Cynergy Bank has launched its first mortgage-backed security (MBS). The firm’s first securitisation is a cash derecognition residential MBS called Lovelace CBP 01. It is backed by buy-to-let mortgages secured on residential and commercial properties. The bank said the MBS launch allows it to achieve… The post Cynergy Bank launches first mortgage-backed security appeared first on Mortgage Strategy.
Nearly a quarter (24%) of private renters feel their home is unsafe or in poor condition, according to a survey by Generation Rent. The rental organisation said 27% did not feel confident asking their landlord to fix something, even if ti was the responsibility of… The post Almost a quarter of renters say their home is unsafe, says Generation Rent appeared first on Mortgage Strategy.
Disturbing research about women who have held a joint mortgage during the past two years has found that one in eight has experienced joint-mortgage economic abuse from a current or former partner. The Surviving Economic Abuse (SEA) charity last year uncovered how perpetrators were using… The post Close to home: Economic abuse appeared first on Mortgage Strategy.
The Intermediary Mortgage Lenders Association (IMLA) has welcomed the FCA’s Feedback Statement and roadmap on DP25/2, describing it as a positive and constructive step towards widening access to sustainable homeownership while maintaining high standards of responsible lending. IMLA said it was encouraged by the tone… The post IMLA welcomes FCA focus on advice and affordability appeared first on Mortgage Strategy.
The UK mortgage market has seen significant shifts and trends over the last 11 months, driven by fluctuating rates and an influx of ambitious first-time buyers, says Mojo Mortgages. Mojo’s data shows that this year 95.5% of customers completed a mortgage with a fixed rate… The post A year in review: Mojo Mortgages appeared first on Mortgage Strategy.
Mortgage industry leaders are torn over whether the Financial Conduct Authority should provide guidance on the use of AI or remain as flexible as possible to give firms maximum freedom to innovate. Speakers on the Leader Panel: Building the Future of the Mortgage Business talked… The post MIT Live: Mortgage leaders conflicted over FCA’s stance on AI appeared first on Mortgage Strategy.
Homebuyers paid £13.7 billion in Stamp Duty between January and November of 2025, according to analysis of the latest HM Revenue & Customs figures by Coventry Building Society. This was 19% higher than the £11.5 billion paid over the same period of 2024. In November… The post Homebuyers paid £13.7bn Stamp Duty in 2025 so far appeared first on Mortgage Strategy.
As 2025 comes to an end, the protection industry is experiencing a period of transformation. This is being shaped by evolving consumer needs, greater regulatory uncertainty, and increasing expectations for technology, most notably AI, to impact our industry. Pleasingly, this year we have seen steady… The post Blog: The protection market is transforming appeared first on Mortgage Strategy.
The pace of mortgage rate cuts is low but continuing, the latest rate watch data from Moneyfacts reveals. Week-on-week, the average two-year fixed rate fell from 4.84% to 4.82% and the average five-year fixed rate fell by 1bps to 4.90%. Meanwhile, the Moneyfacts Average Mortgage… The post Pace of lender rate cuts stays low, says Moneyfacts appeared first on Mortgage Strategy.
Housing sales in 2025 so far have hit 1.2 million, the highest level for three years, according to Zoopla. But house prices have lagged, with the typical property now worth £270,300, Zoopla said, 1.1% more than the same point in 2024. That is less than… The post House sales hit three-year high, says Zoopla appeared first on Mortgage Strategy.
