The number of people either switching to an interest-only mortgage or extending their term to reduce payments rose to 22,400 in Q2.
The post More use Mortgage Charter measures to manage payments in Q2 – FCA appeared first on Mortgage Solutions.
Rental arrears hit low but landlords cite void challenges
The proportion of landlords who say they are experiencing rental arrears has fallen to a low, with just 26% reporting arrears in the last 12 months.
The post Rental arrears hit low but landlords cite void challenges appeared first on Mortgage Solutions.
90%-plus LTV lending at highest since financial crisis – BoE
The share of new mortgages advanced in Q2 with a loan to value (LTV) above 90% stood at 8.4%, a 0.4 percentage point (pp) rise since the previous quarter and the highest share of this lending since the same period in 2008, data from the central bank showed.
The post 90%-plus LTV lending at highest since financial crisis – BoE appeared first on Mortgage Solutions.
GB Bank joins FIBA as lender partner
GB Bank has become a lender partner of the Financial Intermediary & Broker Association (FIBA).
The post GB Bank joins FIBA as lender partner appeared first on Mortgage Solutions.
Bridging finance is maturing and brokers are central to its future – Lau
The UK bridging market is in good health, but that doesn’t mean it is free from pressure.
The post Bridging finance is maturing and brokers are central to its future – Lau appeared first on Mortgage Solutions.
Cornerstone names Brown as senior commercial manager for Midlands
Cornerstone Commercial Finance has announced the appointment of Steve Brown as senior commercial manager and registered individual (RI).
The post Cornerstone names Brown as senior commercial manager for Midlands appeared first on Mortgage Solutions.
Goldie leaves Aldermore after three years
Nicola Goldie is leaving her role as head of strategic partnerships and growth at Aldermore Bank after three years.
The post Goldie leaves Aldermore after three years appeared first on Mortgage Solutions.
Cawood announces departure from Streambank
Roz Cawood has announced she has left her role as managing director of property finance at Streambank after three years.
The post Cawood announces departure from Streambank appeared first on Mortgage Solutions.
Low deposit mortgage share hits 18-year high
The proportion of low-deposit mortgages being issued has reached an 18-year high, new data from the Bank of England has revealed.
The post Low deposit mortgage share hits 18-year high appeared first on what MORTGAGE.
Will overtime be included in my mortgage application?
Do mortgage lenders include overtime when assessing your how much you can borrow? Darren Polson explains a bit more about affordability calculations in his latest Q&A
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