Author Archives: tony
Buy To Let app for iPhones proves popular with landlords
Buy To Let, the free app which lists all the latest buy to let mortgage rates for iPhone using landlords and brokers has been downloaded nearly 1,500 times since launching in September. The app was developed by Mortgages for …
First-time buyer activity receives October boost
The number of loans advanced to first-time buyers in October returned to levels similar to those seen over the summer following a slow September, according to new data released today by the Council of Mortgage Lenders. Lending to home …
Buyers return as confidence improves in housing market
Buyer interest grew across the UK last month as confidence in the housing market continued its gradual increase, says the latest RICS housing market survey (11 December 2012). Enquiries from would-be buyers saw a rise in most parts of …
Landlords have high hopes for BTL market in 2013
The majority of property investors remain positive about the outlook for the private rental sector in 2013, according to the latest Landlord Survey conducted by specialist lender, CHL Mortgages. Nearly 71% of landlords are upbeat about the sector’s prospects …
Limited period rate reduction on residential and buy-to-let mortgages
British challenger bank Aldermore is cutting its mortgage rates on the following products for a limited period: Residential term variable rate – now 3.98% to 80% LTV, down from 4.28% Buy-to-let 2 year fixed rate – now 4.98% to …
ABP sues Morgan Stanley over mortgage-backed securities
The €270bn civil service scheme ABP has sued Morgan Stanley for fraud over residential mortgage-backed securities acquired in 2006-07 according to IPE Real Estate. In the lawsuit – brought before the New York State Supreme Court – ABP claims …
Paradigm offers members access to bridging sourcing system
Paradigm Mortgage Services, the mortgage services proposition, has become the first distributor to offer its members access to a newly launched bridging sourcing system. The sourcing system is the brainchild of bridging specialist, Capital Advances, and was recently launched in …
Posted in Mortgages
Tagged Capital Advances, Paradigm Mortgage Services, Solent Mortgage Services
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Video Guide: Mortgage Interest Rate Behaviours
This video originally appeared on MeaningfulMoney.tv
Coventry Intermediaries launches new range including a 2.99% fixed rate for 4 years
Coventry Building Society’s new range includes 2 year fixed rates from 2.59% with low arrangement fees and a 5 year Flexx Fixed rate at 3.99% available up to 85% LTV. This competitive range also includes a legal and valuation …
Brokers are back
The FSA has updated its information on the numbers of authorised mortgage firms. At its peak, the number of firms registered with the FSA having mortgages as their primary category of authorisation was 3,553 in January 2006. This gradually …