HSBC and Principality are the latest lenders to reveal rate cuts tomorrow, while Virgin Money is raising tracker costs at the same time as lowering fixes. HSBC’s prices are set to fall across both residential and buy-to-let ranges tomorrow, but the lender does not give… The post HSBC, Principality and Virgin join price cuts but some trackers rise appeared first on Mortgage Strategy.
The FCA and PRA will overhaul the Senior Managers and Certification Regime (SM&CR) to cut the regulatory burden and cost for firms.The FCA said the changes will not water down the “core principle of senior leader accountability”. Among the tweaks will be reduced annual checks… The post FCA streamlines senior managers regime to cut costs for firms appeared first on Mortgage Strategy.
Gen H has appointed Joe Solomon, Lewis Banks, and Lisa Taylor into newly created business development manager roles. Before joining Gen H, Solomon worked in SaaS and specialist lending. Solomon spent two and a half years with Enra Specialist Finance in business development. Banks has… The post Gen H hires three to sales teams and promotes Sturla appeared first on Mortgage Strategy.
Primis has made three senior promotions in a bid to grow the network and strengthen support for brokers. Sarah Evans takes up the position of recruitment director. In her expanded role, she will focus on bringing new firms into the Primis network and TMA Mortgage… The post Primis promotes three staff to senior roles appeared first on Mortgage Strategy.
Foundation has launched new specialist products covering both large HMO and short-term let, and has also cut fixed-rates on a number of standard, standard HMO and MUFB products. The new large HMO products include a two-year fixed rate at 5.29% (with a 3% fee) and… The post Foundation adds large HMO and short-term let products, cuts fixes appeared first on Mortgage Strategy.
