Ampla Finance has rebranded to Untangled today as part of its plans to expand into new areas of lending. It currently provides finance to help families access inheritance early and cover legal bills, but says its new branding is a better reflection of its growing… The post Ampla Finance rebrands to Untangled appeared first on Mortgage Strategy.
Hello, my fellow mortgage market aficionados. Once again the sector has been doing its best impression of a theme park ride designed by someone with a wicked sense of humour. The good news is that, over the past couple of weeks at least, the drops… The post Market Watch: Friendly communication appeared first on Mortgage Strategy.
Newcastle Building Society has dropped rates by up to 34 basis points and Cambridge has relaunched interest-only deals. The repriced rates at Newcastle are now live, but the lender did not share detail on which deals have changed in its email to brokers. Leeds Building… The post Newcastle cuts rates by up to 34bps and Cambridge adds interest-only deals appeared first on Mortgage Strategy.
Just 27% of Gen H’s panel consider foreign national cases straightforward to place, a survey from the lender reveals. Gen H says the findings point to systemic criteria gaps that are locking out a large and growing group of prospective homeowners. When asked to identify… The post Foreign nationals locked out of home ownership by systemic criteria gaps: Gen H appeared first on Mortgage Strategy.
June is the busiest month for property sale completions, analysis of 20 years’ of data has shown. Research by Good Move looked at Land Registry data going back to June 2006 and found it was typically the month in which the highest number of completions… The post June is the busiest month for completions: Good Move appeared first on Mortgage Strategy.
Virgin Money has reduced rates on product transfers and buy-to-let (BTL) product transfers by up 0.15%. For product transfer products, selected two-year fixes will be lowered by up to 0.08%, selected five-year fixes will be cut by as much as 0.12% and selected 10-year fixes… The post Virgin Money and Nationwide trim prices appeared first on Mortgage Strategy.
The value of new mortgage commitments in the first quarter rose by 12% compared to the previous quarter to reach £78bn, but the value of mortgages advanced during the three-month period dipped by a similar amount. The latest Bank of England figures show the value… The post New mortgage agreements rose 12% in Q1: BoE appeared first on Mortgage Strategy.
CHL Mortgages has launched limited edition products and reduced rates by 30 basis points across its short-term let range. The specialist lender’s new limited edition products start from 2.70% for single dwelling properties and from 2.80% for HMO and MUFB properties with up to six… The post CHL Mortgages, HSBC, Foundation and YBS Commercial make rate changes appeared first on Mortgage Strategy.
The government must reform stamp duty as part of a package to help first-time buyers, the Housing, Communities and Local Government (HCLG) Committee said in a report today. The move is the most high-profile call to reform the property tax, and joins those of the… The post Stamp duty must be reformed to help FTBs, MPs say appeared first on Mortgage Strategy.
Hodge Bank has increased its maximum loan sizes across key loan-to-value (LTV) bands and enhanced criteria to further support borrowers and improve access to lending. The changes apply across both Hodge Resi and the Hodge Resi Retire product ranges. At 95% LTV, the maximum loan… The post Hodge updates criteria for large loan sizes appeared first on Mortgage Strategy.
