Overall, among the top 10 networks by size, six grew, and four contracted.
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Proving income and affordability are main expat mortgage challenges, say brokers
Brokers have cited proof of income and affordability checks through overseas tax returns and payslips as the biggest hurdles to sourcing products for expat borrowers. However, they prided themselves on being valuable in finding the right lender.
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Service charges remain top issue for shared owners, LEASE report finds
The report highlighted a range of issues affecting shared owners, including service charges, repairs, building safety and leasehold-related matters.
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Halifax and YBS cut rates; Bucks BS refreshes three-year pricing – round-up
Halifax has announced rate reductions of up to 0.1%, going live on 9 October.
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LMS appoints Robinson as permanent CEO
Robinson had been serving as interim CEO since June.
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YBS lowers rates by up to 0.50%
Yorkshire Building Society has reduced rates across the board on its mortgage range. Changes include reductions of up to 0.50% on five-year fixed-rate mortgages for borrowers buying a home with just a 5% deposit, with selected rates reduced by up to 0.29% for those remortgaging.…
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Air and Mortgage Brain partner to widen sourcing options for older borrowers
Advisers using Mortgage Brain will be able to access Air’s sourcing platform
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BMPAN launches industry standard to support racial equity in mortgage sector
BMPAN said the framework is designed to provide organisations with a practical approach.
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Lenders to seek business as demand slumps in Q3 – BoE
Lenders reported that mortgage demand for house purchases and remortgage fell in Q3, but predicted this would rebound over the last three months of the year.
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CapitAll Finance joins the BDLA
The lender offers bridging, refurbishment, commercial and semi-commercial property finance.
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