Category Archives: Mortgages

Lending to first-time buyers increases in February

  The number of first-time buyers increased by 3% in February, marking the best start to a year since 2008, according to new data released today by the Council of Mortgage Lenders. Activity in the first-time buyer sector was 17% stronger …

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Saffron for intermediaries helps borrowers take their next step

  Saffron Building Society has announced the launch of a new mortgage designed to help second and subsequent time buyers struggling to raise a deposit, take their next step on the housing ladder. The Next Step Mortgage, which is available …

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Aldermore cuts buy-to-let and residential mortgage rates

  Aldermore has reduced its rates on the following buy-to-let and residential mortgage products:     Residential: 2 year fix: rates have been cut by up to 0.6% 3 year fix: rates have been cut by up to 0.2% Buy-to-Let: …

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Low-cost investment property funding, exclusively via 3mc

  Leading mortgage distributor 3mc is giving brokers access to some of the cheapest investment property funding currently available in the UK.   The funding, which is available exclusively via 3mc and provided by Aldermore Commercial Mortgages, is available on …

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Monmouthshire Building Society Appoint e.surv as Panel Manager

  Monmouthshire Building Society has appointed e.surv chartered surveyors as panel manager, following a detailed evaluation process. The appointment reflects the Society’s growing requirement for valuation services as it expands across the UK. ‘We are pleased to have met the …

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Aldermore opens-up criteria to allow family gifted deposits and extends new build offer period

  Aldermore has opened-up its residential and buy-to-let lending criteria to allow full family gifted deposits, as well as extending the offer period allowable on new build properties. Charles Haresnape, Managing Director of Residential Mortgages at Aldermore, said: “To date, …

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Number of first-time buyers rise by 15% in London in 2012

  The number of first-time buyers in London rose by 15% in 2012, marking the largest annual total since 2007, according to new data released today by the Council of Mortgage Lenders. A total of 37,300 first-time buyers bought a …

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Paradigm adds Hinckley and Rugby BS to lender panel‏

  Paradigm Mortgage Services, the mortgage services proposition, has further extended its burgeoning lender panel with the announcement that Hinckley & Rugby Building Society (HRBS) has been added to its roster. The mutual is represented primarily in larger towns and …

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Kent Reliance launches BTL range

  Kent Reliance, part of the OneSavings Bank Group, has today launched a series of Buy to let products available to brokers across the standard, specialist and large loan markets. Key features of the Buy to let products include: – …

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Investec offers New Mortgage product aimed at Professionals

  Investec, the specialist bank and asset manager, has launched a new range of mortgage products aimed specifically to professionals such as accountants, architects, dentists and lawyers. Investec Professional Mortgages are only available through professional mortgage intermediaries and rates start …

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