Specialist bank Aldermore has moved into the later-life lending market offering mortgages to homeowners aged between 55 and 85 who wish to access equity in their home without having to sell it.
New and remortgage borrowers taking a self-build mortgage with Ipswich Building Society now have access to a wider range of lending criteria.
Louisa Sedgwick, director of sales – mortgages at Vida Homeloans, says there are more mortgage options now for FTBs
Jeff Knight, director of marketing at Foundation Home Loans, believes that the specialist mortgage market is set to move into the more mainstream home loan arena.
The Loughborough Building Society is now offering a range of shared ownership mortgages on houses bought in England and Wales.
Key Retirement has been chosen by Secure Trust Bank’s mortgage division to provide later life lending support to its customers.
The Mansfield Building Society has extended the range of its specialist lending brand, Versatility, and launched eight new products marketed exclusively through Legal and General Mortgage Club.
Specialist lender Foundation Home Loans has upgraded its online portal for brokers to improve their user experience.
Bath Building Society has launched a retirement mortgage for borrowers aged 65 and over who are looking to release equity or move home.
Guernsey-based Skipton International is expanding its expatriate buy-to-let mortgage proposition into mainland Scotland.