The Financial Conduct Authority will lift fees for mortgage lenders and brokers by 2.4% following a 9% hike last year. The City regulator, in its annual fees and levies paper, says its overall annual funding requirement has risen by 3.8% to £783.5m for 2025/26 from… The post FCA lifts broker fees by 2.4% for coming year appeared first on Mortgage Strategy.
West One has expanded into the commercial mortgage market. The specialist finance lender’s commercial product will initially be available to a select group of commercial mortgage brokers through a product pilot. There will be a full-market release directly after the conclusion of the pilot. Commercial… The post West One enters commercial mortgage market appeared first on Mortgage Strategy.
Keystone Property Finance has completed a £400m securitisation of buy-to-let loans. The specialist buy-to-let lender says its Hops Hill No.5 package of loans, which included £80m of pre-funding, saw “significant oversubscription” across the entire capital stack. The Class AAA notes priced at Sonia-plus-73-basis-points and was… The post Keystone seals £400m BTL securitisation appeared first on Mortgage Strategy.
Paragon Bank has introduced a streamline buy-to-let (BTL) mortgage application journey for landlords with up to 15 properties. The lender will use its new mortgage origination platform to pre-populate much of the application information required. The new application will initially only ask for a valuation… The post Paragon Bank streamlines BTL application process appeared first on Mortgage Strategy.
Rents spiked across the country in June, according to the latest Goodlord Rental Index. As the market moves into its busiest period, month-on-month rents were up by over 3%, including a major spike in the South West. Rental price averages are now 3.2% higher year-on-year.… The post June sees record rents but signs market pressures easing: Goodlord appeared first on Mortgage Strategy.
