This week’s top stories: Former Metro heads breached rules on £7.4bn mortgage package and Reeves to set out 10-year multi-billion homes and infrastructure plan. Explore these developments and more: Banco Sabadell explores TSB sale Banco Sabadell, owner of TSB, is considering selling the UK lender… The post Mortgage Strategy’s Top 10 Stories: 16 Jun to 20 Jun appeared first on Mortgage Strategy.
Hope Capital has introduced a loan aimed at developers who want to convert commercial buildings into residential, or semi-commercial, properties. The specialist short-term lender says the exclusive loan has a flat rate of up to 70% loan to value at 0.92%, a reduction from the… The post Hope Capital launches mixed-use property loan appeared first on Mortgage Strategy.
Santander has introduced overpayments on product transfer loans to allow borrowers to get better deals. The high street bank says the move may lead to homebuyers getting “a better deal or reduce their monthly payment or term,” it tells brokers on its hub. It… The post Santander debuts product transfer overpayments appeared first on Mortgage Strategy.
Norton Home Loans has promoted Laura Percival to head of lending for its residential and second charge mortgage propositions. She has over a decade of experience within the Norton group, having worked across debt management, sales and lending, and has previously worked as underwriter, team… The post Norton Home Loans promotes Percival to head of lending appeared first on Mortgage Strategy.
Inheritance tax receipts for April and May came in at £1.5bn, up £98m, or 7%, from a year ago, according to the latest HMRC data. The department points out that annual receipts for this levy over the last 20 years have lifted partly due… The post IHT up 7% to £1.5bn in first two months of tax year: HMRC appeared first on Mortgage Strategy.
Stamp Taxes receipts for April 2025 to May 2025 were £3.2bn, which is £0.3 bn higher than the same period last year. This is according to the latest figures from HMRC which points out that the higher receipts in April 2025 compared to April 2024,… The post Homeowners stamp duty bill already £5.5bn for 2025 appeared first on Mortgage Strategy.
Plans to reform the private rented sector will be unworkable unless the government provides clear answers to basic questions. This is according to organisations representing individual landlords, build-to-rent providers and letting agents who are urging immediate action as the House of Lords scrutinises the Renters’… The post Rental reforms will be unworkable unless ministers provide clarity appeared first on Mortgage Strategy.
Gen H and Nottingham Building Society have extended their multi-year forward-flow funding partnership. The partnership, which was first established in 2022 has helped Gen H to expand its funding capacity and market presence. It has resulted in the creation of around 5,000 new homeowners funded… The post Gen H and Nottingham BS extend multi-year forward-flow funding partnership appeared first on Mortgage Strategy.
Mortgage Advice Bureau deputy chief Ben Thompson will step down from its board, as it appoints a chief operating officer amid a flurry of changes at the broker network. Thompson (pictured) will leave the board after seven years at the end of 2025 and move… The post Thompson steps down as MAB deputy CEO as it appoints Luengo to key role appeared first on Mortgage Strategy.
The majority of brokers (82%) disagree with Huw Pill’s comments that interest rates are falling too fast, a Landbay poll reveals. In a poll, the specialist buy-to-let lender asked mortgage intermediaries if they agreed with Pill, the Bank of England’s chief economist, that interest rates… The post Majority of brokers reject Pill’s rate cut concerns: Landbay appeared first on Mortgage Strategy.
