Mortgage Finance Gazette
WEBEstablished in 1869 as the Building Societies Gazette, Mortgage Finance Gazette has been the market leading publication for the mortgage lending industry for 150 years.
Mortgage clubs: Keeping ahead of the tech and value curve
WEBJun 12, 2019 · In 2018, Legal & General Mortgage Club saw lending through regional building societies rise 17% year-on-year, contributing £1 in every £10 lent through the club. Eight new building societies were added to the club’s panel over the course of the year, taking the number of mutuals to 31, and this number has since risen.
FINTECH Archives - Mortgage Finance Gazette
WEBSharia-compliant bridging finance lender Offa has launched into the buy-to-let market. The fintech firm says it is powered by the latest software and aims to “disrupt and transform the traditionally old-fashioned and cumbersome world of Islamic finance.”. The new deals are available for property in England and Wales valued between £60,000 ...
United Trust Bank promotes three to oversee sales and …
WEBMar 19, 2024 · United Trust Bank Mortgages for Intermediaries has promoted three members of its sales team, as the lender bids to bolster links with brokers and grow distribution.
Barclays improves Family Springboard Mortgage
WEBJun 24, 2019 · The interest rate tracks a margin of 1.50% above the Bank of England Base Rate. The five-year interest rate is 2.95% if the borrower has no deposit or 2.75% if they can provide a 5% deposit. Loans are from available from £5,000 to £500,000. Hannah Bernard, head of Barclays Mortgages, said: “Since the launch of our Family Springboard ...
Ten of the biggest fraud and money laundering scandals from the …
WEBJan 13, 2020 · Money laundering and fraud cost UK businesses, citizens and the government more than £100 billion a year, according to the National Crime Agency.The effects can have a devastating impact on ordinary …
Grenfell Tower Enquiry: Implications for mortgage lenders
WEBJan 15, 2021 · When the Grenfell Enquiry report is published there is likely to be an outpouring of anger, blaming and buck-passing followed by years of litigation as cladding suppliers, developers, builders, architects and insurance companies deal with the after-shock. There may also be criminal prosecutions. …
Secret commissions: Court ruling provides clarity for lenders and ...
WEBApr 6, 2021 · The Court of Appeal also upheld that, the commissions paid by the lender to the broker were fully secret commissions on the basis that a general term in the Broker’s terms of business stating that commission may be received was not sufficient to negate secrecy. The Judgment also confirmed that if the bribe or secret commission is a “half ...
Sesame Bankhall Group’s Charman takes up new partnerships role
WEBJan 16, 2024 · Sesame Bankhall Group’s Stephanie Charman has expanded her responsibilities at the broker network to become group partnerships & propositions director. The firm says in her new role she will “lead on developing partnership relationships and market-leading adviser solutions and propositions in tandem with other key relationships”.
Standard Life Home Finance intros equity release deal at up to …
WEBMay 8, 2024 · By Roger Baird in Market news 8th May 2024 0. Standard Life Home Finance has added a new plan to its Horizon lifetime mortgage range at up to 52% loan-to-value. The equity release lender says its Horizon 650 product is available to homeowners between 55 and 84 — and is aimed at “those who need to maximise their borrowing”.