Month: February 2026

Chancellor hails NatWest £10bn social housing pledge

Chancellor Rachel Reeves has praised NatWest’s promise of £10 billion in funding for social housing by the end of 2028. The bank said that “recent government commitments” would unlock development and speed up delivery of social housing. In response, NatWest is prepared to lend more… The post Chancellor hails NatWest £10bn social housing pledge appeared first on Mortgage Strategy.

Blog: PRS can rise to mammoth MEES challenge

1,459. That’s the number of private rented sector properties that will need upgrading every single day if landlords are to meet the Government’s new minimum energy efficiency standard (MEES) by 1 October 2030. With 1,713 days between the launch of the Warm Homes Plan and… The post Blog: PRS can rise to mammoth MEES challenge appeared first on Mortgage Strategy.

Clydesdale Bank becomes latest lender to hike rates

Clydesdale Bank is increasing prices on its residential fixed rates. Across its core residential purchase and remortgage rates, the bank will increase its two-year fixed rates at 85% loan-to-value (LTV) for capital and interest only loans less than £1m by up to 0.22% and two-year… The post Clydesdale Bank becomes latest lender to hike rates appeared first on Mortgage Strategy.

Cost of conveyancing fell 3% in the final quarter of 2025

The average cost of conveyancing in the UK fell by 3.2% between Q3 and Q4 2025, according to research by Reallymoving. The cost home movers paid for conveyancing services fell by 3.2% quarter-on-quarter in the final three months of 2025, as housing market activity slowed… The post Cost of conveyancing fell 3% in the final quarter of 2025 appeared first on Mortgage Strategy.

Redwood welcomes back Finnigan to business development team

Redwood Bank has appointed Chris Finnigan to its business development team. Finnigan rejoins after spending a a brief period away from the organisation. He previously spent more than eight years at Redwood during its early growth. In his role, Finnigan will focus on helping brokers… The post Redwood welcomes back Finnigan to business development team appeared first on Mortgage Strategy.

Leeds appoints Hartwell as BDM to strengthen mortgage distribution team

Sarah Hartwell joins Leeds Building Society with over 20 years of industry experience, having held BDM and National Account Manager roles at Northern Rock, Nationwide, TML, Vida, and Foundation. Hartwell will be on hand to support the lender’s intermediary partners across Bath, Bristol, Cardiff and… The post Leeds appoints Hartwell as BDM to strengthen mortgage distribution team appeared first on Mortgage Strategy.

Precise removes minimum equity and raises interest only to 75% LTV

Specialist lender Precise has upgraded its residential interest-only offering, aiming to give brokers more flexibility. The lender has increased interest-only availability from up to 65% LTV to up to 75% LTV, and has removed the minimum equity requirement. The latter applies where the repayment strategy… The post Precise removes minimum equity and raises interest only to 75% LTV appeared first on Mortgage Strategy.

Santander launches five-year 98% LTV mortgage for FTBs

Santander has launched a 98% loan-to-value (LTV) five-year fixed rate mortgage product available exclusively to first-time buyers. The ‘My First Mortgage’ product will launch with a rate of 5.19% with no fee and comes with £250 cashback. It also requires a minimum £10,000 deposit, with… The post Santander launches five-year 98% LTV mortgage for FTBs appeared first on Mortgage Strategy.

Buckinghamshire BS expands credit revive range

Buckinghamshire Building Society has extended its Credit Revive range with three new products designed to support borrowers with historic credit issues – including buy to let landlords and those borrowing into later life. The new additions are: Buy to Let Credit Revive fixed 5.69% to… The post Buckinghamshire BS expands credit revive range appeared first on Mortgage Strategy.

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