The average monthly mortgage payment dropped by £119 in January compared to the same month last year, Rightmove has found. Its estimates are an indication of how the market has changed rather than an average of what borrowers are actually paying, as many borrowers will… The post Average mortgage falls by £119 per month: Rightmove appeared first on Mortgage Strategy.
Atom bank has confirmed cuts to its Near Prime mortgages available to borrowers with small deposits. All products available at 90% loan-to-value (LTV), for both purchase and remortgage, have been reduced by 0.10%, with the cuts applying from 19th February). As a result of the… The post Atom bank and April announce rate reductions appeared first on Mortgage Strategy.
The Bridging & Development Lenders Association (BDLA) has appointed Vic Jannels as non-executive chair. Jannels was previously BDLA chief executive but stepped down after the appointment of Adam Tyler at the start of the year. The newly-created non-executive chair position will see Jannels give strategic… The post BDLA appoints Vic Jannels as non-executive chair appeared first on Mortgage Strategy.
The general vista for buy-to-let (BTL) was clouded with uncertainty and reticence throughout the latter half of 2025. Landlords were wary of investing as the Renters’ Rights Bill proceeded through parliament, and they felt general trepidation ahead of the Autumn Budget. A further tightening of… The post Buy-to-Let Watch: A brighter outlook than we thought appeared first on Mortgage Strategy.
FCA chief executive Nikhil Rathi has acknowledged that looser mortgage rules could lead to “additional distress” if interest rates rise significantly in a candid new interview. Speaking on the Fairer Finance podcast, released today, Rathi also hinted that the regulator had come under pressure from… The post FCA boss talks mortgage risk trade-offs in candid chat appeared first on Mortgage Strategy.
