Santander has now added its product transfer rates across a range of major sourcing systems, saying that the move means that “checking out our latest deals just got a whole lot easier”. Brokers will now be able to produce mortgage illustrations for their clients,… The post Santander product transfers across major sourcing systems goes live appeared first on Mortgage Strategy.
The housebuilding industry needs “skill, baby, skill,” if the country is to hit the government’s target of building 1.5 million homes before the next election, says a homes standards body. National House Building Council chief operating officer David Campbell (pictured) will warn that without… The post Housebuilders need ‘skill, baby, skill,’ homes body to tell Labour appeared first on Mortgage Strategy.
This week’s top headlines: Brokers and lenders split over future of home loans advice and Pepper Advantage acquires Computershare’s UK mortgage business. Explore these and other major industry updates below: Nationwide appoints Thompson as director of mortgage intermediaries and partnerships Nationwide has appointed Damian… The post Mortgage Strategy’s Top 10 Stories: 22 Sep to 26 Sep appeared first on Mortgage Strategy.
There was no movement in average mortgage rates this week for two, three and five-year fixes, as lenders repricing deals both upwards and downwards cancelled each other out. Moneyfacts’ weekly ratewatch data show the average two-year fixed rate held steady at 4.98% the three-year rate… The post Average fixed rates hold steady despite lender moves: Moneyfacts appeared first on Mortgage Strategy.
More2life has set out its proposals to the Financial Conduct Authority’s mortgage rules review, saying that later life lending must drop its perception as being viewed as “a product of last resort”. The equity release lender highlights five areas “where regulatory change is needed.” Removal… The post More2life tells FCA equity release should not be a ‘last resort product’ appeared first on Mortgage Strategy.
Castle Trust Bank has launched a light refurbishment product with a drawdown facility. The new product is designed to support developments delivered under Permitted Development Rights (PDR), the conversion of properties into smaller HMOs and reconfigurations as well as smaller renovations such as rewiring, new… The post Castle Trust Bank launches light refurbishment with drawdowns product appeared first on Mortgage Strategy.
The number of houses in multiple occupation in England has risen by 2.3% over the past year, according to analysis by HMO management platform COHO. The company’s research, based on official data, shows there are now an estimated 472,823 HMOs across the country, following an… The post Number of HMOs in England rises by 2% over year appeared first on Mortgage Strategy.
UK Finance says its members do not want later life lending to be “further carved out from the rest of the market,” instead arguing that many members “support it becoming more mainstream”. This comes in response to the Financial Conduct Authority’s mortgage rule review… The post Later life lending should become ‘mainstream,’ say lenders in FCA review appeared first on Mortgage Strategy.
Tax probes into landlords netted a record £107m by HMRC in 2024/25, more than double the amount clawed back by the custom’s body three years ago. The data comes from accountants Price Bailey, following a Freedom of Information request and is part of the… The post Landlord tax probes net record £107m appeared first on Mortgage Strategy.
United Trust Bank Mortgages has made rate reductions of up to 84 basis points across a selection of its second charge product range. Prime-plus five-year fixed rates will now start from 5.59% while five-year fixed no early repayment charge (ERC) prices will start from 6.35%.… The post UTB lowers rates up to 84bps, Masthaven cuts bridging prices appeared first on Mortgage Strategy.
