Mortgage

Feature: Talent scheme – Securing the industry’s future

Shutterstock/Andrii Yalanskyi“It’s a huge beast to turn but if we can’t attract the calibre of candidates now then we are...

Average fixed rates rise after MPC interest hike

Average fixed mortgage rates continued to rise this week as the BoE raised interest rates to 5%. Moneyfacts reveals that...

Mortgage Strategy’s Top 10 Stories: 19 June to 23 June

Catch up on Mortgage Strategy’s most popular stories this week. Michael Gove, the housing secretary, has expressed support for long-term...

FHA Mortgage Loan Terms: Understanding Equity

Home equity is an important term to understand when you’re applying for any kind of mortgage loan, but for some...

Remo searches jump 40% as BoE hikes rate: Twenty7tec  

Broker remortgage searches yesterday jumped by 38.8% to 40,902 enquires, compared to an average Thursday, says Twenty7tec. The data from...

London landlords may need to up rents £600 to remain in profit

Landlords would need to raise rents by £614 a month in London and the South East to remortgage at current...

Aldermore pulls resi and BTL ranges  

Aldermore will pull all of its residential and buy-to-let mortgage fixed-rate products on Monday 26 June “due to wider market...

Govt mortgage summit must ease crisis, say opposition parties  

Opposition parties have called on the Chancellor’s summit with lenders over the mortgage crisis to come up with concrete plans...

Comment: Satisfaction rates say it all

The pandemic finally feels like it’s permanently in the rear-view mirror. Reading about the next novel coronavirus and the fears...

Chancellor calls in lenders over mortgage crisis  

The mortgage summit called by the Chancellor to ensure lenders use forbearance on borrowers struggling to pay their home loans...

FHA Loan Rules For Income: Investments, Trusts, and Promissory Note Payments

Part of the FHA loan approval process involves the lender verifying an applicant’s income. FHA rules state that for purposes...

Rate rise reaction: Bank bids to grip inflation   

Brokers and markets will hope that the Bank of England’s 50 basis points base rate rise to 5% is a...