Tipton & Coseley Building Society has increased the maximum loan-to-value on its expat residential mortgages, lending up to 85% LTV to a maximum loan size of £600,000. The mutual adds that its existing 80% LTV products with a maximum loan size of £800,000 will be… The post Tipton & Coseley BS lifts LTV for expat resi loans appeared first on Mortgage Strategy.
Homes England has appointed a new chief executive nine months after its last leader stood down from the government’s housing agency. Labour says Amy Rees (pictured) will be a key part of its “mission to tackle the housing crisis and accelerate the delivery of… The post Homes England appoints Rees as CEO appeared first on Mortgage Strategy.
This week’s top headlines: Mortgage rates edge down as lenders loosen requirements, and LendInvest names new head of distribution. Explore these and other major industry updates below: Mortgage rates edge down as lenders loosen requirements: Moneyfacts Mortgage rates have dipped slightly this week as… The post Mortgage Strategy’s Top 10 Stories: 04 Aug to 08 Aug appeared first on Mortgage Strategy.
Mortgage searches jumped 4.4% to 72,925 yesterday as the Bank of England cut the base rate to 4%, according to Twenty7Tec. However, the new data found activity fell sharply in the days leading up to the Monetary Policy Committee’s decision, with the daily average at… The post Mortgage searches pick up pace after base rate move: Twenty7Tec appeared first on Mortgage Strategy.
The Financial Conduct Authority will consult with firms and other stakeholders over the next six months to decide on “the best way forward” to set up an open banking standards body. The City regulator says the body, currently called the Future Entity, will support… The post FCA launches further industry talks on new open banking body appeared first on Mortgage Strategy.
