United Trust Bank celebrates £1bn of lending
United Trust Bank celebrates £1bn of lending
United Trust Bank has passed the £1bn milestone of specialist mortgage lending, following 50% year-on-year growth in new mortgage lending from 2020 to 2021. The total includes first and second charge residential mortgages across the bank’s product range. UTB Mortgages, the bank’s mortgage division, launched in 2015 with a limited range of second charge mortgages. ...
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United Trust Bank has passed the £1bn milestone of specialist mortgage lending, following 50% year-on-year growth in new mortgage lending from 2020 to 2021. The total includes first and second charge residential mortgages across the bank’s product range. UTB Mortgages, the bank’s mortgage division, launched in 2015 with a limited range of second charge mortgages. ...
This story continues at United Trust Bank celebrates £1bn of lending
Or just read more coverage at Mortgage Finance Gazette
United Trust Bank has passed the £1bn milestone of specialist mortgage lending, following 50% year-on-year growth in new mortgage lending from 2020 to 2021. The total includes first and second charge residential mortgages across the bank’s product range. UTB Mortgages, the bank’s mortgage division, launched in 2015 with a limited range of second charge mortgages. ...
This story continues at United Trust Bank celebrates £1bn of lending
Or just read more coverage at Mortgage Finance Gazette
United Trust Bank (UTB) Mortgages for Intermediaries has hired Stewart Green as buy-to-let (BTL) key accounts manager. Green joins UTB after holding senior roles at lenders including Castle Trust, Vida Homeloans and M:Qube as well as running his own brokerage. His appointment comes after the recent addition of Barry Luhmann as head of BTL as ...
This story continues at United Trust Bank hires Stewart Green as new BTL key accounts manager
Or just read more coverage at Mortgage Finance Gazette
United Trust Bank (UTB) Mortgages for Intermediaries has hired Stewart Green as buy-to-let (BTL) key accounts manager. Green joins UTB after holding senior roles at lenders including Castle Trust, Vida Homeloans and M:Qube as well as running his own brokerage. His appointment comes after the recent addition of Barry Luhmann as head of BTL as ...
This story continues at United Trust Bank hires Stewart Green as new BTL key accounts manager
Or just read more coverage at Mortgage Finance Gazette
Malone, who is based in the firm’s specialist mortgages lending division, joins after spending three years at Shawbrook Bank. He reports to the company’s head of new business Andrea Glasgow.
He is tasked with supporting the bank’s brokers in the North and Midlands, as well as structuring and packaging new applications.
The firm is a specialist bank, which provides providing asset finance, specialist mortgages and development finance as well as savings ac...
Malone, who is based in the firm’s specialist mortgages lending division, joins after spending three years at Shawbrook Bank. He reports to the company’s head of new business Andrea Glasgow.
He is tasked with supporting the bank’s brokers in the North and Midlands, as well as structuring and packaging new applications.
The firm is a specialist bank, which provides providing asset finance, specialist mortgages and development finance as well as savings ac...
Barclays has expanded its partnership with Groundsure to start screening commercial transactions in the UK for environmental and climate change risks. Groundsure has been working with Barclays since 2006 to provide the bank with an opinion on lending security in relation to flooding and contaminated land. The new agreement will introduce the new siteguard climate ...
This story continues at Barclays expands partnership with Groundsure
Or just read more coverage at Mortgage Finance Gazette
Barclays has expanded its partnership with Groundsure to start screening commercial transactions in the UK for environmental and climate change risks. Groundsure has been working with Barclays since 2006 to provide the bank with an opinion on lending security in relation to flooding and contaminated land. The new agreement will introduce the new siteguard climate ...
This story continues at Barclays expands partnership with Groundsure
Or just read more coverage at Mortgage Finance Gazette
Santander has teamed up with Groundsure to help assess climate risk in its commercial lending. The bank has worked with Groundsure to create a new report called Siteguard Climate, which details a four-tier risk assessment summary covering environmental liability, loan security risks, and the potential impact on property values these may have on each site ...
This story continues at Exclusive: Santander partners with Groundsure
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Santander has teamed up with Groundsure to help assess climate risk in its commercial lending. The bank has worked with Groundsure to create a new report called Siteguard Climate, which details a four-tier risk assessment summary covering environmental liability, loan security risks, and the potential impact on property values these may have on each site ...
This story continues at Exclusive: Santander partners with Groundsure
Or just read more coverage at Mortgage Finance Gazette
Leek United Building Society saw its pre-tax profit jump fourfold to £3.6m, as it boosted mortgage lending and posted record assets after taking advantage took advantage of a buoyant mortgage market last year. The mutual says its annual profit lifted from £0.9m in 2020, as home loan lending rose 8% to £174m in the 12-month ...
This story continues at Leek United Building Society boosts lending as profit jumps fourfold to £3.6m
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Leek United Building Society saw its pre-tax profit jump fourfold to £3.6m, as it boosted mortgage lending and posted record assets after taking advantage took advantage of a buoyant mortgage market last year. The mutual says its annual profit lifted from £0.9m in 2020, as home loan lending rose 8% to £174m in the 12-month ...
This story continues at Leek United Building Society boosts lending as profit jumps fourfold to £3.6m
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Cincinnati-based Fifth Third Bank NA, part of Fifth Third Bancorp, a regional lender with some $207 billion in assets, has launched a new warehouse-financing arm that will serve independent mortgage bankers.
The post Fifth Third Bank unveils new warehouse lending business appeared first on HousingWire.
Cincinnati-based Fifth Third Bank NA, part of Fifth Third Bancorp, a regional lender with some $207 billion in assets, has launched a new warehouse-financing arm that will serve independent mortgage bankers.
The post Fifth Third Bank unveils new warehouse lending business appeared first on HousingWire.
Data shows that net mortgage borrowing is still above the pre-pandemic average of £4.3bn in the year to February 2020.
Gross lending showed little change last month at £25.4bn, down from £26bn in July.
Mortgage approvals for house purchases increased sharply to 74,300 in August from 63,700 in July.
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Data shows that net mortgage borrowing is still above the pre-pandemic average of £4.3bn in the year to February 2020.
Gross lending showed little change last month at £25.4bn, down from £26bn in July.
Mortgage approvals for house purchases increased sharply to 74,300 in August from 63,700 in July.
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Expected to close around Oct. 1, the transaction will create a financial institution called Cornerstone Capital Bank.
The post Cornerstone Home Lending to buy The Roscoe State Bank appeared first on HousingWire.
Expected to close around Oct. 1, the transaction will create a financial institution called Cornerstone Capital Bank.
The post Cornerstone Home Lending to buy The Roscoe State Bank appeared first on HousingWire.
Remortgage instructions decreased by 26% in March as lenders react to the heightened levels of uncertainty around the cost of living crisis, according to the latest remortgage data by LMS. Data showed that there was also 28% drop in completed remortgages in March, which was “entirely expected” given the early repayment charge (EPC) peak at ...
This story continues at March sees drop in remortgage instructions
Or just read more coverage at Mortgage Finance Gazette
Remortgage instructions decreased by 26% in March as lenders react to the heightened levels of uncertainty around the cost of living crisis, according to the latest remortgage data by LMS. Data showed that there was also 28% drop in completed remortgages in March, which was “entirely expected” given the early repayment charge (EPC) peak at ...
This story continues at March sees drop in remortgage instructions
Or just read more coverage at Mortgage Finance Gazette