Mortgage
OMS announces integration with Air Sourcing
One Mortgage System (OMS), the enquiry to completion processing platform for brokers, has announced a full application programming interface (API)...
Lendco launches light works bridging loan
Lendco has launched a bridging product aimed at real estate investors who buy and modernise properties. The specialist lender’s standard...
Autumn Statement: permitted development and LHA changes boost for landlords
The Chancellor may have largely ignored housing in yesterday’s Autumn Statement but key measures should help landlord and provide support...
Newcastle Intermediaries cuts interest-only home loans by up to 25bps
Newcastle Intermediaries has cut rates on interest-only loans by up to 25 basis points. Newcastle Building Society’s broker-only arm says...
Chancellor “misses open goal” to reform stamp duty and help downsizers
The Chancellor missed an opportunity in yesterday’s Autumn Statement to deliver meaningful reforms to stamp duty that could help older...
Virgin Money mortgage book slips 1% to £57.5bn
Virgin Money says its mortgage book slipped 1.1% during in the year to £57.5bn compared to 12 months ago, “as...
OBR forecasts reveal barriers to homeownership set to increase
The barriers to homeownership will continue to rise higher locking out thousands of people particularly first-time buyers, according to forecasts...
HSBC’s Beardshaw elected Imla management committee chair
HSBC UK head of sales, mortgage Intermediaries Richard Beardshaw has been elected as the management committee chair of the Intermediary...
Record IHT receipts set to top £47bn: OBR
Inheritance tax will rise by £2.1bn to £47.1bn over the next five years, according to the Autumn Statement forecast from...
Paul Brett leaves Landbay after seven years
Landbay managing director for intermediaries Paul Brett has left the business after seven years. Brett, who wound up his role...
BSA chief frustrated no move on Lisa for housebuyers
The Building Society Association has expressed disappointment that the Autumn Statement made no mention of changes to Lisa limits. There...
Foundation Home Loans cut rates on BTL range
Foundation Home Loans has cut rates on a number of buy-to-let limited edition products and launched a new five-year limited...