Lender rate activity is picking up after the Christmas break, according to this week’s Moneyfacts rate watch. This week 15 lenders tweaked their rates, with the average two-year and five-year fix falling by 3bps to 4.8% and 4.88%, respectively. Meanwhile, the Moneyfacts average mortgage rate… The post Lender activity picks up after Christmas lull, says Moneyfacts appeared first on Mortgage Strategy.
This week’s top headlines: HSBC makes rate changes on a range of fixed deals and April Mortgages chases growth with trio of appointments. Explore these and other major industry updates below: HSBC makes rate changes on a range of fixed deals HSBC has announced… The post Mortgage Strategy’s Top 10 Stories: 08 Dec to 12 Dec appeared first on Mortgage Strategy.
The next generation of first-time buyers (FTBs) will leave school with something that most of their parents never had at that stage: a proper understanding of what a mortgage is and how it works. From 2028, alongside learning about ancient Egypt, Pythagoras’s theorem and how… The post The future of financial literacy appeared first on Mortgage Strategy.
West Brom Building Society has launched two products for first time buyers and home movers with £2,000 cashback now available on two of its five-year fixed mortgage deals. The £2,000 cashback offer applies at 90% and 95% LTV, with an interest rate of 4.96% on… The post West Brom BS launches £2k cashback products appeared first on Mortgage Strategy.
RAW Capital Partners has introduced an overpayment feature across its mortgage range. The new feature will allow customers to make one fee-free overpayment of up to 10% of their outstanding loan balance each year. Under the new terms, borrowers can make a single annual overpayment… The post RAW Capital Partners adds overpayment feature appeared first on Mortgage Strategy.
Hodge Bank has lowered rates by as much as 0.30% across its residential mortgage range. The reductions come following December’s Bank of England base rate reduction and reflect what is describes as a “growing confidence in the mortgage market”. Rate reductions have been made to… The post Hodge lowers rates by up to 0.30%, Halifax Intermediaries trims prices appeared first on Mortgage Strategy.
Hampshire Trust Bank (HTB) has promoted Barry Ireland and Wes Baker to regional account directors. The promotions build on the career advancement programme introduced in 2024 and led by Andrea Glasgow, sales director for specialist mortgages and bridging finance. Both Ireland and Baker were promoted… The post HTB promotes Ireland and Baker to regional account directors appeared first on Mortgage Strategy.
Barclays is making a slew of competitive new year mortgage rate cuts that are already being welcomed by brokers. From 9 January the lender will be cutting its purchase homeloans by up to 8bps, remortgages by up to 5bps and EMC Reward deals by as… The post Barclays makes slew of purchase and remortgage rate cuts appeared first on Mortgage Strategy.
Gen H has made appointments within its sales team. The changes will see Sarah Courtnage move into the role of senior business development manager and Paddy Doyle take on the position of corporate account lead. Meanwhile, Josh Holmes will carry on in his role as… The post Gen H makes changes to sales team appeared first on Mortgage Strategy.
Mortgage Advice Bureau (MAB) has appointed Alan Richardson as head of protection excellence. Richardson joins from LifeSearch where he worked for 12 years. In his new role, Richardson will report to MAB protection proposition director Andy Walton. He will play a key role in shaping… The post MAB appoints Richardson to newly created protection role appeared first on Mortgage Strategy.
