OneDome snaps up Coreco – Mortgage Finance Gazette
Dec 5, 2024 · Coreco was founded in 2009 by former Cobalt Capital directors Montlake, Matt Lowndes and Francois Taljaard.. They were soon joined by further former senior colleagues …
Budget 2024: Right to Buy scaled back and social rents to climb
Oct 30, 2024 · She said: “We will put the right policies in place to increase the supply of affordable housing, having heard representations from local authorities, social housing providers and …
BoE rate hold as expected but hopes for cuts in 2025
Dec 19, 2024 · He added: “The news might trigger some negative responses, particularly among property buyers holding out hope for lower mortgage rates. However, Governor Bailey has …
Barclays reduces rates by up to 0.50% – Mortgage Finance Gazette
Oct 10, 2024 · For purchase and remortgages, the two-year fixed at 75% LTV and a product fee of £1,999 has been lowered from 4.65% to 4.34%. It has a minimum loan of £2 million and …
Barclays debuts FTB deals, cuts rates by up to 50bps
Oct 3, 2024 · Two-year premier fixes, with a £899 fee, at 60% LTV, down by 23bps to 3.96% — minimum loan £5,000, maximum loan £2m; Five-year premier fixes, with a £999 product fee, …
TSB fined £11m over treatment customers in arrears: FCA
Oct 10, 2024 · The City watchdog says the high street bank “lacked suitable systems and controls to secure fair outcomes for these customers”. Apart from a £10.9m fine to the regulator, it has …
Tough month for UK housebuilders: PMI – Mortgage Finance …
Dec 5, 2024 · “In fact residential construction has contracted for two months in a row, and November’s decline was the fastest seen since summer. “With residential developers still …
Landlords upbeat over portfolios for year: Butterfield
Oct 14, 2024 · This is according to Butterfield Mortgages whose survey of 501 UK landlords with BTL mortgages, found that two-thirds (60%) are optimistic – both in terms of capital growth …
Revolut prepares mortgage market launch
Nov 25, 2024 · The announcement came on Friday in London as Revolut co-founders Nik Storonsky, chief executive (pictured), and Vlad Yatsenko, chief technology officer, celebrated …
Blog: How mortgage lenders can adopt digital-first strategies
Around 70% of banks allow customers to set up an account online, yet the level of digitisation plummets when it comes to mortgages. Although automation rates are higher than pre-Covid …