This week’s top headlines: Burnham rules out change to stamp duty in next budget and Aldermore raises max LTV to 98%. Explore these and other major industry updates below: Ex-Connells chief wins fiery age discrimination and unfair dismissal cases Former Connells chief executive David Livesey… The post Mortgage Strategy’s Top 10 Stories: 27 July to 31 July appeared first on Mortgage Strategy.
Paragon Bank has cut rates by 15bps across a selection of five-year fixed-rate buy-to-let mortgages. The cuts apply for landlords purchasing or remortgaging single self-contained properties (SSCs), houses in multiple occupation (HMOs) and multi-unit blocks (MUBs). The refreshed range includes products at 60%, 70%, 75%… The post Paragon cuts five-year buy-to-let rates by 15bps appeared first on Mortgage Strategy.
The average new fixed-rate mortgage price rose to 5.59% this week, according to the latest Moneyfacts rate watch. Moneyfacts said this was a rise of 4bps from 5.55% at the same time last week. The average new five-year fixed mortgage rate at 95% LTV has… The post Fixed-rate mortgage prices rise this week, with more to come: Moneyfacts appeared first on Mortgage Strategy.
More than 1.5 million homes across the UK could be declined for a standard mortgage by high street lenders because they fall outside traditional lending criteria, according to research from Together. The study estimates that around 6% of the UK’s 28 million residential properties would… The post More than 1.5 million UK homes deemed ‘unmortgageable’, Together finds appeared first on Mortgage Strategy.
UK residential property transactions increased slightly in June, with completed sales rising above levels seen a year earlier, according to the latest provisional figures from HM Revenue & Customs (HMRC). The seasonally-adjusted estimate shows there were 98,700 residential transactions in June 2026, marginally higher than… The post UK house sales edge up in June, says HMRC appeared first on Mortgage Strategy.
