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Feature: Holiday let season – Mortgage Strategy

The housing market looks set for a tough 12 months but one segment that appears to be bucking the trend, for now at least, is the holiday-let sector. Brokers report that demand remains strong, particularly from investors who see more opportunity here than with standard buy-to-lets (BTLs). Disruption to overseas ....

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TSB Intermediary pulls resi loans, relaunches 24 hours later   – Mortgage Strategy

TSB Intermediary is withdrawing selected residential and product transfer ranges at 1pm today (7 March), and will relaunch these products at a rate 20 basis points higher tomorrow (8 March).    Brokers were given 25 minutes warning about the move, sparking anger among intermediaries and renewing calls for lenders to ....

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Santander to relax all resi and most BTL affordability rates

Santander for Intermediaries says it will cut all its residential and most buy-to-let affordability rates from tomorrow (14 December).   The unit told brokers in a note: “This means that most of your clients will be able to borrow more than before, while also ensuring we meet our obligations as a responsible ....

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