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.
Primis has appointed four new members to its growing sales team. Mark Rookyard joins as regional sales director for the South East. He has experience spanning across business development and national account management. Fran Green will become regional sales director, covering North West and the… The post Primis grows sales team with new appointments appeared first on Mortgage Strategy.
The Mortgage Mum has launched a new educational YouTube series called On the Ladder. The series aims to tackle to widening disconnect between lender innovation and first-time buyer understanding. It kicks off on Monday 24 November at 10am. The launch follows renewed government focus on… The post The Mortgage Mum launches On the Ladder appeared first on Mortgage Strategy.
Leeds Building Society has launched green additional borrowing to allow its members to borrow more against their existing mortgage to make greener improvements to their homes. Following the launch of additional borrowing earlier this year, the lending stream will now allow brokers to support clients… The post Leeds BS launches green additional borrowing appeared first on Mortgage Strategy.
The Mortgage Works has lowered rates on selected buy-to-let (BTL) products by up to 0.20%. The lender has cut new business rates on its BTL one-year fixed rate (purchase and remortgage) at 2.49%, down by 0.20%, with a 2% fee, available up to 75% loan-to-value… The post The Mortgage Works and Halifax Intermediaries cut prices appeared first on Mortgage Strategy.
The Autumn Budget arrives late this year. Five days later and technically it would be the Winter Budget. While budgets tend to move the needle regardless of when they arrive, the upcoming one is poised to impact the property finance market and to hit prime… The post Bridging Watch: What the Autumn Budget could mean for the bridging market appeared first on Mortgage Strategy.
