All Posts in "Mortgage News" Category

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Are you a self-employed worker?

According to the Office for National Statistics: “Over the last 20 years the number of self-employed workers has risen from 3.3 million to 4.8 million.” ‘This is Money and Mortgage Strategy’ says ‘This is Money and Mortgage Strategy’ has published some press articles recently.They have highlighted the difficulties that self-employed borrowers face when they apply…

Help to buy mortgage range refresh

Newcastle are refreshing their range of help to buy mortgage products, including a range of products to support customers staircasing up to 95% LTV. A five year fixed rate of 2.70% (4.7% APRC) is available at 60% LTV with 10% overpayments per annum and an early repayment charge of 5% until 31st January 2021, 4%…

Metro Bank sells mortgage book worth £521m

Metro Bank has sold off a mortgage book worth £521m to an American hedge fund. The embattled lender announced the sale as part of its financial results for the first half of the year, which showed year-on-year profits dropping from £20.8m to £3.4m. Metro has also announced that its founder, Vernon Hill, will step down…