Co-operative Bank has warned brokers that current rates will be withdrawn at 5pm tomorrow to make way for price increases of up to 41 basis points. The lender is also trimming rates on some of its deals. In an email to advisers it says that… The post Co-op to raise rates by up to 41 bps appeared first on Mortgage Finance Gazette ..read more

Average house prices in Scotland have edged up by 0.4% annually to £220,736 in February, according to the latest index from Walker Fraser Steele and Acadata. But the change marks a slight decline of 0.2% compared to £221,130 in January. Of all Scottish regions, Inverclyde… The post Scottish house prices edge up: Walker Fraser Steele appeared first on Mortgage Finance Gazette ..read more

Buy to Let by Foundation has launched a group of landlord remortgage products.   The BTL arm of Foundation Home Loans says its ‘pound-for-pound’ remortgages include new two-year fixed-rate deals for landlord borrowers who do not require any additional funds, with options in its F1… The post Foundation Home Loans intros landlord remortgage range   appeared first on Mortgage Finance Gazette ..read more

By Legal & General Mortgage Services managing director Kevin Roberts  The recent Easter break has been an excellent opportunity to take a step back and look at where our market stands after the first three months of 2024.   At the end of last year, we… The post Blog: The fundamentals are there for a more positive 2024  appeared first on Mortgage Finance Gazette ..read more

Foxtons first quarter revenue lifted 9% to £35.7m from a year ago, driven by growth from house sales and lettings.   The London-focused estate agent says sales from lettings are up 5% to £24m following two portfolio acquisitions last year, according to a trading statement.… The post Foxtons raises Q1 sales 9% as lettings and house sales lift appeared first on Mortgage Finance Gazette ..read more

Atom has launched a number of near-prime products and cut rates on others by up to 30 basis points. The lender has today cut near-prime two-year fixed rates by between 10 and 30 basis points and five-year fixes by between 15 and 30 bps. As… The post Atom adds near prime deals and cuts rates by up to 30 bps appeared first on Mortgage Finance Gazette ..read more

Later life lender LiveMore has appointed three new heads of department across finance, compliance and marketing. Eduard Akopian joins as head of finance from Pepper Money where he was interim head of finance. Carly Chandler has been promoted from compliance manager to head of compliance… The post LiveMore appoints three new department heads appeared first on Mortgage Finance Gazette ..read more

Coventry for Intermediaries is to start paying procuration fees on all further advances. The lender will make the payments on all completed residential and buy-to-let loans. Fees will be paid at brokers’ usual new business rate. The additional borrowing can be taken on any new… The post Coventry to pay proc fees on further advances appeared first on Mortgage Finance Gazette ..read more

Pepper Money has hired Claire Blunt as an extra business development manager for the North of England to boost its second charge sales team. Blunt joins from Lendle.co.uk where she was a senior mortgage adviser and has more than 21 years’ experience in banking and… The post Pepper boosts second charge team with extra BDM appeared first on Mortgage Finance Gazette ..read more

Market Harborough Building Society has appointed Stacey-Leigh Wood as its national account manager.   The mutual says the industry veteran will focus on “building even stronger relationships with mortgage club and network partners”.     Wood joins from Vida, where she was also a national account… The post Market Harborough BS appoints Wood as national account manager   appeared first on Mortgage Finance Gazette ..read more