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.
Describe your firm in a few sentences. Mortgages with Hannie & Co is a directly authorised firm offering a fresh-thinking approach to mortgages. We work with buyers, landlords and investors to secure property with clarity and confidence, all while making the process feel less like… The post Broker Focus: Hannie Mason, director of mortgages at Mortgages with Hannie & Co appeared first on Mortgage Strategy.
Labour’s proposal for a new property tax will “disproportionately affect Londoners”, Compare My Move co-founder Dave Sayce reveals. It was reported last week that Chancellor Rachel Reeves is considering a new tax on the sale of properties worth over £500,000 as part of wider stamp… The post Chancellor’s property tax proposals set to hit Londoners: Compare My Move appeared first on Mortgage Strategy.
Almost 100,000 new homes that were “previously stuck in the planning system” were given the green light over the 12 months, the housing department says. Experts in its New Homes Accelerator team have unblocked “challenges that were holding back development on scores of large consented sites… The post New homes team unblocks 100,000 houses in 12 months: Housing dept appeared first on Mortgage Strategy.
The post Over 3 million locked out of the housing market: Pepper Money appeared first on Mortgage Strategy.
Jitty has partnered with L&C Mortgages as its mortgage advice partner to develop and launch a monthly budget calculator built into its property listings. The feature will allow homebuyers to search for a new home by typical average monthly repayment amounts instead of the asking… The post Jitty partners with L&C Mortgages as advice partner appeared first on Mortgage Strategy.
The Conveyancing Association (CA) has added conveyancing technology platform LMS as an affiliate member. LMS, which has more than 30 years of experience, works with a network of more than 4,000 law firms. It delivers a range of solutions, including LMS Panel Link, LMS Select,… The post The Conveyancing Association adds LMS as affiliate member appeared first on Mortgage Strategy.
Bradford retained pole position as the UK’s leading housing hotspot in the three months to July, according to the latest research from OnTheMarket. The property website’s Hotspots Index looks at the number of available sales properties over a quarter, comparing that against the volume of onsite activity,… The post Bradford retains crown as UK’s top homes hotspot: OnTheMarket appeared first on Mortgage Strategy.
This week’s top headlines: Chancellor considers replacing stamp duty with new property tax, and weighs up mansion tax for homes over £1.5m Explore these and other major industry updates below: Chancellor considers replacing stamp duty with new property tax: Report Chancellor Rachel Reeves is weighing… The post Mortgage Strategy’s Top 10 Stories: 18 Aug to 22 Aug appeared first on Mortgage Strategy.
There were few lenders making rate changes this week, but despite the reduced activity, there were a couple of prominent brands tweaking rates. And as Moneyfactscompare.co.uk finance expert Rachel Springall explains this movement led to a slight fall of 0.01% to the two- and five-year… The post Average five-year rate below 5% for first time since 2023: Moneyfacts appeared first on Mortgage Strategy.
