London

The housing market is showing signs of improvement, and one of the most encouraging indicators is the increasing percentage of first-time buyers who are able to make mortgage payments that amount to 40% or more of their income. Hilltop Credit Partners, a leading provider of residential mortgage loans, recently reported that this percentage has grown to 40%, up from just 30% in the past. This is great news for first-time buyers, as it indicates that they are increasingly able to afford a home. This is likely due to a combination of factors, including increased availability of mortgage products, lower interest rates, and more lenient lending standards. The increased ability to make mortgage payments is also a positive sign for the overall housing market. It suggests that more people are able...

The UK mortgage market has seen a major shift in recent years, with the emergence of Bluestone Mortgage as a major player. The company has recently announced that it will cease buy-to-let lending in order to focus on residential mortgages. This move is seen as a sign of the changing times in the mortgage market, as more lenders are turning away from buy-to-let lending and towards residential mortgages.Bluestone Mortgage is a relatively new lender in the UK mortgage market, having been established in 2018. The company has quickly become a major player, offering competitive rates and a wide range of products. However, the company has now announced that it will no longer offer buy-to-let mortgages, instead focusing on residential mortgages. This move is seen as a sign of the changing times in...

Recent poll results have revealed a concerning lack of green product innovation among brokers in the last year. The poll, conducted by the National Association of Brokers, surveyed over 500 brokers from across the country and found that only 15% of them had invested in green products in the last 12 months. This is a startlingly low figure, considering the importance of green products in the current economic landscape. Green products are those that are designed to reduce environmental impact and are often seen as a key component of sustainability initiatives. They can range from renewable energy sources such as solar and wind power, to energy-efficient appliances, to eco-friendly packaging materials. By investing in green products, brokers can help their clients reduce their carbon footprin...

The mortgage sector has recently come under fire for its practices of correlating higher prices with unfairness to customers. This has caused a great deal of concern among consumers, as it appears that lenders are taking advantage of those who are already struggling financially. The issue is that lenders are charging higher prices for mortgages to those who are considered to be at risk of defaulting on their loan. This means that those who are already struggling financially are being charged more for their mortgages than those who have a better credit score and financial history. This has been criticized as being unfair, as it is seen as taking advantage of those who are already in a vulnerable position. The problem is that lenders are using this practice to make more money, as they are ab...

UnderwriteMe and The Exeter have recently announced the launch of a new claims system that is set to revolutionize the way insurance companies handle claims. This new system is designed to provide customers with a more efficient and streamlined claims process, while also providing insurers with more accurate and timely data. UnderwriteMe is a leading provider of insurance technology solutions and services. The company has developed a comprehensive platform that enables insurers to automate their claims processes and improve customer experience. The Exeter is an independent insurance company that provides a wide range of insurance products and services to customers in the United Kingdom. The new claims system is designed to provide customers with a more efficient and streamlined claims proc...

In recent years, lenders have been encouraging borrowers to use mortgage charter measures as a last resort when facing financial hardship. This is because these measures can help borrowers avoid foreclosure and keep their homes. Mortgage charter measures are designed to provide relief to homeowners who are struggling to make their mortgage payments due to a financial hardship. These measures can include loan modifications, forbearance agreements, and other forms of assistance. Loan modifications are one of the most common mortgage charter measures. This type of measure allows borrowers to reduce their monthly payments by extending the term of the loan or reducing the interest rate. Forbearance agreements are another type of measure that allow borrowers to temporarily suspend their mortgage...