All posts tagged mortgage

Lender slashes minimum valuation on bridging loans

Aldermore has reduced its minimum valuation on bridging loans for light refurbishment from £100,000 to £75,000. The move brings the bank’s bridging offering in line with its residential and buy-to-let mortgages. Aldermore has also reduced the minimum age for those […]

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Bridging sidesteps EU Mortgage Directive rules

Published on 29th January 2015   Bridging finance is set to remain exempt from a set of oncoming regulation changes to lending in the UK. This week, the Government announced its
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Tech Portal: Barclays launches snap-and-attach software

Barclays Bank has made significant improvements to its online mortgage submission system for brokers. The new improvements will allow brokers to take photographs of customer documents on their smartphone read more »

Flexible lending through bridging

Despite revolutionary, rather than evolutionary, recent changes in the sector, traditional preconceptions and indeed misconceptions remain commonplace. Whilst the industry has worked hard to overcome this stigma, allying read more »

Can a counterclaim defeat a claim for possession?

In the recent case of Thakker and another v Northern Rock plc [2014] the High Court considered an argument by a borrower that a lender did not have
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