Somo, the specialist bridging and short-term finance lender, has joined the lender panel at Swoop. The move means brokers using the Swoop Broker Suite can now source Somo’s first, second, third and equitable charge loans alongside the rest of Swoop’s lender panel, which spans high… The post Somo joins Swoop lender panel appeared first on Mortgage Strategy.
During my career, I’ve seen the mortgage market transformed beyond recognition. When I started my career more than three decades ago, intermediaries accounted for a much smaller part of the market. Many customers went directly to lenders – with intermediary business accounting for only around… The post Blog: In an ever-changing world, brokers remain indispensable appeared first on Mortgage Strategy.
Royal London says its average protection underwriting turnaround has fallen to 1.5 working days, with all underwriting work assessed within four working days. The insurer has increased the size of its underwriting team by 20% since the beginning of 2025. Its specialist large-case underwriting team… The post Royal London reduces protection underwriting time appeared first on Mortgage Strategy.
Gen H is cutting selected mortgage rates by up to 30 basis points, while Precise and Rely are reducing rates by up to 20bps. Gen H’s largest reduction will apply to its two-year fixed rate at 85% LTV, which will fall by 30bps. Three and… The post Gen H, Precise and Rely cut rates by up to 30bps appeared first on Mortgage Strategy.
Paragon Bank has joined the Bridging and Development Lenders Association as an associate member. The specialist bank will enter the bridging market next year and joins the BDLA ahead of the launch, with plans to move to full membership once its bridging business is operational.… The post Paragon Bank joins the BDLA ahead of bridging market launch appeared first on Mortgage Strategy.
