Halifax is increasing remortgage rates by up to 10 basis points, but Gen H and Principality are making cuts of up to 20bps. At Halifax, two-year fixed rates for remortgage borrowers at 60% and 75% loan-to-value will climb by up to 10bps. Selected two-year fixes… The post Halifax raises rates as Gen H and others make 20bp cuts appeared first on Mortgage Strategy.
Buy-to-let lender Landbay, has today launched five new five-year, fixed-rate remortgage products within its Premier range. Each has £500 cashback and a free valuation Premier is a range of standard products for landlords with up to 15 properties, available to both individual and limited company… The post Landbay launches five-year cashback Premier remortgage products appeared first on Mortgage Strategy.
Nearly half (46%) of home buyers who have been in property chains say they experienced delays or transaction breakdown because of chain-related issues, Barclays reveals. Barlcays’ latest property insight data found that recent buyers and sellers report that they budgeted an average of £4,954 for… The post Property ‘chain reactions’ add an average of over £2k to moving costs: Barclays appeared first on Mortgage Strategy.
Brokers are being urged to avoid putting client data into consumer artificial intelligence (AI) tools and to increase their data security generally, according to Mortgage Brain. The mortgage technology firm said common data security oversights include emailing sensitive documents or reusing passwords, and not using… The post Brokers should beware consumer AI and hike data security: Mortgage Brain appeared first on Mortgage Strategy.
OSB Group has appointment John Hoole as business development manager (BDM), supporting both Precise and Rely. Hoole brings extensive experience gained from 20 years in the industry which includes roles with high street lenders. In his new role, he will be support brokers across South… The post OSB Group appoints Hoole as BDM appeared first on Mortgage Strategy.
