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Here is today's latest news from the world of mortgages and introducers. Join the debate by leaving a comment below a story. Remember, you will need to be logged-in to do this.

Breaking News

Freedom Finance launches new campaign against rising future interest rates

Freedom Finance has urged UK families to examine their finances after revealing that an average mortgage bill could increase more than £750 due to a future...

The Northview Group announces changes to portfolio BTL propositions

The Northview Group has announced changes to its portfolio buy-to-let lending criteria for both Kensington and New Street Mortgages. The changes come before the PRA’s update to...

TMA Mortgage Club and Skipton Building Society launch fixed rate BTL product

TMA Mortgage Club (TMA) has announced a two-year fixed rate of 2.49%, which will be available to appointed representatives of the First Complete and Pink networks,...

Foundation Home Loans raises maximum loan size to £1 million

Due to an increasing demand, Foundation Home Loans is increasing its maximum loan size across its buy-to-let range. Working exclusively through intermediaries, Foundation Home Loans has increased...

Right Mortgage Company signs five-year deal with Mortgage Brain

Right Mortgage Company (RMC) has agreed to a new five-year contract with Mortgage Brain following an evaluation of the industry’s mortgage sourcing and CRM providers. The company...

SMP announces autumn mortgage and protection roadshows

The Society of Mortgage Professionals (SMP) has revealed the dates and venues for its autumn mortgage and protection roadshows, beginning in Scotland on September 26. The six-part...

Half of BTL brokers still unware of upcoming PRA changes

Half of BTL brokers still unware of upcoming PRA changes Just over half (54%) of brokers believe that they fully understand what the PRA’s upcoming portfolio landlord...

Bluestone appoints new sales director following ongoing expansion

Specialist lender Bluestone Mortgages has announced the appointment of Steve Seal as director of sales and distribution as part of its product growth. Having officially joined in...

GDPR could speed up mortgage process, say SMP

The implementation of General Data Protection Regulation (GDPR) in May 2018 offers significant benefits for advisers, according to The Society of Mortgage Professionals (SMP). Vishal Pandya, head...

Customer service remains top priority when choosing a mortgage provider

When choosing a mortgage lender, customer service remains a “definitive priority” for borrowers, results from a Computershare survey found. Computershare, an Australian stock transfer company, conducted a...

Accord figures show a remortgage rush

Figures from Accord Mortgages show a jump in remortgage applications over the summer, with borrowers grabbing competitive mortgage deals ahead of the biggest maturity period in...

First-time buyers turning to specialist lenders

New data from mortgage lender, Vida Homeloans, found more first-time buyers are seeking lenders for deals that cater to their needs and are not available from...

Darlington Building Society launches discount mortgage to L&G Mortgage Club

Legal & General Mortgage Club has joined Darlington Building Society to introduce exclusive discount mortgages, aimed at first-time buyers, homeowners or borrowers looking to remortgage. The new...

more 2 life hits £1 billion lending milestone

Lifetime mortgage lender more 2 life has surpassed £1 billion of lending, along with a substantial total loan book value. According to figures released by the Equity...

Record August for The Mortgage Hut

The Mortgage Hut has seen a year on year rise of 30% in mortgage applications in August despite the traditional seasonal slowdown in the housing market...

‘Second steppers’ find it harder to move up the property ladder

Up to 18% of homeowner’s ready to climb the property ladder find it harder than buying their first home, according to the latest Lloyds Bank Second...

Skipton bolsters its interest-only range with rate cut across the board

Skipton Building Society is aiming to reduce the rates on its interest only mortgage range. The residential interest only range provides 60%, 70% and 80% LTV products...

Landlords urged to remortgage in response to tough BTL lending criteria

Landlords are being urged to remortgage in order to prepare for the reformed buy-to-let lending criteria due to be introduced in September. Buy-to-let (BTL) remortgage transactions, as...

Shawbrook drops rates on 55 Plus Interest-Only Mortgage

Shawbrook’s Residential Mortgages team announced that it has lowered the fixed and variable rates on its 55 Plus Interest-Only Mortgage. With interest-only finance affecting 1.3 million customers...

First-time buyers make up half of all property purchases in July

First-time buyers accounted for half of all home purchase valuations in July, according to the latest research from Connells Survey & Valuation. The portion of the property...

Efficiency in commercial architecture

President Trump’s withdrawal from the Paris agreement earlier this year doesn’t seem to have put a dent in a basic architectural desire to embrace sustainability.  The World...

TMA launches remortgage product via The Melton Building Society

TMA Mortgage Club is giving its members an exclusive fee-free 75% LTV discount rate deal following its partnership with The Melton Building Society. The three-year discount rate...

The Nottingham members to receive cash back rewards

Approximately 1,500 members of The Nottingham Building Society (The Nottingham) are to receive a share of a £70,000 ‘cash back’ reward for making sound financial decisions...

Record low in equity release leads to switching plans

A record low in lifetime mortgage rates is driving enquiries about switching plans from existing customers, Bower Retirement say. The specialist retirement agency found that 45% of...

Pepper joins forces with Intrinsic Network

Pepper Homeloans has been appointed to the mortgage lender panel of Intrinsic Network. Intrinsic will market Pepper Homeloans’ full range of residential and buy-to-let mortgage products that...

Accord launches £495 fee remortgage options

Accord Mortgages has revealed competitive remortgage options with a £495 fee and the benefit of additional features. The new products from the intermediary-only lender includes two-year fixes...

OneSavings Bank outlines plans for PRA portfolio landlord changes

OneSavings Bank (OSB) has announced its new lending criteria for portfolio landlords to help brokers prepare for the PRA Phase 2 changes coming into effect on...

Gifted deposits fall for both first-time buyers and investors

The number of first-time buyers and buyers of investment properties has fallen in the last two years, My Home Move say. First-time buyers accounted for 7% of...

New Street Mortgages launches new rates and free valuations

New Street Mortgages has announced an update to its buy-to-let range with numerous changes. The Northview Group lender has upgraded its five-year fixed rates and reversionary rates,...

ASTL members’ value of bridging loans exceed £3 billion

Members of ASTL have written approximately £3 billion worth of bridging loans in the last year, up from £2.8 billion for the year ending June 21...

ASTL appoints new speakers at its annual conference

The Association of Short Term Lenders has announced the first two speakers - Lorna O’Brien of the Financial Conduct Authority (FCA) and Peter Andrews of the...

Mortgage arrears and possessions fall again during second quarter

The number of mortgages in arrears has declined in the second quarter (Q2) of this year, being the lowest level since 1994. The number of mortgages in...

UK household wealth rises to over £10 trillion

Research from Lloyds Bank Private Banking shows that the total household wealth in the UK reached an estimated £10.5 trillion in 2016. The past decade has seen...

The Mortgage Hut adds range of new distribution partners

The Mortgage Hut has added new partners including Century 21, Taylor Hill & Bond, Aspire Estate Agents, Property Bee, Home Agency and IFA and Grovesnor Birch...

TMA launches ‘BTL Hub’ ahead of September PRA changes

TMA has launched a website to support advisers ahead of the Prudential Regulation Authority (PRA) changes coming into action on September 30 2017. The PRA is set...

L&G becomes the largest provider of lifetime mortgages

Legal & General Home Finance has become the biggest provider of lifetime mortgages in the first half of this year (H1). The lending company secured a 30%...

Castle Trust Capital announces PRA Phase 2 changes

Castle Trust Capital has announced the implementation of its PRA Phase 2 changes, which require a specialist approach to underwriting for portfolio landlords from 30 September. Currently,...

‘Persuasion is the key to second-charge acceptance’ – Fluent for Advisers

Argued reasoning is the best way to help second-charge lending gain greater traction in the wider lending market, according to Fluent for Advisers and Zing Mortgages. “In...

New survey shows alternative housing choices young people would make

A study revealed that a third of young people would choose to buy and live in a caravan if they couldn’t get on the property ladder. My...

It’s cheaper to buy than rent, says local mortgage adviser

Research from Mortgage Advice Bureau Swindon has found that it is cheaper for Swindon tenants to purchase a new property than rent from a landlord. As it...

Barking and Dagenham crowned top property renovation hotspot

The latest property renovation hotspots list revealed that Barking and Dagenham is the top location for an increase in renovation applications in the past two years. According...

Pepper cuts down rates on residential and buy-to-let ranges

Specialist lender, Pepper Homeloans, has cut interest rates across both its residential and buy-to-let mortgage ranges by up to 0.70%. All five-year fixed rates are now included...

Emotional ties to family homes stop retirees from downsizing

New research from equity release lender, more 2 life, has revealed that an emotional connection to their family home prevents retirees from downsizing. A survey of 205...

Legal & General joins the retirement housing sector

Legal & General has announced its development of Inspired Villages Group, an operator of later living accommodation which formed out of English Care Villages. The English Care...

Accord reduces rates on residential mortgages

Accord Mortgages has now added more choice to its product range by reducing rates at most LTVs and offering a new three-year option at 85% LTV. Part...

Bridging and development lender posts record results

Roma Finance, the Manchester-based bridging lender, has announced its most successful half year to 30 June 2017. Four of the six months were a record of consecutive...

Legal & General Mortgage Club Live returns this autumn

L&G Mortgage Club will be hosting another live conference in London this autumn following the success of last year’s event. Attendees will have a chance to hear...

Mortgage Advice Bureau has been added to the Mortgage Lender panel

Mortgage Advice Bureau (MAB) has become the latest network to be added to the Mortgage Lender’s distribution panel. Brian Murphy, head of lending, said: “We are delighted...

Amicus Property Finance strengthens Manchester team

Amicus Property Finance recently announced that it has appointed three new senior underwriters with long-standing banking experience. Alan Dorrington, Mark Heckles and Derek Wells will join a...

UK mortgage market surged in June

Fresh statistics suggest the UK’s mortgage market has been boosted again, with approvals for home lending up month on month and year on year during June. The...

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