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Category: News

deposit

In the North East, a 5% deposit would require a savings pot of £10,653 for the average new-build homebuyer in the region.

green lending greener homes

The Greener Homes Alliance will commit £175m, providing both loan finance and expert support to SME housebuilders.

Rex proptech lenders platform

This will incorporate a full two-way API to help support and speed up the advice process, sourcing and delivery.

carbon neutral

Looking ahead, Gatehouse plans to lock in the reduction of carbon emissions related to business travel seen during the pandemic.

stamp duty

Stamp duty receipts for September were £1.3bn, taking the total receipts for the year so far to £8.9bn.

cut rates

Franco Di Pietro, head of intermediary mortgages at Newcastle Intermediaries, said: “We’re always listening to broker feedback and looking for ways to improve our product and proposition offer.”

Leeds Building Society

Leeds Building Society has joined recent additions Hinckley and Rugby for Intermediaries, Halifax, Accord Mortgages, and TSB.

hmrc

John Phillips, national operations direction at Just Mortgages, said: “As the UK housing market steadily edges closer to normality, property transactions are returning to familiar levels.”

diversity

AMI has launched its second Viewpoint report, which looked at diversity, inclusion and equity in the mortgage industry.

The deal includes a free valuation and no application fee, and has a maximum loan amount of £1m up to 75% loan-to-value (LTV).