Growth in the UK economy slowed to 0.1% in the three months to the end of September, piling more pressure on the chancellor ahead of the Budget. Official figures show that gross domestic product (GDP) was below the 0.2% predicted by analysts, just weeks before… The post UK growth slows but hopes rise for further base rate cut appeared first on Mortgage Strategy.
The time taken to complete the typical bridging loan fell to 41 days in Q3 2025, down from 48 in Q2, according to the latest MT Finance Bridging Trends report. The specialist finance packagers that contributed to the report completed £209.4million of bridging loans in… The post Average bridging completion time falls to 41 days in Q3 appeared first on Mortgage Strategy.
The Renters’ Rights Act will come into force on 1 May 2026, the government has announced. The law will abolish Section 21 ‘no-fault’ evictions, introduce open-ended tenancies, limit rent increases to once per year and cap advance rent payments at one month. The Act… The post Government reveals when Renters’ Rights Act comes into force appeared first on Mortgage Strategy.
MQube has enhanced its mortgage origination technology Origo with a new feature. The update uses artificial intelligence to mirror the work of a human underwriter by suggesting rationales, in human-like language, that assesses whether an applicant meets credit policy compliance and recommends case requirements for… The post MQube adds new underwriting feature to Origo appeared first on Mortgage Strategy.
Atom bank has introduced a new fee tier to its Near Prime proposition. The bank has added a £1,995 product fee range to its two-year fixed rate Near Prime products, with rates starting at 4.94%. The new products include loan-to-values of up to 90%. The… The post Atom Bank adds new tier fee to its Near Prime range appeared first on Mortgage Strategy.
