- Newbury Building Society has improved its shared ownership mortgage offering by launching a new variable rate product at 2.99%. The product is available for purchases up to 95%. This product comes with a free valuation, has no application fee and also no early repayment charge (ERC). This means there are no up-front costs to pay, and it also gives the buyer the freedom to leave the mortgage whenever they like without being charged an ERC – a bonus for those looking for flexibility.
The mortgage can be used across England and Wales up to a maximum loan value of 95%. This makes the product hugely accessible for a range of purchasers looking for a specific Shared Ownership mortgaging, including new builds, flats and houses.
- Landbay, the specialist buy-to-let mortgage lender, is today announcing that it is extending its lending criteria to now include first time landlords who do not currently own a residential property.
First time buyers will now be able to apply for a buy-to-let mortgage from Landbay if they are employed and earning a minimum income of £85,000.
AI, finfluencers and the future of broking
The mortgage industry is evolving faster than ever. In this MoneyAge video, we examine the opportunities and challenges redefining the broker landscape, from AI-powered lending and changing customer expectations to housing affordability, property supply and the rise of financial influencers. Our guest from Chorley Building Society shares practical insights on what brokers need to do to stay relevant and thrive in a rapidly changing market.
Perenna and the long-term fixed mortgage market
Content editor, Dan McGrath, spoke to head of product, proposition and distribution at Perenna, John Davison, to explore the long-term fixed mortgage market, the role that Perenna plays in this sector and the impact of the recent Autumn Budget
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
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