Reports that the Chancellor is looking at plans to add a mansion tax to homes worth over £1.5m could destabilise the current market for higher value homes. One measure being weighed up by the Treasury is to end the longstanding capital gains tax exemption… The post Mansion tax may hit current high-value homes market, says industry appeared first on Mortgage Strategy.
Bond yields hit a two-month high as investors view any further interest rate cuts this year as unlikely. Two-year bond prices jumped to their highest level since 9 June, rising three basis points to around 3.999%, as markets priced in later rate cuts by… The post Bond yields rise with markets gloomy on further 2025 rate cuts 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.
TSB has cut residential fixed-rate loans by up to 30 basis points, Keystone Property Finance reduces selected expat rates by up to 40bps, while Gatehouse Bank has announced a rental rate reduction of 25bps across its buy-to-let purchase plans. The high street bank says its… The post TSB, Keystone and Gatehouse Bank cut rates appeared first on Mortgage Strategy.
LendInvest has introduced fee-free selected products, while Suffolk Building Society will cut expat landlord rates by up to 16 basis points. The fintech platform says selected new purchases and remortgages across a range of property types will carry no product fees. It also launches a… The post LendInvest intros fee-free loans, Suffolk BS trims expat rates by up to 16bps appeared first on Mortgage Strategy.
Borrowers leaned towards short-term deals in July as the remortgage market saw a sharp rise in completions, according to the latest LMS Monthly Remortgage Snapshot. The report shows that 46% of borrowers opted for two-year fixed rate products, compared with 41% who chose five-year fixes.… The post Two-year fixes dominate as remortgage completions soar 71% appeared first on Mortgage Strategy.
The advertising watchdog has ruled that a national newspaper advert by Lloyds Bank which stated “£19.5bn for social housing… And that’s just the start” was misleading. The advert, published in The Times on 25 March, featured a black horse galloping past new homes under construction.… The post Lloyds rebuked over ‘misleading’ £19.5bn social housing ad claims appeared first on Mortgage Strategy.
English homebuyers have seen their stamp duty payments jump over 20% to £8bn this year, according to Coventry Building Society’s analysis of the latest HMRC statistics, with properties in all parts of the country now liable to pay the tax. The mutual says: “While… The post New stamp duty threshold pulls new regions into tax: Coventry BS appeared first on Mortgage Strategy.
Aldermore has rolled out two new five-year limited edition buy-to-let homeloans, available immediately. The new deals, both carrying a 5% fee, include a five-year fixed rate at 4.34% up to 75% LTV for individual and company landlords with single residential investment properties. Also a five-year… The post Aldermore unveils pair of five-year BTL homeloans from 4.29% appeared first on Mortgage Strategy.
Average UK house prices increased by 3.7%, to £269,000, in the year to end of June 2025, with this annual growth rate up from 2.7%, in the 12 months to May 2025. These figures come from the latest Office for National Statistics (ONS) UK House… The post Average UK house price up by 3.7% for year to June: ONS appeared first on Mortgage Strategy.
