former Aldermore boss Colin Snowdon will be joining Pepper Homeloans from the beginning of February.