Hello, market watchers, and welcome back from wherever you have been. For those of you who have been holding the fort for others, thank you. It has been an eventful summer, to say the least, and the next few weeks promise to be as unpredictable… The post Market Watch: Is this the real life? Is this just fantasy? appeared first on Mortgage Strategy.
Brokers can now use Xplan Mortgage software to submit decisions in principle for all Nationwide home applications, says financial technology firm Iress. The tech business adds that its software supports self-employed, contractors, foreign nationals and interest-only loan enquiries made through the lender, adding that it is… The post Nationwide and Iress partner on DIP applications appeared first on Mortgage Strategy.
First Mortgage Solutions has hired Jamie Morgan as the new sales director of the South Wales-based mortgage and protection business. It says Morgan’s task will be to “drive sales performance, build strong partnerships, and support the firm’s commitment to making the mortgage journey simple, transparent,… The post First Mortgage Solutions hires Morgan as sales director appeared first on Mortgage Strategy.
Pexa has added sales and purchase functions to its existing remortgage option on its digital property exchange platform. The move follows the completion of its first digital sale and purchase transaction with Hinckley & Rugby and Muve earlier this year. The firm says: “Combining the capabilities of… The post Pexa adds sales and purchase function to property platform appeared first on Mortgage Strategy.
The number of borrowers who locked into a new deal up to six months before their previous deal matured jumped by 43% in the latest set of data from the FCA. Data collected by the regulator on uptake of the voluntary Mortgage Charter show that… The post Jump in borrowers locking in early then switching again: FCA appeared first on Mortgage Strategy.
New housing secretary Steve Reed has vowed to “build, baby, build” ahead of a key first meeting with Britain’s biggest developers and housebuilders this week. Reed told senior civil servants over the weekend that this will be his mantra at his new post, according… The post Housing secretary vows to ‘build, baby, build’ ahead of developers meeting appeared first on Mortgage Strategy.
LendInvest has appointed Dan Lohn to its development finance team as a relationship manager. With over a decade of experience in development lending and a property developer and investor himself, Lohn will be reporting to Steve Larkin, managing director of the division. Previously, Lohn worked… The post LendInvest boosts development finance team with new hire appeared first on Mortgage Strategy.
Deutsche Bank has pushed back the likelihood of a final base rate cut in 2025 by a month into December. The German bank says that an interest rate reduction in the final three months of the year was “ultimately a coin-toss between November and… The post Deutsche Bank pushes back next base rate cut forecast to December appeared first on Mortgage Strategy.
Hodge has increased the maximum loan-to-value on its Resi and Resi Retire mortgage range to 95%. The products are available to borrowers from the age of 21 with varied income types as Hodge moves towards a “lifelong lending” model. By bringing together its core and… The post Hodge lifts max LTV to 95% appeared first on Mortgage Strategy.
The share of Londoners moving away from the capital has fallen to its lowest level in 12 years, analysis by Hamptons has shown. More employers requiring staff to return to the office has been a major factor, combined with slower house price growth in the… The post Share of buyers leaving London at lowest level in 12 years appeared first on Mortgage Strategy.
