The average UK house price rose 0.3% to a new high of £301,151 in February, according to the latest Halifax house price index. Annual growth was 1.3%, a rise from 1.1% from the previous month and the fastest pace for four months. Regionally, Northern Ireland… The post Average house price rises to record high in February: Halifax appeared first on Mortgage Strategy.
Nationwide is making rate hikes of up to 0.25% on selected fixed rates, effective tomorrow. This includes rates across its first-time buyer, home mover, existing customers moving home and remortgage products. In addition, rates will be increased on switcher and additional borrowing ranges. Trinity Financial… The post Nationwide becomes latest lender to increase rates appeared first on Mortgage Strategy.
Second charge mortgage new business volumes rose 35% by volume and 41% by value in December 2025, according to figures from the Finance & Leasing Association (FLA). There was £182 million of new business agreed in December, up 41% and 3,379 new agreements in the… The post New second charge business grows 35%: FLA appeared first on Mortgage Strategy.
Hampshire Trust Bank has promoted Henry Manley-Cooper to deputy managing director of bridging finance. The appointment strengthens the leadership of the bridging division at a time when Hampshire says short-term finance is playing a growing role for investors and developers. Manley-Cooper joined Hampshire Trust Bank… The post Hampshire Trust names deputy MD for bridging appeared first on Mortgage Strategy.
Buckinghamshire Building Society has increased the maximum loan-to-value (LTV) on its expat buy-to-let (BTL) products from 75% to 80% and has launched two new fixed rate options for both personal and limited company applicants. The new product options both offer a fixed rate until 31/05/2028… The post Bucks BS increases expat BTL maximum LTV and launches 2-year fixes appeared first on Mortgage Strategy.
Right Choice Mortgages has switched from Just Mortgages to join Stonebridge network as it seeks to accelerate its growth. The firm is led by Joe Childes and Stephanie Seddon and has six advisers operating across South Yorkshire, Cheshire and Manchester. Last year the Right Choice… The post Right Choice switches to Stonebridge network appeared first on Mortgage Strategy.
Nottingham Building Society reported profits before tax of £16.7 million for 2025, a rise of 20.1% on 2024. The mutual said underlying profit before tax was £20.9 million, a fall from £22.8 million in 2024. New mortgage lending was £900 million in 2025, down from… The post Nottingham Building Society reports 20% profit boost for 2025 appeared first on Mortgage Strategy.
Metro Bank has returned to profit for 2025 after cutting costs and doing more corporate lending. The bank made a pre-tax profit of £87.2 million in 2025, compared to a loss of £212.1 million in 2024. The 2025 profits were the result of cutting costs… The post Metro Bank returns to profit with £87.2m results appeared first on Mortgage Strategy.
Mortgage Brain has started the roll out of its new broker technology to Primis, following a successful first stage pilot last year. The technology has been in development throughout 2025 and is now ready for brokers to use the first elements of the system allowing… The post Mortgage Brain rolls out broker technology to Primis appeared first on Mortgage Strategy.
Soaring ground rents, service charges and other leasehold problems have created a “crisis” in the flats market that is making it impossible for many owners to sell, campaigners have told MPs. Speaking in front of the Housing Committee yesterday, Free Leaseholders founder Harry Scoffin called… The post Leasehold has created ‘crisis’ in sales of flats, MPs told appeared first on Mortgage Strategy.
