Mortgage Solutions
Traditionally, the later life lending market has been one which was dominated by equity release, predominantly serving older homeowners in their 70s who needed or were looking to access the wealth tied up in their properties. Read more. Better Business. Rising Star: Georgia Smith, Hinckley and Rugby Building Society.
Second charge mortgages increasingly used by homeowners, …
1 天前 · Increasing numbers of homeowners are using second charge mortgages in the post-pandemic era, new research reveals. The analysis by Pepper Money suggested homeowners are raising the extra cash through this type of homeowner loan for a variety of uses. These include debt consolidation and home improvements, as well as for paying tax bills, and ...
News - Mortgage Solutions
Market Moves: Understanding UK Housing Trends. Introducing the first in our video series “Market Moves: Understanding UK Housing Trends” The Office for National Statistics issued the latest UK inflation data, showing CPI at 2.2% and core inflation at 3.2% which was broadly as expected by the financial markets. 🎥 Watch the first in our …
About Us - Mortgage Solutions
About Us. Essential market intelligence for committed mortgage intermediaries. Mortgage Solutions was the first magazine dedicated to the needs of mortgage intermediaries and has been serving the market since 1999. There have been many changes over this time. Demand for information has increased.
UK mortgage market has ‘remained robust’ but ... - Mortgage …
2022年6月23日 · The UK mortgage market has “remained robust” over the past few years despite Brexit and the pandemic, but future performance is contingent on how inflation evolves during the rest of the year. According to the latest DBRS Morningstar mortgage market review, inflation will stress the income of borrowers in the short-term, especially those ...
Digital mortgage lenders need to compete on ... - Mortgage …
March 23, 2022. A flurry of digital lenders have launched in the mortgage market aiming to shake up the status quo. Taking on the big banks is no easy feat but critics believe there is space for innovation. Digital buy-to-let lender Molo recently expanded into the residential market following in the steps of Habito and Atom Bank.
Halifax and BM Solutions up rates - Mortgage Solutions
2024年2月9日 · Introducing the first in our video series “Market Moves: Understanding UK Housing Trends” The. BM Solutions has increased rates across its whole buy-to-let (BTL) and let-to-buy ranges. BTL rates start from 4.39 per cent for fee-free products, 4.18 per cent for £1,499 fee deals and 4.1 per cent for £3,999 products.
The lowdown on alternative home ownership options – an explainer
2022年3月14日 · Borrowers with household incomes between £24,000 and £140,000 will be considered and it lends to those aged between 21 and 55. Deposits between five and 30 per cent are required at a minimum value of £7,500. It will lend on houses or flats, but not new builds, with values between £150,000 to £500,000.
Affordability pressures to soften mortgage market ... - Mortgage …
2022年12月12日 · UK Finance has predicted that the number of residential transactions will decline by 21 per cent to around one million, down from 1.3 million. This will then slip to 991,000 transactions in 2024. This will be below levels seen since 2013. Gross mortgage lending will fall by 15 per cent from £322bn to £275bn, then fall further to £253bn the ...
Exclusive: MPowered enlists AI to produce complex residential ...
2022年5月3日 · MPowered Mortgages by MQube, is taking on the prime residential mortgage market with what it claims to be the UK’s first artificial intelligence (AI) and machine learning led system, enabling it to compete against the Big Six lenders. The proposition was launched to the buy-to-let market last year, enabling complex applications to be rapidly ...