Paragon Bank has announced that it has reduced the price of its limited edition, five-year fixed rate, 5% fee, buy-to-let (BTL) mortgages for the second time in two weeks. The lender has taken a further 15 bps off the price, with rates now starting at 5.6% for the purchase or remortgage of ‘green’ properties with EPC ratings of A-C. Rates now sit at 5.65% for single self-contained properties and 5.85% for HMO and MUBs. The BTL mortgages are available at up to 75% loan-to-value and interest coverage ratios are calculated at the same rates as initial interest rates. Each of the three mortgages includes a free valuation.
Standard Life has appointed Callum Stewart as its new head of investment proposition distribution. Stewart joins from Hyman Robertson, where he most recently worked as head of DC investment, specialising in pension funding and investment. The appointment marks the strengthening of Standard Life’s investment solution team and the company’s focus on sustainable investment solution. Stewart and the team will provide investment solutions’ expertise for Standard Life’s workplace business and will be responsible for taking its investment proposition to market, whilst further developing relationships with clients and advisers across the workplace pension market.
Access Financial Services has announced the completion of its new academy proposition with the introduction of a comprehensive suite of CeMAP courses. The academy, which is led by Peter Phillips, aims to train and develop a new wave or advisers, bolstering the company’s growth strategy. Over the past year, Access FS has experienced remarkable growth, doubling its roster of advisers from 120 to 250. The continued expansion has been attributed to the success of its academy programme, which has attracted new talent to the mortgage and protection industry. The academy now conducts monthly training sessions, with up to 18 participants in each group. The curriculum includes CeMAP levels one, two and three, equipping advisers with essential knowledge and skills for success in the industry.
Latest News
-
House price growth slows to 3% – ONS
-
Inflation remains unchanged at 3.8% in September
-
£8.8bn worth of BTL loans advanced in Q2
-
Quilter reports third successive quarter of £2bn+ inflows
-
IHT receipts total £4.39bn in six months to September
-
Younger advisers more likely to work with new clients, study finds
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories