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News
HSBC cuts mortgage rates and raises maximum loan sizes
3+ hour, 13+ min ago (338+ words) HSBC UK has cut selected residential mortgage rates by up to 0.20% and increased its maximum lending limits for purchases and remortgages. The changes take effect today with the higher lending limits initially available for applications submitted through mortgage brokers. For…...
Gen H reduces rates across higher-LTV ranges
1+ day, 53+ min ago (374+ words) The residential mortgage lender has cut rates by 15bps at 90% and 95% LTV. Gen H has reduced rates by 15 basis points across its 90% and 95% loan-to-value (LTV) ranges, with the aim of making it cheaper for buyers with smaller deposits to find their…...
Newcastle reintroduces 90% LTV products with expanded mortgage range
6+ day, 3+ hour ago (161+ words) The enhanced range includes reduced rates for self-employed borrowers, an expanded JBSP range, and a new five-year new build range. Newcastle for Intermediaries has launched a range of new mortgage products. The enhanced range includes the return of 90% LTV standard…...
L&G reduces optional payment lifetime mortgage rate by up to 100bps
1+ week, 4+ hour ago (166+ words) L&G is launching a reduced rate for new customers of its optional payment lifetime mortgage (OPLM) product. OPLM allows customers aged 55 and over to release money tied up in their home with the option of paying some, or all,…...
Hope Capital increases Shawbrook funding line to £50m
1+ week, 2+ day ago (184+ words) The specialist lender now has £160m of committed funding secured across its funding partners. Hope Capital Property Finance has strengthened its longstanding relationship with Shawbrook Bank, with its committed funding facility increasing to £50 million. Having initially secured a £15 million facility in…...
Coventry cuts residential and buy-to-let rates by up to 0.15%
1+ week, 5+ day ago (165+ words) The latest reductions cover first-time buyer and buy-to-let remortgage products. Coventry for intermediaries has announced rate reductions across its residential and buy-to-let mortgage ranges. Residential rates have been reduced by up to 0.15% and buy-to-let rates by up to 0.08%. Highlights of…...
West One enhances residential and second charge mortgage criteria
1+ week, 6+ day ago (231+ words) The lender has introduced larger maximum loan sizes, enhanced AVM criteria, and additional credit tiers. West One has expanded its 'Extra' second charge and residential mortgage ranges, introducing larger maximum loan sizes, enhanced AVM criteria, and additional credit tiers designed…...
Hinckley & Rugby launches new impaired credit mortgage range
2+ week, 2+ hour ago (362+ words) The new specialist mortgage range broadens options for brokers supporting clients with complex credit histories. Hinckley & Rugby Building Society has launched a new specialist mortgage range designed to give intermediaries more options for borrowers with historic credit challenges who have…...
Gable Group launches 100% LTV mortgage range
2+ week, 1+ day ago (277+ words) The products do not require a cash deposit, guarantor, any other form of collateral security. Gable Group has secured a long-term institutional funding line from a European bank to support the launch of a range of high-LTV mortgage products, up…...
Hope Capital enhances Dual+ with £1m dual legal representation and instant valuations
2+ week, 2+ day ago (242+ words) The changes aim to help brokers complete residential bridging cases faster. Hope Capital Property Finance has strengthened its Dual+ proposition with an increased dual legal representation threshold of £1 million and instant valuations at enquiry stage. The enhancements are designed to…...