Hinckley & Rugby for Intermediaries has promoted four members of its sales and distribution team. Lizzie Atkins has been promoted from internal sales team leader to sales team manager, taking on full oversight of both the phone and broker assist team. Atkins, who has been… The post Hinckley & Rugby promotes four staff appeared first on Mortgage Strategy.
NatWest will trim fixed-rate home loans by 13 basis points, while Darlington Building Society launches landlord products and lifts buy-to-let loan-to-value ratios. The high street bank will reduce rates across various product types, including purchase, remortgage, landlord, first-time buyer, shared equity, and green products,… The post NatWest trims fixes, Darlington BS launches landlord products appeared first on Mortgage Strategy.
Pepper Money is boosting its criteria for UK visa holders by accepting their incomes on applications up to 75% LTV. It provides UK visa holders direct access to Pepper Money’s broad residential product offering when at least one applicant has a permanent right to reside.… The post Pepper enhances criteria for UK visa holders appeared first on Mortgage Strategy.
Growth in spending on mortgages and rent slowed for the fourth consecutive month in June, the latest property data from Barclays show. Consumer spending on rent and mortgages rose by 4.3% in the year to June, down from 4.6% recorded over the year to May.… The post Inflation in housing costs slows for fourth month: Barclays appeared first on Mortgage Strategy.
UK Finance has backed calls that the Financial Ombudsman Service should be stopped from acting as a “quasi-regulator” and insists on a timetable of reform for the body. The move comes in the banking body’s submission to the government ahead of the Chancellor Rachel Reeves’… The post UK Finance calls for Financial Ombudsman Service reform timetable appeared first on Mortgage Strategy.
It was a week of rate reductions for fixed mortgages this week with certain lenders reintroducing sub-4% deals to the market. According to Moneyfacts’ latest data, average two-year fixes fell 0.03% to 5.06%, average three-year fixes tumbled 0.08% to 4.95% and average five-year fixes fell… The post Fixed rate reductions continue as sub-4% deals back on the market appeared first on Mortgage Strategy.
West Brom Building Society has announced cuts across its five-year fixed rate products. For those with a 10% deposit, the society’s five-year fixed rate has reduced by 0.28% to 4.40% with a £999 fee, while an alternative no-fee option is also available at 4.51%. West… The post West Brom confirms fixed rate reductions and reintroduces interest-only appeared first on Mortgage Strategy.
Mortgage Strategy’s Top 10 Stories of the Week This week’s top headlines include a Court of Appeal ruling that clarifies the definition of ‘arrears’ in a key mortgage case, and the FCA increasing broker fees by 2.4% for the year ahead. Explore these and other… The post Mortgage Strategy’s Top 10 Stories: 30 Jun to 04 July appeared first on Mortgage Strategy.
The housing department has launched a consultation on the “feudal” leasehold system to make management fees transparent and force property managers to qualify as professionals for the first time. The consultation will feed into secondary legislation that will be added to the Leasehold and… The post Labour opens review into ‘feudal’ leasehold fees and management appeared first on Mortgage Strategy.
Health and wellbeing issues have risen up the corporate agenda in the wake of the Covid pandemic. Many businesses now recognise the importance of supporting employee wellbeing, particularly in relation to mental health. This focus has been bolstered by national campaigns aimed at raising awareness… The post Cover feature: Wellbeing at work appeared first on Mortgage Strategy.
