UK inflation has increased to 3.4% in the 12 months to December, the Office for National Statistics reveals. December’s figures was 0.2% higher than the 3.2% reported in November. Alcohol and tobacco, and transport made the largest upward contributions to the monthly change. While today’s… The post Inflation rises to 3.4% in December: ONS appeared first on Mortgage Strategy.
NatWest will reduce rates on new business, existing customer and additional borrowing product ranges, effective 22 January. Purchase deals will be lowered by as much as 11 basis points, these include 60% LTV fixed rates, which will go down from 3.62% to 3.56% with a… The post NatWest to cut new business and existing customer rates, Newcastle trims prices appeared first on Mortgage Strategy.
Vernon Building Society has reduced rates by up to 0.16% across 11 variable (discount) mortgage products. The rate reductions include the Vernon’s complex prime two-year discount 80% loan-to-value (LTV) mortgage, which has been reduced from 4.65% to 4.49%. In addition, the discount BTL two-year mortgage… The post Vernon BS lowers variable rates by up to 0.16% appeared first on Mortgage Strategy.
TMG Mortgage Network has appointed Jasmine Smith as head of sales and recruitment. Smith joins from Melton Building Society, where she worked for 10 years. Most recently, she served as key account manager, where she worked closely with intermediary firms across the UK mortgage market.… The post TMG Mortgage Network hires Smith as head of sales and recruitment appeared first on Mortgage Strategy.
Kensington, United Trust Bank and Market Harborough Building Society are the latest lenders to cut rates this week. At Kensington, two and five-year fixed rates in its buy-to-let prime and core ranges are falling by up to 25 basis points. Following the changes, which also… The post Kensington, UTB and Market Harborough join rate cuts appeared first on Mortgage Strategy.
