Latest news for mortgage brokers and introducers - Introducer …
WEBMortgage deal aims to boost renovation, conversion and self-build sectors. 16th September 2024 528 reads 0 comments. BuildStore Mortgage Services has entered a strategic partnership with L&C Mortgages to help them to….
UK Finance demands root-and-branch reform for housing market
WEB15 hours ago · UK Finance says it wants to work with the new Labour government to: Support home ownership by helping first-time buyers to purchase the homes they need, through making permanent the current temporary nil-rate bands on stamp duty up to £425,000; increasing access to shared ownership schemes; and reviewing whether prudential rules introduced ...
Surge in mortgage borrowers aged 70 and over - Introducer Today
WEB15 hours ago · An increasing number of mortgage providers are now willing to lend to borrowers aged 70 and over, provided they can meet the necessary repayments on their debts. The wider range of mortgage products available for over 70s means rates are becoming more competitive. A spokesperson for TWM Solicitors says: “For …
Stamp Duty receipts up over 10% as calls for reform grow
WEB15 hours ago · Stamp duty tax receipts for the period from April to August 2024 are £7.2 billion, which is £0.8 billion higher than the same period last year. The figures, released over the weekend, have added to calls for stamp duty reform. Dan Tomassen, tax director at accountancy firm HW Fisher, says:“As a ...
Soaring house prices will end with US-style corporate landlord …
WEB15 hours ago · The UK boss of a global credit intelligence operator says growing house prices will trigger the rise of corporate landlords. Aaron Milburn, UK managing director for Pepper Advantage, says: “[This week’s] Rightmove House Price Index shows prices rising again in September, supporting the RICS survey …
Breaking News Archives - Introducer Today
WEB5 days ago · First Time Buyer mortgage payments show big drop from peak. Written by: Introducer Today Team. Rightmove says the average first-time buyer mortgage payment is nearly £150 lower than the mortgage rate peak in July 2023. Rightmove’s weekly mortgage tracker shows how average mortgage rates have decreased since the peak in July 2023.
Fintech partnership aims to make life easier for brokers
WEB5 days ago · Technology platform OMS is expanding a partnership with Experian, allowing lenders and brokers to access a range of data and identity services. Experian’s Mortgage Passport services include reference data and identify services, which it claims will drive automation and operational efficiencies as well as a better service to clients.
New dates for MBE Leeds and London announced - Introducer …
WEBMortgage Business Expo (MBE) has confirmed that it will be open for live events in 2021. The first event will return to the Royal Armouries in Leeds on July 8 and the second at its new home in the heart of London’s financial community, the Business Design Centre, on October 14. Since its launch over 19 years ago, MBE has grown to become one ...
‘First-of-its-kind’ affordability sourcing tool launched by L&G
WEBLegal & General (L&G) has announced that it will provide its digital mortgage sourcing technology to intermediary business, My Simple Mortgage. L&G says the integrated tech solution is the ‘first of its kind’, enabling customers to research the most suitable products based on their affordability, directly from the My Simple Mortgage website.
Revealed – how brokers can prepare for the new Consumer Duty
WEB1. Evaluate the rules against your business. Brokers should prioritise reviewing the FCA’s expectations against each element of their business ensure they are in the best place possible to make changes once the changes are confirmed at the end of the month. The duty is predominantly focused on ensuring good consumer outcomes .