Cladding, social housing and leasehold were all mentioned as focuses for the government by King Charles III in today’s King’s Speech. The annual speech sets out rough parameters for where a government’s priorities lie, but no hard policies. Speaking at the state opening of parliament,… The post Cladding, leasehold and social housing all mentioned in King’s Speech appeared first on Mortgage Strategy.
Foundation has relaunched of a number of products withdrawn earlier this year and made rate cuts to MUFB and holiday let products. The changes include the return of the lender’s ERC3 fixed-rate product, which only has early repayment charges for three years of the five-year… The post Foundation relaunches BTL products and cuts rates appeared first on Mortgage Strategy.
The FCA has made two permanent appointments to its executive team. Johan Sekora will join the FCA next month as chief operating officer, relocating from Stockholm. Simon Walls takes up a permanent role as executive director for market after carrying out the same duties on… The post FCA names new senior execs appeared first on Mortgage Strategy.
Demand for housing is weakening, with both buyers and property professionals facing a market showing increasing signs of stagnation. Demand is not collapsing outright, but housebuyers have turned cautious, with experts now predicting a prolonged period of decline. The latest survey from the Royal Institution… The post News Analysis: Purchasers turn cautious appeared first on Mortgage Strategy.
TSB and West Brom are cutting prices, with some deals falling by as much as 26 basis points. At TSB, the biggest reductions are on residential two-year fixed rates for purchase at up to 75% loan-to-value, which are falling by up to 20bps. Five-year fixes… The post TSB and West Brom cut prices by up to 26bps appeared first on Mortgage Strategy.
