Strong growth in bridging loans, despite economic slowdown

By: ameer@trustedteam.com

Bridging lending continued to grow in the first quarter of 2023, despite an economic slowdown and a more subdued mortgage market.  Figures from the Association of Short Term Lenders (ASTL)...

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Buy-to-Let Watch: Long view on short-term lets

By: ameer@trustedteam.com

The government has announced potential changes to the regulatory landscape surrounding short-term property rentals, which include holiday lets and Airbnb. These changes could impact our advice to clients interested in...

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Virgin Money raises BTL, resi variable rates by 50bps  

By: ameer@trustedteam.com

Virgin Money says it has raised mortgage variable revert rates at its brands by 50 basis points, following two Bank of England 25bps base rate hikes in March and...

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Pure Retirement joins Finova payment and mortgage services panel  

By: ameer@trustedteam.com

Finova has added lifetime mortgage lender Pure Retirement to its payment and mortgage services panel.   ...

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Record month of lending for Glenhawk

By: ameer@trustedteam.com

Glenhawk reports a record month of lending in May, providing £54m of short-term finance. This represented a 47% increase on the previous record month and a 34% increase in...

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Vida launches 2-year limited edition BTL loan at 5.19%  

By: ameer@trustedteam.com

Vida has launched a two-year limited edition buy-to-let product at up to 75% LTV at an initial rate of 5.19%.   The specialist lender says the loan, on Vida Tier...

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Vida debuts 2-year limited edition landlord loan at 5.19%  

By: ameer@trustedteam.com

Vida has launched a two-year limited edition buy-to-let product at up to 75% LTV at an initial rate of 5.19%.   ...

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Cenlar FSB announces string of promotions in wholesale division

By: ameer@trustedteam.com

Meanwhile, Watson will be responsible for all revenue pricing generated by the subservicing business. He joined Cenlar in 2016 and most recently served as a senior pricing analyst. “I am...

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Fannie Mae adds new board director

By: ameer@trustedteam.com

Fannie Mae has tapped Chetlur S. Ragavan to serve as a member of its board of directors, as well as its risk policy and capital committee and nominating and...

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