Interest rates should be kept on hold for a sustained period due to “persistent” inflation, said Bank of England interest rate-setter Catherine Mann. “I prefer a longer hold . . . and make a bigger cut when you do to make it very clear… The post ‘Persistent’ inflation should mean rates stay on hold: BoE Mann appeared first on Mortgage Strategy.
Gen H launches a part capital repayment and part interest only mortgage product to support first-time buyers and those with small deposits. The product means buyers have to bring at least a 5% deposit and take up to 80% of their mortgage on an interest… The post Gen H launches part and part mortgages for buyers with small deposits appeared first on Mortgage Strategy.
ModaMortgages has expanded its 80% loan-to-value offer, by launching a range of limited edition products with a 5% fee option. The broker-only landlord lender will add two new 80% LTV products to its single dwelling range, including a two-year fixed rate at 3.59% and a… The post ModaMortgages boosts 80% LTV landlord offers appeared first on Mortgage Strategy.
West One has launched its commercial mortgage offering to the wider market across England and Wales. The commercial mortgage product range offers rates from 6.69% on semi-commercial properties and 7.44% on commercial properties. Loan-to-values (LTVs) are offered up to 75% of the vacant possession market… The post West One launches commercial mortgage offering to full market appeared first on Mortgage Strategy.
Regulated firms should report “unlawful” finfluencers to social media platforms and come to the City regulator if they are ignored. The Financial Conduct Authority’s director, consumer investments, Lucy Castledine (pictured) put across an uncompromising message on the role of finfluencers in financial markets. “People unlawfully… The post FCA urges firms to report ‘unlawful’ finfluencers appeared first on Mortgage Strategy.
