Day: June 17, 2026

Construction recovery on course despite rocky start to 2026, says Glenigan

The UK construction industry is expected to rebound strongly over the next two years despite a turbulent start to 2026, according to the latest forecast from Glenigan. Published today, Glenigan’s Summer 2026 Construction Forecast predicts that construction activity will increase by 13% between 2026 and… The post Construction recovery on course despite rocky start to 2026, says Glenigan appeared first on Mortgage Strategy.

Comment: Rent controls: a policy doomed to fail

Calls for rent freezes returned to the political agenda recently when Rachel Reeves declined to rule out such intervention as a means of tackling rising housing costs. The chancellor’s comments reignited a long-running debate. Possible contenders for Labour leadership Andy Burnham and Mayor of London… The post Comment: Rent controls: a policy doomed to fail appeared first on Mortgage Strategy.

Nomo joins Paradigm’s lender panel

Shariah-compliant, cross-border bank, Nomo, has joined the lender panel of mortgage distributor, Paradigm Mortgage Services. Nomo provides Shariah-compliant residential and BTL property finance to residents of Kuwait, UAE, Saudi Arabia, Qatar and Bahrain who are looking to purchase or refinance property in the United Kingdom… The post Nomo joins Paradigm’s lender panel appeared first on Mortgage Strategy.

Interest-only stock shrinks 18% in a year: UK Finance

The number of outstanding interest-only mortgages shrank by almost 18% to 445,000 by the end of 2025 compared to 2024, UK Finance data shows. Outstanding mortgages on a part interest-only and part repayment also fell by just over 10% to 156,000 over the same period.… The post Interest-only stock shrinks 18% in a year: UK Finance appeared first on Mortgage Strategy.

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