Dec 5, 2024 · Coreco was founded in 2009 by former Cobalt Capital directors Montlake, Matt Lowndes and Francois Taljaard.. They were soon joined by further former senior colleagues from Cobalt, including Ingall, Rob Gill and Roy Hardy after the original brokerage became a casualty of the financial crisis.

Dec 23, 2024 · The increase in lending will be underpinned by lower interest rates and a rise in demand for remortgaging as affordability pressures ease. In terms of affordability, the average new borrower currently spends around 15.5% of their income on mortgage interest.

Jan 10, 2025 · Lenders are closely monitoring the turmoil in the bond markets before deciding whether to lift mortgage rates. This week, 30-year UK government borrowing costs hit their highest level since 1998, while the pound slumped to its lowest level in over a year. Bond markets have taken fright over the ...

Jan 3, 2025 · While the latest analysis from Yorkshire Building Society supports this view, according to YBS’s group economist Max Shepherd, the Government’s Budget changes to stamp duty land rax rules could potentially trigger a surge in completions in the first quarter of the year as first-time buyers and home movers rush to try to secure their homes before the Stamp Duty change increases the cost of ...

Established in 1869 as the Building Societies Gazette, Mortgage Finance Gazette has been the market leading publication for the mortgage lending industry for 150 years.

Nov 14, 2024 · This is according to the latest Rics Residential Survey for October with forward-looking indicators remaining consistent with a further pick-up in sales volumes over near-term, although the rise in bond yields in recent weeks is likely to present something of a headwind as it feeds through into general lending conditions.

Jan 3, 2025 · And the stress of rejection because of these factors is impacting on applicants’ emotional health. For example, a quarter of ‘non-standard’ applicants who have tried to get a mortgage have felt stressed or upset at times during the process – including those who are self-employed, older or divorced. 14% of this group have also felt judged when trying to get a mortgage – rising to ...

Oct 10, 2024 · In the second quarter of the year, there were 96,070 homeowner mortgages in arrears of 2.5% or more of the outstanding balance in the second quarter of 2024, broadly unchanged from in the previous quarter, according to UK Finance figures.

Jan 27, 2025 · The latest Landlord Trends report for Q4 2024 shows that landlord confidence about the future of their own lettings business has increased year-on-year, with 37% responding that they feel ‘good’ or ‘very good’ about their prospects in Q4 2024 compared to 33% in Q4 2023.

Mortgage Finance Gazette is again partnering with Mortgage Strategy and The Openwork Partnership to bring you MFG Rated for Service 2025. This is the only annual service awards for the UK mortgage lending industry.