Trending Mortgage news about current market shifts can help you to stay abridge with the latest information.

Specialist lender Vida is offering new right to buy products in a further enhancement to its residential criteria. Purchase only applications are now being accepted from local authorities for right to buy and from housing associations for right to acquire. Applications can be submitted for up to 100% of the... Read more
Private rented sector tax changes have cost the Treasury £1.5bn in lost revenue and helped propel the lack of homes for tenants, according to a report by the National Residential Landlords Association.   Cuts in UK mortgage interest tax relief mean there are 1.2 million fewer properties in the sector... Read more
Brightstar has unveiled a new logo and branding which will be rolled out across the business.  The specialist distributor says the design incorporates “vibrant and friendly colours” and captures the themes of “demystifying, optimist, present and human”.  Its new logo uses the strapline — ‘working together to make things happen’ —... Read more
Gen H has cut rates on all its products with up to 80% loan-to-value, saying it recognises that ‘mortgage costs continue to be a limiting factor for aspiring homeowners’. The reduction of up to 15 basis points is now live for both broker and direct customers. For first-time buyers, the... Read more
Specialist lender Vida is offering new right to buy products in a further enhancement to its residential criteria. Purchase only applications are now being accepted from local authorities for right to buy and from housing associations for right to acquire. Applications can be submitted for up to 100% of the... Read more
Brightstar has unveiled a new logo and branding which will be rolled out across the business.  The specialist distributor says the design incorporates “vibrant and friendly colours” and captures the themes of “demystifying, optimist, present and human”.  Its new logo uses the strapline — ‘working together to make things happen’ —... Read more
Mortgage prepayment broke a four-month streak of record lows in February, with relief likely to extend as the spring home buying season takes hold, Black Knight’s mortgage performance data showed. “Prepayment activity ticking up slightly in February is an underlying indicator that both refinance and purchase origination volumes may have... Read more
All buy-to-let (BTL) rates have been reduced by Coventry for intermediaries as part of a series of rate cuts and product launches announced today. Some BTL products are going down by up to 100 basis points, while selected residential products are being cut by up to 20 basis points. The... Read more
The Bank of England (BoE) has increased the base rate by 25 basis points to 4.25%. The Monetary Policy Committee (MPC) voted for this change by a majority of 7-2, with the minority vote wishing to keep the rate at 4%. This follows the BoE upping the base rate by... Read more
Specialist lender Pepper Money has secured new funding lines worth more than £1.2bn to support its lending growth plans for first and second charge mortgages. Pepper Money has agreed new funding lines for first mortgages with Deutsche Bank, Lloyds Bank and MUFG and with Santander to fund its second charge... Read more
Fleet Mortgages has cut product rates across its entire range of two- and five-year fixed-rate products.    The buy-to-let lender says its standard, limited company, houses in multiple occupation and multi-unit freehold block loans in these term ranges have been reduced by 20 basis points.   Its product range now includes:   75%... Read more
Knowledge Bank has launched software for lenders to identify criteria gaps that may see them excluded from broker searches.    The criteria platform says its KB INSIGHTS system allows firms to “interrogate their own criteria’s performance and benchmark it, either against the whole, or a specific area of the market”.... Read more
SmartSearch has launched a platform with enhanced functionalities driven by the latest technology and customer feedback. The platform includes a new interface and updated features including bespoke configurability and automation, improved compliance standards, audit-ready reporting, row-level encryption and strengthened  know-your-customer (KYC). It identifies people on sanctions such as Politically Exposed... Read more
Pepper Money has cut rates across its two- and five-year fixed-rate residential range by as much as 90 basis points, as well as launching a 70% loan-to-value tier on Pepper 36 products, starting at 6.75%.   The specialist lender says that highlights of these reductions include its Pepper 18 and Pepper 18... Read more
There is more pressure on the Bank of England to hike interest rates tomorrow after inflation unexpectedly increased in February from 10.1% to 10.4%. Inflation –the measure of how much goods and services have risen in price over a year – hit a peak in October when it reached 11.1%.... Read more
Pepper Money has cut rates across its two- and five-year fixed-rate residential range by as much as 90 basis points, as well as launching a 70% loan-to-value tier on Pepper 36 products, starting at 6.75%.   Paul Adams The specialist lender says that highlights of these reductions include its Pepper 18 and... Read more
Buckinghamshire Building Society posted full-year pre-tax profit that fell 16.7% to £1.5m, while home loans lending lifted by a fifth, in what was “a challenging year for the UK economy”.   The mutual says its gross mortgage lending lifted 21% to £79m compared to a year ago, with loans spread... Read more
Private rents in the UK increased by 4.7% in the 12 months to February, the Office for National Statistics (ONS) reveals. The latest figure is a 0.3% rise from January and represents the largest annual percentage change since this UK series began in January 2016. The annual percentage change in... Read more
UK house prices rose 6.3% in January over a 12-month period, according to HM Land Registry’s latest monthly house price index. This continues the picture of slowed growth, following an annual 9.3% rise in the December figures. The new average UK house price is recorded as £289,819 in January, which... Read more
Full-time employees in England can now expect to spend more than eight times their annual earnings when buying a home, research has revealed. The housing affordability report from ONS looks at data on house prices and earnings to calculate annual affordability ratios. While the 8.3 is down from the 9.1... Read more
February saw 2% more residential property transactions than occurred in January, says HMRC. victorian houses In total, and measured non-seasonally, there were 76,920 property transactions in February. And although this is a slight rise on January’s figure, it was 18% lower than a year ago. The seasonally adjusted estimate says... Read more

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