Melton Building Society expanded its 100% loan-to-value (LTV) mortgage product nationwide. Previously, the product was exclusively available through L&G Club and limited to properties in the East Midlands. The no deposit mortgage offering is now available to Melton’s entire broker panel and eligible properties across… The post Melton expands 100% LTV mortgage product nationwide appeared first on Mortgage Strategy.
Afin Bank has appointed Anum Mahmood as national key account manager. With almost 15 years in the mortgage sector, Mahmood previously spent six years with The Mortgage Lender, now part of Shawbrook Bank, before moving to the position of key account manager. She also has… The post Afin appoints Mahmood as national key account manager appeared first on Mortgage Strategy.
Specialist mortgage lender Pepper Money has launched a residential remortgage limited edition within its Pepper 48 range, introducing a 75% loan-to-value (LTV) two-year fixed reduced by 0.30% compared to its current equivalent offering. Starting from 5.09% up to 75% LTV, the new product is aimed… The post Pepper Money launches resi remo limited edition at 5.09% appeared first on Mortgage Strategy.
Accord Mortgages and Landbay are cutting rates this week by up to 24bps and 20bps, respectively. Accord is trimming rates on its residential and buy-to-let ranges tomorrow. The residential range will see cuts of up to 24bps on products at 75%, 80% and 85% loan-to-value… The post Accord and Landbay cut rates by up to 24bps appeared first on Mortgage Strategy.
February is on track to record the highest number of new home listings in a decade, Zoopla reveals. The latest house price index found that there are 6% more homes for sale than a year ago, something Zoopla says it expects to rise further in… The post February set for highest number of new home listings: Zoopla appeared first on Mortgage Strategy.
Twenty7tec has added Mercantile Trust to its lender panel within RESEARCH. Mercantile Trust products and criteria will be visible to users of RESEARCH, enabling advisers to source and review Mercantile Trust products alongside the wider market. By joining the Twenty7tec panel, the lender says it… The post Mercantile Trust joins Twenty7tec’s RESEARCH platform appeared first on Mortgage Strategy.
The average loan-to-value (LTV) ratio on mortgaged homes across the UK has fallen to 59%, down from around 70% in 2012, the Intermediary Mortgage Lenders Association reveals. IMLA’s report The New Normal – prospects for 2026 and 2027 reveals that, since the financial crisis, an… The post Average mortgage LTV falls to 59%: IMLA appeared first on Mortgage Strategy.
A lack of social and affordable housing is leading to families being locked into poverty damaging their health and wellbeing, according to an academic report. Private rents are too high for lower income families leading to a rise in homelessness say professor Christine Whitehead of… The post Lack of social and affordable housing fuels poverty, report says appeared first on Mortgage Strategy.
NatWest has made rate cuts on new business, existing customer and additional borrowing product ranges. As part of the cuts, NatWest has lowered the rates on purchase two-year fixed by up to 20 basis points. These include rates at 80% loan-to-value (LTV) and a product… The post NatWest and Gatehouse Bank reduce rates appeared first on Mortgage Strategy.
Keystone Property Finance has expanded its refurb to let range by introducing higher loan-to-value (LTV) products. The specialist buy to let lender has added two new short-term products, increasing the maximum LTV available on loans between £100,000 and £1m. Rolled up options are now available… The post Keystone expands refurb to let range appeared first on Mortgage Strategy.
