PMS Mortgage Club has added Afin Bank to its panel of lenders, which expands the lender’s broker footprint. The new bank launched in July with a range of residential and buy-to-let home loans aimed at some of the UK’s most underserved borrowers, after gaining… The post PMS Mortgage Club adds Afin Bank to lender panel appeared first on Mortgage Strategy.
With the Budget date now announced for 26 November and hints of property tax changes in the offing, it looks set to be a frustrating time for those want to move home. Widespread media reports recently suggest the Chancellor is considering at least three reforms.… The post Budget: Industry frustrated over hanging property tax speculation appeared first on Mortgage Strategy.
Angela Rayner has admitted to underpaying stamp duty on her second home, putting her position under threat. The Deputy Prime Minister has referred herself to the prime minister’s ethics adviser after confirming she will have to pay more of the property tax. This comes after… The post Rayner admits underpaying stamp duty on second home appeared first on Mortgage Strategy.
Homes England has signed an agreement with York and North Yorkshire Combined Authority to boost new housebuilding across the region. The government housing agency says the new strategic place partnership will “unlock significant housing and regeneration plans” in the area that will use the… The post Homes England signs deal with York and North Yorkshire Authority appeared first on Mortgage Strategy.
There were 38,780 new homes built and completed between January and March 2025, the latest Office for National Statistics (ONS) data reveals. The data shows that in the first quarter of this year there were 21% fewer homes built and completed compared to the previous… The post Number of homes completed in Q1 down 21% on previous quarter: ONS appeared first on Mortgage Strategy.
A former Knight Frank partner has left to set up his own broker firm. Alastair Keeling has founded Arkmor Capital, a bespoke property firm aimed at high-net-worth clients. The London-based business will focus on high-value mortgages for prime properties, property finance for borrowers with non-standard income… The post Arkmor Capital broker launches with prime property focus appeared first on Mortgage Strategy.
Later life lending qualifications should be part of the standard qualifications to be able to advise on mortgages, Key Advice says. The equity release adviser’s comments are in response to the Financial Conduct Authority’s Future of the Mortgage Market Discussion Paper, which closes its consultation… The post Later life lending should be part of standard mortgage qualifications: Key Advice appeared first on Mortgage Strategy.
A November Budget may push any further Bank of England rate cut into Christmas, warns Deutsche Bank. Chancellor Rachel Reeves is widely expected to present the government’s fiscal statement sometime in November, where it is anticipated she will set out plans to raise as much as… The post November Budget may push base rate cut into Christmas: Deutsche Bank appeared first on Mortgage Strategy.
Barclays has announced rate increases of 0.10% on selected best buy products. The bank’s premier two-year fixed at 60% loan-to-value (LTV) with a product fee of £899 has increased from 3.74% to 3.84%. In addition, the two-year fixed at 60% LTV with a product fee… The post Barclays lifts best buy rates by 0.10%, Principality makes price changes appeared first on Mortgage Strategy.
Coventry Building Society is pressing Chancellor Rachel Reeves to confirm the date of the Autumn Budget, warning that ongoing speculation about major tax reforms is unhelpful for the housing market. Media speculation suggests the Chancellor is weighing up changes to Stamp Duty, potentially ending Capital… The post Market faces two months of uncertainty until Budget is set: Coventry BS appeared first on Mortgage Strategy.
