The economic climate is affecting people’s decisions and their emotional response to risk, a survey by the Association of Mortgage Intermediaries (AMI) found. As the launch of Ami’s 2025 Protection Viewpoint Report approaches, the association reveals that in its survey of 3,000 consumers over three… The post Economic climate impacting decisions and emotional response to risk: Ami appeared first on Mortgage Strategy.
Rightmove has urged the government to review how wide-ranging stamp duty taxes are levied at next month’s Budget, calling it “a significant barrier for many people moving home”. The call from the property website comes after Conservative leader Kemi Badenoch, in a surprise move, yesterday… The post Just 5% of homemovers and 40% of FTBs avoid stamp duty: Rightmove appeared first on Mortgage Strategy.
Almost two-thirds (58%) of second-time buyers who compared mortgage deals were considering terms of three years or longer in the 30 days to 1 October 2025, moneyfactscompare.co.uk website data reveals. The data shows that in comparison, only around one in three homeowners seeking to remortgage (34%)… The post Second-time buyers dominate demand for longer term fixes: Moneyfacts appeared first on Mortgage Strategy.
Two Bank of England rate setters have backed ‘higher for longer’ interest rate policies to restore price stability and boost consumer confidence. High inflation that has fallen from 11.1% in October 2022 to its current 3.8% has “scarred” consumers, said the Bank’s Monetary Policy… The post Two BoE rate setters back ‘higher for longer’ rates appeared first on Mortgage Strategy.
Coventry Building Society, which owns the Co-operative Bank, has begun a redundancy consultation with staff that could result in over 100 workers across the group losing their jobs, including roles among its mortgage teams. Notices were sent to staff yesterday, consulting 176 workers, with up… The post Exclusive: Coventry BS consults on over 100 job losses after Co-op merger appeared first on Mortgage Strategy.
NatWest has pulled 11 landlord purchase and remortgage deals today, the bank says on its broker hub. The withdrawn buy-to-let products cover: Two-year fixed-rate purchases 75% loan to value at 3.63%, with a £3,999 product fee Five-year fixed-rate purchases 75% LTV at 4.08%, with… The post NatWest pulls 11 landlord purchase and remo deals appeared first on Mortgage Strategy.
Conservative leader Kemi Badenoch has pledged to abolish stamp duty on primary homes if the party returns to power at the next election. “Our housing market is not working as it should, said Badenoch in a surprise part of her speech at the party’s… The post Badenoch pledges to scrap stamp duty appeared first on Mortgage Strategy.
Delays to the eviction process in the courts are leaving landlords with average losses of £12,700 per property when tenants stop paying rent, the High Court Enforcement Officers Association (HCEOA) has warned. In London, the average waiting time for an eviction after a court order… The post Eviction delays cost landlords an average of £12,700: Report appeared first on Mortgage Strategy.
Together has scrapped its 1.5% loading fee on buy-to-let and commercial term loans for expats and foreign nationals. The specialist lender says BTL variable rate loans start from 8.54%, while commercial term offers begin at 8.44% — with a 7% fee. The firm adds… The post Together scraps 1.5% fee for foreign national and expat BTL deals appeared first on Mortgage Strategy.
Mortgage application numbers increased by almost 23% in September compared to the same month last year, figures from Stonebridge show. The mortgage network found that borrowers are increasingly favouring shorter-term fixes, with 64% of new fixed-rate loans taken out for three years or less, up… The post Mortgage applications surge by 23% in September: Stonebridge appeared first on Mortgage Strategy.
