Day: November 4, 2026

Despite earnings growth outpacing house prices since 2023, Londoners must earn almost twice median full-time earnings to buy the average home in the capital, according to e.surv’s latest house price index. The data shows the gap between average earnings and average house price remains substantial… The post Earnings and house price gap in South and East of England remains substantial: e.surv appeared first on Mortgage Strategy.

Phoenix Money Group has joined the Bridging & Development Lenders Association (BDLA) as a lender member. The privately funded lender provides short-term property finance to investors, developers and individuals across the UK. It offers bridging loans from £50,000 to £5 million, supporting requirements including property… The post BDLA welcomes Phoenix Money as lender member appeared first on Mortgage Strategy.

October saw UK rents rise by 5% year-on-year, the latest rental index from Goodlord reveals. The index shows this marks the second month running that annual growth has held at 5%, a figure which is significantly above 2026 inflation figures. This matches the annual rental… The post Annual rental inflation holds at 5% in October: Goodlord appeared first on Mortgage Strategy.

Mortgage borrowers could see their housing costs rise by up to £369 a year if the Bank of England increases base rate by 25bps, according to UK Finance. The trade body said the widely-expected quarter-point increase in base rate would push up average monthly payments… The post Tracker costs to rise £369 if base rate goes up 25bps: UK Finance appeared first on Mortgage Strategy.

The Cambridge Building Society has updated its two-year fixed rate mortgage range, with options for first-time buyers, remortgage customers, home movers and buy-to-let borrowers, effective 4 November. The updated range includes products at 80%, 90% and 95% loan-to-value (LTV), a 70% LTV interest-only option and… The post The Cambridge updates 2yr fixed range appeared first on Mortgage Strategy.