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Nova Scotia fixed-term lease loophole to remain in place despite some abuse: official - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
2 years ago

A provincial official acknowledged Tuesday that some Nova Scotia landlords are abusing fixed-term leases, but the government is not looking,.. Read More;

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LMS pilot achieves 43% decline in cancellations Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
2 years ago

LMS’ pilot has achieved a 43% drop in cancellations and completion times from sold subject to contract (STTC) to exchange,.. Read More;

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Ami and Imla launch drive for new brokers Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
2 years ago

The Intermediary Mortgage Lenders Association and the Association of Mortgage Intermediaries have called for industry volunteers to attract new brokers,.. Read More;

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Paragon Bank expands 80% LTV buy-to-let range Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
2 years ago

Paragon Bank has expanded its range of 80% loan-to-value (LTV) buy-to-let (BTL) mortgages to include product switches and further advances. The,.. Read More;

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LendInvest reduces five-year resi rates and offers cash back Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
2 years ago

LendInvest Mortgages has confirmed a 10 basis points (bps) rate cut across all its five-year fixed term residential mortgages. The lender,.. Read More;

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Further evidence of resilient resi construction work: PMI Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
2 years ago

While construction activity decreased for the fourth month in a row, residential work showed a degree of resilience in April,,.. Read More;

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FCA launches consultationto make mortgages easier,fasterand cheaper Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
2 years ago

The Financial Conduct Authority has launched a consultation to make it “easier, faster and cheaper for borrowers to make changes to their,.. Read More;

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Rent and mortgage spending increased 5.2% YoY in April: Barclays Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
2 years ago

Rent and mortgage spending increased 5.2% year-on-year in April, down slightly from 5.4% in March, as many lenders reduced mortgage,.. Read More;

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Pepper Money returns to BTL market Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
2 years ago

Pepper Money has returned to the buy-to-let market with a range of new home loans.   The specialist lender will allow,.. Read More;

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Remortgaging increases 34% in Q1: L&G Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
2 years ago

There has been a marked increase in remortgaging activity in the UK housing market in the first quarter of 2025. This,.. Read More;

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Thinking of a private mortgage? Heres what lenders want to see - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
2 years ago

Private mortgages continue to play an important role in today’s Canadian housing market, especially as traditional lending guidelines tighten. Yet,.. Read More;

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Nationwide launches sub-4% FTB rates, MPowered trims prices Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
2 years ago

Nationwide has cut rates by up to 0.30% on selected two-, three-, five- and ten-year fixed rates and two-year tracker,.. Read More;

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