Virgin Money has announced product changes that will launch tomorrow (28 October). The lender has added two-year ERC free tracker rates with a fee of £999 with rates starting from 4.29% and two-year ERC free tracker rate fee-savers with rates launching from 4.99%. It has… The post Virgin launches new products, Principality Intermediaries lowers rates appeared first on Mortgage Strategy.
Offa has appointed Firoza Ismail as business development manager. Ismail brings experience from the financial sector, with expertise in Sharia-compliant finance and a strong background as a financial broker. Her career includes key roles at leading Islamic banks where she consistently demonstrated a proactive and… The post Offa hires Ismail as BDM appeared first on Mortgage Strategy.
Treasury proposals to cut the cash Isa limit in a bid to switch savers into stocks and shares investing is likely to fail and risks pushing up mortgage costs, MPs warn. The call from the Treasury Committee comes after the Chancellor is understood to… The post Cutting cash Isas likely to drive up mortgage costs: MPs appeared first on Mortgage Strategy.
Vibrant Mortgages has joined Stonebridge’s network as a new appointed representative (AR) firm. Based in Birmingham, Vibrant Mortgages provides whole-of-market mortgage and protection advice to borrowers across the whole of the UK. Stonebridge is an independent network in the UK, arranging around £15bn of mortgage… The post Vibrant Mortgages partners with Stonebridge appeared first on Mortgage Strategy.
The government has announced a new common-sense approach to environmental regulation to support its new homes drive. Environment minister Emma Hardy today revealed that changes to the environmental permitting system will reduce waiting times for permits. This aims to get businesses building and delivering new… The post New common-sense approach to environmental regs to support new homes drive: Govt appeared first on Mortgage Strategy.
West Brom Building Society has cut rates by up to 24 basis points across a range of three- and five-year fixed rate mortgages, aimed at first-time buyers, home movers and people looking to remortgage. The mutual says that for FTBs and home movers, it… The post West Brom BS cuts selected 3-, 5-year rates by up to 24bps appeared first on Mortgage Strategy.
Santander UK will extend remortgage funds for customers to up to 90% of the value of their property from Tuesday. This moves the high street bank’s previous limit for borrowers looking to capital raise while remortgaging from a maximum of 85% loan to value. The lender… The post Santander extends capital raise remortgages to 90% LTV appeared first on Mortgage Strategy.
This week’s top headlines: Renter’s Rights Bill to become law as it heads for Royal Assent and over a quarter of principal firms fail to conduct AR financial crime tests: FCA Explore these and other major industry updates below: Renter’s Rights Bill to become law as… The post Mortgage Strategy’s Top 10 Stories: 20 Oct to 24 Oct appeared first on Mortgage Strategy.
Landbay has reduced buy-to-let mortgage rates across its entire range and Shawbrook has introduced new products. At Landbay, its specialist range has seen the largest cuts, with small houses in multiple occupation (HMO) and multi-unit freehold block (MUFB) products reduced by up to 25bps and… The post Landbay cuts rates by up to 25bps and Shawbrook boosts range appeared first on Mortgage Strategy.
NatWest net mortgage lending came in at £1.7bn in the third quarter of the year, up around 1% from the previous three months. Its home loans portfolio lifted 2.5% to £212.1bn from the end of the final quarter of last year, with an average… The post NatWest lifts mortgage lending by £1.7bn in Q3 appeared first on Mortgage Strategy.
