Latest news

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Gatehouse Bank issues new commercial property products

Gatehouse Bank has announced the launch of a series of new commercial property finance products aimed at businesses and investors. The lender is targeting those interested in acquiring or refinancing commercial property and mixed use or owner-occupied commercial premises through loans of between £500,000 and £2m. The new offerings – commercial investment, semi-commercial, and owner-occupied […]

Pepper Money cleans up its product criteria

Pepper Money has simplified its product range, in many cases removing additional stipulations to the criteria of its mortgages. The changes range from Pepper 6 to Pepper 48, and mostly concern current mortgage/secured missed payments requirements and the current CCJs/defaults definition. For example, with Pepper 6, previously, the product criteria limited borrowers to a maximum […]

BBC report on Universal Credit raises fears for landlords

A recent investigation by the BBC into Universal Credit has raised the prospect of upcoming difficulties for landlords. However, Buy to Let Club managing director Ying Tan says that “landlords should not be vilified for protecting their own livelihoods.” The BBC’s ‘Panorama’ programme has revealed that in Flintshire, one of the first counties to have its […]

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Legal & General announces income protection online hub

Legal & General has launched a new adviser hub dedicated to income protection products. As well as listing product details, the hub will feature calculators, guides and other tools. Legal & General claims that its IP offering includes sick pay alignment for NHS workers, a free rehabilitation support service and competitive pricing across all occupational […]

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Duncan Sutherland appointed to board of Homes England

Communities Secretary James Brokenshire MP has appointed Duncan Sutherland to the board of Homes England. The government says the appointment was made as the agency continues its “key role in making the housing market work for everyone.” Homes England’s five-year plan outlines that ‘expertise and government investment’ will drive programmes like Help to Buy. Chancellor […]

Sainsbury’s Bank teams up with PRIMIS and PTFS

Sainsbury’s Bank has announced that it has added PRIMIS Mortgage Network and Personal Touch Financial Services to its network of mortgage partners. The bank re-entered the mortgage market in April 2017 in partnership with Legal & General Mortgage Club and London & Country Mortgages, and has since struck deals with MAD, Stonebridge, Openwork, Intrinsic and […]