Nationwide is cutting rates by up to 0.15% across its fixed mortgage range, supporting first-time buyers, home movers and people remortgaging, effective tomorrow (4 November). The latest changes means Nationwide’s lowest rate now stands at 4.89%. The new rates include reductions to first-time buyer products… The post Nationwide cuts rates by up to 0.15%, TMW expands limited company range appeared first on Mortgage Strategy.
John Haley has been appointed Mortgage Strategy commercial director. He takes the reins at an exciting time, with the Mortgage Strategy Awards celebrating its 25th anniversary in 2027. Mortgage Strategy spoke to Haley about his career so far and the opportunities his role at Mortgage… The post Haley becomes Mortgage Strategy commercial director in anniversary year appeared first on Mortgage Strategy.
Expectations are mounting that the Bank of England’s Monetary Policy Committee will raise the base rate on Thursday. A Reuters poll of 63 economists found 54 expect the Bank to increase rates by 25 basis points from 3.75% to 4%, a sharp turnaround from September… The post MPC Preview: Mounting expectations for a rate rise appeared first on Mortgage Strategy.
Less than a quarter (23%) of landlords are confident about the prospects for their own letting business, compared with 63% in 2011, Pegasus Insight reveals. However, the latest findings, which were presented during a Pegasus workshop in London, show that 85% report making a profit, up… The post Drop in landlord confidence over last 15 years despite resilient profits: Pegasus appeared first on Mortgage Strategy.
Retired landlords face a growing financial squeeze after the Chancellor announced plans to increase property income tax rates, according to analysis by wealth management group Rathbones. From April 2027, property income tax rates will rise by four percentage points across all tax bands, taking the… The post Retiree landlords face growing tax squeeze as income rates set to rise appeared first on Mortgage Strategy.
