This week’s top headlines: Santander reducing rates across its mortgage range and Renters Rights Act triggers evictions Explore these and other major industry updates below: Santander cuts mortgage rates, fees and brings back low-LTV FTB deals Santander is reducing rates across most of its mortgage… The post Mortgage Strategy’s Top 10 Stories: 15 June to 19 June appeared first on Mortgage Strategy.
Average fixed-rate mortgage prices dipped again this week, helped by big rate cuts from mainstream lenders, according to Moneyfacts. The typical two-year fix fell 3bps to 5.59%, from 5.62% last week, while the average five-year fix fell 3bps to 5.56%. The mortgage type to see… The post Average fixed rates dip again as big lenders make cuts: Moneyfacts appeared first on Mortgage Strategy.
The number of planning applications submitted across England fell by 10% in Q1 2026 compared with the same period in 2025, according to new government statistics. There were 79,600 applications for planning permission in Q1 2026. District level planning authorities decided 68,400 planning permission applications… The post Planning applications fall 10%, government figures show appeared first on Mortgage Strategy.
Dudley Building Society, Zephyr Homeloans and Atom Bank have cut rates by up to 110bps across residential, buy-to-let and expat products. The latest repricing sees Dudley Building Society deliver the largest reductions, while Zephyr Homeloans has cut all fixed rates by 15bps and Atom bank… The post Dudley, Zephyr and Atom slash mortgage rates by up to 110bps appeared first on Mortgage Strategy.
Prime minister Sir Keir Starmer has come under siege in recent weeks following a disastrous showing for Labour in local elections. Many of his own MPs have bluntly asked him to step down but, at the time of writing, he remains in post. Nevertheless, the… The post News Analysis: Leadership tussle isn’t helping appeared first on Mortgage Strategy.
Barclays is cutting purchase rates by up to 37 basis points tomorrow, but withdrawing its best buy two-year tracker at 3.96%. The lender is making substantial reductions on a large number of products for residential purchase. Among the highlights, a three-year fixed at 75% LTV… The post Barclays to slash rates by up to 37bps tomorrow appeared first on Mortgage Strategy.
The mortgage market welcomed the Bank of England’s decision to hold base rate at 3.75% today, saying it would help bring more stability to the housing market. The Bank’s Monetary Policy Committee (MPC) voted 7/2 this morning to keep base rate at its current level.… The post MPC decision: Market says base rate hold will help bring stability appeared first on Mortgage Strategy.
The Bank of England has held interest rates at 3.75% for the fourth consecutive meeting, as widely expected by economists. Yesterday’s consumer prices index (CPI) figure for May was lower than expected and unchanged from April at 2.8%, giving the Bank’s rate-setting committee leeway to… The post MPC decision: Bank holds rates at 3.75% appeared first on Mortgage Strategy.
There is always plenty to write about when it comes to turbulence in the bridging industry — sometimes caused internally and often catalysed by external factors. The latter can be macro- or micro-political, or economic, along with aspects closer to home such as market sentiment… The post Bridging Watch: The 12-month term – shouldn’t parameters evolve? appeared first on Mortgage Strategy.
Market Harborough Building Society has launched a new guaranteed service commitment for its core bridging finance range, reinforcing its focus on delivering reliable outcomes for brokers and clients. The move builds on enhancements introduced last week, which saw the Society reduce rates by up to… The post Market Harborough BS adds service guarantee to core bridging range appeared first on Mortgage Strategy.
