Halifax unveils 95% mortgage for new build houses
From July 1 Halifax will increase the maximum loan to value on new houses from 90 to 95 per cent,...
Finance
Know the latest mortgage rates, broker announcements, personal finance and more about the wider mortgage sector as and when they happen in the Finance section.
LiveMore continues expansion, partners with MAB
The move will make its term interest-only products available to more than 1,600 brokers LiveMore is continuing to expand its...
Proportunity to launch zero-deposit mortgage product
With the deadline for Help to Buy brought forward to October this year, Proportunity aims to capture the $6.12 billion...
Investec Real Estate lent record $1.46bn
The $1.46bn comprised $638.77m of investment finance and $575.38m of development finance, with a slight weighting towards commercial real estate...
More lenders offering fixed deals without fee
The rate gap between fixed deals that carry a product fee and those that do not has narrowed, and that...
Mortgage repayments cost a third of earnings
Mortgages are on their way to being as they were during the great recession of 2008 Mortgages are on their...
Self-employed twice as likely to be rejected for mortgage
Nearly a quarter (23%) of self-employed individuals have had their mortgage application denied in the past compared to just 12%...
Signature Property Finance hits $251m lending target
The business remained working at full capacity throughout the 24 months of pandemic restrictions to ensure brokers and their property...
BTL products rates increasing, shows data
On a monthly basis, the average rate for a two-year fix at all LTVs rose from 3.22% to 3.41%, while...
Homeowner mortgage arrears remained low in Q1 of 2022
Some 75,670 homeowner mortgages were in arrears of 2.5% or more of the outstanding balance at the end of March,...
