Mortgage

Second charge loans fall by 11% in May: FLA 

Second charge new business loans fell by 11% to £120m in May, compared to the same period year ago, according...

Imla and Ami publish lender funding Q&A guide  

Imla and Ami have published a joint online guide to lender funding for mortgage professionals, due to “recent and ongoing...

UK banks able to withstand severe economic shock

UK banks have sufficient reserves to withstand an extreme economic shock, that is more severe than the 2007-08 financial crisis,...

Family Building Society appoints joint directors of underwriting

Family Building Society has promoted Blaine Faragher and Phillip Townsend to joint directors of underwriting. They replace Andrew Deeley, who...

Homeowners face £220 monthly payments jump this year: BoE  

Homeowners remortgaging in the second half of this year will see their monthly mortgage payments jump by around £220, according...

Saffron launches self-employed campaign

Saffron for Intermediaries has launched a campaign to help its broker partners get more self-employed mortgage applications approved the first...

Major lenders insist no UK arrears crisis

UK bank and building society bosses came in front of the Treasury Committee today to discuss the state of the...

FHA Loan Options Post-Bankruptcy

There is a common reader question that goes something like this: “I had a bankruptcy discharged recently. How long do...

Cornerstone Tax cuts homebuyer stamp duty bills by £30m   

Advisor Cornerstone Tax says it has returned £30m of reclaimed stamp duty fees to clients over the past three years,...

Market Watch: Bombarded and nearly broken

Battered, bruised, bewildered, bloodied and bowed by the blistering barrage of rate changes — that’s the only way to start...

Lenders cut loan sizes by almost 20%: MBT 

Mortgage lenders have cut the loan size they offer to customers by almost a fifth, according to Mortgage Broker Tools,...

Leeds BS introduces BTL range for Ltd landlords

Leeds Building Society is launching a new range of buy to let mortgages for landlords operating as a limited company....