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The Intermediary is home of the latest breaking news, comment, features and analysis for UK mortgage and finance brokers.
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News
Only 9% of landlords would switch to deposit alternatives if insured schemes were abolished – Zero Deposit
3+ day, 6+ hour ago (349+ words) Only 9% of UK private landlords would move directly to a deposit alternative product if the Government abolished insured tenancy deposit schemes, research from Zero Deposit found. Based on the Government’s estimate of 2.86 million private landlords, this equated to about 266,736 landlords....
Together provides £1.4m bridge to consolidate Devon farmer's debt
3+ day, 6+ hour ago (335+ words) Together has provided a £1.4m bridging loan to a Devon dairy farmer to consolidate six existing loans ahead of his planned retirement. The farmer had taken out the emergency loans in 2023 after a salmonella outbreak among his herd prevented him from…...
More than 8,500 tenanted homes listed for sale, research reveals - The Intermediary - Latest UK mortgage news
4+ day, 3+ hour ago (374+ words) An estimated 8,553 homes are being listed for sale with tenants in situ across England, according to analysis by The Letting Partnership. They accounted for 1.8% of the estimated 470,922 homes listed for sale. Yorkshire and the Humber had the highest proportion of…...
Beverley Building Society backs cattery owner with mixed-use mortgage refinance
4+ day, 3+ hour ago (325+ words) Beverley Building Society has highlighted its mixed-use mortgage proposition after helping the owners of a luxury cattery refinance their home and business through a specialist lending case. The society supported Douglas and his wife, who run a cattery on England’s…...
StreamBank completes £2.61m regulated bridge to support Somerset property acquisition
4+ day, 6+ hour ago (316+ words) StreamBank has completed a £2.61m regulated bridging loan to fund the purchase of a neighbouring residential property in Somerset. The 12-month facility allowed the borrower to complete the purchase without waiting for the sale of a separate property in London. The…...
Coventry Building Society extends valuation partnership with CSS for five years
4+ day, 7+ hour ago (195+ words) Countrywide Surveying Services has renewed its valuation services contract with Coventry Building Society for a further five years, with the agreement also covering Co-op Bank. Countrywide Surveying Services (CSS) has extended its long-standing relationship with Coventry Building Society under a…...
Buckinghamshire Building Society launches 3-year discounted mortgages
5+ day, 6+ hour ago (189+ words) Buckinghamshire Building Society has launched three 3-year discounted mortgage products across its Retirement and Credit Restore ranges. The Retirement 3-year discount is available up to 75% loan-to-value (LTV) at 5.09%, with a £999 product fee. The Credit Restore products are available up to…...
Marsden Building Society enhances expat mortgage criteria
5+ day, 4+ hour ago (213+ words) Marsden Building Society has enhanced its expat mortgage criteria for intermediaries. The society removed the minimum income requirement for expat buy-to-let (BTL) applications and reduced the documents required from employed and self-employed applicants. Self-employed applicants will need one year of…...
88% of brokers report rise in holiday let enquiries
5+ day, 7+ hour ago (438+ words) Nearly nine in 10 mortgage brokers have seen an increase in holiday let enquiries over the past 12 months, according to The Cumberland Building Society’s inaugural Holiday Let Index. Some 88% of mortgage brokers have seen an increase in holiday let mortgage enquiries…...
TSB to increase selected residential mortgage rates by 0.15%
6+ day, 4+ hour ago (11+ words) The Intermediary...