UK

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TMW doubles remortgage offer window to six months

The Mortgage Works is doubling the length of time its remortgage offers are valid from three to six months.  The change comes in tomorrow. Currently TMW mortgage offers have different validity periods that change according to the type of product. For purchase and let-to-buy applications the validity period is six months. For remortgage offers and […]

Buy to let, landlord

Landlord confidence still shaky: BM Solutions

Landlord confidence in the rental sector is still shaky, according to BM Solutions research. The lender found that landlord confidence levels were largely flat quarter-on-quarter in areas including rental yields, capital gains and their own lettings businesses. The biggest change was an 11 per cent fall in confidence around the short-term prospects for UK financial markets. […]

Houses, house, property, monopoly

SimplyBiz signs up InterBay Commercial

    SimplyBiz Mortgages has today added specialist lender InterBay Commercial to its panel. SimplyBiz members can now access the lender’s buy-to-let, HMO, commercial, bridging and semi-commercial products. Its members now have access to InterBay’s commercial and semi-commercial lending, buy-to-let and HMO, and bridging loans. SimplyBiz Mortgages chief executive Martin Reynolds says: “We are very […]

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Limited company BTL products on the rise: Moneyfacts

Buy-to-let lenders are offering more limited company fixed rate products than ever before, according to Moneyfacts. Moneyfacts says the number of these products on the market has almost tripled in two years and reached 235 in April 2018. There were 212 such products last April and 80 the April before. Moneyfacts finance expert Charlotte Nelson […]

Labour party

Labour unveils plans for affordable housing boom

Labour would shake up affordable housing if elected and build one million cheap social homes in ten years, according to shadow housing secretary John Healey. Labour says the term ‘affordable housing’ has become “bogus” and “discredited”, under the Conservatives, shadow housing minister John Healey tells the Guardian. The coalition government has set guidelines for housing […]

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When You Move joins Primis conveyancing panel

  Primis Mortgage Network has added When You Move to its conveyancing panel. When You Move is a conveyancing platform that helps connect advisers with conveyancing firms. Primis advisers now have direct access to When You Move’s services and technology. Primis chief operating officer Toni Smith says: “Technology is continually evolving in the intermediary world […]

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Lloyds closes 49 branches, cuts 305 roles

  Lloyds Banking Group is closing a further 49 branches which will result in the loss of 305 jobs. In total more than 1,230 jobs will disappear from its branch network and central office. But the UK’s largest bank says it is also creating 925 new roles and existing employee will be encouraged to apply […]