This week’s top headlines: FCA chief flags up ‘structural challenges’ to homeownership and OSB Group launches specialist BTL lender Rely Explore these and other major industry updates below: FCA chief flags up ‘structural challenges’ to homeownership The FCA’s chief executive, Nikhil Rathi, warned that… The post Mortgage Strategy’s Top 10 Stories: 10 Nov to 14 Nov appeared first on Mortgage Strategy.
Continued lender rate cuts caused the average cost of fixed-rate mortgages to fall by up to 2bps this week, according to Moneyfacts. The firm’s latest rate watch data showed that the average two-year fix fell to 4.91% from 4.92% last week, with the typical five-year… The post Average fixed rates fall after lender rate cuts: Moneyfacts appeared first on Mortgage Strategy.
Metro Bank has relaunched the 80% loan-to-value tier for its buy-to-let range and cut mortgage rates by up to 50 basis points across landlord and residential products, while Paragon has also lowered costs. Leeds Building Society is bringing out new green residential deals and additional… The post Metro relaunches 80% LTV on BTL, makes 50bps cuts, among lender updates appeared first on Mortgage Strategy.
Nervousness about the upcoming Budget is fuelling “inertia” in the property market, according to Knight Frank global head of research Liam Bailey. Chancellor Rachel Reeves will unveil her Budget on 26 November, with several property reforms rumoured. These include scrapping stamp duty for buyers and… The post Budget nervousness fuels “inertia” in the property market: Knight Frank appeared first on Mortgage Strategy.
Here we are again, mortgage watchers. It’s the time of year when the clocks have slipped back and the shadows crawl across the room earlier, as many of us now go to work and come back home in the dark, and winter hides its icy… The post Market Watch: We’re worth more than this appeared first on Mortgage Strategy.
