Santander has announced from 17 November brokers will be able to accept product transfer offers on behalf of its clients. As part of the changes, there will be a new broker declaration where Santander will ask brokers to confirm if they have their client’s permission… The post Santander to allow brokers to accept PT offers on behalf of clients appeared first on Mortgage Strategy.
Leek Building Society has launched two 90% LTV fixed rate products, specifically designed to make placing shared ownership cases simpler for intermediaries and more accessible for buyers. The new products are available through brokers and include: a two-year fixed rate at 4.55%; and a five-year… The post Leek BS strengthens shared ownership with new 90% LTV range appeared first on Mortgage Strategy.
A third (33%) have previously used their mortgage to fund major spending, but only 18% plan to do so in future, Pepper Money reveals. The research shows the continued popularity of credit cards amongst homeowners, seen as the most convenient and accessible form of short-term,… The post Third of people previously used mortgage to fund major spending: Pepper appeared first on Mortgage Strategy.
Principality Intermediaries has lowered rates across its residential, joint borrower sole proprietor and holiday let ranges. The lender’s residential products have had cuts of up to 0.10% including the two-year fixed at 65% loan-to-value (LTV) with a fee of £1,499 and the two-year fixed 75%… The post Principality, TSB and HSBC announce rate reductions appeared first on Mortgage Strategy.
Improving efficiency is fundamental for any broker business, regardless of size — and technology has a crucial role to play. Firms that succeed are those that remove unnecessary friction, reduce wasted time and ensure advisers can concentrate their efforts where they add the most value.… The post Mortgage Business Accelerator: Ahmed Bawa, CEO of Rosemount Financial Solutions appeared first on Mortgage Strategy.
This week’s top headlines: Chancellor’s speech paves way for tax hikes and children to learn how mortgages work at school Explore these and other major industry updates below: Chancellor’s speech paves way for tax hikes Chancellor Rachel Reeves has signalled that tax rises may… The post Mortgage Strategy’s Top 10 Stories: 03 Nov to 07 Nov appeared first on Mortgage Strategy.
When it comes to innovation, there’s a risk we become obsessed with chasing the new shiny solution. Regulators and the government are placing an unprecedented focus on the mortgage and protection sector. From the Mortgage Rule Review, which considers the future of the mortgage market,… The post Comment – Best for service? Humans appeared first on Mortgage Strategy.
New taxes on rental income could “critically damage” economic growth and social mobility, a landlord group has warned. A report by former Treasury official Chris Walker, commissioned by the NRLA, highlights how the private rental sector plays an important role in providing the flexibility and… The post Landlord tax hikes put economic growth at risk: NRLA appeared first on Mortgage Strategy.
Coventry for Intermediaries has announced cuts of up to 25bps to its residential and buy-to-let mortgage ranges, while West Brom Building Society is making reductions of up to 18bps. Coventry is cutting residential rates by up to 25bps and buy-to-let rates by as much as… The post Coventry and West Brom trim rates by up to 25bps appeared first on Mortgage Strategy.
Foundation Home Loans (FHL) will now pay £500 cashback on completion of one of its green mortgages. The cashback replaces the previous free valuation, and has been made available across all FHL credit tiers (F1-F4) for the first time. The lender said this was an… The post FHL to pay £500 for green mortgage completions appeared first on Mortgage Strategy.
