Halifax have sensationally announced today that they are lowering their minimum required deposit on new build properties from 10% to 5% throwing thousands of first-time buyers a lifeline. Changing their criteria to offer 5% deposit mortgages in the face of rising...

Intermediary accessible only lender Accord Mortgages have today announced that they are offering new discounted SVR mortgage products (Standard Variable Rate) across buy-to-let and residential mortgages. The lender, which is owned by Yorkshire Building Society, only...

Recently Nationwide building society and their buy-to-let arm The Mortgage Works (TMW) have been putting their rates up so much that they are no longer competitive in the mortgage market meaning that these rate rises are pushing these lenders down the list when...

Latest news coming out of the Bank of England says that they are raising the BoE base rate an extra 0.25% to 1.25% from the previous 1.00% which was only raised last month! In an attempt to tackle a potential risk of recession, the Bank of England has announced that...

The mortgage arm of Newcastle Building Society has announced today that they will now offer a 7-year fixed mortgage product to satisfy a growing demand in the mortgage market for longer term fixed products. In recent months, the uncertainty of the UK economy and rise...

Nationwide are lifting mortgage rates for new and existing clients across their product range as of today (10th of June) meaning repayments will go up! The building society have specifically said: Nationwide Mortgage Rate Changes For New Mortgages: The changes that...

According to recently released information from finance comparison website Moneyfacts, fee-free mortgage products have been increasing in the market over the last year. Lenders who still charge fees have also been reducing their fee amount too. Typically, a lot of...

HSBC have announced that from today they will be making some big changes to their self-employed criteria. Seemingly jumping on the band wagon and following in similar footsteps as Santander last week. What are the changes to HSBC self-employed criteria? Like many...

Santander have announced today that they are launching new 95% mortgages outside of the governments mortgage guarantee scheme. On Wednesday the 1st of June Santander will be launching 95% loan to value (LTV) mortgages without the need for support from the Government’s...

Mortgage strategies’ annual awards ceremony took place last night at the prestigious JW Marriott Grosvenor House in Mayfair, London. Every year mortgage news outlet Mortgage Strategy hosts a black-tie dinner and awards ceremony to honour the leading individuals and...

As of tomorrow (Thursday the 26th of May) Santander have confirmed that they have now increased their maximum LTV (Loan to Value) for self-employed people from 75% i.e. 25% deposit, to 90% i.e. 10% deposit. This is fantastic news as Santander has held firm at only...

Mortgage rates can rise, that’s something everyone should be aware of. At some point rates must fluctuate as various economic factors change. Every so often they also decrease! But over the last few months we have began to see a bit of economic uncertainty and...