Mortgage

Mortgage rate hit to economy same as 2p tax hike: Lib Dems

The hit to the economy from soaring mortgage rates will be equivalent to a 2p income tax hike. This is...

Glenhawk launches free bridging valuation promotion 

Glenhawk has launched a promotion that will see it pay borrower valuation fees up to £2,500, inclusive of VAT, on...

United Trust Bank hires Purdy as head of bridging sales  

United Trust Bank has hired Paula Purdy as head of sales – bridging finance, taking up her post immediately. Purdy...

Feature: Talent scheme – Securing the industry’s future

Shutterstock/Andrii Yalanskyi“It’s a huge beast to turn but if we can’t attract the calibre of candidates now then we are...

Average fixed rates rise after MPC interest hike

Average fixed mortgage rates continued to rise this week as the BoE raised interest rates to 5%. Moneyfacts reveals that...

Mortgage Strategy’s Top 10 Stories: 19 June to 23 June

Catch up on Mortgage Strategy’s most popular stories this week. Michael Gove, the housing secretary, has expressed support for long-term...

FHA Mortgage Loan Terms: Understanding Equity

Home equity is an important term to understand when you’re applying for any kind of mortgage loan, but for some...

Remo searches jump 40% as BoE hikes rate: Twenty7tec  

Broker remortgage searches yesterday jumped by 38.8% to 40,902 enquires, compared to an average Thursday, says Twenty7tec. The data from...

London landlords may need to up rents £600 to remain in profit

Landlords would need to raise rents by £614 a month in London and the South East to remortgage at current...

Aldermore pulls resi and BTL ranges  

Aldermore will pull all of its residential and buy-to-let mortgage fixed-rate products on Monday 26 June “due to wider market...

Govt mortgage summit must ease crisis, say opposition parties  

Opposition parties have called on the Chancellor’s summit with lenders over the mortgage crisis to come up with concrete plans...

Comment: Satisfaction rates say it all

The pandemic finally feels like it’s permanently in the rear-view mirror. Reading about the next novel coronavirus and the fears...