Precise Mortgages is withdrawing and relaunching its entire residential mortgage range. In an email to brokers, Precise said it would pull its residential range on 25 September as it prepared to launch its new platform, Resi 2.0. The lender will then launch a new residential… The post Precise Mortgages to withdraw and relaunch entire residential range appeared first on Mortgage Strategy.
After four and a half years, I am moving on from my role of Chief Commercial Officer at Gen H to join Principality Building Society. I am inclined to reflection at times like these, and what I have learned from my time at Gen H.… The post Blog: Partnership is the key to a more equitable mortgage industry appeared first on Mortgage Strategy.
Canada Life has reported that its interest-serviced lifetime mortgages are typically three years younger than those who opt for its traditional products where interest is rolled up. The lender launched its Advantage lifetime mortgage in February with a discounted interest rate for borrowers who make… The post New type of lifetime mortgage attracts younger borrowers: Canada Life appeared first on Mortgage Strategy.
UK Finance has warned the government that higher taxes on banks could push up the cost of mortgages and reduce banks’ ability to lend. In its submission ahead of the October Budget, the banking industry body said further increases in bank-specific taxes could make the… The post UK Finance warns chancellor a Budget bank tax could hike mortgage rates appeared first on Mortgage Strategy.
GB Bank has relaunched its commercial lending range and increased its maximum loan size from £20m to £25m. The bank will offer bridging and longer-term loans for the purchase and refinance of commercial property. It will also allow borrowers to combine bridging and term finance… The post GB Bank relaunches commercial range and raises max loan to £25m appeared first on Mortgage Strategy.
Hanley Economic Building Society has appointed Paul Learoyd as chief operating officer (COO). Learoyd joins from West Brom Building Society, where he was digital programme director. His previous experience includes senior mortgage, proposition and transformation roles at Admiral Money, Pepper Money and Saffron Building Society,… The post Hanley Economic hires Learoyd as chief operating officer appeared first on Mortgage Strategy.
Fleet Mortgages has launched a range of Renters’ Rights Act resources to help advisers support landlords as the next stages of the legislation are introduced. The new resources are available through a Renters’ Rights Act page on the Fleet Mortgages website. Fleet said this would… The post Fleet launches Renters’ Rights Act broker resources appeared first on Mortgage Strategy.
HSBC and Clydesdale are raising rates tomorrow following increases by major lenders including Barclays and Halifax which came into effect today. While HSBC does not give advance details of the scale of increases, brokers predict that some of its most competitive sub-5% deals are likely… The post HSBC and Clydesdale to hike prices appeared first on Mortgage Strategy.
Mortgage Strategy is proud to announce the two MS NextGen teams shortlisted for the Future of the Mortgage Industry Challenge 2026. The teams will present their proposition (followed by a Q&A) at the Mortgage Innovation and Technology (MIT Live) conference in London in October -… The post Shortlist confirmed for MS NextGen’s Industry Challenge appeared first on Mortgage Strategy.
It was another bumper haul for HMRC between April and August as it collected £391.6bn in total tax and national insurance contributions (NICs). This figure was £24.9bn higher than it collected in the same period last year. Capital gains tax (CGT) receipts were £198m, compared… The post HMRC tax receipts hit £391.6bn appeared first on Mortgage Strategy.
