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….
Bank enhances broker support with Phone and Live Chat Services
WEB4 hours ago · The lender says that the new phone line and expanded LiveTalk service ensure that no matter the query, the right help can be provided to brokers quickly and efficiently. The improvements follow other recent interventions by NatWest to – in its words – “improve the home-buying journey.”. The bank recently announced reduced rates on ...
To buy or to rent? That is the question! - Introducer Today
WEB4 hours ago · Your property value could increase, benefiting you. Location affects rent versus mortgage. Some areas have higher rents than mortgage payments, while others are the opposite. Buying has upfront costs, but in the long run, it’s like building a nest egg for yourself, unlike renting, which benefits your landlord.”. –.
First Time Buyers frustrated at every turn – financial services claim
WEB4 hours ago · The needs of first-time buyers have been sidelined, risking deepening economic divides. That’s the view of financial services operator Moneybox which says FTBs being disenfranchised from ownership risks threatening overall wealth in society. Moneybox’s new report into the issue, based on analysis of 4,000 FTBs, says:
Surge in mortgage borrowers aged 70 and over - Introducer Today
WEB2 days 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 …
UK Finance demands root-and-branch reform for housing market
WEB2 days 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; …
Breaking News Archives - Introducer Today
WEBSep 18, 2024 · Annual house price growth at highest for almost two years. Written by: Introducer Today Team. Nationwide says UK house prices fell by 0.2% month on month in August, after taking account of seasonal effects, but the annual rate of house price growth continued to edge higher. ... 2nd September 2024. No Comments.
Soaring house prices will end with US-style corporate landlord …
WEB2 days 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 last week that …
Brokers Speak Out – key industry issues for 2024 - Introducer Today
WEBThe tough market conditions were clearly felt as only 22 per cent of brokers surveyed agreed that 2023 was a good year for their business – down from 48 per cent in 2022. Some 77 per cent told Crystal that business was the same or down on the previous year – again, a significant increase from 53 per cent in 2022.
Revealed – hottest locations for Britain’s first time buyers
WEBLuton. Eastern England. 70%. £245,207. Great Britain average (excluding London) 49%. £247,862. Leading the list, Manchester saw first-time buyers account for 75% of all home purchases made with a mortgage last year, up from 65% (+10pp) in 2020. The city is well-known for its young and vibrant population.
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