Keystone Property Finance has entered into a new technology partnership with valuation panel management firm Method. The partnership will streamline the valuation process for its brokers and landlord clients on all valuations including the more complex ones such as houses of multiple occupancy and multi… The post Keystone enters tech partnership to streamline valuation process appeared first on Mortgage Strategy.
Interbridge Mortgages has added a new senior warehouse facility of up to £300m from Citi. The additional funding line is designed to add to the lender’s long-standing funding relationship. The new facility enhances overall flexibility, allowing Interbridge Mortgages to meet increasing demand, broaden its product… The post Interbridge announces £300m funding facility with Citi appeared first on Mortgage Strategy.
Younger and newer landlords will spearhead the continued increase in the proportion of buy-to-let (BTL) property held in limited company structures seen over the last decade, Paragon reveals. A survey of over 500 landlords revealed that 63% expect to make future property purchases through specialist… The post Rise of BTL transactions through limited companies set to continue: Paragon appeared first on Mortgage Strategy.
The investment potential of the London property market has ground to a halt, according to wealth management firm Rathbones. Recent analysis by estate agent Hamptons has found London sellers are more likely than anyone else to sell their home for less than they bought it… The post Wheels coming off London property investment, says Rathbones appeared first on Mortgage Strategy.
Furness Building Society has partnered with Gen H to help improve access to homeownership and supporting responsible growth in the mortgage market. The collaboration will expand access for borrowers who have historically struggled in the housing market due to challenges such as slow-rising or non-traditional… The post Furness BS partners with Gen H appeared first on Mortgage Strategy.
HLPartnership (HLP) has appointed Matthew Creswell as senior recruitment manager (South). Creswell joins HLPartnership with more than 15 years of experience across in-house and agency recruitment, most recently spending five years at Connells Group where he held the role of group recruitment director. His background… The post HLPartnership hires Creswell as senior recruitment manager appeared first on Mortgage Strategy.
Paragon Bank’s SME lending division has appointed Richard van Dort as head of business development vendor. With over 30 years’ experience in asset finance and banking, van Dort has built an extensive network and held senior leadership roles shaping global vendor programmes and forging strategic,… The post Paragon appoints van Dort to drive SME lending growth appeared first on Mortgage Strategy.
The Bridging & Development Lenders Association (BDLA)’s new chief executive Adam Tyler has formally started in his new role. With more than 30 years of experience in specialist property finance, Tyler previously served as chief executive of the National Association of Commercial Finance Brokers (NACFB)… The post Tyler starts chief exec role at BDLA appeared first on Mortgage Strategy.
Bank of Ireland for Intermediaries is increasing its maximum loan-to-income to six times income across its Bespoke mortgage range. In order to access the new income multiple, borrowers will need to meet a number of strict conditions, with single applicants requiring a minimum income of… The post Bank of Ireland extends max LTI across range appeared first on Mortgage Strategy.
Lender rate activity is picking up after the Christmas break, according to this week’s Moneyfacts rate watch. This week 15 lenders tweaked their rates, with the average two-year and five-year fix falling by 3bps to 4.8% and 4.88%, respectively. Meanwhile, the Moneyfacts average mortgage rate… The post Lender activity picks up after Christmas lull, says Moneyfacts appeared first on Mortgage Strategy.
