Archive

Knight Frank says a reduction in mortgage costs as early as February - or perhaps more likely in Q2 next year...

The Office for Budget Responsibility - part of the Treasury but operating independently of government - is forecasting house prices to...

A new analysis of the new build housing market for next year suggests that eventually there will be a bounce, triggered...

SPF Private Clients has opened new offices in Hong Kong and Singapore. The Singapore office is to be headed by Scott Mitchell,...

The Nationwide wants greater government support for first-time buyers as rising costs delay owning a home. As one of the UK’s biggest...

Nationwide has reduced selected mortgage rates by up to 0.43 per cent across its New Business, Switcher, Additional Borrowing, Existing Customers...

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...

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...

Just Refer, a new referral portal for national brokerage Just Mortgages and financial services arm Just Wealth, has supported brokers in...

A new 10-point plan from the Home Builders Federation shows how policymakers could act fast to boost the supply of new,...

The research chief at lettings agency Hamptons says it’s likely that landlords have been hit harder by high interest rates than...

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...

New data from Legal & General - based on searches to its Ignite platform - suggests a diverse mortgage market during...

A new study shows a remarkably low number of people seeking professional financial advice. The report is called State of Flux and...

The share of homes sold by a landlord in Great Britain fell from 15.7 per cent in 2022 to 14.0 per...

Many of the country’s major lenders - and quite a few smaller ones, too - have slashed mortgage rates in response...

Following analysis of its 2023 buy to let mortgage market data, Twenty7tec has reported a significant fall in searches for buy...

Shawbrook Bank has seen a dramatic reduction in the time to process buy to let mortgage offers since rewriting legacy software...

The Mortgage Lander is warning that mortgages rates will need to come down more, and faster, to really kick-start the housing...

The chief executive of Winkworth estate agency chain says this week’s Autumn Statement must see the reinstatement of Mortgage Interest Tax...

The nation’s landlords are responding to higher levels of mortgage interest rates by cutting their borrowing. The research comes from specialist property...

Some 45 per cent of homebuyers cited in a survey say slow property lawyer response time is a key pain point...

A new personal guarantee insurance protection service has been launched for professional landlords - triggered by a surge  in incorporation. Purbeck Personal Guarantee...

A new study by a price comparison platform suggests that many younger Britons are waiting to inherit before buying a home. In...

The EY Item Club is warning that the UK is set to experience the slowest two-year mortgage growth in a decade. EY...

End-to-end mortgage service Smartr365 has beefed up its platform to improve the experience of brokers sourcing protection packages for clients. These developments...

Contributors to a quarterly specialist finance publication have reported a 15.3 per cent increase in bridging loan transactions, totalling £191m, during...

Homeowners in Wales who are struggling with their mortgages could get loans that are interest-free for the first five years under...

Lenders’ trade body UK Finance says there were 11,540 buy to let mortgages in arrears of 2.5 per cent or more of...

A digital mortgage broker has launched an online tool aggregating data from over 50 Buy to Let lenders to calculate what...

The first time buyer economy, comprised of lending and spending, will reach £74.1 billion by 2025, according to research by Coventry...

There’s been an alarming set of figures in the Bank of England’s latest Money and Credit report, which relates to September. Net...

The equity release market has seen growth for the first time in 12 months with quarterly increases in both new customers...

Rightmove claims that single first-time buyers on an average salary and with a 5.0 per cent deposit could not afford three-quarters...

Global credit intelligence provider Pepper Advantage, which has a 100,000+ UK residential mortgage portfolio, says arrears in this country have seen...

Tomorrow’s King’s Speech, setting out the legislative agenda for the coming year, looks certain to include leasehold reform - and the...

The Bank of England has held base rate at 5.25 per cent, with most analysts saying this is likely to be...

The UK's largest mortgage lender expects house prices to fall this year and next before rising in 2025. Lloyds Banking Group -...

Landlords need greater support from mortgage advisers in order to navigate the best course through the current economic climate. That’s according to...

HLPartnership - which describes itself as the country’s biggest privately-owned mortgage network - has revealed upgrades to its technology platform which...

PriceHubble, a supplier of data solutions for real estate and finance, has acquired WhenFresh, delivering data and decision engines to banks,...

The Bank of England is expected to hold base rate at 5.25 per cent this week with many analysts expecting this...

Jo Breeden, managing director of Crystal Specialist Finance, writes: In his recent speech, the Prime Minister scrapped the proposed changes to EPC...

A range informal media briefings on behalf of the UK government suggest that an extension of the current mortgage guarantee scheme...

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...

Searches for interest-only mortgages rose a hefty 51 per cent in the past month as buyers seek to improve affordability. Research data...

A residential mortgage lender is using AI to help brokers attract more customers as well as engage existing customers. MPowered Mortgages says...

UK mortgage holders are repaying record amounts of mortgage debt, according to the  Equity Release Council. But the ERC claims high levels...

Britain’s macroeconomic policy framework needs an overhaul to tackle the risk of an unsustainable ratcheting up of debt. That’s the view of...

A host of lenders have announced cuts to their rates in recent days, with Halifax arguably the most significant. It’s launched three-year...

Landlords in the UK are paying 40 per cent more mortgage interest than in August 2022, which equates to an extra...

There are growing fears of yet another Bank of England base rate rise next month following the surprise inflation figure released...

Two prominent UK house builders have warned of sharply reduced volumes in the next year or so as buyers struggle to...

A specialist business bank is strengthening its proposition for portfolio landlords with a new Green Reward cashback offer. Redwood Bank says it...

A new analysis of the UK’s buy to let mortgage market shows just how much it’s grown over the past decade,...

A Bank of England report has expressed concern at the number of homeowners - especially young first time buyers - taking...

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...

Skipton Building Society has made what some brokers call an “unprecedented move” by offering rates for existing borrowers switching products starting...

Analysts suggest that mortgage lending is likely to fall over the rest of 2023 with both demand and supply dropping thanks...

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...

Prominent independent brokerage The Mortgage Hut has partnered with Property Circle to adopt its automated lead generation system and client app. Nicola...

The Nationwide says high interest rates are helping to redefine the housing market in terms of transaction volumes and choices of...

A depressing 64 per cent of people have taken out a mortgage or personal loan without fully understanding how it works,...

New data from Experian reveals that one in four mortgages lent to those under 30 now have a term of 35...

Despite the housing market slowdown, brokers are being warned that the autumn months of September, October and November have typically seen...

The crisis hit Metro Bank is in talks to sell off at least a £3 billion portion of its mortgage book. The...

It’s now the tenth week that average rates of dropped, as the slow but steady downward trend of fixed-mortgage rates continues.  As...

Is the mortgage price war really over? On the one hand there are good signs for the housing market - no substantial...

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...

The latest industry index on property fall throughs by quick-buy property firm House Buyer Bureau shows the problem accelerating across the...

Mortgage and protection brokerage Access Financial Services has launched an in-house digital marketing and lead generation platform. Access FS has acquired a...

An estimated seven million UK households are struggling to keep up with their rent or mortgage payments, Which? warns, with millions...

It’s now one year since former Prime Minister Liz Truss and Chancellor Kwasi Kwarteng’s ill-fated mini-budget, which acted as a catalyst...

The interest rate on the average five-year fixed mortgage has dropped below 6.0 per cent for the first time in nearly...

The number of three-year fixed mortgage products available from lenders has been rising over the last few months as borrowers coming...

Metro Bank customers will now benefit from a smoother house buying process thanks to a new partnership with Legal & General...

Atom bank has announced a partnership with climate tech business Kamma to give “an unparalleled view on both the physical and...

Brokers have criticised NatWest for allegedly offering a sub-5.0 per cent 60 per cent LTV five -year fixed mortgage rate direct...

The head of a specialist buy to let mortgage broker has controversially told landlords that the scrapping of Section 21 eviction...

Estate agency group My Property Box has launched a financial services arm. My Property Box Financial Services offers advice on a wide...

A consumer platform claims almost half of Londoners’ income goes on their mortgage or rent, with a third saying they pay...

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...

Half a million mortgage-holders are facing an imminent financial shock as their fixed deals end in the run-up to Christmas or...

Molo Finance - which says it’s “the UK’s first fully digital mortgage lender” - has joined with a PropTech startup to...

Pressure on mortgage holders is leaving Briton struggling to cope with their mental and physical health according to a wellbeing service...

Brokers are warning that dramatic council ‘effective bankruptcies’ will increase local residents’ tax bills and so hurt mortgage affordability. This follows the...

The Financial Conduct Authority is introducing new screening checks for firms that approve financial adverts.   Firms approving financial marketing for unregulated firms...

The jury is out as to whether there will be a rate rise this week when the Bank of England Monetary...

Almost 400 misleading promotions by later life mortgage firms have been binned or amended, thanks to the Financial Conduct Authority.   The...

Mortgage arrears in the UK jumped by almost a third between April and June compared with the same period last year,...

New analysis of personal guarantee requests from lenders for Limited Company Buy to Let mortgage, has found that the average personal...

Data from mortgage research and sourcing platform Legal & General Ignite reveals a significant spike in searches for Interest Only products...

First Direct has crunched market data to give an insight into FTB activity over the summer just gone. There are three...

Equifax data has found that 41 per cent of live mortgages in the UK are held by customers who will be...

A body called the Landlord Leaders Community is pledging “to drive positive change for a sustainable and thriving private rented sector.” Set...

After six consecutive weeks of mortgage rate reductions - and the expectation of more soon - there are hopes of sub-5.0...

Belvoir - fast becoming as big a force in financial services as in property - has snapped up a regional mortgage...

This week sees the start of Mortgage Vision, the free regional mortgage industry roadshow. Now in its 15th year, Mortgage Vision opens...

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...

LendInvest has launched automatic DIPs - decisions in principle - as part of its latest platform update. The automated DIP process means...