UK Property & Short-Term Finance Insights
CHL Mortgages and Moda Mortgages are set to withdraw their current mortgage product ranges on 16 September. Both lenders say that replacement products will come with higher rates. CHL Mortgages will withdraw its current buy-to-let range, including product transfers, at 5pm on 16 September. The…
The post CHL Mortgages and Moda Mortgages to withdraw products ahead of rate increases appeared first on Mortgage Strategy.
Recognise Bank has appointed Ronelle Arbib as its new chief revenue & operations officer (CROO). In the newly-created role, Arbib will bring together Recognise Bank’s lending and savings, operations, product and marketing functions. The new structure is meant to let Recognise Bank identify and respond…
The post Recognise Bank appoints Arbib as CROO appeared first on Mortgage Strategy.
Barclays is making sweeping increases of 20 basis points across its residential purchase range tomorrow. The lender is raising rates by the same amount on 39 purchase-only deals. Among the changes, Barclays market-leading two-year fixed at 60% LTV with an £899 fee will jump from…
The post Barclays joins wave of repricing with 20bps rate hikes appeared first on Mortgage Strategy.
Richard Walker has joined Nationwide as head of intermediary sales and new build. Walker will lead the intermediary sales teams across Nationwide, helping shape its engagement with intermediaries and working closely with brokers. He will also be responsible for new-build sales activity across Nationwide. Walker…
The post Richard Walker joins Nationwide as head of intermediary sales appeared first on Mortgage Strategy.
Major lenders including NatWest, Santander, HSBC, Lloyds, Nationwide and TSB have hiked rates for a second time since the start of September. Average rates are now 89 basis points higher than they were at the beginning of March when the impact of the war in…
The post Biggest lenders make second major round of rate hikes this month appeared first on Mortgage Strategy.
The mortgage market has become increasingly interested in 50-plus borrowers.
The post Mind the gap: The overlooked middle in the 50+ mortgage market – Pagan appeared first on Mortgage Solutions.
Activity in the housing market may weaken in Q4 as agreed sales have fallen by more than 5% for the last four months, industry data showed.
The post TwentyCi sounds alarm as agreed sales fall for fourth month running appeared first on Mortgage Solutions.
Significant repricing has been seen in September, and a finance expert warns “mortgage pain shows no sign of easing”.
The post Second wave of hikes among ‘growing concerns surrounding inflationary pressures’ – Moneyfacts appeared first on Mortgage Solutions.
The lender has announced its foray into commercial mortgages.
The post Alternative Bridging Corporation launches commercial mortgage subsidiary appeared first on Mortgage Solutions.
Most clients do not fully understand how later life lending can mitigate their IHT bill, and law firms are asked to take more responsibility
The post Clients ‘unaware’ of later life lending’s role in IHT planning appeared first on Mortgage Solutions.