Malcolm Davidson

1 day ago | mortgagestrategy.co.uk | Roger Baird |Malcolm Davidson

LiveMore has lifted the loan-to-value ratios of its lifetime products by up to 1.75%. The equity release lender says that, for example, for customers aged 80 the LTV has increased to 51% from 49.75%. At age 70, it has increased to 41% LTV from 39.25% and at age 55, to 24% LTV from 22.25%.

1 week ago | mortgagestrategy.co.uk | Kimberley Dondo |Malcolm Davidson

Mortgage Strategy’s Top 10 Stories of the WeekThis week’s standout stories include the FCA’s plans to update thousands of directions affecting over 9,000 firms, and a warning from CTM that nearly half a million homeowners could face a rise in monthly mortgage payments in 2025. Discover these and other key developments below.

1 week ago | mortgagestrategy.co.uk | Roger Baird |Malcolm Davidson

A US trade court has ruled that President Donald Trump’s tariffs are illegal, but Goldman Sachs says this “setback” may do little to alter the ultimate course of America’s trade policy. A three-judge panel at the New York-based court of international trade said last night that the move “exceeded any authority granted to the President”. It added: “The court does not pass upon the wisdom or likely effectiveness of the president’s use of tariffs as leverage.

1 week ago | mortgagestrategy.co.uk | Roger Baird |Malcolm Davidson

The former chief operating officer at Equity Release Council, Donna Francis, has joined the Equity Release Group as a non-executive director. The later life broker says Francis (pictured) will focus on “broadening the scope of accessibility in using property wealth as a catalyst for financial planning requirements, while helping to lift standards across the industry”.

1 week ago | mortgagestrategy.co.uk | Roger Baird |Malcolm Davidson

The Equity Release Council has added property valuations firm PriceHubble as an associate member.   The data insights firm collects a range of information in the mortgage market — including energy performance, climate risk and cladding statistics — in order to streamline underwriting. The company has a presence in 11 countries, including France, Germany, Japan, the US as well as the UK.