Rebekah Commane

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Skipton introduces additional borrowing and proc fees

Skipton Intermediaries is introducing additional borrowing through an automated process on its eMortgages system and bringing in proc fees for all introduced business from the end of January. The additional borrowing offering will be available through an online process, in a move the building society says has not been provided by many other lenders. The […]

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Gatehouse Bank hires three case managers

Shariah-compliant lender Gatehouse Bank has appointed three new case managers following the launch of its home purchase products last week. Georgina Taylor, Sinead Hendrikse and Tyler Sullivan have been hired as case managers on the home finance operations team. Taylor previously held a number of roles at Connells and was most recently a product analyst for Countrywide, […]

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Santander sponsorship of Ami dinner ends after 15 years

Santander’s sponsorship of the Ami dinner has come to an end after 15 years and the trade body is now looking for a new sponsor. Both Santander and Ami said the time is right for the collaboration to end as the trade body moves into a new era. Ami chief executive Robert Sinclair (pictured) says: “I and […]

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Gatehouse launches first home purchase products

Shariah-compliant Gatehouse Bank has today launched its first homebuyer mortgage alternative, having secured regulatory approval. In an initial pilot, 2-year fixes are being made available directly from the bank and through one broker – One Option Finance – with plans to roll out the products to the wider intermediary market later. In Shariah law, the […]

Blog: Diary of a mortgage adviser’s night sleeping rough

On Friday 30 November, like many other mortgage industry individuals across the country, Gavin Richardson, head of buy-to-let and residential mortgages at Mortgages for Business, slept rough to raise money and awareness in support of End Youth Homelessness. In this blog, he outlines what he learned from the experience. It was a pretty surreal experience venturing […]

UKF releases Q3 product transfer data and revises earlier figures

UK Finance has released product transfer data for Q3, along with revised figures for Q1 and Q2. The trade body’s latest data found that 291,900 homeowners switched product with their existing provider in the third quarter of 2018, representing £38.7bn of mortgage debt refinanced internally. Of these product transfers, 156,900 were conducted on an advised […]

Brokers defend higher income multiples for mortgage borrowing

Brokers have spoken out in defence of mortgage products based on higher than average income multiples following criticism for the deals in the national press. This week, Darlington Building Society launched a six-times salary mortgage for professionals in certain professions, including accounting, law and medicine. This is the largest loan-to-income ratio mortgage product currently on […]