Lender developments were the focus this week, as Natwest announcing it was working on application programming interfaces (API) and Yorkshire Building Society extending its mortgages to 40 years were some of the most read articles this week.
Broker firm London and Country partnering with price comparison site Comparethemarket.com was also of interest, as was the news that first-time buyers getting on to the property ladder through the Help to Buy scheme were paying up to a 20 per cent premium on new build homes.
First-time buyers stung by 20 per cent Help to Buy premium
Brokers still not using suitability letters ‘scares me’ – Jannels
Yorkshire Building Society lengthens mortgage terms to 40 years
Council launches possession proceedings for home of disgraced football chairman
‘We’re losing at least 25 per cent of product transfer business’ – Marketwatch
NatWest: APIs are coming but it takes time
London & Country teams up with Comparethemarket.com
Skipton launches Open Banking-based paperless mortgage applications
Mortgage rates favour FTBs with large deposits as 95 per cent LTV rates rise
Banned landlord fined after threatening tenant
Shekina is a reporter at Mortgage Solutions. She has over two years experience in the B2B publishing market, with previous industries including the pet, funeral, hospitality, retail and jewellery trades.
Follow her on Twitter at @ShekinaMS