A new service that allows landlords to extend their lease with a lifetime mortgage was launched today. Lifetime Mortgage Gateway (LMG) is for senior homeowners with a lease term of 75 years or less. The process created by LMG Logistics involves the company paying for a lease extension through a short-term loan, which is then …

Together has doubled the size of a long-standing securitization deal to £ 400million, which will support the specialist credit firm’s unregulated bridging loans. The Cheadle-based company said it has increased the size of its Delta Asset Backed Securitization 2 limited facility (DABS) which has sold to investors from £ 200million to £ 400million. He adds …

There has been a long road to recovery since the 2008 financial crisis and its impact on homeowners has been the driving force behind most of the regulatory developments that have taken place in the UK since. After the crisis, the regulator introduced a new lending framework through the Mortgage Market Review and, while established …

Landbay said it has reduced some rates on its rental mortgage lineup and added new homes to its green loan portfolio. The rental loan platform reduced rates from 0.14% to 0.29%, with its lowest rate now set at 2.65% for a two-year fixed rate at 65% of the loan-to-value ratio, against 2.85%. Product discount highlights …

As inflation hits the headlines for the first time in decades and interest rates rise despite the spread of Omicron, fixed and variable rates remain in the foreground for many mortgage professionals, and what increases in interest rates will mean for customers. Meanwhile, and perhaps under the radar for many, the issue of Energy Performance …

/ DO NOT DISTRIBUTE TO UNITED STATES NEWSWIRE OR BROADCAST SERVICES IN UNITED STATES/ NORTH VANCOUVER, BC, January 4, 2022 / CNW / – Sunstone Opportunity (2007) Realty Trust (the “Trust”) and Sunstone Opportunity (2007) Mortgage Fund (the “Mortgage Fund”) announce the sale of the last remaining property in their original portfolio with the sale …

Everyone outside of the mortgage market assumes it’s boring and boring and maybe even a little stuffy. As we all know on the inside, that couldn’t be further from the truth. I have lived a life at the forefront of change in our industry over the past seven years and know there is still a …

Like most lenders, the majority of the loans we make to our Rental Landlords (BTLs) are for properties that have changed hands at least once. This is hardly surprising because there are more used goods than new ones for sale. But BTL investors are buying new construction. In the past 17 months, 11% of our …

Vikki jefferies Since the modern financial advisory profession has existed, so has the question of whether to become a Directly Authorized Broker (DA) or a Designated Representative (AR). Lisa Martin Regardless of their authorization, brokers play a vital role in guiding and advising clients on some of the most important financial decisions of their lives, …

What is your role at Vida? I am responsible for all relations with intermediaries; through our corporate sales directors who manage our senior relations within clubs and networks, our field sales teams who work with brokers in our regions, our intermediary telephone team and our team of specialists in the service of conditioners and new …