Vida Homeloans withdrew its full product range to reprice yesterday afternoon, giving brokers around two hours’ notice, while Foundation withdrew all its residential products and some buy-to-let deals. In an email to intermediaries at about 3pm, Vida said: “Due to exceptional and rapidly changing market… The post Lenders pull scores of deals giving a few hours’ notice appeared first on Mortgage Strategy.
The Mortgage Advice Bureau (MAB) has reported that value of arranged mortgages reached £32bn in 2025, a 23% increase on the previous year and marks a record level of lending for the business. Alongside the rise in completed mortgage lending, MAB also recorded 10% growth… The post MAB reports record levels of lending for 2025 appeared first on Mortgage Strategy.
First-time buyers looking to buy a second home face near-record bills to do so, according to Rightmove research. Rightmove said the typical first-time buyer home with two or fewer bedrooms cost £226,955 in March 2026. But to move up one rung on the property ladder… The post FTBs face near-record bills to trade up, says Rightmove appeared first on Mortgage Strategy.
The Conservative Party has launched a petition demanding stamp duty be scrapped on main homes. The issue is a long-standing one for the Conservatives under leader Kemi Badenoch, who has pledged the party would take action on the tax if voted back into power. In… The post Conservatives launch petition to axe stamp duty on main homes appeared first on Mortgage Strategy.
Conveyancing distributor, conveybuddy, has announced the appointment of two new team members as it continues to expand its broker support function in response to strong business growth. Simran Bhangra (pictured) has joined as an account manager and Polly Knight has joined as a business development… The post conveybuddy hires duo as part of team expansion appeared first on Mortgage Strategy.
Second charge lender Selina Finance has launched a five-year fix with no early repayment charges. The lender, which offers home equity lines of credit (HELOCs) and secured homeowner loans, said the new fix will give borrowers rate certainty while maintaining the flexibility often required when… The post Selina Finance launches five-year fix with no ERCs appeared first on Mortgage Strategy.
MT Finance has appointed Adam Healy to its business development team. Healy joins the company with nearly 18 years’ experience in the specialist finance sector. In his new role, he will work alongside the established business development team to support MT Finance’s network of clients… The post MT Finance boosts team with appointment of Healy appeared first on Mortgage Strategy.
Sub-4% mortgages are vanishing due to an upheaval in homeloan pricing following the Middle East conflict, according to Moneyfacts. Moneyfacts said a cut to Bank of England base rate looks “increasingly unlikely” and that the pool of lenders offering a sub-4% fixed rate deal “has… The post Sub-4% mortgages dry up as swap rates rise: Moneyfacts appeared first on Mortgage Strategy.
Not all properties sold by landlords immediately leave the private rented sector (PRS), according to research from Pegasus Insight, though the overall trend still points towards a reduction in available rental homes. The latest Landlord Trends Q4 2025 data shows that more than a quarter… The post More than 1 in 4 landlords who sold property did so with tenants in place appeared first on Mortgage Strategy.
Average new seller asking prices rise by 0.8% (+£3,023) in March to £371,042, a typical seasonal increase in prices. This is according to the latest house price index from Rightmove. The number of homes for sale remains at an eleven year high for this time… The post March market steady despite global uncertainty: Rightmove appeared first on Mortgage Strategy.
