Four in every five intermediaries say they think their confidence in the bridging market will grow over the next 12 months, according to new data from Black & White Bridging. One hundred intermediaries actively involved in bridging were polled by Black & White, with 82%… The post Four in five brokers bullish on bridging, says Black & White appeared first on Mortgage Strategy.
Virgin Money is cutting purchase, remortgage and product transfer fixed rates by up to 26bps. Purchase loans being cut include the lender’s five-year fixed rate fee-savers, by up to 26bps, with rates to start from 4.07%. Virgin Money is also making cuts of up to… The post Virgin Money pares back fixed rates appeared first on Mortgage Strategy.
Loans Warehouse has added Charles Street Finance to its specialist bridging lender panel. Charles Street is one of the longest-established independent property lenders in the UK market. Loans Warehouse says the addition of Charles Street further enhances its bridging proposition. In recent years, the business… The post Charles Street Finance joins Loans Warehouse’s specialist bridging lender panel appeared first on Mortgage Strategy.
Don’t miss the mortgage innovation event everyone is talking about! Mortgage Strategy’s Mortgage Innovation & Technology Live (MIT Live) event takes place tomorrow at Convene in central London. It has been uniquely designed to empower forward-thinking mortgage and protection business leaders to meet today’s challenges… The post MIT Live is tomorrow appeared first on Mortgage Strategy.
Landbay has launched a new specialist holiday let small multi-unit freehold block (MUFB) range. The lender has unveiled four two- and five-year fixed-rate products as part of its specialist range. The new products, all available up to 75% LTV, are: • Five-year fixed-rates available at… The post Landbay launches specialist holiday let range appeared first on Mortgage Strategy.
Kensington Mortgages has cut buy-to-let rates by up to 40 basis points and Coventry for Intermediaries has trimmed residential costs by up to 15 bps. At Kensington two-year fixed rates have been reduced by up to 15bps and five-year fixes by up to 9bps. Products… The post Kensington cuts BTL rates and Coventry trims resi prices appeared first on Mortgage Strategy.
This week’s top headlines: NatWest and Santander join FCA’s AI testing scheme and the average age of a first-time buyer has risen by 2 years since the pandemic. Explore these and other major industry updates below: NatWest and Santander join FCA’s AI testing scheme… The post Mortgage Strategy’s Top 10 Stories: 01 Dec to 05 Dec appeared first on Mortgage Strategy.
My alarm goes off at… …around 5.30am. Depending on the day, I like to make sure I have time for a gym session or yoga flow before my workday starts. I’m very much a morning person and feel the early start sets the right tone… The post Day in the Life of… Ashleigh Clark, Gatehouse Bank appeared first on Mortgage Strategy.
Building society growth is on the agenda of the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) with a new report into the mutuals sector. The Mutuals Landscape Report, published today, reinforces the regulators’ belief that mutuals are regulated according to the risks they… The post Building society growth on regulators’ agenda as sourcebook scrapped appeared first on Mortgage Strategy.
The number of lenders repricing mortgage rates doubled from 11 to 22 this week compared to last, the latest rate watch data from Moneyfacts reveals Average two-year fixed rates fell by 2 basis points over the past week to 4.85%, while three and five-year averages… The post Number of lenders repricing doubles week on week: Moneyfacts appeared first on Mortgage Strategy.
