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.
Broker network Stonebridge says its mortgage applications rose by 7% year-on-year in October, while lender competition forced average rates down by 21bps to 4.43%. Stonebridge’s latest Mortgage Market Briefing says the typical loan size in October fell to £195,068 compared to last October’s £197,200. Stonebridge… The post Stonebridge hails higher mortgage applications and ‘aggressive’ rate cuts appeared first on Mortgage Strategy.
Housebuilder Taylor Wimpey has urged the government to do more to support first-time buyers. In a shareholder update today, Taylor Wimpey chief executive Jennie Daly said market conditions were “challenging” and “impacted by uncertainty ahead of the upcoming UK Budget and continued affordability pressures”. Taylor… The post Taylor Wimpey urges government to support first-time buyers appeared first on Mortgage Strategy.
Knowledge Bank has recorded 5,211 criteria changes in October, down from 8,326 in September. While the latest figures marked a drop, Knowledge Bank says it still reflects the relentless pace of market evolution. Lenders continue to prioritise data accuracy, with 2,671 new criteria added in… The post Knowledge Bank records decrease in criteria changes in October appeared first on Mortgage Strategy.
