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Peter Stokes
Media Coverage
Express.co.uk
Mortgage warning as building society hikes rates with more tipped to followFigures from the Office for National Statistics (ONS) today revealed a lower than hoped for fall in inflation - down from 3.4 percent to 3.2 percent.
Evening Standard
Mortgage brokers baffled as two ‘big six’ lenders up some rates while cutting othersMortgage brokers were baffled by some of the changes
The Intermediary - Latest UK mortgage news
2024 sees positive start for house prices – HalifaxProperty prices grew 2.5% annually, with an average of £291,029, over £3,900 more than last month.
Bridging & commercial
House prices off to a “strong start” as Halifax HPI indicates growthMonthly house prices rose for the fourth time in a row in January, according to the Halifax HPI.
The Intermediary - Latest UK mortgage news
Lenders prioritising remortgages over purchases, say brokersThis week, both HSBC and Santander repriced, with the cheapest rates available being for remortgages rather than purchases.
Evening Standard
HSBC becomes first ‘big six’ lender to bring back sub-4% mortgage ratesIt joins Generation H, which launched its first rate below 4% just before Christmas
The Telegraph
Mortgage bills fall £160 a month amid rate warLenders plan to re-launch cheaper loans as markets bet on cuts to borrowing costs
The Intermediary
Barclays reduces rates across key residential remortgage productsBarclays has made significant changes to its remortgage product lineup, reducing rates across a variety of 2-year and 5-year offerings.
The Intermediary
Bank of England holds base rate at 5.25%This move followed the central bank’s initial decision to pause rate hikes in September, after 14 consecutive rises beginning in December 2021.
London Loves Property
A ‘tracker mortgage can be pretty jolly’ as the Bank of England keeps interest rates at 5.25%The Bank of England has held interest rates at 5.25% and the governor Andrew Bailey has suggested that cuts are unlikely. Bailey said there “is still some way to go”…
Mortgage Strategy
Your Views: Santander’s new tactic on product transfers kicks brokers in teeth – Mortgage StrategySantander’s new tactic on product transfers kicks brokers in teeth We all know that Santander has a poor offering on product transfers, especially compared to big players such as Woolwich, Virgin and Halifax....
Mortgage Strategy
Lumin Wealth partners up with Davidson Deem – Mortgage StrategySpecialist mortgage adviser Davidson Deem has joined the Lumin Wealth Management group. Davidson Deem has been providing mortgages services for professionals since 1989, and is led by directors Peter Stokes...