Mortgage

Borrowers turn to second charge amid rising living costs

More borrowers are turning to second charge borrowing as the cost of living rises, according to the latest criteria tracker...

Inflation rises again to hit 5.5%

Inflation as measured by the consumer price index (CPI) slightly in January, up from 5.4% in December 2021 to 5.5%....

FHA Mortgage Insurance: What You Need To Know

When you apply for an FHA mortgage, you are required to have mortgage insurance. This comes in the form of...

Majority of remortgages taken in 2021 five-year fixes: LMS

Over half – 52% – of remortgages in 2021 were on a five-year fix, shows LMS’ annual remortgage report. Meanwhile,...

Shared ownership advancing outside London, says LBS

First-time buyers (FTBs) are increasingly turning to shared ownership to get on the property ladder, according to recent data from...

TML simplifies resi offering; scraps underwriting cascade

The Mortgage Lender (TML) has reduced the number of tiers for its residential products to four and scrapped its underwriting...

Affinity Mortgages added to Proportunity broker panel

Affinity Mortgages will now be able to offer its clients Proportunity shared equity loans, following the addition of the lender...

Second Charge Watch: Charge your glasses

Who doesn’t love a bit of nostalgia? Now, I was born right at the start of the 1980s, so for...

Metro Bank chief financial officer leaves firm

Metro Bank has announced that its chief financial officer David Arden will leave the firm on 1 April. Additionally, he...

First 4 Bridging re-hires for intermediary role

Besmir Kurti has been appointed head of intermediary relations for the South of England at First 4 Bridging (F4B). Kurti...

End of 2021 busiest period ever for brokers: Imla

The final quarter of last year saw brokers process more cases than they ever have before, says the Intermediary Mortgage...

PEXA to enter UK property market with remortgage solution

Australian fintech PEXA is launching into the UK property market this year, with a solution designed initially for the nation’s...