Clydesdale Bank will cut fixed-rate landlord and residential products by up to 51 basis points and has raised the price on one product, while Santander also lifts and reduces rates. Highlights of Clydesdale’s reductions, which come to market tomorrow, include: Core residential — including… The post Clydesdale Bank cuts prices by up to 51bps, Santander tweaks rates appeared first on Mortgage Strategy.
Quantum Mortgages has hired two business development managers who will cover the North of England and the Midlands. The broker-only lender says Nik Sukara (pictured), who covers the North of England, has “a strong track record in specialist lending”, having previously held senior business development… The post Quantum Mortgages hires two BDMs 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.
OSB Group reported that loan originations increased by 10% to £2.1bn in the first six months of the year compared to a year ago. The specialist lending group owns a range of firms, including OneSavings Bank, Kent Reliance and Precise Mortgages. The group’s net loan book grew 1.2%… The post OSB Group lifts advances 10% in H1, but BTL originations slide appeared first on Mortgage Strategy.
Pexa, the property exchange platform, is launching its full proposition to the UK market in September. The company is adding its sale & purchase capability to its existing remortgage platform. To officially launch and showcase its platform, PEXA is hosting a series of six regional… The post Pexa launches full property transaction proposition to market appeared first on Mortgage Strategy.
Barclays has cut a range of new residential fixed-rate products with prices starting at 3.75%, while also launching new products. The bank says its lowest price sees two-year purchase fixes at 60% loan to value, fall 11 basis points to 3.75%, with a £899… The post Barclays cuts rates with prices starting at 3.75% appeared first on Mortgage Strategy.
The Royal Institution of Chartered Surveyors has launched a six-week public consultation on updates to its key home survey standard. The Rics survey was developed to support consistency, raise standards, and deliver public confidence in the residential survey market. It was launched in 2021 after being… The post Rics launches home survey update consultation appeared first on Mortgage Strategy.
The price movements for new build properties in the UK are not consistent and the average price is proving too much for most first-time buyers. This is according to the latest data from Propertymark. It shows that average house prices for new instructions regarding newbuild… The post New build price moves uneven across UK and tough for FTBs appeared first on Mortgage Strategy.
Chancellor Rachel Reeves is considering a new tax on the sale of properties worth over £500,000 as part of wider stamp duty and council tax changes. Senior ministers, who have been briefed on proposals, have asked officials to look into how a new “proportional” property… The post Chancellor considers replacing stamp duty with new property tax: Report appeared first on Mortgage Strategy.
NatWest has launched a suite of additional borrowing loans allowing existing customers to apply for extra cash outside of their product transfer window and “at any time during their mortgage term”. The lender says the offer moves on from the previous system, where customers were only allowed… The post NatWest launches additional borrowing ‘anytime’ during mortgage term appeared first on Mortgage Strategy.
