First Mortgage has acquired Kinleigh Folkard & Hayward’s (KFH) Financial Services mortgage division. KFH is a London estate agency, with more than 50 branches across the capital. As part of the acquisition, First Mortgage will be joined by KFH’s mortgage advisory team, led by Kelly… The post First Mortgage acquires Kinleigh Folkard & Hayward’s mortgage division appeared first on Mortgage Strategy.
The number of over-65s renting rather than owning a home is rising, according to a government survey. The English Housing Survey found that 461,000 over-65s lived in private rented households in 2024/25. That is only 6% of the total 7.4 million homes where the main… The post More retirees now renting, says government survey appeared first on Mortgage Strategy.
Nationwide will cut its fixed rate mortgage range, with the lowest rate now at 3.58%. The lowest rate now stands at 3.58% and it is the first time that Nationwide has offered a fixed mortgage rate lower than 3.60% since September 2022. First-time buyers reductions… The post Nationwide launches lowest fixed rate since September 2022 at 3.58% appeared first on Mortgage Strategy.
There has been a significant rise in solo first-time buyers, Santander UK reveals, as the effects of the Financial Conduct Authority’s mortgage rule changes begin to take hold. Santander’s data shows a 13% increase in sole-borrower, first-time buyer mortgage applications received between June and October,… The post Solo first-time buyers rise 13% between June and October: Santander appeared first on Mortgage Strategy.
The average age of a first-time buyer in England has risen from 32 just before the pandemic to 34 now, official statistics show. This two-year increase in the mean age of first-time buyers occurred between the 2019/20 and 2024/25, the latest English Housing Survey reveals.… The post Average age of first-time buyer climbs 2 years since pandemic appeared first on Mortgage Strategy.
The Mortgage Works has reduced rates by up to 0.20% across selected buy-to-let (BTL), limited company BTL and HMO products for existing customers. The lender’s switcher rate reductions include its two-year fixed rate BTL product, with a 3% fee, available up to 75% loan-to-value, which… The post The Mortgage Works lowers rates by up to 0.20% appeared first on Mortgage Strategy.
SmartSearch has expanded its partnership with Twenty7Tec to provide client verification for advisers, lenders and providers across mortgages, protection and wealth. SmartSearch’s SmartDoc, powered by Daon, will be integrated into Twenty7Tec’s ADVICE Platform. This will enable users to verify clients securely and quickly without the… The post Twenty7tec and SmartSearch expand partnership appeared first on Mortgage Strategy.
Paragon Banking Group’s pre-tax profits have risen 0.4%, according to the firm’s latest full-year results. Paragon made a pre-tax profit of £293.9million, according to its annual results for the year to 30 September 2025. That is a small rise from £292.7 million for the previous… The post Paragon Bank profits flat, loan book rises appeared first on Mortgage Strategy.
Mortgage lending for house purchase rebounded in the third quarter after a slump following the rush to beat April’s stamp duty deadline. The latest figures from UK Finance show that house purchase lending for the first three quarters of the year reached £128 billion, which… The post Mortgage lending bounces back in Q3: UK Finance appeared first on Mortgage Strategy.
GB Bank has launched its newly redeveloped website to better serve intermediaries and customers. The new site shows GB Bank’s proposition across its lending and savings products with a focus on supporting the intermediary sector. A dedicated intermediary section has been introduced to provide resources… The post GB Bank launches broker-focused website appeared first on Mortgage Strategy.
