LiveMore has appointed James Green as key account manager for the Midlands. Green has nearly 20 years of experience in financial services, having started his career in banking before specialising in mortgage lending and intermediary relationships. He has worked with a number of building society… The post LiveMore appoints Green as key account manager for the Midlands appeared first on Mortgage Strategy.
Demand in the rental sector is calming as more tenants become homeowners. The number of tenants registering in lettings branches across the UK dropped 17% on the same time last year and is now running 28% below 2019 levels This is according to the latest… The post Rental demand cools as tenants join homeowning ranks appeared first on Mortgage Strategy.
StreamBank has launched a bridging loan which combines a £1,000 legal fee contribution, title insurance, with rates starting from 0.66% per month. The specialist lender says its StreamEdge product is offered on a non-regulated and regulated basis across residential, semi-commercial and commercial properties up to 65% loan… The post StreamBank launches bridging loan with assisted legal fees and insurance appeared first on Mortgage Strategy.
New seller asking prices have dropped by 0.3% (-£1,277) this month to £378,240. This is according to the latest Rightmove House Price Index which stresses that this is an unusual dip for June, as new sellers lower their price expectations amid decade-high competition to secure… The post New sellers lower prices in June: Rightmove appeared first on Mortgage Strategy.
Edinburgh based Scottish Building Society has today announced the expansion of its regional lending footprint into the Midlands and surrounding areas. Previously focused on lending across Scotland and the North of England, the society’s new geographic reach now includes Birmingham, Oxfordshire, and neighbouring counties opening… The post Scottish BS extends footprint into Midlands and further appeared first on Mortgage Strategy.
This week’s top stories: FCA defends finfluencer prosecutions record and Mortgage lending and possessions surge in Q1. Explore these developments and more: FCA defends finfluencer prosecutions record The Financial Conduct Authority (FCA) has intensified efforts to combat finfluencers and financial crime, particularly to protect… The post Mortgage Strategy’s Top 10 Stories: 09 Jun to 13 Jun appeared first on Mortgage Strategy.
Feeling an abundance of writer’s block (or maybe baby brain!) ahead of this month’s column, I admit I paid a visit to ChatGPT in search of inspiration. But I didn’t find what I was looking for. Asked to provide thoughts on the current UK mortgage… The post Editor’s Note: Brokers are irreplaceable appeared first on Mortgage Strategy.
West Brom Building Society has cut rates by up to 23 basis points on core, shared ownership and new build deals. In its core purchase range, the lender has reduced the two-year fixed rate at 80% LTV product by 7 bps, now available at 4.46%… The post West Brom cuts rates by up to 23 bps appeared first on Mortgage Strategy.
In conversation with our head of surveying recently, we discussed how his team has seen a noticeable increase in younger landlords. Our analysis of industry data shows how this is a long-term shift and is evident across the wider market. In 2014, 15% of… The post Blog:The importance of supporting the next generation of landlords appeared first on Mortgage Strategy.
There was no change in average two and five-year fixed rates for the second consecutive week, according to the latest rate watch data from Moneyfacts. Two-year fixed rates remained at 5.13% and five-year fixes at 5.1% Even within different loan-to-value tiers there was very little… The post Rates steady for second week in row: Moneyfacts Rate Watch appeared first on Mortgage Strategy.
