Smartr365 today announces that, through its lender partnerships, it now covers more than half of the UK mortgage market by volume, with an expected rise to 62% in the first quarter of 2023. The adoption of technology in the mortgage market has been steadily increasing over the last five years, before which appetite for lender […]
Castle Trust Bank has revamped its bridging range, introducing a number of new enhancements including the ability for fees and interest to be added to the loan above the maximum Net LTVs. The specialist bank has improved the criteria on its Light Refurb and Heavy Refurb Bridge products to include Net LTV calculations, meaning that […]
Hodge has introduced two short-term fixed rates on its Specialised Residential Investment (SRI) finance product along with a new 5-year fixed rate of 6.25%, as well as introducing a longer term variable rate option. After taking feedback from clients and brokers, who said in the current climate there was an appetite for shorter fixed term […]
finova Payment and Mortgage Services today announces its partnership with specialist mortgage packager, Manor Mortgages, expanding the range of lending options available to its directly authorised broker network. Manor Mortgages processes challenging mortgage applications on behalf of brokers, sourcing and submitting these to specialist lenders. The partnership will help finova’s brokers place and process complex […]
Following a successful pilot, Nationwide, the world’s largest building society, has today announced an API integration with Smartr365, the UK’s leading end-to-end mortgage platform. The integration of Nationwide’s API solution with the Smartr365 platform means intermediaries can submit customer Decision in Principle (DIP) applications without needing to rekey data in the Nationwide portal. Integration should […]
More than 100 guests gathered at Trinity College Oxford earlier this week for the launch of a new research report by Savills on Oxford’s future prospects as a global city. Hosted by Savills Oxford, and attended by real estate owners and professionals from across the county, the seminar was a launchpad for Oxford: a global competitor – […]
Specialist lending firm Somo Bridging’s one day-only Black Friday 2022 event, which gave borrowers a massive 90% refund on valuation costs, resulted in its busiest day of the year and led to four times more deals being locked in over the 24-hour event. Somo’s famous Black Friday event was specifically designed to give back to […]
The number of office lettings to complete in Glasgow in the first three quarters of 2022 reached 84, according to the latest research from Savills, which represents the greatest number of deals seen at this point of the year since Savills records began in 2013. The next best year was 2019, which recorded 82 deals […]
Tuscan Capital, the short-term property finance specialist, has announced that its Fast Track process, introduced in July 2022, has brought major improvements to its turnaround and completion times, as well as significantly increasing loan enquiry and conversion figures. Fast Track allows an AVM to be used as an alternative to a RICS property valuation and […]
Fleet Mortgages, the buy-to-let specialist lender, has today announced further rate cuts across its entire fixed-rate mortgage range for both 65% and 75% LTV. From today, advisers can access the new pricing, which has seen reductions of 20 basis points across the board. Rates now start at 5.49% for 65% LTV five-year fixes – available […]
