Almost half (49%) of aspiring buyers are tackling affordability challenges by ‘home hustling their way to ownership’, finding new and innovative ways to save for a deposit, Santander reveals. Seven in 10 aspiring buyers say that home ownership is difficult for young people today with… The post Half of aspiring buyers are ‘home hustling to ownership’: Santander appeared first on Mortgage Strategy.
Who’d have thought, this time last year, that the Renters’ Rights Act would be the one sure thing in the mortgage market in 2026? Phase one of implementation introduces some of the most significant structural changes the private rental sector (PRS) has seen in years,… The post Buy-to-Let Watch: Ready yourselves for 1 May appeared first on Mortgage Strategy.
HSBC and Principality are the latest lenders to reveal rate cuts tomorrow, while Virgin Money is raising tracker costs at the same time as lowering fixes. HSBC’s prices are set to fall across both residential and buy-to-let ranges tomorrow, but the lender does not give… The post HSBC, Principality and Virgin join price cuts but some trackers rise appeared first on Mortgage Strategy.
The FCA and PRA will overhaul the Senior Managers and Certification Regime (SM&CR) to cut the regulatory burden and cost for firms.The FCA said the changes will not water down the “core principle of senior leader accountability”. Among the tweaks will be reduced annual checks… The post FCA streamlines senior managers regime to cut costs for firms appeared first on Mortgage Strategy.
Gen H has appointed Joe Solomon, Lewis Banks, and Lisa Taylor into newly created business development manager roles. Before joining Gen H, Solomon worked in SaaS and specialist lending. Solomon spent two and a half years with Enra Specialist Finance in business development. Banks has… The post Gen H hires three to sales teams and promotes Sturla appeared first on Mortgage Strategy.
Primis has made three senior promotions in a bid to grow the network and strengthen support for brokers. Sarah Evans takes up the position of recruitment director. In her expanded role, she will focus on bringing new firms into the Primis network and TMA Mortgage… The post Primis promotes three staff to senior roles appeared first on Mortgage Strategy.
Foundation has launched new specialist products covering both large HMO and short-term let, and has also cut fixed-rates on a number of standard, standard HMO and MUFB products. The new large HMO products include a two-year fixed rate at 5.29% (with a 3% fee) and… The post Foundation adds large HMO and short-term let products, cuts fixes appeared first on Mortgage Strategy.
The FCA has issued a warning to principals of networks about the risks of failing to properly monitor appointed representatives. In a review of practices it has seen across financial services, the regulator highlights good practices and areas for improvement. It raised concerns about networks… The post FCA issues warning to networks on oversight of ARs appeared first on Mortgage Strategy.
PMS Mortgage Club has reappointed Richard Goppy as director of acquisition and key accounts for PMS. In this role, Goppy will attract new firms and strengthen relationships with existing members. Goppy brings more than 40 years of experience in financial services and returns to PMS… The post Richard Goppy rejoins PMS Mortgage Club appeared first on Mortgage Strategy.
Barclays will be cutting more than 20 purchase and remortgage rates on 22 April by up to 36bps. The lender said these cuts priced some of its products as market leaders, namely two-year fixes at 60% and 75% LTV. Barclays’ current two-year purchase fix at… The post Barclays slashes mortgage rates by up to 36bps appeared first on Mortgage Strategy.
