Stonebridge and The Mortgage Shop (TMS) have renewed their partnership with a long-term deal. The new agreement sees TMS remain part of the Stonebridge network as an appointed representative firm and extends a partnership that has already reached 10 years. TMS’s managing director, is also… The post Stonebridge and The Mortgage Shop renew partnership appeared first on Mortgage Strategy.
The Chancellor played down imposing a new wealth tax at the Budget — but left the door open to higher property charges. “We already have taxes on wealthy people — I don’t think we need a standalone wealth tax,” Rachel Reeves told Bloomberg TV… The post Reeves cool on wealth tax, leaves door open for higher property charges appeared first on Mortgage Strategy.
Ultimate Finance has launched price reductions across its bridging finance range. The lenders standard purchase and development exit bridge products will be reduced from 0.79% per month, while light refurbishment bridge products will be lowered by 0.89% per month. In addition, medium refurbishment bridge products… The post Ultimate Finance lowers bridging prices, HSBC makes rate changes appeared first on Mortgage Strategy.
A new mortgage platform has launched, which promises to deliver “data-driven title insurance policies generated in seconds”. Incept says its algorithm-driven underwriting software uses Land Registry live data feed to produce title insurance policies. The insurtech firm, founded last year, says the software is aimed at… The post Platform launches to provide faster title insurance appeared first on Mortgage Strategy.
Cohort Capital has hired Alex Alexandrou as head of sales – residential lending, as the bridging finance lender looks to boost its loan book. It says Alexandrou (pictured) will lead sales of the firm’s ResiOne product, for transactions between £1m to £10m-plus, for refinancing, consolidating debt and funding… The post Cohort Capital hires Alexandrou as head of sales appeared first on Mortgage Strategy.
