The mortgage industry broadly welcomed the Chancellor’s Mansion House speech last night, where she said: “In too many areas, regulation still acts as a boot on the neck of businesses”. Rachel Reeves (pictured), in comments to the City, said her ongoing reforms across mortgage… The post Mansion House reaction: Work to build ‘dynamic’ finance culture begins now appeared first on Mortgage Strategy.
The Mortgage Works has reduced its rates by up to 0.30 percentage points across selected buy-to-let (BTL) products existing customers. The new rates, which start from tomorrow, include the switcher BTL two-year fixed rate with a 3% fee, available up to 65% loan-to-value (LTV), which… The post The Mortgage Works lowers rates by up to 30bps on BTL products appeared first on Mortgage Strategy.
Average UK house price annual inflation was 3.9% in the 12 months to May 2025, an increase from the revised estimate of 3.6% in April, HM Land Registry reveals. The average UK house price was £269,000 in May 2025, which is £10,000 higher than a… The post UK house price annual inflation rises to 3.9%: HM Land Registry appeared first on Mortgage Strategy.
London saw heightened rental activity in June, with applicant registrations rising 21% month-on-month, according to the latest figures from estate agent Foxtons. Supply in the capital surged to its strongest level in four years, with almost 45,000 new listings recorded in June, an 18%… The post London lettings market buoyed by surge in supply: Foxtons appeared first on Mortgage Strategy.
Protection Guru has boosted the number of searches brokers can carry out on its platform by 250%. The comparison firm says advisers can increase searches using their standard licences, allowing them to conduct searches across all products using a single credit using its Pro… The post Protection Guru lifts broker standard licence searches by 250% appeared first on Mortgage Strategy.
