Despite early signs of renewed momentum towards the end of December, property transaction activity in the fourth quarter was dampened by hesitation, Landmark Information Group’s fourth quarter report reveals. This comes as external economic and fiscal factors continued to cause buyers and sellers to delay… The post Hesitation dampened Q4 property transaction activity: Landmark appeared first on Mortgage Strategy.
Foxtons has reported an increase in revenue, but profits remained broadly flat for 2025 in an end-of-year trading review. The unaudited figures indicate the estate agency chain’s revenue was £172 million, up by around 5% on the previous year. Its operating profits were £22m, down… The post Foxtons reports revenue up but profits flat for 2025 appeared first on Mortgage Strategy.
Stonebridge has hired Liz Obee as national recruitment manager. Obee brings with her extensive experience in the mortgage sector having previously worked as a mortgage and protection adviser for over 10 years. Her earlier career included stints at Countrywide and Moneysprite, before she spent two… The post Stonebridge hires Obee as national recruitment manager appeared first on Mortgage Strategy.
The supply of secured household credit is rising, with the trend set to continue, according to the latest Bank of England credit conditions survey. The survey found that the availability of secured credit to households increased in the three months to the end of November… The post Household credit supply is rising, lenders say appeared first on Mortgage Strategy.
New data obtained through a recent Freedom of Information (FOI) request to the FCA by Network Consulting, seeking the total number of Directly Authorised (DA) intermediary firms and advisers operating in the retail advice space across both wealth and mortgages, reveals a market undergoing significant… The post DA contraction vs network growth: The new market divide? appeared first on Mortgage Strategy.
Nationwide has cut rates across its fixed rate mortgage range for first-time buyers and those looking to move home, effective tomorrow (15 January). These latest changes will see rates reduced by up to 0.20% across two-, three- and five-year fixed rate products with Nationwide’s lowest… The post Nationwide launches lowest rate at 3.50%, Clydesdale trims prices appeared first on Mortgage Strategy.
The Equity Release Council (ERC) has promoted Kelly Melville-Kelly to the role of deputy chief executive as part of a major restructure. Melville-Kelly becomes deputy chief executive immediately, reporting into chief executive Jim Boyd. She remains director of risk, policy and compliance. As part of… The post Equity Release Council promotes Melville-Kelly to deputy chief exec appeared first on Mortgage Strategy.
Shawbrook Retail Mortgages has made a series of residential mortgage rate reductions across The Mortgage Lender (TML) and Bluestone Mortgages. Bluestone Mortgages has lowered prices by up to 20 basis points across selected products. These include a 15bps cut on 85% loan-to-value (LTV) two-year deals,… The post TML and Bluestone Mortgages trim prices appeared first on Mortgage Strategy.
The Property Ombudsman has reminded buyers of their right to use the mortgage broker of their choice after a Panorama documentary last year exposed some estate agents’ tactics. In newly-published guidance for consumers, the Ombudsman reinforces the fact that conditional selling, where an estate agent pressures… The post Ombudsman reminds buyers of right to choose broker after estate agent scandal appeared first on Mortgage Strategy.
Keystone Property Finance has entered into a new technology partnership with valuation panel management firm Method. The partnership will streamline the valuation process for its brokers and landlord clients on all valuations including the more complex ones such as houses of multiple occupancy and multi… The post Keystone enters tech partnership to streamline valuation process appeared first on Mortgage Strategy.
