UK’s LendInvest Acquires Funding from Lloyds Bank to Launch into Homeowner Mortgages
LendInvest (LSE: LINV), which claims to be the UK’s leading asset manager for property finance, announces increased funding from Lloyds Bank now totaling £300 million “to support its entry into the UK’s £1.2 trillion homeowner mortgage market.” LendInvest’s home owner mortgage product, “which beta launched… Read More
UK Mortgage Payments Hit Highest Level Since 2008
Mortgage costs relative to income in the United Kingdom have risen to their highest level in years. The latest data published by mortgage lender Nationwide Building Society Friday (Jan. 13) revealed that in the final quarter of 2022, first-time buyers were spending on average 39% of their take-home pay on mortgage repayments, the highest level […]
Kettel Homes launches UK’s first open market rent-to-own program to help first time buyers
Kettel Homes, the rent-to-own platform empowering first time buyers, today announces that is has been backed by Nationwide Building Society and the Fair by Design Fund, to launch the UK’s first open market rent-to-own programme for first-time buyers who are not able to access traditional home financing. The most recent English Housing Survey found that […]