Day: June 23, 2025

Tandem Bank appoints Chandler as CEO

Tandem Bank has appointed Neil Chandler as chief executive officer. Chandler brings experience in leadership, banking and technology to Tandem, spending more than 30 years in senior banking, eCommerce, retailer finance and technology roles. Most recently, he served as CEO of digital bank and banking-as-a-service… The post Tandem Bank appoints Chandler as CEO appeared first on Mortgage Strategy.

Vernon BS sees major uptick in RIO mortgages

Vernon Building Society has reported a 158% increase in its retirement interest-only (RIO) mortgages from Jan to May 2025 compared to the same period in 2024. According to the society,the trend for retirees to access the wealth tied up in their property to fund retirement… The post Vernon BS sees major uptick in RIO mortgages appeared first on Mortgage Strategy.

Borrowers confident in the market as they anticipate reduction in mortgage rates: Twenty7tec

There is renewed confidence in the market as more borrowers anticipate that mortgage rates will fall, Twenty7tec data suggests. Last month, nearly half of all mortgage searches and European Standardised Information Sheet (ESIS) documents focused on short-term fixes. Of the 1.92 million ESIS documents generated… The post Borrowers confident in the market as they anticipate reduction in mortgage rates: Twenty7tec appeared first on Mortgage Strategy.

Land Registry completions fall almost 7% as ‘work to rule’ enters sixth month  

HM Land Registry completed over 1.82 million applications to change or query deeds in May, down 0.3% from the previous month and 6.7% lower than a year ago.   The latest data from the land title body comes as ‘work to rule’ action by workers… The post Land Registry completions fall almost 7% as ‘work to rule’ enters sixth month   appeared first on Mortgage Strategy.

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