Pexa, the property exchange platform, is launching its full proposition to the UK market in September. The company is adding its sale & purchase capability to its existing remortgage platform. To officially launch and showcase its platform, PEXA is hosting a series of six regional… The post Pexa launches full property transaction proposition to market appeared first on Mortgage Strategy.
Barclays has cut a range of new residential fixed-rate products with prices starting at 3.75%, while also launching new products. The bank says its lowest price sees two-year purchase fixes at 60% loan to value, fall 11 basis points to 3.75%, with a £899… The post Barclays cuts rates with prices starting at 3.75% appeared first on Mortgage Strategy.
The Royal Institution of Chartered Surveyors has launched a six-week public consultation on updates to its key home survey standard. The Rics survey was developed to support consistency, raise standards, and deliver public confidence in the residential survey market. It was launched in 2021 after being… The post Rics launches home survey update consultation appeared first on Mortgage Strategy.
The price movements for new build properties in the UK are not consistent and the average price is proving too much for most first-time buyers. This is according to the latest data from Propertymark. It shows that average house prices for new instructions regarding newbuild… The post New build price moves uneven across UK and tough for FTBs appeared first on Mortgage Strategy.
Chancellor Rachel Reeves is considering a new tax on the sale of properties worth over £500,000 as part of wider stamp duty and council tax changes. Senior ministers, who have been briefed on proposals, have asked officials to look into how a new “proportional” property… The post Chancellor considers replacing stamp duty with new property tax: Report appeared first on Mortgage Strategy.
