3+ day, 3+ hour ago   (250+ words) Buy-to-let lender, Landbay, has announced a series of rate reductions across its Core buy-to-let range, with cuts of up to 0.20%. The reductions apply across 19 of its 75% LTV two- and five-year fixed-rate products covering both Landbay’s standard Core and Core AVM…...

4+ day, 3+ hour ago   (171+ words) Inspired Lending has announced a reduction to its bridging rates following increased funding support from the Pears family. First-charge bridging finance is now available from 0.75% per month, down from the previous minimum of 0.79% per month. Rates for second-charge bridging, heavy…...

1+ week, 4+ day ago   (462+ words) Barclays will launch a Fast-Track Remortgage service on 7 September with the aim of making remortgaging “faster and more straightforward”. To use the service there must be up to two existing borrowers, borrowing up to 80% of the property’s value with no…...

2+ week, 5+ day ago   (199+ words) Rely, part of OSB Group, has added a new limited edition product range for landlords with 11 or more properties. The products offer rates up to 40 basis points lower than comparable products in the standard range and can be withdrawn at…...

2+ week, 5+ day ago   (572+ words) Lending by bridging providers fell by 15% to £173.1m in the second quarter of this year, compared to £199.2m in the first quarter, based on data from some of the biggest lenders and brokers in the sector. The latest Bridging Trends report from…...

3+ week, 2+ day ago   (193+ words) CHL Mortgages is enhancing its bridging criteria by widening the levels of acceptable adverse credit history and introducing automated valuation models (AVMs). The specialist lender, which launched its regulated and non-regulated bridging proposition earlier this month, will now consider cases…...

3+ week, 2+ day ago   (1485+ words) Where has the collapse of MFS left the bridging market? Are lenders and brokers more cautious? Should the entire sector be regulated? Mortgage Strategy explores the issues Private credit lenders have largely flown under the regulatory radar, until recently. Their…...

3+ week, 3+ day ago   (173+ words) Beverley Building Society has appointed a new non-executive director to chair its compliance committee as it seeks to double mortgage lending within two years. Jonathan Pattinson, who has 30 years’ experience in senior auditing roles, including as chief executive of Computershare…...

3+ week, 3+ day ago   (140+ words) Castle Trust Bank has extending its light refurbishment range for bridging customers looking to borrow between £150,000 and £200,000. The bank has introduced new versions of its existing light refurbishment products, available at 0.78% per month for loans from £150,000 to £200,000. The new options…...