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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
Atelier provides £19.9m development loan for 57 Devon homes
3+ day, 16+ min ago (268+ words) Atelier has completed a £19.9m peak debt development facility, funding the construction of 57 new homes near Westward Ho!, north Devon. The loan, structured over a 36-month term, will enable the development of 48 homes for private sale, as well as nine affordable…...
Shawbrook Financial Sponsors lending exceeds £250m in H1 - The Intermediary - Latest UK mortgage news
3+ day, 2+ hour ago (180+ words) The performance took the bank's Financial Sponsors lending book above £1bn. Shawbrook’s Financial Sponsors team has deployed over £250m of incremental lending this year, marking its strongest first-half lending performance to date. The performance took the bank’s Financial Sponsors lending book above…...
Together provides £1.4m bridge to consolidate Devon farmer's debt
3+ day, 2+ 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…...
Nationwide increases selected fixed mortgage rates
3+ day, 19+ hour ago (141+ words) Effective from tomorrow, 10th September, the changes will apply to a number of 2-, 3- and 5-year fixed-rate products. Nationwide Building Society will increase selected mortgage rates across its new business and existing member ranges from tomorrow, 10th September. They will affect new and…...
Beverley Building Society backs cattery owner with mixed-use mortgage refinance
3+ day, 23+ 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…...
Scottish Building Society expands mortgage lending to across England and Wales
3+ day, 23+ hour ago (241+ words) Brokers in England and Wales now have access to its standard and specialist products. Scottish Building Society has expanded its mortgage lending, giving brokers in England and Wales access to its standard and specialist products. The move extends its existing…...
StreamBank completes £2.61m regulated bridge to support Somerset property acquisition
4+ day, 1+ 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, 3+ 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, 2+ 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, 23+ min 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…...