Category: Residential Mortgages
Eastgate has nearly 30 years’ experience in financial services, having held senior positions at Saffron Building Society and Experian prior to joining OneSavings Bank.
Steve Robinson, head of lending at Marsden Building Society, said:“Especially with older borrower cases, we were finding that intermediaries were often querying exactly what’s needed to confirm affordability so we put together our checklist to help to reduce any time spent back and forth for intermediaries and their clients.”
This funding will allow Kensington to fund almost £1bn worth of new originations, securing funding for buy-to-let and owner-occupied originations as far into the future as January 2021.
SmartrCriteria will provide brokers with access to a wide range of criteria and follow up questions, to arrive at the best possible outcome for their clients as quick as possible.
The Bristol-based team wrote a total of 126 deals last year and the business anticipates similar growth for the region in 2019.
Adams starts as sales director after joining from Santander UK.
The Durham-based bank is said to be on the verge of appointing Citi to advice its board on options for the business.
Knowledge Bank has launched Knowledge Insights, instant data for the mortgage industry on what mortgages brokers are searching for.
Brokers feel Brexit and stagnant house prices will not negatively affect the lending market, with only 2.5% of professionals in the sector expecting to see sales decline.
First-time buyers with a 25% deposit have access to over six times as many mortgage products as those who are only able to put a 5% deposit down, mortgage insurer AmTrust’s latest mortgage LTV tracker has found.