Afin Bank has lowered mortgage rates on selected deals by up to 75 basis points, bridging lender SDKA by up to 50 bps and Principality by up to 40 bps while increasing others. At Afin Bank,which services foreign nationals as well as UK borrowers, its… The post Rate cuts at Afin Bank, Principality and SDKA plus minor increases appeared first on Mortgage Strategy.
Specialist broker Haysto has launched a new brand aimed at mainstream borrowers. It says sister brand Picnic will “take the complexity out of mortgages for people who want clear, no-nonsense guidance. “We combine expert advisers, plain English guidance, and technology that does the heavy lifting,… The post Haysto launches mainstream broker brand Picnic appeared first on Mortgage Strategy.
Residential property transactions in the UK have been running 15% higher for the first eight months of the year compared with the same period in 2024, reveals Coventry Building Society’s data on the latest HMRC figures shows. The data, which tracks transactions between January and… The post UK property transactions up 15% this year: Coventry appeared first on Mortgage Strategy.
The housing secretary unveiled the site of England’s next 12 new towns at the weekend, which could hold as many as 300,000 homes. But what next? Steve Reed, at the Labour Party conference in Liverpool on Sunday, said the sites span areas in Manchester, London… The post England unveils 12 new towns. What next? appeared first on Mortgage Strategy.
The share of equity release borrowers taking out money to support family members has increased by 9 percentage points from 13% to 22% over the past year, according to Canada Life. Comparing figures from the first half of 2024 to the first half of 2025,… The post Jump in equity release to support family members: Canada Life appeared first on Mortgage Strategy.
Stonebridge and The Mortgage Shop (TMS) have renewed their partnership with a long-term deal. The new agreement sees TMS remain part of the Stonebridge network as an appointed representative firm and extends a partnership that has already reached 10 years. TMS’s managing director, is also… The post Stonebridge and The Mortgage Shop renew partnership appeared first on Mortgage Strategy.
The Chancellor played down imposing a new wealth tax at the Budget — but left the door open to higher property charges. “We already have taxes on wealthy people — I don’t think we need a standalone wealth tax,” Rachel Reeves told Bloomberg TV… The post Reeves cool on wealth tax, leaves door open for higher property charges appeared first on Mortgage Strategy.
Ultimate Finance has launched price reductions across its bridging finance range. The lenders standard purchase and development exit bridge products will be reduced from 0.79% per month, while light refurbishment bridge products will be lowered by 0.89% per month. In addition, medium refurbishment bridge products… The post Ultimate Finance lowers bridging prices, HSBC makes rate changes appeared first on Mortgage Strategy.
A new mortgage platform has launched, which promises to deliver “data-driven title insurance policies generated in seconds”. Incept says its algorithm-driven underwriting software uses Land Registry live data feed to produce title insurance policies. The insurtech firm, founded last year, says the software is aimed at… The post Platform launches to provide faster title insurance appeared first on Mortgage Strategy.
Cohort Capital has hired Alex Alexandrou as head of sales – residential lending, as the bridging finance lender looks to boost its loan book. It says Alexandrou (pictured) will lead sales of the firm’s ResiOne product, for transactions between £1m to £10m-plus, for refinancing, consolidating debt and funding… The post Cohort Capital hires Alexandrou as head of sales appeared first on Mortgage Strategy.
