The tribulations of first-time buyers caught brokers’ attention this week, with Aldermore’s findings that four in five had been rejected for a mortgage piquing interest in particular.
The challenge for self-employed applicants drew readers’ attention too, while rising house prices, combined with the latest potential fix for mortgage prisoners, from Prestbury’s former boss, revealed the complicated client landscape which brokers are presently asked to navigate.
Virgin Money reveals 95 per cent LTV mortgage guarantee criteria
Brokers see little sign of mortgage improvement for self-employed borrowers
Ying Tan to exit Dynamo after Connells Group buyout
Legal & General trials equity release fixed early repayment charges
First-time purchases delayed by many obstacles – Yopa
Four in five first-time buyers rejected for mortgage – Aldermore
HSBC cuts rates up to 95 per cent LTV; The Nottingham and Vida add high LTV deals
ASA complaints upheld against Money Advisor
Former Prestbury boss prepares comeback with P2P product for mortgage prisoners
Barratt Homes cites dearth of high LTVs on new-builds as potential dampener on delivery