Category: Residential Mortgages
South East drives demand
Phil Jeynes, sales and marketing director at Underwriteme, considers the value – or lack thereof – of being a single tie protection broker.
Industry heavyweights have expressed concern that brokers and conveyancers ensure they are adhering to the Mortgage Credit Directive which came into force today.
Asking prices for homes in England and Wales are now over 50% higher than they were 10 years ago after passing £300,000 for the first time, Rightmove data suggests.
Sesame and PMS have launched an exclusive fixed rate product from Skipton Building Society available for purchase customers up to 85% loan-to-value.
Sesame has launched a specialist finance panel to broaden its members’ access to second charge mortgages, residential and buy-to-let packagers, commercial mortgages and bridging loans.
Virgin Money has cut rates across its buy-to-let and residential mortgage ranges.
Government plans to sell off its Bradford & Bingley mortgage book may see taxpayers get a bad deal if Basel proposals to increase capital requirements go ahead, Peter Williams has warned.
Despite the introduction of the Lifetime and Help to Buy ISAs first-time buyers will still struggle with the rising cost of renting, SDL group commercial director Rob Clifford has said.