Just over half (51%) of landlords raised rents during the past 12 months, according to The Deposit Protection Service (The DPS). That is a fall of 2 percentage points from 53% in the same period of the year before. The organisation’s Private Rented Sector Review,… The post Half of landlords raised rents in the last year appeared first on Mortgage Strategy.
Together has launched its Premier for Intermediaries team, which will support brokers and their clients with larger funding requirements. Providing a tailored service for both personal and commercial cases over £1 million, the Together team promises underwriting assistance, guidance and fast, bespoke solutions. The team… The post Together launches larger loans team Together for Intermediaries appeared first on Mortgage Strategy.
Nationwide will cut fixed mortgage rates by up to 16bps for new and existing customers, while TSB is making cuts of up to 10bps. The cuts will apply across two, three and five-year fixed rate products. This now means Nationwide’s lowest rate now stands at… The post Nationwide and TSB cut fixed rates for new and existing customers appeared first on Mortgage Strategy.
Almost 37,000 first-time buyers were liable for stamp duty in the year to last April, with an average bill of £4,073, new analysis suggests. A Freedom of Information request by money app Plum revealed that approximately one in four first-time buyers had to pay the… The post A quarter of FTBs paid stamp duty before last year’s shake-up appeared first on Mortgage Strategy.
Mortgage arrears and possessions both fell in the fourth quarter of 2025, UK Finance reveals. UK Finance says there were 80,490 homeowner mortgages in arrears of 2.5% of more of the outstanding balance, 4% fewer than Q2. The overall proportion of mortgages in arrears remains… The post Mortgage arrears and possessions fell in Q4: UK Finance appeared first on Mortgage Strategy.
Paragon Bank appointed Sam Waterhouse as business development manager in its buy-to-let (BTL) mortgages sales team. Waterhouse brings more than 14 years of industry experience, rejoining Paragon following a two-year tenure as Landbay’s business development manager for the Midlands region. He initially spent 12 years… The post Paragon hires Waterhouse as BTL BDM appeared first on Mortgage Strategy.
The Right Mortgage (TRM) has launched a new arm, The Right Packager. The Right Packager is an in-house packager service that lets advisory firms place challenging mortgage cases that may previously have fallen outside of mainstream lending criteria. TRM said The Right Packager has been designed… The post The Right Mortgage launches The Right Packager arm appeared first on Mortgage Strategy.
Total construction output is estimated to have fallen by 2.1% in the fourth quarter of 2025 compared to Q3, the Office for National Statistics reveals. The latest data shows that new work and repair and maintenance both fell by 2.6% and 1.5%, respectively. Seven out… The post Construction output falls for third consecutive month: ONS appeared first on Mortgage Strategy.
The percentage of borrowers securing deals at 95% loan-to-value has increased by 61% from 2024 to the start of this year, new analysis by Mojo suggests. In 2024, it says that 7.7% of its customers secured a mortgage at 95% LTV or higher, while in… The post Mojo sees 61% jump in buyers securing 95% LTV deals appeared first on Mortgage Strategy.
Scottish Building Society has unveiled one-click mortgage applications for select brokers. The quicker applications are powered by software called FastSubmit, from Instamo. FastSubmit removes the need for brokers to manually key cases into lender portals. The solution automatically puts structured application data directly into lender systems,… The post Scottish Building Society unveils one-click applications appeared first on Mortgage Strategy.
