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Latest Articles
AD Mortgage debuts policy arm, targets condo rule change
1+ day, 11+ hour ago (427+ words) AD Mortgage is launching a new policy arm, with its first initiative aimed at upcoming US Federal Housing condo changes involving the elimination of limited reviews. The wholesale lender sent a letter to the FHFA explaining the importance of the…...
State-level consultation held on Money Lenders Act 2025
1+ day, 22+ hour ago (307+ words) NSCW, in collaboration with the Social Welfare department, held a state-level consultation in Kohima to review the Nagaland Money Lenders Act, 2005. DIMAPUR — The Nagaland State Commission for Women (NSCW), in collaboration with the Social Welfare department, Government of Nagaland, and…...
Clydesdale cuts PT rates; Principality BS makes cuts and increases – round-up
2+ day, 3+ hour ago (343+ words) The latest additions to its product transfer offering include two- and five-year fixed rates at 65% and 75% loan to value (LTV), with a £1,999 fee. Rates start from 4.27% for a two-year fix at 65% LTV, while the 75% LTV option is priced at 4.42%. Elsewhere,…...
Propp adds Admiral to second charge lender panel
2+ day, 2+ hour ago (177+ words) Peter Williams said: “Admiral is a name people know and trust, and their homeowner loan proposition complements our existing panel brilliantly.” Propp has added Admiral to its second charge lender panel, giving brokers access to another household name when sourcing…...
NatWest joins wave of mortgage rate hikes amid renewed uncertainty
2+ day, 7+ hour ago (374+ words) Borrowers are urged to act quickly as further rises are expected to follow in the coming days NatWest has increased its mortgage rates by up to 27 basis points, making it the latest major lender to announce a rise amid renewed…...
John McDonald joins New Tripoli lenders
2+ day, 10+ hour ago (250+ words) Lehigh Valley Press John McDonald joins New Tripoli lenders New Tripoli Bank announces the addition of John McDonald to its commercial lending team. McDonald is a certified public accountant and has a Bachelor of Science in business administration from East…...
Crest Nicholson sinks to £35m first half loss as talks with lenders continue
3+ day, 2+ hour ago (399+ words) Housebuilder slows site starts and reduces land buying, warning full year profit will be at lower end of previous guidance Housebuilder Crest Nicholson racked up a £35m half-year loss it said today, adding that it remains in negotiations with lenders over…...
Virgin Money increases fixed mortgage rates across core product range
3+ day, 15+ hour ago (183+ words) The lender has confirmed that a number of fixed-rate products will become more expensive, with increases affecting two-year, five-year and 10-year deals for both purchase and remortgage customers. Shared Ownership products are also included in the latest repricing. For purchase…...
Molo hires French as COO
3+ day, 3+ hour ago (267+ words) Molo has appointed Lynne French chief operations officer (COO). French brings operational expertise across the mortgage sector. Most recently, she served as director of secured lending operations at Chetwood Bank where she oversaw both of the bank’s lending brands – CHL…...
Crest Nicholson sinks to loss amid ‘challenging’ housing market
2+ day, 20+ hour ago (470+ words) Crest Nicholson has revealed it swung to a loss as it warned that the housing market remained under pressure from slower activity and weaker consumer confidence. The housebuilder reported a pre-tax loss of £35.2 million for the six months to the…...