The Mortgage Works updates limited company BTL terms

By: ameer@trustedteam.com

The Mortgage Works has relaxed its mortgage criteria for incorporated landlords.    ...

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Santander home loan tracking hub to go down over weekend 

By: ameer@trustedteam.com

Santander for intermediaries says its mortgage application tracking system on its introducer internet site will go down over the weekend.  ...

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Barclays reports 12% profit fall on back of mortgage squeeze   

By: ameer@trustedteam.com

The slowdown in the UK mortgage market continues to hit revenues at Barclays, with the UK bank reporting a drop in income for the three months to the end...

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The Mortgage Works boosts landlord criteria  

By: ameer@trustedteam.com

The Mortgage Works has relaxed its mortgage criteria for incorporated landlords.    The lender will now accept limited company buy-to-let purchase applications, where the company is purchasing a property that...

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LendInvest cuts resi rates by up to 25bps   

By: ameer@trustedteam.com

LendInvest Mortgages has cut rates across its residential mortgages by up to 25bps.   The largest rate cuts are on its tracker products, which have been reduced by up to 25bps,...

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Santander mortgage tracking system to go down over weekend 

By: ameer@trustedteam.com

Santander for intermediaries says its mortgage application tracking system on its introducer internet site will go down over the weekend.  The lender’s system will be out of use for brokers between...

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Momentum building after year of transformation: LSL

By: ameer@trustedteam.com

LSL Property Services results for the year to end of December show  revenue fell 34% on 2022 figures from £217.5m to £144.4m. Underlying operating profit was also down (74%)...

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LendInvest trims cost of tracker and fixed-rate deals

By: ameer@trustedteam.com

LendInvest Mortgages has cut rates across its residential mortgages by up to 25bps.  ...

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Ted Tozer: climate change will drive g-fees, repurchases up

By: ameer@trustedteam.com

Ted Tozer is warning lenders and servicers to pay heed to the effects of climate change, which could devalue servicing and prompt repurchases. The former Ginnie Mae leader and housing...

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IHT hits fresh £7.5bn record: HMRC

By: ameer@trustedteam.com

Inheritance tax receipts in the year to March hit 7.5bn, a fresh record and more than £400m higher than 12 months ago. The figure tops last year’s £7.1bn all-time for...

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