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Mortgages and Open Banking

Robin Fieth, chief executive of the Building Societies Association, believes that core values of trust and guidance remain a sure bet with Open Banking

Leek United launches new five-year fixed rate deals

Leek United has expanded its range of mortgage products with the launch of two competitive Five-Year Fixed Rate deals from Tuesday, 10 April 2018. Both products offer up to 90% Loan To Value (LTV), and give purchase/remortgage customers the peace of mind and certainty of fixing their repayments until 30/6/2023. Product 1107 is fixed at 2.59%, with a £100 application ...

Strong year predicted for the Vernon amid pre-tax profit of £769k

New Vernon Building Society chief executive Steve Fletcher is predicting a strong year for the Stockport-based mutual. Fletcher, who took over as CEO from the long-serving Mike Hanson in February, has told members that the traditional, but innovative, mortgage lender’s ‘strong financial position’ will see the ‘business grow’. Fletcher made the comments in the Vernon Building Society’s Annual Review when ...

First digital mortgage signed by borrower and registered at HM Land Registry

Coventry Building Society and Enact Conveyancing have lodged the first digitally signed mortgage for a house in Rotherhithe, London. The Land Registry’s ‘Sign your mortgage deed’ service allows borrowers to sign their deed online, using the GOV.UK Verify service to securely verify their identity first. The new service means there is no need for a witness to watch as the homeowner ...