Category: Residential Mortgages
The deals are being offered on Pepper 48 and Pepper 36, which are suitable for clients who have not had a CCJ or Default in 48 months or 36 months respectively.
Mortgage Introducer has launched the Broker Experience Study – the biggest piece of broker research conducted for a number of years.
Sarah Coles at Hargreaves Lansdown said the current property boom will likely continue even after the end of the stamp duty holiday.
For new business, the core range for purchases has seen rate reductions of up to 25bps and 28bps on 2 and 5 year deals respectively.
Directly authorised (DA) brokers who are members of TMA will now have access to Market Harborough’s range of specialist products, with a focus on holiday lets and remortgages.
Some £89bn was advanced – over double the amount seen during the same period in 2020.
The accolade reflects the bank’s activity in the build to rent (BTR) market, along with its home finance products.
Nick Chadbourne, CEO at LMS, said: “The remortgage market witnessed an overwhelmingly healthy Q2, with continued growth across all key indicators.”
Trussle’s internal data for mortgage applications submitted in August 2021 found that some high street lenders are taking 15 days or more to process applications.
Despite official denials of any plans for an October lockdown, there are concerns that there may be some kind of restrictions in October, which may cause disruption to business operations and create a potential opportunity for organised crime to exploit.