LMS has expanded the National Property Transaction Network (NPTN) as 42 new stakeholders join the initiative. The pilot launched in late 2024 and the next wave of adoption represents a milestone in building a digital ecosystem – one that is open, scalable, and focused on… The post LMS expands National Property Transaction Network with 42 new stakeholders appeared first on Mortgage Strategy.
The mini-Budget was delivered three years ago, but continues to cast a long shadow over mortgage rates, with short-term rates still higher than when then-Chancellor Kwasi Kwarteng stood at the despatch box. The Liz Truss (pictured) Conservative government, which lasted less than two months, set… The post Mini-Budget three years on: Short-term rates still higher appeared first on Mortgage Strategy.
Halifax Intermediaries has made rate changes to homemover, first-time buyer, product transfer and remortgage rates. For homemover and FTBs, Halifax has made rate decreases of up to 0.14% on selected fixed rate products. For the lenders remortgage products, rates will increase by as much as… The post Halifax Intermediaries makes price changes, Virgin Money cuts rates appeared first on Mortgage Strategy.
Property is firmly in the chancellor’s sights as the Treasury looks to raise as much as £20bn in the autumn Budget to plug a hole in the public finances. Rachel Reeves is understood to have instructed officials to draw up tax-raising measures that affect every… The post News Analysis – Property taxes in chancellor’s Budget crosshairs appeared first on Mortgage Strategy.
Offa, an Islamic property finance fintech, has made rate drops for its Sharia-compliant buy-to-let (BTL) products. The property finance company’s fixed two-year BTL rental rates have dropped by up to 0.32%, and up to 0.34% for five-year fixed products. It has also made additional rate… The post Offa cuts BTL rates by up to 0.34% appeared first on Mortgage Strategy.
