A consumer platform claims almost half of Londoners’ income goes on their mortgage or rent, with a third saying they pay...
Archive
27 September 2023
From: Breaking News
There’s been a backlash from the mortgage industry following Prime Minister Rishi Sunak’s Eco U-turn last week. In recent months a growing...
25 September 2023
From: Breaking News
Half a million mortgage-holders are facing an imminent financial shock as their fixed deals end in the run-up to Christmas or...
25 September 2023
From: Breaking News
Molo Finance - which says it’s “the UK’s first fully digital mortgage lender” - has joined with a PropTech startup to...
25 September 2023
From: Breaking News
Pressure on mortgage holders is leaving Briton struggling to cope with their mental and physical health according to a wellbeing service...
20 September 2023
From: Breaking News
Brokers are warning that dramatic council ‘effective bankruptcies’ will increase local residents’ tax bills and so hurt mortgage affordability. This follows the...
20 September 2023
From: Breaking News
The Financial Conduct Authority is introducing new screening checks for firms that approve financial adverts. Firms approving financial marketing for unregulated firms...
20 September 2023
From: Breaking News
The jury is out as to whether there will be a rate rise this week when the Bank of England Monetary...
18 September 2023
From: Breaking News
Almost 400 misleading promotions by later life mortgage firms have been binned or amended, thanks to the Financial Conduct Authority. The...
18 September 2023
From: Breaking News
Mortgage arrears in the UK jumped by almost a third between April and June compared with the same period last year,...
18 September 2023
From: Breaking News
New analysis of personal guarantee requests from lenders for Limited Company Buy to Let mortgage, has found that the average personal...
18 September 2023
From: Breaking News
Data from mortgage research and sourcing platform Legal & General Ignite reveals a significant spike in searches for Interest Only products...
13 September 2023
From: Breaking News
First Direct has crunched market data to give an insight into FTB activity over the summer just gone. There are three...
13 September 2023
From: Breaking News
Equifax data has found that 41 per cent of live mortgages in the UK are held by customers who will be...
13 September 2023
From: Breaking News
A body called the Landlord Leaders Community is pledging “to drive positive change for a sustainable and thriving private rented sector.” Set...
13 September 2023
From: Breaking News
After six consecutive weeks of mortgage rate reductions - and the expectation of more soon - there are hopes of sub-5.0...
11 September 2023
From: Breaking News
Belvoir - fast becoming as big a force in financial services as in property - has snapped up a regional mortgage...
11 September 2023
From: Breaking News
This week sees the start of Mortgage Vision, the free regional mortgage industry roadshow. Now in its 15th year, Mortgage Vision opens...
11 September 2023
From: Breaking News
Mortgage-related fraud has increased by 32.8 per cent in the past year, it’s been claimed. Apex Bridging has analysed the number of...
11 September 2023
From: Breaking News
LendInvest has launched automatic DIPs - decisions in principle - as part of its latest platform update. The automated DIP process means...
06 September 2023
From: Breaking News
The impact of higher interest rates isn’t felt equally across the country, according to data from the Halifax. Despite recording one of...
06 September 2023
From: Breaking News
UK Finance’s latest Household Finance Review - for the second quarter of this year - lifts the lid on mortgages. The headlines...
06 September 2023
From: Breaking News
The Bank of England says net mortgage approvals decreased from 54,600 in June to 49,400 in July, although approvals for remortgaging slightly increased...
04 September 2023
From: Breaking News
Aldermore is to allow brokers greater flexibility to appoint conveyancers to support on complex buy to let transactions. The lender is to...
04 September 2023
From: Breaking News
A study of 7,000 people by a specialist predicts the UK specialist residential mortgage market will treble to £16 billion by...
04 September 2023
From: Breaking News
The Howden Group, which acquired leading UK mortgage broker SPF Private Clients last year, is expanding further into the mortgage market...
30 August 2023
From: Breaking News
Brokers are wanting that the recent Rightmove asking price index does not mean that sellers are necessarily in a position to...
30 August 2023
From: Breaking News
Legal and General Mortgage Club members will now be able to access LendInvest's new Residential Mortgages range, as well as its...
30 August 2023
From: Breaking News
There’s been a flurry of rate cuts from lenders serving all sector of the market as a battle begins for market...
28 August 2023
From: Breaking News
High interest rates are worsening the affordability issues at play in the housing market, the Halifax admits. It says that downward pressure...
28 August 2023
From: Breaking News
LSL resumes its acquisition trail by snapping up TenetLime, subject to FCA approval. TenetLime operates a network providing services to 231 mortgage...
28 August 2023
From: Breaking News
UK mortgage customers are turning to fixed rates and lump-sum payments as interest rates rise, according to new research by Butterfield...
23 August 2023
From: Breaking News
Brokers are up in arms about alleged profiteering by buy to let mortgage lenders’ arrangement fees. These jumped last autumn as a...
23 August 2023
From: Breaking News
A survey by property portal OnTheMarket suggests that only six per cent of home movers are concerned in any way about...
23 August 2023
From: Breaking News
There is speculation that the recent spate of figures from the UK economy may prompt a war between mortgage providers as...
21 August 2023
From: Breaking News
The latest Mortgage Market Tracker from the Intermediary Mortgage Lenders Association shows surprisingly upbeat market sentiment among advisers during the second...
21 August 2023
From: Breaking News
The number of interest-only (750,000) and part-interest-only (245,000) mortgages has halved since 2015, new Financial Conduct Authority analysis has found. The fall...
21 August 2023
From: Breaking News
Finance tech company Twenty7tec has produced mortgage market statistics for July 2023 - and it’s not all bad news… July was the...
16 August 2023
From: Breaking News
High profile specialist lender Shawbrook has unveiled two new mortgage products for its Buy to Let, Commercial and Semi-Commercial ranges. The offerings...
16 August 2023
From: Breaking News
Plans to ban cold calls for financial products are the subject of a consultation marking the next step in delivering the...
16 August 2023
From: Breaking News
The Co-operative Bank has bagged the entire Sainsbury’s Bank mortgage portfolio of some 3,500 customers with balances of £479m. Sainsbury’s customers are...
14 August 2023
From: Breaking News
A new analysis suggests that mortgage approval levels will decline by 11 per cent annually come the end of 2023. Octane Capital...
14 August 2023
From: Breaking News
Bluestone Mortgages is quitting the buy to let sector and says it will focus entirely on the owner-occupied mortgage market. It has...
14 August 2023
From: Breaking News
The Bank of England’s monetary policy committee is warning that inflation - which is effectively determining base rate and interest rates...
14 August 2023
From: Breaking News
Proptech company OneDome’s mortgage advisory firm CMME is launching a new scheme exclusively designed for self-employed mortgage advisers. The brand wants to...
08 August 2023
From: Breaking News
A financial service trading statement by a major player this week highlights the issues facing the industry. LSL is one of the...
08 August 2023
From: Breaking News
A new analysis shows that the UK's mortgage brokerage market is projected to grow this year despite ongoing economic insecurity. Octane Capital...
08 August 2023
From: Breaking News
Beverley Building Society has entered the buy to let market with two new products. Its variable rate BTL for UK customers is...
08 August 2023
From: Breaking News
The Bank of England’s latest base rate rise - up 0.25 per cent to 5.25 per cent - has been poorly...
08 August 2023
From: Breaking News
A series of financial experts give their prediction for next week’s Bank of England monetary policy committee decision - No rise?...
01 August 2023
From: Breaking News
A new survey of 2,000 UK adults has revealed that 50 per cent of those who have applied for a mortgage...
01 August 2023
From: Breaking News
New Freedom of Information data from the FCA - gathered by Quilter, the wealth manager and financial adviser - reveals that...
01 August 2023
From: Breaking News
From this week the banking and finance industry’s Reach Out campaign will be seen across out-of-home advertising, radio, print and digital,...
01 August 2023
From: Breaking News
PMS Mortgage Club, in partnership with compliance experts Bankhall, has rolled out a new support service to help mortgage and protection...
01 August 2023
From: Breaking News
New figures relating to the government’s mortgage guarantee scheme shows significant numbers of people taking out high loan to value mortgage...
25 July 2023
From: Breaking News
A new survey of 2,000 UK adults has revealed that 66 per cent of mortgage holders believe greater flexibility is needed...
25 July 2023
From: Breaking News
There’s general agreement amongst brokers and other finance sector professionals that the Bank of England will next week raise interest rates...
25 July 2023
From: Breaking News
Property portal and end-to-end transaction service OneDome says it wants to acquire more mortgage brokers as it reveals its HomeBuyer service...
25 July 2023
From: Breaking News
Metro Bank has undertaken what it calls “a major transformation of its mortgage origination platform” to streamline the process for both...
25 July 2023
From: Breaking News
After the interest rate volatility, impact on product availability and consequent pressure on advisers, the Intermediary Mortgage Lenders Association and Association...
18 July 2023
From: Breaking News
Legal & General’s new Ignite platform has seen a rise of 53 per cent in one month for broker searches for...
18 July 2023
From: Breaking News
The Bank of England’s latest stress test of the financial system suggests that UK's eight largest lenders could survive a worst...
18 July 2023
From: Breaking News
Lenders have reported the UK's biggest increase in mortgage defaults since 2009 - and they expect worse to come this autumn. The...
18 July 2023
From: Breaking News
Saffron for Intermediaries has launched a campaign to help and support broker partners get more self-employed mortgage applications approved first time...
18 July 2023
From: Breaking News
The latest house price index - this one from the Halifax - has triggered a huge wave of concern about the...
11 July 2023
From: Breaking News
Research published by the Home Builders Federation shows that the new homes owners will save an average of £135 on monthly...
11 July 2023
From: Breaking News
LendInvest has announced a £500m investment to contribute towards the cost of new Buy To Let and Residential Mortgage products. This new...
11 July 2023
From: Breaking News
Legal & General has launch a refreshed version of its mortgage research and sourcing platform, Legal & General Ignite. The upgraded platform...
11 July 2023
From: Breaking News
The OneDome Group, which for 20 years has operated its CMME Mortgages service, is launching a new consumer campaign in the...
11 July 2023
From: Breaking News
We’re now under four weeks away from the start of the Financial Conduct Authority’s Consumer Duty regime. This introduces a new Consumer...
04 July 2023
From: Breaking News
Mortgage approvals rose by just over three per cent from 49,000 in April to 50,500 in May according to new Bank...
04 July 2023
From: Breaking News
Nearly half of mortgage brokers expect the volume of buy-to-let portfolio limited company lending they write to increase in the next...
04 July 2023
From: Breaking News
Nationwide says the sharp rise in the costs of mortgages is causing a "significant drag" on the housing market - but...
04 July 2023
From: Breaking News
Companies representing some 85 per cent of all mortgage lending have signed up to a new charter. The lenders claims they have...
04 July 2023
From: Breaking News
Pepper Advantage, a global credit intelligence company with over $60 billion in assets under management, has published a gloomy report on...
27 June 2023
From: Breaking News
Fleet Mortgages is offering landlord borrowers £1,000 cashback if they improve the Energy Performance Certificate of the property to a C...
27 June 2023
From: Breaking News
The Mortgage Brain platform is staging a 10-stop roadshow this autumn with the mission to, in its words, “educate and empower...
27 June 2023
From: Breaking News
Trade body UK Finance has issued a timely reminder to the mortgage lending sector of its obligations to borrowers struggling following...
27 June 2023
From: Breaking News
The latest monthly criteria index from Knowledge Bank highlights the pressing financial difficulties for many in the UK - and with...
27 June 2023
From: Breaking News
There’s almost complete unanimity amongst analysts that this week will see yet another Bank of England base rate rise - and...
20 June 2023
From: Breaking News
Property portal OnTheMarket - the third major portal, behind clear market leaders Rightmove and Zoopla - has launched OnTheMarket Money, a...
20 June 2023
From: Breaking News
The Intermediary Mortgage Lenders Association wants the government to give additional support to landlords It says the cumulative effects of regulatory and...
20 June 2023
From: Breaking News
New research from bridging specialist and buy to let lender Mercantile Trust reveals an apparent lack of awareness among brokers and...
20 June 2023
From: Breaking News
National brokerage Just Mortgages is encouraging brokers to go into their local communities to win business. Rather than ‘waiting for it to...
20 June 2023
From: Breaking News
The Bank of England’s monetary policy committee does not meet until June 22 but that doesn’t mean there’s any let up...
13 June 2023
From: Breaking News
Support appears to be growing for a campaign to improve lender communication and increase the notice given about withdrawn mortgage products. Brokers...
13 June 2023
From: Breaking News
Nationwide Building Society has returned to lending at 95 per cent loan to value on non-new build flats. The society reduced its...
13 June 2023
From: Breaking News
Mortgage lenders and brokers have rarely had a higher profile than right now, when they are seen as key to the...
13 June 2023
From: Breaking News
A leading analyst is warning that a remortgage nightmare lies await in the second half of 2023. Sarah Coles of business consultancy...
06 June 2023
From: Breaking News
A new analysis by Moneyfactscompare - perhaps still better known by its old name, Moneyfacts - shows precisely how many mortgage...
06 June 2023
From: Breaking News
Nationwide Building Society has launched a new Home Energy Efficiency Tool to coincide with the debut of new green loan products. The...
06 June 2023
From: Breaking News
After the latest rise in Bank of England Base Rate, mortgage lenders are offering new products to help those struggling to...
23 May 2023
From: Breaking News
LMS’ Monthly Remortgage Snapshot for April showed £300 increases for remortgagers last month. Key findings: £300 average monthly payment increase for those who...
23 May 2023
From: Breaking News
There’s a growing optimism about the outlook for the mortgage market, according to the latest Mortgage Market Tracker report from the...
16 May 2023
From: Breaking News
New seller asking prices rise by just 0.2% (+£890) this month to £366,247, which is notably lower than the average increase...
25 April 2023
From: Breaking News
It’s turning into a buyers’ market as sellers are accepting on average £14,000 or 4% less than their asking price, according...
25 April 2023
From: Breaking News
Accord is once again cuts rates across its residential mortgage range by between 0.15% and 0.25%, at a time when market...
25 April 2023
From: Breaking News
Autumn 2023 will see the return of the Homebuyer Show Scotland in Glasgow, a dedicated show for Scottish homebuyers looking to...
18 April 2023
From: Breaking News
The latest market analysis by bridging finance specialists, Apex Bridging, has shown that £4.94bn was lent via bridging loan completions in...