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Comment: Autumn Statement? Opportunity... lost – Mortgage Strategy

A week or so on from the Autumn Statement (at the time of writing), I can’t help but feel there was a significant opportunity missed by both the chancellor and the government, specifically in terms of providing a much-needed boost to the housing purchase market for the start of 2024. As an industry, we were probably
Jeremy Hunt Mark Snape Autumn Statement Mortgage Guarantee

Comment: The rise in product transfers – Mortgage Strategy

Are we in a ‘perfect storm’ business-level situation when it comes to housing market activity? If so, what might this mean for advisers? The latest figures from UK Finance point to a market that is struggling in a number of areas. During the second quarter (Q2) of this year, borrowing for house purchases fell by
United Kingdom Mark Snape United Kingdom Finance Household Finance Review

Comment: Remortgaging is where it's at – Mortgage Strategy

The incentive to secure a remortgage offer early is clear and obvious, not least with there still being a great deal of uncertainty about the way the mortgage market may unfold over the coming months. If borrowers are six months out from the end of a term, it will make sense, given where rates may still be heading,
Mark Snape Monetary Policy Committee Grindeys Conveyancing

Comment: Your remortgage clients really need you – Mortgage Strategy

As 2023 gets into gear, advisers — and many trade bodies/industry commentators, etcetera — anticipate this year will be heavily focused on remortgage business. Recent research from Paragon appears to bear this out. Of 350 mortgage advisers surveyed, over three-quarters said remortgaging would be the ‘strongest
United Kingdom Mark Snape United Kingdom Finance Consumer Duty

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Dip in business confidence across UK: Lloyds

Business confidence across the UK is at a 15-month low according to the latest research from Lloyds Bank.  Its latest monthly barometer —  which looks at businesses across different sectors — found confidence fell by 10 points to 28% — the lowest level since March 2021, when the economy emerged from the second Covid
United Kingdom David Hollingworth Dominik Lipnicki Mark Snape Paragon Bank Lloyds Bank

Comment: Supply of optimism in the sector | Mortgage Strategy

Leather on willow, a dawn chorus to wake you from your slumber, torrential rain lashing down unexpectedly — these are the sounds of spring. Historically, one might have included the knocking of ‘For Sale’ signs into the ground as the UK property market kicked into seasonal life. However, given the nature of supply,
United Kingdom Mark Snape For Sale Royal Institution Chartered Surveyor Residential Market Survey

Blog: Ending the year on a high | Mortgage Strategy

As we enter the final weeks of 2021, it’s reassuring to hear that business volumes and cases appear to be holding up well, and that confidence among the intermediary community on both business outlook and their own firms is high. The latest Intermediary Mortgage Lenders Association Mortgage Market Tracker shows
Mark Snape Intermediary Mortgage Lenders Association Market Tracker

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