Tag: Legal and General Mortgage Club

For remortgage there are just 85 products from eight lenders.

Households borrowed an extra £3.9bn secured against their homes in September, following slightly weaker flows in July and August of £3.3bn and £3.1bn, respectively, The Bank of England’s Money and Credit statistics showed.

Average house prices rose by 3.1% in the year to July 2018, the lowest annual rate since August 2013 when it was 3%, the ONS House Price Index has found.

Family step offers a mortgage solution up to 100% loan-to-value with no need for borrowers to have a deposit and access to rates lower than the usual 90-95% LTV. Clients need family assistance to support with savings or property to help their loved ones make the step onto the property ladder.

In this newly created position, she will be responsible for broadening its distribution reach with mortgage advisers. Catch joins from her role as relationship and development manager at Legal and General Mortgage Club, where she focused on developing the club’s later life proposition.

From today, new build mortgages are available to all brokers registered to submit business with Bank of Ireland for Intermediaries. The proposition includes the Help to Buy: Equity Loan scheme and will be launching in England, Wales and London.

Landbay will offer their members products for portfolio landlords, HMOs, MUFBs, first-time landlords, limited companies and new build properties at competitive interest rates.

From the end of May Principality will offer mortgages, through intermediaries only initially, to support those buying a new build property via the government-backed Help to Buy England scheme.

Legal and General Mortgage Club has launched later life lending courses for brokers, in collaboration with Retirement Advantage and Pure Retirement.

Proof of rental payments should be allowed as evidence of affordability for a mortgage despite the government dismissing the idea, according to industry stalwart Ray Boulger.