Santander will increase a wide range of product transfer rates by up to 21 basis points on Wednesday, while making a mixture of increases and reductions across its new business range. The largest increase is on a three-year fixed product transfer at 75% LTV with… The post Santander raises PT rates by up to 21bps and trims other deals appeared first on Mortgage Strategy.
GB Bank has appointed Helen Merrey as business development manager as it continues to expand its intermediary proposition. Merrey has more than a decade of experience in business development and intermediary relationship management, most recently as senior key account manager at Uinsure. She previously worked… The post GB Bank appoints new BDM appeared first on Mortgage Strategy.
Fleet Mortgages has launched a range of one-year fixed-rate buy-to-let products. The new deals are available across its standard, limited company and houses in multiple occupation and multi-unit freehold block ranges for new and existing borrowers at up to 75% loan-to-value. The standard and limited… The post Fleet launches one-year fixed rates appeared first on Mortgage Strategy.
The FCA is demanding AI platforms including ChatGPT, Gemini and Claude, introduce clearer disclaimers about financial advice generated by their models. FCA has published its latest AI update which calls on firms who deploy AI to do so safely and responsibly so consumers see the… The post FCA stresses need for disclaimers on AI-generated financial advice appeared first on Mortgage Strategy.
Coventry for Intermediaries has increased its maximum loan-to-value for interest-only borrowers from 50% to 75%. The lender has also reduced the minimum equity requirement for properties outside London and the South East from £300,000 to £200,000. Acceptable repayment vehicles include the sale of the mortgaged… The post Coventry increases max LTV for interest-only to 75% appeared first on Mortgage Strategy.
