Barclays has eased its affordability tests for borrowers, lowering the stress rate and increasing loan-to-income multiples. In an email to brokers the lender says the changes mean some clients will be able to borrow more. Barclays has reduced the stress rate on residential mortgages up… The post Barclays eases affordability restrictions appeared first on Mortgage Strategy.
Brickflow has added Pallas Capital to its panel of lender partners. The partnership provides brokers using the Brickflow platform with access to Pallas Capital’s development and bridging finance solutions. Pallas Capital’s development finance facilities includes loan sizes from £1m to £35m, up to 70% LTGDV and… The post Brickflow adds Pallas Capital to lending panel appeared first on Mortgage Strategy.
Brokers should consider whether clients are better off using a second charge loan to raise capital instead of locking into high rates on longer-term products, according to Loans Warehouse. The lender says that, particularly in the current market, brokers should be weighing up second charge… The post ‘Don’t ignore second charges,’ brokers are warned appeared first on Mortgage Strategy.
Rely, part of OneSavings Bank, has confirmed rate reductions across its range – including its limited edition products. The lender is offering a one-year fixed, 3.68% (down by 0.54%); a two-year fixed, 3.80% (down by 0.54%); and a five -year fixed, 4.73% (down by 0.49%).… The post Rate changes from Rely, Leeds BS and Clydesdale appeared first on Mortgage Strategy.
Leek Building Society, Precise Mortgages and Rely are cutting rates across several ranges by up to 49bps. Leek is cutting rates by up to 20bps on its residential 95% LTV range, with the same cuts applying to its limited company buy-to-let range and holiday let… The post Leek, Precise and Rely cut rates by up to 49bps appeared first on Mortgage Strategy.
This week’s top headlines: Virgin Money chief executive to retire as Nationwide deal completes and HTB launches BTL range with cheaper rates for lower risk deals. Explore these and other major industry updates below: Virgin Money chief executive to retire as Nationwide deal completes… The post Mortgage Strategy’s Top 10 Stories: 06 Apr to 10 Apr appeared first on Mortgage Strategy.
At the end of January, there was a clear sense of optimism in the property finance markets. Investor confidence was up, mortgage rates were going down, property price forecasts slanted more decisively upwards, and mortgage affordability was steadily improving. Most of the market figures were… The post Bridging Watch: Reliability comes into its own appeared first on Mortgage Strategy.
Sales of 100% mortgages hit a five-year high last year, with the North West and the South West the most popular regions for zero-deposit home loans. In the first three quarters of 2025 (January to September) sales of no-deposit mortgages reached a five-year high of… The post 100% mortgage sales hit five-year high appeared first on Mortgage Strategy.
How are you all doing? Are you all OK? I don’t know about you but I’m at a bit of a loss as to what to say, yet again, apart from using the glib term ‘shock and awe’. ‘Shock’ that for some reason 2026, worried… The post Market Watch: Yet more shocks? Cue our awesome response appeared first on Mortgage Strategy.
Principality Intermediaries has relaxed its eligibility for its 5.5x loan to income (LTI) feature for first time buyers. The updates include a reduction in the minimum loan size from £180,000 to £150,000. In addition, it has decreased the minimum income threshold from £40,000 to £30,000. This… The post Principality relaxes eligibility for 5.5x LTI feature for FTBs appeared first on Mortgage Strategy.
