Mortgage

Virgin Money scraps ICR minimum income for landlords  

Virgin Money has scrapped its minimum income requirement for interest coverage ratio for buy-to-let applications. However, the lender says that...

OSB and Skipton launch schemes to help landlords upgrade property

OSB Group and Skipton Building Society have launched two separate schemes to encourage landlords to invest in green homes. OSB...

Paragon Bank launches six BTL fixes and reduces ICR rate

Paragon Bank has added six buy-to-let (BTL) fixed-rate mortgages, with selected products featuring a reduced interest coverage ratio (ICR) rate...

Pallett joins the Nottingham as sales director

Nottingham Building Society has hired Alison Pallett as its new sales director. Pallett joins the society from LiveMore Capital where...

NatWest brings back tracker range, cuts fixes by up to 44bps  

NatWest will reintroduce its tracker range, as well as cutting fixed-rate loans by up to 44 basis points, for new...

Third of FTBs unaware of Shared Ownership Scheme: Leeds BS

A third of first-time buyers are unaware of the Shared Ownership Scheme, which could help them get on the housing...

Aldermore makes changes to owner-occupied and BTL mortgages

Aldermore has launched a range of discounted variable, fixed-rate buy-to-let (BTL), and residential owner-occupied mortgages. The new discounted rates include...

FHA Loan Program Rule Changes: Flood Insurance Coverage

Some borrowers want to buy homes in the desert, some want to buy homes that are located in areas prone...

Cash-Out Refinancing on Paid-Off Home

Our goal is to give you the tools and confidence you need to improve your finances. Although we receive compensation...

Virgin makes reductions to fixed rate line up

Virgin Money has made a number of cuts to its two-, three-, and five-year fixes of up to 50 basis...

Building Society loans up 11%, approvals down 9% in Q3: BSA 

Building Society loans lifted in the third quarter of the year, but mortgage approvals fell in the same period, suggesting...

Buckinghamshire BS launches two specialist five-year fixes

Buckinghamshire Building Society has launched two specialist five-year fixed-rate products. The first is for shared ownership applicants and the second...