Mortgage brokers

Mortgage brokers

Borrowers urged to retain cover as base rates hold

As the Monetary Policy Committee of the Bank of England voted to keep the base rate at 3.75%, insurance giant, Metlife UK, called on borrowers to seek advice from brokers before cancelling protection cover which was ‘more valuable than ever.’ ...

Why legacy lending is falling short of today’s buyers 

Rizwan Ali argues that diversity of applicants leave some mortgage models underserving home-buyers ...

British Bank Awards crown mortgage champions

British Bank Awards recognise leading mortgage firms for customer service and specialist lending expertise. ...

Tech investment to boost broker experience

Newcastle for Intermediaries has enhanced its product transfer experience, making it quicker and easier for brokers to review available products, compare options and complete like-for-like mortgage switches online via the lender’s broker portal. ...

Society expands BTL flexibility with 40-year term

Nottingham Building Society, the mortgages and savings mutual, has announced a series of updates to its BTL lending criteria – including an increase in its maximum BTL mortgage term to 40 years, up from the previous 35-year limit. ...

Support hub launched in bid to drive adviser growth

Distributor Group, The Right Mortgage (TRM), has launched a new Business Support Hub, a centralised platform designed to help AR firms and their advisers grow, scale and strengthen their businesses. ...

MAA mortgages double but ‘plenty of scope’ for more

The number of borrowers moving to a new lender thanks to Modified Affordability Assessments (MAAs) more than doubled in the wake of the FCA’s changes to the regime last summer, Stonebridge has revealed. ...

Paragon grows loan book on back of robust new lending

Paragon Bank has announced a 3.4% increase in its Mortgages loan book on the back of what it calls strong customer retention levels and robust buy-to-let lending. ...

Buyers urged to be ready to strike as prices begin to fall

Buyers are being urged to act as falling house prices...

Rightmove says house prices rise again  but north-south divide continues

Rightmove says affordability is widening the north-south property price divide...

Nationwide cuts rates for second time in a week

Nationwide has reduced mortgage rates for the second time in...
Latest Features

HBF hits out at lack of help for first-time buyers  

Calls grow for a replacement equity loan scheme to improve...

BTL remortgaging returns to record high

Buy-to-let refinancing matches its previous peak as landlords secure replacement...