interest-only mortgages

The Dudley launches specialist buy-to-let product

The Dudley Building Society (DBS) has launched a buy-to-let product aimed at a particular niche...

The Beverley cuts interest-only rates

The Beverley Building Society has reduced the rates on its interest-only mortgages by up to...

Interest-only still playing important role post-MMR

Interest-only mortgages comprised 20% of new business introduced in Q2 2019, down from a...

RIO not a magic bullet for majority of interest-only borrowers

Royal London has calculated that the majority of interest-only borrowers looking to move to a...

The Saffron joins SimplyBiz Mortgages panel

The Saffron Building Society has joined the SimplyBiz Mortgages lender panel. The move means that SimplyBiz...

The Hanley Economic extends RIO range into Scotland

The Hanley Economic Building Society has extended its range of retirement interest-only (RIO) mortgages...

Spicerhaart Corporate Sales partners with Responsible Life

Asset management firm Spicerhaart Corporate Sales has announced Responsible Life as its refinance partner...

Sharp fall in number of interest-only mortgages

UK Finance has reported that the number of interest-only mortgages fell by 13.1% in 2018...

The Vernon joins L&G Mortgage Club panel

The Vernon Building Society has joined up with Legal & General Mortgage Club to...

L&G Mortgage Club offers RIO exclusive from H&R

The Hinckley & Rugby Building Society has launched a Retirement Interest Only (RIO) mortgage...

Interest-only resolution for lenders and customers launches

Asset management specialists Spicerhaart Corporate Sales have teamed up with fact-finding firm Excel and...

Extent of interest-only mortgage crisis revealed

New research by Kensington Mortgages has revealed that by January 2024, approximately 250,000 Britons...

The Mansfield increases RIO maximum LTV

The Mansfield Building Society has raised the maximum LTV available to borrowers aged over...

The Nottingham unveils RIO mortgages

The Nottingham Building Society has added three Retirement Interest Only (RIO) mortgages to its...

COMMENT

Commonhold and RTM: do not mistake control for simplicity

Commonhold is presented as a fairer form of flat ownership. Right to Manage (RTM) is sometimes portrayed as a quick way for residents to...

No holidays: advice firms need a plan for a busy August

Every summer, the same quiet risk runs through the intermediary market. Advisers, case managers and administrators go on holiday. Specialist lending cases, which have...

Every rate shock is becoming a test of the modern mortgage business

Halifax, Barclays and HSBC increased selected mortgage rates by up to 0.20% this week, effective 21 July. Halifax removed its sub-4% deals entirely. Barclays'...

Your next client is probably more complicated than your last one

There's a shift happening in the mortgage market that most small firms aren't ready for. It's not about rates. It's not about the political...

Why post-contract variation is becoming the mortgage market’s next battleground

For much of the past decade, mortgage technology investment has focused on origination and with good reason. Faster decisions in principle, automated affordability assessments,...

Latest news

Beverley enhances SIPP income assessment

Beverley Building Society has introduced a tiered approach to assessing income from self-invested personal...

Commonhold and RTM: do not mistake control for simplicity

Commonhold is presented as a fairer form of flat ownership. Right to Manage (RTM)...

Conveyancing costs hold at 0.53% of house prices

Conveyancing costs remained unchanged as a proportion of UK house prices during the year...

No holidays: advice firms need a plan for a busy August

Every summer, the same quiet risk runs through the intermediary market. Advisers, case managers...

PROFILES