Quantum Mortgages has promoted Zouhair Mihramane from business development manager to national account manager. Mihramane joined the specialist buy-to-let and bridging lender in May 2024 to manage sales across south London, the M4 corridor and south Wales. Since the beginning of the year, his role… The post Quantum promotes Mihramane to national accounts role appeared first on Mortgage Strategy.
Plans to ban upwards-only rent reviews in commercial leases will “undermine property values”, say property professionals. Deputy Prime Minister Angela Rayner included the measure in the government’s English Devolution and Community Empowerment Bill last week. The legislation proposes to abolish these clauses in new commercial leases… The post Upwards-only commercial lease ban will ‘undermine property values’ appeared first on Mortgage Strategy.
Paragon Bank has cut rates on two-year fixed rates for buy-to-let at 75% LTV by 11 basis points, with rates now starting at 4.24% The lender has a choice between zero-fee deals and those with a 3% charge. Rates start at 4.24% to purchase or… The post Paragon cuts prices by 11bps appeared first on Mortgage Strategy.
Mortgage Advice Bureau (MAB) has appointed Sam Toms to its lending team. Toms will step into a new role in the business as lender relationships account manager. Having led MAB’s Events team for the last 10 years, Toms will now report to Rachel Geddes, strategic… The post Mortgage Advice Bureau hands Toms new role appeared first on Mortgage Strategy.
The Mortgage Lender has expanded its residential and buy-to-let criteria, while Somo cuts rates across all first and second charge bridging products. The Mortgage Lender has expanded eligibility for non-UK nationals who do not yet have indefinite leave to remain, “but have demonstrated stability and… The post TML boosts resi and landlord criteria, Somo cuts first and second charge rates appeared first on Mortgage Strategy.
This week’s top headlines include Monzo Bank being fined £21 million for lax anti-financial crime controls, and lenders signing an open letter warning the Chancellor not to slash the cash ISA limit. Explore these and other major industry updates below: Monzo fined £21m for poor… The post Mortgage Strategy’s Top 10 Stories: 07 July to 11 July appeared first on Mortgage Strategy.
The Financial Conduct Authority’s (FCA) Consumer Duty represents a significant step change in the regulatory landscape, demanding more than simply compliance – it requires a proactive commitment to delivering consistently good outcomes for customers. Nowhere is this more critical than in the specialist and often… The post Blog: Embedding Consumer Duty in the self-build mortgage market appeared first on Mortgage Strategy.
Mortgage brokers who missed out on tickets to Oasis have the chance to see another rock reunion as Rogue Monkey take to the stage for their comeback on September 9. The band, fronted by Coreco managing director and regular Mortgage Strategy Market Watch columnist Andrew… The post Rogue Monkey returns appeared first on Mortgage Strategy.
The FHL Group, parent company of Foundation Home Loans, has acquired specialist lender Catalyst Property Finance. Catalyst will maintain its brand identity and continue to run as a separate entity with no planned operational or team changes. The lender specialises in refurbishment loans, bridging finance,… The post The FHL Group acquires Catalyst Property Finance appeared first on Mortgage Strategy.
The new build market has certainly dominated headlines since the general election. Making a pledge for 1.5 million news homes across the next five years was always going to be a conversation piece and continues to feature regularly in national media bulletins as well as… The post Blog: Lenders play essential role in affordable new build opportunities appeared first on Mortgage Strategy.
