Nottingham BS reduces resi rates by up to 54bps, launches offers 

By: ameer@trustedteam.com

Nottingham Building Society has cut selected fixed-rate loans by up to 54 basis points and launched new variable rate offers, among a range of updates to its residential range.  ...

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Buckinghamshire BS renames FTB offer as Deposit Lite  

By: ameer@trustedteam.com

Buckinghamshire Building Society has rebranded its Family Assist product for first-time buyers as Deposit Lite, which it says “better reflects the essence and benefits” of this loan.   ...

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Leek Building Society launches shared ownership mortgage  

By: ameer@trustedteam.com

Leek Building Society has launched Shared Ownership Mortgage to make owning a home in England an achievable reality. ...

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Glasgow identified as buy-to-let hot spot

By: ameer@trustedteam.com

Glasgow has been revealed as the UK city with the biggest rise in the number of buy-to-let properties in the past year, closely followed by Nottingham, Leeds and Bristol. ...

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Atom offers commercial fixed rates from 5.75%

By: ameer@trustedteam.com

Atom bank, the app-based bank, is offering its range of commercial mortgages with fixed rates from 5.75%. ...

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Countrywide renews partnership deal with Santander UK

By: ameer@trustedteam.com

Countrywide Surveying Services (CSS) has renewed its ongoing partnership with Santander UK through a contracted appointment to continue as the bank’s lead valuation provider. ...

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Last year’s non-QM securitizations have higher delinquency rates

By: ameer@trustedteam.com

Last year's vintage of non-qualified mortgage-backed securities is resulting in higher delinquencies than those produced in 2022 due to weaker collateral and underwriting attributes, a report from Fitch Ratings...

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Pepper Advantage and Clay Technologies form white label lending platform JV

By: ameer@trustedteam.com

Credit intelligence firm Pepper Advantage and tech firm Clay Technologies have formed a joint venture to create a credit platform that allows companies to lend to customers.  The firms say Clay’s...

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Hanley BS reduces resi rates by up to 70bps, Family BS by as much as 65bps  

By: ameer@trustedteam.com

Hanley Economic Building Society has cut rates for first-time buyers by 70 basis points, while Family Building Society has brought down prices across selected residential home loans by as...

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Just Mortgages opens nomination for leadership programme

By: ameer@trustedteam.com

National brokerage Just Mortgages has opened nominations for its staff leadership programme designed to find and develop future leaders within the brokerage’s employed division. ...

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