Welcome to June’s Market Update…..
This month we celebrate a couple of award wins and shine the light on a new member of the team
If you have any questions, or would like to see anything specific in future editions of these updates, please don’t hesitate to get in touch.
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Commitment to Equal Opportunity
MAB (Mortgage Advice Bureau) has established a clear commitment to equal opportunity in employment, regardless of race, creed, colour, nationality, gender, age, marital status, sexual orientation, religion, or disability.
This is embedded in their Diversity, Equity, and Inclusion (DEI) policies, which guide recruitment, workplace culture, and customer service.
Inclusive Workplace Design
MAB transformed its administrative centre to support a more inclusive and flexible working environment.
The new activity-based working concept includes focus pods, quiet areas, collaborative zones, and wellness spaces for prayer, nursing, or meditation. This approach accommodates neurodiverse needs and encourages wellbeing for all employees.
Leadership and Development Programs
MAB has implemented a mentoring programme to support personal and career development for all staff.
The company also supports aspiring and current managers through a Women in Leadership Apprenticeship and encourages participation in the Women’s Leaders Association, directly addressing the gender pay gap and promoting female leadership
Enhanced Communication and Engagement
Initiatives such as ‘Breakfast with the CEO’ break down communication barriers and foster open dialogue across all levels of the business.
MAB has also revamped its induction programme and invested in internal communications to ensure employees feel valued and heard.
Recruitment and Advancement
MAB reviews recruitment processes to remove barriers for women, LGBTQ+, ethnic minorities, and disabled people.
The company actively seeks diverse talent and encourages a “culture add” rather than just “culture fit,” ensuring new hires bring unique skills and perspectives.
Recognition and Awards
MAB’s efforts have been recognised externally, including winning the Best Inclusive Culture award at the Barclays UK Diversity, Equity, and Inclusion Awards 2024, and more recently, the 2025 Mortgage Strategy Awards, highlighting the impact and visibility of its inclusive culture.
Ongoing Policy Enhancement
MAB continues to develop and implement DEI-related policies and ESG standards, ensuring that diversity and inclusion remain a strategic priority.
This includes compliance with regulatory requirements such as the FCA’s Consumer Duty, which mandates consideration of customers’ diverse needs and characteristics.
Below we have listed the top five rates available across a range of LTVs. Please let us know if you need any additional information.
| 95% | 90% | 85% | 80% |
|---|---|---|---|
|
4.84% - Leek BS
4.85% - Monmouthshire BS
4.87% - Halifax
5.00% - Santander
5.07% - Halifax
|
4.45% - Furness BS
4.46% - Co-Operative Bank
4.47% - Virgin
4.49% - Virgin
4.50% - Co-Operative Bank
|
4.17% - Furness BS
4.18% - Bank of Ireland
4.19% - Accord
4.20% - HSBC
4.23% - Natwest
|
4.14% - HSBC
4.17% - Furness BS
4.18% - Accord
4.18% - Bank of Ireland
4.20% - HSBC
|
| 75% | 70% | 65% | 60% |
|---|---|---|---|
|
3.99% - Santander
4.03% - HSBC
4.04% - Barclays
4.04% - TSB
4.04% - MPowered
|
3.99% - Santander
3.99% - HSBC
4.03% - MPowered
4.03% - HSBC
4.04% - Barclays
|
3.99% - Coventry BS
3.99% - Coventry
4.01% - MPowered
4.03% - HSBC
4.04% - Barclays
|
3.75% - Danske
3.90% - Santander
3.94% - MPowered
3.96% - Barclays
3.96% - HSBC
|
| 95% | 90% | 85% | 80% |
|---|---|---|---|
|
4.75% - Monmouthshire BS
4.87% - Halifax
4.89% - Leek BS
4.90% - Santander
4.94% - TSB
|
4.38% - Leek BS
4.39% - HSBC
4.42% - Virgin
4.44% - Santander
4.44% - Furness BS
|
4.22% - HSBC/br>
4.28% - Barclays
4.29% - Santander
4.29% - Virgin
4.29% - HSBC
|
4.22% - HSBC
4.26% - Accord
4.27% - Furness BS
4.28% - Barclays
4.29% - Virgin
|
| 75% | 70% | 65% | 60% |
|---|---|---|---|
|
4.10% - Barclays
4.10% - Natwest
4.13% - HSBC
4.14% - Santander
4.15% - Natwest
|
4.10% - Barclays
4.10% - Natwest
4.13% - HSBC
4.14% - MPowered
4.14% - Santander
|
4.10% - Barclays
4.10% - Natwest
4.12% - MPowered
4.12% - Clydesdale Bank
4.13% - HSBC
|
3.89% - Barclays
3.93% - Santander
3.95% - Danske
3.98% - Barclays
3.98% - Barclays
|
Rate Reducer from Own New is designed to make it more cost effective to buy a new build home by helping homebuyers access mortgage rates that are lower than traditional ones.
This scheme is open to first-time buyers and those planning to move home. The tables below, provide current rates available via this scheme.
| Darlington | Furness | Kensington | Leek | Perenna | Virgin | ||
|---|---|---|---|---|---|---|---|
|
95% Rate
|
2.89%
(Based on 5% Incentive. 2yr term) |
2.75%
(Based on 5% incentive. 2yr. £250 cashback) |
N/A
|
2.77%
(Based on 5% Incentive. 2yr term) |
N/A
|
N/A
|
|
| Darlington | Furness | Kensington | Leek | Perenna | Virgin | ||
|---|---|---|---|---|---|---|---|
|
90% Rate
|
N/A
|
1.85%
(Based on 5% Incentive. 2y term) |
4.15%
(Based on 5% Incentive. 2y term) |
N/A
|
5.63%
(Based on 5% Incentive. 30yr term. £1999 fee) |
1.93%
(Based on 5% Incentive. 2y term. £995 fee. £250 cashback) |
|
| Darlington | Furness | Kensington | Leek | Perenna | Virgin | ||
|---|---|---|---|---|---|---|---|
|
80% Rate
|
N/A
|
1.19%
(Based on 5% Incentive. 2y term) |
3.20%
(Based on 5% Incentive. 2y term) |
N/A
|
5.28%
(Based on 5% Incentive. 30yr term. £1999 fee) |
1.53%
(Based on 5% Incentive. 2y term. £995 fee. £250 cashback) |
|
| Darlington | Furness | Kensington | Leek | Perenna | Virgin | ||
|---|---|---|---|---|---|---|---|
|
75% Rate
|
N/A
|
N/A
|
2.95%
(Based on 3% Incentive. 2y term) |
N/A
|
5.15%
(Based on 5% Incentive. 30yr term. £1999 product fee) |
0.95%
(Based on 5% Incentive. 2y term. £995 product fee. £250 cashback) |
|
| Darlington | Furness | Kensington | Leek | Perenna | Virgin | ||
|---|---|---|---|---|---|---|---|
|
60% Rate
|
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
0.50%
(Based on 5% Incentive. 2y term. £995 product fee. £250 cashback) |
|
Great News! Accord have made some fundamental changes to their proposition….
Buyers can now borrow up to 95% of the value for new build houses (up to £750,000).
Standard affordability checks and criteria still apply.
Please note: This does not apply to flats (max 90% LTV) or with Cascade Score/Boost LTI options.
They’ve increased the maximum loan amounts for purchases, remortgages, and additional lending—now available for both houses and flats.
For loans over £2.6 million (up to £5 million), the maximum LTV is 75%.
For additional lending, the max LTV remains 85%.
No extra steps are needed – we’ll manage the process as usual!
Find out…get in touch for details.
According to figures, mortgage guarantee scheme completions represent around 1.4% of all residential mortgage completions during the past three years.
Link opens a third party website
New homes are increasingly oustripping the material and labour costs of building them, making it increasingly profitable to create new supply
Link opens a third party website
MAB is absolutely delighted to announce its success at the Mortgage Strategy Awards 2025, winning in prestigious categories:
🏆 Best Broker for Protection
🏆 Diversity & Inclusion Broker Champion
This recognition reflects MAB’s unwavering dedication to delivering tailored, client-first mortgage and protection solutions. ⭐
A huge thank you to everyone who made the evening so special—it was fantastic to celebrate with so many inspiring individuals across the industry.
My experience with Mortgage Advice Bureau has been fantastic!
As a first-time buyer, I was nervous about the process, but Sean Singh, Erin Brown, Jack Wilson, and Alyson Robertson have all made everything so much easier.
They’ve all been incredibly friendly, informative, and supportive throughout.
Every question I had—no matter how small—was answered quickly and clearly, and I’ve always felt genuinely listened to.
The team’s knowledge and reassurance have made a world of difference.
I feel totally confident moving forward thanks to this wonderful team. I would highly recommend the Mortgage Advice Bureau, and especially Sean, Erin, Jack, and Alyson, to anyone starting their home-buying journey!
– Connor R
We’re thrilled to announce Nick Sims as our ‘Employee of the Month’.
Nick has enjoyed a brilliant first six weeks in the business, settling into the team effortlessly.
Motivated, hardworking, and always putting customers first, he’s made a really positive and productive start to his MAB career.
He’s combined his existing skillset with a willingness to learn, taking on board coaching and guidance and it shows.
With excellent survey scores, great call feedback, and highly effective administration, Nick’s impact has been clear from day one.
A true team player and a fantastic addition to the business, we’re excited to see what the coming months bring!
The information pertained in here is not intended for public consumption, it has been prepared for the partners and friends of Mortgage Advice Bureau. Please do not share with consumers or buyers. Thank you.
Your home may be repossessed if you do not keep up repayments on your mortgage.
In some instances, there may be a fee for mortgage advice. We will not charge a fee to those purchasing a new build home who contact us via the details provided. Other branches of Mortgage Advice Bureau may charge a fee. The actual amount you pay to them will depend on your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
Image courtesy of MindAndI