Breaking News

Breaking News

Here is today’s latest news from the world of mortgages and introducers. Join the debate by leaving a comment below a story. Remember, you will need to be logged-in to do this.

Written by Peter Mitchell

Sales agreed overtake new listings again  

New supply outpaced agreed deals in July as conversion rates and price reductions varied sharply across Great Britain. ...

Remortgaging increases as buying searches ease

Mortgage search activity edged higher in July as remortgaging demand strengthened and purchase enquiries declined. ...

Vida Group exceeds £3bn of mortgage assets

Vida Group passes £3bn in mortgage assets as new lending more than doubles and investment in AI continues. ...

88% of adults would help kids or grandkids to buy

Most UK adults would support younger relatives with a property purchase as affordability pressures continue to grow. ...

Angel Property Finance joins BDLA

Angel Property Finance joins the BDLA, reinforcing its commitment to responsible lending and specialist property finance. ...

Mortgage identity fraud rises 36% in H1 2026

Cifas data reveals sharp increases across several forms of mortgage-related fraud. ...

Annual growth hits slowest rate since 2023

Property values remain broadly stable as borrowing costs and weak transaction volumes constrain activity. ...

One in three FTB consider variable or trackers

More first-time buyers are exploring flexible mortgage options as fixed-rate repayments climb. ...

30% premium for new-builds

Newly built properties now command a 30% premium, with significant regional differences across Great Britain. ...

Leek Building Society expands lending criteria

Revised criteria widen income options and offer greater flexibility for contractors and specialist cases. ...

HBF hits out at lack of help for first-time buyers  

Calls grow for a replacement equity loan scheme to improve access to new-build homes. ...

BTL remortgaging returns to record high

Buy-to-let refinancing matches its previous peak as landlords secure replacement deals. ...

MAB completes new-build integration

Three specialist mortgage businesses unite under the Meridian Group. ...

Afin Bank expands sales team

Afin Bank strengthens its sales team with three regional appointments. ...

Prime Property Finance buys Simpli Financial Solutions

Two mortgage firms join forces while retaining their brands and FCA authorisation. ...

Higher mortgage rates impact house price growth

House price growth slowed in July as higher mortgage rates tempered buyer demand, despite continued resilience across the market. ...

Residential transactions rise 2% year-on-year

Residential property transactions edged higher in June, although experts say the autumn will provide the true test of market momentum. ...

Record six-day deal for mortgage finance deal

Partnership completes mortgage-backed auction purchase in a record six days, highlighting faster conveyancing through collaboration. ...

More than 21,000 homeowners could sell off-market

Refinancing pressures and EPC changes are increasing the number of potential private property transactions across England and Wales. ...

Aldermore launches new lending approach

Aldermore expands residential mortgage criteria with a new five-tier lending model and higher LTV limits. ...

Interest rate threat and mortgage affordability cause market to stagnate

Higher mortgage costs and economic uncertainty are expected to keep...

Mortgage shock ahead as rates set to rise

Major lenders reprice deals as swap rates climb, adding further...

Biggest decline in mortgage rates since October 2024

Mortgage rates recorded their biggest monthly fall since October 2024...
Recommended for you
Latest Features

Mortgage purchase activity down but remortgaging recovers

Stonebridge reports an 18.2% drop in home loan applications in...

AI warning at conveyancing summit  

Experts warn that uncoordinated adoption of artificial intelligence could disrupt...