Bradford retained pole position as the UK’s leading housing hotspot in the three months to July, according to the latest research from OnTheMarket. The property website’s Hotspots Index looks at the number of available sales properties over a quarter, comparing that against the volume of onsite activity,… The post Bradford retains crown as UK’s top homes hotspot: OnTheMarket appeared first on Mortgage Strategy.
This week’s top headlines: Chancellor considers replacing stamp duty with new property tax, and weighs up mansion tax for homes over £1.5m Explore these and other major industry updates below: Chancellor considers replacing stamp duty with new property tax: Report Chancellor Rachel Reeves is weighing… The post Mortgage Strategy’s Top 10 Stories: 18 Aug to 22 Aug appeared first on Mortgage Strategy.
Describe your firm in a few sentences. Cutting Edge Mortgages is a directly authorised conglomerate of brokers and staff, all working towards personal and firm-wide goals. We all have a wide range of skills and expertise, and we support each other to provide the best… The post Broker Focus: Rebecca Wilkins, principal mortgage and protection adviser at Cutting Edge Mortgages appeared first on Mortgage Strategy.
Reports that the Chancellor is looking at plans to add a mansion tax to homes worth over £1.5m could destabilise the current market for higher value homes. One measure being weighed up by the Treasury is to end the longstanding capital gains tax exemption… The post Mansion tax may hit current high-value homes market, says industry appeared first on Mortgage Strategy.
Bond yields hit a two-month high as investors view any further interest rate cuts this year as unlikely. Two-year bond prices jumped to their highest level since 9 June, rising three basis points to around 3.999%, as markets priced in later rate cuts by… The post Bond yields rise with markets gloomy on further 2025 rate cuts appeared first on Mortgage Strategy.
There were few lenders making rate changes this week, but despite the reduced activity, there were a couple of prominent brands tweaking rates. And as Moneyfactscompare.co.uk finance expert Rachel Springall explains this movement led to a slight fall of 0.01% to the two- and five-year… The post Average five-year rate below 5% for first time since 2023: Moneyfacts appeared first on Mortgage Strategy.
TSB has cut residential fixed-rate loans by up to 30 basis points, Keystone Property Finance reduces selected expat rates by up to 40bps, while Gatehouse Bank has announced a rental rate reduction of 25bps across its buy-to-let purchase plans. The high street bank says its… The post TSB, Keystone and Gatehouse Bank cut rates appeared first on Mortgage Strategy.
The advertising watchdog has ruled that a national newspaper advert by Lloyds Bank which stated “£19.5bn for social housing… And that’s just the start” was misleading. The advert, published in The Times on 25 March, featured a black horse galloping past new homes under construction.… The post Lloyds rebuked over ‘misleading’ £19.5bn social housing ad claims appeared first on Mortgage Strategy.
English homebuyers have seen their stamp duty payments jump over 20% to £8bn this year, according to Coventry Building Society’s analysis of the latest HMRC statistics, with properties in all parts of the country now liable to pay the tax. The mutual says: “While… The post New stamp duty threshold pulls new regions into tax: Coventry BS appeared first on Mortgage Strategy.
Aldermore has rolled out two new five-year limited edition buy-to-let homeloans, available immediately. The new deals, both carrying a 5% fee, include a five-year fixed rate at 4.34% up to 75% LTV for individual and company landlords with single residential investment properties. Also a five-year… The post Aldermore unveils pair of five-year BTL homeloans from 4.29% appeared first on Mortgage Strategy.
