Mortgage

Approved Finance Group launch new property division

Approved Finance Group has announced the launch of a new property division. Approved Property Finance has been designed to support...

House prices 8.4 times higher than average income – ONS

Average house prices in England are 8.4 times higher than the average household income, new figures from the Office for...

Brokers still uncertain about remainder of 2023: Crystal

New research from Crystal Specialist Finance, reveals how mortgage brokers viewed the market in the first half of 2023 and...

Lenders show decent profit but tough times ahead

The Nottingham Building Society reveals a positive financial performance for the half year to end of June, achieving growth in...

Second feature: Rise of borrowers with credit blips

ShutterstockMortgage brokers are receiving more applications from customers who have experienced credit problems, as the cost-of-living crisis, much higher interest...

Foundation reduces owner-occupier and BTL rates by up to 0.85%

Foundation Home Loans has announced rate reductions of up to 0.85% on its core owner-occupier product range and 0.60% on...

Housing Watch: Positivity on the horizon

The past six months have brought mixed results across the market for everyone, with fluctuations in rates, shifting buyer preferences...

Right Mortgage Network revamps Consumer Duty hub   

The Right Mortgage & Protection Network has revamped its Consumer Duty hub for member firms ahead of the launch of...

Brokers demand lenders act on FMA submissions

Last week Mortgage Strategy reported on Hanley Economic Building Society providing its intermediary partners with a minimum of seven days...

Mortgage Advice Bureau sees 6% drop in broker numbers

The Mortgage Advice Bureau (MAB) saw total broker numbers fall following the mini-budget fallout. In its latest trading update, published...

TSB debuts 3-year purchase and remo range  

TSB has launched a three-year fixed-rate purchase and remortgage range, as borrowers search for options to combat rising interest rates,...

Later-life lending business impacted by ‘wait-and-see’ approach

Total equity release lending in the first half of 2023 was £1.38bn, down markedly from the £3.43bn in 2022. These...