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2 days ago | 
mortgagestrategy.co.uk | Roger Baird |Martese Carton
Newcastle for Intermediaries has extended its shared ownership home loans to a panel of registered for-profit providers of the scheme. The range is available to new home buyers and those looking to remortgage with a maximum household income of up to £80,000 (£90,000 in London), and a maximum loan amount available being 95% loan to value of the borrower’s share.
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2 weeks ago | 
mortgagestrategy.co.uk | Felicity Barnett |Martese Carton |David Burrows
As we settle into the new financial year, we should brace ourselves for a period of stability within the new-build market, rather than a considerable surge in activity. With fewer units anticipated, yet competition among developers hotter than ever, focus must shift towards how brokers can maximise opportunities with prospective customers. Typically, mortgage brokers convert one in every four new-build leads to reservation — but what then happens to the other three?
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1 month ago | 
mortgagestrategy.co.uk | David Burrows |Martese Carton
While construction activity decreased for the fourth month in a row, residential work showed a degree of resilience in April, with the rate of contraction easing to the least marked in 2025 to date. This is according to the latest S&P Global UK Construction PMI for April which revealed that the reduction in activity in residential work was the slowest seen across the three sub-categories of construction work (the other sectors being commercial and civil engineering).
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1 month ago | 
mortgagestrategy.co.uk | David Burrows |Martese Carton
Please give an overview of your career to date. Before co-founding MQube and MPowered Mortgages with Richard Fitch (MPowered deputy CEO), I spent 14 years at Lloyds, leading its Asia banking business. I was responsible for managing its standalone banking platform, specialising in retail and mortgage lending. Based in Hong Kong and Japan, I also oversaw banking operations in China, Malaysia and Singapore.
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1 month ago | 
mortgagestrategy.co.uk | David Burrows |Martese Carton
Major infrastructure projects will on average be delivered at least a year faster, following government commitment to accelerates planning reforms. Statutory consultation requirements tied to major infrastructure projects will be scrapped, through amendments to the Planning and Infrastructure Bill, cutting down the average two-year statutory pre-consultation period by half and paving the way for new roads, railways, and clean energy projects all beneficial to new housing projects.
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1 month ago | 
mortgagestrategy.co.uk | Roger Baird |Martese Carton |Becky Bellamy
Just Mortgages reports “significant” growth in its new build division due to rising demand for shared ownership schemes. The brokerage says this unit, which also specialises in affordable homes, has beaten its first-quarter performance compared to the same period a year ago. It has more than doubled in size since 2022, growing from 16 to 34 dedicated new build advisers, recently hiring a new relationship manager.
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1 month ago | 
mortgagestrategy.co.uk | David Burrows |Martese Carton
Monthly construction output increased by 0.4% in February 2025, according to the latest figures from ONS. This follows a decrease of 0.3% in January 2025. The survey suggested the increase in monthly output was helped by more settled, warmer weather towards the end of the month.
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2 months ago | 
mortgagestrategy.co.uk | Becky Bellamy |Martese Carton
Newcastle has been ranked as the fastest location in the country to go under offer, OnTheMarket research reveals. The property portal’s data shows that Newcastle’s average transaction time is 40 days in the three months from December 2024 to February 2025. More than half (56%) of homes in Newcastle take just 30 days to have an offer accepted. This means the city has moved up five places from the same period last year between December 2023 and February 2024.
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2 months ago | 
mortgagestrategy.co.uk | Kimberley Dondo |Roger Baird |Martese Carton
View more on these topicsAdvisers Brokers Podcast Kimberley Dondo speaks with Peter Brodnicki, CEO of Mortgage Advice Bureau, winner of Best Mortgage Broker (more than 50 advisers) at the 2024 Mortgage Strategy Awards. Peter shares insights on innovation, customer service, and business growth. Don’t miss out—book your table for the 2025 Mortgage Strategy Awards.
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2 months ago | 
mortgagestrategy.co.uk | Becky Bellamy |Martese Carton
Chorley Building Society has introduced exclusive first time buyer mortgages. The new products include a FTB two-year fix at 90% loan-to-value (LTV) (fixed until 31.07.2027) with a rate of 5.29%. It has also added a FTB two-year fix at 95% LTV (fixed until 31.07.2027) with a rate of 5.79%. Both mortgages have no product or scheme fees and offer a £250 cashback. The mortgage can be applied for, as long as one of the applicants has never had a mortgage before.
