Gatehouse Bank has made rental rate reductions across its range of buy-to-let (BTL) products for UK expats and international residents. The lender’s rental rates have been reduced by 0.22% on all standard and green two-year and five-year fixed term products for individual applicants as well as UK-registered limited companies.
West One Loans has launched a new online affordability calculator for residential mortgages. The firm’s latest digital tool is designed to streamline the mortgage application process by offering brokers a more efficient way to determine affordability. The calculator allows brokers to quickly obtain an accurate affordability decision before submitting a new enquiry.
Precise has updated the affordability calculation process for its residential range. The move means the average borrowing capacity has now been increased by an average of 9%, although this could be higher depending on customer circumstances. The enhancement offers increased financial options for brokers with residential customers looking to secure their first step on the housing ladder, or to secure additional funds for those seeking to remortgage.
Latest News
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Average UK house price surpasses £300k – Halifax
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Bank of England holds base rate at 3.75%
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Mortgage Advice Bureau acquires Dashly
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Bridging loans fall to lowest average completion time in eight years
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Regulators announce first six firms to join ‘Scale-Up Unit’
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House prices recover month-on-month in January – Nationwide
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
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.
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?
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.
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