Category Archives: Mortgages
Mortgage market slumps to third worst August on record
• House purchase loans in August fall 8% year-on-year to 48,913 • Lending volumes and LTVs sinking back to 2010 levels • High LTV lending falls 10% in August • Less than 5,000 purchase loans granted to buyers with …
Shawbrook revamps range of commercial mortgages
Shawbrook Bank has revamped its product range, introducing 13 tailored commercial mortgages for the property investment and trading business markets. The product revamp provides a much broader range of funding solutions and also includes six key improvements to either …
Rise in home movers drives boost in house purchase loans and gross lending
A rise in lending to home movers was the main driver of an increase in house purchase lending in July, according to data published today by the Council of Mortgage Lenders. The number of loans taken out by home …
Paradigm Mortgage Services announce strategic relationship with Infinity International
Paradigm Mortgage Services, the mortgage services proposition, has today (10th September 2012) announced a new strategic relationship with Infinity International, the provider of foreign exchange and international payment services to businesses and individuals. From today Paradigm member firms can …
Posted in Mortgages
Tagged Bob Hunt, Infinity International, Paradigm Mortgage Services, Robert Groves
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Coventry launches new residential mortgage range
Coventry Intermediaries launches new residential range with rates from 3.10% for borrowers looking to remortgage for just £199. Coventry Intermediaries has launched a new range of residential mortgages with a legal and valuation package for remortgages, allowing borrowers …
Mortgage funding – what’s going on?
CML View Talk to anyone in the pub about mortgages, and most people have always had a view. Talk to them about mortgage funding, and it used to be blank faces all round. But the world has changed. These …
Connect Overseas’ new system gets endorsement from industry
Connect Overseas, the international mortgage specialist, which launched its foreign mortgage sourcing system at the end of July, has received positive endorsement from mortgage distributors, SMS and Brilliant Solutions. The new system, which is unique in providing an online …
Subdued mortgage market dents MBS’ profits
Manchester Building Society has reported a slip in first half profits. Pre-tax profits fell 18% to £862,000 (2011: £1.05m) in the six months to June 30. Income was marginally up at £12.8m (2011: £12.6m) This was partly down to …
Mortgage lenders need to innovate
Net mortgage lending by the banks may have grown by 0.8% in the year to July according to the British Bankers’ Association, but it was no great surprise to see that the gross monthly figure of £7.1bn had fallen …
Coventry Intermediaries launches new market leading range
Coventry Intermediaries has launched a new, market leading range of 85% LTV Residential and Offset mortgages with 2 year fixed rates starting from 4.33%. Available from Friday 24th August highlights include; Residential 2 Year Fixed Mortgages 4.33%, 2 …
Posted in Mortgages
Tagged Colin Franklin, Coventry Intermediaries, Godiva Mortgages
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