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.
The Department for Work and Pensions Secretary of State has appointed Suzy Morrissey to prepare an independent report ahead of the third review of the state pension age. Morrisey has called for the views on what factors government should consider in determining state pension age… The post DWP launches state pension call for evidence appeared first on Mortgage Strategy.
Barclays has revamped its residential mortgage applications for brokers, with a “simpler and faster” system that takes 15 minutes to complete. The bank says the new process is a “more intuitive, streamlined application journey where information flows seamlessly, meaning no rekeying, less friction and a… The post Barclays intros 15-minute mortgage applications for brokers appeared first on Mortgage Strategy.
Describe your firm in a few sentences. Kerr & Watson was co-founded in 2023. We offer a service that we would want ourselves, where we can encourage people to refer their friends and family without being unsure if they are being looked after to the… The post Broker Focus: Stephen Kerr, director at Kerr & Watson appeared first on Mortgage Strategy.
NatWest has launched a suite of additional borrowing loans allowing existing customers to apply for extra cash outside of their product transfer window and “at any time during their mortgage term”. The lender says the offer moves on from the previous system, where customers were only allowed… The post NatWest launches additional borrowing ‘anytime’ during mortgage term appeared first on Mortgage Strategy.
Hope Capital has launched a residential bridging loan product, specifically designed to give borrowers enhanced liquidity from day one. The product offers 75% Net at just 0.95%, with works forward funded throughout the loan term. This gives borrowers the cashflow to progress their refurbishment projects… The post Hope Capital introduces new resi bridging loan appeared first on Mortgage Strategy.
