Barclays is increasing buy-to-let rates by up to 53 basis points tomorrow, as well withdrawing some landlord deals and launching others. Some of the most substantial price increases are to products in its existing buy-to-let customer reward range. Within this range, a two-year fixed at… The post Barclays hikes BTL rates by up to 53bps appeared first on Mortgage Strategy.
Buildloan Limited has joined the Bridging & Development Lenders Association (BDLA) as an associate member. Buildloan, a division of the Buildstore group, specialises in self-build, custom build and renovation finance. The BDLA’s total membership exceeds 100 organisations, and the loan books of lender members total… The post Buildloan joins BDLA appeared first on Mortgage Strategy.
Lenders reported an increase in defaults on both mortgages and unsecured credit over the three months to the end of February, the latest Bank of England survey shows. The availability of secured credit increased in the three months to the end of February. Demand for… The post Defaults rise as households face pressure: BoE survey appeared first on Mortgage Strategy.
Virgin Money will be increasing purchase, remortgage and product transfer rates by up to 10bps on 9 April. The lender’s purchase 65% & 75% LTV two-year tracker rates with a £999 fee will be increased by 10bps. Virgin’s remortgage 65% & 75% LTV two-year tracker… The post Virgin Money hikes trackers and fixes by up to 10bps appeared first on Mortgage Strategy.
Vida Homeloans and Precise are set to withdraw their product ranges this week to reprice, including some reductions of up to 30 basis points. Vida notified brokers that it will be withdrawing its full product range including both new business and product transfer deals at… The post Vida to cut rates by 30bps and Precise to drop prices appeared first on Mortgage Strategy.
The UK’s houses in multiple occupation (HMO) market has seen a 40% increase in license applications since 2018, according to research from Just Landlords. The research suggests that landlords are increasingly picking shared housing to meet demand for affordable and quality living spaces. Just Landlords… The post HMO market sees 40% license boost since 2018 appeared first on Mortgage Strategy.
Foundation has launched of a series of limited edition buy-to-let products across its F1, HMO and holiday let ranges. Within its F1 range, Foundation has added limited edition two- and five-year, fixed-rate products. Offered at rates of 5.59% for the two-year fix, and 5.99% for… The post Foundation launches limited edition BTL products appeared first on Mortgage Strategy.
The Mortgage Strategy roundtable: The Protection Gap – Moving from Awareness to Action is taking place on 6 May in London. Contributors at the roundtable will include insurers, protection advisers and industry bodies. To ensure we cover broker concerns about the protection market, we have… The post Mortgage Strategy Protection Gap Survey- Moving from Awareness to Action appeared first on Mortgage Strategy.
The Right Mortgage & Protection Network has appointed Samantha Roe from HL Partnership as compliance manager. Roe will be the primary point of contact for appointed representatives within her allocated area, managing the training and competence programme and ensuring compliance with both company and regulatory… The post The Right Mortgage network hires Roe as compliance manager appeared first on Mortgage Strategy.
Rising house prices are among the causes of a 12% increase in inheritance disputes last year, according to TWM Solicitors. There were more than 11,500 applications to halt the administration of estates filed last year, a 12% increase on 2024, according to Surrey-based TWM. Data… The post Rising house prices fuel inheritance disputes appeared first on Mortgage Strategy.
