House prices fell by 0.3% between October and November meaning the average UK property is valued at £295,000, according to the Office for National Statistics (ONS). ...
Read MorePennymac, the country’s largest correspondent lender with about 14% market share, has its eyes fixed on absorbing origination volume that Wells Fargo is leaving behind in the correspondent channel. The...
Read MoreMT Finance has become the latest full member to join the Intermediary Mortgage Lenders Association (Imla). The addition of MT Finance brings Imla’s combined number of members to 69, comprising...
Read MoreWhat is a contingency in real estate? The phrase “contingency” is a pretty common one in the real estate world. Essentially, it’s a clause in a sales contract — a...
Read MoreSome of the most popular housing markets during the refinance boom and low-rate era of the past two years are taking a backseat to this year's new hot destinations.The...
Read MoreLandbay has updated its five-year fixed rate buy-to-let (BTL) range with the introduction of lower loan-to-values (LTVs) and rates now starting at 4.39%. The updated five-year fixed rates are for...
Read MoreFleet Mortgages has made price cuts to its fixed-rate products, effective today (17 January). The price reductions cover Fleet’s five- and seven-year fixes and its green five-year fix across the...
Read MoreThe sector-wide scheme is currently under development and will see the industry come together for 1-2-1 and reverse mentoring opportunities. The announcement comes on International Mentoring Day, today, 17...
Read MoreThe high street lender says if a credit card balance has been paid in full each month for at least the last six months before application, this will not be included in...
Read MoreLendInvest has announced an increase to its warehouse funding line from Lloyds Bank to £300m ahead of its entry into the UK home loans market. The property platform says...
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