HSBC has announced a major policy change that’s set to help landlords across the country the introduction of top slicing for buy-to-let (BTL) mortgage applications. This new approach gives investors the ability to use personal income alongside rental income when...
Property auctions provide a fast-paced and exciting way of acquiring your next property or home, but the majority of potential buyers believe you have to be a cash buyer to take part. To the dismay of many, you can bid on an auctioned residential property using a...
Tucked beside a sweeping bend of the River Thames, Barnes has long been one of south-west London’s best-kept secrets. Cobblestoned streets lead you past Georgian terraces, pretty courtyards and village greens, and yet central London is only a short train ride away. It...
In a communication to all subscribing mortgage brokers, TSB has recently announced some pretty substantial cuts to their mortgage interest rates across various parts of their residential mortgage product range. These reductions extend to both shared ownership and...
Remortgaging To Release Equity: A Comprehensive Guide Release equity? What on Earth is that? Most people are taught about getting a mortgage to buy a property. A straightforward loan that you pay back per month to the bank until you clear the balance. But what if you...
Accord Mortgages has announced a significant reduction in rates across its Buy-to-Let New Business product range. The adjustments, set to take effect on Friday the 10th of November 2023, come in response to the volatile mortgage market conditions in the UK, with...
In a recent economic update sent out to mortgage brokers, The Mortgage Lender (TML) painted a sobering picture of the current economic landscape, highlighting several challenges that are impacting the mortgage market and the broader economy. As part of the PRIMIS...
This week, we have witnessed a fascinating shift in the mortgage market, with Skipton increasing its rates for certain borrowers while other major lenders, including Halifax, Coventry, HSBC, and Virgin Money, are reducing rates for various mortgage products. Why have...
The UK is on the brink of experiencing the slowest two-year mortgage growth in a decade, that is according to a recent report by Ernst & Young Item Club. High-interest rates and restrained economic expansion are expected to dampen the enthusiasm of prospective...
Mortgage lender NatWest (one of the big six lenders in the UK) has announced significant cuts to landlord stress rates and reduced buy-to-let and residential mortgage rates, offering new competitive options for new and existing borrowers. In a move that is sure to...
Before their recent shift from a hard to a soft credit footprint before the submission of mortgage applications, Barclays is introducing two significant enhancements to their loan-to-income (LTI) policy. These changes, set to take effect from Thursday the 26th of...
More than a fifth of mortgage payers won't shift to a new lender, and more than a third haven't changed their mortgage in the past five years, according to research from YouGov. Despite a variety of new deals coming to the market and mortgage interest rates dropping,...
Coventry Building Society and Accord Mortgages are set to make significant adjustments to their mortgage products, providing new and existing borrowers with more competitive mortgage product offerings. These changes are scheduled to take effect at the end of October...
When it comes to securing a substantial mortgage loan, choosing the right lender can make a world of difference. In places like London, properties sell for much higher than the rest of the country, which means that large mortgage loans are almost an essential in a lot...
In an exciting development for prospective homeowners and property investors, Santander mortgage cuts have been announced on a selection of residential and buy-to-let mortgage products. These changes, scheduled to go into effect on the 24th of October 2023, are set to...
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