Latest news

Mint Bridging appoints first head of lending

Mint Bridging have created the new position of head of lending for Richard Showman, who was previously head of underwriting. Showman previously worked in a variety of senior financial services and property related roles in a career which dates back to 1990, as well as being a chartered surveyor. The responsibilities of the new role […]

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Skipton introduces additional borrowing and proc fees

Skipton Intermediaries is introducing additional borrowing through an automated process on its eMortgages system and bringing in proc fees for all introduced business from the end of January. The additional borrowing offering will be available through an online process, in a move the building society says has not been provided by many other lenders. The […]

Leeds BS launches two new fixed-rate products

More borrowers are choosing longer fixed mortgages due to political uncertainty, says Leeds Building Society, and it has launched two new products as a result. The building society has reportedly experienced an increased demand for three-year fixed rate mortgages over two-year deals in recent weeks, although the latter is still the most popular overall. The […]

Aldermore launches new resi remortgage products

Aldermore has introduced two new lending tiers to its residential remortgage range. Available from today, the products are aimed at homeowners with a complicated financial history or credit blips that may prevent them from accessing mortgage products at the end of their fixed period. The new offerings from the specialist lender are at Level 2 […]

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LV= extends equity release options

Liverpool Victoria has extended its equity release options and updated its underwriting criteria for its lifetime mortgage lump sum+ policy. Holiday homes under the policy can now be rented out for up to four weeks at a time, including properties rented through Airbnb. The lender reports a ‘historic rise’ in customers participating in the scheme, […]

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Penrith BS join L&G Mortgage Club panel

Legal and General Mortgage Club has announced Penrith Building Society as the latest addition to its panel, bringing the tally of lenders to over 90. The lender offers products such as borrower and sole proprietor, guarantor buy-to-let, holiday let, and retirement interest-only mortgages, will now be available to selected Legal and General Mortgage Club members. […]