Foundation has launched of a series of limited edition buy-to-let products across its F1, HMO and holiday let ranges. Within its F1 range, Foundation has added limited edition two- and five-year, fixed-rate products. Offered at rates of 5.59% for the two-year fix, and 5.99% for… The post Foundation launches limited edition BTL products appeared first on Mortgage Strategy.
The Mortgage Strategy roundtable: The Protection Gap – Moving from Awareness to Action is taking place on 6 May in London. Contributors at the roundtable will include insurers, protection advisers and industry bodies. To ensure we cover broker concerns about the protection market, we have… The post Mortgage Strategy Protection Gap Survey- Moving from Awareness to Action appeared first on Mortgage Strategy.
The Building Societies Association (BSA) has welcomed the Financial Policy Committee (FPC) lowering lenders’ capital requirements – and has questioned whether the regulator could go further. The FPC announced it would lower its benchmark capital requirements for UK lenders to 13% of risk-weighted assets, down… The post BSA hails lower capital rules – but calls for more with lower-risk mortgages appeared first on Mortgage Strategy.
The number of probate cases taking more than six months has jumped by 140% since the pandemic, delaying many families from selling their late relative’s homes and distributing other assets. Freedom of Information requests by adviser network Quilter show that the number of probate cases… The post Rise in probate delays bringing home sales to a halt appeared first on Mortgage Strategy.
The Right Mortgage & Protection Network has appointed Samantha Roe from HL Partnership as compliance manager. Roe will be the primary point of contact for appointed representatives within her allocated area, managing the training and competence programme and ensuring compliance with both company and regulatory… The post The Right Mortgage network hires Roe as compliance manager appeared first on Mortgage Strategy.
Rising house prices are among the causes of a 12% increase in inheritance disputes last year, according to TWM Solicitors. There were more than 11,500 applications to halt the administration of estates filed last year, a 12% increase on 2024, according to Surrey-based TWM. Data… The post Rising house prices fuel inheritance disputes appeared first on Mortgage Strategy.
Afin Bank has announced it is offering free legal fees on successful remortgage applications submitted before the end of May. The bank says borrowers could save at least £900 on standard legal fees for mortgages under £1 million, while loans between £1 million and £2… The post Afin Bank offers free legal fees on remortgages appeared first on Mortgage Strategy.
This week’s top headlines: FCA and PRA consider relaxing high-LTI lending rules and UK Finance’s Roe to step down as director of mortgages. Explore these and other major industry updates below: FCA and PRA consider relaxing high-LTI lending rules The FCA and PRA are… The post Mortgage Strategy’s Top 10 Stories: 30 Mar to 03 Apr appeared first on Mortgage Strategy.
More lenders have revealed price changes ahead of the Easter bank holiday weekend. Shawbrook has repriced its product transfer deals with immediate effect and Kensington is making rate changes on Wednesday across parts of its residential range. It comes as figures from Moneyfacts today revealed… The post The latest lender rate changes ahead of Easter appeared first on Mortgage Strategy.
Mortgage rates continued to rise sharply this week, with more than 30 lenders increasing rates, launching or withdrawing products, according to the latest Moneyfacts rate watch. The average mortgage rate rose from 5.66% on Monday to 5.76% today, its highest level since January 2024. The… The post Mortgage rates keep climbing as lender repricing continues appeared first on Mortgage Strategy.
