A surprise jump in inflation and signs of persistent wage growth this week has led Goldman Sachs to downgrade its Bank of England rate cut expectations for the rest of the year. The US investment bank Goldman still expects a rate cut in August from… The post Goldman Sachs downgrades 2025 rate cut forecast appeared first on Mortgage Strategy.
There was a degree of optimism across the mortgage market this week, with lenders lowering fixed rates and reviewing lending rules. However, as Moneyfacts finance expert Rachel Springall points out, there were fewer brands cutting rates compared to a week prior. There was a weekly… The post Fewer lenders cut rates this week: Moneyfacts appeared first on Mortgage Strategy.
ISS Market Intelligence has bought Autus Data Services, a British broker-focused data firm, to boost its UK presence. London-based Autus says it provides contact data and fund intelligence on UK finance brokers, including 70,000 firms and 220,000 individuals listed on the Financial Conduct Authority… The post ISS snaps up UK broker data firm Autus appeared first on Mortgage Strategy.
This week’s top headlines include the Chancellor announcing reforms to add over 35,000 first-time buyer loans a year, and the departure of the former Financial Ombudsman Service chief executive due to a ‘collapse in confidence’. Explore these and other major industry updates below: Chancellor… The post Mortgage Strategy’s Top 10 Stories: 14 July to 18 July appeared first on Mortgage Strategy.
Lloyds Banking Group retained its top spot as the UK’s largest mortgage lender in the latest UK Finance rankings, as home loan finance looks set to grow over the year ahead. The group, which owns Halifax, saw its gross lending jump by 28% to £47bn… The post Lloyds and Nationwide cement top spots as largest resi and BTL lenders appeared first on Mortgage Strategy.
