Topic: AVM
Selina Finance
Selina Finance launches AVM products
RAW Capital Partners
RAW Capital Partners introduces pre-AIP AVMs
Masthaven
Masthaven enhances bridging range with rate cuts, AVMs and dual representation
Yorkshire BS
Yorkshire BS enhances property decisioning with AVMs and EPC data
Funding 365
Funding 365 cuts AVM bridging rates to 0.64%
Shawbrook
Shawbrook expands AVM rules across bridging range
Norton Home Loans
Norton Home Loans updates criteria to widen access for non-standard borrowers
Roma Finance
Roma launches AI-powered valuation tool
Buy-to-let
Landbay increases LTV and loan amounts for AVM products
Vida
Vida introduces AVMs to mortgage application processÂ
MT Finance
MT Finance increases maximum LTV on AVM valuations
Bridging
Precise expands use of AVMs across bridging range
West One
West One enhances buy-to-let range with AVMs and lower rates
Bridging
Hampshire Trust introduces AVMs on bridging finance
Mortgages
Hope Capital launches AVMs up to 75% LTV with new automated system
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Santander
Santander launches 98% LTV ‘My First Mortgage’
First-time Buyer
Improved affordability sparks 20% rise in first-time buyers: NationwideÂ
Inflation
Further rate cuts dampened as inflation rebounds to 3.4%
Mortgage Rates
Two Big Six lenders increase mortgage rates as swaps rise
Interest Rates
Looser Fed policy stance could slow further rate cuts, policymakers warn
Bank Of England
Bank of England holds interest rates at 3.75% in narrow 5-4 vote