UK Property & Short-Term Finance Insights
CHL Mortgages has launched a new range of limited edition two- and five-year fixed-rate buy-to-let products alongside a series of changes to its lending criteria. The new range includes products for single dwelling properties, as well as houses in multiple occupation (HMOs) and multi-unit freehold…
The post CHL Mortgages launches limited edition buy-to-let range and expands lending criteria appeared first on Mortgage Strategy.
More than 54,000 homes have been put up for sale across England since the start of September, as sellers return to the property market following the summer holidays. Research by estate agency Yopa found that the number of homes available to buyers increased by 16%…
The post More than 54,000 homes hit the market after back-to-school rush appeared first on Mortgage Strategy.
The new prime minister has made one housing commitment that is impossible to miss, pledging the biggest council housebuilding programme since the post-war period. These will mainly be homes to rent, which should ease pressure on the private rental sector, where rising rents have stretched…
The post Comment: Ami’s message to ministers on housing appeared first on Mortgage Strategy.
UK mortgage rates have come under renewed pressure as financial markets price in a series of potential Bank of England interest-rate rises, Knight Frank analysis shows. This is despite limited evidence of a fresh inflation surge in the domestic economy, according to Tom Bill, head…
The post Middle East tensions drive fresh mortgage rate volatility: Knight Frank appeared first on Mortgage Strategy.
The number of solicitors practising in residential conveyancing has fallen by more than 2,000 since the end of 2021, while separate market data shows the average time taken to reach exchange has risen to approximately 123 days. According to the IRN UK Residential Conveyancing Market…
The post Falling conveyancer numbers raise capacity concerns as time to exchange reaches 123 days appeared first on Mortgage Strategy.
Mortgage Strategy’s must-reads: Top 10 stories of the week Rate uncertainty and high-profile boardroom appointments have driven the mortgage agenda over the past seven days. From the debate surrounding the Bank of England’s base rate hold to Nationwide naming Richard Walker as head of intermediary…
The post Mortgage Strategy’s Top 10 Stories: 14 Sept to 18 Sept appeared first on Mortgage Strategy.
The average two-year fixed jumped by 17 basis points and the five-year rate by 16bps over the past week as a wave of lenders hiked prices. Moneyfacts’ weekly rate watch data showed substantial movements following repricing by major banks and building societies. The average five-year…
The post Average five-year fix at highest level since 2023: Moneyfacts appeared first on Mortgage Strategy.
Former Help to Buy director challenges the marketing of low deposit mortgages.
The post Industry has overlooked the real first-time buyer challenge, says former Help to Buy director appeared first on Mortgage Solutions.
Later life lending can be an emotional and confusing topic, suggested advisers and panellists at a LiveMore discussion.
The post Mainstream and later life lending ‘must come closer together’ appeared first on Mortgage Solutions.
Novus has launched Pathfinder, a mortgage journey simulator that allows lenders to identify potential pain points before committing to new processes.
The post Novus launches mortgage simulator to help lenders spot friction points appeared first on Mortgage Solutions.