Fleet Mortgages has made a series of criteria enhancements designed to support a wider range of landlord borrowers and limited company structures. The buy-to-let specialist lender will now consider joint applications involving foreign nationals where at least one applicant is a British passport holder, has Indefinite… The post Fleet widens borrower and limited company criteria appeared first on Mortgage Strategy.
Nationwide and Virgin Money are increasing a range of mortgage rates from 16 July, with fixed-rate deals rising by as much as 35bps. Nationwide said it will increase selected fixed and tracker rates by up to 35bps. The increase will apply to products for first-time… The post Nationwide and Virgin Money raise rates by up to 35bps appeared first on Mortgage Strategy.
Barratt Redrow has renewed its call for the next Prime Minister to cut taxes and reduce regulation to support the housing market, as the housebuilder unveiled a £400million share buyback aimed at boosting shareholder returns. The FTSE 100 group said ministers must act on “the… The post Barratt Redrow calls on Burnham to cut taxes and unlock housing delivery appeared first on Mortgage Strategy.
Charles Street Finance has appointed Amjad Ibn-Abdul as a business development manager in the Midlands and South West. A former adviser with mainstream banks including HSBC, Lloyds and RBS, Ibn-Abdul joins from London-based lender Lakeshield, where he was a business development manager. Previously, he worked… The post Charles Street hires Ibn-Abdul as BDM for Midlands and South West appeared first on Mortgage Strategy.
Buy-to-let lender Landbay has launched a telephone sales team to support brokers throughout the application process. The team, led by telephone sales manager Jon Braddick, will focus on communication, pipeline management and broker engagement, supporting cases from decision in principle through to mortgage offer. Landbay… The post Landbay launches telephone support team appeared first on Mortgage Strategy.
InterBay and Foundation have cut rates and launched new buy-to-let deals. InterBay has cut rates by up to 20bps on buy-to-let rates for new customers as well as product transfers. Among the reductions, a two-year fixed rate at 75% LTV for new customers borrowing between… The post InterBay and Foundation cut buy-to-let rates and launch deals appeared first on Mortgage Strategy.
More than 96% of investors expect Andy Burnham to raise taxes over the next year, a new poll has found. The latest survey by Wealth Club carried out this month reveals that almost 53% of investors believe taxes will definitely rise and more than 43%… The post More than 96% of investors expect a Burnham tax raid appeared first on Mortgage Strategy.
Bank of Ireland has launched Joint Borrower Sole Proprietor (JBSP) options for remortgage customers. The lender has made the change to allow borrowers to use JBSP to help fund renovations or refinance following changes in family circumstances such as separation or divorce. In order to… The post Bank of Ireland opens JBSP to remortgage customers appeared first on Mortgage Strategy.
LSL Financial Services has appointed Piotr Nowosad as interim managing director. Nowosad (pictured) will lead the firm’s financial services division, with responsibility for Primis, TMA Mortgage Club, Novium and Linear, while the LSL board looks for a permanent managing director. He was formerly managing director… The post LSL appoints Nowosad as interim managing director appeared first on Mortgage Strategy.
MPs have warned that the government’s plan for tackling financial exclusion is “far from the finished product” and that industry voices may have held too much sway at the expense of consumer groups. Members of the Treasury Committee say the Financial Inclusion Strategy is a… The post MPs warn industry may have had too much sway on Treasury plan appeared first on Mortgage Strategy.
