Vida Bank’s parent posted gross mortgage lending that more than doubled to £348m in the first six months of the year. Vida Group Holdings said its lending operation had made a strong start in its first full year as a bank, after gaining regulatory… The post Vida more than doubles H1 gross mortgage lending appeared first on Mortgage Strategy.
The UK economy may be heading for a ‘bumpy landing’ warned a Bank of England rate-setter — but this comes as Britain is forecast to be the second-fastest growing advanced economy in the world by the International Monetary Fund. The Bank’s Monetary Policy Committee… The post BoE’s Taylor warns UK economy heading for ‘bumpy landing’ appeared first on Mortgage Strategy.
House prices in England and Wales decreased by 3% on an annual basis in September, according to the latest e.surv house price index. The data reveals that the average house price in September totalled £355,100, which is unchanged from August. While sales activity has improved,… The post House prices in England and Wales decline by 3% YoY in September: e.surv appeared first on Mortgage Strategy.
Since Covid, the number of people in the industry working from home (or in a hybrid capacity) has risen to 85% yet mental health and wellbeing is at its lowest level ever, according to research from the Mortgage Industry Mental Health Charter (MIMHC) MIMHC co-founder… The post WFH not helping broker mental wellbeing: MIMHC appeared first on Mortgage Strategy.
Clydesdale Bank has updated its valuation fees for properties up to £3m. For all new purchase and remortgage applications on both residential and buy-to-let (BTL), the lender will cover the valuation cost. If the property is over £3m, the borrower pays the difference in fee… The post Clydesdale makes valuation fee changes, Hodge cuts rates appeared first on Mortgage Strategy.
