Co-op Bank and Sainsbury’s £650m mortgage book talks collapse  

By: ameer@trustedteam.com

The Co-operative Bank and Sainsbury’s Bank have scrapped talks about buying the supermarket-owned lender’s £650m mortgage portfolio after failing to agree on a price.   ...

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Leeds Building Society enhances affordability calculator to allow for larger green loans  

By: ameer@trustedteam.com

Leeds Building Society has upgraded its broker affordability calculator to allow as much as £11,000 of larger lending for new greener homes.   ...

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Leeds BS upgrades affordability calculator for larger green lending  

By: ameer@trustedteam.com

Leeds Building Society has upgraded its broker affordability calculator to allow as much as £11,000 of larger lending for new greener homes.   The mutual says the software’s calculations now...

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Catalyst increases proc fees to 2.50% as part of Spring offer

By: ameer@trustedteam.com

Catalyst will offer all intermediaries an enhanced procuration fee of 2.50% on everyday first-charge bridging, development exit finance, auction finance and light refurbishment finance. The increased commission will be automatically...

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Buy-to-let product choice at highest level since last summer

By: ameer@trustedteam.com

The number of buy-to-let (BTL) loans available on the market now stands at 2,400, says Moneyfacts. This is the highest amount seen since July 2022, when there were 2,746 for...

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CrossCountry Mortgage executive discusses expansion

By: ameer@trustedteam.com

Brett Dillenberg is a senior vice president at CrossCountry Mortgage Brett Dillenberg, an executive vice president at CrossCountry Mortgage, runs six branches mostly situated across the West Coast...

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BMO: 20% of variable-rate mortgage clients have increased payments

By: ameer@trustedteam.com

Mortgage amortization periods continue to grow at BMO due to rising interest rates, but the bank said about a fifth of its variable-rate clients have preemptively increased payments. The issue...

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