Crystal Specialist Finance has conducted its Annual Survey with over 10,000 brokers for the second year running. The point is to see...
Archive
UK Finance has published its housing and mortgage market forecasts for 2024 and 2025 together with projections for 2023 full year numbers. Key figures for 2023 In...
20 December 2023
From: Breaking News
Mortgage rates are predicted to fall next year as lenders take advantage of cheaper funding, after figures show that average swap...
20 December 2023
From: Breaking News
The Bank of England says there was £18.8 billion of mortgage borrowing in arrears in the third quarter of this year. That’s...
20 December 2023
From: Breaking News
National brokerage Just Mortgages hits the road in the New Year with roadshows to support its self-employed advisers. The in-person events are...
20 December 2023
From: Breaking News
Since the peak in July, the average five year fixed mortgage rate has reduced from 6.11 to 5.07 per cent while...
18 December 2023
From: Breaking News
With the Bank of England maintaining base rate - as expected - at 5.25 per cent, the broker community ends 2023...
18 December 2023
From: Breaking News
More lenders have green mortgage deals on the market now compared to a year ago, according to the Mortgage Advice Bureau. Some...
18 December 2023
From: Breaking News
Two-year fixed rate mortgages have dipped below six per cent for the first time since June this year. Back in June there...
18 December 2023
From: Breaking News
Many landlords say they’re set to expand investments in 2024 despite facing up to 80 per cent higher costs in the...
18 December 2023
From: Breaking News
Some 20 per cent of first time buyers are snapping up mortgages of 35 years or more according to UK Finance. In...
13 December 2023
From: Breaking News
Cases of buy-to-let arrears have doubled in a single year, according to a new analysis. The research, from Octane Capital, analysed quarterly...
13 December 2023
From: Breaking News
Homeowners are increasingly researching into mortgage repossessions online, signalling that many are worried about falling behind on their payments. The research by...
13 December 2023
From: Breaking News
A new survey - going against the trend of other housing market studies - suggests that house prices could rise six...
13 December 2023
From: Breaking News
Approaching a third of people are struggling to meet loan repayments of all kinds because of the cost of living crisis. That’s...
13 December 2023
From: Breaking News
Saga, the provider of products and services for the over-50s, has teamed up with digital broker Tembo to launch Saga Mortgages. The...
11 December 2023
From: Breaking News
Accord Mortgages is cutting rates on its buy-to-let range in what it calls a bid to “offer better value to brokers...
11 December 2023
From: Breaking News
Some 40 per cent of self-employed individuals think lenders need to be more understanding when it comes to those with complex...
11 December 2023
From: Breaking News
Karis Capital is launching as what it calls “a premier real estate debt advisory firm with plans to redefine how developers...
11 December 2023
From: Breaking News
There’s been a sharp decline in household financial confidence in the UK according to the latest UK Finance sentiment survey. The Q3...
11 December 2023
From: Breaking News
Low loan to value ratios from mortgage lenders are leaving an estimated 90,000 new build homes empty across the UK as...
06 December 2023
From: Breaking News
Hodge is removing height restrictions from its lending criteria, meaning it will accept applications for mortgages on homes in England that...
06 December 2023
From: Breaking News
The 2023/24 Your Mortgage Awards’ ‘Best Buy to Let Mortgage Lender’ has been named. It’s The Mortgage Works, and this is not...
06 December 2023
From: Breaking News
London accounts for the highest proportion of homebuyers using family inheritance to fund property purchases, according to compliance platform Thirdfort. Some 18...
06 December 2023
From: Breaking News
A growing appetite amongst buyers for family homes is helping to drive London’s high value prime market, an agency claims. Benham and...
06 December 2023
From: Breaking News
There’s been a 46 per cent increase in ‘for sale’ stock hitting the market as sellers look forward to a Boxing...
04 December 2023
From: Breaking News
Lenders are offering more fixed deals with incentives since the start of last month - November - but analysis by Moneyfactscompare...
04 December 2023
From: Breaking News
A report on Sky News says talks are underway for Barclays hto acquire the £3 billion mortgage book of the troubled...
04 December 2023
From: Breaking News
Rightmove is launching its first broker product, which will allow customers to access mortgage advice through the property website. The portal,...
04 December 2023
From: Breaking News
Online Mortgage Advisor has conducted a research by looking at how much property prices have outgrown local wages during the past...
04 December 2023
From: Breaking News
Knight Frank says a reduction in mortgage costs as early as February - or perhaps more likely in Q2 next year...
29 November 2023
From: Breaking News
The Office for Budget Responsibility - part of the Treasury but operating independently of government - is forecasting house prices to...
29 November 2023
From: Breaking News
A new analysis of the new build housing market for next year suggests that eventually there will be a bounce, triggered...
29 November 2023
From: Breaking News
SPF Private Clients has opened new offices in Hong Kong and Singapore. The Singapore office is to be headed by Scott Mitchell,...
29 November 2023
From: Breaking News
The Nationwide wants greater government support for first-time buyers as rising costs delay owning a home. As one of the UK’s biggest...
29 November 2023
From: Breaking News
Nationwide has reduced selected mortgage rates by up to 0.43 per cent across its New Business, Switcher, Additional Borrowing, Existing Customers...
27 November 2023
From: Breaking News
The average five-year fixed mortgage rate is now 5.21%, down from 5.62% a year ago The average two-year fixed mortgage rate is...
27 November 2023
From: Breaking News
First time buyers aged 18 to 34 are primarily relying on advice from family and friends rather than a broker for support on the homebuying process, according to Coventry for...
27 November 2023
From: Breaking News
Just Refer, a new referral portal for national brokerage Just Mortgages and financial services arm Just Wealth, has supported brokers in...
27 November 2023
From: Breaking News
A new 10-point plan from the Home Builders Federation shows how policymakers could act fast to boost the supply of new,...
27 November 2023
From: Breaking News
The research chief at lettings agency Hamptons says it’s likely that landlords have been hit harder by high interest rates than...
22 November 2023
From: Breaking News
Moneyfacts is reporting that there’s what it calls a “thriving choice” of mortgage options. Its latest UK Mortgage Trends Treasury Report shows the number...
22 November 2023
From: Breaking News
New data from Legal & General - based on searches to its Ignite platform - suggests a diverse mortgage market during...
22 November 2023
From: Breaking News
A new study shows a remarkably low number of people seeking professional financial advice. The report is called State of Flux and...
22 November 2023
From: Breaking News
The share of homes sold by a landlord in Great Britain fell from 15.7 per cent in 2022 to 14.0 per...
22 November 2023
From: Breaking News
Many of the country’s major lenders - and quite a few smaller ones, too - have slashed mortgage rates in response...
20 November 2023
From: Breaking News
Following analysis of its 2023 buy to let mortgage market data, Twenty7tec has reported a significant fall in searches for buy...
20 November 2023
From: Breaking News
Shawbrook Bank has seen a dramatic reduction in the time to process buy to let mortgage offers since rewriting legacy software...
20 November 2023
From: Breaking News
The Mortgage Lander is warning that mortgages rates will need to come down more, and faster, to really kick-start the housing...
20 November 2023
From: Breaking News
The chief executive of Winkworth estate agency chain says this week’s Autumn Statement must see the reinstatement of Mortgage Interest Tax...
20 November 2023
From: Breaking News
The nation’s landlords are responding to higher levels of mortgage interest rates by cutting their borrowing. The research comes from specialist property...
15 November 2023
From: Breaking News
Some 45 per cent of homebuyers cited in a survey say slow property lawyer response time is a key pain point...
15 November 2023
From: Breaking News
A new personal guarantee insurance protection service has been launched for professional landlords - triggered by a surge in incorporation. Purbeck Personal Guarantee...
15 November 2023
From: Breaking News
A new study by a price comparison platform suggests that many younger Britons are waiting to inherit before buying a home. In...
15 November 2023
From: Breaking News
The EY Item Club is warning that the UK is set to experience the slowest two-year mortgage growth in a decade. EY...
13 November 2023
From: Breaking News
End-to-end mortgage service Smartr365 has beefed up its platform to improve the experience of brokers sourcing protection packages for clients. These developments...
13 November 2023
From: Breaking News
Contributors to a quarterly specialist finance publication have reported a 15.3 per cent increase in bridging loan transactions, totalling £191m, during...
13 November 2023
From: Breaking News
Homeowners in Wales who are struggling with their mortgages could get loans that are interest-free for the first five years under...
13 November 2023
From: Breaking News
Lenders’ trade body UK Finance says there were 11,540 buy to let mortgages in arrears of 2.5 per cent or more of...
13 November 2023
From: Breaking News
A digital mortgage broker has launched an online tool aggregating data from over 50 Buy to Let lenders to calculate what...
08 November 2023
From: Breaking News
The first time buyer economy, comprised of lending and spending, will reach £74.1 billion by 2025, according to research by Coventry...
08 November 2023
From: Breaking News
There’s been an alarming set of figures in the Bank of England’s latest Money and Credit report, which relates to September. Net...
08 November 2023
From: Breaking News
The equity release market has seen growth for the first time in 12 months with quarterly increases in both new customers...
08 November 2023
From: Breaking News
Rightmove claims that single first-time buyers on an average salary and with a 5.0 per cent deposit could not afford three-quarters...
06 November 2023
From: Breaking News
Global credit intelligence provider Pepper Advantage, which has a 100,000+ UK residential mortgage portfolio, says arrears in this country have seen...
06 November 2023
From: Breaking News
Tomorrow’s King’s Speech, setting out the legislative agenda for the coming year, looks certain to include leasehold reform - and the...
06 November 2023
From: Breaking News
The Bank of England has held base rate at 5.25 per cent, with most analysts saying this is likely to be...
06 November 2023
From: Breaking News
The UK's largest mortgage lender expects house prices to fall this year and next before rising in 2025. Lloyds Banking Group -...
01 November 2023
From: Breaking News
Landlords need greater support from mortgage advisers in order to navigate the best course through the current economic climate. That’s according to...
01 November 2023
From: Breaking News
HLPartnership - which describes itself as the country’s biggest privately-owned mortgage network - has revealed upgrades to its technology platform which...
01 November 2023
From: Breaking News
PriceHubble, a supplier of data solutions for real estate and finance, has acquired WhenFresh, delivering data and decision engines to banks,...
01 November 2023
From: Breaking News
The Bank of England is expected to hold base rate at 5.25 per cent this week with many analysts expecting this...
30 October 2023
From: Breaking News
Jo Breeden, managing director of Crystal Specialist Finance, writes: In his recent speech, the Prime Minister scrapped the proposed changes to EPC...
30 October 2023
From: Breaking News
A range informal media briefings on behalf of the UK government suggest that an extension of the current mortgage guarantee scheme...
30 October 2023
From: Breaking News
Molo, which calls itself the UK’s first fully digital mortgage lender, has launched a Non-Resident Buy-to-Let Mortgages, unlocking investment opportunities for...
30 October 2023
From: Breaking News
Searches for interest-only mortgages rose a hefty 51 per cent in the past month as buyers seek to improve affordability. Research data...
25 October 2023
From: Breaking News
A residential mortgage lender is using AI to help brokers attract more customers as well as engage existing customers. MPowered Mortgages says...
25 October 2023
From: Breaking News
UK mortgage holders are repaying record amounts of mortgage debt, according to the Equity Release Council. But the ERC claims high levels...
25 October 2023
From: Breaking News
Britain’s macroeconomic policy framework needs an overhaul to tackle the risk of an unsustainable ratcheting up of debt. That’s the view of...
25 October 2023
From: Breaking News
A host of lenders have announced cuts to their rates in recent days, with Halifax arguably the most significant. It’s launched three-year...
23 October 2023
From: Breaking News
Landlords in the UK are paying 40 per cent more mortgage interest than in August 2022, which equates to an extra...
23 October 2023
From: Breaking News
There are growing fears of yet another Bank of England base rate rise next month following the surprise inflation figure released...
23 October 2023
From: Breaking News
Two prominent UK house builders have warned of sharply reduced volumes in the next year or so as buyers struggle to...
23 October 2023
From: Breaking News
A specialist business bank is strengthening its proposition for portfolio landlords with a new Green Reward cashback offer. Redwood Bank says it...
18 October 2023
From: Breaking News
A new analysis of the UK’s buy to let mortgage market shows just how much it’s grown over the past decade,...
18 October 2023
From: Breaking News
A Bank of England report has expressed concern at the number of homeowners - especially young first time buyers - taking...
18 October 2023
From: Breaking News
An internationally-ranked chess player who swindled £750,000 through mortgage and tax fraud has been jailed. Robin Moss spent more than £115,000 of...
18 October 2023
From: Breaking News
Skipton Building Society has made what some brokers call an “unprecedented move” by offering rates for existing borrowers switching products starting...
16 October 2023
From: Breaking News
Analysts suggest that mortgage lending is likely to fall over the rest of 2023 with both demand and supply dropping thanks...
16 October 2023
From: Breaking News
The buy-to-let sector has seen fixed rates fall and product choice grow month-on-month, according to the latest analysis by Moneyfactscompare. Overall buy-to-let...
16 October 2023
From: Breaking News
Prominent independent brokerage The Mortgage Hut has partnered with Property Circle to adopt its automated lead generation system and client app. Nicola...
16 October 2023
From: Breaking News
The Nationwide says high interest rates are helping to redefine the housing market in terms of transaction volumes and choices of...
11 October 2023
From: Breaking News
A depressing 64 per cent of people have taken out a mortgage or personal loan without fully understanding how it works,...
11 October 2023
From: Breaking News
New data from Experian reveals that one in four mortgages lent to those under 30 now have a term of 35...
11 October 2023
From: Breaking News
Despite the housing market slowdown, brokers are being warned that the autumn months of September, October and November have typically seen...
11 October 2023
From: Breaking News
The crisis hit Metro Bank is in talks to sell off at least a £3 billion portion of its mortgage book. The...
09 October 2023
From: Breaking News
It’s now the tenth week that average rates of dropped, as the slow but steady downward trend of fixed-mortgage rates continues. As...
09 October 2023
From: Breaking News
Is the mortgage price war really over? On the one hand there are good signs for the housing market - no substantial...
09 October 2023
From: Breaking News
Target Group is officially launching the Mortgage Hub, its state-of-the-art mortgage originations system. Over two years in development, Target claims it is...