Leek Building Society, Precise Mortgages and Rely are cutting rates across several ranges by up to 49bps. Leek is cutting rates by up to 20bps on its residential 95% LTV range, with the same cuts applying to its limited company buy-to-let range and holiday let… The post Leek, Precise and Rely cut rates by up to 49bps appeared first on Mortgage Strategy.
This week’s top headlines: Virgin Money chief executive to retire as Nationwide deal completes and HTB launches BTL range with cheaper rates for lower risk deals. Explore these and other major industry updates below: Virgin Money chief executive to retire as Nationwide deal completes… The post Mortgage Strategy’s Top 10 Stories: 06 Apr to 10 Apr appeared first on Mortgage Strategy.
At the end of January, there was a clear sense of optimism in the property finance markets. Investor confidence was up, mortgage rates were going down, property price forecasts slanted more decisively upwards, and mortgage affordability was steadily improving. Most of the market figures were… The post Bridging Watch: Reliability comes into its own appeared first on Mortgage Strategy.
Sales of 100% mortgages hit a five-year high last year, with the North West and the South West the most popular regions for zero-deposit home loans. In the first three quarters of 2025 (January to September) sales of no-deposit mortgages reached a five-year high of… The post 100% mortgage sales hit five-year high appeared first on Mortgage Strategy.
How are you all doing? Are you all OK? I don’t know about you but I’m at a bit of a loss as to what to say, yet again, apart from using the glib term ‘shock and awe’. ‘Shock’ that for some reason 2026, worried… The post Market Watch: Yet more shocks? Cue our awesome response appeared first on Mortgage Strategy.
Principality Intermediaries has relaxed its eligibility for its 5.5x loan to income (LTI) feature for first time buyers. The updates include a reduction in the minimum loan size from £180,000 to £150,000. In addition, it has decreased the minimum income threshold from £40,000 to £30,000. This… The post Principality relaxes eligibility for 5.5x LTI feature for FTBs appeared first on Mortgage Strategy.
Leeds Building Society has strengthened its intermediary distribution team with the appointment of Michelle Ward. Ward joins Leeds from Virgin Money and Clydesdale Bank, where she held the role of national accountmanager. With more than 25 years’ experience in the mortgage industry, she brings extensive… The post Leeds BS expands intermediary distribution team with Ward appointment appeared first on Mortgage Strategy.
Mortgage rates showed signs of stability this week as the conflict in the Middle East began to ease, according to the latest Moneyfacts rate watch. Average two- and five-year fixed rates remain unchanged from 6 April, at 5.9% and 5.78% respectively. However, the average two-year… The post Mortgage rates start to stabilise as conflict eases: Moneyfacts appeared first on Mortgage Strategy.
New second charge lending rose 37% in February, according to figures from the Finance & Leasing Association (FLA). New lending rose to £214 million in the month, while new second charge agreements rose 27% to 3,904. FLA director of research and chief economist Geraldine Kilkelly… The post New second charge lending up 37% in February appeared first on Mortgage Strategy.
Vida Homeloans has expanded its proposition and made rate reductions of up to 0.72%. In addition, the new range now also includes additional 85% loan-to-value (LTV) residential products as well as fee saver and cashback residential products. There will also be cashback products available across… The post Vida drops rates by up to 0.72%, Keystone and April also lower prices appeared first on Mortgage Strategy.
