This week’s top headlines: Nationwide Building Society is expected to axe 600 jobs and Halifax brand to disappear after 173 years. Explore these and other major industry updates below: Nationwide ‘set to axe 600 jobs’ Nationwide Building Society is reportedly consulting on around 600… The post Mortgage Strategy’s Top 10 Stories: 29 June to 03 July appeared first on Mortgage Strategy.
The Financial Conduct Authority recently warned that too many consumers only consider later life lending when they are already under financial pressure. At the same time, we’re seeing another significant change in the housing market – the growing number of first-time buyers in their 50s… The post Blog: The biggest barrier to later life lending isn’t affordability, it’s shame appeared first on Mortgage Strategy.
The lender view Rachel Geddes, strategic lender relationship director at Mortgage Advice Bureau, interviews Jeremy Duncombe, managing director of Accord Mortgages. Geddes: How do you see ongoing lender innovation reshaping opportunities for first‑time buyers? Duncombe: Since the withdrawal of Help to Buy, first-time buyers have… The post Helping FTBs navigate today’s market (part two) appeared first on Mortgage Strategy.
Average fixed-rate mortgage prices have dropped to their lowest level since March, according to the latest Moneyfacts rate watch. Moneyfacts found that the typical two-year fix is now 5.51%, down 4bps from 5.55% last week. Meanwhile the average five-year fix dropped 3bps, also to 5.51%,… The post Average fixed rates now the lowest since March: Moneyfacts appeared first on Mortgage Strategy.
The broker view –Jeremy Duncombe managing director of Accord Mortgages interviews Rachel Geddes, strategic lender relationship director at Mortgage Advice Bureau. They look at the crucial role played by brokers in helping first time buyers to understand their options. Duncombe: How often do you… The post Blog: Helping FTBs navigate today’s market (part one) appeared first on Mortgage Strategy.
