Category Archives: Mortgages
Shawbrook expands interest only options
Shawbrook Bank has increased its interest only options across all property types following feedback from its network of brokers and intermediaries. With its continued focus on product innovation, Shawbrook has increased the interest only LTV on residential property to 75% and the LTV …
Video Guide: Repayment vs Interest Only Mortgages
This video originally appeared on MeaningfulMoney.tv
Precise Mortgages improves buy to let criteria
Precise Mortgages, the intermediary only lender, is improving two parts of its lending criteria today, which will help brokers to help their customers obtain BTL and Near Prime mortgages. For all BTL applications, the lender has removed its minimum …
Gross mortgage lending at 11-month high in October
There are signs that the market weakness of recent months may be coming to an end, according to the Council of Mortgage Lenders. The CML’s forward estimate is that total gross mortgage lending recovered to £12.9 billion in October. …
A Christmas Present from Precise Mortgages
Precise Mortgages, the intermediary only lender, will be giving one lucky mortgage intermediary a £2,000, available in their account on the 21st December 2012, cash prize just in time for Christmas. By registering with Precise Mortgages by the 17th …
Precise Mortgages revamps mortgage range
Precise Mortgages, the intermediary only lender, today launches a series of improvements to its mortgage range in a bid to take a step closer to being a one stop shop for mortgage intermediaries. Firstly, on its Mainstream range, all …
Exact Mortgage Servicing Gains More Intelligence
Exact, the mortgage servicing and asset management business has improved its mortgage servicing platform with the addition of real-time credit data. This equips its experienced collectors with access to live credit data and analytics, which enables them to review …
CHL buy-to-let arrear levels continue to fall
Specialist lender, CHL Mortgages, has today (12th November 2012) revealed a continuing fall in arrear levels for its buy-to-let mortgage book. As at the end of October 2012, out of 42,000 live mortgage accounts, only 572 (1.36%) were in three-month …
Buy-to-let continued to grow in third quarter
The value of buy-to-let mortgages taken out in the third quarter of 2012 totalled £4.2 billion, an increase of 8% over the £3.9 billion advanced in the preceding three months, according to data published today by the Council of Mortgage Lenders. The number …
Posted in Mortgages
Tagged buy to let, CML, Dragonfly Property Finance, Jonathan Samuels, Paul Smee
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Paradigm Mortgage Services celebrates 5th anniversary
Paradigm Mortgage Services, the mortgage services proposition, is celebrating its 5th anniversary since its launch at the end of 2007. The distributor has now secured a 3.5% share of the mortgage market via approximately 2,200 Registered Individuals (RIs) currently …