Mortgage Brain has signed up new buy-to-let lender Rely to its Sourcing Brain and Criteria Brain modules. Rely was launched by OSB Group on 12 November after a pilot involving 50 brokers. The lender targets all landlords from first-time right through to large-scale professional investors.… The post Mortgage Brain signs up new buy-to-let lender Rely appeared first on Mortgage Strategy.
In a challenging economic environment, the need to ensure lives and income are protected has never been more important — so protection conversations are vital. We all know that protecting consumers is at the heart of good advice, yet getting that message to truly land… The post Comment: Protection is not an impossible mission appeared first on Mortgage Strategy.
The Bridging & Development Lenders Association (BDLA) has added kennek as an associate member. Kennek is a technology company which provides lending software purpose-built for bridging and development lenders in the UK. It works with more than 30 bridging lenders, including Bluecroft, Offa, Signature Property… The post BDLA adds kennek as associate member appeared first on Mortgage Strategy.
TSB, Principality and Leek Building Society are the latest lenders to cut mortgage rates this week. The biggest reductions are from Leek which is slashing a number of buy-to-let rates by 30 basis points tomorrow, as well as making smaller reductions to residential deals. In… The post TSB, Principality and Leek to chop rates tomorrow appeared first on Mortgage Strategy.
The Financial Services Compensation Scheme (FSCS) limit will rise to £120,000 from 1 December, the Prudential Regulation Authority (PRA) confirmed today. The limit, currently £85,000, is the maximum a financial services customer can be compensated per institution in the case of a firm failing. The… The post FSCS limit rises to £120,000 next month, regulator confirms appeared first on Mortgage Strategy.
