LiveMore increases maximum LTV and allows more adverse credit

By: ameer@trustedteam.com

LiveMore has increased the maximum loan value across its core range of products from £1m to £1.25m. ...

Read More

April Mortgages extends HLPartnership distribution deal

By: ameer@trustedteam.com

April Mortgages has extended its range of longer-term mortgages to all HLPartnership advisers as the new lender boosts its distribution chain. The Dutch-style lender, launched in February, offers house purchase...

Read More

Atom cuts large loan commercial mortgages by up to 68bps

By: ameer@trustedteam.com

Atom has cut fixed-rate loans across a raft of commercial mortgages, including large deals, by up to 68 basis points. The app-based bank says it will cut rates across its...

Read More

Homebuyers sacrifice space for affordability – survey

By: ameer@trustedteam.com

“Buyers place a high value on homeownership and are prepared to make significant compromises to invest in their future,” chairman Carl Harris said in NAHB’s news release. Despite buyers’ willingness...

Read More

Election 2024: Housing costs emerge as voters’ top priority

By: ameer@trustedteam.com

While Gen Zers placed the highest priority on housing affordability, the issue resonated strongly across all generations. According to the report, at least 80% of millennials, Gen Xers, and...

Read More

Why doing good is good for the mortgage business: Angel Ai helps deliver fair lending

By: ameer@trustedteam.com

Augmentation does not directly fight bias. The bias, intentional or not, comes from the process. The lending industry’s rigid workflow includes a series of documentation requirements and long, complex...

Read More

How serious a problem is housing affordability in the US?

By: ameer@trustedteam.com

San Francisco, meanwhile, saw prices spike by 31% between February 2020 and April 2022, meaning the subsequent 5.9% drop has provided scant relief for prospective buyers in that market. There...

Read More

Construction performance stabilises but resi starts disappoint

By: ameer@trustedteam.com

The rate of decline in the construction continues to soften, according to the Glenigan Construction Index. The June index reveals that overall sector decline is gradually levelling out and that,...

Read More

TMW supports portfolio landlords with broker tool

By: ameer@trustedteam.com

The Mortgage Works has launched a new tool to help brokers support portfolio landlords. The Portfolio Review tool will identify potential future borrowing opportunities with The Mortgage Works on all...

Read More

Comment: A frustratingly bumpy road

By: ameer@trustedteam.com

The impact of the Bank of England Monetary Policy Committee’s (MPC) base-rate decisions on mortgage pricing is not as immediate as it once was. This is due to a...

Read More