Tag Archives: Mortgages
Home-owner house purchase lending up 24% year-on-year in October
New CML data released today on the profile of UK lending in October 2013, including first-time buyer, home mover, remortgagor and buy-to-let lending, shows: Total number of loans advanced to home-owners for house purchase rebounded strongly from its seasonal fall in September, …
First Complete has best month for mortgages
First Complete this week celebrates its third birthday under LSL Property Services. It celebrates in some style as April proves to be the most successful month for mortgages in the network’s history, both in terms of the number of …
Posted in Mortgages
Tagged First Complete, LSL Property Services, Mortgages, Toni Smith
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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 …
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, …
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: – …
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 …
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 …
First-time buyer activity helped drive lending in June
First-time buyer activity helped sustain lending for house purchase in June, according to data published today by the Council of Mortgage Lenders. The figures show that lending to first-time buyers during the month was at its highest since July 2010 …
Posted in Mortgages
Tagged CML, First-time Buyer, Maeve Ward, Mortgages, Paul Smee, Shawbrook Bank
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Coventry Building Society announces record results
Coventry Building Society has today announced record profits during the six months ended 30 June 2012. The Society’s share of the mortgage market was also a record with net mortgage lending equivalent to 45% of the UK market. Strong business performance …