News in brief - 17 January 2025

conveybuddy has announced that over 1,000 brokers have now registered with its platform since its official launch in September 2024. The firm said that this growth highlight the “success of its transparent, cost-effective approach to conveyancing”. Since the launch, conveybuddy has made progress in the conveyancing space, including the launch of its flagship broker portal in September. The firm also partnered with The Moving Portal to add survey products to its platform, offering an all-in-one solution for their clients.

The Cambridge Building Society has enhanced its mortgage proposition, with customers who do not have permanent rights to reside in the UK now being able to apply for a mortgage at up to 90% LTV, including shared ownership. Those with a skilled worker visa, a global talent visa and a care worker visa can now apply for these mortgage products. In order to qualify, applicants must have lived in England and Wales for at least two years. For joint applications, where one applicant holds permanent residency, the LTV increases to 95% LTV.

Santander has made a range of changes across its business and transfer ranges. On the lender’s business range, selected fixed rate purchase and remortgage rates have been cut by up to 0.29%, with standard residential fixed rates across purchase, remortgage and green ranges increasing by up to 0.34%. On Santander’s buy-to-let range, rates on its business and product transfer fixed rates, including green products, have been increased by up to 0.20%. For product transfers, selected residential rates will reduce by up to 0.15%, with other residential fixed rates increasing by up to 0.18%.



Share Story:

Recent Stories


FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Please tick here to confirm you are happy to receive third party promotions from carefully selected partners.


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.