Mortgage

Mortgage Advice Bureau sees 6% drop in broker numbers

The Mortgage Advice Bureau (MAB) saw total broker numbers fall following the mini-budget fallout. In its latest trading update, published...

TSB debuts 3-year purchase and remo range  

TSB has launched a three-year fixed-rate purchase and remortgage range, as borrowers search for options to combat rising interest rates,...

Later-life lending business impacted by ‘wait-and-see’ approach

Total equity release lending in the first half of 2023 was £1.38bn, down markedly from the £3.43bn in 2022. These...

Coventry BS to cut all 2-year, 5-year resi and BTL fixes  

Coventry Building Society says it will cut its entire range of two- and five-year residential and landlord fixed-rate loans on...

Lloyds reveal strong H1 numbers but storm clouds gathering

Lloyds Banking Group produced strong half years numbers this morning with statutory profits after tax of £2.9bn – up 17%...

West One relaunches resi loans, adds national account manager  

West One Loans has brought back its range of fixed-rate residential loans and boosted its senior team. The specialist lender...

Rising rental yields ‘signal opportunity for investors’

UK rental yields have seen a marginal increase in the past year despite the volatile nature of the housing market,...

Landlords compelled to increase tenant rent: Landbay

Almost two out of 10 buy-to-let landlords (18%) say they would not raise rents for their tenants if their own...

Mortgage sales slump by 42% year to date

The number of property transactions fuelled by the mortgage sector has fallen by 42% so far this year, with the...

Which FHA Loan Is Right For You?

There are some home loan options some won’t consider. A shorter loan term is one. In an era where lower...

News Analysis: Is a property crash unthinkable?

Over the past month or so, headlines in Mortgage Strategy have included: ‘Average house prices fall for fifth consecutive month’;...

Aldermore pledges set Dip times and withdrawal notice   

Aldermore has made three pledges to brokers that include a set product withdrawal notice period and a 10-day guarantee to...