Month: August 2025

CHL Mortgages for Intermediaries national account manager Andy Valvona has retired after 45 years in financial services.  Valvona leaves CHL Mortgages after almost five years and was responsible for the specialist landlord lender’s key relationships with networks, mortgage clubs, packagers and key accounts. He joined… The post CHL Mortgages national account manager Valvona retires after 45 years  appeared first on Mortgage Strategy.

According to the latest monthly survey from the Office of National Statistics, the most commonly reported issues were the cost of living (85%), the NHS (81%), and the economy (67%). The ONS’s Public opinions and social trends, Great Britain: July 2025 survey,  also showed that… The post Cost of living most important issue right now: ONS survey appeared first on Mortgage Strategy.

Challenger banks continue to lead the way in the latest set of banking satisfaction results published by the Competition and Markets Authority, with digital lender Monzo topping the poll for personal and business accounts.  The survey is the 14th annual review of customer service across the banking market, scoring… The post Monzo tops personal and business banking satisfaction poll: CMA  appeared first on Mortgage Strategy.

Newcastle for Intermediaries has scrapped its maximum age limit for the repayment of standard capital-and-interest mortgages. Until now, borrowers had to clear their mortgage by the age of 80. Under the new criteria, there is no upper age cap for standard repayment products. The move… The post Newcastle scraps max age limit for standard repayment mortgages appeared first on Mortgage Strategy.

Expat-related cases lead broker this summer, with advisers seeking criteria clarity around income sources, time spent outside the UK, or property location – data from Knowledge Bank shows.    The search engine says 13% of the cases it handled included expat criteria between July and… The post Expat enquiries lead broker searches: Knowledge Bank      appeared first on Mortgage Strategy.

Specialist lender Precise has boosted its residential range and introduced a number of rate reductions, added LTV bands and expanded fee options. Highlights include a five-year fixed, now from 4.72% previously 4.77%. And a two-year fixed, now from 4.73% previously 4.84% For the LTV banding,… The post Precise enhances resi range appeared first on Mortgage Strategy.

Average fixed rate mortgage prices fell across the board this week following last week’s base rate cut. The average two-year fix fell 0.02% to hit 4.98%, falling below 5% for the first time since the notorious Truss mini budget in 2022.  Three-year and five-year fixes… The post Average fixes fall as two-year deals hit 4.98%: Moneyfacts appeared first on Mortgage Strategy.

Inflation is expected to hit 3.8% when official data is released next week, according to a Deutsche Bank forecast.    This means the cost of living is forecast to lift 20 basis points in the year to July, from 3.6% in June, driven by a… The post Inflation preview: Cost of living heads into ‘uncomfortable territory’   appeared first on Mortgage Strategy.

The Co-operative Bank for Intermediaries has introduced sub-4% fixed-rate loans, while Metro Bank has refreshed its near prime residential range.   Highlights among the lender’s sub-4% deals are a two-year remortgage-only fixes at 3.85% at 60% loan to value, with a £999 fee.  It also… The post Co-op launches sub-4% loans, Metro relaxes near prime lending rules    appeared first on Mortgage Strategy.

Aegon has marked the first anniversary of its client reporting tool, ‘Product reporting’, with a series of strategic enhancements designed to further bolster adviser capabilities and client engagement. The upgrades, applied to the Aegon Retirement Choices (ARC) and One Retirement platforms, coincide with the findings… The post Aegon enhances client reporting tool appeared first on Mortgage Strategy.