This week's mortgage strategy top 10 stories:
In this week's top story, Santander is considering quitting the British market, and the FCA has called on the government to lay out the tolerance of mortgages. Please explore these developments below. 
https://www.youtube.com/watch?v=CDAV8UXB66A
Mortgages may be eased to promote growth: reports
Regulatory authorities are considering relieving mortgage rules to support the first buyer, such as an increase in restrictions from loans to income and defracting rental payments for affordable tests. The lender claims that this movement is welcomed and restricted rules hinder housing ownership.
Although Prime Minister Rachel Reeves is looking for reforms that support economic growth, the Financial Authorities plans to simplify the loan rules and balance their credit and balance financial stability.
The FCA calls on the government to lay out the tolerance mortgage default
The Financial Affairs Authority has urged the government to define the acceptable mortgage default if the loan rules are alleviated. FCA's Chief Nikhil Rathi warned that alleviating restrictions would lead to more defaults, and sought discussions on parliamentary risks.
Regulatory authorities support the simplification of mortgage loans to enhance housing ownership, but refuse to return to a “light touch” director who blamed the 2008 crisis.
The promotion of government growth is to reconstruct regulatory authorities, and former Amazon UK Doug Gurr has appointed competition and a provisional chair of the market.
Santander is considering leaving the UK: report
Santander has denied reports that he will withdraw the British market for regulatory burden, despite seeking strategic options. Spanish Bank, which provides services to 14 million British customers, faces lower returns compared to major markets such as Spain and Brazil.
According to the report, Barclays considered acquiring Santander's British business, but the consultation raised the price. Santander claims that the UK will continue to be a core market.
More housing owners explore the Equity Release and provide funds to retire: Lv =
According to Lv =, more than 25 % in 2023 to 27 % are considering lifelong mortgages to supply funds to retirement. The dependence on the state pension is decreasing, and the release of stocks has appeared as an alternative.
Women prioritize flexibility and inheritance protection, but men support reliable providers and high product evaluation.
The Equity Release Council has reported two consecutive quarters of market growth, with housing owners aged 55 and older over £ 615 million in the third quarter of 2024. We emphasize the importance of financial advice in Navigates, a stock release option.
The price of average fixed interest rate transactions continues to increase: MoneyFacts
This week, the average mortgage ratio has risen, and the corrections for two and five years have increased by 0.05 %, respectively, 5.30 %, but some lenders have also reduced prices. Major banks such as Virgin Money, Santander, and HSBC are interest rates adjustment interest rates, and some increase exceeds 0.30 %.
The architectural society also saw the mixed movement, and Leeds and Coventry raised interest rates, but the Principality and Yorkshire were reduced. MoneyFacts pays attention to the ongoing market uncertainties and advises the best options for the best options, taking into account not only the minimum fee but also the overall transaction value.
PRA proposes to alleviate the capital buffer of a small bank.
Prudential regulatory authorities plans to alleviate the capital requirements of small banks, promote British growth, and reduce business deficits to the government's call. PRA's Chief Thumb Woods says that this movement reduces costs without increasing risk and supports the economy.
Regulatory authorities also aim to rationalize data collection, reduce regulations, and simplify climate -related principles. In addition, we are looking for a “concierge service” for foreign investors. This follows similar pledges from the Financial Affairs Authorities to simplify mortgage loan rules and support housing ownership.
PennyCook confirms changes in the ownership rules of the lessor.
The Minister of Housing, Matthew Pennch Cook, has confirmed changes based on the Rental and Freedom Reform Law, and has deleted the two -year rules of leasing owners who are calling for extension or purchasing free holding rights.
The government pledges to promptly act on the reform of leasehold rights, and the new rules prohibit the sale of the new leasehold right and the hidden insurance committee.
Handelsbanken has appointed McDonald's to lead brokerage.
Handelsbanken has appointed Steve McDonald as a new leader in the middle business. For 12 years, McDonald's in NATWEST and McDonald in commercial finance will supervise the expansion of banks with British housing and commercial mortgages.
He aims to strengthen the broker channel and raise the profile of Handelsbanken's intermediate proposition as part of the bank growth strategy.
Stamp duty receipt jump: HMRC
According to HMRC data, STAMP Duty Receists has increased by 20 % between April and December, at £ 14 billion, and has increased based on higher trading levels. This increase has occurred in the rapid increase in residential real estate transactions, and the number in November has increased 19 % year -on -year.
Coventry Building Society has warned that it will rise further from April, when the threshold has been reduced, and will have a major impact on housing buyers and first buyers. This expected increase in housing purchase activities is consistent with the 4,000 land registered staff.
MAB mortgage application will jump 15 % in the fourth quarter
The Mortgage Advice Bureau reported that the revenue over the year has increased by 11 %, reaching 266 million pounds, and the fourth quarter mortgage application has increased by 15 % compared to the previous year. The company expects that 31 % increase in tax -prone profits caused by pent -up demand in the mortgage market will increase to 30.5 million pounds.
The number of mainstream advisors increased by 1.2 %, but productivity increased 12 %. The company expects steady growth of purchasing transactions to install more advisors in 2025, expects organic growth, and is investigating potential acquisitions.
