OakNorth Launches Mortgage Product

UK base challenger bank OakNorth launched a new mortgage product aimed at individuals who do not have typical sources of income; the mortgage will have a variable rate and they will target asset rich/income poor individuals for a price range starting at £500,000; OakNorth has built their firm on underwriting small businesses run by the same type of Individuals who they are targeting with this new product; the bank believes they can grow this product to over £260 million this year. Source.

  • Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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