Barclays is cutting around 5,000 jobs this year as it increases its use of AI and other technology. The reductions amount to around 5% of the bank’s global workforce, with 1,000 roles already cut and a further 4,000 expected to go by the end of… The post Barclays to cut 5,000 jobs as its use of AI increases appeared first on Mortgage Strategy.
Brokers know a thing or two about working under pressure. The hours can be long and flexibility is key, especially as things can turn on a sixpence. The past few months have been particularly testing, with the war in the Middle East sending swaps soaring,… The post Comment: Making sure protection conversations don’t take a back seat appeared first on Mortgage Strategy.
Almost two-thirds of first-time buyers are unaware of financial incentives available when purchasing a new-build home, research from Foxtons has found. The survey of 1,034 UK first-time buyers who purchased a property within the past two years found that 62% did not know developers could… The post Almost two-thirds of first-time buyers unaware of new-build incentives, finds Foxtons appeared first on Mortgage Strategy.
As the Chancellor prepares to deliver the Autumn Budget on 28 October, speculation is once again gathering pace. For the mortgage industry, much of the discussion will inevitably focus on housing, taxation and what further support could be offered to first-time buyers. Brokers will also… The post Blog: The Budget: What matters most for brokers and borrowers appeared first on Mortgage Strategy.
The Mortgage Works has updated its limited company criteria to allow directors and shareholders to have more than one special purpose vehicle (SPV). The lender will now accept applications from directors and shareholders who are already party to an SPV that finances, giving landlords greater… The post TMW boosts limited company criteria appeared first on Mortgage Strategy.
