HSBC UK will be increasing rates across its ranges from 7 September, though it has not yet said by how much. These will apply to residential first-time buyers, home movers, remortgagors, buy-to-let and more. Trinity Financial product and communications director Aaron Strutt said: “HSBC is… The post HSBC UK and Molo to hike rates from next week appeared first on Mortgage Strategy.
This week’s top headlines: Barclays launches fast-track remortgage service and Coventry boosts FTB borrowing with 6.5x income. Explore these and other major industry updates below: Barclays launches fast-track remortgage service Barclays will launch its Fast-Track Remortgage service on 7 September, offering eligible customers mortgage… The post Mortgage Strategy’s Top 10 Stories: 31 Aug to 04 Sept appeared first on Mortgage Strategy.
The number of formal complaints made to the New Homes Ombudsman (NHOS) has more than tripled in the space of a year, as more developers have signed up to the higher standards and coverage of the Ombudsman, according to new data. Its latest annual report… The post Formal complaints from new build buyers triples in a year appeared first on Mortgage Strategy.
Sales activity across prime London has picked up this year, with buyers increasingly choosing to negotiate on price rather than abandon deals, according to data from Knight Frank. The number of transactions across prime central London (PCL) and prime outer London (POL) in the three… The post Prime London sales strengthen, says Knight Frank appeared first on Mortgage Strategy.
Soaring swap rates caused a small fixed rate mortgage increase this week, according to Moneyfacts, with more hikes expected. The average two-year fix is now 5.6%, up from 5.59% a week ago, while the typical five-year fix also rose by 1bps, to 5.64%. Moneyfacts personal… The post Soaring swap rates bump up mortgage prices: Moneyfacts appeared first on Mortgage Strategy.
