Rebekah Commane

4 days ago | mortgagestrategy.co.uk | Becky Bellamy |Rebekah Commane

ModaMortgages has launched eight new limited edition 75% loan-to-value (LTV) single dwelling and houses in multiple occupation (HMO) products. The new products have two-year fixed rates starting from 3.24% and five-year fixed rates from 4.69%, with a choice of either a 3% or 5.5% product fee.

1 week ago | mortgagestrategy.co.uk | Rebekah Commane |Becky Bellamy

Rate cuts were back in the mortgage market this week, albeit marginally, as the base rate was left unchanged at 4.25%. According to Moneyfacts, average two-year fixes were down 0.02% to 5.11%, three- and five-year fixes dropped 0.01% to 5.03% and 5.64% respectively but average five-year fixes were unchanged at 5.1%. The biggest change came with five-year fixes to max 100% LTV, which increased in rate by 0.04% to 5.7%.

1 week ago | mortgagestrategy.co.uk | Rebekah Commane |Becky Bellamy

Norton Home Loans has promoted Laura Percival to head of lending for its residential and second charge mortgage propositions. She has over a decade of experience within the Norton group, having worked across debt management, sales and lending, and has previously worked as underwriter, team leader, lending manager and servicing team manager. Percival will now oversee Norton’s lending strategy and day-to-day underwriting operations, working closely with brokers.

2 weeks ago | mortgagestrategy.co.uk | Rebekah Commane |Andrew Montlake

Feeling an abundance of writer’s block (or maybe baby brain!) ahead of this month’s column, I admit I paid a visit to ChatGPT in search of inspiration. But I didn’t find what I was looking for. Asked to provide thoughts on the current UK mortgage market, the bot threw out a few well-worn phrases relating to rising mortgage rates and focused on a post-pandemic market, which feels a bit dated five years on.

2 weeks ago | mortgagestrategy.co.uk | Rebekah Commane |Becky Bellamy

Together Financial Services has announced changes to its senior leadership team and Board. Dave Sutherland joins as chief operating officer with effect from 1 July 2025. Previously group director of business efficiency and interim chief executive (UK) at Bank of Ireland, he brings over 20 years’ experience in operations, technology and process transformation in finance and retail.