Meg Bratley

4 days ago | ifamagazine.com | Meg Bratley

Twenty7tec, the leading adviser tech provider, has announced mortgage market statistics for April 2025 as follows: Key market activity in April 2025: Buy-to-let (BTL) mortgage searches fell to 14.74% of the overall market – the lowest share recorded since reporting began in January 2020 Self-employed mortgage searches reached record levels on 28th and 29th April The market saw a clear shift toward shorter-term mortgages, with 44.13% of fixed product searches focused on two-year or shorter...

4 days ago | ifamagazine.com | Meg Bratley

MPowered Mortgages, the one day mortgage lender, has, against a backdrop of rising swap rates, cut its three-year fixed rate mortgages. For new purchase customers, three-year fixed rates now start at 3.88% with a 40% deposit paying a £999 fee and 4.08% with no fee. These rates will be effective from 9.00am on Tuesday 13th May. “We are delighted to be cutting rates once again and believe our three-year fixed rates offer outstanding value in the market at present.

4 days ago | ifamagazine.com | Meg Bratley

It was a stuttering start to the year for as markets navigated geopolitical tensions and mixed economic data. The golden child of the last two years, the S&P 500, was down 4.3% for the first three months, after two years of outperformance by the magnificent seven. Thankfully, the FTSE 100 and FTSE All Share both grew over the quarter, the FTSE 100 climbing by 5% and to offset the S&P500 decline. As a result, Fundscape has reported that industry assets grew by a modest 0.7% (£2.7bn) to £405bn.

4 days ago | ifamagazine.com | Meg Bratley

OneFamily has been owned by its customers, and growing their financial wellbeing, for fifty years on May 13th. The Brighton-based financial services mutual specialises in consumer-friendly investment products and protection and has more than 1.5 million customers UK-wide. But its beginnings were to be found in a one room London office in 1975, with the intention of creating a ‘new and dynamic friendly society’, with its first customer purchasing a Family Bond on 14th May, 1975.

4 days ago | ifamagazine.com | Meg Bratley

Moneyfacts UK Mortgage Trends Treasury Report data reveals the average two-year fixed mortgage rate fell month-on-month by the biggest margin in over six months. The average two-year fixed mortgage rate has fallen to its lowest point since the start of September 2022, before the ‘mini-Budget’. The availability of product choice grew further, and the average shelf-life of a deal fell.