Welcome to July’s Market Update…..
This month we reflect on another base rate hold and welcome a host of new colleagues to 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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Following our recent office move and the opening of our Edinburgh West End office, we are entering a significant period of expansion, marked by new team members, internal promotions, and enhanced career development opportunities across all departments.
A message from Louise French, HR Manager:
“We are delighted to celebrate those starting a new chapter with us across various departments within the business. From those joining the business to those stepping into a new role, we are committed to supporting the continuous growth and development of our team. We are excited to support our team on their individual journeys and thank them for their own commitment to personal development. We are proud of the talent we have within our team and look forward to playing a role in further development.”
Together, we are building a stronger future for Mortgage Advice Bureau and our clients.
Below we have listed the lowest rates available across a range of LTVs.
Please note these are for illustration purposes only – not all clients may qualify for these. If you need any additional detail, please let us know,
| 95% | 90% | 85% | 80% |
|---|---|---|---|
|
4.88% - Dankse
|
4.57% - Danske
|
4.39% - TSB
|
4.38% - Halifax
|
| 75% | 70% | 65% | 60% |
|---|---|---|---|
|
4.28% - Santander
|
4.28% - Halifax
|
4.28% - Halifax
|
4.09% - Barclays
|
| 95% | 90% | 85% | 80% |
|---|---|---|---|
|
4.85% - Santander
|
4.47% - Bank or Ireland
|
4.29% - Barclays
|
4.29% - Barclays
|
| 75% | 70% | 65% | 60% |
|---|---|---|---|
|
4.24% - Principality
|
4.24% - Principality
|
4.23% - Principality
|
4.09% - Barclays
|
The annual rate of house price growth slowed to 2.1% in June, Nationwide’s latest house price index reveals. The latest figures show that house prices were down 0.8% month on month.
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Data released by the Bank of Englans shows that mortgage approvals for house purchases increased by 2,4000 to 63,000 in May – the first increase since December 2024.
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We’re thrilled to have been named Best Strategic Partner at the Legal & General Mortgage Club Awards 2025. 🏆
This award is a testament to the values we champion at MAB, and to our ongoing commitment across the mortgage industry.
Our experience with MAB was absolutely outstanding.
From start to finish the whole process was simple and comfortable for both myself and my partner.
I would also like to give a special mention to Sean who has been a superstar for us. Would always use this service.
– C Drummond
Well done to Amanda, our Employee of the Month!
Amanda has had an outstanding month, not only has she smashed her targets with hard work and determination, but she’s also shown great initiative by positioning early with her clients and consistently following up.
Her efforts have placed her in the MAB UK Top 10 for submitted mortgages in April, and she’s on track for a fantastic quarter. Amanda truly embodies our client first approach, and we’re proud to recognise her as our well-deserved winner this month.
Keep up the amazing work, Amanda!
Collated and developed by Maven
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.
Images courtesy of Peoplecreations