Canada Life has added two new products to its selection of life mortgage loans, the Lifestyle Select Ultra Lite and the Lifestyle Select Super Lite. On top of that, it made its Lifestyle Select Gold Plus available to borrowers aged 55 to 59 and lowered rates across its range. Ultra Vie Select Lifestyle – standard …

An average homeowner on a Standard Variable Rate (SVR) could save more than £ 5,000 in payments by switching to a new two-year fix, Experian’s analysis shows. The calculation assumes a mortgage of £ 150,000 over 20 years on an SVR of 4.49%, with a monthly repayment of just under £ 950. With a new …

BuildLoan has added two new do-it-yourself and custom-built products with Furness Building Society. to support self-builders in the heart of England North West region of Furness. The new products offer local builders and custom builders in the postcode area of ​​LA in the North West of England a rate 0.3% lower than comparative products in …

The Financial Services Compensation Scheme (FSCS) declared 16 companies in default, including several offering mortgage advice, between October 1 and November 30. As companies have gone out of business and the FSCS believes they are unable to respond to complaints themselves, customers to whom they owe money may be able to obtain compensation through through …

United Trust Bank (UTB) has integrated Hometrack AVM (Automated Valuation Model) research into its relay broker portal. AVM is now available for new rapid transition and standard applications. The service enhancement allows brokers submitting Inquiries and Policy Decisions (Dips) through the Bridge Broker Portal to perform a 24-hour Hometrack AVM search and get an instant …

Sustainable thinking leads to green change Ivan GuerreiroLoans Officer, Newcastle Intermediaries Cop26 ended with countless promises and initiatives promising to bring about the green change we need to preserve our world. In terms of housing, green initiatives have been more difficult to start. These days have been littered with projects that have failed or have …

Tenants live in “dangerous or precarious conditions with limited ability to exercise their rights,” according to a report from the National Audit Office. The government body found that a “worrying proportion” of the 4.4 million privately rented households in England live in poor conditions, in its survey entitled Regulation of Private Renting. It indicates that …

Shutterstock / Pictrider Mortgage brokers are encouraged to improve their knowledge of the equity release market, although they do not intend to provide product advice themselves. Experts in the field say all advisors should have a general understanding of loan options later in life in order to identify clients who might be better suited for …

Mortgage and protection aggregator Pivotal Growth has bought Scottish mortgage broker Lifetime Finance Group for an undisclosed amount. The aggregator says Lifetime Finance Group was founded 25 years ago and is one of the largest mortgage brokers in Scotland, with a particular focus on advising entrepreneurs and independent clients. Pivotal Growth is a joint venture …

Nearly half of homeowners under the age of 40 entered the real estate ladder “much later” than expected, according to new research from the Equity Release Council, which it says highlights a more relaxed attitude to. with respect to debt later in life. The professional body says 45% of young homeowners with a mortgage delayed …