The percentage of borrowers securing deals at 95% loan-to-value has increased by 61% from 2024 to the start of this year, new analysis by Mojo suggests. In 2024, it says that 7.7% of its customers secured a mortgage at 95% LTV or higher, while in… The post Mojo sees 61% jump in buyers securing 95% LTV deals appeared first on Mortgage Strategy.
Scottish Building Society has unveiled one-click mortgage applications for select brokers. The quicker applications are powered by software called FastSubmit, from Instamo. FastSubmit removes the need for brokers to manually key cases into lender portals. The solution automatically puts structured application data directly into lender systems,… The post Scottish Building Society unveils one-click applications appeared first on Mortgage Strategy.
StreamBank has hried Kendyl Binnie and Denise Davies to support broker growth. Binnie has joined as business development manager, while Davies strengthens the bank’s underwriting team as a senior underwriter. Binnie brings six years’ experience in specialist lending, including first and second charge loans, short… The post StreamBank hires Binnie and Davies appeared first on Mortgage Strategy.
Nationwide to allow a mortgage deed to be signed electronically and without the need for a witness. Anyone purchasing a property or looking to remortgage with Nationwide will now be able to sign their mortgage deed electronically, if their solicitor or conveyancer is set up… The post Nationwide allows mortgage deeds to be signed digitally appeared first on Mortgage Strategy.
Nearly one in four UK adults (24%) say they lack confidence when comparing financial products, according to research from specialist lender Pepper Money. The lender said this shows widespread uncertainty around everyday money decisions, from choosing credit options to knowing which debts to prioritise. The findings… The post One in four adults lack financial confidence, says Pepper appeared first on Mortgage Strategy.
Vernon Building Society has launched a new credit repair mortgage range. The range is designed to help borrowers who have experienced historic credit issues but are now in a stable position and ready to move forward. The range comprises three products available for both purchase… The post Vernon BS launches credit repair mortgage appeared first on Mortgage Strategy.
Brickflow has joined the Bridging & Development Lenders Association (BDLA) as an associate member. Brickflow is a digital marketplace for specialist property finance, designed to help brokers and borrowers secure development finance, bridging loans and commercial mortgages. The platform aims to improve transparency, speed and… The post Brickflow joins BDLA appeared first on Mortgage Strategy.
Alternative Bridging Corporation has appointed Kamil Mughal as case manager, based in the lender’s Manchester office. Mughal joins with a strong background in mortgage case management, compliance and financial crime prevention. He brings experience across residential and specialist lending, including bridging finance and buy-to-let, alongside… The post Alternative Bridging hires Mughal to case management team appeared first on Mortgage Strategy.
Gen H has launched into the Scottish market. The Scottish launch will initially be available exclusively through Mortgage Advice Bureau (MAB) brokers. The launch includes Gen H’s income booster proposition, which provides advisers with an alternative to guarantor mortgages, gifted deposits or complex family structures.… The post Gen H launches in Scotland appeared first on Mortgage Strategy.
Together has appointed Lewis Wheeler and Michael Kelsey to its intermediary team. Wheeler joins with nearly 15 years of experience in the mortgage industry, 12 of those within the specialist sector and a total of 18 years in financial services. He previously spent seven years… The post Together appoints two to its intermediary team appeared first on Mortgage Strategy.
