Bank of England rate-setters could surprise markets by cutting the base rate by a quarter point to 3.75% from 4% next week, say a range of major banks. Goldman Sachs says a weaker economy, lower inflation forecasts and lower wage rises are among the… The post MPC preview: Surprise rate cut? appeared first on Mortgage Strategy.
The estate agent who handled the rental of the Chancellor’s South London home has taken the blame for the failure to secure a selective license for the property while she lives in Number 11. Estate agents Harvey & Wheeler claimed responsibility for the “oversight”… The post Estate agent takes blame for Chancellor’s rent rule breach appeared first on Mortgage Strategy.
This week’s top headlines: The Renter’s Rights Bill becomes law and the Chancellor avoids probe after breaking rent licence rules Explore these and other major industry updates below: Renter’s Rights Bill becomes law as landlords call for six-month’s grace The Renters’ Rights Bill has… The post Mortgage Strategy’s Top 10 Stories: 27 Oct to 31 Oct appeared first on Mortgage Strategy.
InterBay has cut commercial mortgage rates by up to 50 basis points, while Santander will be trimming some residential deals on Monday. InterBay, which is part of OSB Group, has reduced prices within its semi-commercial range by up to 50 bps so that these now… The post InterBay and Santander cut rates appeared first on Mortgage Strategy.
Almost 82% of mortgage brokers believe the Bank of England should cut the base rate next week, a survey by HSBC has shown. In its most recent Broker Barometer, the bank found that 41% of advisers believe the base rate should drop by 25 basis… The post Nearly 82% of brokers call for base rate cut: HSBC survey appeared first on Mortgage Strategy.
Perenna will launch a range of seven-, 10-, and 15-year fixed-rate residential home loans next week. The longer-term lender says the loans are available exclusively through brokers from Tuesday 4 November, with rates starting at 4.89% for seven-year fixed-rate house purchases at 60% loan,… The post Perenna launches range of 7- to 15-year loans appeared first on Mortgage Strategy.
While flat sharing can be more affordable than renting, OneFamily reveals that saving money is the main reason people like living with flat mates, 36% say it’s cheaper than living alone. In a survey of 3,000 UK adults aged 18 to 40, four in five… The post Cost of living keeping adults stuck in house shares: OneFamily appeared first on Mortgage Strategy.
Foundation Home Loans and Leeds Building Society are the latest lenders to trim mortgage rates this week. Leeds is cutting rates by up to 11 basis points on residential fixed rates tomorrow, but has yet to reveal any more specific details of the cuts. Foundation… The post Foundation and Leeds Building Society trim costs appeared first on Mortgage Strategy.
Barclays has cut rates including reductions below 4%. The premier two-year fixed product at 60% LTV with a product fee of £899 has been lowered from 3.85% to 3.72%. The bank has also cut its two-year fixed at 60% LTV with a fee of £899… The post Barclays, Accord and Together make rate cuts appeared first on Mortgage Strategy.
We officially launched the 2026 Mortgage Strategy Awards a few weeks ago – and we’ve been amazed by the overwhelming response from across the industry! However, for those still wanting to enter, self-nominations are closing very soon! You have until Tuesday 11 November at 11:55pm,… The post Time to enter Mortgage Strategy Awards 2026 appeared first on Mortgage Strategy.
