Category: Residential Mortgages

SmartSearch has more than 3,500 customers that use the system as a standalone AML solution, but increasingly customers are now looking to perform a SmartSearch via their existing CRMs.

Nationwide Intermediary Solutions scooped Lender of The Year, Carrington took home Overall Broker of the Year and Aldermore won Specialist Lender of The Year.

The ‘Unencumbered Restart Mortgage’ is designed to raise cash for purposes like funding home improvements, purchasing an investment or buy-to-let property and consolidating unsecured debt.

Gary McGregor, who was head of Scottish Widows Bank, is taking another role in Lloyds Banking Group.

The platform will offer intermediaries the opportunity to provide insight on new products and services to help further improve their overall experience.

He works with building societies, and has over 30 years’ experience in law, specialising in advising building societies and other financial mutuals on corporate, constitutional, governance and regulatory issues.

Land Registry data showed Aberdeen is offering the biggest discount year-on-year, with the price of flats in the Scottish city dropping annually by 7.5% in the last quarter. The price of flats in St Albans decreased by 5.3% and in Middlesbrough they fell by 4.6%.

Private Label will provide brokers with a boutique service to help place residential first charge cases of more than £500,000, which will often include circumstances such as complex incomes, non-standard property types, foreign nationals or the need for higher income multiples.

The factory, which is 50,000 square feet, will help complete London’s first modular commuter village being constructed in Corby, Northamptonshire.

The Your Move House Price Index showed that price growth was led by Wales, where it increased by 3% annually.