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Would-be first-time buyer lender OnLadder has closed its doors before formally opening because it was unable to raise enough cash to lend to borrowers. The business, set up as a broker-based deposit lender, launched a website in 2021, and aimed to provide homes for FTBs with 5% deposits. It opened a waiting list ....
On Ladder to close mortgagesolutions.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagesolutions.co.uk Daily Mail and Mail on Sunday newspapers.
The mortgage sector 'mistakenly correlates higher price with customer unfairness' ‒ Star Letter 04/08/2023 mortgagesolutions.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagesolutions.co.uk Daily Mail and Mail on Sunday newspapers.
How fintech companies can help the economy stay afloat freshbusinessthinking.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freshbusinessthinking.com Daily Mail and Mail on Sunday newspapers.
Lenders are currently grabbing “the lowest hanging fruit” in terms of lending on homes that already have EPCs rated C or above, but the main focus going forward should be around getting existing stock up to par and how flexible financing can be provided to do that, according to OnLadder co-founder Cameron Orcutt. ....