Money markets have ramped up bets on the chances of the Bank of England cutting the base rate before Christmas after inflation again held steady yesterday. Traders are now pricing in a 70% chance of a 25 basis points cut to Bank rate to 3.75%… The post Steady inflation sees markets step up bets on Christmas rate cut appeared first on Mortgage Strategy.
The government has announced new emergency measures to tackle the housebuilding crisis in London. The emergency measures, which are subject to consultation, are set to “significantly ramp up housebuilding, unlock stalled sites and ensure more affordable homes are being built across the capital”. The package… The post Government unveils emergency measures to tackle housebuilding crisis in London appeared first on Mortgage Strategy.
The co-operative bank for intermediaries has temporarily withdrawn selected fixed rate products from its mainstream mortgage range for new business. Effective tomorrow (24 October), the bank has withdrawn its purchase two-year fixed products at 85% and 90% loan-to-value (LTV) with a fee of £999 and… The post Co-op withdraws select fixes, HSBC makes rate cuts appeared first on Mortgage Strategy.
Home finance complaints fell by 6% in the first half of 2025 compared to the previous six months, while overall financial services complaints increased by 4%, the Financial Conduct Authority (FCA) reveals. The data shows that home finance complaints fell from 83,936 in the second… The post Home finance complaints fall in H1: FCA appeared first on Mortgage Strategy.
Foxtons-owned broker Alexander Hall said its revenue jumped 37% to £3.1m in the third quarter of the year, driven by rising home loan refinancing. It added that new purchase mortgage revenue “remained stable despite a weaker sales market,” in the three months to the end… The post Alexander Hall sees sales jump 37% in Q3 appeared first on Mortgage Strategy.
The Renter’s Rights Bill passed to its Royal Assent stage today, the final journey of the legislation before the wide-ranging Act becomes law. The House of Commons completed formal consideration of a range of Lords amendments to the Bill, which aims to end bidding… The post Renter’s Rights Bill to become law as it heads for Royal Assent appeared first on Mortgage Strategy.
Good Place Lettings has launched an “ethical” office for private landlords in London. Its Brick Lane office, in the East End of the capital, aims to “tackle housing inequality head-on by helping private rented sector landlords offer good quality homes for rent alongside responsible… The post Good Place Lettings launches ‘ethical’ London agency for private landlords appeared first on Mortgage Strategy.
Plans to retire or step back are the primary motives for business owners looking to sell as part of business acquisition deals, Asset Advantage’s latest commercial broker survey reveals. When commercial finance brokers were asked what the main reasons are as to why business owners… The post Retiring owners drive demand for sales funding: Asset Advantage appeared first on Mortgage Strategy.
Atom is recruiting 30 new staff for a variety of positions including two roles in its mortgage team. Following its relocation from Durham to Newcastle, the bank is seeking two key hires for its residential and commercial lending arms. The commercial mortgage team is looking… The post Atom seeks 30 new staff including two mortgage roles appeared first on Mortgage Strategy.
Just Mortgages has strengthened its senior team with the appointment of Alan Finney as divisional sales director. Finney brings more than 30 years of financial services experience to Just Mortgages and is known for his long tenure with Coventry Building Society. He joined the mutual… The post Just Mortgages appoints Finney as divisional sales director appeared first on Mortgage Strategy.
