News
Propp adds Admiral to second charge lender panel
2+ day, 15+ hour ago (177+ words) Peter Williams said: “Admiral is a name people know and trust, and their homeowner loan proposition complements our existing panel brilliantly.” Propp has added Admiral to its second charge lender panel, giving brokers access to another household name when sourcing…...
NatWest latest lender to raise mortgage rates
3+ day, 16+ hour ago (352+ words) NatWest is set to increase fixed mortgage rates by up to 0.27% from Friday 17th July, following rate rises from Barclays, Nationwide, Coventry and Virgin Money. NatWest has become the latest lender to announce mortgage rate increases as uncertainty in financial markets…...
Pluto Finance relaunches bridging proposition for £1m to £10m loans
4+ day, 16+ hour ago (484+ words) Pluto Finance has relaunched its bridging proposition with a dedicated team focused on £1m to £10m transactions, faster decisions and revised service processes for brokers. Pluto Finance has relaunched its bridging proposition with a dedicated focus on loans between £1m and £10m. The enhanced…...
Lender approval named most stressful part of mortgage process
4+ day, 16+ hour ago (183+ words) Boon Brokers research found 88% of recent UK borrowers found their most recent mortgage application stressful, with waiting for lender approval identified as the most stressful stage. Waiting for lender approval is the most stressful part of the mortgage application process,…...
GB Bank appoints Asim Shirwani to lead bridging team
1+ week, 3+ day ago (305+ words) GB Bank has appointed Asim Shirwani as head of bridging and recruited Victoria Mahy as business development manager as it launches a dedicated bridging team. GB Bank has appointed Asim Shirwani as head of bridging to lead a new specialist…...
Foundation lowers BTL rates and minimum property value
1+ week, 4+ day ago (297+ words) Foundation has cut buy-to-let (BTL) mortgage rates by up to 0.25% across a wide range of products and lowered its minimum property value to £70,000. Selected F1 BTL standard products, including ERC3 and remortgage only options, have been reduced by up to 0.25%. Most standard…...
Skipton Business Finance appoints Simon Millington as Birmingham relationship manager
1+ week, 5+ day ago (329+ words) Skipton Business Finance has appointed Simon Millington as relationship manager for Birmingham, strengthening its Midlands presence as demand for flexible funding solutions grows. Skipton Business Finance has appointed Simon Millington as relationship manager for Birmingham. The appointment strengthens the lender’s…...
Together cuts fixed rates and expands criteria
2+ week, 2+ day ago (287+ words) Together has cut rates across its fixed-rate product range and expanded its criteria to support more borrowers. All 2-year fixed rates have been reduced by 0.25%, and all 5-year fixed rates have been cut by 0.10%. Rates now start from 7.70% for consumer…...
Major mortgage lenders back MIMHC wellbeing lunch
2+ week, 6+ day ago (347+ words) Leading mortgage and specialist finance firms have pledged their support for the Mortgage Industry Mental Health Charter’s (MIMHC’s) second alcohol-free lunch, set to take place in London later this year. HSBC UK, Virgin Money, Nottingham Building Society, Landbay, Mortgage Advice…...
HSBC to cut mortgage rates across residential and buy-to-let ranges from Monday
1+ mon, 16+ hour ago (255+ words) HSBC will reduce rates across a wide range of residential and buy-to-let mortgages from Monday 22nd June, including products for first-time buyers, home movers, remortgage customers and existing borrowers. HSBC UK will reduce rates across a broad range of residential and…...