News in brief - 27 February 2025

Hanley Economic Building Society has enhanced its retirement interest-only (RIO) and 95% LTV residential lending propositions. The two-year RIO mortgage now starts from 5.29% at up to 65% LTV. It comes with a free valuation, no application fee and a £250 arrangement fee that is deducted from the loan on completion. Hanley has also enhanced its higher LTV residential offering by reducing the rate by 0.12% to 5.45% on its fee-free, 95% LTV two-year fixed product. It also come with a free valuation, no application or arrangement fee and £250 cashback.

Fleet Mortgages has made cuts to its range of two-year fixed products. On its standard and limited company two-year fixes at up to 75% LTV with a 3% fee, rates have been cut by 0.30% from 4.39%. Its two-year EPC A-C products have also been reduced by the same amount to 4.29%. The two-year fixed-fee, fixed-rate product for standard and limited company borrowers is currently priced at 4.89%, and has seen its fee reduced to £5,499. On its HMO/MUFB product, the two-year standard fix and EPC A-C product, rates start from 4.59% and 4.49% respectively.

Mortgage Brain has launched its new Saas CRM system, CRM Brain, which is specially designed for mortgage brokers. The system offers a cloud-based solution that simplifies all aspects of mortgage and protection research and recommendation, with the added benefit of direct submissions of decision in principles to several lenders. CRM Brain will sit inside Mortgage Brain Hub, the technology provider’s all-in-one integrated mortgage technology platform.



Share Story:

Recent Stories


FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Please tick here to confirm you are happy to receive third party promotions from carefully selected partners.


Mortgage Advice Bureau and AI in the mortgage sector
Chief executive officer at Mortgage Advice Bureau, Peter Brodnicki, and founder and managing director at Heron Financial, Matt Coulson, joined content editor Dan McGrath to discuss how Mortgage Advice Bureau is using artificial intelligence to make advancements in the mortgage industry, the limitations of this technology and what 2026 will hold for the market

Perenna and the long-term fixed mortgage market
Content editor, Dan McGrath, spoke to head of product, proposition and distribution at Perenna, John Davison, to explore the long-term fixed mortgage market, the role that Perenna plays in this sector and the impact of the recent Autumn Budget

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 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.

Advertisement