UK Property & Short-Term Finance Insights
The average fixed rate mortgage price crept up again this week, despite promising signs of rate cuts from major lenders, according to Moneyfacts. The latest Moneyfacts rate watch found that the average two-year fixed rate is now 5.97%, up 1bps on 5.96% at the same…
The post Fixed rate prices rise again despite major lender cuts: Moneyfacts appeared first on Mortgage Strategy.
Mortgage tech firm, Nume, has teamed up with OneDome to launch its Mortgage Freedom Pot, a stocks and shares ISA that helps investors visualise how they can pay down their mortgage.
The post Nume partners with OneDome to pilot mortgage-tracked investment pot appeared first on Mortgage Solutions.
Chris Sykes and Dan Gracie give their takes on product choice in the mortgage market.
The post Broker Perspective: Product choice is helping borrowers secure better outcomes appeared first on Mortgage Solutions.
Nivo has launched an AI assistant designed to help intermediated lenders.
The post Nivo launches AI-powered case management tool for lenders appeared first on Mortgage Solutions.
Tenants will be able to receive 60% of the rent they have paid for up to three years back towards a deposit.
The post Market Harborough BS launches Rent to Own scheme appeared first on Mortgage Solutions.
Building societies have long built their reputation on relationships that encourage loyalty from their members, and I’ve sat in enough boardrooms to know how seriously they take their wider purpose. Societies know their members, understand their circumstances, and have kept close to them – sustaining…
The post Blog: How tech modernisation will futureproof building societies appeared first on Mortgage Strategy.
The Conservatives’ pledge to scrap the mansion tax highlights a growing ideological divide with Labour over home ownership and tax, according to Knight Frank. This week the Conservative Party pledged to abolish the proposed mansion tax and inheritance tax on primary residences if re-elected. The…
The post Conservatives and Labour draw battle lines over property tax appeared first on Mortgage Strategy.
Twenty7tec has renewed its partnership with New Leaf Network for a further three years, extending a long-standing relationship between the two businesses. The multi-year agreement will see New Leaf Network continue its relationship with Twenty7tec, supporting its advisers with technology designed to help make the…
The post New Leaf renews partnership with Twenty7tec for further 3 years appeared first on Mortgage Strategy.
Overall, among the top 10 networks by size, six grew, and four contracted.
The post Top networks report diverging performance in Q3 appeared first on Mortgage Solutions.
Brokers have cited proof of income and affordability checks through overseas tax returns and payslips as the biggest hurdles to sourcing products for expat borrowers. However, they prided themselves on being valuable in finding the right lender.
The post Proving income and affordability are main expat mortgage challenges, say brokers appeared first on Mortgage Solutions.