16+ hour, 42+ min ago   (250+ words) Residential remortgage searches rose 11% year on year in August, but overall mortgage search activity slowed during the summer, according to the latest Twenty7tec Mortgage Market Snapshot. It found that 1,556,758 mortgage searches were completed in August, down 13% compared with July but up…...

5+ day, 18+ hour ago   (196+ words) Marsden Building Society has changed its expat buy-to-let mortgage criteria, to streamline the application process for intermediaries. The simplifications include removing the minimum income requirement, reducing documentation requirements for employed and self-employed applicants – for example, self-employed applicants now only require…...

1+ week, 16+ hour ago   (372+ words) Landlords are seeing nearly £90,000 a year in gross rental income from the average UK landlord portfolio, up annually by nearly £16,500 according to Rushbrook. It estimates that the average landlord currently owns 7.3 properties with a combined estimated value of £1.7m. Both the…...

1+ week, 5+ day ago   (368+ words) Newcastle for Intermediaries has extended its Affordability Boost proposition to new-build purchase applications up to 95% LTV. The feature allows customers who select a qualifying longer-term fixed-rate mortgage to benefit from an affordability assessment aligned with the product’s longer-term payment certainty,…...

2+ week, 5+ day ago   (203+ words) Nearly nine in ten (88%) brokers have seen an increase in holiday let enquiries in the last 12 months. It comes as investors look to the higher yields of holiday lets compared with standard buy-to-let properties and seek to avoid the regulatory…...