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 …

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

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.

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.

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.

Dec 19, 2024 · He added: “The news might trigger some negative responses, particularly among property buyers holding out hope for lower mortgage rates. However, Governor Bailey has strongly indicated that the base rate could be cut by 1% across the next 12 months, which will likely result in a significant surge in buyer demand and market activity in the new year.

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 ...

Jan 3, 2025 · The annual growth rate for mortgage lending rose to 1.3% in November from 1.1% in October, continuing the upward trend since April 2024. The report adds that gross lending increased to £20.7bn in November, from £20.3bn in October, “and little has changed in gross repayments at £18bn in November”.

Aug 1, 2024 · Keystone made the biggest cuts with rates on some deals down by up to 25 basis points. Its reprice included reductions on its summer specials range, as well as on deals for houses in multiple occupation, multi-units, expats and more.

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.