Tipton & Coseley Building Society will once again lend at up to 6.5x income. The building society has reintroduced high income multiple lending, which it last offered in early June. High income multiple mortgages are for customers who can demonstrate a greater borrowing capability. In… The post Tipton & Coseley returns to lending at up to 6.5x income appeared first on Mortgage Strategy.
Mortgage Brain has integrated Uinsure into its CRM Brain platform, letting brokers offer insurance quotes automatically as part of the mortgage application process. The integration means that, once a mortgage application has been submitted through CRM Brain, brokers will be prompted to ask their client… The post Mortgage Brain deal lets brokers offer insurance automatically appeared first on Mortgage Strategy.
This week’s top headlines: Surge in switching following FCA rule change and Rayner returns to Housing Secretary role. Explore these and other major industry updates below: Surge in switching following FCA rule change: Stonebridge New FCA affordability rules are helping more borrowers switch to… The post Mortgage Strategy’s Top 10 Stories: 20 July to 24 July appeared first on Mortgage Strategy.
Average fixed-rate mortgage prices are back to June levels as more than a dozen lenders repriced this week, according to Moneyfacts. The average two-year mortgage rose 9bps to 5.59%, compared to 5.5% last week, the latest Moneyfacts rate watch found. Meanwhile the typical five-year fix… The post Average fixed rates rise to June levels as lenders rush to reprice: Moneyfacts appeared first on Mortgage Strategy.
Nationwide, HSBC UK and Kensington Mortgages are all raising rates in the coming days. Nationwide has increased rates across its existing business range from today, 24 July. The increases are mostly on switcher and additional borrowing products. Nationwide’s two-year fix at 75% LTV is now… The post Nationwide, HSBC and Kensington raise rates appeared first on Mortgage Strategy.
When Open Banking was first introduced, there was understandable scepticism. Why would banks make it easier for customers to share their financial data? Could organisations that had spent decades competing with one another really work together in a way that benefited everyone? The answer, as… The post Blog: Can homebuying learn from Open Banking? appeared first on Mortgage Strategy.
HMOs are still widely viewed as one of the stronger performing areas of the buy-to-let market and, on the surface, it is easy to understand why. Pegasus Insight’s Landlord Trends Q1 2026 research found landlords operating HMOs generated average rental yields of 7.6%, compared with… The post Blog: HMOs still deliver yield, but advisers must look deeper appeared first on Mortgage Strategy.
Lenders have made 450,000 product updates so far this year, Twenty7tec’s data shows. The software provider is giving existing broker customers who currently use its RESEARCH service a free two-month trial of its ADAPT tool to help them keep on top of changes. Twenty7tec’s data… The post Brokers hit with 450,000 product updates this year: Twenty7tec appeared first on Mortgage Strategy.
The average monthly rent in England is £1,442, 13 times what it was in 1988, according to analysis from Generation Rent. The campaign group today published its ‘cost of renting receipt’, which shows the increase in the cost of private rents since the 1988 Housing… The post Monthly rents are now 13 times 1988 level, says Generation Rent appeared first on Mortgage Strategy.
Vida has rebranded its later-life proposition as Next Chapter Lending with updated criteria for older first-time buyers, home movers and borrowers with loans stretching into retirement. The changes are designed to give brokers clearer guidance on affordability assessments where a mortgage term extends beyond a… The post Vida launches Next Chapter Lending appeared first on Mortgage Strategy.
