Two things are happening in the London office market right now that seem contradictory: record rents and record vacancies are being reported at the same time. This paradox, however, is reflective of one market split in two, creating two streams of opportunity for landlords willing… The post Commercial Watch: Paradox in London offices appeared first on Mortgage Strategy.
Santander will increase most fixed rates and selected tracker rates across its new business range. In addition, Santander is increasing some residential fixed rates in its product transfer range. The increases will come into effect on 29 July. Santander confirmed there will be no changes… The post Santander pushes prices up, Vida withdraws new business and PT products appeared first on Mortgage Strategy.
If Andy Burnham’s assumption of office is meant to usher in a new era, it’s begun with the same old mistakes made by the short-lived leaders of recent years. That is, with promises of big disruptive change casting a cloud of uncertainty across the market.… The post Blog: New era or a repeat of old mistakes? appeared first on Mortgage Strategy.
Almost one in five (19%) UK adults have used a credit card or personal loan to fund private healthcare, The Exeter reveals. The Exeter’s Consumer Health and Finance Tracker data points to a growing number of people taking on debt to cover healthcare costs they… The post Around one in five adults take out loans to cover private healthcare: The Exeter appeared first on Mortgage Strategy.
Halifax, BM Solutions, TSB and Leeds Building Society are increasing rates tomorrow by up to 20 basis points. At Halifax, remortgage rates on selected two, three and five-year fixed rates are rising by up to 20bps. Homemover and first-time buyer rates will climb by up… The post Halifax, BM Solutions, TSB and Leeds to raise rates again appeared first on Mortgage Strategy.
Tipton & Coseley Building Society will once again lend at up to 6.5x income. The building society has reintroduced high income multiple lending, which it last offered in early June. High income multiple mortgages are for customers who can demonstrate a greater borrowing capability. In… The post Tipton & Coseley returns to lending at up to 6.5x income appeared first on Mortgage Strategy.
Mortgage Brain has integrated Uinsure into its CRM Brain platform, letting brokers offer insurance quotes automatically as part of the mortgage application process. The integration means that, once a mortgage application has been submitted through CRM Brain, brokers will be prompted to ask their client… The post Mortgage Brain deal lets brokers offer insurance automatically appeared first on Mortgage Strategy.
This week’s top headlines: Surge in switching following FCA rule change and Rayner returns to Housing Secretary role. Explore these and other major industry updates below: Surge in switching following FCA rule change: Stonebridge New FCA affordability rules are helping more borrowers switch to… The post Mortgage Strategy’s Top 10 Stories: 20 July to 24 July appeared first on Mortgage Strategy.
Average fixed-rate mortgage prices are back to June levels as more than a dozen lenders repriced this week, according to Moneyfacts. The average two-year mortgage rose 9bps to 5.59%, compared to 5.5% last week, the latest Moneyfacts rate watch found. Meanwhile the typical five-year fix… The post Average fixed rates rise to June levels as lenders rush to reprice: Moneyfacts appeared first on Mortgage Strategy.
Nationwide, HSBC UK and Kensington Mortgages are all raising rates in the coming days. Nationwide has increased rates across its existing business range from today, 24 July. The increases are mostly on switcher and additional borrowing products. Nationwide’s two-year fix at 75% LTV is now… The post Nationwide, HSBC and Kensington raise rates appeared first on Mortgage Strategy.
