Breaking News: Mortgage Market Updates and Industry Insights

Explore the latest developments in the mortgage market, from rate cuts to product expansions and industry insights. Stay informed with MortgageWatch.
Breaking News: Mortgage Market Updates and Industry Insights

Santander Cuts Fixed Rate Mortgage Deals

Santander has taken the mortgage market by storm with its recent decision to slash selected fixed-rate mortgage deals. This move has garnered significant attention and is poised to impact both current and prospective homeowners.

Keystone Reduces Buy-to-Let Mortgage Rates

In another development, Keystone has announced a reduction in its 5-year buy-to-let mortgage rates. This adjustment comes at a time when the buy-to-let sector is experiencing notable shifts, offering investors new opportunities.

HSBC Launches Energy Efficient Homes Range

HSBC has made waves in the mortgage industry by adjusting its rates and introducing the Energy Efficient Homes range. This initiative aligns with the growing emphasis on sustainability and eco-friendly housing solutions.

Paragon Expands Buy-to-Let Mortgage Range

Paragon’s expansion of its buy-to-let mortgage range with the launch of 5-year fixes signals a strategic move to cater to the evolving needs of landlords and property investors. This expansion is expected to enhance options for those seeking long-term financing solutions.

Shawbrook Increases Maximum Loan Size

Shawbrook has raised the maximum loan size to £35m, providing borrowers with greater flexibility and access to larger financing options. This adjustment reflects Shawbrook’s commitment to meeting the diverse financial requirements of its clients.

Foundation Home Loans Introduces Multiple Properties Under One Title Product

Foundation Home Loans has introduced a new product that allows individuals to manage multiple properties under a single title. This innovative offering is designed to streamline the management of property portfolios and simplify the borrowing process.

more2life Enhances High LTV Product Range

more2life’s enhancement of its high LTV product range underscores the company’s dedication to providing tailored solutions for later life lending. These enhancements aim to address the evolving needs of older homeowners seeking financial flexibility.

Guardian Reports Record Uptake of Beneficiary Nomination Tool

Guardian has reported a surge in the adoption of its beneficiary nomination tool, Payout Planner. This tool has gained popularity among individuals seeking to secure their financial legacies and ensure efficient wealth distribution.

Global Equity Release Market Forecast

The global equity release market is projected to reach $50bn by 2033, indicating substantial growth and opportunities in the equity release sector. This forecast highlights the increasing demand for equity release products worldwide.

Just Mortgages and Just Wealth Achieve Milestone Referrals

Just Mortgages and Just Wealth have surpassed 750 referrals through their new portal, showcasing the effectiveness of their referral system and the trust placed in their services by clients.

Later Life Lending Network Hosts Round-Table Workshop

The Later Life Lending Network has organized a round-table workshop to facilitate discussions on key issues and trends in the later life lending sector. This collaborative event aims to drive innovation and best practices within the industry.

Interviews with Industry Leaders

Edward Blackmore, Suros Capital

Mat Rees, Beneficial Network

Jade Keval, Somo

These insightful interviews provide valuable perspectives from industry leaders on the current landscape of mortgage finance and the future outlook for the sector.

Later Life Lending Awards 2022

Stay tuned for updates on the prestigious Later Life Lending Awards 2022, where industry excellence and innovation will be celebrated.