Mortgage

Coventry unveils online product transfers

Brokers will now be able to submit like-for-like product transfers through Coventry for intermediaries online. The process uses the Iress...

Weekly rate watch: Price rises pick up pace

Average fixed rates moved up across the board this week, Moneyfacts data shows, picking up pace from last week’s slower...

Molo partners with ColCap as it looks to relaunch back into BTL market

Molo Finance has formed a partnership with ColCap Financial, a privately owned Australian non-bank financial institution specialising in mortgage lending....

Precise Mortgages expands refurbishment BTL products

Precise Mortgages is set to enhance its refurbishment buy-to-let (BTL) range to offer new exit products. Previously the product combined...

Gap between maximum and minimum loan sizes widens: MBT

The gap between the average maximum and minimum loan sizes is at its widest since Mortgage Broker Tools started reporting...

Mortgage borrowing dips in June: BoE

Net mortgage borrowing dropped from £8bn in May to £5.3bn in June, reports the Bank of England (BoE). The bank...

Co-op Bank loses judicial review at high court against the FOS

The UK Mortgage Prisoners Action Group say “the unfairness” of their situation for the last decade “is finally being recognised”...

Nationwide increases rates to new business and switcher fixes

Nationwide has announced rate increase to its fixed-term products across new business and its switcher range, effective 29 July. For...

Article Update: Do Townhouses Qualify For FHA Loans?

Back in 2018, we published an article about the FHA home loan rules for townhouses. Do they qualify for FHA...

Monthly remortgage repayments jump by £236 in June: LMS

Borrowers who remortgaged in June saw their average monthly payment jump by £236, according to LMS. The conveyancing services firm’s...

Investec joins Primis lender panel

Primis Mortgage Network has welcomed Investec as the first private bank to lend on its panel. Investec specialises in residential...

UK average rent up 8% annually: DPS

Rents in the UK went up by 8.21% on average between the second quarter of last year and the second...