Don’t miss the mortgage innovation event everyone is talking about! Mortgage Strategy’s Mortgage Innovation & Technology Live (MIT Live) event takes place tomorrow at Convene in central London. It has been uniquely designed to empower forward-thinking mortgage and protection business leaders to meet today’s challenges… The post MIT Live is tomorrow appeared first on Mortgage Strategy.
Landbay has launched a new specialist holiday let small multi-unit freehold block (MUFB) range. The lender has unveiled four two- and five-year fixed-rate products as part of its specialist range. The new products, all available up to 75% LTV, are: • Five-year fixed-rates available at… The post Landbay launches specialist holiday let range appeared first on Mortgage Strategy.
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.
The number of over-65s renting rather than owning a home is rising, according to a government survey. The English Housing Survey found that 461,000 over-65s lived in private rented households in 2024/25. That is only 6% of the total 7.4 million homes where the main… The post More retirees now renting, says government survey appeared first on Mortgage Strategy.
Nationwide will cut its fixed rate mortgage range, with the lowest rate now at 3.58%. The lowest rate now stands at 3.58% and it is the first time that Nationwide has offered a fixed mortgage rate lower than 3.60% since September 2022. First-time buyers reductions… The post Nationwide launches lowest fixed rate since September 2022 at 3.58% appeared first on Mortgage Strategy.
There has been a significant rise in solo first-time buyers, Santander UK reveals, as the effects of the Financial Conduct Authority’s mortgage rule changes begin to take hold. Santander’s data shows a 13% increase in sole-borrower, first-time buyer mortgage applications received between June and October,… The post Solo first-time buyers rise 13% between June and October: Santander appeared first on Mortgage Strategy.
