1. What do the Kray twins and Rudolf Hess have in common? 2. Who famously said this? “I’ve been through more cold turkeys than there are freezers.” 3. The biggest-selling book of the 20th century has sold over 150 million copies. What is its title?… The post Quick Quiz: Questions and answers appeared first on Mortgage Strategy.
The Serious Fraud Office has admitted that the convictions it secured against five bankers for Libor interest rate-rigging may be unsafe, following the Supreme Court overturing the conviction of Tom Hayes last month. The prosecutor says today that its cases against Jonathan Mathew, Jay Merchant, Philippe Moryoussef, Alex… The post SFO admits five more Libor rigging convictions may be unsafe appeared first on Mortgage Strategy.
Mortgage broker consolidator Pivotal Growth has bought two firms in England and Northern Ireland. The group has bought More Choice Financial, a Bedford-based mortgage and protection broker founded in 2007 by directors Julie Myers and Gareth Tucker. It says the acquisition will be integrated… The post Broker consolidator Pivotal Growth buys two firms appeared first on Mortgage Strategy.
Leeds Building Society is reducing rates across its residential and first time buyer mortgage ranges by up to 35bps from 29 August and introducing new products for first time buyers at both 90 and 95% LTV. These products are the latest in a series of… The post Leeds BS and Principality confirm selected rate changes appeared first on Mortgage Strategy.
The Financial Conduct Authority will make further cuts in data reporting for 95% of all authorised firms it deals with. The City regulator says its drive to “reduce and remove” regulatory returns will mean that 36,000 firms “will now no longer need to submit a nil… The post FCA cuts data reporting for 36,000 firms to ‘reduce burdens’ appeared first on Mortgage Strategy.
Home loan fixed-rate prices edged higher this week despite the Bank of England cutting the base rate this month, data from Moneyfacts shows. The average mortgage rate has risen by a single basis point to 5.01%, says the data group. Within this, average two-year… The post Mortgage rates edge higher despite base rate cut: Moneyfacts appeared first on Mortgage Strategy.
Interest in buying among landlords has rebounded following last year’s Autumn Budget with more than half of buy-to-let investors intending to purchase new properties in the 12 next months. This is according to new research from buy to let lender Landbay which reveals 52% of… The post Over 50% of BTL landlords plan to expand portfolios: Landbay appeared first on Mortgage Strategy.
Customer reviews offer more than feedback. They are powerful tools for businesses striving to understand their audience and they provide a direct window into customer behaviour. Such reviews are authentic and unfiltered, which means they reflect genuine experiences of people who have interacted with a… The post Mortgage Business Accelerator: Smart Money People head of business development Jess Trueman appeared first on Mortgage Strategy.
Widespread concern across the sector over incoming regulatory changes and the Renters’ Rights Bill, have been highlighted in new research by proptech provider Reapit. The Property Outlook Report 2025 reveals letting agents, landlords, and sales professionals are bracing themselves for the most challenging compliance environment… The post Reapit report highlights concerns over Renters’ Rights Bill appeared first on Mortgage Strategy.
Bank of England rate-setter Catherine Mann called for a “persistent hold on Bank rate” to fight rising inflation — but stands ready for “rapid” interest rate cuts should the UK economy deteriorate. Monetary Policy Committee member Mann held out for a rate hold when… The post BoE Mann calls for ‘persistent’ interest rate hold appeared first on Mortgage Strategy.
