Jake Carter

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TSB launches new BTL products and cuts rates

TSB has launched a range of new buy-to-let deals and cut rates on many products. The reductions include a cut in the cost of the 75 per cent LTV two-year fix from 2.24 per cent to 2.19 per cent. The three-year fixed rate has come down from 2.54 per cent to 2.49 per cent and […]

Broker Focus singer special: Sarah Tucker

We talk to The Voice contestant Sarah Tucker, who is wowing audiences while tuning in to the needs of her customers Not long ago, TV singing show The Voice starred a contestant who belted out a rendition of Shawn Mendes’ In My Blood that left the nation open-mouthed. Following the revelation that the singer, Sarah […]

Big Ben and the houses of parliament in London

Non-UK resident stamp duty surcharge consultation opened

The government has launched a consultation seeking industry views on a stamp duty land tax surcharge for non-UK resident property purchases. The surcharge would apply to freehold and leasehold homes, and the suggested rate is 1 per cent on top of all existing SDLT rates, including the rates applicable to the rental element of leasehold property. Further […]

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Emoov enters administration

Online estate agent Emoov has entered administration. Emoov has appointed Peter Whalley and Tom Russell of James Cowper Kreston as administrators. According to Estate Agent Today, Emoov founder and chief executive officer Russell Quirk sent an email to staff yesterday. It said: “At 1pm today 3 December 2018 I held a call with Emoov board […]

Hinckley and Rugby adds new limited company BTL deals

Hinckley and Rugby Building Society has released two new products for limited companies, exclusively available through specialist mortgage distributor 3mc. The new buy-to-let products are a two-year discount and two-year fix. Both products are designed for properties held within special purpose vehicle companies with up to four shareholders. The mortgages’ maximum LTV is 70 per […]

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Standard variable rate at highest level since 2009: Moneyfacts

Research collected by Moneyfacts highlights that following the Bank of England’s interest rate rise in August, mortgage borrowers have lost out in comparison to savers. According to the finance website, the base rate rise in August has driven the average standard variable rate to its highest level since 2009, with fixed rates also increasing. Moneyfacts […]

Pepper Money hires new sales director

Pepper Money has appointed Paul Adams as its new sales director. The role entails leading the lender’s strategy to aid brokers finding a home for their cases. Adams previously worked at Santander, GMAC-RFC and has been a business development manager for Cheltenham and Gloucester. The new role with Pepper Money will commence in January. Late […]