Just under half of intermediary firms planning for growth: Paragon

By: ameer@trustedteam.com

Nearly one in four – 38% – of intermediary firms plan to expand, cites a new report from Paragon Bank. In its ‘Mortgage Intermediary Insight Report’, in which it quizzed...

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How Wells Fargo’s correspondent exit changes the game

By: ameer@trustedteam.com

Wells Fargo's decision to exit the correspondent origination channel and reduce the size of its mortgage servicing portfolio will have residual effects on both segments, as well as the...

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Legal & General adds nine lenders to updated SmartrFit tool

By: ameer@trustedteam.com

Legal & General has updated its SmartrFit tool to add new residential and buy-to-let (BTL) affordability calculators from nine lenders. The lenders include Harpenden Building Society, Principality Building Society, Hinckley...

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FCA esitmates over 750,000 homes risk default, 47,000 mortgage prisoners

By: ameer@trustedteam.com

In a letter to the House of Commons Treasury select committee released earlier this week, the FCA chief executive Nikhil Rathi laid out the watchdog’s latest findings on home...

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Over 750,000 homes risk default, 47,000 mortgage prisoners: FCA 

By: ameer@trustedteam.com

Over 750,000 UK households are at risk of defaulting on their mortgage payments over the next two years, while another 47,000 are trapped as mortgage prisoners, according to the...

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MPowered Mortgages reduces rates on two- and three-year fixes

By: ameer@trustedteam.com

MPowered Mortgages has reduced rates on its residential two-year fixed 80% and 85% loan-to-value (LTV) ranges and its three-year fixed 75% LTV products. On its prime two-year fixed products at...

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Kensington appoints James Burwood as BDM for East region  

By: ameer@trustedteam.com

Kensington Mortgages has hired James Burwood as new business development manager for the East region.   Burwood will be responsible for the specialist lender’s business in Cambridge, Chelmsford, Colchester, Ilford,...

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Zoopla signs wide-ranging software deal with Persimmon   

By: ameer@trustedteam.com

Zoopla says it has signed a wide-ranging deal with Persimmon to use the property website’s software services “until at least 2025”.   The contract, signed for an undisclosed sum, means...

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Hodge cuts rates across entire resi range

By: ameer@trustedteam.com

Hodge has reduced rates by up to 40 basis points across its whole residential mortgage range, which comprises holiday but-to-let (BTL), 50 plus, retirement interest-only (RIO) and professional options. It...

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Saffron Building Society returns to full mortgage range offering

By: ameer@trustedteam.com

Saffron Building Society has returned to offering a full complement of mortgage products as it relaunches a limited company buy-to-let deal and cuts rates on several fixed products. In August...

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