Trussle
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Latest property news
Phil Spencer’s property platform inks mortgage deal with broker Trussle
Deal is with the TV star's Move iQ platform, which attracts online home movers with advice and information fronted by Spencer.
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Features
Blocked pipes?
Nigel Lewis looks at the sales progression challenges faced by the industry during Covid, where the bottlenecks are and what’s being done to fix the system now and in the future.
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Latest property news
MP gains second reading for bill to unlock 200,000 mortgage ‘prisoners’
Conservative Charlie Elphicke says it is 'absurd' that some people are trapped in their homes by tighter lending regulations.
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Latest property news
Crying game? Mortgages driving first time buyers to tears
It’s fair to say that applying for mortgages is few people’s idea of fun, but can the process ever drive them to tears? It can, according to research among home owners by mortgage broker Trussle, which has discovered that 8% of all first-time buyers get teary-eyed while attempting to get their first mortgage, or 27,000 people every year. The research also found that 9% of first time buyers had been discouraged during the process of buying their property because they had felt getting a mortgage was an ordeal, while nearly a quarter of first-time buyers are forced to time off work to sort out their mortgage application. This equates to 77,740 people last year. Stressful Also, 23% of the 2,000 people quizzed during the research said the experience of getting a mortgage was stressful, while many found making a mortgage application to be “opaque and time-consuming”. This is also persuading many people to stay put with their existing lender rather than switch provider and remortgage, says Trussle. It reckons there are two million people on Standard Variable Rate mortgages who could save thousands of pounds a year if they were to switch to a mortgage with a more competitive rate.…
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Latest property news
New revenue opportunities for estate agents
ZPG adds mortgage pre-qualification data to applicant leads.
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Products & Services
Zoopla, Countrywide and Connells partner with Proptech firms
Zoopla, Countrywide, Connells, Fixflo, Property Detective, Trussle and Landbay are to work together in a series of investments and collaborations to bring further services to consumers. FixFlo, the UK’s leading online repair reporting platform, will provide ZPG agent members with tools to help them manage tenant maintenance issues more effectively; PropertyDetective is a supplier of property and neighbourhood research reports and they will provide more in depth property data to Zoopla users and agents; MD and founder of PropertyDetective, Barry Bridges said, “Our reports are now recognised by the industry and consumers alike as the best residential property reports you can get your hands on, full of useful information about the local area, giving an unbiased and genuinely useful picture of the facts that anyone moving home should be making themselves familiar with BEFORE moving home. Today, we start bringing those reports and our insight to a national audience of millions.” Landbay is a leading peer-to-peer lender for property, which will allow ZPG users to invest in the UK residential property market from as little as £100; Trussle, the UK’s first online mortgage adviser, will help ZPG users find the best value mortgages for their needs. Alex Chesterman (right), Founder…
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