The Right Mortgage & Protection Network has added April Mortgages to its panel. Member firms now have access to April Mortgages’ full range of five to 15-year fixed-rate mortgages including its 100% LTV deal. April’s products have no early repayment charges for moving home or… The post The Right Mortgage Network adds April to panel appeared first on Mortgage Strategy.
Vida has boosted its range of home loans aimed at foreign nationals who live and work in the UK at up to 90% loan-to-value. This is an uplift from the specialist lender’s previous 75% LTV maximum for these borrowers. It has also expanded its list… The post Vida boosts foreign national home loan range appeared first on Mortgage Strategy.
Mortgage Innovation & Technology Live (MIT Live), the new flagship event powered by Mortgage Strategy, can confirm support from some of the biggest names in the industry. Strategic partners for the event on 9 December in Central London so far include Lloyds Banking Group, Mortgage… The post MIT Live reveals big name partners for flagship event appeared first on Mortgage Strategy.
Small lenders who underwrite residential mortgages up to £150m a year will not be bound by the loan-to-income flow limits of larger institutions. The move by regulators comes into effect on 11 July and lifts the previous threshold from £100m, which has been in place since… The post Small lenders see loan to income thresholds rise to £150m appeared first on Mortgage Strategy.
Halifax has introduced a number of rate changes to its mortgage product range from 9 July. For home movers and first-time buyers, the lender is announcing rate reductions of up to 0.10% on selected fixed rate products. On remortgage loans, Halifax is offering rate reductions… The post Halifax details selected rate changes appeared first on Mortgage Strategy.
Employees at Cheshire-based Wiseone mortgage brokers have bought out the firm’s co-founders. Tim Rigden and Paul Newbold established the directly-authorised firm a quarter of a century ago. Newbold is set to retire this month and Rigden will continue leading the business, supported by a newly-appointed… The post Cheshire brokerage in staff buy out appeared first on Mortgage Strategy.
Hinckley & Rugby for Intermediaries has promoted four members of its sales and distribution team. Lizzie Atkins has been promoted from internal sales team leader to sales team manager, taking on full oversight of both the phone and broker assist team. Atkins, who has been… The post Hinckley & Rugby promotes four staff appeared first on Mortgage Strategy.
NatWest will trim fixed-rate home loans by 13 basis points, while Darlington Building Society launches landlord products and lifts buy-to-let loan-to-value ratios. The high street bank will reduce rates across various product types, including purchase, remortgage, landlord, first-time buyer, shared equity, and green products,… The post NatWest trims fixes, Darlington BS launches landlord products appeared first on Mortgage Strategy.
Pepper Money is boosting its criteria for UK visa holders by accepting their incomes on applications up to 75% LTV. It provides UK visa holders direct access to Pepper Money’s broad residential product offering when at least one applicant has a permanent right to reside.… The post Pepper enhances criteria for UK visa holders appeared first on Mortgage Strategy.
Growth in spending on mortgages and rent slowed for the fourth consecutive month in June, the latest property data from Barclays show. Consumer spending on rent and mortgages rose by 4.3% in the year to June, down from 4.6% recorded over the year to May.… The post Inflation in housing costs slows for fourth month: Barclays appeared first on Mortgage Strategy.
