Mortgage
Second feature: Rise of borrowers with credit blips
ShutterstockMortgage brokers are receiving more applications from customers who have experienced credit problems, as the cost-of-living crisis, much higher interest...
Foundation reduces owner-occupier and BTL rates by up to 0.85%
Foundation Home Loans has announced rate reductions of up to 0.85% on its core owner-occupier product range and 0.60% on...
Housing Watch: Positivity on the horizon
The past six months have brought mixed results across the market for everyone, with fluctuations in rates, shifting buyer preferences...
Right Mortgage Network revamps Consumer Duty hub
The Right Mortgage & Protection Network has revamped its Consumer Duty hub for member firms ahead of the launch of...
Brokers demand lenders act on FMA submissions
Last week Mortgage Strategy reported on Hanley Economic Building Society providing its intermediary partners with a minimum of seven days...
Mortgage Advice Bureau sees 6% drop in broker numbers
The Mortgage Advice Bureau (MAB) saw total broker numbers fall following the mini-budget fallout. In its latest trading update, published...
TSB debuts 3-year purchase and remo range
TSB has launched a three-year fixed-rate purchase and remortgage range, as borrowers search for options to combat rising interest rates,...
Later-life lending business impacted by ‘wait-and-see’ approach
Total equity release lending in the first half of 2023 was £1.38bn, down markedly from the £3.43bn in 2022. These...
Coventry BS to cut all 2-year, 5-year resi and BTL fixes
Coventry Building Society says it will cut its entire range of two- and five-year residential and landlord fixed-rate loans on...
Lloyds reveal strong H1 numbers but storm clouds gathering
Lloyds Banking Group produced strong half years numbers this morning with statutory profits after tax of £2.9bn – up 17%...
West One relaunches resi loans, adds national account manager
West One Loans has brought back its range of fixed-rate residential loans and boosted its senior team. The specialist lender...
Rising rental yields ‘signal opportunity for investors’
UK rental yields have seen a marginal increase in the past year despite the volatile nature of the housing market,...
