Virgin Money has reduced rates on product transfers and buy-to-let (BTL) product transfers by up 0.15%. For product transfer products, selected two-year fixes will be lowered by up to 0.08%, selected five-year fixes will be cut by as much as 0.12% and selected 10-year fixes… The post Virgin Money and Nationwide trim prices appeared first on Mortgage Strategy.
The value of new mortgage commitments in the first quarter rose by 12% compared to the previous quarter to reach £78bn, but the value of mortgages advanced during the three-month period dipped by a similar amount. The latest Bank of England figures show the value… The post New mortgage agreements rose 12% in Q1: BoE appeared first on Mortgage Strategy.
CHL Mortgages has launched limited edition products and reduced rates by 30 basis points across its short-term let range. The specialist lender’s new limited edition products start from 2.70% for single dwelling properties and from 2.80% for HMO and MUFB properties with up to six… The post CHL Mortgages, HSBC, Foundation and YBS Commercial make rate changes appeared first on Mortgage Strategy.
The government must reform stamp duty as part of a package to help first-time buyers, the Housing, Communities and Local Government (HCLG) Committee said in a report today. The move is the most high-profile call to reform the property tax, and joins those of the… The post Stamp duty must be reformed to help FTBs, MPs say appeared first on Mortgage Strategy.
Hodge Bank has increased its maximum loan sizes across key loan-to-value (LTV) bands and enhanced criteria to further support borrowers and improve access to lending. The changes apply across both Hodge Resi and the Hodge Resi Retire product ranges. At 95% LTV, the maximum loan… The post Hodge updates criteria for large loan sizes appeared first on Mortgage Strategy.
Mortgage strategy is delighted to introduce the Future of Mortgages Challenge 2026 — which will form a core part of MS Next Gen mentees programme over the coming months. The MS Next Gen 2026 cohort of 30 mentees will be divided into teams and asked… The post Mortgage Strategy launches Future of Mortgages Challenge 2026 appeared first on Mortgage Strategy.
TMG Mortgage Network has appointed Ava Jones as head of operations. Jones joins TMG from AESSEAL, where she developed a strong track record across operations, commercial delivery, marketing and business improvement. In her new role, Jones will lead the operational function across TMG Mortgage Network,… The post TMG Mortgage Network hires Jones as head of operations appeared first on Mortgage Strategy.
Loans Warehouse appointed Tracey Thomas as senior relationship manager for network and clubs. Thomas joins following five years at Target Group, where she most recently held the position of growth specialist. Bringing experience in relationship management, business development and intermediary engagement, she will play a… The post Loans Warehouse hires Thomas as senior relationship manager appeared first on Mortgage Strategy.
Nearly nine in ten mortgage brokers (89%) want technology to play a bigger role in streamlining the mortgage application process, up from 74% just six months ago, according to new research from Nottingham Building Society. The latest survey of 500 brokers across the country, found… The post Broker demand for smarter tech grows but AI divides opinion appeared first on Mortgage Strategy.
L&G’s Mortgage Club has launched a specialist academy to help advisers build the confidence, knowledge and practical skills to support increasingly complex client needs. In the academy’s pilot year, 250 Mortgage Club members will participate including advisers new to specialist lending and those looking to… The post L&G Mortgage Club launches specialist academy appeared first on Mortgage Strategy.
