Halifax and BM Solutions have announced another round of rate cuts on Monday after trimming prices at the start of this week. It comes as Moneyfacts revealed average two, three and five-year fixed rates continued to fall this week. At Halifax, home mover and first-time… The post Halifax and BM Solutions to cut rates on Monday appeared first on Mortgage Strategy.
Almost half of one-bedroom and studio flats in London are selling at a loss, new analysis of Land Registry data suggests. Experts have been warning that concerns about leasehold and escalating service charges have triggered a crisis in the flats market with many owners struggling… The post Half of small flats in London selling at a loss appeared first on Mortgage Strategy.
This week’s top headlines: Lloyds Banking Group bolsters housing development team and Paradigm calls for mandatory regulated advice for all FTBs. Explore these and other major industry updates below: Lloyds Banking Group bolsters housing development team Lloyds Banking Group has strengthened its housing development… The post Mortgage Strategy’s Top 10 Stories: 01 June to 05 June appeared first on Mortgage Strategy.
Average two and three-year fixed rates have edged downwards by 3 basis points over the past week, while the average five-year rate is 2bps lower. The latest rate watch data from Moneyfacts shows the average two-year fix is now 5.65%, the three-year average is now… The post Average fixed rates continue to fall: Moneyfacts appeared first on Mortgage Strategy.
If you had asked most people at the start of this year what the second half of 2026 would look like, I suspect many would have predicted a more settled environment than the one we find ourselves in today. Back then, interest rates appeared to… The post Blog: Why Summer 2026 is starting to feel a little like Summer 2024 appeared first on Mortgage Strategy.
Accord Mortgages has reduced rates on both its residential and buy-to let (BTL) product ranges. Effective 8 June, products across a range of loan-to-value (LTV) and product terms have been reduced by up to 0.46%. Accord has also added new products for borrowers remortgaging with… The post Accord drops rates by up to 0.46%, The Mortgage Works trims prices appeared first on Mortgage Strategy.
Pure Retirement has launched an AI-powered criteria chatbot designed to help advisers quickly answer queries about lending policy. The lender says the new tool, called Lenny, will allow advisers to get support with cases and determining their clients’ eligibility 24 hours a day. The AI… The post Pure Retirement adds AI criteria chatbot appeared first on Mortgage Strategy.
Hampshire Trust Bank (HTB) has appointed Nick Clayton as lending director within its development finance division as the bank continues to expand its London and South East origination team. Clayton joins from Close Brothers Property Finance, where he spent more than a decade across a… The post HTB appoints Clayton as lending director appeared first on Mortgage Strategy.
Glenhawk has today cut bridging rates across its entire product range. Most monthly rates have been reduced by 2 or 3bps, but at certain LTV bands the reduction is up to 8bps. The reduction applies across both regulated and unregulated bridging loans, including refurbishment finance,… The post Glenhawk trims all bridging rates appeared first on Mortgage Strategy.
Landbay has made a series of rate cuts across its premier range. The rate reductions include a 40 basis point reduction on its 75% loan-to-value (LTV) two-year, fixed rate products, as well as cuts across its small HMO, remortgage (free valuation) and five-year fixed rate… The post Landbay cuts rates by up to 40bps appeared first on Mortgage Strategy.
