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Virgin Money lifts resi and BTL SVRs by up to 50bps across group | Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
3 years ago

Virgin Money raised its mortgage variable revert rates across its brands.   At Virgin Money, the business says its residential standard,.. Read More;

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Tech Watch: The end of the beginning? | Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
3 years ago

At a recent event for our nearly 100 team members, I asked how many of them had still been at,.. Read More;

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Mortgage prisoners could face rates over 7% after base rate hike | Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
3 years ago

UK Mortgage Prisoners Action Group says the Bank of England’s base rate hike announced earlier today could increase members’ average,.. Read More;

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Inflation, rates, weak confidence hit higher LTVs: Bloomberg | Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
3 years ago

The triple threat of rampant inflation, rising interest rates and plunging consumer finances looks set to hit high-loan-to-value mortgages hard,,.. Read More;

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Base rate reaches 3%: Industry reaction | Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
3 years ago

SPF Private Clients chief executive Mark Harris says the Bank of England (BoE)’s base rate increase today could have been,.. Read More;

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Legal & General acquires stake in Generation Home | Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
3 years ago

Generation Home (Gen H) has raised a Series B round of funding led by Legal & General.  Legal & General has,.. Read More;

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Bank of England hikes interest rate by 75bps to 3% | Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
3 years ago

The Bank of England (BoE) has increased the base rate by 75 basis points to 3%. The Monetary Policy Committee (MPC),.. Read More;

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FCA says 7 lenders will pay

Mortgage Strategy
Mortgage Advisor
3 years ago

The Financial Conduct Authority says seven lenders have agreed to pay £12m in compensation to nearly 60,000 customers to correct,.. Read More;

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Fall throughs costing the property market

Mortgage Strategy
Mortgage Advisor
3 years ago

The number of property sales falling through has increased for the first time since the height of the Covid pandemic,.. Read More;

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October was third-busiest month for total mortgage searches: Twenty7Tec | Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
3 years ago

Twenty7Tec’s platform data has revealed last month was the third-busiest month ever for total mortgage searches with 1,504,582 throughout October.  While,.. Read More;

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Ami launches five-point protection industry plan | Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
3 years ago

The Association of Mortgage Intermediaries has launched a five-point protection action plan aimed at “propelling the industry forward, at a,.. Read More;

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Dual pricing will damage broker-lender goodwill: Just Mortgages | Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
3 years ago

Lenders will face a “backlash” from brokers if they plan a return to the dual pricing mortgage of loans, says,.. Read More;

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