Tipton & Coseley Building Society will once again lend at up to 6.5x income. The building society has reintroduced high income multiple lending, which it last offered in early June. High income multiple mortgages are for customers who can demonstrate a greater borrowing capability. In… The post Tipton & Coseley returns to lending at up to 6.5x income appeared first on Mortgage Strategy.
Mortgage Brain has integrated Uinsure into its CRM Brain platform, letting brokers offer insurance quotes automatically as part of the mortgage application process. The integration means that, once a mortgage application has been submitted through CRM Brain, brokers will be prompted to ask their client… The post Mortgage Brain deal lets brokers offer insurance automatically appeared first on Mortgage Strategy.
This week’s top headlines: Surge in switching following FCA rule change and Rayner returns to Housing Secretary role. Explore these and other major industry updates below: Surge in switching following FCA rule change: Stonebridge New FCA affordability rules are helping more borrowers switch to… The post Mortgage Strategy’s Top 10 Stories: 20 July to 24 July appeared first on Mortgage Strategy.
Average fixed-rate mortgage prices are back to June levels as more than a dozen lenders repriced this week, according to Moneyfacts. The average two-year mortgage rose 9bps to 5.59%, compared to 5.5% last week, the latest Moneyfacts rate watch found. Meanwhile the typical five-year fix… The post Average fixed rates rise to June levels as lenders rush to reprice: Moneyfacts appeared first on Mortgage Strategy.
Nationwide, HSBC UK and Kensington Mortgages are all raising rates in the coming days. Nationwide has increased rates across its existing business range from today, 24 July. The increases are mostly on switcher and additional borrowing products. Nationwide’s two-year fix at 75% LTV is now… The post Nationwide, HSBC and Kensington raise rates appeared first on Mortgage Strategy.
