12+ hour, 25+ min ago  (604+ words) First-time buyers (FTBs) are now saving for an average of six years before purchasing a home, research from Mortgage Advice Bureau (MAB) found." Data showed 45% of buyers are motivated by finding more internal or external space for a growing family....

11+ hour, 47+ min ago  (179+ words) The firms said the proposition comes as elevated interest rates and rising insolvencies create increasing pressure on lenders to maximise value from distressed assets. The partnership will also focus on identifying off-market distressed opportunities for investors and developers. Dan Silver…...

1+ day, 11+ hour ago  (351+ words) The appointments are effective from today, 2nd June, with the mutual saying the pair bring experience across financial services, customer-focused businesses and digital transformation. O'Dwyer has almost 40 years of experience in financial services and is currently group chief executive of Royal…...

1+ day, 12+ hour ago  (203+ words) Paragon Bank's development finance division increased its loan book by 5% over the past year, maintaining lending volumes despite ongoing pressures facing the housing market and small to medium-sized (SME) developers. In its half-year results for the six months to 31st March…...

1+ day, 12+ hour ago  (204+ words) Shawbrook has added Joseph Wilson as relationship director and Aaron Cummings as assistant relationship director to its South East development finance team." The appointments aim to boost support for developers and brokers in the region." Wilson has over 20 years" experience…...

2+ day, 12+ hour ago  (234+ words) Halifax and Lloyds Bank have reduced rates across a range of home purchase and remortgage products, with cuts of up to 0. 14% taking effect from today, Monday 1st June. The changes apply to selected first-time buyer (FTB), home mover and remortgage products…...

2+ day, 12+ hour ago  (253+ words) Knowledge Bank's Aff Calc has now passed the 50 lender mark, with new additions coming in almost every week since its launch." The affordability sourcing platform started with 33 lenders and expanded quickly, with demand from lenders driving the growth." Shane Chawatama,…...

2+ day, 11+ hour ago  (166+ words) Coventry for intermediaries has reduced rates across several owner occupier and buy-to-let (BTL) products, with new deals available from today." Residential rates have been cut by up to 0. 12%, while BTL rates have dropped by up to 0. 10%." Some products are aimed…...

2+ day, 12+ hour ago  (597+ words) Paradigm Mortgage Services has published a discussion paper calling for mandatory regulated mortgage advice for all first-time buyers (FTBs)." The paper was launched after recent Financial Conduct Authority (FCA) regulatory changes, including the removal of the mortgage advice interaction trigger…...

5+ day, 10+ hour ago  (173+ words) Newcastle for Intermediaries has launched a new range of competitive base rate tracker mortgages, designed to give borrowers flexibility in an evolving interest rate environment. The range has been developed to support both new and existing customers, with variable rates…...