IMLA data identifies that brokers were able to translate over 89% of applications into offers, the highest percentage documented since 2016. Specialist mortgages improved with the increase in applications converting into an offer and those offers which led to completion were up at a three-year high. IMLA Mortgage Market Tracker reveals the number of accepted …
House Prices Provide An Opportunity
Annual House price growth remained below 1% for the sixth month in a row at 0.6% revealed by Nationwide. Property transactions and the number of mortgages approved for house purchases have remained steady. Robust labour market conditions and low interest rates is supporting the housing market. A major contributing factor is employment continues to rise …
Buy-To-Let Second Charge Loan Completed in 24 Hours
Smart Money has a completed a buy-to-let second charge loan in just 24 hours. The enquiry was submitted to Smart Money by one of our introducers at 3.37pm on 8th March 2016, where Mike Scott immediately conducted his research and emailed the pack to the client on the same afternoon. The documents were couriered back the …
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