More lenders have revealed price changes ahead of the Easter bank holiday weekend. Shawbrook has repriced its product transfer deals with immediate effect and Kensington is making rate changes on Wednesday across parts of its residential range. It comes as figures from Moneyfacts today revealed… The post The latest lender rate changes ahead of Easter appeared first on Mortgage Strategy.
Mortgage rates continued to rise sharply this week, with more than 30 lenders increasing rates, launching or withdrawing products, according to the latest Moneyfacts rate watch. The average mortgage rate rose from 5.66% on Monday to 5.76% today, its highest level since January 2024. The… The post Mortgage rates keep climbing as lender repricing continues appeared first on Mortgage Strategy.
United Trust Bank has boosted criteria for residential and second charge mortgages to provide more flexibility on benefits income, later life lending and automatic valuations. The lender will now allow a wider range of benefits as part of its residential affordability checks. Following the update… The post UTB eases rules on benefits, older borrowers and second charges appeared first on Mortgage Strategy.
Lendlord has launched new tools to help landlords ensure they are ready to comply with the Renters’ Rights Act as deadlines loom. The property management and lending platform says its new solution will support landlords in meeting their obligations. The government requires landlords to provide… The post Lendlord launches Renters Rights’ Act tool for landlords appeared first on Mortgage Strategy.
Vernon Building Society has appointed Damien Sabbaghe as intermediary business development manager (BDM). The lender said Sabbaghe (pictured) would strengthen its intermediary mortgage proposition for brokers across England and Wales. Sabbaghe will be an “in the field” BDM with a remit to grow Vernon’s national… The post Vernon Building Society appoints Sabbaghe as BDM appeared first on Mortgage Strategy.
