If you are a journalist and would like to contact us, please email info@alturafin.com or call 020 3786 7270. We are always happy to help.
Talk of negative interest rates and the gradual rise in mortgage pricing is presenting borrowers with a tricky decision.
The property market will not be shut as England heads into a second lockdown on Thursday, with renters, homeowners and buyers still able to view and move house.
Brokers have reported more down valuations on properties as lender caution remains and a lack of home moves in recent years has resulted in a dearth of comparable property data.
Service levels and communication methods during the pandemic have changed the relationship brokers have with lenders.
Industry pundits have expressed scepticism over Boris Johnson’s party conference pledge to introduce long-term 95 per cent loan-to-value mortgages.
Barclays has taken brokers by surprise after backdating a change to its lending criteria.
A lack of updates, redeployed staff and the need to discuss cases before they are submitted has left brokers speculating whether they are being discouraged from working with overwhelmed lenders.
A decision in principle (DIP) gives some way in indicating how eligible a client might be for a mortgage but with lenders assessing risk and adjusting criteria, they might not be as representative as they once were.
Homeowners will be able to add an additional two storeys to their homes through a fast track approval process, but brokers are not expecting it to make a significant difference to remortgage numbers.
Stay at home orders have eased and this week and prime minister Boris Johnson urged the nation to get back to work – a sign things could be returning to how they once were.
Brokers have reported an immediate surge in demand after the chancellor today announced a stamp duty holiday.
Brokers feel networks and clubs have done well to support them during the pandemic, but more can be done to ease difficulties relating to lender processes and personal wellbeing.
The chancellor is reportedly devising a scheme to extend mortgage holidays for those still in financial difficulty as a result of coronavirus.
With Covid-19 putting the property market on ice, industry experts join Leah Milner to gauge the potential impact on house prices
The British Mortgage Awards 2020 shortlists for brokers, lenders and wider industry finalists have been revealed.
Office for National Statistics figures on household finances paint a worrying picture of borrowers’ ability to cover mortgage costs once payment holidays end.
Your home or property may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. Think carefully before securing other debts against your home. The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
Altura Mortgage Finance Limited Company Number 11228723. Registered in England & Wales: Becket House, 36 Old Jewry,
London, EC2R 8DD.
Altura Mortgage Finance Limited is authorised and regulated by the Financial Conduct Authority. Firm Registration No: 827849 www.fsa.gov.uk/register/home. Not all forms of mortgage are regulated by the Financial Conduct Authority.
There will be a fee for mortgage advice. The precise amount will depend upon your circumstances but a typical fee will be £500.
If you wish to register a complaint, please write to Altura Mortgage Finance Limited, Becket House, 36 Old Jewry, Londond EC2R 8DD or call 020 3786 7270.
A summary of our internal complaints handling procedures for the reasonable and prompt handling of complaints is available on request and if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service at www.financial-ombudsman.org.uk or by contacting them on 0800 023 4 567.
© Altura Mortgage Finance. All Rights Reserved.
