Conveybuddy has reported a sharp rise in conveyancing instructions following last week’s widespread withdrawal of mortgage products. The platform recorded a 26% week-on-week increase in total instructions, which the platform says points to a clear shift in broker behaviour as lenders pulled a wide range… The post Conveybuddy records 26% week-on-week rise in conveyancing instructions appeared first on Mortgage Strategy.
The Right Mortgage & Protection Network has added Afin Bank, to its lender panel. TRM’s member firms now have access to Afin Bank’s range of flexible residential and buy-to-let mortgage solutions designed to support clients whose financial circumstances may not fit traditional lending models. Afin… The post Afin Bank added to TRM lender panel appeared first on Mortgage Strategy.
The average number of viewings for every property on the market jumped from 1.3 to 2.2 in January compared to December as activity picked up. In its latest housing insights report, Propertymark found that the average number of market appraisals per member branch jumped from… The post Listings and viewings picked up in January: Propertymark appeared first on Mortgage Strategy.
Market Harborough Building Society has made enhancements to its UK and expat buy-to-let (BTL) ranges, including those for high net worth borrowers. The changes include increasing its maximum loan size on BTL from £2 million to £3 million. The society’s lower-rate tier 2 products are… The post Market Harborough increases max BTL loan size to £3m appeared first on Mortgage Strategy.
The average age of a first-time buyer has risen from 29 to 34 since 1994/95, according to Skipton Building Society. Just 6% of first-time buyers are aged under 25, according to the lender’s March home affordability index, compared to 23% in the mid-1990s. The proportion… The post Average age of first-time buyer rises to 34, says Skipton appeared first on Mortgage Strategy.
