“Risk is good,” and is a key feature of growing financial markets, said the Financial Conduct Authority’s chief economist Kate Collyer. The City regulator is “shifting our approach to risk, giving firms and consumers more space to innovate while still protecting markets,” she added in a… The post ‘Risk is good,’ says FCA chief economist appeared first on Mortgage Strategy.
United Trust Bank (UTB) has made two appointments to its growing property development division. Keeley Hawkes has joined as manager to support senior director of property development Daniel Carlisle. Hawkes brings experience in the real estate finance and construction sectors gained from roles with RBS,… The post UTB expands property development division with Hawkes and Argue appeared first on Mortgage Strategy.
Alice Pocock and Matthew Long have both stepped into new management roles in Newbury Building Society’s intermediary sales team Pocock, formerly a business development manager (BDM), will now lead on service delivery and sales adviser support. Meanwhile, former senior BDM Long will take overall responsibility… The post Newbury BS promotes Pocock and Long appeared first on Mortgage Strategy.
The Co-operative bank for intermediaries has relaunched its mainstream and buy-to-let mortgage (BTL) ranges for both new business and retention. For new customers, the 95% loan-to-value (LTV) three-year fixed with a fee of £999 and a 90% LTV five-year fixed with no fee have decreased… The post Co-op relaunches mainstream and BTL ranges, Accord increases BTL new business rates appeared first on Mortgage Strategy.
The Mortgage Works has announced it will cut selected two and five-year fixed rate products across its mortgage range for new and existing customers, effective tomorrow (18 September). Limited company buy-to-let (BTL) and BTL products will see reductions of up to 0.15%. Limited company BTL… The post The Mortgage Works cuts selected two- and five-year fixes appeared first on Mortgage Strategy.
Property group OneDome has launched an app that rewards consumers with cash prizes, leading up to a car, by referring others to its mortgage and home-buying services. The fintech and broker firm says its DomeHive app “capitalises on the power of personal and professional networks by rewarding… The post OneDome launches customer referral app with car as top prize appeared first on Mortgage Strategy.
UK landlords remain committed to the private rented sector with nearly 60% of buy-to-let landlords indicating no intention to sell any of their properties over the next year. This is according to the latest survey from Landbay which reveals that 58% of landlords will not… The post Majority of landlords no plans to sell: Landbay appeared first on Mortgage Strategy.
The vast majority of UK homeowners are concerned that proposals to replace stamp duty with a flat property tax would rise over time and present a “significant financial burden”. A poll of property owners finds that 96% of respondents believe that the 0.5% proposed annual… The post Homeowners fear new property tax would present ‘significant burden’: Poll appeared first on Mortgage Strategy.
The Building Societies Association has appointed Sarah Harrison as chief executive, replacing Robin Fieth. Harrison will join from the UK Government Cabinet Office where she is currently chief operating officer. She has over 30 years in strategic leadership roles as a public servant, working for… The post Building Societies Association appoints Harrison as chief executive appeared first on Mortgage Strategy.
Melton Building Society is launching credit repair mortgage deals with no completion fees. The products for borrowers with light to heavy adverse, which are categorised from near prime enhance at the lightest end of the scale, to credit recovery at the heaviest. Its new credit… The post Melton boosts credit repair range with new deals appeared first on Mortgage Strategy.
