LendInvest has introduced fee-free selected products, while Suffolk Building Society will cut expat landlord rates by up to 16 basis points. The fintech platform says selected new purchases and remortgages across a range of property types will carry no product fees. It also launches a… The post LendInvest intros fee-free loans, Suffolk BS trims expat rates by up to 16bps appeared first on Mortgage Strategy.
Borrowers leaned towards short-term deals in July as the remortgage market saw a sharp rise in completions, according to the latest LMS Monthly Remortgage Snapshot. The report shows that 46% of borrowers opted for two-year fixed rate products, compared with 41% who chose five-year fixes.… The post Two-year fixes dominate as remortgage completions soar 71% appeared first on Mortgage Strategy.
The Chancellor’s proposals for a new tax on the sale of homes worth more than £500,000 alongside a comprehensive review of council tax have had a mixed reaction within the mortgage market. Propertymark says the new tax “must be carefully considered, fit for future purpose,… The post Chancellor’s stamp duty shake-up plans divide industry appeared first on Mortgage Strategy.
Clydesdale Bank will cut fixed-rate landlord and residential products by up to 51 basis points and has raised the price on one product, while Santander also lifts and reduces rates. Highlights of Clydesdale’s reductions, which come to market tomorrow, include: Core residential — including… The post Clydesdale Bank cuts prices by up to 51bps, Santander tweaks rates appeared first on Mortgage Strategy.
Quantum Mortgages has hired two business development managers who will cover the North of England and the Midlands. The broker-only lender says Nik Sukara (pictured), who covers the North of England, has “a strong track record in specialist lending”, having previously held senior business development… The post Quantum Mortgages hires two BDMs appeared first on Mortgage Strategy.
Average UK house prices increased by 3.7%, to £269,000, in the year to end of June 2025, with this annual growth rate up from 2.7%, in the 12 months to May 2025. These figures come from the latest Office for National Statistics (ONS) UK House… The post Average UK house price up by 3.7% for year to June: ONS appeared first on Mortgage Strategy.
OSB Group reported that loan originations increased by 10% to £2.1bn in the first six months of the year compared to a year ago. The specialist lending group owns a range of firms, including OneSavings Bank, Kent Reliance and Precise Mortgages. The group’s net loan book grew 1.2%… The post OSB Group lifts advances 10% in H1, but BTL originations slide appeared first on Mortgage Strategy.
Pexa, the property exchange platform, is launching its full proposition to the UK market in September. The company is adding its sale & purchase capability to its existing remortgage platform. To officially launch and showcase its platform, PEXA is hosting a series of six regional… The post Pexa launches full property transaction proposition to market appeared first on Mortgage Strategy.
Barclays has cut a range of new residential fixed-rate products with prices starting at 3.75%, while also launching new products. The bank says its lowest price sees two-year purchase fixes at 60% loan to value, fall 11 basis points to 3.75%, with a £899… The post Barclays cuts rates with prices starting at 3.75% appeared first on Mortgage Strategy.
The Royal Institution of Chartered Surveyors has launched a six-week public consultation on updates to its key home survey standard. The Rics survey was developed to support consistency, raise standards, and deliver public confidence in the residential survey market. It was launched in 2021 after being… The post Rics launches home survey update consultation appeared first on Mortgage Strategy.
