UK inflation has increased to 3.4% in the 12 months to December, the Office for National Statistics reveals. December’s figures was 0.2% higher than the 3.2% reported in November. Alcohol and tobacco, and transport made the largest upward contributions to the monthly change. While today’s… The post Inflation rises to 3.4% in December: ONS appeared first on Mortgage Strategy.
NatWest will reduce rates on new business, existing customer and additional borrowing product ranges, effective 22 January. Purchase deals will be lowered by as much as 11 basis points, these include 60% LTV fixed rates, which will go down from 3.62% to 3.56% with a… The post NatWest to cut new business and existing customer rates, Newcastle trims prices appeared first on Mortgage Strategy.
Vernon Building Society has reduced rates by up to 0.16% across 11 variable (discount) mortgage products. The rate reductions include the Vernon’s complex prime two-year discount 80% loan-to-value (LTV) mortgage, which has been reduced from 4.65% to 4.49%. In addition, the discount BTL two-year mortgage… The post Vernon BS lowers variable rates by up to 0.16% appeared first on Mortgage Strategy.
TMG Mortgage Network has appointed Jasmine Smith as head of sales and recruitment. Smith joins from Melton Building Society, where she worked for 10 years. Most recently, she served as key account manager, where she worked closely with intermediary firms across the UK mortgage market.… The post TMG Mortgage Network hires Smith as head of sales and recruitment appeared first on Mortgage Strategy.
Kensington, United Trust Bank and Market Harborough Building Society are the latest lenders to cut rates this week. At Kensington, two and five-year fixed rates in its buy-to-let prime and core ranges are falling by up to 25 basis points. Following the changes, which also… The post Kensington, UTB and Market Harborough join rate cuts appeared first on Mortgage Strategy.
Precise has lowered rates across the board and introduced 40-year term loans. The reduced rates mean prices now start from 4.48% and include adverse credit history support. Products are available with term options of up to 40 years and up to 97% loan-to-value (LTV) with… The post Precise trims prices and adds 40-year term loans appeared first on Mortgage Strategy.
Keystone Property Finance has secured a new funding line with an international investment bank to boost its lending volumes. The new funding line is in addition to the two long-standing funding partnerships already in place. Keystone Property Finance chief executive David Whittaker says: “This new… The post Keystone secures new funding line to boost lending volumes appeared first on Mortgage Strategy.
Traditional barriers to homeownership are easing, indicated by smaller deposits, consistent demand for more affordable properties, and a growing preference for higher loan-to-value (LTV) mortgages. This is according to Barclays’ latest Property Insights report which also reveals that a third of Gen Z (34%) hope… The post Gen Z upbeat on homeownership in 2026: Barclays appeared first on Mortgage Strategy.
Santander has made rate reductions to some new business residential and buy-to-let (BTL) fixed rates, effective 21 January. The cuts include residential home mover (including new build) all 60% loan-to-value (LTV) five-year fixed rates, which have been lowered by up to 0.10% and first-time buyer… The post Santander and Molo reduce rates appeared first on Mortgage Strategy.
Continued improvement in affordability helped support first-time buyer activity over 2025, according to the latest Nationwide Housing Affordability Report. Affordability is most stretched in London and South of England, while the North and Scotland are the regions most affordable. Commenting on the figures, Nationwide’s senior… The post Improved affordability boost to FTBs – Nationwide appeared first on Mortgage Strategy.
