Gatehouse Bank has announced a series of product and criteria changes on its range of buy-to-let (BTL) purchase plans for UK residents, UK expats and international residents. The firm has launched new reduced two and five-year fixed term BTL products, for those seeking a minimum finance amount of £500,000. An equivalent green home finance option has also been introduced, where customers acquiring or refinancing a property with an EPC rating of A or B qualify for a 0.10% reduction on the standard rental rate.
Precise, part of the OSB Group, has introduced new limited edition products which include rate reductions to help brokers support customers with greater choice and flexibility around affordability challenges. The firm’s residential rates now start from 5.79% with no product fee, helping customers looking to purchase ahead of the stamp duty changes coming into effect in April 2025.
Newcastle for Intermediaries has announced a new range of products to provide brokers with additional options for clients looking to increase their house buying purchasing power. The lender’s “affordability boost” range is available through selected products and offers brokers and their clients enhanced affordability by assessing borrowers more favourably than standard residential five year fixed-rate criteria.
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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.
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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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