Archive

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...

The impact of higher interest rates isn’t felt equally across the country, according to data from the Halifax. Despite recording one of...

UK Finance’s latest Household Finance Review - for the second quarter of this year - lifts the lid on mortgages. The headlines...

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...

Aldermore is to allow brokers greater flexibility to appoint conveyancers to support on complex buy to let transactions. The lender is to...

A study of 7,000 people by a specialist predicts the UK specialist residential mortgage market will treble to £16 billion by...

The Howden Group, which acquired leading UK mortgage broker SPF Private Clients last year, is expanding further into the mortgage market...

Brokers are wanting that the recent Rightmove asking price index does not mean that sellers are necessarily in a position to...

Legal and General Mortgage Club members will now be able to access LendInvest's new Residential Mortgages range, as well as its...

There’s been a flurry of rate cuts from lenders serving all sector of the market as a battle begins for market...

High interest rates are worsening the affordability issues at play in the housing market, the Halifax admits. It says that downward pressure...

LSL resumes its acquisition trail by snapping up TenetLime, subject to FCA approval.   TenetLime operates a network providing services to 231 mortgage...

UK mortgage customers are turning to fixed rates and lump-sum payments as interest rates rise, according to new research by Butterfield...

Brokers are up in arms about alleged profiteering by buy to let mortgage lenders’ arrangement fees. These jumped last autumn as a...

A survey by property portal OnTheMarket suggests that only six per cent of home movers are concerned in any way about...

There is speculation that the recent spate of figures from the UK economy may prompt a war between mortgage providers as...

The latest Mortgage Market Tracker from the Intermediary Mortgage Lenders Association shows surprisingly upbeat market sentiment among advisers during the second...

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...

Finance tech company Twenty7tec has produced mortgage market statistics for July 2023 - and it’s not all bad news… July was the...

High profile specialist lender Shawbrook has unveiled two new mortgage products for its Buy to Let, Commercial and Semi-Commercial ranges.  The offerings...

Plans to ban cold calls for financial products are the subject of a consultation marking the next step in delivering the...

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...

A new analysis suggests that mortgage approval levels will decline by 11 per cent annually come the end of 2023. Octane Capital...

Bluestone Mortgages is quitting the buy to let sector and says it will focus entirely on the owner-occupied mortgage market. It has...

The Bank of England’s monetary policy committee is warning that inflation - which is effectively determining base rate and interest rates...

Proptech company OneDome’s mortgage advisory firm CMME is launching a new scheme exclusively designed for self-employed mortgage advisers. The brand wants to...

A financial service trading statement by a major player this week highlights the issues facing the industry. LSL is one of the...

A new analysis shows that the UK's mortgage brokerage market is projected to grow this year despite ongoing economic insecurity. Octane Capital...

Beverley Building Society has entered the buy to let market with two new products. Its variable rate BTL for UK customers is...

The Bank of England’s latest base rate rise - up 0.25 per cent to 5.25 per cent - has been poorly...

A series of financial experts give their prediction for next week’s Bank of England monetary policy committee decision - No rise?...

A new survey of 2,000 UK adults has revealed that 50 per cent of those who have applied for a mortgage...

New Freedom of Information data from the FCA - gathered by Quilter, the wealth manager and financial adviser - reveals that...

From this week the banking and finance industry’s Reach Out campaign will be seen across out-of-home advertising, radio, print and digital,...

PMS Mortgage Club, in partnership with compliance experts Bankhall, has rolled out a new support service to help mortgage and protection...

New figures relating to the government’s mortgage guarantee scheme shows significant numbers of people taking out high loan to value mortgage...

A new survey of 2,000 UK adults has revealed that 66 per cent of mortgage holders believe greater flexibility is needed...

There’s general agreement amongst brokers and other finance sector professionals that the Bank of England will next week raise interest rates...

Property portal and end-to-end transaction service OneDome says it wants to acquire more mortgage brokers as it reveals its HomeBuyer service...

Metro Bank has undertaken what it calls “a major transformation of its mortgage origination platform” to streamline the process for both...

After the interest rate volatility, impact on product availability and consequent pressure on advisers, the Intermediary Mortgage Lenders Association and Association...

Legal & General’s new Ignite platform has seen a rise of 53 per cent in one month for broker searches for...

The Bank of England’s latest stress test of the financial system suggests that UK's eight largest lenders could survive a worst...

Lenders have reported the UK's biggest increase in mortgage defaults since 2009 - and they expect worse to come this autumn. The...

Saffron for Intermediaries has launched a campaign to help and support broker partners get more self-employed mortgage applications approved first time...

The latest house price index - this one from the Halifax - has triggered a huge wave of concern about the...

Research published by the Home Builders Federation shows that the new homes owners will save an average of £135 on monthly...

LendInvest has announced a £500m investment to contribute towards the cost of new Buy To Let and Residential Mortgage products. This new...

Legal & General has launch a refreshed version of its mortgage research and sourcing platform, Legal & General Ignite. The upgraded platform...

The OneDome Group, which for 20 years has operated its CMME Mortgages service, is launching a new consumer campaign in the...

We’re now under four weeks away from the start of the Financial Conduct Authority’s Consumer Duty regime. This introduces a new Consumer...

Mortgage approvals rose by just over three per cent from 49,000 in April to 50,500 in May according to new Bank...

Nearly half of mortgage brokers expect the volume of buy-to-let portfolio limited company lending they write to increase in the next...

Nationwide says the sharp rise in the costs of mortgages is causing a "significant drag" on the housing market - but...

Companies representing some 85 per cent of all mortgage lending have signed up to a new charter.  The lenders claims they have...

Pepper Advantage, a global credit intelligence company with over $60 billion in assets under management, has published a gloomy report on...

Fleet Mortgages is offering landlord borrowers £1,000 cashback if they improve the Energy Performance Certificate of the property to a C...

The Mortgage Brain platform is staging a 10-stop roadshow this autumn with the mission to, in its words, “educate and empower...

Trade body UK Finance has issued a timely reminder to the mortgage lending sector of its obligations to borrowers struggling following...

The latest monthly criteria index from Knowledge Bank highlights the pressing financial difficulties for many in the UK - and with...

There’s almost complete unanimity amongst analysts that this week will see yet another Bank of England base rate rise - and...

Property portal OnTheMarket - the third major portal, behind clear market leaders Rightmove and Zoopla - has launched OnTheMarket Money, a...

The Intermediary Mortgage Lenders Association wants the government to give additional support to landlords It says the cumulative effects of regulatory and...

New research from bridging specialist and buy to let lender Mercantile Trust reveals an apparent lack of awareness among brokers and...

National brokerage Just Mortgages is encouraging brokers to go into their local communities to win business. Rather than ‘waiting for it to...

The Bank of England’s monetary policy committee does not meet until June 22 but that doesn’t mean there’s any let up...

Support appears to be growing for a campaign to improve lender communication and increase the notice given about withdrawn mortgage products.  Brokers...

Nationwide Building Society has returned to lending at 95 per cent loan to value on non-new build flats. The society reduced its...

Mortgage lenders and brokers have rarely had a higher profile than right now, when they are seen as key to the...

A leading analyst is warning that a remortgage nightmare lies await in the second half of 2023. Sarah Coles of business consultancy...

A new analysis by Moneyfactscompare - perhaps still better known by its old name, Moneyfacts - shows precisely how many mortgage...

Nationwide Building Society has launched a new Home Energy Efficiency Tool to coincide with the debut of new green loan products. The...

After the latest rise in Bank of England Base Rate, mortgage lenders are offering new products to help those struggling to...

LMS’ Monthly Remortgage Snapshot for April  showed £300 increases for remortgagers last month. Key findings: £300 average monthly payment increase for those who...

There’s a growing optimism about the outlook for the mortgage market, according to the latest Mortgage Market Tracker report from the...

New seller asking prices rise by just 0.2% (+£890) this month to £366,247, which is notably lower than the average increase...

It’s turning into a buyers’ market as sellers are accepting on average £14,000 or 4% less than their asking price, according...

Accord is once again cuts rates across its residential mortgage range by between 0.15% and 0.25%, at a time when market...

Autumn 2023 will see the return of the Homebuyer Show Scotland in Glasgow, a dedicated show for Scottish homebuyers looking to...

The latest market analysis by bridging finance specialists, Apex Bridging, has shown that £4.94bn was lent via bridging loan completions in...

Accord Mortgages is making further changes to its buy-to-let and residential rates. For the second time in as many weeks, buy to...