Tipton & Coseley Building Society has added a selection of 90% loan-to-value (LTV) products to its expat residential mortgage range. There are two- and five- year fixed rates available, plus a variable rate option presented as a two year discount. The Tipton’s two-year fixed residential… The post The Tipton adds 90% LTV products to expat resi range appeared first on Mortgage Strategy.
West Brom Building Society has expanded its residential mortgage offering with the launch of new interest only and discount variable products. For interest only options, the society has introduced a two-year fixed rate purchase product up to 60% loan-to-value (LTV) at 4.66% with a £999… The post West Brom expands resi range and reduces select 3 and 5-year fixes appeared first on Mortgage Strategy.
Mortgage lenders found that residential purchase and remortgage demand rose in Q2 but expect a drop in the next quarter, a survey from the Bank of England says. Lenders gave a net percentage balance score of 14.9% to demand in Q2, but expect that to… The post Purchase and remortgaging up in Q2 but decline forecast: BoE appeared first on Mortgage Strategy.
Year-on-year rental inflation reached its highest level in nearly two years in June at 6.5%, Goodlord’s rental index reveals. The index shows that in June the average cost of a rental property in England was £1,309 compared £1,229 12 months ago. The first five months… The post Rents jump in June as annual inflation hits highest level since 2024: Goodlord appeared first on Mortgage Strategy.
Atom bank has reduced rates across its Prime mortgage range. Rates have been reduced by 0.15% across the Prime mortgage range, following cuts of 0.15% in the middle of June. Rates now start at 5.14% for two- and three-year fixed rates at up to 85%… The post Atom trims prime prices, Foundation relaunches remo product and lowers rates appeared first on Mortgage Strategy.
Accord Mortgages has launched a dedicated larger loans service, designed to simplify and tailor the application journey for brokers with residential cases worth £1 million or more. The new service, which has been introduced following a small-scale pilot to test the concept, means that brokers… The post Accord launches dedicated larger loans service appeared first on Mortgage Strategy.
Lloyds Banking Group is axing the Halifax brand, which has been a high street name for 173 years. The UK’s biggest banking group has confirmed that existing Halifax customers will start to see their accounts rebranded to Lloyds, but it has not specified an exact… The post Halifax brand to disappear after 173 years appeared first on Mortgage Strategy.
One Mortgage System (OMS) has announced CRM contract renewals with Promise Money and Leith Mortgage Centre. The renewed agreements will see both firms continue using the OMS platform with the aim to improve efficiency levels and enhance their adviser and customer experiences. OMS’ CRM and… The post OMS secures CRM contract renewals with Promise Money and Leith Mortgage Centre appeared first on Mortgage Strategy.
A later life lending group has launched, combining Age Partnership, Pure Retirement and Advise Wise under the banner Sovereign Life Group. Each of the businesses will maintain their own brands and senior management teams, overseen by Jonathan Thirkill as group chief executive. Andrew Thirkill is… The post Three equity release firms combine to form Sovereign Life appeared first on Mortgage Strategy.
CHL Mortgages has launched a light refurbishment range. In the new range, two-year fixed rates start from 4.40% for single dwelling properties and 4.50% for HMO and MUFB properties with up to six bedrooms or units. Meanwhile, five-year fixed rates start from 6.11% for single… The post CHL Mortgages launches light refurb range appeared first on Mortgage Strategy.
