Mortgage applications jump 42% in June: Stonebridge

By: ameer@trustedteam.com

Mortgage applications jumped almost 42% in June compared to a year ago, according to the latest market update from Stonebridge network. Borrowers are on average £888 a year better off,...

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HSBC cuts rates on over 300 loans by up to 16bps

By: ameer@trustedteam.com

HSBC has cut over 300 residential home loan rates for new and existing customers by up to 16 basis points. The high street bank’s reductions cover home movers, first-time buyers...

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UWM stays undefeated against brokerages fighting ‘All-In’

By: ameer@trustedteam.com

United Wholesale Mortgage's All-In initiative, which rocked the broker world four years ago, continues to survive legal challenges. A Michigan federal judge last week granted partial summary judgment to UWM...

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Barclays and Skipton make major rate cuts

By: ameer@trustedteam.com

Skipton Building Society has cut mortgage rates by up to 37 basis points today, while Barclays is making reductions of up to 54 bps tomorrow. ...

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Barclays and Skipton cut rates by up to 54 bps

By: ameer@trustedteam.com

Skipton Building Society has cut mortgage rates by up to 37 basis points today, while Barclays is making reductions of up to 54 bps tomorrow. The reductions at Barclays span...

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Cost to rent a room in Wolverhampton surges 6.1%

By: ameer@trustedteam.com

Wolverhampton saw the biggest increase in the cost of renting a room in the second quarter, with costs up by 6.1% year on year to £549 per month. ...

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Monzo fined £21m for poor financial crime controls by FCA

By: ameer@trustedteam.com

Monzo Bank has been fined £21m for lax anti-financial crime controls and allowing tens of thousands of high-risk customers to open accounts, according to the Financial Conduct Authority. The City...

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The Right Mortgage Network adds April to panel

By: ameer@trustedteam.com

The Right Mortgage & Protection Network has added April Mortgages to its panel. Member firms now have access to April Mortgages’ full range of five to 15-year fixed-rate mortgages including...

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Small lenders see loan to income thresholds lifted to £150m

By: ameer@trustedteam.com

Small lenders who underwrite residential mortgages up to £150m a year will not be bound by the loan-to-income flow limits of larger institutions. The move by regulators comes into effect on...

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MIT Live reveals big name partners for flagship event

By: ameer@trustedteam.com

Mortgage Innovation & Technology Live (MIT Live), the new flagship event powered by Mortgage Strategy, can confirm support from some of the biggest names in the industry. Strategic partners for...

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