Archive

The latest edition of the Bank of England’s Money and Credit Figures show mortgage lending was strong in the first quarter...

Two sets of industry data published yesterday suggest that house price growth is finally starting to slow. Nationwide's figures showed annual house price...

First-time buyer activity grew strongly in March as they fought back against property investors. Total first-time buyer transactions 32,500, the highest monthly...

The supply of rental properties plunged in the run-up to the new stamp duty surcharge on 1 April and further falls are...

The number of landlords planning to buy a new buy-to-let property has dropped by a third since the stamp duty surcharge...

Brokers have more choice than ever before with the number of mortgage products hitting an all-time high in March. However, new mortgage application...

The average amount of equity withdrawn through remortgaging has hit a new high with borrowers taking out £31,887 on average. This is...

Brokers and lenders are celebrating a "bumper month" which saw borrowing in March 64% higher than one year earlier. Gross mortgage borrowing...

Mortgage rates continue to fall with the majority of residential and buy-to-let rates coming down in cost over the past three...

Cash is now king in the prime London market with six out of 10 of purchases made by investors or second-home...

The number of properties for sale jumped by more than half in March as buy-to-let investors exited the market. Demand fell at the...

Halifax has launched a 1% cashback offer for first-time buyers and home movers across its mortgage range. First-time buyers and home movers...

Magellan Homeloans is offering brokers the opportunity to book a one-to-one consultation session at the trade shows, conferences and events it is...

March saw a significant slump in buy-to-let activity with sales falling 26.2% compared to February. The fall of £1.04 billion came despite an expected last-minute...

Lloyds Bank has unveiled a new “hassle-free” mortgage designed to make moving easier and cover the upfront costs. The deal includes free...

As the Brexit referendum moves closer a new poll shows that the majority of brokers would like to remain part of...

Gross mortgage lending surged in March due to the buy-to-let let boom but transactions now look set to drop by 10,000 a...

Buy-to-let landlords enjoyed total annual returns of 12.2% over the last year helped by the flurry of purchases in the run-up...

The Legal & General Mortgage Club delivered a record month in March with completions up 33% year-on-year. Total lending of £4.7bn was...

Post Office Money has launched a number of mortgage deals and reduced rates on many existing deals. It says the new deals...

Coventry for intermediaries has launched a range of competitive 10-year fixed-rate mortgages charging from 2.99%. These including a 10-year fixed offset mortgage,...

Accord Mortgages has launched a new fee-free mortgage for borrowers with a 35% deposit, with added incentives. The intermediary-only lender, part of...

Tesco is to make its mortgages available through brokers via a tie-up with Legal & General. The new service called Tesco Mortgage Intermediaries...

More than four out of 10 pensioner landlords are seriously thinking about selling their buy-to-let property even though it offers them valuable...

Mortgage distributor 3mc has been appointed to provide a specialist mortgage desk and packaging support service to members of The Right...

Buy-to-let landlords have announced a new summit as part of their crowdfunding campaign to abolish the Chancellor George Osborne's tax grab. The...

April 19 is UK Mortgage Freedom Day, the date when the average new borrower will have earned enough to pay off...

Private Finance is recruiting experienced mortgage brokers and support staff to develop its association with Strutt & Parker. The two have worked...

Asking prices have hit a record high due to the rush of buy-to-let investors looking to beat the stamp duty surcharge. The...

Single first-time buyers and couples can significantly cut the time it takes to save for a deposit by moving back in...

Specialist mortgage package and distributor Atom has announced a new relationship with Kensington Mortgages. Dale Jannels, managing director at Atom, which stands...

The number of buy-to-let mortgages available to borrowers has increased significantly due to a surge in deals aimed at limited company borrowers. Average...

The Bank of England’s monetary policy committee has held interest rates again with a unanimous 9-0 vote yesterday and experts say there is...

Coventry for intermediaries has launched new range of five-year fixed-rate residential mortgages. The deals are available from 65% to 90% LTV, with...

The housing market is facing a “climate of uncertainty” as the UK waves goodbye to buy-to-let boom, according to the Royal...

Lending to both residential buyers and property investors soared over the last year but experts warn there is a slowdown in...

Rates on mainstream and buy-to-let mortgages have fallen by as much as 10% over the past three months. This should spell further...

Interest in purchasing buy-to-let properties has collapsed as new tax changes start to bite. The number of people planning to buy a...

UK house prices rose 7.6% in the year to February and property experts expect the "unrelenting" growth to continue. This marked a...

Property experts have welcomed the Government's decision to scrap the 3% stamp duty surcharge on "granny flats". In the original version of...

Buy-to-let lenders continue to slash their mortgage rates helping landlords offset Chancellor George Osborne's tax crackdown on property investing. The average two-year...

Retired people downsizing to fund their retirement should be exempt from stamp duty, a leading insurer has said. So-called “property pensioners” are...

New Street Mortgages has issued a mortgage offer within five business days for the first time. The lender said it is delivering...

March saw a sharp drop in buy-to-let valuations activity as landlords ran out of time to beat the stamp duty surcharge on 1 April. Valuation activity dropped...

Mortgage brokers have welcomed new technology-driven lender Atom Bank's intermediary-driven approach to mortgage lending. The Durham-based bank is set to launch residential and...

Kensington Mortgages has increased the maximum loan limits for first-time buyers and buy-to-let mortgages.  The specialist lender has raised the maximum loan...

House price inflation has hit double digits for the first time in almost two years with prices rising more than £20,000 in the...

HSBC is offering mortgages through three new brokers in a bid to widen access to its mortgages. This follows its successful partnerships...

Keystone Buy to Let Mortgages has “refreshed” its name to Keystone Property Finance to reflect the wider choice of finance it...

The number of rental properties spiked by more than 20% in the final week before the stamp duty surcharge was introduced, new figures...

Chelsea Building Society has launched a competitive new fee-free offset range aimed at borrowers who want to reduce the upfront costs...

Newcastle Intermediaries has launched two new competitive products to meet continued growth in the self-employed market. It said this will help meet the...

The last day of March saw record-breaking property completions as investors rushed to beat the beat stamp duty tax hike. UK mover...

There has been a surge in three-year fixed rate mortgages with number of deals on the market rising 16% in the last...

New Street Mortgages has announced a new distribution partnership with Mortgage Advice Bureau (MAB). Under the agreement, all of MAB’s members now...

Paragon Mortgages has updated its lending criteria for limited company landlords in the wake of recent Government announcements on tax relief...

Transactions in prime central London picked up in March due to falling asking prices and the buy-to-let stamp duty surcharge. Latest research...

Leeds Building Society has eased its interest-only criteria and will now accept sale of property as a repayment strategy up to...

Buy-to-let investors were racing to beat the new 3% duty surcharge right up to midnight on 31 March as a frantic first quarter drew...

House prices have risen 47,000% since the Queen was born 90 years ago this month, new research shows. In 1926 the average...

More than two out of five landlords are either moving or considering moving their buy-to-let portfolios into corporate structures ahead of...

The joint crackdown on buy-to-let by Chancellor George Osborne and the Bank of England is deterring just 14% of landlords from...

Brokers have welcomed latest Bank of England statistics that show a jump in mortgage approvals in February. The increase was partly down to...

Kensington has moved to paperless application processing as part of a wider shake-up aimed at making it easier for intermediaries to...

Mortgage brokers and property experts are warning that the latest attempt to dampen the buy-to-let market could backfire. The Bank of England...

Mortgage rates have fallen to record lows as the prospect of an interest rate hike retreats and product choice continues to...

The number of people buying their first home has grown almost 7% over the past year despite growing concerns over affordability. The...

Buy-to-let investors are said to be "storming the housing market" as estate agents report an increase in the numbers trying to...

Lloyds Bank has launched an online remortgage service in a bid to make it easier to switch to a better deal. More...

Applications for limited company buy-to-let mortgages have soared since December and now make up to one in three new cases. Growth has...

Chancellor George Osborne's forthcoming stamp duty surcharge will push up buy-to-let rental costs and trigger a decline in the supply of...

New Street Mortgages has announced a new buy-to-let distribution partnership with Legal & General Mortgage Club. The tie-up will initially be via...

Holloway Friendly has teamed up with Synaptic Software to provide its income protection policies through its online portal. It said this will offer...

Intermediary mortgage sales exceeded all expectations in February to hit the highest level since the 2008 market crash. Residential and buy-to-let sales...

Lloyds Bank and Halifax are offering customers the chance to speak "face-to-face" with a mortgage adviser by video link. They can talk to...

UK house prices continue to accelerate increasing by 7.9% in the year to January, up from 6.7% in December. Prices were driven...

The Council of Mortgage Lenders (CML) has warned against further intervention in the buy-to-let market as the forthcoming tax crackdown looks...

Single first-time buyers and England and Wales need 13 years to save for a deposit - rising to his 46 years...

Mortgage Brain has announced its new whole-of-market secured loans sourcing system LoansBrain. The mortgage technology solutions provider said the new online system, which is...

The average price of a property coming to market in England and Wales has passed £300,000 for the first time. Asking prices...

Legal & General Mortgage Club has announced the launch of its Later Life Lending Hub. The new tool helps its members offer...

First-time buyers applying for their first mortgage lack knowledge about the application process and risk being rejected as a result. Almost half...

Gross mortgage lending in February hit its highest level for eight years after leaping 30% year-on-year. Lending totalled £17.6 billion which marks a fall from £18.5...

Paragon Mortgages has begun accepting applications for consumer buy-to-let via its sister brand Mortgage Trust. The buy-to-let specialist’s online application system is...

Newcastle Intermediaries has extended distribution of its buy-to-let mortgage range through its partner Legal & General Mortgage Club.  The range was previously...

Chancellor George Osborne's eighth Budget delivered another blow to buy-to-let investors by excluding property from cuts to capital gains tax (CGT) rates. Investors...

Property experts have warned that Chancellor George Osborne's new Lifetime Isa will do nothing to solve housing supply and affordability problems. From April...

Chancellor George Osborne surprised many in the property industry by confirming that larger buy-to-let investors must pay the new 3% stamp duty...

There has been a sharp rise in "mortgage freebies" as lenders increasingly compete on incentive packages rather than just price. New research...

The cost of the average private tenancy in Greater London is now £1,521 a month, double the £744 average for the...

Paragon Mortgages has refreshed its range of buy-to-let products catering for individual landlords and limited companies. Its full product range includes trackers...

The property industry is calling on Chancellor George Osborne to reform stamp duty and boost housing supply in Wednesday’s Budget, but...

Santander has launched what it claims is a market-leading Help to Buy Isa rate charging 4.00%. The new tax-free savings rate is...

More than 500 brokers and financial advisers have adopted Mortgage Brain’s new conveyancing service in the first few months after it...

Almost half of all home movers say they plan to downsize when taking their next step on the property market over the...

The surge of investors into buy-to-let is being fuelled by older people raiding their pension pots, advisers say. While many see rental property...

Post Office Money has enhanced its mortgage range by announcing new fee-free mortgage deals. It has also unveiled what it claims is the...

February saw the second highest monthly total of house purchase approvals since January 2014 as buy-to-let investors raced to meet April's...

More than 150,000 people have become homeowners through the Government’s flagship Help to Buy housing scheme. New official figures show that 80%...

The Mortgage Credit Directive (MCD), could bar accidental landlords from switching to cheaper mortgage deals on affordability grounds. Many could be told they...