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Works are making changes to their product ranges this week, with several rates being increased and some products withdrawn altogether.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.
A firm I spoke to recently trialled a document-handling tool for six weeks. The tool read incoming statements, worked out what was missing, chased the client and packaged the case. It got roughly four cases in five all the way through. The fifth needed someone… The post Tech Watch: Ask the right questions appeared first on Mortgage Strategy.
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.
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, 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.
Pepper Money is considering raising money through its first US dollar-denominated mortgage-backed securities deal. The specialist lender said it wants to diversify its funding sources and attract more investors. The company is exploring a new securitisation of residential and buy-to-let mortgages under its Polaris brand.… The post Pepper Money eyes first US dollar mortgage-backed securities appeared first on Mortgage Strategy.
CHL Mortgages and Moda Mortgages are set to withdraw their current mortgage product ranges on 16 September. Both lenders say that replacement products will come with higher rates. CHL Mortgages will withdraw its current buy-to-let range, including product transfers, at 5pm on 16 September. The… The post CHL Mortgages and Moda Mortgages to withdraw products ahead of rate increases appeared first on Mortgage Strategy.
Recognise Bank has appointed Ronelle Arbib as its new chief revenue & operations officer (CROO). In the newly-created role, Arbib will bring together Recognise Bank’s lending and savings, operations, product and marketing functions. The new structure is meant to let Recognise Bank identify and respond… The post Recognise Bank appoints Arbib as CROO appeared first on Mortgage Strategy.
Barclays is making sweeping increases of 20 basis points across its residential purchase range tomorrow. The lender is raising rates by the same amount on 39 purchase-only deals. Among the changes, Barclays market-leading two-year fixed at 60% LTV with an £899 fee will jump from… The post Barclays joins wave of repricing with 20bps rate hikes appeared first on Mortgage Strategy.
Richard Walker has joined Nationwide as head of intermediary sales and new build. Walker will lead the intermediary sales teams across Nationwide, helping shape its engagement with intermediaries and working closely with brokers. He will also be responsible for new-build sales activity across Nationwide. Walker… The post Richard Walker joins Nationwide as head of intermediary sales appeared first on Mortgage Strategy.
