Fintel has bought Mortgage Brain Holdings for £38.4m. Mortgage Brain Holdings owns companies including Mortgage Brain Limited, AE3 Media, Criteria Hub and Mortgage Engine. The best-known, Mortgage Brain, provides software used to support around 40% of UK residential mortgage and buy-to-let applications. Fintel first invested… The post Fintel buys Mortgage Brain Holdings in £38.4m deal appeared first on Mortgage Strategy.
This week’s top headlines: HSBC to raise rates as Halifax and BM trim costs and FCA stresses need for disclaimers on AI-generated financial advice. Explore these and other major industry updates below: Stamp duty reform top of industry’s Autumn Budget wish list Stamp duty… The post Mortgage Strategy’s Top 10 Stories: 19 Oct to 23 Oct appeared first on Mortgage Strategy.
For advisers, remortgaging is an important opportunity to engage borrowers. UK Finance predicts that around 1.8 million mortgage deals are expected to expire this year, with significant refinancing activity anticipated in 2027. This includes borrowers who will be new to the remortgaging process and those… The post Blog: Why remortgaging is a key moment to strengthen financial resilience appeared first on Mortgage Strategy.
West Brom Building Society has reduced rates across its Shared Ownership mortgage range by up to 0.12%, improving affordability for first time buyers. The society has made reductions across its two, three and five-year fixed rate Shared Ownership purchase products at 95% loan-to-value (LTV The… The post West Brom BS reduces rates across Shared Ownership range appeared first on Mortgage Strategy.
Average fixed-rate mortgage prices edged up this week despite lenders equally lowering and cutting rates, according to Moneyfacts. The average two-year fix rose 1bps to 5.97% this week from 5.96% last week, according to the latest Moneyfacts rate watch. Meanwhile the typical five-year fix is… The post Average fixed rates edge up despite mixed lender pricing, says Moneyfacts appeared first on Mortgage Strategy.
