Why are older mortgage borrowers still under-served by major high street lenders? – Nimmo
A recent mystery shopper exercise conducted on our behalf found that older borrowers with secure incomes are still being…
LiveMore and Principality announce selected rate cuts – Mortgage Strategy
LiveMore has announced a series of rate reductions across its standard and Retirement Interest Only (RIO) mortgage ranges. The lender…
What’s happening to the base rate?
The Bank of England has today maintained the base rate at 4.25%. The Bank’s nine-person Monetary Policy Committee (MPC) voted…
Money blog: Interest rate held as expected – but Bank of England gave ‘small surprise’ | Money News
While the Bank of England has opted not to cut interest rates today, home buyers could see some small mortgage…
Accord and Foundation lower BTL rates – Mortgage Strategy
Accord Mortgages has made rate cuts to its buy-to-let (BTL) product range by 0.08%, effective tomorrow (19 June). As part…
Interest-only mortgage stock falls 17% in 2024 – UK Finance
The total number of interest-only mortgages held by homeowners, including part and part loans, fell by 17% last year,…
Shrinking number of homeowners sitting on interest-only mortgages, figures show
The number of homeowners sitting on interest-only mortgages has shrunk as borrowers have paid the money back on or ahead…
OPDA brings on L&C Mortgages as association member
The Open Property Data Association (OPDA) has made L&C Mortgages an association member. OPDA was founded in 2023 and…
Quantum Mortgages completes second securitisation
Specialist buy-to-let (BTL) lender Quantum Mortgages has completed its second securitisation, made up of £278m of UK BTL loans.…
How brokers can help landlords boost yields through second charge lending
In today’s challenging property market, brokers are under pressure to find practical financing solutions for buy-to-let clients looking to improve…