The Bank of England must guard against cutting the interest rate “too far, or too fast,” to avoid higher inflation, warns the central bank’s chief economist. Huw Pill, who also sits on the Bank’s rate-setting Monetary Policy Committee, said high services prices and wages… The post BoE’s Pill cautions against cutting rates ‘too far, or too fast’ appeared first on Mortgage Strategy.
Activity in the mortgage market this week was relatively mixed but still muted, according to the latest data from Moneyfacts. Some notable lenders made some increases, while building societies were more inclined to make reductions. The average two- and five- year fixed rates have remained… The post Building societies tending to reduce rates in quiet week: Moneyfacts appeared first on Mortgage Strategy.
Top two headlines this week: FCA announces open banking mortgage tests and The Chancellor is looking at tax rises and spending cuts in upcoming budget. Explore these and other major industry updates below: FCA to run open banking mortgage tests The Financial Conduct Authority… The post Mortgage Strategy’s Top 10 Stories: 13 Oct to 16 Oct appeared first on Mortgage Strategy.
Paragon Bank has launched three 75% loan-to-value limited edition landlord fixed-rate loans, with rates starting at 3.29%. The specialist lender says two-year fixed-rate mortgages include a 3.29% option for single self-contained properties with an energy performance certificate rating of A to C, rising to… The post Paragon Bank launches three limited edition 75% LTV landlord loans appeared first on Mortgage Strategy.
The cost of living is forecast to hit its highest level this year, coming in at 4% when official data is published next week. Deutsche Bank expects inflation to come in at this mark, from its current 3.8%, driven by a range of items… The post Inflation preview: Hitting peak? appeared first on Mortgage Strategy.
Network Consulting’s latest mortgage network table for third quarter 2025 paints a clear picture of a market in motion. With 9,614 appointed representative (AR) firms and 16,127 advisers holding mortgage permissions, the AR intermediary sector continues its steady upward trajectory. This marks a sustained rise… The post Advisers seeming to prefer the AR model appeared first on Mortgage Strategy.
Market Harborough Building Society has cut its residential larger loan rates by up to 26 basis points, for cases between £3m and £5m. The mutual says its variable and two-, three- and five-year fixed larger loan rates have dropped by the following: Tier one… The post Market Harborough BS cuts large resi loans by up to 26bps appeared first on Mortgage Strategy.
Newcastle for Intermediaries has launched its new low-deposit mortgage proposition to the rest of market. This follows its initial launch with London and Country Mortgages, Connells Group and Mortgage Advice Bureau in September. First Step is designed to boost options for first-time buyers with smaller… The post Newcastle for Intermediaries broadens low-deposit loan distribution appeared first on Mortgage Strategy.
Landbay has launched two new premier like-for-like products. The buy-to-let (BTL) lender has introduced a premier like-for-like two-year fixed rate remortgage at 4.49% with a maximum 75% loan-to-value (LTV) and a 2% fee. It has also added a product transfer two-year fixed rate with a… The post Landbay launches two premier like-for-like products appeared first on Mortgage Strategy.
Chetwood Bank has signed a deal with Target that sees the business processing firm manage the digital challenger’s loan products. The bank, which also owns broker-only landlord lender ModaMortgages, says the agreement means Target now handles its “full end-to-end loan account management”. Chetwood Bank… The post Chetwood Bank signs loans management deal with Target appeared first on Mortgage Strategy.
