Latest news for mortgage brokers and introducers - Introducer …
Estate Agent Today provides daily industry, Estate Agency, Property Market, Housing, Moving Home and Online Estate Agent News updates for the UK's letting agent community.
Mortgage product choice booms to one of highest levels ever
1 day ago · Mortgage product choice has risen for the first time in several months, says Moneyfacts. There are now 6,645 options, the first rise since July; with exception of July 2024 (6,658) and August 2024 (6,657), this is the highest count since February 2008 (6,760).
Brokerage creates ‘super agency’ alongside home seller and …
1 day ago · Three regional businesses – one mortgage broker, one conveyancer, the other an estate agent – have joined forces to create what the trio call “a super agency” to handle every aspect of a home move, plus legal and ancillary services. Sort Legal – …
Rachel Reeves’ 10-Year Plan: A New Approach to Social Housing in …
Rachel Reeves, the UK Chancellor, is set to unveil a bold plan aimed at tackling the country’s deepening affordable housing crisis. In the upcoming October Budget, Reeves intends to introduce a 10-year formula that will see social rents rise annually by the Consumer Price Index (CPI) measure of inflation—currently at 2.2%—plus an additional 1%.
Bad News as rates set for a week of rises - Introducer Today
3 days ago · It offered the lowest interest rate for a five year fixed deal on a 60% loan-to-value mortgage at 3.68% and its products were amongst the cheapest rates for an equivalent 90% LTV mortgage at 4.49%.
Barclays demands incentives for down-sizers and right-sizers
3 days ago · Analysis from Barclays and Ipsos finds that an estimated 1.7m households are already open to right-sizing within the next one to two years. However, with the right policy interventions this could rise to as many as 3.8m estimated under-occupiers encouraged to right-size at some point in the future, freeing up much-needed ‘spare’ capacity.
Brokers Speak Out – key industry issues for 2024 - Introducer Today
Crystal Specialist Finance has conducted its Annual Survey with over 10,000 brokers for the second year running. The point is to see how intermediaries view the market in 2024, and what they consider the driving forces for new business>
Getting On The Property Ladder: Questions To Ask ... - Introducer …
The property ladder poses quite the challenge for homeowners, sellers, and prospective buyers alike. While each category of person is in different situations, they all have one thing in common; the market changes around them, which they cannot control, can
Building Societies target first time buyers with affordability issues
First-time buyers comparing mortgages will find building societies on average price lower than the market averages (90% and 95% loan-to-value, for two- and five-year fixed mortgages).
Interest Only – another surge in demand online - Introducer Today
There’s also been a surge in searches for shared ownership – a 32 per cent rise in the past month. Kevin Roberts, managing director, Legal & General Mortgage Services, says: “As interest rates settle into a steadier groove, it is encouraging to see a steady stream of borrowers making inroads into the property market, with the number of searches made on behalf of borrowers growing month ...