Emma Simon

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More 2 Life gives brokers better access to underwriters

Brokers will be able to talk directly to senior underwriters about more complex equity release cases, under a new initiative by specialist lender, More 2 Life. The equity release provider says it is making changes following feedback from brokers, and hopes this new system will lead to a more efficient and simpler application process. More […]

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House prices in Scotland rising at fastest rate in UK

House prices in Scotland are rising faster than the rest of the UK, with annual growth of 5.6 per cent, according to estate agent’s Your Move. Their Scotland House Price Index, compiled with Acadata, says a lack of supply is helped drive prices upwards in September, with a monthly increase of 1.4 per cent. This […]

Feature: What will the Budget deliver for the mortgage market?

Speculation is rising that next week’s Budget may contain a number of measures designed to boost a struggling housing market. The Chancellor will deliver his first Autumn Budget next week. Although the contents remain under wraps, many industry experts are expecting announcements to boost house-building, as well as “targeted” changes to stamp duty land tax. […]

Dudley BS keeps mortgage rates on hold

Dudley Building Society is one of the few lenders not passing on the recent Bank of England base rate rise to its mortgage customers. The building society said both its standard variable rate, and other mortgage products would be kept on hold.  The only exception to this is the building society’s  tracker rate deals. Dudley […]

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LendInvest launches into buy-to-let

LendInvest is launching a range of buy-to-let loans aimed at professional landlords and investors. The specialist lender, which to now has focused on bridging and development loans, says these new BTL mortgages will be “competitively priced” and include two-, three- and five-year fixes. Rates start at 3.69 per cent for a two-year fix at 60 […]

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Lenders ‘over-reliant’ on Help to Buy: IMLA

Lending on new build properties is being distorted by the Government’s ‘Help to Buy’ scheme, according to a new report from the Intermediary Mortgage Lenders Association. Lenders have become over-reliant on this government support scheme, and there is the risk of this whole market collapsing in 2021, when Help to Buy is scheduled to end, […]

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New appointments strengthen Charcol’s growth plans

Mortgage broker John Charcol has strengthened its management team, by promoting Alan Young to chief commercial officer and appointing Tim Osmond as business development manager. The firm said these appointments would help support its “ambitious growth strategy”. Young joined the company in March this year as director of partnerships. Since his appointment he has signed […]