News in brief – 2 June 2023

Tandem has confirmed a new partnership with Dynamo for Intermediaries. The mortgage club’s members will now be able to access Tandem’s portfolio of first charge residential remortgage and purchase products. Mortgages division head of sales and national accounts at Tandem, Richard Angell, said the firm had been impressed by the professionalism of Dynamo’s team, adding that it has been a “byword for quality broker support” over many years. Mortgage club director at Dynamo, Cat Armstrong, added that clients are interested in being eco-friendly and so believes that Tandem is a lender that “a lot of brokers will be able to utilise” to support people on their efficiency journey.

Specialist lender, TAB has become the latest patron of the National Association of Commercial Finance Brokers (NACFB). Established in 1992, the NACFB is a trade body for business finance intermediaries. TAB’s addition gives the NACFB’s membership base access to the lenders’ short-term finance products, broadening the funding options available to them. The firm revealed said it had joined the NACFB as a lender patron as it looks to develop new relationships with brokers.

Buckinghamshire Building Society has launched a new shared ownership proposition with rates cut by 30 basis points from their previous offering. In addition to the lower rates, the product also attracts no application fees, no product fees and no valuation fees. The Buckinghamshire confirmed that the five-year fixed rate is available for both purchase and remortgage cases for properties across England and Wales.

CHL Mortgages has relaunched a range of variable rate products to include lifetime and three-year BBR trackers across its core and refurbishment product ranges. The lender confirmed that both products are available to a maximum 75% LTV, with a 2% product fee. A three-year early repayment charge (ERC) of 3%, 2%, and 1% applies to the three-year tracker, with the lifetime tracker offered with a two-year ERC of 3% and 2%.

Mortgage and protection network, HLPartnership, has announced the acquisition of AFP Partnership a mortgage and protection network based in Maidenhead. According to HLP’s CEO, Chris Tanner, the acquisition fits into the firm’s strategic growth plan to expand its reach. He said that AFP “shares many values” that HLP has always held, such as fostering close relationships with individual AR firms by keeping short lines of communication.

    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.


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.

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.