The Intermediary Mortgage Lenders Association (IMLA) has welcomed the government’s consultation on reforming the home buying and selling process. The association describes the consultation as “a long-overdue opportunity to modernise one of the most outdated elements of the housing market”. Imla highlights four areas of… The post Lenders back govt reform on home buying and selling process: Imla appeared first on Mortgage Strategy.
Building societies have renewed their warning that tightening caps on cash individual savings accounts could push up the cost of mortgages. The call comes after the Treasury has revived plans to overhaul tax-free Isas that seemed to have been shelved after opposition from mutual… The post Mutuals renew warning that cutting cash Isa caps will lift mortgage costs appeared first on Mortgage Strategy.
United Trust Bank has cut selected buy-to-let fixed rate loans across its single let houses in multiple occupation, multi-unit freehold blocks and holiday ranges by up to 190 basis points. The lender says highlights include: Standard range: Two-year fixes start from 3.89%, down from… The post United Trust Bank cuts selected BTL rates by up to 190bps appeared first on Mortgage Strategy.
Knowledge Bank has launched its new tool AffCalc, marking its transition to full release. AffCalc allows brokers to make edits at any stage and re-run the calculation without restarting the process. It also has built-in criteria integration and provides API connectivity to enable seamless use… The post Knowledge Bank launches full release of AffCalc appeared first on Mortgage Strategy.
Back in 2005, YouTube was launched, Apple delivered the iPod shuffle, and autonomous cars and robotic assistants were revealed for the first time. And, on Monday 7 November, I joined the mortgage industry. My first role was as head of Halifax’s Intermediary Service Centre in… The post Tech Watch: Digitisation is crucial appeared first on Mortgage Strategy.
