Ask the Expert: I’ve been rejected for a mortgage due to credit card debt

By: ameer@trustedteam.com

January 2023: Neil Bishop of Mortgages for Business is here to answer your questions. This month he gives advice on the difference between variable and tracker mortgages and explains...

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Halifax Intermediaries cuts remortgage rates by up to 0.39%

By: ameer@trustedteam.com

Halifax Intermediaries has lowered its remortgage rates across two-, three-, and five-year fixes of up to 0.39%. From 20 March, the two-year fixed 60% loan-to-value (LTV) repayment and interest only...

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Foundation Home Loans launches limited edition BTL products

By: ameer@trustedteam.com

Foundation Home Loans has announced the launch of two new limited edition buy-to-let (BTL) products, which go live today. The new mortgages are aimed at the specialist lender’s F1 tier...

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Remortgage completions drop 31% in February: LMS

By: ameer@trustedteam.com

There were 31% fewer remortgages completed in February, according to LMS’ latest remortgage snapshot. However, the conveyancing services firm found that remortgage instructions continued to rise last month with a...

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February remortgage completions down 31%: LMS

By: ameer@trustedteam.com

There were 31% fewer remortgages completed in February, according to LMS’ latest remortgage snapshot. ...

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MPowered ups cashback on 5-year products, cuts rates on 2-year fixes

By: ameer@trustedteam.com

MPowered Mortgages has increased cashback on five-year products and reduced rates on two-year fixed products. Across all five-year fixed products, cashback has been boosted by £500. This brings the total cashback...

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More than half expect interest rates to rise in next 12 months: BoE

By: ameer@trustedteam.com

The Bank of England (BoE) reveals that 58% of respondents in its inflation attitudes survey expect interest rates to rise over the next 12 months. This figure is down from...

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First Republic rescue caps 180-degree turn in banking mood for now

By: ameer@trustedteam.com

After what felt on Wednesday like relative calm in the banking industry compared with the chaos of the five previous days, uncertainty returned early Thursday amid concerns about the...

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Feature: Questions lenders should ask when planning mortgage or loan portfolio migration  

By: ameer@trustedteam.com

The biggest barrier for lenders to move their mortgage book to a new software provider is their fear of the migration process. A substantial amount of work goes into...

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