This week’s top headlines: Nationwide, Virgin and NatWest make rate cuts of up to 0.36% and Lloyds Banking Group launches £5k deposit FTB mortgage. Explore these and other major industry updates below: Nationwide, Virgin and NatWest make rate cuts of up to 0.36% Nationwide has… The post Mortgage Strategy’s Top 10 Stories: 11 May to 15 May appeared first on Mortgage Strategy.
Average mortgage rates fell this week despite growing uncertainty over the next prime minister, according to the latest Moneyfacts rate watch. The average two-year rate was 5.75%, down 3bps from 5.78% last week, while the typical five-year rate was 5.67%, down from 5.7%. The biggest… The post Average mortgage rates fall despite Labour leader turmoil: Moneyfacts appeared first on Mortgage Strategy.
Periods of market disruption are nothing new in the mortgage world but they seem to be arriving more often and with less warning. In recent weeks, conflict in the Middle East quickly filtered through to worldwide market turmoil, inevitably impacting swap rates, with lenders having… The post Tech Watch: Keeping pace when products move fast appeared first on Mortgage Strategy.
Nine in 10 house hunters (93%) want their dream home to have green energy modifications like solar panels and EV charging, according to research from E.On Next. More than two-thirds (70%) of prospective buyers say energy technology is now a non-negotiable when choosing a property,… The post Nine out of 10 homebuyers want solar panels and EV charging appeared first on Mortgage Strategy.
Three senior mortgage leaders have urged colleagues across the sector to take part in Working in Mortgages’ 2026 Equity, Diversity and Inclusion (ED&I) Viewpoint research, warning that progress risks stalling if people assume the conversation ‘isn’t about them’. Mortgage Advice Bureau director of home moving… The post Industry trio urge colleagues to join ED&I conversation appeared first on Mortgage Strategy.
Although England’s Help to Buy equity loan scheme ended in October 2022, 32% of Brits think it’s still available, research by David Wilson Homes reveals. The research found that the Help to Buy equity loan scheme still averages around 20,000 Google searches per month in… The post Almost a third of Brits believe Help to Buy is still available in England: David Wilson Homes appeared first on Mortgage Strategy.
The housing market remained subdued in April with global uncertainty weighing on buyer demand and on sales, according to the latest index from the Royal Institution of Chartered Surveyors. New buyer enquiries remained firmly negative in April, recording a net balance of -34%, meaning a… The post Housing market subdued in April: Rics appeared first on Mortgage Strategy.
Offa has expanded its direct team with four new staff members. Hamza Mahmood, an experienced finance adviser and broker with a conventional finance background, and Shajia Sultana both join as home finance advisers. Also joining the team is Osaama Hussain, an experienced in the conventional… The post Offa expands direct team with four recruits appeared first on Mortgage Strategy.
The UK economy recorded unexpected growth in March despite the outbreak of war in Iran. GDP grew by 0.3% against analysts’ predictions that there would be a small contraction. However, the impact of the war is expected to be more keenly felt in future readings.… The post Economy shows surprise growth in March despite war appeared first on Mortgage Strategy.
There is a quote from US business consultant Kenneth Blanchard that claims: “Leadership is not about you; it’s about investing in the growth of others.” This astute observation can be applied to the thinking behind Mortgage Strategy’s NextGen 30 Under 30 mentorship programme. MS NextGen… The post Passing the baton: NextGen 30 Under 30 mentorship programme appeared first on Mortgage Strategy.
