Stay updated with breaking news from Knowledge Bank. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
With the UK’s biggest house builders concerned about falling demand due to high rates and soaring inflation Darlington Building Society head of intermediary distribution Chris Blewitt says, “whenever you get a period like this, the biggest thing that could come out of it is innovation”. Speaking on this week’s
The speed and scope of criteria changes across mortgage product categories show no sign of slowing down, the latest data from Knowledge Bank reveals. In October, lenders continued to withdraw and re-price products on a daily basis and criteria changes followed a similar pattern. The criteria index shows that in the
Knowledge Bank has appointed Shane Chawatama as sales director to lead the firm’s growth plans. Chawatama joins from Dynamo, formerly known as the Buy to Let Business. At Dynamo, he spent 11 years in mortgage sales, most recently as sales manager. The addition of Chawatama at Knowledge Bank follows a string of
Gross short-term lending by contributors to Bridging Trends data jumped by 20% to an all-time high of £214.7m in the third quarter compared to the previous three months, driven by borrowers keen to keep up property chains. This was the third consecutive quarterly increase in loans and the highest quarterly figure
The availability of 95% loan-to-value mortgage products for first-time buyers (FTBs) are “really important”, Vibe Specialist Finance director Kim McGinley says. Speaking on this week’s Lenders Live panel hosted by Knowledge Bank, McGinley says: “It's a worrying time at the minute, there's a lot of uncertainty but