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.
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.
