InterBay and Foundation have cut rates and launched new buy-to-let deals. InterBay has cut rates by up to 20bps on buy-to-let rates for new customers as well as product transfers. Among the reductions, a two-year fixed rate at 75% LTV for new customers borrowing between… The post InterBay and Foundation cut buy-to-let rates and launch deals appeared first on Mortgage Strategy.
More than 96% of investors expect Andy Burnham to raise taxes over the next year, a new poll has found. The latest survey by Wealth Club carried out this month reveals that almost 53% of investors believe taxes will definitely rise and more than 43%… The post More than 96% of investors expect a Burnham tax raid appeared first on Mortgage Strategy.
Bank of Ireland has launched Joint Borrower Sole Proprietor (JBSP) options for remortgage customers. The lender has made the change to allow borrowers to use JBSP to help fund renovations or refinance following changes in family circumstances such as separation or divorce. In order to… The post Bank of Ireland opens JBSP to remortgage customers appeared first on Mortgage Strategy.
LSL Financial Services has appointed Piotr Nowosad as interim managing director. Nowosad (pictured) will lead the firm’s financial services division, with responsibility for Primis, TMA Mortgage Club, Novium and Linear, while the LSL board looks for a permanent managing director. He was formerly managing director… The post LSL appoints Nowosad as interim managing director appeared first on Mortgage Strategy.
MPs have warned that the government’s plan for tackling financial exclusion is “far from the finished product” and that industry voices may have held too much sway at the expense of consumer groups. Members of the Treasury Committee say the Financial Inclusion Strategy is a… The post MPs warn industry may have had too much sway on Treasury plan appeared first on Mortgage Strategy.
Halifax Intermediaries will increase its large loan threshold from £500,000 to £650,000 on its Premier range, effective 27 July. The lender says the change comes to “meet the needs of the evolving large loan market.” The Halifax Premier large loan team will support mortgage applications… The post Halifax Intermediares increases Premier large loan threshold to £650k appeared first on Mortgage Strategy.
A first-time buyer in England purchasing alone needs to save for nine years and five months to raise a 10% deposit and cover upfront buying costs, new research by reallymoving reveals. Reallymoving explains to buy a property at the current average FTB purchase price of… The post Solo FTBs face almost a decade of saving to get on property ladder: reallymoving appeared first on Mortgage Strategy.
There are very few occasions where our industry can look at a proposed reform and say with genuine confidence that it has the potential to improve the process for everyone involved. However, the government’s plans to introduce more upfront property information, including greater use of… The post Blog: Upfront property information is reform homebuying has been waiting for appeared first on Mortgage Strategy.
The pace of landlords selling up properties has slowed, but the Renters’ Rights Act could prevent up to 100,000 unsold homes from returning to the rental market, new research suggests. The share of homes listed for sale that were previously rented dropped to 9.2% in… The post Up to 100,000 unsold ex-rental homes could be left empty: Hamptons appeared first on Mortgage Strategy.
Afin Bank has promoted Anum Mahmood to national sales director. Mahmood first joined Afin as national key account manager and has helped bring on broker partners including L&C Mortgages and Mortgage Intelligence. Her promotion follows the launch of a new regulated bridging proposition. Mahmood has… The post Afin promotes Mahmood to national sales director appeared first on Mortgage Strategy.
