Dudley Building Society has launched a new mortgage product linked to the Home Ownership for People with Long-Term Disabilities (HOLD) scheme. This new product is an exclusive with MySafeHome, an adviser for HOLD mortgages. The HOLD scheme supports borrowers with long-term disabilities to get onto the housing ladder, facilitating their need for an independent living situation that is “safe, secure, and sustainable”. The society has had a relationship with MySafeHome for several years and has already provided help to many individuals with long-term disabilities.
Hampshire Trust Bank (HTB) has made several changes to its holiday let proposition, in a move to highlight its appetite in this area of specialist buy-to-let (BTL) lending. The bank has increased three of its limits relating to short-term let properties. HTB’s maximum number of short-term lets allowed in a single portfolio is now 10, increased from 4.The maximum loan amount on a single short-term unit is now £1.5m, which is up from £1m, while the maximum exposure to short-term lets in a portfolio is now £5m, increased from £2m. These changes take place with immediate effect, HTB confirmed.
Crystal Specialist Finance has announced the appointment of Jodie Worswick as a new business development manager (BDM). Worswick joins from Santander where she was also a BDM, supporting more than 250 brokers across the UK. Crystal Specialist Finance works with IFAs, financial intermediaries and the professional service sectors across the country with access to over 100 lenders, including exclusive product lines and lenders who have extremely limited distribution.
Recognise Bank has agreed a £2.6m refinance package for a 35-unit mixed residential development in Carlisle. The development consists of 15 two-storey three-bedroomed townhouses, 15 two-bedroomed apartments and five one-bedroomed apartments. Recognise provided a five-year fixed interest only professional buy-to-let loan at 75% LTV, with a capital and interest repayment slice in years four and five.
LiveMore Capital has appointed a new head of intermediary sales as it restructures for future growth. Alison Pallett will move from the managing director of sales role to become a board adviser for LiveMore. The lender said the restructure is part of a move to strengthen the firm’s strategic and tactical depth. Phil Quinn has been appointed by LiveMore as its new head of intermediary sales, joining from Together, where he had been the head of national accounts since 2020.
Latest News
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House price growth slows to 3% – ONS
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Inflation remains unchanged at 3.8% in September
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£8.8bn worth of BTL loans advanced in Q2
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Quilter reports third successive quarter of £2bn+ inflows
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IHT receipts total £4.39bn in six months to September
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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.
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