United Trust Bank Mortgages has joined the lender’s panel of home loan and insurance network Mortgage Intelligence as the specialist bank extends its range of products to brokers. The move will see the bank offer its residential, buy-to-let and second charge loans, aimed at those… The post UTB joins Mortgage Intelligence lender panel appeared first on Mortgage Strategy.
Mortgage applications jumped 9.2% year-on-year in July, Stonebridge reveals, confirming sustained market momentum as borrowing costs fall. In Stonebridge’s latest data from its national network of advisers it found that the average mortgage rate dropped to 4.44%, down 62 basis points from a year earlier.… The post Mortgage applications jump 9.2% in July: Stonebridge appeared first on Mortgage Strategy.
Could you provide a brief overview of your career to date? I’ve been in the mortgage industry for more than 30 years. I worked at Northern Rock for 17 years as a business development manager (BDM), corporate account manager, northern divisional manager and head of… The post One to One: Ian Andrew, managing director of intermediary sales, Nationwide appeared first on Mortgage Strategy.
The Mortgage Stop has joined the boutique network New Leaf Distribution. Romsey-based mortgage broker, run by husband-and-wife team, Rohit and Rita Kohli has become an appointed representative of New Leaf. The Mortgage Stop had previously been with Stonebridge, the Kohlis say becoming an appointed representative… The post The Mortgage Shop joins New Leaf network appeared first on Mortgage Strategy.
As the UK property and finance sectors continue to evolve, bridging loans are emerging as a mainstream tool rather than a last-resort solution. Once the preserve of developers and high-net-worth individuals, these short-term funding options are gaining broader appeal among property investors, landlords and homeowners.… The post Bridging Watch: Promise of a dynamic future appeared first on Mortgage Strategy.
Gen H is increasing some mortgage rates by up to 25 basis points this afternoon while trimming others and Virgin Money is cutting rates and introducing new products. From 5.30pm today, Gen H is repricing a number of deals, including raising two-year fixes at 60%… The post Gen H hikes rates by up to 25bps and Virgin trims prices appeared first on Mortgage Strategy.
The Land Registry is encouraging conveyancers to start submitting documents that are signed with electronic signatures. Adopting this process means that there no longer needs to be a third party to witness the signature of property deeds and no printer is required. Qualified electronic signatures… The post Land Registry accepts electronic signatures appeared first on Mortgage Strategy.
Prices of million-pound-plus homes in London rose 7.4% in the last quarter, leaving values 2.3% higher than this time last year, Coutts Real Estate has found. This leaves these prices just 4.1% below their market peak, according to the latest data on London’s prime residential… The post Price of million-pound-plus London homes rise 7.4% in Q2 appeared first on Mortgage Strategy.
This week’s top headlines: NatWest partners with Landbay to offer limited company buy-to-let deals, and court ruling closes stamp duty loophole. Explore these and other major industry updates below: NatWest partners with Landbay to offer limited company buy-to-let deals NatWest has partnered with specialist lender… The post Mortgage Strategy’s Top 10 Stories: 28 July to 01 Aug appeared first on Mortgage Strategy.
Mortgage prices edged downwards this week as lenders tweaked pricing and policy to attract borrowers ahead of a possible August base rate cut. The average two-year fixed mortgage rate dropped by 0.02% to 5.01%, the latest Moneyfacts ratewatch data shows. This means the typical two-year… The post Mortgage rates edge down as lenders loosen requirements: Moneyfacts appeared first on Mortgage Strategy.
