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Vida raises LTVs to 90% on purchase at undervalue cases

Mortgage Strategy
Mortgage Advisor
14 hrs ago

Vida Homeloans has updated its residential lending criteria, increasing the maximum loan-to-value (LTV) to 90% for purchase at undervalue cases. The,.. Read More;

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Bank of England hikes interest rate to 4%

Mortgage Strategy
Mortgage Advisor
15 hrs ago

The Bank of England has increased the interest rate by 0.25% to 4%, the first hike since August 2023.  Members of,.. Read More;

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UK Finance sets out new initiatives to improve access to banking

Mortgage Strategy
Mortgage Advisor
16 hrs ago

UK banks and building societies have set out a range of new initiatives that will improve access to banking for,.. Read More;

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Housebuilding activity falls at fastest pace this year: S&P

Mortgage Strategy
Mortgage Advisor
16 hrs ago

UK housebuilding activity fell at its fastest pace this year in October amid rising borrowing costs and weak consumer confidence,,.. Read More;

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MPC decision: Mortgage market backs base rate hike

Mortgage Strategy
Mortgage Advisor
16 hrs ago

The mortgage market has welcomed the Bank of England decision to raise base rate today. Experts said the 25bps rise, to,.. Read More;

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Residential construction starts fall 29%, Glenigan finds

Mortgage Strategy
Mortgage Advisor
17 hrs ago

Residential construction starts fell by 4% in the three months to October, according to the latest Glenigan Construction Index. Residential construction,.. Read More;

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Accord cuts rates by up to 18bps

Mortgage Strategy
Mortgage Advisor
17 hrs ago

Accord Mortgages will cut selected residential and buy-to-let rates tomorrow, including substantial reductions on high loan-to-value deals. The lender will be,.. Read More;

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Six in 10 consumers have never had a protection quote: AMI

Mortgage Strategy
Mortgage Advisor
18 hrs ago

Six in 10 (60%) of consumers have never received a quote for protection, according to the latest research from the,.. Read More;

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Remortgages jump 37% but BTL purchases plunge

Mortgage Strategy
Mortgage Advisor
18 hrs ago

Residential remortgage searches jumped 37% year on year in October, but buy-to-let purchase activity fell sharply, according to Twenty7tec. Its latest,.. Read More;

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FTBs borrowing at least 5.5x income more than doubles since LTI rule change: Stonebridge

Mortgage Strategy
Mortgage Advisor
19 hrs ago

The number of first-time buyers borrowing at least 5.5 times income has more than doubled in the year since regulators,.. Read More;

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Earnings and house price gap in South and East of England remains substantial: e.surv

Mortgage Strategy
Mortgage Advisor
1 day ago

Despite earnings growth outpacing house prices since 2023, Londoners must earn almost twice median full-time earnings to buy the average,.. Read More;

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BDLA welcomes Phoenix Money as lender member

Mortgage Strategy
Mortgage Advisor
2 days ago

Phoenix Money Group has joined the Bridging & Development Lenders Association (BDLA) as a lender member. The privately funded lender provides,.. Read More;

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