The housing minister has warned that leasehold is unlikely to be abolished until after the next election. Green Party leader Zack Polanski has blasted Labour for u-turning on its original pledge, dropped in the run up to the last election, to abolish leasehold within its… The post Minister signals leasehold unlikely to end before election appeared first on Mortgage Strategy.
The mortgage market reacted with acceptance to the Bank of England’s decision to hold base rate at 3.75% today. The Bank’s Monetary Policy Committee (MPC) voted unanimously to keep base rate at its current level. The decision to hold base rate came as most MPC… The post MPC decision: Market agrees with Bank of England base rate hold appeared first on Mortgage Strategy.
The Bank of England has held the base rate at 3.75%. The Monetary Policy Committee voted by majority of 8-1 in favour of holding the rate. Prior to the ongoing conflict in the Middle East, the BoE was expected to cut base rate by at… The post MPC decision: Bank of England holds rate at 3.75% appeared first on Mortgage Strategy.
Buckinghamshire Building Society has launched a new range of three-year fixed mortgage products. The new three-year products include an everyday residential first-time buyer up to 95% loan-to-value (LTV) at 5.99% with no product fee and a everyday residential next time buyers up to 95% LTV… The post Bucks BS launches range of three-year fixes appeared first on Mortgage Strategy.
Principality is increasing product transfer rates by up to 25 basis points tomorrow, but Accord is lowering buy-to-let transfers by up to 58bps. Meanwhile, HSBC’s previously-announced reductions of up to 31bps have taken effect today. At Principality, many of its residential two, three and five-year… The post Principality PTs rise by 25bps, Accord and HSBC cuts revealed appeared first on Mortgage Strategy.
Mortgage market participants are expecting the Bank of England base rate to hold at 3.75% but say a rise should not be ruled out. In the last BoE Monetary Policy Committee meeting in March, members voted unanimously to keep base rate at 3.75%. The decision… The post Market expects BoE to hold base rate but a rise not ruled out: MPC Preview appeared first on Mortgage Strategy.
More than 28,000 landlords used section 21 to make evictions last year, according to Ministry of Justice data. The data shows that 28,598 accelerated possession claims were made in 2025 – a process that relied entirely on section 21 and will be abolished under the… The post Over 28,000 landlords used section 21 evictions last year appeared first on Mortgage Strategy.
GB Bank’s chief executive Mike Says will retire from his role at the end of April and will be succeeded by Eddie Trahearn, currently chief strategy and financial officer, subject to regulatory approval. Since joining in 2021, Says has led the bank from pre-authorisation to… The post GB Bank appoints Trahearn as chief exec as Says retires appeared first on Mortgage Strategy.
Barclays and HSBC have joined numerous lenders to cut rates this week. Barclays is lowering prices by up to 19 basis points, launching new products but also increasing rates on some deals by up to 11bps tomorrow. Some of the most notable changes are to… The post Barclays and HSBC join in with rate cuts appeared first on Mortgage Strategy.
Suffolk Building Society will reintroduce four five-year fixed products, effective tomorrow. The products were withdrawn last month due to market volatility. The lender’s five-year fixed rate residential mortgage is available at 5.75%, up to 90% loan-to-value (LTV) and the five-year fixed rate buy-to-let (BTL) mortgage… The post Suffolk reintroduces BTL and resi 5-year fixes appeared first on Mortgage Strategy.
