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Nationwide improves LTI limit for self-employed borrowers

Nationwide has increased the loan to income (LTI) limit for self-employed mortgage borrowers to 4.49 times income.

Mortgage-broker-tools ,

Majority of brokers say mortgage affordability is more complex

Majority of brokers say mortgage affordability is more complex
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.

Rita-kohli , Benjamin-blyth , Tanya-toumadj , Office-for-national-statistics , Mortgage-broker-tools , Mortgage-stop , Houz-mortgages , National-statistics ,

MBT study shows 94% of brokers think affordability now more complex – Mortgage Strategy

A huge majority of brokers (94%) say affordability has become even more complex in the last 12 months, according to new research from Mortgage Broker Tools (MBT). The figure (of 63 brokers surveyed) represents a significant increase from the 86% of brokers who said affordability had become more complex when MBT

Tanya-toumadj , Mortgage-broker-tools , Broker-tools , Mortgage-affordability , Loan-to-value ,

Affordability platforms encourage brokers to consider more lenders

Mortgage brokers are now considering more lenders for their clients because of their use of affordability platforms.

Tanya-toumadj , Mortgage-broker-tools ,

Affordability concerns driving growth in technology – Dewey

In the aftermath of the ill-fated Truss/Kwarteng mini Budget, the UK’s reputation suffered a bit of a battering, prompting a domestic financial crisis, political turmoil and soaring mortgage costs for millions of borrowers.

United-kingdom , Neil-wyatt , Tanya-toumadj , Jodie-white , Mortgage-services , Office-for-national-statistics , National-statistics , Mortgage-lender-benchmark , Mortgage-broker-tools , Affordability-report , Mortgage-brain , General-mortgage-services

Lenders to pilot MBT's new mortgage modelling software – Mortgage Strategy

Five lenders will be piloting new predictive mortgage modelling software from Mortgage Broker Tools which will help them take a ‘smarter, more data-driven approach to product development’. The software, called MBT Sandbox, is designed to enable lenders to best build, price and deliver improved mortgage propositions.

Tanya-toumadj , Mortgage-broker-tools , Broker-tools , Consumer-duty ,

Lenders pilot 'predictive' mortgage software with MBT sandbox

Lenders pilot 'predictive' mortgage software with MBT sandbox
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.

Tanya-toumadj , Mortgage-broker-tools ,

Mortgage strategy: UK latest mortgage news

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Kwasi-kwarteng , Mortgage-broker-tools , Chancellor-kwasi-kwarteng , Mortgage , Mortgages , Mortgage-news , Mortgage-industry , Mortgage-analysis , Mortgage-market , Brokers , Mortgage-brokers

Self-employed saw unaffordable loans jump after mini-Budget: MBT   – Mortgage Strategy

Mortgage enquiries from self-employed applicants who failed to find an affordable loan jumped by almost a third following last September mini-Budget, data from Mortgage Broker Tools shows.   The criteria platform says that prior to the tax-cutting fiscal event by former Chancellor Kwasi Kwarteng, 28% of mortgage

United-kingdom , Tanya-toumadj , Kwasi-kwarteng , Mortgage-broker-tools , Chancellor-kwasi-kwarteng , Chancellor-jeremey-hunt , Autumn-statement , Broker-tools ,

Mortgage strategy: UK latest mortgage news

Mortgage strategy: UK latest mortgage news
mortgagestrategy.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagestrategy.co.uk Daily Mail and Mail on Sunday newspapers.

Kwasi-kwarteng , Mortgage-broker-tools , Chancellor-kwasi-kwarteng ,