Brilliant Solutions has added Afin Bank to its mortgage club and packaging panel. Afin Bank’s products are designed to help borrowers who might otherwise struggle to get a mortgage, such as foreign nationals living and working in the UK. The lender offers residential and buy-to-let… The post Brilliant Solutions adds Afin Bank to panel appeared first on Mortgage Strategy.
Handelsbanken has joined the residential lender panel for the Quilter Network. The partnership will provide Quilter’s mortgage advisers direct access to Handelsbanken’s suite of products and fully-decentralised branch network of local experts. Handelsbanken offers banking and financial services to customers ranging from individuals to SMEs… The post Handelsbanken joins Quilter’s resi lender panel appeared first on Mortgage Strategy.
Mortgage prices edged downwards this week as lenders tweaked pricing and policy to attract borrowers ahead of a possible August base rate cut. The average two-year fixed mortgage rate dropped by 0.02% to 5.01%, the latest Moneyfacts ratewatch data shows. This means the typical two-year… The post Mortgage rates edge down as lenders loosen requirements: Moneyfacts appeared first on Mortgage Strategy.
This week’s top headlines: NatWest partners with Landbay to offer limited company buy-to-let deals, and court ruling closes stamp duty loophole. Explore these and other major industry updates below: NatWest partners with Landbay to offer limited company buy-to-let deals NatWest has partnered with specialist lender… The post Mortgage Strategy’s Top 10 Stories: 28 July to 01 Aug appeared first on Mortgage Strategy.
Prices of million-pound-plus homes in London rose 7.4% in the last quarter, leaving values 2.3% higher than this time last year, Coutts Real Estate has found. This leaves these prices just 4.1% below their market peak, according to the latest data on London’s prime residential… The post Price of million-pound-plus London homes rise 7.4% in Q2 appeared first on Mortgage Strategy.
Sancus Lending UK has established a social housing division with the appointment of Alex Bodie as social housing director. Bodie joins with over 25 years of experience in financial services, including senior roles in consumer and corporate lending. He brings expertise in social housing and… The post Sancus Lending expands into social housing sector with Bodie appointment appeared first on Mortgage Strategy.
A Court of Appeal ruling has confirmed that properties needing repair are still liable for residential rates of stamp duty tax, contrary to the claims of “rogue” agents. HM Revenue & Customs has warned home buyers to beware bogus claims from agents promoting schemes to… The post Court ruling closes bogus stamp duty loophole appeared first on Mortgage Strategy.
When Open Banking launched in 2018, it was heralded as a ‘revolution’ – a gateway to smarter, more personalised products and services. Expectations were high. But several years on, it has, at best, underwhelmed. The technology promised transformation, yet uptake has been patchy – particularly… The post Blog: Looser regulation is one thing but lenders also need to step up appeared first on Mortgage Strategy.
The Mortgage Works has announced rate cuts on selected two and five-year fixed rate products across its mortgage range, effective tomorrow. Limited company buy-to-let (BTL) products will see reductions of up to 0.25%, while buy-to-let and let-to-buy products will see rate cuts of up to… The post The Mortgage Works cuts rates on two- and five-year fixes, Virgin ups prices appeared first on Mortgage Strategy.
The total sum HM Revenue & Customs collects in inheritance tax (IHT) has more than doubled over the past decade from £3.8bn in 2014/15 to £8.25bn in the past tax year. HMRC figures released earlier today also show that the number of deaths which trigger… The post Government earnings from IHT double in a decade appeared first on Mortgage Strategy.
