CHL Mortgages will lend on the full property value within the first six months of purchase, where the enhanced value has been gained by improvement works. This can be evidenced by comparing original sales particulars to current valuation and receipts for works carried out. We will also consider enhancements to the title, for instance if …
CHL Mortgages for Intermediaries commercial director announces retirement
Ross Turrell, the commercial director for specialist lender CHL Mortgages for Intermediaries, has announced his retirement. Turrell, who has enjoyed a distinguished 40-year career working in financial services, is stepping down from the role after more than four years in the position. He will be replaced by Darrell Walker, the director of sales & distribution …
CHL Mortgages for Intermediaries commercial director announces retirementRead More
A Take on the Specialist Green Mortgage Market
According to a government report1, the housing in the UK is among the oldest and least energy-efficient in Western Europe. The report states that around 19 million homes in the UK lack energy efficiency, and there are several reasons for this. Firstly, a large proportion of homes in the UK use gas boilers for heating, …
Brokers are crucial in helping landlords find the right green mortgage.
In a speech on the 19th April at the London Institute of Banking & Finance Mortgage Conference, David Geale, the FCA’s Director of Retail Banking highlighted that green mortgages have a growing role to play in decarbonising the UK’s housing stock. He also sees brokers playing a pivotal role in helping borrowers navigate a complex …
Brokers are crucial in helping landlords find the right green mortgage.Read More
