Mortgage

Rightmove weekly tracker shows rising rates

Not surprisingly given the activity in the mortgage market in recent days, Rightmove’s weekly mortgage tracker shows a noticeable increase...

Alimony and Child Support: FHA Loan Rules

FHA loan rules permit alimony and child support to be counted as verifiable income for borrowers who receive it and...

Vida launches 2-year limited edition BTL loan at 5.19%  

Vida has launched a two-year limited edition buy-to-let product at up to 75% LTV at an initial rate of 5.19%....

Buy-to-Let Watch: Long view on short-term lets

The government has announced potential changes to the regulatory landscape surrounding short-term property rentals, which include holiday lets and Airbnb....

Glenhawk reveals record month of lending

Glenhawk reports a record month of lending in May, providing £54m of short-term finance. This represented a 47% increase on...

Finova adds Pure Retirement to mortgage services panel  

Finova has added lifetime mortgage lender Pure Retirement to its payment and mortgage services panel. The mortgage and banking platform...

Virgin Money lifts resi, BTL variable rates by 50bps  

Virgin Money says it has raised mortgage variable revert rates at its brands by 50 basis points, following two Bank...

House building falling at steepest rate since May 2020

The latest UK Construction PMI data signals a modest upturn in overall UK construction output, driven by faster rises in...

Paragon Bank posts 19% jump in landlord lending  

Paragon Bank reported a 19% increase in buy-to-let lending during its first six months of the year to £1bn, adding...

HUD Takes Action To End Appraisal Bias

The Department of Housing and Urban Development is acting against bias in the appraisal system. “Owning a home provides a...

UK housing policy is ‘bonkers’: Family Building Society  

The chief executive of Family Building Society has called the “revolving door” of UK housing ministers over the last 13...

Together increases securitisation facility to £825m

Together Financial Services has successfully increased its revolving Lakeside securitisation programme (LABS) from £700m to £825m. The LABS facility finances...