The Intermediary

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.

1 day 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.

1 day 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.

2 days ago | theintermediary.co.uk | Jessica O'Connor

West Brom Building Society has introduced rate reductions of up to 0.18% across its 90% loan-to-value (LTV) remortgage range, offering improved value to borrowers with a lower level of equity in their homes. Within the society’s 2-year fixed product range, the rate on the £999 fee option has been reduced by 0.12% to 4.69%, while the fee-free option sees a reduction of 0.18% to 4.99%. For borrowers looking for longer-term certainty, 5-year fixed rates have also been reduced.