Becky Bellamy
Reporter at Mortgage Strategy Magazine
Reporter at @MortgageStrat and @MFG_Magazine - [email protected]
Articles
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1 day ago |
mortgagestrategy.co.uk | Becky Bellamy |Roger Baird
Housing programmes delivered by Homes England resulted in 36,872 new homes completed in the 12 months to 31 March 2025, a 12% rise compared to the same period the previous year. During the same period, there were 38,308 new houses starting on site, a 5% rise compared to the same period the previous year. Of the new starts on site, 30,087 were for affordable houses, a 0.6% increase on the previous year, and representing 79% of all starts.
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1 day ago |
mortgagestrategy.co.uk | Becky Bellamy
Virgin Money has reduced selected fixed rates by up to 0.23%, with the lowest rate starting from 3.86%. Product transfer selected two- and three-year fixed rates will be reduced by up to 0.23% to start from 3.86% and selected five-year rates will be lowered by 0.14% to start from 3.93%. In addition, selected two-year fixed rates on its remortgage products have been cut by up to 0.22%, starting from 4.28% while selected five-year rates have been lowered by as much as 0.15%, starting from 4.24%.
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1 day ago |
mortgagestrategy.co.uk | Becky Bellamy
Paragon Bank has appointed Eloise Potts and Stephen Harrison as business development managers within its mortgage division to support brokers in the North West and North East of England, respectively. Potts joins Paragon from Aldermore, where she also worked for more than eight years, and before moving into a BDM position, started off as an underwriter. This has helped her to support brokers with first-hand experience of what lenders are looking for when writing business.
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1 day ago |
mortgagestrategy.co.uk | David Burrows |Becky Bellamy
London Credit has confirmed rate reductions across its product range, including cuts of up to 60 basis points (bps) on commercial and semi-commercial bridging loans. Residential bridging rates have also been reduced by up to 24bps.
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1 day ago |
mortgagestrategy.co.uk | Becky Bellamy
Fleet Mortgages has made changes to its lending criteria for limited company borrowers, with an overhaul of its policy on lending to special purpose vehicles (SPVs). The criteria changes mean Fleet Mortgages can now support more layered ownership models and corporate configurations. It has updated its criteria to accept more of the real-life company structures brokers and their clients present each day.
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