Jamie Rossouw

Mortgage, scrabble, stock

Topaz Finance set to launch two mortgage brands

Topaz Finance is set to launch two new UK mortgage companies. The firm has registered two new names and logos, Jasper Mortgages and Rosinca Mortgages, according to recent Intellectual Property Office filings. The firm’s mortgage servicer parent, Computershare, declined to comment on any plans for the two new firms. But Computershare has previously announced plans […]

House-Home-Property-Ladder-Mortgage-700x450.jpg

Average equity released topped £80,000 in September

The average equity released by homeowners topped £80,000 in September, according to Responsible Equity Release. The firm says homeowners are taking advantage of falling lifetime mortgage interest rates. Last month, UK homeowners released an average of £86,361 from their properties. Property owners also agreed an average additional borrowing facility of £43,385. That took the average […]

Mortgage, scrabble, stock

Mansfield launches 80% buy-to-let mortgage

The Mansfield Building Society has launched a buy-to-let loan at up to 80 per cent LTV. The product has a rate of 3.99 per cent and is available for purchase and remortgage, including capital raising. The product lets landlords’ personal income be taken into consideration alongside the interest coverage ratio when assessing affordability. To qualify, […]

Home-House-Monopoly-Money-Property-700x450.jpg
2

Broker concerns over claims firms targeting historic mortgages

Intermediaries worry that claims management companies are encouraging a wave of compensation against brokers and lenders for historic mortgages. A significant amount of CMCs that once handled PPI claims are moving into other areas. This is fuelled by the Financial Conduct Authority this year announcing the final PPI claims deadline in 2019. Therefore CMCs have […]

Business-General-Handshake-Hire-Appointment-700x450.jpg

The Right Mortgage & Protection Network hires account manager

The Right Mortgage & Protection Network has appointed a national account manager for the north. Kevin Williams joins the network from Vitality, where he was a business consultant. The Right Mortgage director Amanda Wilson says: “We’re glad to have Kevin on board. “We think he will prove to be a fantastic appointment who will help […]

Rental-Contract-Pen-Paperwork-Mortgage-700.jpg

UK rents up 2.1% in September: HomeLet

Rents in the UK rose by an average of 2.1 per cent during September, data from HomeLet has found. September’s increase reflects higher rents agreed on tenancies in almost every area of the country. Only the South-East of England recorded a negative rate of annual rental price inflation. The highest increases in rents were seen […]

Money-Cash-Coins-GBP-Pounds-UK-700x450.jpg
1

Brokers query Halifax’s higher cashback for direct buyers

Brokers have questioned Halifax’s decision to pay more cashback to direct customers than those going through brokers.   This week Halifax announced it would pay £750 to direct first-time buyers, homemovers and remortgage customers. Those going through brokers will only get £500.  Halifax says this is fair because the brokers can access cheaper rates on the […]

Y3S Group rebrands to Specialist Mortgage Group

Y3S Group has renamed to Specialist Mortgage Group. Specialist Mortgage Group consists of Y3S Loans, Y3S Bridging & Commercial, Chaseblue Loans, Y3S Private Clients, B2B Financial and Pink Pig Loans. Specialist Mortgage Group chief executive Matt Cottle says the rebrand is “clean and tidy, and it does what it says on the tin”. He adds: […]

Halifax-Bank-Branch-Building-700x450.jpg
3

Halifax to pay direct customers £250 more cashback

Halifax is offering £750 cashback on qualifying mortgages to first-time buyers, homemovers and remortgage customers. The lender’s broker-only arm, Halifax Intermediaries, offers £500 cashback to similar customers. Halifax will pay basic legal and valuation costs for remortgagors. Halifax mortgages director Richard Washington says: “Buying a home is one of the biggest financial commitments of our […]