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.
Mortgage Strategy is delighted to reveal the Mortgage Innovation & Technology Awards 2026 finalists, celebrating the outstanding businesses, teams, and individuals pushing innovation forward across the mortgage and technology landscape. Congratulations to everyone who has made the shortlist, being recognised among the industry’s leading innovators… The post Mortgage Innovation & Technology Awards 2026 finalists announced appeared first on Mortgage Strategy.
Virgin Money will increase rates by up to 0.30% on purchase and remortgage products. Purchase two- and five-year fixes will rise by 0.30%, while two-year trackers will go up by 0.10%. In the same range, 10-year fixes will increase by 0.15% and shared ownership fixes… The post Virgin becomes latest lender to push rates up appeared first on Mortgage Strategy.
The Chartered Institute of Housing (CIH) is calling on the UK government to carry out a comprehensive review of shared ownership in England. The institute is warning that the tenure must be financially sustainable over the long term, rather than simply affordable at the point… The post CIH calls for review of shared ownership over long-term affordability appeared first on Mortgage Strategy.
The Mortgage Works has made enhancements to its application process to broaden support for landlords including age criteria and maximum total borrowing. The lender has increased the maximum age at application for first-time landlords from 70 to 75, up to 70% loan-to-value (LTV). There will… The post The Mortgage Works changes age criteria and max total borrowing for landlords appeared first on Mortgage Strategy.
Sesame Bankhall Group (SBG) has moved to the next stage of development for OneView, its adviser and principal platform launched earlier this year. The next phase will be supported through a new technology partnership with JammJar, a mortgage and protection technology specialist using AI. SBG… The post SBG partners with JammJar to accelerate OneView development appeared first on Mortgage Strategy.
