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News
Inspired Lending cuts bridging rates
4+ day, 14+ min ago (171+ words) Inspired Lending has announced a reduction to its bridging rates following increased funding support from the Pears family. First-charge bridging finance is now available from 0.75% per month, down from the previous minimum of 0.79% per month. Rates for second-charge bridging, heavy…...
Inspired Lending cuts bridging rates following increased Pears family backing
4+ day, 23+ min ago (207+ words) Inspired Lending has cut bridging rates following increased Pears family backing, with first-charge now available from 0.75% per month. Inspired Lending has reduced its bridging rates following increased funding support from the Pears family, with new pricing available immediately. First-charge bridging…...
Almost 900,000 borrowers lock in new deal six months ahead of maturity in H1
4+ day, 23+ hour ago (179+ words) In Q2 2026, around 22,400 mortgages saw a reduction in monthly payments due to a temporary switch to interest-only or a term extension. New data from the FCA shows that 880,635 mortgage holders locked into a new deal up to six months ahead of…...
Skipton BS and The Co-operative Bank among latest lenders to update mortgage ranges
5+ day, 22+ hour ago (211+ words) Skipton Building Society and The Co-operative Bank for Intermediaries have become the latest lenders to announce changes to their mortgage ranges. Skipton is set to increase rates across its entire fixed rate mortgage range from tomorrow, Tuesday 8th September, affecting both…...
Pricing Risk in the Dark: The End of Blanket Interest Rates in Retail Lending
6+ day, 1+ hour ago (669+ words) By Winston Osuchukwu | Founder & CEO, Mathesis Analytics Inc. Consider two small businesses applying for a ₦5 million term loan, both generate similar revenue and have been operating for a similar length of time. While Business A depends heavily on extended supplier…...
Peter Norris: What does the OCR change mean for your mortgage? - The OneRoof Radio Show
1+ week, 23+ hour ago (135+ words) The OCR changed this week, The Reserve Bank has upped it from 2.5% to 2.75%. But mortgages are already high, some unlucky buyers are now finding they owe more than the value of their house as equity erodes. So if you're in…...
Peter Norris: What does the OCR change mean for your mortgage?
1+ week, 1+ day ago (78+ words) Newstalk ZB Follow the podcast on The OCR changed this week, The Reserve Bank has upped it from 2.5% to 2.75%. But mortgages are already high, some unlucky buyers are now finding they owe more than the value of their house as…...
Waivers, AUS are lenders' hedge against any UAD 3.6 crunch
1+ week, 1+ day ago (1175+ words) The Uniform Appraisal Dataset 3.6 is set to create massive changes to the appraisal industry when it becomes mandatory on Nov. 2, a transition some appraisers don't want to deal with. With some of an already shrinking appraiser workforce expected to take…...
Why optionality beats rate in today's jumbo and non-QM lending
1+ week, 4+ day ago (401+ words) Insignia Mortgage co-founder Damon Germanides explains why wholesale flexibility beats rate in complex jumbo and non-QM deals Foreign national lending is a genuinely opaque corner of the business. Few lenders do it, and fewer do it well, so the work…...
GSEs' cost-cutting tools: The per-loan savings breakdown
1+ week, 3+ day ago (682+ words) The government-sponsored enterprises say they have been leaning into cost savings, some of which have been passed on to lenders and borrowers. Below, a breakdown of the specific figures behind those gains. Freddie Mac Chief Financial Officer Jim Whitlinger said…...