Santander is the latest lender to announce rate increases, effective 22 July. The lender has said it will push prices up on fixes rates across its new business range. It also says there will be an expansion of its range with new 10-year fixes for… The post Santander becomes latest lender to push prices up appeared first on Mortgage Strategy.
New prime minister Andy Burnham has announced he will set out a 10-year plan for Britain later this year. Burnham becomes the UK’s seventh prime minister in just over a decade, taking on the role from Sir Kier Starmer. Today, Steve Reed also announced he… The post Burnham makes first speech as prime minister, Reed steps down as housing sec appeared first on Mortgage Strategy.
Overall gross rental yields strengthened to 7.02% by the end of June, compared to 6.96% at the end of Q1, Paragon’s data reveals. The lender’s Q2 buy-to-let (BTL) yields report found yields have been on an upward trajectory since the end of the Covid lockdowns,… The post Landlord gross yields strengthen during Q2: Paragon appeared first on Mortgage Strategy.
The debate about whether technology will disrupt the intermediary market is largely over. The more important question now is how quickly the market can move from interest and experimentation to confident, practical deployment. Technology has always changed the way brokers work, from mobile and email,… The post Blog: From disruption to deployment: helping brokers unlock the next phase of mortgage tech appeared first on Mortgage Strategy.
It’s a familiar pattern: as mortgage demand softens and brokers’ incomes start to dip, protection sales rise again. Networks consistently stress the importance of protection, yet the protection gap, between those who need cover and those who have it, is remarkably stubborn and appears to… The post Blog: reducing the barriers to protection sales appeared first on Mortgage Strategy.
Gen H has made rates decreases after the lender announced that swap rates have decreased. The lender has decreased all rates by 10 basis points, effective 20 July. It said: “We know it’s been a tough week. Two rate rises in quick succession is nobody’s… The post Gen H lowers prices, Keystone withdraws fixed rates appeared first on Mortgage Strategy.
This week’s top headlines: LSL appoints Nowosad as interim managing director and up to 100,000 unsold ex-rental homes could be left empty. Explore these and other major industry updates below: Nationwide and Virgin Money raise rates by up to 35bps Nationwide and Virgin Money… The post Mortgage Strategy’s Top 10 Stories: 13 July to 17 July appeared first on Mortgage Strategy.
Councils are failing to collect fines issued to rogue and criminal landlords, according to data from the National Residential Landlords Association (NRLA). That is despite an increase in the number of property inspections conducted by local authorities. The statistics, obtained under the Freedom of Information… The post Councils fail to collect fines from rogue landlords, says NRLA appeared first on Mortgage Strategy.
The price of average fixed-rate mortgages rose this week due to renewed turmoil in the Middle East, according to the latest Moneyfacts rate watch. The average two-year fixed rate rose from 5.46% last week to 5.5% on 17 July, whereas the typical average five-year fix… The post Average fixed rates rise due to Middle East turmoil: Moneyfacts appeared first on Mortgage Strategy.
Second charge mortgage new business volumes down 1% by volume and up 9% by value in May 2026, according to figures from the Finance & Leasing Association. There was £175 million of new business agreed in May, with 3,245 new agreements in the month. The… The post Second charge new business volumes fell by 1% in May: FLA appeared first on Mortgage Strategy.
