Mortgage
Deal to buy Metro Bank off as buyer walks away
US private equity firm Carlyle Group has pulled out of talks to buy Metro Bank. In a statement to the...
HUD Updates Appraisal Guidelines
The FHA and HUD are updating appraisal requirements for residential mortgage loans guaranteed by the Federal Housing Administration. In June...
NatWest rings changes after £3bn Metro mortgages transfer
NatWest says it will complete the legal title of transfer of 13,000 mortgages from Metro Bank on Monday (22 November),...
Second Charge Watch: Broadening the proposition
Since April 2020, and starting from such a low point for many sectors in the early stages of Covid-19, recovery...
BM Solutions raises rates on BTL remortgages by up to 15bps
BM Solutions will raise rates on a range of products on Monday (22 November). The broker-only arm of Birmingham Midshires...
Bridging loans slip 6.1% to £1bn in Q3: ASTL
Bridging loan completions fell by 6.1% in the third quarter of the year to £1bn, compared to the previous three...
Shawbrook extends BTL offering
Shawbrook Bank has extended its buy-to-let range with a new portfolio product. This new deal is predominantly aimed at portfolio...
Blog: Don’t get swept away by the changing winds
Many people will have been surprised to see the Bank of England hold the base rate at 0.1% this month,...
Simplify provides updated comment on IT outage
Simplify Group, certain IT systems of which went down on 7 November after expiring a security incident, reports that it...
Accord reprices BTL product transfers
Accord is repricing its buy-to-let product transfer range on Friday with a mixture of rate increases and reductions. Its current...
Insurance Watch: Spreading the word
As an industry, we’re well versed in the fact that insurance plays an important role in supporting people and their...
Openwork hires Stuart Dodson as managing director
The Openwork Partnership has appointed Stuart Dodson to the new role of managing director to strengthen relationships with partner firms....
