Day: September 16, 2026

Foundation, Aldermore and TMW to hike BTL rates

Aldermore, Foundation and The Mortgage Works are making changes to their product ranges this week, with several rates being increased and some products withdrawn altogether. Foundation will withdraw the majority of products across its buy-to-let range at 5.30pm on Thursday 17 September, with replacement products… The post Foundation, Aldermore and TMW to hike BTL rates appeared first on Mortgage Strategy.

AI will not replace letting agents – but will make them work faster

Artificial intelligence is unlikely to replace letting agents, but it could change how they work and raise expectations for faster service, according to insight from Propoly. While there has been widespread concern that AI could make human workers obsolete, Propoly says the technology is more… The post AI will not replace letting agents – but will make them work faster appeared first on Mortgage Strategy.

Half of holiday let owners improve profits despite tax changes

Nearly half of holiday let owners say their profitability has increased since furnished holiday lettings tax breaks were abolished in April 2025, according to research from Cumberland Building Society. The lender’s inaugural Holiday Let Index found 48% of owners reported higher profits following the tax… The post Half of holiday let owners improve profits despite tax changes appeared first on Mortgage Strategy.

NatWest, TSB, Skipton and others in latest raft of rate rises

NatWest, TSB, Skipton, Coventry and Principality are among the latest lenders to announce rate rises today following a raft of increases yesterday. NatWest is adding up to 43 basis points to current prices, TSB is adding up to 25bps and Principality is adding up to… The post NatWest, TSB, Skipton and others in latest raft of rate rises appeared first on Mortgage Strategy.

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