Mortgage broker consolidator Pivotal Growth has bought two firms in England and Northern Ireland. The group has bought More Choice Financial, a Bedford-based mortgage and protection broker founded in 2007 by directors Julie Myers and Gareth Tucker. It says the acquisition will be integrated… The post Broker consolidator Pivotal Growth buys two firms appeared first on Mortgage Strategy.
Leeds Building Society is reducing rates across its residential and first time buyer mortgage ranges by up to 35bps from 29 August and introducing new products for first time buyers at both 90 and 95% LTV. These products are the latest in a series of… The post Leeds BS and Principality confirm selected rate changes appeared first on Mortgage Strategy.
The Financial Conduct Authority will make further cuts in data reporting for 95% of all authorised firms it deals with. The City regulator says its drive to “reduce and remove” regulatory returns will mean that 36,000 firms “will now no longer need to submit a nil… The post FCA cuts data reporting for 36,000 firms to ‘reduce burdens’ appeared first on Mortgage Strategy.
Home loan fixed-rate prices edged higher this week despite the Bank of England cutting the base rate this month, data from Moneyfacts shows. The average mortgage rate has risen by a single basis point to 5.01%, says the data group. Within this, average two-year… The post Mortgage rates edge higher despite base rate cut: Moneyfacts appeared first on Mortgage Strategy.
Interest in buying among landlords has rebounded following last year’s Autumn Budget with more than half of buy-to-let investors intending to purchase new properties in the 12 next months. This is according to new research from buy to let lender Landbay which reveals 52% of… The post Over 50% of BTL landlords plan to expand portfolios: Landbay appeared first on Mortgage Strategy.
