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.
