View more on these topics

Tipton BS launches into buy-to-let


Tipton and Coseley Building Society has entered the buy-to-let market with a number of 70 per cent LTV purchase and remortgage products.

The range is only available through intermediaries and includes a two-year discount with an initial rate of 2.78% for new purchase, which is a discount of 2.71% from the buy-to-let variable rate and has a £999 arrangement fee.

It is also offering a remortgage deal which is a two-year discount rate at 2.98%, (2.51% below its buy-to-let variable rate), with a £199 booking fee and £799 arrangement fee. Free standard legal fees and free standard valuation are included.

Tipton head of mortgage sales Richard Groom says: “We’re delighted to launch a new buy to let portfolio, especially as research suggests that a quarter of homes over the next decade will be rented out. We’re capitalising on this suggested trend and look forward to developing and growing our market share.”



Masthaven submits application to become a bank

Masthaven Finance has submitted an application to become a retail bank. The second charge and bridging loan provider says it has “attracted the significant investment required to meet UK regulatory capital rules” and plans to launch in the summer of 2016, should the application be successful. It plans to offer savings and specialist mortgages for […]


Ex-Bright Grey MD Roger Edwards joins Protection Review

Consultancy firm Protection Review has appointed Roger Edwards as marketing director. Edwards has previously been managing director of Bright Grey and Scottish Provident. He left the providers in September 2013 and since then has been running his own marketing consultancy. He will take up his new role on 1 January 2016. Protection Review chief executive […]


UK inflation turns negative

UK inflation slipped into negative territory again in September, driven by the falling price of food and reduced motoring costs. The 12-month Consumer Prices Index inflation rate dropped to -0.1 per cent in September, down from 0 per cent in August. It is the second time the Office for National Statistics has reported negative inflation […]


One for all or all for one? Weighing up the pros and cons of going AR/DA

Debate rumbles on over which status is better for brokers: AR or DA? Choosing whether to become an appointed representative of a network or directly authorised is one of the most important decisions made by brokers. The main advantage of being a DA, they say, is in having total control of one’s business and avoiding […]


News and expert analysis straight to your inbox

Sign up

Why register with Mortgage Strategy?

Mortgage Strategy continues to be the market-leading B2B mortgage publication in the UK, and provides trusted, independent insight with the aim of helping, promoting and analysing the latest developments for mortgage professionals.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Mortgage Strategy Events
Be the first to hear about our industry leading conferences, awards, webinars and more.

Research and insight
Take part in and see the results of Mortgage Strategy's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now