Co-op launches Access range and details criteria tweaks

By: ameer@trustedteam.com

The Co-operative Bank for Intermediaries has launched its new Access product range and this will include some changes to criteria as well as a change to the lender’s decision...

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Halifax makes hub change for high LTV products 

By: ameer@trustedteam.com

Halifax Intermediaries has told brokers it will make changes to the way high loan-to-value mortgages should be entered on its hub from next week.   The lender says: “After Monday...

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Transactions jump by a quarter in May: HMRC  

By: ameer@trustedteam.com

Home transactions in May came in at 81,470, 25% higher than last month, but 12% lower than a year ago, according to seasonally-adjusted estimates from HMRC.    The data comes as...

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Together introduces reduced rate BTL retention product range

By: ameer@trustedteam.com

Together has lowered rates for its Buy-to-Let products for landlords switching from bridging loans to longer-term finance. The new Buy-to-Let Retention product range will see rates reduced by 25bps on...

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FCA ‘immediately’ scraps three reporting data sets  

By: ameer@trustedteam.com

The Financial Conduct Authority has “immediately” scrapped collecting three data sets, which affect mortgage brokers and other intermediaries.   The watchdog says the move is part of its wider transforming...

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Cenlar closing Missouri location acquired from Citi

By: ameer@trustedteam.com

Cenlar is closing its O'Fallon, Missouri office, calling it a difficult decision, a little over seven years after taking over the space from Citigroup.The workforce reduction impacts 93 people....

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TML and Coventry confirm rate cuts across ranges

By: ameer@trustedteam.com

Coventry for intermediaries has cut residential and buy to let rates by up to 10bps, with lower options available for new and existing customers. ...

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Redlining deal dispute pits DOJ against advocates

By: ameer@trustedteam.com

Three fair housing organizations are asking to weigh in on a federal case where the Department of Justice is seeking to end a redlining settlement with Lakeland Bank —...

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Coventry and TML reveal rate cuts across ranges

By: ameer@trustedteam.com

Coventry for intermediaries has cut residential and buy to let rates by up to 10bps, with lower options available for new and existing customers. Offers include a 3.95% two-year fixed...

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Santander boosts new build affordability   

By: ameer@trustedteam.com

Santander UK has improved its affordability rates on new build homes, which will allow customers to borrow more than £5,600 of extra cash.   The lender says its new calculations...

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