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 The products were withdrawn last month due to market volatility.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.
