Mortgage
Paragon adds new five-year fixes to BTL range
Paragon Bank has launched four new five-year fixed rate products for buy-to-let (BTL) borrowers. The mortgages are available at 70%...
Santander withdraws 60% LTV fixes; ups fees and makes rate changes
Santander has withdrawn all of its 60% LTV fixed rate products on what it says is a temporary basis “in...
HSBC rumoured to be considering tightening affordability tests
The Sunday Telegraph reports that HSBC is considering tightening its mortgage affordability calculations. Sources tell the newspaper that any changes...
Retirement interest-only mortgages still struggling to make waves
The number of retirement-interest only (Rio) mortgages sold doubled on an annual basis in the third quarter of 2021, Responsible...
Precise Mortgages appoints BDM for South West
Precise Mortgages has appointed a new business development manager (BDM) to strengthen its support for intermediaries in the South West...
Pepper Money cuts minimum income for landlords amid criteria changes
Pepper Money has made changes to its buy-to-let (BTL) criteria. The lender has reduced minimum income requirements to £15,000 for...
Switching mortgage could save over £2,000 a year: L&C
Switching from an average standard variable rate (SVR) to a new fix could save more than £2,200 a year, calculates...
Zurich launches stand-alone critical illness cover
Zurich has launched stand-alone critical illness cover to support customers who do not want a product combined with life insurance....
Bluestone issues new cashback remortgage
Bluestone Mortgages has brought out a new remortgage product that features a cashback benefit. The remortgage is available at up...
FCA fined UK financial organisations £568m in 2021
The Financial Conduct Authority (FCA) has fined financial organisations in the UK for a total of £568m in 2021. This...
Openwork signs four specialist mortgage lenders to panel
The Openwork Partnership has added four specialist residential and buy-to-let lenders to its panel. Foundation Home Loans, Landbay, Pepper Money...
Saffron announces new senior risk team
Saffron Building Society has appointed Clive Moore as new chief risk officer and Natalie Duncan as deputy chief risk officer....
