Mortgage brokers say the rush towards remortgaging shows no signs of slowing, reinforcing Bank of England figures that show house purchases continue to dip. Net mortgage approvals for house purchases fell to 56,100 in July, down from 58,200 in June, while approvals for remortgaging rose… The post News Analysis: ‘We are heavy on the remortgage side’ appeared first on Mortgage Strategy.
NatWest has launched a dedicated new build phone line, giving mortgage brokers direct access to specialist support throughout the property-buying process. The service, available on 0345 026 0005, connects brokers with trained business development managers who understand the specific considerations involved in new-build lending. Brokers… The post NatWest unveils new build phone line for brokers appeared first on Mortgage Strategy.
Short-term specialist finance lender, SDKA has announced three promotions with Alex Swan taking the role as head of underwriting. Swan (pictured) joined the business in May 2023 as an underwriter and has moved through the ranks to a senior leadership position, where he will now… The post SDKA confirms new appointments to team appeared first on Mortgage Strategy.
Twenty7tec has completed a new integration with Fluxifi, enabling advisers using the technology provider’s platform to access Twenty7tec mortgage sourcing directly within their existing workflow. The integration connects Fluxifi with Twenty7tec via API, giving users direct access to research without needing to move between separate… The post Fluxifi integrates Twenty7tec mortgage sourcing as part of product launch appeared first on Mortgage Strategy.
The Right DA Club has announced the addition of Shepherds Friendly to its protection panel, providing access to Shepherds’ income protection proposition. The proposition offers clients cover of up to 70% of their income if they are unable to work due to illness or injury,… The post Shepherds Friendly added to The Right DA Club panel appeared first on Mortgage Strategy.
This week’s top headlines: Mortgage rate rises on horizon as major lenders reprice and more than 8,500 tenanted homes on the market Explore these and other major industry updates below: Mortgage rate rises on horizon as major lenders reprice Major lenders are increasing mortgage… The post Mortgage Strategy’s Top 10 Stories: 07 Sept to 11 Sept appeared first on Mortgage Strategy.
In the launch episode of MS NextGen Podcast, Kimberley Dondo sits down with Joe Maskell, Mortgage and Protection Adviser at The Finance Planning Group and a member of the MS NextGen Class of 2026. The MS NextGen programme is Mortgage Strategy’s flagship 12-month talent accelerator,… The post MS NextGen Ep 1: Misconceptions, market chaos, and the reality of advising today with Joe Maskell appeared first on Mortgage Strategy.
UK housebuilder Berkeley Group is urging the government to cut property taxes as cautious buyers keep housing demand subdued in the run-up to October’s budget. The housebuilder has demanded reforms to stamp duty, a property purchase tax, including a 1% cap for first-time buyers and… The post Berkeley urges Govt to reduce property tax appeared first on Mortgage Strategy.
Average fixed-rate mortgage prices rose this week as lenders made rounds of rate hikes, according to the latest Moneyfacts Rate Watch. The average two-year fix now costs 5.67%, up 7bps from 5.6% last week. Meanwhile the typical five-year fix now costs 5.72%, an 8bps rise… The post Fixed rate mortgage hikes dominate the market, says Moneyfacts appeared first on Mortgage Strategy.
Remortgaging continued to underpin mortgage market activity in August despite a wider seasonal slowdown, according to the latest Mortgage Market Snapshot from Twenty7tec. A total of 1,556,758 mortgage searches were completed during August, representing a 13% fall from July but a 1% increase compared with… The post Remortgaging drives mortgage activity despite summer slowdown, says Twenty7tec appeared first on Mortgage Strategy.
