Precise Mortgages is withdrawing and relaunching its entire residential mortgage range. In an email to brokers, Precise said it would pull its residential range on 25 September as it prepared to launch its new platform, Resi 2.0. The lender will then launch a new residential… The post Precise Mortgages to withdraw and relaunch entire residential range appeared first on Mortgage Strategy.
After four and a half years, I am moving on from my role of Chief Commercial Officer at Gen H to join Principality Building Society. I am inclined to reflection at times like these, and what I have learned from my time at Gen H.… The post Blog: Partnership is the key to a more equitable mortgage industry appeared first on Mortgage Strategy.
Canada Life has reported that its interest-serviced lifetime mortgages are typically three years younger than those who opt for its traditional products where interest is rolled up. The lender launched its Advantage lifetime mortgage in February with a discounted interest rate for borrowers who make… The post New type of lifetime mortgage attracts younger borrowers: Canada Life appeared first on Mortgage Strategy.
UK Finance has warned the government that higher taxes on banks could push up the cost of mortgages and reduce banks’ ability to lend. In its submission ahead of the October Budget, the banking industry body said further increases in bank-specific taxes could make the… The post UK Finance warns chancellor a Budget bank tax could hike mortgage rates appeared first on Mortgage Strategy.
GB Bank has relaunched its commercial lending range and increased its maximum loan size from £20m to £25m. The bank will offer bridging and longer-term loans for the purchase and refinance of commercial property. It will also allow borrowers to combine bridging and term finance… The post GB Bank relaunches commercial range and raises max loan to £25m appeared first on Mortgage Strategy.
