AnnieMac seeks nearly $500,000 from former branch manager

By: ameer@trustedteam.com

AnnieMac is suing a former branch manager to recoup an alleged $500,000 signing bonus, its second such federal lawsuit against a former employee in the past two months. Peyton Elizabeth...

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Coventry BS lifts rates across resi and BTL ranges  

By: ameer@trustedteam.com

Coventry Building Society will withdraw its range of residential and buy-to-let products today (4 July), before raising them tomorrow.   The mutual says it will pull all of its residential...

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Four in 10 BTL landlords plan to expand portfolio – Landbay

By: ameer@trustedteam.com

More than four out of 10 buy-to-let landlords (41%) plan to expand their portfolio in the next 12 months, the latest Landbay survey reveals. In total, 35% of the 1,127...

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Five-year fix tops 6% for first time since November: Moneyfacts  

By: ameer@trustedteam.com

The average five-year fixed-rate home loan hit 6.01% today, topping 6% for the first time in eight months, according to Moneyfacts.   The rate is up from 5.97% yesterday, says...

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Molo Finance expands HMO/MUFB loans to cover 12 rooms  

By: ameer@trustedteam.com

Molo Finance had expanded its buy-to-let product range to cater for loans for houses in multiple occupation and multi-unit freehold blocks with up to 12 lettable rooms or units....

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Legal & General launches enhanced platform for advisers

By: ameer@trustedteam.com

Legal & General is launching a refreshed version of its leading mortgage research and sourcing platform. The upgraded Legal & General Ignite will deliver a number of new features to...

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Molo Finance boosts HMO/MUFB range to cover up to 12 units  

By: ameer@trustedteam.com

Molo Finance had expanded its buy-to-let product range to cater for loans for houses in multiple occupation and multi-unit freehold blocks with up to 12 lettable rooms or units....

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Vida refreshes loan tiers, loosens resi and BTL criteria  

By: ameer@trustedteam.com

Vida has revamped credit tiers across its residential and buy-to-let loans and loosened its criteria.  ...

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Vida revamps loan tiers and loosens criteria   

By: ameer@trustedteam.com

Vida has revamped credit tiers across its residential and buy-to-let loans and loosened its criteria.  The specialist lender has cut its previous five tiers to three: Vida 36, Vida 24,...

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Gross lending picks up in May but heavily down over year

By: ameer@trustedteam.com

Gross lending rebounded in May, as the mortgage market rallied from the significant decline seen in April, increasing by 25.4% on a monthly basis. ...

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