1+ day, 4+ hour ago  (1111+ words) TSB becomes the latest lender to reprice as rates are cut by as much as 0. 45%. The bank has lowered residential two-year fixed house purchase rates by up to 0. 45%. However, TSB is increasing rates on product transfer and additional borrowing products....

6+ day, 20+ hour ago  (121+ words) Principality Intermediaries'has relaxed its eligibility for its 5. 5x loan to income (LTI) feature for first time buyers. The updates include a reduction in the minimum loan size from "180, 000 to "150, 000. In addition, it has decreased the minimum income threshold from "40, 000 to "30, 000. This…...

1+ week, 3+ hour ago  (264+ words) Nottingham Building Society has made updates to its buy-to-let (BTL) lending criteria. This includes an increase in its maximum BTL mortgage term to 40 years, up from the previous 35-year limit. The Nottingham says the shift has been built to provide…...

6+ day, 21+ hour ago  (170+ words) Leeds Building Society has strengthened its intermediary distribution team with the appointment of Michelle Ward. Ward joins Leeds from Virgin Money and Clydesdale Bank, where she held the role of national accountmanager. In her new role, Ward will play a…...

1+ week, 1+ day ago  (204+ words) Stream Bank has appointed Paula Purdy as national account director for the North and Gary Lomax as business development manager for the North and Scotland. Purdy has more than 20 years" experience in financial services, including 14 years at Shawbrook Bank, and…...

2+ week, 53+ min ago  (127+ words) More lenders have revealed price changes ahead of the Easter bank holiday weekend. Shawbrook has repriced its product transfer deals with immediate effect and Kensington is making rate changes on Wednesday across parts of its residential range. It comes as…...

2+ week, 3+ hour ago  (205+ words) The lender said Sabbaghe (pictured) would strengthen its intermediary mortgage proposition for brokers across England and Wales. Sabbaghe will be an "in the field" BDM with a remit to grow Vernon's national broker network. Based in central England, he will…...

3+ mon, 1+ week ago  (502+ words) Limits on high loan-to-income (LTI) mortgage lending could be relaxed under new plans proposed by the FCA and PRA. Currently lenders that want more than 15% of their residential mortgage book to exceed an LTI of 4. 5x must apply to the regulator…...

2+ week, 1+ day ago  (140+ words) Nominations for the Mortgage Strategy Specialist Lending Awards close on Thursday 2 April. This is your final opportunity to recognise the individuals, teams and organisations driving innovation, growth and impact across specialist and commercial lending, from bridging and specialist buy-to-let to…...

3+ week, 2+ day ago  (159+ words) Fleet Mortgages has given brokers a few hours" notice that it is withdrawing all fixed rate products at 5pm today due to "extreme market volatility. The lender will be pulling all fixes from sale, including those for product transfer, but trackers…...