The Shared Ownership Council has transferred responsibility for its operator code to the New Homes Quality Board as the body winds up. The council has moved the running of its shared ownership code to the NHQB, a non-profit organisation, which sets the standard for the… The post Shared Ownership Council transfers code to NHQB as it wraps up appeared first on Mortgage Strategy.
The Mortgage Works launches limited company buy-to-let products, while Newcastle for Intermediaries refreshes its interest-only product transfer process. The Mortgage Works, the landlord loans arm of Nationwide Building Society, will add free legal options for limited company BTL on its two and five-year fixed rate… The post TMW intros ltd company loans, Newcastle refreshes interest-only PTs appeared first on Mortgage Strategy.
Pepper Money has appointed Michelle Walsh to the role of regional development Manager, covering the North West. Walsh joins Pepper Money after more than 12 years with Nationwide, most recently serving as a business development manager. Prior to joining Nationwide, she spent over a decade… The post Pepper Money appoints Walsh to North West BDM role appeared first on Mortgage Strategy.
The Equity Release Council and the Association of Mortgage Intermediaries (AMI) have launched a new joint statement, From Designing to Delivering the Future: From Summit to Shared Commitment, outlining a coordinated approach to tackling the challenges facing the later life lending market. The statement, developed… The post ERC and AMI join forces to transform later life lending appeared first on Mortgage Strategy.
The Right Mortgage & Protection Network has promoted Jack Norrey to compliance director. Norrey has been with the network since 2015, most recently as head of regulatory governance, where he oversaw product risk, financial promotions, data protection and adviser authorisations. He has helped the network… The post Right Mortgage Network appoints compliance director appeared first on Mortgage Strategy.
The Conservatives have pledged to hand young people a £5,000 tax rebate towards their first home. The vow came from shadow chancellor Sir Mel Stride, who said his party’s ‘first-job bonus’ would go to people in full-time work, with their national insurance payments diverted… The post Conservatives vow to hand £5,000 tax rebate to FTBs appeared first on Mortgage Strategy.
HSBC has introduced top slicing alongside its buy-to-let mortgages. The bank says the move allows the personal income of borrowers to supplement rental income in affordability assessments, “unlocking greater borrowing potential, especially in lower-yield areas”. Landlords whose rental income falls short of a property’s… The post HSBC launches top slicing for landlord loans appeared first on Mortgage Strategy.
Shawbrook has announced plans to float on the London Stock Exchange, in a move that could value the specialist lender at £2bn, which would make it the biggest initial public offering in London this year. The bank, founded in 2011, offers mortgages for professional landlords,… The post Shawbrook confirms London IPO appeared first on Mortgage Strategy.
Plans to cut homebuying by a month and save buyers over £700 have been launched by the housing department. Labour has launched a Home Buying and Selling Reform consultation, which it says “will speed up the sluggish housing market by halving the number of failed sales,… The post Govt plans homebuying ‘shake up’ to cut time and costs appeared first on Mortgage Strategy.
The Cumberland Building Society has announced that Stuart Miller will take on the role as chief executive, subject to regulatory approval. Miller joins from Newcastle Building Society and brings over 38 years of experience in financial services. He will succeed Des Moore in 2026, following… The post The Cumberland appoints Miller as chief exec appeared first on Mortgage Strategy.
