Mortgage applications slump after rates surge to 23-year high

By: ameer@trustedteam.com

Mortgage applications ground to a halt for the week ending Sept. 29, falling 6% from the week prior as mortgage rates jumped to a 23-year high of 7.53%, according...

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Average mortgage rates continue to fall: Rightmove

By: ameer@trustedteam.com

It’s now the tenth week that average rates of dropped, as the slow but steady downward trend of fixed-mortgage rates continues. Rightmove’s mortgage expert Matt Smith explains that as more...

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Skipton BS joins other lenders in offering sub-5% mortgages  

By: ameer@trustedteam.com

Skipton Building Society has become the latest lender to offer sub-5% home loans, as it unveils a range of rate reductions.   The mutual’s broker-only arm has launched a five-year 60%...

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Nationwide BS increases maximum LTV and LTI for self-employed

By: ameer@trustedteam.com

Nationwide Building Society is increasing the maximum loan-to-value (LTV) available to self-employed borrowers to 95%. This means that whether they are moving to a new home or purchasing their first...

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Orbis Protect joins the ASTL

By: ameer@trustedteam.com

Orbis Protect has joined the Association of Short Term Lenders (ASTL) as an associate member. The company specialises in securing and maintaining vacant property throughout the UK. The ASTL is now...

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Mercantile Trust launches fast-track bridging loan 

By: ameer@trustedteam.com

Mercantile Trust has brought a fast-track bridging loan to market.  The specialist bridging and buy-to-let lender says its Express Bridge product uses automated valuations and an in-house legal process that...

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Blog: Marketing 101 – know your customer

By: ameer@trustedteam.com

The mortgage market has changed a lot since the pandemic. That is obvious. ...

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Accord Mortgages reduces BTL rates by up to 46bps

By: ameer@trustedteam.com

Accord Mortgages will cut rates across its buy-to-let range by up to 46 basis points from tomorrow (4 September).  ...

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Mercantile Trust adds fast-track bridging loan 

By: ameer@trustedteam.com

Mercantile Trust has brought a fast-track bridging loan to market.  ...

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Searches for terms 2 years and under dominate broker enquiries: Twenty7tec

By: ameer@trustedteam.com

Almost half of all fixed-rate mortgage searches were for terms of two years and under last month, as buyers look to ride out higher mortgage rates, according to Twenty7tec. ...

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