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Santander is launching a range of deals tomorrow including two new 85 per cent loan-to-value product. The lender is also bringing out a number of fee-free options. Santander’s new 85 per cent LTV deals include a two-year fix at 2.84 per cent with a £999 fee for purchase and remortgage. It is also offering a The post Santander launches new 85% LTV deals appeared first on Mortgage Strategy.

There is an option for many would-be homebuyers with a small deposit The post Comment: Shared ownership offers hope appeared first on Mortgage Strategy.

NatWest has brought in new rules requiring applicants who have returned to work after being furloughed to provide one full month’s proof of income, such as payslips. The lender says that it will no longer accept a letter from the employer confirming the applicant’s return to work as evidence. NatWest says the policy has been The post NatWest tightens rules for applicants returning from furlough appeared first on Mortgage Strategy.

Conveyancing firm O’Neill Patient has acquired Conveyancing Alliance from ULS Technology for £27.3m in cash. This is the second purchase ONP has made recently, having bought Cavendish Legal Group in March. ONP says that Conveyancing Alliance will continue to offer services from a range of law firms as well as from ONP and that ONP The post O’Neill Patient acquires Conveyancing Alliance appeared first on Mortgage Strategy.

Air Mortgage Club has launched an enhanced adviser support service for large loans. For equity release clients borrowing £250,000 or more, the mortgage club is now offering what it calls a “concierge service”. Air Mortgage Club, which specialises in later life lending, says that when brokers enter details of a case, its Air Sourcing enquiry The post Air launches extra support for large equity release loans appeared first on Mortgage Strategy.

InterBay Commercial has launched a new fixed rate product into the market. Available at up to 65 per cent LTV, it comes in two-, three-, and five-year fixed versions and rates start at 5.74 per cent. The minimum loan size has been set at £150,000 and for property values over £2m, InterBay asks brokers to The post InterBay issues new commercial product appeared first on Mortgage Strategy.

The number of prospective tenants per agency branch reached the highest level for any October on record, according to Arla Propertymark. A poll of lettings agents by the trade body also suggests that the number of tenants experiencing rate rises fell for the second consecutive month. The research found that 37 per per cent of The post Tenant demand at highest level for any October on record appeared first on Mortgage Strategy.

Mortgage approval totals for house purchases rose again in October after spiking in September, rising from 92,000 to 97,500, show Bank of England figures. This, it says, is the highest number counted since 2007 and is 33 per cent higher than the figure seen in February of this year. October’s purchase approvals equaled £20.6bn in The post Mortgage approval numbers hit new highs: BoE appeared first on Mortgage Strategy.

Consumer confidence in house prices has slipped over the past month, with fewer people believing the value of their home has increased in November compared to October, the latest sentiment index from Halifax has shown. However, the survey, conducted in partnership IHS Markit suggests that sentiment remains relatively stable. While 14 per cent of home The post House price sentiment dips, but still strong: Halifax appeared first on Mortgage Strategy.

The Conveyancing Association has revised its cyberfraud and fraud protocol to provide additional information to firms on steps they can take to avoid failing for these scams. The latest version of this protocol includes feedback from the National Cyber Security Centre. The CA has also updated its definition of different types of fraudulent activity, including The post Conveyancing Association revises fraud protocol appeared first on Mortgage Strategy.