These are exciting times for the market. Change is happening fast, driven by price competition and rapid innovation across every part of the industry. A major force behind this shift is the intense price competition among the big six lenders. As they battle over margins,… The post Blog: Creativity, innovation and – most important of all – advice appeared first on Mortgage Strategy.
Stamp duty relief for downsizers could free up over half a million homes within just 12 months, according to new research from national estate agency Jackson-Stops. The research, which looks at the impact of the property tax on older homeowners, found that over a fifth… The post Stamp Duty break for downsizers could unlock 500,000 homes a year appeared first on Mortgage Strategy.
Barclays and Clydesdale Bank are cutting mortgage rates by as much as 26 basis points tomorrow, with a number of Barclays’ deals dropping below 4%. In Barclays’ remortgage range, a two-year fixed rate at 75% LTV will reduce by 15bps from 4.14% to 3.99%, with… The post Barclays cuts more deals below 4%; Clydesdale slashes rates appeared first on Mortgage Strategy.
First-time buyer affordability is being stretched further as increased borrowing is not keeping pace with house prices, new data from Acre suggest. The mortgage platform’s analysis of 14m affordability searches in the first half of 2025, show that first-time buyers are borrowing an average of £240,299,… The post FTB borrowing not keeping up with house prices: Acre appeared first on Mortgage Strategy.
Atom has launched a number of near-prime products with rates from 5.09%. The deals come with a £1,500 arrangement fee and are available at up to 90% loan-to-value. The range includes both purchase and remortgage deals. Two-year fixes start from 5.09%, while three and five-year… The post Atom launches near-prime deals appeared first on Mortgage Strategy.
Loan originations platform Mast has joined the Equity Release Council. The new technology member says its platform features, which include, a built-in policy engine and real-time feedback, aim to support later life lender market growth. Equity Release Council chief executive Jim Boyd says: “While customers are… The post Loan originations platform Mast joins Equity Release Council appeared first on Mortgage Strategy.
Large lenders will be able to top their current 15% loan-to-income ratio limits to allow for greater mortgage lending, under new guidance from a key Bank of England committee. The Financial Policy Committee says that “individual lenders [should be allowed] to increase their share… The post Large lenders able to top key LTI 15% limit, says regulator appeared first on Mortgage Strategy.
Simplybiz has announced it will help its member firms with the preparation and submission of data for the FCA’s recent information request. The survey, sent in early July by the FCA to all firms with advisers who undertake investment activities, forms part of the regulator’s… The post Simplybiz offers support on FCA data request submissions appeared first on Mortgage Strategy.
Nationwide becomes the latest major lender to cut fixed-rate home loans, with prices starting from 3.84%. The mutual will cut fixes by up to 20 basis points across selected two-, three- and five-year products from tomorrow. Highlights include: Switcher — Selected two-, three- and… The post Nationwide joins lender cuts with rates starting at 3.84% appeared first on Mortgage Strategy.
Mortgage applications jumped almost 42% in June compared to a year ago, according to the latest market update from Stonebridge network. Borrowers are on average £888 a year better off, as mortgage rates have fallen by 62 basis points over the past year, it found.… The post Mortgage applications jump 42% in June: Stonebridge appeared first on Mortgage Strategy.
