Mortgage strategy: UK latest mortgage news
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Historical interest rates in the UK, 1979-2017: rise and fall
WEBMar 29, 2018 · 2007-2017. Under the impact of the global financial crisis, the base interest rate fell to its lowest level for 300 years. Starting at 5.75 per cent in July 2007, rates had fallen to 0.5 per cent by March 2009, with a further fall to 0.25 per cent in August 2016. There was a very slight rise back to 0.5 per cent in November 2017.
Masthaven Bank to exit UK and sell mortgage book
WEBRebekah Commane 1 February 2022. Masthaven has announced that it will exit the UK banking market over the next two years. The lender has confirmed that it will sell its mortgage book through a tender process, expected to conclude this year. The decision to withdraw from the UK was made as the bank has been unable to …
Mortgage Strategy Awards industry vote opens
WEBMortgage Strategy 6 December 2022. The industry vote for the Mortgage Strategy Awards 2023 has opened. With the self-nominations over, it’s now time to have your say and cast your vote for the top firms of 2022 – or nominate a firm not already on the list. More information on the process can be found here.
HSBC For Intermediaries – News and Analysis - Mortgage Strategy
WEBHSBC to sell through First Complete and Pink. Mortgage Strategy’s latest news, analysis and opinion featuring HSBC For Intermediaries.
NatWest updates calculator for the self-employed - Mortgage …
WEBGary Adams 2 September 2020. NatWest Intermediary Solutions has updated its residential affordability calculator brokers can use for self-employed clients. The addition of four more fields means that brokers will no longer need to consult with a business development manager “for the majority of cases.”. These new fields comprise loan amount ...
Santander introduces new rates across BTL products
WEBGeorgie Lee 22 March 2022. Santander is introducing new buy-to-let (BTL) purchase and remortgage rates, and relaunching selected fee-free residential remortgage rates. New residential mortgage rates across two and five-year fixes are set at 2.44% with 85% LTV, while rates will be set at 2.89% and 2.99% for 90% LTV across two and five-year fixes ...
Leek Building Society launches shared ownership mortgage
WEBJan 25, 2024 · Leek Building Society has launched Shared Ownership Mortgage to make owning a home in England an achievable reality. The lender said its shared ownership mortgage comes with an interest rate that is fixed for five years. Buyers with household incomes below £80k in England (£90k in London) can purchase a
Hinckley & Rugby launches Flex Together for FTBs
WEBDavid Burrows 17 January 2024. Hinckley & Rugby Building Society has launched a mortgage product specifically aimed at first and next-time buyers struggling with affordability. Flex Together is an income booster mortgage, otherwise known as Joint Borrower Sole Proprietor (JBSP). The launch of Flex Together comes at …
The latest breaking UK mortgage news | Mortgage Strategy
WEBMortgage News. Mortgage Strategy offers the latest breaking UK mortgage news, covering mortgage rates, house prices, buy-to-let rates, mortgage products and other news around mortgage brokers, mortgage advisers and the mortgage industry as a whole. SPECIALIST.