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Advice firm Mortgage Light sets up commercial arm

Advice firm Mortgage Light sets up commercial arm
mortgagesolutions.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagesolutions.co.uk Daily Mail and Mail on Sunday newspapers.

Alex Stoyles , Siobhan Holbrook , Mortgage Light ,

News analysis: Price hike in sight | Mortgage Strategy

News analysis: Price hike in sight
The move to bring back 95 per cent mortgages is broadly welcomed, but some warn it will make the country’s understocked housing market more expensive
By
Roger Baird
12
th March 2021
2:15 pm
Chancellor Rishi Sunak unveiled his well-trailed £3.9bn mortgage guarantee scheme during the Budget, which he says will turn “Generation Rent into Generation Buy”.
The move to bring back 95 per cent mortgages to the market was broadly welcomed by the industry although others cautioned it would make the UK’s understocked housing market more expensive.
The scheme begins next month, with several of the UK’s largest lenders Barclays, HSBC, Lloyds, NatWest and Santander already signed up. However, the country’s second-biggest lender, Nationwide, is yet to back the scheme, which acts as a guarantee for lenders, not borrowers. ....

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