Health and wellbeing issues have risen up the corporate agenda in the wake of the Covid pandemic. Many businesses now recognise the importance of supporting employee wellbeing, particularly in relation to mental health. This focus has been bolstered by national campaigns aimed at raising awareness… The post Cover feature: Wellbeing at work appeared first on Mortgage Strategy.
Pepper Money has launched a summer special limited edition product on its Pepper48 residential mortgage tier. The new product is 0.20% lower than its core range, available on a five-year fixed product at 75% loan-to-value (LTV). Rates will now start from 5.14% with free legals,… The post Pepper launches summer special product, Precise lowers rates by 16bps appeared first on Mortgage Strategy.
Chesnara has agreed to buy HSBC’s protection and investment bond unit for £260m, which the life and pensions consolidator says is “a material step up in scale” for the business. Chesnara says the acquisition of HSBC Life will add around £4bn of assets under administration and approximately 454,000… The post Chesnara agrees to buy HSBC Life for £260m appeared first on Mortgage Strategy.
City & Guilds has called on the government to take ‘immediate and strategic action’ to address the critical skills shortages in the construction sector, after a survey reveals that three quarters of construction firms are struggling to recruit the skilled workers they need. The survey… The post City & Guilds urges Govt to address skills gap to hit 1.5m new homes appeared first on Mortgage Strategy.
Foundation Home Loans has announced a series of product enhancements across its complex buy to let range. This includes introducing new fixed-rate options, reduced rates, and simplifying fee structures across property segments including HMOs, short term lets, and mixed-use properties. The changes are aimed at… The post Foundation Home Loans refreshes BTL offering appeared first on Mortgage Strategy.
Renters facing eviction will get greater access to legal aid after at least a 24% boost to funding for these cases, ahead of the Renters’ Rights Bill expected to come into law later this year. The Ministry of Justice says it will lift the… The post Tenants get legal aid boost ahead of Renters’ Rights Bill appeared first on Mortgage Strategy.
Gen H has made rate cuts across its range, including its recently launched interest only products. Rates now start from 4.89% for capital repayment products and 4.99% for interest only. The lender’s 90% and 95% loan-to-values (LTVs) rates have been cut by 15 basis points… The post Gen H and London Credit make rate reductions appeared first on Mortgage Strategy.
Access Financial Services has formed a semi-exclusive distribution partnership with Afin Bank, a new lender set to launch later this year. As part of the collaboration, Access FS will distribute mortgage loans on behalf of Afin Bank, targeting under-served African and other foreign national diaspora… The post Access FS partners with Afin Bank appeared first on Mortgage Strategy.
Angela Rayner has set out plans to build around 300,000 affordable homes with the £39bn of funding she secured from the spending review. The Deputy Prime Minister and housing secretary adds that at least 60% of homes will be for social rent, linked to… The post Rayner plans 300,000 social homes with higher standards over next decade appeared first on Mortgage Strategy.
Close Brothers managing director of Property Finance Rowland Thomas will be retiring from his role at the end of the month following 38 years with the lender. The company has confirmed that deputy managing director, Daniel Joyce, will step into his shoes. Thomas has played… The post Close Brothers Property Finance MD Thomas to retire appeared first on Mortgage Strategy.
