STAY CONNECTED!
  
newsletter-button

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

TMA reveals new GDPR Knowledge Base for advisers

TMA Club has unveiled an online platform containing useful guides, infographics and FAQs regarding the General Data Protection Regulation (GDPR) changes ahead of the May 25...

Paragon launches online product switches for BTL mortgage customers

In a bid to make it easier to switch products, Paragon has launched a new online portal for buy-to-let mortgage customers and intermediaries. For the first time,...

Accord launches new remortgage options and reduces rates

Accord Mortgages has launched five competitive remortgage options for borrowers with a 25%, 20% or 10% deposit. The new remortgage range from the intermediary-only lender includes a...

Masthaven teams up with Legal & General to launch second charge range

Masthaven has launched its second charge mortgage range with competitive rates available via Legal & General Mortgage Club. With this partnership, Masthaven aims to provide it clients...

Shawbrook announces several appointments to its residential mortgage team

Shawbrook Bank has appointed Phill Tyson as head of credit, residential lending – further strengthening its residential mortgage team. Having been with Shawbrook since 2009, Maeve Ward...

Too busy? Let technology take the strain

It's only right and proper that as a mortgage adviser you spend most of your time helping your clients buy or keep their home by selling...

Over half a million households at risk of negative equity

Half a million households would be at risk of negative equity if there was a drop in the average UK house price of the scale seen...

Expat Packager partners with Marsden to bring competitive mortgage products

A new wave of residential products is being introduced to help mortgage brokers secure the best solution for their clients. Following the success of Expat Packager launching...

First Complete & Pink join forces to become Primis Mortgage Network

First Complete & Pink Home Loans, appointed representative networks of parent company LSL Property Services, have merged under a single brand: ‘Primis Mortgage Network’. Having operated under...

Chorley becomes latest addition to TMA Club’s lender panel

TMA Club has announced the addition of Chorley Building Society to its lender panel – offering its members access to a broad range of products, including...

M&S Bank launches first mortgage range to assist FTBs

M&S Bank has launched its first mortgage range and developed a first-time buyer range to support first-time buyers (FTBs). The bank’s first mortgage range marks its transition...

Mortgage costs increased during Q4 2017

The cost of mortgages is on the rise with the price of the majority of mainstream residential mortgages increasing during the last three months of 2017,...

Vida launches pilot for second charge mortgage range

Intermediary-only specialist mortgage lender Vida Homeloans has announced the launch of a pilot scheme in the second charge mortgage market. The ‘test and learn’ range offers residential...

Castle Trust launches new mortgage products with competitive prices

Castle Trust Capital has launched a new set of mortgage products – known as Series 2 – in line with the lender’s existing Series 1 product...

Together teams up with Paradigm Mortgage Services

Together has joined forces with Paradigm Mortgage Services to extend its specialist finance offering to members of the mortgage club. Paradigm provides intermediaries with access to procedures...

Metro Bank’s senior appointment bolsters mortgage team

Metro Bank has appointed Jeremy Cook as head of corporate relationships within its mortgage team. Cook will report directly to Charles Morley, director of mortgage distribution, oversee...

Mortgage product availability up by almost a quarter

The number of mortgage products available has increased by 24% over the last 12 months. According to data from Mortgage Brain, an additional 2,007 products were introduced...

Potential movers still undeterred by Brexit

Prospective home movers have been active in January and are failing to be put off by Brexit and last year's interest rate rise. This is according to...

Kent Reliance aims to meet broker demand with new appointments

Kent Reliance has announced three new appointments, which it says will help it cope with increased demand from brokers. The firm, which is part of the lending...

'Brokers confident of successful 2018, despite Brexit' - Shawbrook Bank

Commercial mortgage brokers are 'overwhelmingly upbeat' about their prospects for 2018, according to Shawbrook Bank. The bank's annual Broker Barometer found that 78% of brokers feel confident...

Legal & General Mortgage Club announces 2018 events schedule

Legal & General Mortgage Club has announced its 2018 calendar of events.  The half-day events, which take place across the UK, will provide intermediaries with insights into...

Landlords may need brokers now more than ever

Commercial Trust Limited is urging landlords to speak with specialist buy-to-let mortgage broker firms as many are considering remortgaging options once their initial fixed period ends. According...

More equity release options for ‘silver separators’

Many older divorcees are struggling to pay the mortgage post-split, according to figures from LEBC. The financial planning firm is placing greater focus on equity release options,...

Paragon extends buy-to-let range and launches new app

Paragon has launched a new CaseTracker app and extended its range of portfolio and non-portfolio buy-to-let mortgage products for the new year. Among the new portfolio buy-to-let...

Newbury Building Society launches new Shared Ownership variable product

Newbury Building Society has introduced a new variable rate product at 2.99%, further improving its Shared Ownership mortgage offering. While the product is available for purchasers with...

Expat Packager and Aldermore create specialist BTL mortgage deal

Following its new buy-to-let mortgage deal designed for British expats, Aldermore Bank has partnered with Expat Packager to make the product available to brokers. Eligible for both...

Newbury Building Society launches BTL affordability calculator

To work with lending stress tests, Newbury Building Society has launched a buy-to-let (BTL) affordability calculator which takes top-slicing into account. The Society aims to boost the...

Furness enhances its criteria for UK brokers

After listening to feedback from brokers, Furness Building Society has increased the maximum LTV in Scotland to 95% on standard residential cases and 80% LTV for...

Accord appoints new director of intermediary distribution

Accord Mortgages has announced the appointment of Jeremy Duncombe as its director of intermediary distribution. Having over 20 years’ experience in the financial services industry, as well...

Legal & General and Shawbrook team up for new product launch

Legal & General Mortgage Club has added two Shawbrook Bank products to its lending panel.   The products cater for second charge and later life borrowers who might...

New chair announced for Intermediary Mortgage Lenders Association

The Intermediary Mortgage Lenders Association (IMLA) has announced the election of a new Chair. Phil Rickards will take up the role from January 1.  Deputy Chair since 2015,...

Together teams up with SimplyBiz Mortgages and Personal Touch

Together has announced partnerships with mortgage club SimplyBiz Mortgages and broker network Personal Touch. SimplyBiz Mortgages – which was founded in 2002 - will introduce Together to...

Mortgage Trading Exchange processes over two million digital transactions

The Mortgage Trading Exchange (MTE), the single delivery channel for mortgage placement, has now processed over two million mortgage transactions since its launch.  Developed by Mortgage Brain,...

Mortgage prices fluctuate across the UK

Purchase prices varied across the UK, with some regions seeing prices increase both month on month and year on year, according to Mortgage Advice Bureau. The National...

Remortgaging reaches record levels, says lender

Remortgaging has reached a record high, rising to 39% of all mortgages, according to The Mortgage Hut. The number of remortgages has risen by 10% over the...

LSL Group and Leeds Building Society unite to launch exclusive BTL products

LSL Group has announced two exclusive five-year fixed rate products with Leeds Building Society. The buy-to-let products – with rates of 2.94% and 3.20% - will be...

Accord launches interest only repayment options for borrowers

Specialist lender Accord Mortgages has launched interest only repayment options to its residential mortgage range. New borrowers seeking up to 75% loan-to-value (LTV) who are able to...

Foundation Home Loans bolsters portfolio limits to £3m

The borrowing limits on Foundation Home Loans’ buy to let range has increased from £2 million to £3 million. There is no limit on the number of...

Nationwide becomes the newest member of the Equity Release Council

Nationwide is the latest building society to join the Equity Release Council (The Council) following its introduction to the lifetime mortgage market. This move demonstrates Nationwide’s support...

3mc introduces exclusive buy-to-let deal for HMOs

Specialist mortgage distributor 3mc has announced the launch of its exclusive two-year fixed rate buy-to-let mortgage deal. Funded by Precise Mortgages, the deal is available to all...

Skipton brings forth new fixed rate mortgages and rate reductions

Two new seven-year fixed rate mortgages and rate reductions of up to 0.10% have been introduced to Skipton Building Society’s residential range of products. The move aims...

Paragon temporarily scraps valuation and application fees

Specialist lender Paragon has removed valuation and application fees from its entire range of buy-to-let portfolio products for a limited period. The promotion follows the launch of...

TMA ensures advisers with Base Rate Hub launch

The Mortgage Alliance (TMA) has announced the launch of its Base Rate Hub for its advisers following the recent base rate change. The Hub will provide the...

British owners are buying new property before selling existing homes

One in five British homeowners purchased a property prior to selling their existing home, a new study conducted by CoverBuilder has revealed. The question of whether it’s...

LendInvest launches BTL loans for specialist lenders

Specialist property finance lender LendInvest has announced its new buy-to-let (BTL) loan products for the specialist lending market. Targeted at professional property investors and landlords operating across...

Finance Professional Show sees increase in visitors

The number of visitors for the Finance Professional Show (FP Show) were up 13% on the 2016 event with over 2,000 attendees, despite a train strike...

New intermediary regional manager joins Skipton

Skipton Building Society has announced the appointment of Paul Holt to its team of intermediary regional managers. Having worked at The Newbury Building Society for the last...

Variable mortgage enquiries soar despite bank rate rise

Borrowers are still opting for variable mortgages despite the Bank of England base rate increase, new figures from Yorkshire Building Society show. Since the Bank of England...

Majority of advisers are unaware of GDPR regulations

The vast majority of mortgage advisers are at risk of failing to comply with the new rules and regulations set in place by the upcoming General...

L&G Mortgage Club campaign busts mortgage myths

Over half (55%) of UK consumers are unaware that a mortgage broker could offer more product options than a bank or building society, according to Legal...

valpal
submit