Mortgage
Comment: Satisfaction rates say it all
The pandemic finally feels like it’s permanently in the rear-view mirror. Reading about the next novel coronavirus and the fears...
Chancellor calls in lenders over mortgage crisis
The mortgage summit called by the Chancellor to ensure lenders use forbearance on borrowers struggling to pay their home loans...
FHA Loan Rules For Income: Investments, Trusts, and Promissory Note Payments
Part of the FHA loan approval process involves the lender verifying an applicant’s income. FHA rules state that for purposes...
Rate rise reaction: Bank bids to grip inflation
Brokers and markets will hope that the Bank of England’s 50 basis points base rate rise to 5% is a...
AMI launches mentoring programme with IMLA and DIFF
The Association of Mortgage Intermediaries (AMI) is introducing a new cross industry mentoring programme in association with the Intermediary Mortgage...
Skipton to increase SVR by just 0.25%
Skipton Building Society has confirmed it will only increase its standard variable rate by 25 basis points, despite the Bank...
Bank raises base rate to 5%
The Bank of England (BoE) has increased the base rate by 50 basis points to 5% — its 13th consecutive...
Business rent twice as expensive as mortgage repayments
It is still cheaper long-term for businesses to purchase a commercial property. The average commercial mortgage repayment is £1,402 pcm,...
Gap between landlord two and five-year loans narrows: Landbay
The gap between two and five-year landlord fixed-rate remortgage options is closing, data from Landbay shows. Four out of 10...
Housing construction falls sharply but 2024 recovery expected
The construction sector will continue to contract during 2023, although growth is modest growth is forecast for the sector in...
Clydesdale lifts resi and BTL rates by up to 40bps, launches products
Clydesdale Bank has lifted the rates on all of its existing residential and buy-to-let fixed rate deals by 40 basis...
Satisfaction rating of lenders increases
Smart Money People’s latest Mortgage Lender Benchmark study reports an increase in overall broker satisfaction since the last study (second...
