Mortgages

Vernon BS launches credit repair mortgage

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 joins BDLA

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 hires Mughal to case management team

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 launches in Scotland

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 appoints two to its intermediary team

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.

Twenty7tec unveils Elevate podcast for advisers

Twenty7tec has announced the launch of Elevate, a podcast created to support advisers. The company said there was a need for the podcast as the advice landscape evolves and mortgage and wealth conversations become increasingly connected. Elevate will explore a broad range of topics through… The post Twenty7tec unveils Elevate podcast for advisers appeared first on Mortgage Strategy.

Santander UK hires Merritt from Yorkshire Building Society

Santander UK has appointed Ben Merritt as head of mortgage trading. Merritt joins Santander from Yorkshire Building Society, where he was director of mortgages, as well as an executive director at Accord. Merritt will report into David Morris, Santander UK’s head of homes. Merritt will… The post Santander UK hires Merritt from Yorkshire Building Society appeared first on Mortgage Strategy.

Rate reductions from both Coventry and Newcastle

Coventry for intermediaries has cut selected residential rates, with reduced options available for new and existing customers. Rates have reduced by up to 10bps with two, three and five-year fixed rates available. A number of these products are specifically aimed at supporting first time buyers… The post Rate reductions from both Coventry and Newcastle appeared first on Mortgage Strategy.

Fixed-rate mortgage prices continue upwards creep: Moneyfacts

Fixed-rate mortgage pricing continued to rise this week, according to the latest Moneyfacts Rate Watch. The typical two-year fix rose 1bps to 4.86%, with the average five-year fix increasing by 3bps to 4.96%, Moneyfacts found. Last week the typical two-year fix was priced at 4.85%… The post Fixed-rate mortgage prices continue upwards creep: Moneyfacts appeared first on Mortgage Strategy.

Mortgage Strategy’s Top 10 Stories: 02 Feb to 06 Feb

This week’s top headlines: Virgin, Nationwide and Principality lift mortgage rates and ‘mortgage prisoners’ lose Court of Appeal challenge against TSB. Explore these and other major industry updates below:  Virgin, Nationwide and Principality lift mortgage rates Virgin Money will increase selected mortgage rates across… The post Mortgage Strategy’s Top 10 Stories: 02 Feb to 06 Feb appeared first on Mortgage Strategy.

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