The Bank of England has published its monthly Money and Credit report mortgage application approvals. The number of mortgage application approvals rose again in September to its highest figure since September 2007, according to the report. The previous month’s report already revealed a similar record, with 85,500 approvals in August. The number again rose to…
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The FCA has set out new proposals to enhance support for mortgage borrowers affected by Covid-19. The regulator sets out new proposals due to increasing restrictions announced in recent weeks. The FCA is planning to extend the availability of payment deferrals to support borrowers experiencing payment difficulties. This will mean that those who: have not…
Newcastle Intermediaries has extended its joint mortgage sole proprietor(JMSP) product. They have refreshed its Joint Mortgage Sole Proprietor range to include a five year fixed rate product. The product allows family members to help relative to own their home by allowing them to jointly apply for a mortgage to boost the occupying borrower’s income. Newcastle…
Newcastle Intermediaries has recently launched a range of 85% LTV mortgages. The deals have rates which start at 2.85% and there are no product fees on selected products. The products in the range are available to first-time buyers, home movers and remortgage customers. A two-year fix at 2.85% (5.3% APRC) is available at a max…