Paragon Bank cuts fixed rate BTL by 40bps

By: ameer@trustedteam.com

Paragon Bank has reduced rates on thirteen of its fixed-rate buy-to-let mortgages by up to 40 basis points (bps). The bank also reduced rates across eight of its two-year fixed-rate...

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NatWest launches new broker portal  

By: ameer@trustedteam.com

NatWest Intermediary Solutions has launched a new broker portal which it says makes it “easier to submit and track cases”.   The high street bank’s adviser-only unit says the new...

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Almost 80% of landlords favour higher EPC ratings: Social Market Foundation  

By: ameer@trustedteam.com

Almost four-fifths of landlords favour raising energy efficiency standards on rental properties, according to the Social Market Foundation.   The thinktank says 79% of buy-to-let owners believe they should be...

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Lenders compete on price over fixed mortgage rates

By: ameer@trustedteam.com

Lenders are battling it out on price as fixed rate reductions took precedence in the mortgage market this week, according to Moneyfactscompare.co.uk. The competition has led to a fall in...

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Royal London buys Responsible Group  

By: ameer@trustedteam.com

Royal London has acquired the stake it did not already own in later life lender the Responsible Group to take full control of the business.   ...

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OMS announces integration with Air Sourcing

By: ameer@trustedteam.com

One Mortgage System (OMS), the enquiry to completion processing platform for brokers, has announced a full application programming interface (API) integration with later life lending platform, Air Sourcing. This integration...

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Lendco launches light works bridging loan 

By: ameer@trustedteam.com

Lendco has launched a bridging product aimed at real estate investors who buy and modernise properties.  The specialist lender’s standard bridge offer can include light cosmetic works such as kitchen...

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Autumn Statement: permitted development and LHA changes boost for landlords

By: ameer@trustedteam.com

The Chancellor may have largely ignored housing in yesterday’s Autumn Statement but key measures should help landlord and provide support for the housing market, according to property analysts. The announcement...

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Newcastle Intermediaries reduces interest-only products by up to 25bps 

By: ameer@trustedteam.com

Newcastle Intermediaries has cut rates on interest-only loans by up to 25 basis points.  ...

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Chancellor “misses open goal” to reform stamp duty and help downsizers

By: ameer@trustedteam.com

The Chancellor missed an opportunity in yesterday’s Autumn Statement to deliver  meaningful reforms to stamp duty that could help older homeowners and boost activity across the housing market, according...

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