This week’s top headlines: NatWest and Santander join FCA’s AI testing scheme and the average age of a first-time buyer has risen by 2 years since the pandemic. Explore these and other major industry updates below: NatWest and Santander join FCA’s AI testing scheme… The post Mortgage Strategy’s Top 10 Stories: 01 Dec to 05 Dec appeared first on Mortgage Strategy.
My alarm goes off at… …around 5.30am. Depending on the day, I like to make sure I have time for a gym session or yoga flow before my workday starts. I’m very much a morning person and feel the early start sets the right tone… The post Day in the Life of… Ashleigh Clark, Gatehouse Bank appeared first on Mortgage Strategy.
Building society growth is on the agenda of the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) with a new report into the mutuals sector. The Mutuals Landscape Report, published today, reinforces the regulators’ belief that mutuals are regulated according to the risks they… The post Building society growth on regulators’ agenda as sourcebook scrapped appeared first on Mortgage Strategy.
The number of lenders repricing mortgage rates doubled from 11 to 22 this week compared to last, the latest rate watch data from Moneyfacts reveals Average two-year fixed rates fell by 2 basis points over the past week to 4.85%, while three and five-year averages… The post Number of lenders repricing doubles week on week: Moneyfacts appeared first on Mortgage Strategy.
Kensington Mortgages has cut buy-to-let rates by up to 40 basis points and Coventry for Intermediaries has trimmed residential costs by up to 15 bps. At Kensington two-year fixed rates have been reduced by up to 15bps and five-year fixes by up to 9bps. Products… The post Kensington cuts BTL rates and Coventry trims resi prices appeared first on Mortgage Strategy.
