Lendco revamps BTL offers, cuts rates by up to 55bps  

By: ameer@trustedteam.com

Lendco has revamped its landlord range and cut rates across two- and five-year fixes by up to 55 basis points.    The specialist lender says that products included in the...

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Brokers dealing with more mental health cases

By: ameer@trustedteam.com

Brokers are increasingly looking at ways support customers with their mental health, according to PRIMIS Mortgage Network. The network says it has seen a ‘noticeable increase’ in the number of...

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Castle Trust Bank cuts BTL rates by 110bps, revamps bridging range  

By: ameer@trustedteam.com

Castle Trust Bank has cut the five-year fixed rate on its TermTen landlord range by 110 basis points to 6.39%, on loans up to £5m. The lender says these offers...

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Will two newer credit scores beat a single older one for mortgages?

By: ameer@trustedteam.com

The Federal Housing Finance Agency's plan to replace the FICO Classic credit score used by government-sponsored enterprises with two new ones by 2025 has some compelling aspects to it,...

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Do mortgage rates go down in a recession?

By: ameer@trustedteam.com

Companies usually lay off workers to preserve profit margins. The workers who have been laid off often spend less on discretionary purchases, such as buying new cars or travelling. Recessions...

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Coventry for intermediaries reduces resi and BTL rates  

By: ameer@trustedteam.com

Coventry for intermediaries will cut selected new business residential and landlord fixes, while pulling other products.   ...

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IMLA points to brokers’ upbeat sentiment in market

By: ameer@trustedteam.com

The latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association (IMLA) reveals surprisingly upbeat market sentiment among advisers during Q2. However, the data indicates growing caution about...

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Interest-only home loans fall by half to below 1 million: FCA 

By: ameer@trustedteam.com

The number of interest-only mortgages has fallen by half over the last eight years to below one million, Financial Conduct Authority data shows, as homeowners move to more conventional loans.  ...

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Comment: Specialist lending becoming the new mainstream

By: ameer@trustedteam.com

In today’s evolving financial landscape, we are witnessing unprecedented shifts that are reshaping borrowing patterns and access to finance. This has been prompted by a high inflationary environment and...

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Confidence in market ‘surprisingly’ steady for Q2: IMLA

By: ameer@trustedteam.com

The latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association (IMLA) reveals surprisingly upbeat market sentiment among advisers during Q2. However, the data indicates growing caution about...

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