4+ day, 3+ hour ago   (280+ words) Conveyancing distributor conveybuddy has appointed Chris Smith as regional director for London and the South East. Smith will be responsible for developing the firm’s relationships with mortgage advisers and advisory businesses, while providing support to users of the conveybuddy platform....

5+ day, 5+ hour ago   (156+ words) Scottish Building Society has expanded its mortgage lending across mainland UK. The move builds on the society’s existing mortgage offering in Scotland and the North of England. It says the move comes after growing broker demand for lenders willing to…...

1+ week, 6+ day ago   (479+ words) Nearly three quarters (71%) of professional property investors plan to invest in Build to Rent developments, Handelsbanken’s fifth annual Property Investor Report reveals, despite a sharp fall in the number of new BTR homes starting construction. Handelsbanken’s research found almost two…...

1+ week, 6+ day ago   (212+ words) Coventry for intermediaries has increased support for first-time buyers by introducing lending of up to 6.5 times income for eligible customers. The new loan-to-income (LTI) multiples will be available on residential purchases up to 95% loan-to-value (LTV) and require a minimum income…...

1+ week, 6+ day ago   (246+ words) Pepper Money has appointed Michael Walsh as regional development manager ahead of launching first-charge residential and buy-to-let mortgages in Scotland. Walsh has more than 25 years’ experience in the intermediary mortgage market and joins from OSB Group, where he spent more…...

1+ week, 6+ day ago   (179+ words) Mortgage borrowing by individuals fell sharply in July, according to the latest monthly banking statistics from the Bank of England. Net borrowing of mortgage debt fell to £4.3 billion, from £7.7 billion in June. It was also below the previous six-month average…...

2+ week, 6+ day ago   (413+ words) Families living in temporary accommodation or waiting for a council home will be helped by a £39 billion government housing programme. The prime minister Andy Burnham and secretary of state Angela Rayner announced almost £10 billion in funding on 25 August to build…...

2+ week, 6+ day ago   (572+ words) Lending by bridging providers fell by 15% to £173.1m in the second quarter of this year, compared to £199.2m in the first quarter, based on data from some of the biggest lenders and brokers in the sector. The latest Bridging Trends report from…...

3+ week, 5+ hour ago   (484+ words) Average asking prices have fallen across 11 of London’s popular commuter belt towns, while prices have risen in hotspots near Glasgow and Manchester, Rightmove analysis has found. Haywards Heath just south of London was the commuter town with the sharpest fall…...