Mortgage

House prices fall for first time in 13 months: Halifax

UK house price annual growth eased to 11.8% in July making the average price of a home £293,221, according to...

Pro-consumer lobby group slams FCA over Consumer Duty rules

The Transparency Task Force (TTF), a pro-consumer lobby group, has decried the Financial Conduct Authority (FCA) over its Consumer Duty...

Brokers agonise over HSBC system errors

A number of brokers have approached Mortgage Strategy with complaints that HSBC’s online systems have prevented the submission and management...

Lenders raise home loans following BoE base rate rise

A range of lenders have moved to raise mortgage rates following the Bank of England’s noon decision to hike the...

Rate hike raises remortgage and living costs concern: Industry reaction

The Bank of England’s move to hike interest rates by 50 basis points, lifting interest rates to 1.75%, the highest...

Base rate rises 50bps to 1.75%

The Bank of England has raised the base rate by 50 basis points, lifting interest rates to 1.75%. This is...

UK equity release value tops £800bn for first time: Canada Life

The amount of equity available for release in UK homes topped £800bn for the first time, with this value lifting...

Second charge mortgage agreements up 24%: FLA

The number of new agreements made for a second charge mortgage in June came to 2,854 – 24% growth on...

Construction sector posts ‘disappointing’ figures for July

UK construction output fell for the first time in 18 months this July, new data from CIPS UK shows. Its...

Outer London landlords report strong 2022 demand: Paragon

The number of landlords with properties in Outer London reporting increasing tenant demand has surged over the last three months,...

Prime London property demand rising: Coutts

Interest in million-pound London housing has “boomed”, says Coutts, with 13% more sold in the second quarter of this year...

Recognise Bank appoints Jean Murphy as CEO

Bridging and commercial lender Recognise Bank has named Jean Murphy as its new chief executive. Murphy has worked in banking...