Vernon Building Society has reported a significant uplift in later life lending, following last year’s refresh, with retirement interest-only (RIO) products. First quarter later life lending increased by 215% in 2026 compared with 2025, building on strong momentum from 2025, when lending rose by 107%… The post Vernon BS sees sharp rise in later life lending appeared first on Mortgage Strategy.
Principality Intermediaries will increase and decrease rates across its mortgage range. Rates will rise across residential, residential with cashback, trackers, new build, joint borrower sole proprietor, buy-to-let (BTL) and holiday let products. The lender’s residential five-year fixed rates at 65%, 75%, 80%, 85% and 90%… The post Principality Intermediaries makes mix of rate changes appeared first on Mortgage Strategy.
Glenhawk has appointed Josh Knight as managing director of sales and marketing. Knight will lead the lender’s sales, marketing and product teams and will be responsible for its commercial strategy. He joins from Octane Capital, where he spent more than eight years as sales and… The post Glenhawk hires managing director of sales and marketing appeared first on Mortgage Strategy.
NatWest will now lend high earners up to 6.5 times their income in its latest affordability boost. The lender has told brokers today by email that it has increased its maximum loan-to-income threshold for joint applications earning over £150,000. It will restrict the upper loan-to-value… The post NatWest raises max LTI to 6.5x for high earners appeared first on Mortgage Strategy.
Planning applications remain at their lowest level in over a decade, Landmark data reveals. Landmark’s analysis shows that planning activity has declined each year since its post-pandemic peak in 2021, which it says reflects both ongoing structural constraints within the planning system as well as… The post Planning applications hit record low: Landmark appeared first on Mortgage Strategy.
