News in brief – 2 September 2024

conveybuddy has launched a new conveyancing portal which enables cost savings that can be passed directly onto customers. Introducers will be provided with a bespoke quoting portal that enables them to choose the best providers for all their clients’ conveyancing needs. The range of products offered includes surveys and, an “all-inclusive remortgage” that includes all disbursements and a fixed referral fee. Referral fees are paid the week after exchange on purchases and the week after completion on remortgages.

Alternative Bridging Corporation has launched a new promotion offering to refund valuation and lender legal fees on applications received before the end of September. As part of the promotion, a refund of up to £2,000 is available to cover the combined valuation and lender legal fees on all applications received up to the close of business on 30 September, where completion takes place before the close of 31 October. The promotion is valid on all products and funds will be refunded on completion.

Paragon Bank has launched a two-year fixed-rate buy-to-let mortgage with nil fee, in addition to adding a two-year discounted variable product with a low fee. The firm’s nil fee two-year fixed rate product starts at 6.10% for the purchase or remortgage of single self-contained properties with EPC ratings of A-C. The standard option, for properties with an EPC rating of D or E, is priced at 6.15%, while houses in multiple occupation (HMOs) and multi-unit blocks (MUBs) are 6.35%.



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.


AI, finfluencers and the future of broking
The mortgage industry is evolving faster than ever. In this MoneyAge video, we examine the opportunities and challenges redefining the broker landscape, from AI-powered lending and changing customer expectations to housing affordability, property supply and the rise of financial influencers. Our guest from Chorley Building Society shares practical insights on what brokers need to do to stay relevant and thrive in a rapidly changing 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.