Perenna will launch a range of seven-, 10-, and 15-year fixed-rate residential home loans next week. The longer-term lender says the loans are available exclusively through brokers from Tuesday 4 November, with rates starting at 4.89% for seven-year fixed-rate house purchases at 60% loan,… The post Perenna launches range of 7- to 15-year loans appeared first on Mortgage Strategy.
While flat sharing can be more affordable than renting, OneFamily reveals that saving money is the main reason people like living with flat mates, 36% say it’s cheaper than living alone. In a survey of 3,000 UK adults aged 18 to 40, four in five… The post Cost of living keeping adults stuck in house shares: OneFamily appeared first on Mortgage Strategy.
Foundation Home Loans and Leeds Building Society are the latest lenders to trim mortgage rates this week. Leeds is cutting rates by up to 11 basis points on residential fixed rates tomorrow, but has yet to reveal any more specific details of the cuts. Foundation… The post Foundation and Leeds Building Society trim costs appeared first on Mortgage Strategy.
Barclays has cut rates including reductions below 4%. The premier two-year fixed product at 60% LTV with a product fee of £899 has been lowered from 3.85% to 3.72%. The bank has also cut its two-year fixed at 60% LTV with a fee of £899… The post Barclays, Accord and Together make rate cuts appeared first on Mortgage Strategy.
We officially launched the 2026 Mortgage Strategy Awards a few weeks ago – and we’ve been amazed by the overwhelming response from across the industry! However, for those still wanting to enter, self-nominations are closing very soon! You have until Tuesday 11 November at 11:55pm,… The post Time to enter Mortgage Strategy Awards 2026 appeared first on Mortgage Strategy.
The Financial Ombudsman Service (FoS) has reported that residential first charge mortgages and buy-to-let (BTL) mortgage complaints both increased by 27% between July and September this year. During the period, there were 1,170 complaints about residential first charge mortgages, while BTL mortgage complaints totalled 186.… The post Resi first charge and BTL mortgage complaints both rise by 27%: FoS appeared first on Mortgage Strategy.
United Trust Bank has promoted Caroline Mirakian to the role of mortgages, BTL and bridging proposition and marketing director, with a remit “to champion the voice of brokers”. Mirakian, who joined the bank almost three years ago, was previously sales and marketing director at… The post UTB promotes Mirakian to become ‘broker champion’ appeared first on Mortgage Strategy.
HSBC and TSB are cutting mortgage rates, while Co-operative Bank is adding a number of new deals tomorrow. TSB will be lowering costs for a number of residential mortgage deals. Two-year fixed house purchase products will reduce by up to 20bps, while two-year fixed remortgage… The post HSBC and TSB to cut rates tomorrow, plus Co-op adds deals appeared first on Mortgage Strategy.
The Mortgage Works has made made enhancements to support landlords who want to grow their portfolios. The lender has increased the maximum loan per property to £2 million for buy-to-let (BTL) and limited company applications up from £1.5 million previously and £1 million for let… The post The Mortgage Works enhances range to support landlords growing their portfolios appeared first on Mortgage Strategy.
Nearly 82% of mortgage brokers have used ChatGPT or other artificial intelligence tools within the past three months, new research has found. The survey, by Paradigm, revealed that almost 87% of advisers want to learn more about how to use AI in their business. However,… The post Almost 82% of brokers are using ChatGPT and other AI tools appeared first on Mortgage Strategy.
