Imla and Ami have published a joint online guide to lender funding for mortgage professionals, due to “recent and ongoing interest rate volatility”. The guide – called ‘Understanding lender...
Read MoreStress testing has shown UK banks would remain resilient even if current economic conditions deteriorated, and there was a macroeconomic shock more severe than the 2007-08 financial crisis. ...
Read MoreAs mortgage rates reached their 2023 peak, mortgage applications rose slightly but remained very low last week. For the week that ended July 7, mortgage applications rose 0.9% from the...
Read More“After peaking in the spring of 2022, annual home price deceleration continued in May,” CoreLogic chief economist Selma Hepp said. “Despite slowing year-over-year price growth, the recent momentum in...
Read More“1Day AdvantEDGE represents a significant leap forward in the mortgage industry,” said PrimeLending chief production officer Tim Elkins. “We are proud to provide our customers with a simplified and...
Read MoreThere are calls for urgent government action to support landlords in the private sector, after the latest Bank of England predictions suggest buy-to-let mortgage repayments will increase by an...
Read MoreLeeds Building Society is launching a new range of buy to let mortgages for landlords operating as a limited company. The new range is intended to complement Leeds Building Society’s...
Read MoreMortgage lenders have cut the loan size they offer to customers by almost a fifth, according to Mortgage Broker Tools, reflecting a “softening in mortgage availability over recent months”. The...
Read MoreBattered, bruised, bewildered, bloodied and bowed by the blistering barrage of rate changes — that’s the only way to start this month’s column. As brokers we take a lot —...
Read MoreAtom bank has cut rates on its recovery loan scheme and standard secured loans for small businesses, while lifting procuration fees for brokers. ...
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