Santander has announced it will be reducing most residential and buy-to-let (BTL) fixed rates across its new business and product transfer ranges. As part of the cuts, almost all residential 60%, 75%, 80% and 85% loan-to-value (LTV) one-, two-, three-, five- and seven-year fixed rates… The post Santander and Nottingham BS become latest lenders to trim prices appeared first on Mortgage Strategy.
There’s nothing quite like a bold target to focus attention, and Project 28 has certainly given the property industry one. Its ambition to reduce the period between sale agreed and exchange to 28 days is commendable, if ambitious, especially when you take into account that… The post Blog: Can property transactions really get from 109 days to 28? appeared first on Mortgage Strategy.
Nationwide is cutting rates by up to 0.15 percentage points across two-, three- and five-year fixes with its lowest rate starting from 4.48%, effective 18 August. First-time buyers products will be reduced by up to 0.10% across two-, three- and five-year fixed rate products up… The post Nationwide cuts rates by up to 0.15% with lowest now at 4.48% appeared first on Mortgage Strategy.
West Brom Building Society has launched a new mortgage range for foreign nationals living and working in the UK into homeownership. The new range, which follows a pilot programme carried out in 2025, is available to first-time buyers and home movers. The range launches with… The post West Brom BS launches mortgage range for foreign nationals appeared first on Mortgage Strategy.
Iress’ UK business delivered a 43% increase in pre-tax earnings (EBITDA) to £4.6m in the first half of 2026, as it continued to invest in product development, AI and engineering capabilities. The firm provides mortgage industry software including Trigold, The Exchange, Lender Connect, Xplan Mortgage… The post Iress grows UK earnings by 43% in first half appeared first on Mortgage Strategy.
This week’s top headlines: Ben Thompson to leave MAB andEx-Connells chief wins fiery age discrimination and unfair dismissal cases. Explore these and other major industry updates below: Ben Thompson to leave MAB Mortgage Advice Bureau director of home moving strategy Ben Thompson is to leave… The post Mortgage Strategy’s Top 10 Stories: 10 August to 14 August appeared first on Mortgage Strategy.
Burnley has been identified as the most affordable location in the UK for first-time buyers, with average property prices of £116,000, according to a report by Barratt Homes. The figure is 63% below the UK average house price of £311,034, including London. The findings are… The post Burnley has the cheapest homes for FTBS, study reveals appeared first on Mortgage Strategy.
Average mortgage rates are down week-on-week for the first time in more than a month, according to the latest Moneyfacts rate watch. The typical two-year fix has fallen from 5.63% last week to 5.61% now, whereas the average five-year fell from 5.67% to 5.64%. The… The post Mortgage rates drop for first time in over a month: Moneyfacts appeared first on Mortgage Strategy.
Providence Equity Partners is set to buy property data firm Hometrack, it announced today. Hometrack currently services 16 of the top 20 UK mortgage lenders, as well as all of the top 14 Dutch lenders. Providence senior managing director Robert Sudo said: “Hometrack is a… The post Providence Equity Partners set to buy Hometrack appeared first on Mortgage Strategy.
Describe your firm in a few sentences. Your Local Mortgage Expert is a small mortgage advice firm based in Lesmahagow, South Lanarkshire — yes, Lesmahagow is a real place. We help clients across Scotland with everything from first-time purchases to buy-to-let properties, and we know… The post Broker Focus: Philip McLeod, mortgage expert at Your Local Mortgage Expert appeared first on Mortgage Strategy.
