Average fixed-rate mortgage prices rose this week on the back of conflict in the Middle East, according to the latest Moneyfacts rate watch. The average two-year fixed residential mortgage has risen 2bps to 4.84% this week, while the typical five-year fix is up 2bps on… The post Fixed-rate mortgage rates rise this week due to Iran war: Moneyfacts appeared first on Mortgage Strategy.
PKD Mortgage Network has been told it can no longer have any appointed representatives (ARs) by the Financial Conduct Authority (FCA). On 13 February the FCA told PKD to immediately stop all new regulated activities, “offboard” all ARs within 28 days and not sign up… The post FCA says PKD Mortgage Network can no longer have ARs appeared first on Mortgage Strategy.
Fleet Mortgages has announced a series of criteria enhancements across its buy-to-let range, designed to improve landlord borrower affordability, and reflect real-world circumstances and broadened property appetite. The specialist lender said the changes focus on removing unnecessary barriers for advisers’ landlord borrower clients while maintaining… The post Fleet widens BTL criteria to support landlord affordability appeared first on Mortgage Strategy.
Coventry for Intermediaries, Nationwide, Nottingham Building Society and Virgin Money will all raise fixed-rate mortgage prices by up to 25bps over the coming days. Virgin Money is increasing its fixed-rate mortgage prices by up to 25bps from 6 March. The changes include purchase two-year fixed… The post Coventry, Nationwide, Nottingham and Virgin Money raise fixed rate prices appeared first on Mortgage Strategy.
Twenty7tec has announced the launch of ADAPT, an upgrade to its RESEARCH platform designed to help advisers stay ahead of product withdrawals, rate changes and criteria shifts in a dynamic mortgage market. Built as a proactive monitoring solution, ADAPT continuously tracks advisers’ recommended products from… The post Twenty7tec introduces ADAPT upgrade to RESEARCH platform appeared first on Mortgage Strategy.
The average UK house price rose 0.3% to a new high of £301,151 in February, according to the latest Halifax house price index. Annual growth was 1.3%, a rise from 1.1% from the previous month and the fastest pace for four months. Regionally, Northern Ireland… The post Average house price rises to record high in February: Halifax appeared first on Mortgage Strategy.
Nationwide is making rate hikes of up to 0.25% on selected fixed rates, effective tomorrow. This includes rates across its first-time buyer, home mover, existing customers moving home and remortgage products. In addition, rates will be increased on switcher and additional borrowing ranges. Trinity Financial… The post Nationwide becomes latest lender to increase rates appeared first on Mortgage Strategy.
Second charge mortgage new business volumes rose 35% by volume and 41% by value in December 2025, according to figures from the Finance & Leasing Association (FLA). There was £182 million of new business agreed in December, up 41% and 3,379 new agreements in the… The post New second charge business grows 35%: FLA appeared first on Mortgage Strategy.
Hampshire Trust Bank has promoted Henry Manley-Cooper to deputy managing director of bridging finance. The appointment strengthens the leadership of the bridging division at a time when Hampshire says short-term finance is playing a growing role for investors and developers. Manley-Cooper joined Hampshire Trust Bank… The post Hampshire Trust names deputy MD for bridging appeared first on Mortgage Strategy.
Right Choice Mortgages has switched from Just Mortgages to join Stonebridge network as it seeks to accelerate its growth. The firm is led by Joe Childes and Stephanie Seddon and has six advisers operating across South Yorkshire, Cheshire and Manchester. Last year the Right Choice… The post Right Choice switches to Stonebridge network appeared first on Mortgage Strategy.
