Ryan Fowler

1 day ago | theintermediary.co.uk | Ryan Fowler

Newcastle for Intermediaries has expanded its Shared Ownership proposition to include a panel of registered For-Profit Shared Ownership providers, reflecting growing demand in this segment of the market. The lender first launched its Shared Ownership products in 2022, offering support for first-time buyers and others with limited affordability.

2 days ago | theintermediary.co.uk | Ryan Fowler

Fintech provider Nivo has been named as the National Association of Commercial Finance Brokers’ (NACFB) official AI Partner, offering members access to a new automation platform designed to reduce the administrative burden involved in loan origination. Nivo has supported over 100 lenders and one million borrowers, and is now offering specialist finance professionals an AI solution tailored for the sector.

2 days ago | theintermediary.co.uk | Ryan Fowler

Darlington Building Society has launched a new suite of 5-year fixed-rate products under the Own New Rate Reducer scheme, offering up to 95% LTV on new-build homes across the UK, excluding London. The range is open to first-time buyers, skilled workers and those on spousal or skilled worker visas. The products have been developed in partnership with Own New, a platform that supports access to new-build housing through lender collaboration.

2 days ago | theintermediary.co.uk | Ryan Fowler

LiveMore has announced an increase in loan to value (LTV) limits across its lifetime mortgage product range, building on the success of its 2025 launch. The changes will take effect from 9:00am on Friday 6th June and apply to its Standard, 5-Year ERC and 6 Month Offer (Purchase) lifetime products. The revised LTVs include an increase from 49.75% to 51.00% for customers aged 80, from 39.25% to 41.00% at age 70, and from 22.25% to 24.00% at age 55.

3 days ago | theintermediary.co.uk | Ryan Fowler

Mortgage market activity continued to strengthen in May, with adviser platform Twenty7tec reporting a 12.3% increase in total mortgage searches compared to April. The firm also recorded a new high in live product availability, with more than 25,000 options accessible via its platform. Year-on-year, total searches rose 6%, with remortgage activity standing out as a key driver, up 23.1% from May 2024.