In just a few days we have seen nearly 10,000 mortgage product updates — and the number continues to rise. That level of movement is not typical. It reflects a market reacting quickly to external pressures, with global instability feeding through into funding costs, swap… The post Tech Watch: Sourcing alone is no longer enough appeared first on Mortgage Strategy.
Leeds Building Society has expanded its income plus mortgage range, extending higher income multiples to support homeowners looking to take their next step up the property ladder. The mutual has enhanced its affordability assessments to allow borrowing of up to six times loan to income… The post Leeds BS expands income plus mortgage range to support next steppers appeared first on Mortgage Strategy.
The average cost of renting a room across the UK has flatlined year on year at £747 per month, almost unchanged from £746 in 2025. Figures from rental website SpareRoom show the picture is consistent across much of the UK. The South West was the… The post Room rents flatline ahead of new rules: SpareRoom appeared first on Mortgage Strategy.
Vernon Building Society has appointed Louise Thorpe to the newly-created role of chief customer officer (CCO). The building society said the appointment would strengthen its executive team as it targets sustainable growth. Thorpe has been working in financial services for more than 22 years, starting… The post Vernon Building Society hires first chief customer officer appeared first on Mortgage Strategy.
Principality Building Society is increasing some rates by up to 23 basis points tomorrow and reducing others. The lender is raising prices on a number of residential deals. Among the increases, a three-year fixed at 65% loan-to-value is going up by 23bps, while two-year fixed… The post Principality raises some rates by 23bps while trimming others appeared first on Mortgage Strategy.
