This week’s top headlines: Halifax updates intermediary site to make apps easier and NatWest becomes latest lender to cuts rates. Explore these and other major industry updates below: Halifax updates intermediary site to make apps easier Halifax Intermediaries has upgraded its online mortgage application… The post Mortgage Strategy’s Top 10 Stories: 12 Oct to 16 Oct appeared first on Mortgage Strategy.
The Office for Budget Responsibility (OBR) should assess every Budget measure for its impact on the housing market, according to an independent committee chaired by Sir Vince Cable. In its latest assessment of the government’s housing policy and delivery, the Housing Policy and Delivery Oversight… The post OBR should assess every Budget measure for its impact on housing, says committee chaired by Vince Cable appeared first on Mortgage Strategy.
Average two and five-year fixed rates remained broadly flat week on week at just under 6%. The latest weekly rate watch figures from Moneyfacts show that the average two-year fixed edged down by a single basis point to 5.96%, while the average five-year fixed was… The post Average rates continue to hover just below 6%: Moneyfacts appeared first on Mortgage Strategy.
The cost of moving house could rise as diesel prices rise, with removal firms warning that soaring fuel bills are adding to the cost of transporting customers’ belongings. Figures from the Department for Energy Security and Net Zero show that average diesel prices reached 200.04p… The post Rising diesel prices could push up cost of moving, removals firm warns appeared first on Mortgage Strategy.
The number of residential properties offered at auction rose by 8.1% year on year in September, although the number sold fell slightly, according to data from EIG. A total of 4,382 residential lots were offered at auction during the month, up from 4,053 in September… The post More homes auctioned in September, but fewer sold appeared first on Mortgage Strategy.
