Month: August 2026

Fraudulent tenancy applications could be exposing the UK’s private rented sector to up to £4.1 billion in financial losses every year, Goodlord research reveals. Goodlord’s research analysed data from over a million tenant references over the last two years and found that 41 tenancy applications… The post Tenancy fraud rise exposing UK rental sector to losses of up to £4.1bn each year: Goodlord appeared first on Mortgage Strategy.

July’s remortgage activity continued to strengthen, while purchase and buy-to-let (BTL) searches in the month eased as borrowers navigated affordability pressures and the usual summer slowdown, Twenty7tec data reveals. Twenty7tec’s latest Mortgage Market Snapshot recorded 1,790,196 mortgage searches during July, up 1% on June and… The post Remortgage searches rise 7% in July: Twenty7tec appeared first on Mortgage Strategy.

The annual salary required to rent an average-priced home in London jumped by 6.4% year on year to £74,520 in July. The latest salary and rental tracker from Propertymark shows that the capital recorded the strongest monthly growth in average rents of all UK regions,… The post London tenants need £75K salary to afford average rental home appeared first on Mortgage Strategy.

ProConvey and Thirdfort have expanded their partnership to end repeated ID checks during home moves. Under the expanded partnership, Thirdfort Identity verification is now embedded within ProConvey’s Fast Track Sale for estate agents and conveyancers, completed by the seller at the point their property is… The post ProConvey and Thirdfort expand partnership appeared first on Mortgage Strategy.

HSBC is cutting rates across its residential and buy-to-let ranges tomorrow, following moves by other major lenders. The bank does not give brokers advance notice of the scale of any cuts, but scores of rates are set to fall in the reprice. Santander announced rate… The post HSBC to make sweeping cuts tomorrow appeared first on Mortgage Strategy.

For all the attention given to finance, legal work and transaction times, there’s a danger that one crucial part of homebuying reform gets overlooked, the property itself. Any given property, especially a home, is not simply a collection of data points to be added to… The post Blog: Homebuying reform must keep the property at its heart appeared first on Mortgage Strategy.

NatWest is making more than 200 rate cuts across its new business range on Monday, with prices falling by up to 24 basis points, but some existing customer rates are rising. The lender is following in the footsteps of Nationwide and Barclays, which also lowered… The post NatWest to cut more than 200 rates on Monday appeared first on Mortgage Strategy.

Santander is cutting 230 rates by up to 25 basis points on Tuesday across both residential and buy-to-let products. It follows previous rate cut announcements by NatWest this morning and by Nationwide, Barclays and others earlier this week. Yet Halifax was one of a number… The post Santander to cut rates on 230 products by up to 25bps appeared first on Mortgage Strategy.

Divergent lender strategies have sent mixed signals across the mortgage market, as Nationwide prepares to lower rates by up to 19bps while Halifax pushes through increases despite its competitor’s cuts. Explore these and other major industry updates below:  Nationwide to lower rates by up… The post Mortgage Strategy’s Top 10 Stories: 3 Aug to 7 Aug appeared first on Mortgage Strategy.

Average fixed rates showed little movement over the past week, but the two-year rate is now 17 basis points higher than last month at 5.63%. The latest rate watch figures from Moneyfacts show the average two-year fixed rate remained flat week on week at 5.63%,… The post Average 2-year fix jumps 17bps in a month: Moneyfacts appeared first on Mortgage Strategy.