Starling Bank moves into mortgages: Digital challenger snaps up buy-to-let lender Fleet for £50m as part of expansion drive Starling Bank has made its first corporate acquisition, buying Fleet Mortgages It is part of the bank’s expansion drive as it targets IPO by 2023 Starling has reassured existing Fleet customers that it won’t change the … Read more
Klarna could cost you a mortgage: Home buyers turned down for loans after using buy now pay later deals By Helena Kelly For The Daily Mail Published: 17:01 EDT, 20 July 2021 | Updated: 17:01 EDT, 20 July 2021 Aspiring homeowners are reportedly being turned down for house loans as they have used buy now … Read more
Lenders are starting to offer so-called ‘green mortgages’ to reward energy-efficient homeowners with cheap rates Virgin Money and Nationwide have launched green-linked schemes for homes By Money Mail Reporter For The Daily Mail Published: 11:43 BST, 3 June 2021 | Updated: 11:43 BST, 3 June 2021 Lenders are beginning to offer so-called ‘green mortgages’ to … Read more
Borrowers with 5 per cent deposits now have more than 100 mortgages to choose from, as the mortgage market bounces back. Over mortgage availability in general is back to 75 per cent of pre-pandemic levels, figures show, with rates as low as 1.27 per cent fixed for five years for those with bigger deposits to put … Read more
HSBC handed out more mortgages in March than any other month in its HISTORY and cuts rates on a number of home loans Bank handed out more mortgages in March than any month in its 40-year history This included providing home loans to more than 3,000 first-time buyers It has also cut rates on several … Read more
Borrowers applying for new 95% mortgages will need ‘squeaky clean’ credit histories, brokers warn By Fiona Parker For The Daily Mail Published: 22:00 BST, 27 April 2021 | Updated: 23:34 BST, 27 April 2021 Borrowers applying for a raft of new 95 per cent mortgages will need ‘squeaky clean’ credit histories, brokers warn. Dozens of … Read more
Homebuyers are increasingly being incentivised to purchase energy efficient properties by some mortgage lenders via cashback offers. Nationwide Building Society has joined NatWest and a number of others in offering cashback and incentives to those buying a property with a high energy efficiency ratings. Nationwide’s ‘green reward’ is offering homebuyers £500 cashback when purchasing a … Read more
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Three in five landlords are now interested in a ‘green’ mortgage – but only four lenders are offering them, and only one on new purchases. A total of 62 per cent of landlords described themselves as ‘interested’ in the loans, which reward them for making their properties more energy efficient, according to research by mortgage … Read more
First-time buyers will be able to get Government-backed mortgages with deposits of just 5 per cent from five major banks and building societies from today. The scheme, which is also open to current homeowners, was first announced in the Budget and will see lenders advance 95 per cent of the purchase price on homes worth … Read more