Oct 3, 2024 · Two-year premier fixes, with a £899 fee, at 60% LTV, down by 23bps to 3.96% — minimum loan £5,000, maximum loan £2m; Five-year premier fixes, with a £999 product fee, at 90% LTV, down by 18bps to 4.42% — minimum loan £5,000, maximum loan £570,000

Dec 12, 2024 · Rightmove expects this will continue next year, creating competition among sellers and constraining house price growth. But it says this imbalance will help ensure a higher number of sales complete and it forecasts 1.15 million transactions for the year as a whole.

Dec 5, 2024 · Coreco was founded in 2009 by former Cobalt Capital directors Montlake, Matt Lowndes and Francois Taljaard.. They were soon joined by further former senior colleagues from Cobalt, including Ingall, Rob Gill and Roy Hardy after the original brokerage became a casualty of the financial crisis.

Nov 28, 2024 · While market activity has been improving – the number of new mortgages agreed recently reached its highest level in two years – residential property purchases are down by around a third (33%) compared to 2021, when interest rates were at a record low of 1.3% on average, compared to 4.1% in September this year.

Dec 23, 2024 · The increase in lending will be underpinned by lower interest rates and a rise in demand for remortgaging as affordability pressures ease. In terms of affordability, the average new borrower currently spends around 15.5% of their income on mortgage interest.

Nov 20, 2024 · The company plans to operate under the new name Vida Bank. As a specialist mortgage bank, Vida says its new ability to offer a range of retail deposits will strengthen its funding base and allow it to compete at far greater scale, broadening its customer offerings and providing stronger service for intermediary partners.

Oct 17, 2024 · The Chancellor told a political cabinet meeting (one without civil servants in attendance) on Tuesday, that filling the £22bn black hole left by the previous Conservative administration would only be enough “to keep public services standing still”.

Oct 30, 2024 · She said: “We will put the right policies in place to increase the supply of affordable housing, having heard representations from local authorities, social housing providers and from Shelter, I can today confirm that the government will reduce Right to Buy discounts and local authorities will be able to retain the full receipts from anything so …

Jan 3, 2025 · And the stress of rejection because of these factors is impacting on applicants’ emotional health. For example, a quarter of ‘non-standard’ applicants who have tried to get a mortgage have felt stressed or upset at times during the process – including those who are self-employed, older or divorced. 14% of this group have also felt judged when trying to get a mortgage – rising to ...

Nov 1, 2024 · The lender has announced rate reductions to its Affordable Housing products and end dates extended. Complete by dates have been aligned across all products to 31 October 2025.