Jake Carter

LMS extends remortgage offer to Accord resi borrowers

LMS will now provide fees assisted remortgages for Accord Mortgage’s residential borrowers. Previously, the conveyancing solutions provider offered remortgages for Accord Mortgage’s buy-to-let customers only, but has changed this through an extended partnership between LMS and Yorkshire Building Society. According to LMS, the partnership will be extended in the future to accommodate more product streams, […]

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PMS adds Central Trust to lending panel

PMS Mortgage Club has added Central Trust to its specialist lending panel. Members of PMS will now have access to Central Trust’s second charge mortgages on residential and owner-occupied properties. Central Trust’s loan sizes range from £3,000 to £250,000, and are aimed at borrowers aged 18 to 80, with maximum LTVs set at 75 per […]

Houses, house, property, monopoly

Virgin Money amends resi and BTL criteria

Virgin Money has amended its buy-to-let and residential mortgage criteria. Within the firm’s BTL portfolio landlord range the maximum LTV has been increased from 70 per cent to 75 per cent, and previous portfolio growth restrictions have been removed. In addition, the lender has lowered the aggregate rental cover requirement from 145 per cent to […]

Key Retirement appoints new distribution strategy director

Key Retirement Group has appointed Russell Warwick (pictured) to the newly created role of distribution strategy director. Warwick, who previously held positions at Primetime Retirement, a brand within Key Retirement Group and Prudential UK, has over 26 years’ industry experience. Among his duties, Warwick will concentrate on the development of the firm’s distribution strategy. Key […]

Aspen Bridging raises maximum loan sizes

Aspen Bridging has increased its maximum loan sizes on portfolio and single properties with immediate effect. Specifically, the lender has increased its portfolio properties maximum loan size from £1.5m net to £4m net, and on single properties, from £1m net to £2m net. The increase comes after the lender asked a number of broker firms […]

Private rental prices rise: ONS

Private rental prices in the UK rose 1.1 per cent in the year to February, according to the office for national statistics. On a monthly basis, rents increased by 1 per cent. In England and Wales specifically, prices grew 1.1 per cent over the 12 months to February, and in Scotland, by 0.7 per cent. […]