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Echo Finance recruits at pace to support major growth plans – Mortgage Strategy

Mortgage brokerage Echo Finance has announced a recruitment drive to further its ambitious growth and expansion plans. The Yorkshire-based firm has almost doubled the number of brokers on its books since July 2023, growing its team from 19 to 35, and is still actively seeking new advisors. Experienced brokers Lewis

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Intergenerational mortgages would push up house prices and fail to tackle supply issues, brokers say

Intergenerational mortgages would push up house prices and fail to tackle supply issues, brokers say
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.

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Structural differences: Landlords get creative – Mortgage Strategy

Rising interest rates, volatility in swap markets and stretched affordability calculations have created difficulties for landlords looking to buy or remortgage existing properties, an issue not helped by the more restricted range of mortgage deals now available. Earlier this year the Department for Levelling Up,

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Santander protects customers from mortgage hike after Bank of England's rate rise

The Bank of England hiked interest rates on Thursday, adding an average of £612 a year to mortgage payments as lenders increased their standard variable rates (SVRs).

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Second feature: Rise of borrowers with credit blips – Mortgage Strategy

Mortgage brokers are receiving more applications from customers who have experienced credit problems, as the cost-of-living crisis, much higher interest rates and the financial disruption during Covid start to take their toll. “We’ve already seen an increase in the number of borrowers with missed payments and credit

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News Analysis: To fix or not to fix? – Mortgage Strategy

The UK’s 5% interest rate is forcing remortgagers to consider the sort of questions poker players face — whether to take what’s on the table or to play a longer game. Around 800,000 fixed-rate deals are due to end in the second half of this year, according to banking trade body UK Finance, with around 1.6 million

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Good BDMs are 'proactive and knowledgeable' but quality is too varied ‒ analysis

Good BDMs are 'proactive and knowledgeable' but quality is too varied ‒ analysis
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.

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Borrowers picking mortgage products 'with view to binning them later' ‒ analysis

Borrowers picking mortgage products 'with view to binning them later' ‒ analysis
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.

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Santander becomes the latest bank to pull ALL of its mortgage deals for new customers

Santander was forced to suspend rates on new residential and buy-to-let offers today after it was flooded with applications from borrowers desperate to refinance.

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Borrowers face another interest rate rise as officials say more needs to be done to tackle inflation

The high street lender was forced to suspend rates on new residential and buy-to-let offers yesterday after it was flooded with applications from borrowers desperate to refinance.

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