HSBC has cut its lowest rate to 3.75%, while Virgin Money has trimmed rates and launched new products. HSBC has shaved a range of residential rates by up to 8 basis points, with its lowest rate for Premier customers coming in at 3.75%, for two-year… The post HSBC cuts lowest rate to 3.75%, Virgin Money trims rates appeared first on Mortgage Strategy.
UK Mortgage Prisoners Campaign Group says it has been left with “no hope” to find a solution for mortgage prisoners trapped in high home loans after a meeting with Treasury Minister Emma Reynolds last month. While Labour supported the group’s campaign in opposition, it says… The post Mortgage prisoners group left with ‘no hope’ following govt meeting appeared first on Mortgage Strategy.
Digital solutions provider e4 Strategic has launched VERSA, a digital workflow management platform. Designed to improve efficiency in the conveyancing process for UK mortgage lenders and conveyancers, the platform delivers a fully digital workflow that securely connects, in real time, lenders with conveyancers and other… The post e4 Strategic introduces VERSA platform appeared first on Mortgage Strategy.
United Trust Bank Mortgages has joined the lender’s panel of home loan and insurance network Mortgage Intelligence as the specialist bank extends its range of products to brokers. The move will see the bank offer its residential, buy-to-let and second charge loans, aimed at those… The post UTB joins Mortgage Intelligence lender panel appeared first on Mortgage Strategy.
Mortgage applications jumped 9.2% year-on-year in July, Stonebridge reveals, confirming sustained market momentum as borrowing costs fall. In Stonebridge’s latest data from its national network of advisers it found that the average mortgage rate dropped to 4.44%, down 62 basis points from a year earlier.… The post Mortgage applications jump 9.2% in July: Stonebridge appeared first on Mortgage Strategy.
As the UK property and finance sectors continue to evolve, bridging loans are emerging as a mainstream tool rather than a last-resort solution. Once the preserve of developers and high-net-worth individuals, these short-term funding options are gaining broader appeal among property investors, landlords and homeowners.… The post Bridging Watch: Promise of a dynamic future appeared first on Mortgage Strategy.
Could you provide a brief overview of your career to date? I’ve been in the mortgage industry for more than 30 years. I worked at Northern Rock for 17 years as a business development manager (BDM), corporate account manager, northern divisional manager and head of… The post One to One: Ian Andrew, managing director of intermediary sales, Nationwide appeared first on Mortgage Strategy.
The Mortgage Stop has joined the boutique network New Leaf Distribution. Romsey-based mortgage broker, run by husband-and-wife team, Rohit and Rita Kohli has become an appointed representative of New Leaf. The Mortgage Stop had previously been with Stonebridge, the Kohlis say becoming an appointed representative… The post The Mortgage Shop joins New Leaf network appeared first on Mortgage Strategy.
Gen H is increasing some mortgage rates by up to 25 basis points this afternoon while trimming others and Virgin Money is cutting rates and introducing new products. From 5.30pm today, Gen H is repricing a number of deals, including raising two-year fixes at 60%… The post Gen H hikes rates by up to 25bps and Virgin trims prices appeared first on Mortgage Strategy.
The Land Registry is encouraging conveyancers to start submitting documents that are signed with electronic signatures. Adopting this process means that there no longer needs to be a third party to witness the signature of property deeds and no printer is required. Qualified electronic signatures… The post Land Registry accepts electronic signatures appeared first on Mortgage Strategy.
