The lenders’ trade body, UK Finance, has published a report examining why some landlords are falling into mortgage arrears and why...
Archive
Paragon Bank is offering four new limited edition buy to let mortgages, with two products suitable for landlords with three or...
24 July 2024
From: Breaking News
Landbay has announced a raft of rate reductions across its buy to let product range, with rates falling by as much...
24 July 2024
From: Breaking News
A new lettings market index has been launched by the Skipton Group, parent company of Connells, the country’s largest lettings and...
24 July 2024
From: Breaking News
Nationwide has joined a year-old campaign to speed up the home buying process through increased digitisation. The society has joined the Open...
24 July 2024
From: Breaking News
NatWest has announced it will introduce new Airbnb-friendly mortgage terms that embrace home sharing via short lets. And now Airbnb wants...
22 July 2024
From: Breaking News
New research suggests that last year cash buyers accounted for the highest percentage of market activity seen in the last decade...
22 July 2024
From: Breaking News
The average age of landlords acquiring new rental property with a buy to let mortgage has fallen over the past decade,...
22 July 2024
From: Breaking News
Half of all UK homes have increased in value in the first half of 2024 by 1% or more, says Zoopla. This...
22 July 2024
From: Breaking News
Growing mortgage product choice shows growing confidence in aspects of the housing market, even before anticipated rate cuts. That’s the view of ...
22 July 2024
From: Breaking News
A left-wing academic is suggesting that the new UK Labour government should emulate the US and introduce life-long fixed-rate mortgages. Some 90...
17 July 2024
From: Breaking News
An estate agency’s research shows a regional breakdown of how the first time buyer market could change if the new government...
17 July 2024
From: Breaking News
UK lender Standard Life Home Finance has announced a new EPC scheme to encourage consumers to make their homes more sustainable. Upon...
17 July 2024
From: Breaking News
More rate cuts are being announced by lenders all the time as they vie for business and anticipate the Bank of...
17 July 2024
From: Breaking News
Lettings agency giant Connells says the private rental sector performed strongly in the second quarter of 2024 despite worries over future...
17 July 2024
From: Breaking News
The latest residential sentiment survey from the Royal Institution of Chartered Surveyors suggests a currently-subdued housing market but with a more...
15 July 2024
From: Breaking News
Virgin Money has launched The Retrofit Boost, a new mortgage product designed to help home owners improve their property’s energy efficiency. The...
15 July 2024
From: Breaking News
Prime London demand climbed in Q2, reversing downward trend seen so far this year The latest Prime London Demand Index by lettings...
15 July 2024
From: Breaking News
Estate agents’ body Propertymark has issued a report called ‘A Dickensian Legal Process’ exploring why it takes long and longer to...
15 July 2024
From: Breaking News
The average five-year fixed mortgage rate is now 4.97%, down from 5.91 % a year ago; and the average two-year fixed...
15 July 2024
From: Breaking News
One of the Bank of England monetary policy committee members has advised against a cut in base rate on August 1. Jonathan...
10 July 2024
From: Breaking News
Hinckley & Rugby for Intermediaries has enhanced its flexible mortgage range, cutting selected rates by up to 30bps and launching new...
10 July 2024
From: Breaking News
The availability of deals at 95% loan-to-value has risen to its highest point in over two years. Overall, it was the fifth...
10 July 2024
From: Breaking News
Atom, a UK app-based bank, has been accredited as a lender by the British Business Bank under the new Growth Guarantee...
10 July 2024
From: Breaking News
It appears that Metro Bank has resuscitated a plan to sell much of its mortgage book after being rescued from potential...
10 July 2024
From: Breaking News
Brokers can look forward to a strong second half of 2024, according to an industry leader. Rob Jupp, group chief executive at...
08 July 2024
From: Breaking News
More than a quarter of people are in the dark about interest rates and how much they pay, a new survey...
08 July 2024
From: Breaking News
Price growth in high-value prime areas has been put on hold given uncertainty surrounding the General Election, according to the latest...
08 July 2024
From: Breaking News
Mortgage Brain’s Mortgage Vision roadshow is back this autumn. The mortgage technology provider is heading to new locations with an expanded line-up...
08 July 2024
From: Breaking News
Almost a quarter of prospective homebuyers plan to make their homes more energy efficient in the hope of securing more favourable...
08 July 2024
From: Breaking News
The Nationwide has calculated that house buyers with mortgages are now pay far above the long term average. The lender, in its...
03 July 2024
From: Breaking News
Mortgage approvals for house purchases fell slightly from 60,800 in April to 60,000 in May, says the Bank of England. Approvals for...
03 July 2024
From: Breaking News
The Nationwide regional house price indices are produced quarterly, with data for Q2 (the three months up to and incluingJune) showing...
03 July 2024
From: Breaking News
The Conservatives are set to lose nearly half of homeowner votes this week, latest polling from national estate agency Jackson-Stops reveals....
03 July 2024
From: Breaking News
Fewer than half (46%) of potential first-time buyers believe this week’s General Election will improve their buying prospects, despite manifesto pledges. Labour...
03 July 2024
From: Breaking News
Some 3m UK households are to be hit with further increases in mortgage repayments over the next two years, the Bank...
01 July 2024
From: Breaking News
New research from the Intermediary Mortgage Landers Association suggests that the cumulative shortfall in first-time buyer numbers since the financial crisis...
01 July 2024
From: Breaking News
A huge survey involving analysis of over 14,000 properties suggests an urgent need for the next government to help private rental...
01 July 2024
From: Breaking News
Mortgage-backed housing sales volumes over the last three months are still some 49% below this time last year. A new analysis by...
01 July 2024
From: Breaking News
Data from UK Finance suggests that interest-only mortgage holders are showing no obvious signs of distress despite interest rates remaining high. There...
01 July 2024
From: Breaking News
HSBC has made extensive cuts to rates levied on a vast range of residential and buy to let mortgages, coming into...
26 June 2024
From: Breaking News
A new first-time buyer study from Rightmove reveals that the average first-time buyer mortgage payment has risen by 61% since the...
26 June 2024
From: Breaking News
Aldermore has expanded its mortgage range to appeal to self-employed contractors operating via a limited company or sole trader, enabling them...
26 June 2024
From: Breaking News
Intermediary the Mortgage Advice Bureau claims to be breaking new ground by partnering with Effective Home to transform the landscape of...
26 June 2024
From: Breaking News
Buyers and sellers had to process a series of different numbers starting with five last week. The crucial number was 5.7%. That...
26 June 2024
From: Breaking News
The significant majority of mortgaged residential properties currently below Energy Performance Certificate band C could achieve band C or above by...
24 June 2024
From: Breaking News
The West Brom - the UK’s seventh largest building society - is now offering a range of fixed rate mortgages to...
24 June 2024
From: Breaking News
There’s been particularly sharp criticism for the Bank of England’s decision at the end of last week to hold base rate...
24 June 2024
From: Breaking News
Total mortgage lending sat at just £50.5 billion during the first quarter of 2024, the lowest level seen since interest rates...
24 June 2024
From: Breaking News
Interest rates for borrowers have been volatile over the past six months, despite no change to the Bank of England base...
24 June 2024
From: Breaking News
The Bank of England has been sharply criticised for an “attack on homeowners” due to its refusal to cut rates. The Monetary...
19 June 2024
From: Breaking News
HLPartnership, the UK’s largest privately owned mortgage and protection network, is hosting a webinar event today to help entrepreneurs decide whether...
19 June 2024
From: Breaking News
Overall, the total value of the UK housing market contracted by 21% in the year to March 2024, on the back...
19 June 2024
From: Breaking News
Rightmove reports that the average price of property coming to the market for sale drops by £21 this month to £375,110...
19 June 2024
From: Breaking News
Mortgage experts have criticised the Reform UK housing and tax policies as being superficially appealing but risking a return to the...
19 June 2024
From: Breaking News
A number of major mortgage lenders have announced rate increases just as the election campaign enters its second half. Barclays has increased...
17 June 2024
From: Breaking News
Homebuyers are being gazumped due to lengthy property chains and delays in getting a mortgage, new research from Market Financial Solutions...
17 June 2024
From: Breaking News
Paragon Bank has launched a new refurb-to-let deal, offering landlords finance to upgrade their properties. The two refurb-to-let products are designed for...
17 June 2024
From: Breaking News
Moneyfacts has analysed the movements in mortgage rates since the Conservatives came to office in 2010. Average two-year fixed mortgage rates fluctuated...
17 June 2024
From: Breaking News
Buckinghamshire Building Society has launched a new non-standard credit buy to let mortgage, following what it calls “significant broker demand.” The BTL...
17 June 2024
From: Breaking News
oneyfacts data reveals the average shelf-life of a mortgage has dropped to 15 days, down from 28 days a month prior. Month-on-month...
12 June 2024
From: Breaking News
Jersey's mortgage rates have been consistently higher than those in the UK, sparking concern among consumers and prompting our investigation, according...
12 June 2024
From: Breaking News
After a brief absence for what it calls “operational reasons” the Suffolk Building Society has returned to the 95% market with...
12 June 2024
From: Breaking News
UK Finance has released its financial services manifesto, outlining key priorities the next government should focus on. David Postings, Chief Executive of...
12 June 2024
From: Breaking News
New figures from UK Finance show a drop off in later life mortgage lending in recent months. There were 28,840 new loans...
12 June 2024
From: Breaking News
The European Central Bank has cut its key deposit rate to 3.75% - so moving faster than the Bank of England...
10 June 2024
From: Breaking News
The industry is sceptical about the effectiveness of Labour’s nw ‘Freedom To Buy’ initiative, which effectively makes the current mortgage guarantee...
10 June 2024
From: Breaking News
The Mortgage Works is launching a new tool that provides brokers with the opportunity to support portfolio landlords. With the buy...
10 June 2024
From: Breaking News
Newcastle for Intermediaries has launched a new mortgage platform for its broker partners. Following the announcement of its new broker website and...
10 June 2024
From: Breaking News
The mortgage market is resilient enough to endure temporary political uncertainty created by next month’s General Election. That’s the view of Jonathan...
10 June 2024
From: Breaking News
Higher-for-longer interest rates are likely to remain for the rest of this year, warns the deVere Group, an independent financial advisory...
05 June 2024
From: Breaking News
Rightmove says there should be a review of mortgage affordability criteria undertaken by the next government. The portal’s mortgages expert Matt Smith...
05 June 2024
From: Breaking News
Despite a more subdued period for the mortgage market, analysis by Moneyfacts shows a handful of lenders pulled higher loan-to-value deals. Last...
05 June 2024
From: Breaking News
The proposed merger between mortgage and financial service providers Nationwide and Virgin Money is to be investigated by the UK's competition...
05 June 2024
From: Breaking News
Official Bank of England figures shows that net mortgage approvals for house purchases totalled 61,100 in April, little changed from 61,300...
05 June 2024
From: Breaking News
Applications from first time buyers have grown by 33% so far this year with FTBs now making up a higher proportion...
03 June 2024
From: Breaking News
Analysis by an estate agency shows that since the 1980s, house prices have climbed by an average of 5.4% in the...
03 June 2024
From: Breaking News
03 June 2024
From: Breaking News
Building societies' mortgage balances grew in the six months between October 2023 and March 2024, when they had declined across the...
03 June 2024
From: Breaking News
An analysis of period property transactions reveals that demand has slumped as low as 39.2% of previous highs because of premiums...
03 June 2024
From: Breaking News
FinTech company Mortgage Brain has partnered with large scale buy to let lender The Mortgage Works to host a free Mortgage...
30 May 2024
From: Breaking News
The Building Societies Act 1986 (Amendment Bill) successfully passed its legislative stages as part of the last minute ‘wash up’ of...
30 May 2024
From: Breaking News
New data from Rightmove reveals that 95% of people planning to move home say the July General Election will not affect...
30 May 2024
From: Breaking News
Dudley Building Society has made its residential large loan mortgage range accessible to all brokers. Up until now, access to the building...
30 May 2024
From: Breaking News
Leaders. Romans Group, one of the UK's leading property services groups, has rebranded and amalgamated Start Financial Services into Mortgage Scout. Start...
30 May 2024
From: Breaking News
There’s a warning that the general election campaign will probably mean that the interest rate cuts hoped for in June will...
28 May 2024
From: Breaking News
A Freedom of Information (FoI) request from a former pensions minister has revealed a significant increase in the proportion of home...
28 May 2024
From: Breaking News
An online agency has analysed current housing market listings to see which types of home are most in demand from England’s...
28 May 2024
From: Breaking News
UK digital bank Chetwood Financial has completed the acquisition of the buy to let mortgage lender CHL Mortgages for Intermediaries from...
28 May 2024
From: Breaking News
New research from Compare the Market has revealed that nearly seven in 10 households have been caught out by surprise costs...
28 May 2024
From: Breaking News
April Mortgages has launched its new unique house purchase mortgage range. Now all registered firms will be able to offer the entire...
22 May 2024
From: Breaking News
There was a 13% increase in Q1 2024 of 56-65 year-olds searching for their first property compared to the same period...
22 May 2024
From: Breaking News
Rightmove is predicting some 1.1m residential transactions this year - but it says the glacial pace of house buying in the...
22 May 2024
From: Breaking News
Optimus has renewed its long-term partnership with fee-free mortgage adviser London & Country (L&C). Optimus claims that the new contract “will further...
22 May 2024
From: Breaking News
LiveMore, the mortgage lender for people aged 50 to 90 plus, has launched a new up to 100% standalone debt consolidation...
22 May 2024
From: Breaking News
The latest report from the Intermediary Mortgage Lenders Association (IMLA) reveals that intermediary confidence in the industry increased in Q1 2024. Some...
20 May 2024
From: Breaking News
There was good news over the weekend as rates reductions announced late last week kicked in. Barclays has cut a number of...
20 May 2024
From: Breaking News
Independent mortgage monitor service Moneyfacts says rises to average two- and five-year fixed mortgage rates have gained pace month-on-month. The overall five-year...
20 May 2024
From: Breaking News
Londoners looking to buy a home can expect to spend 42% more on monthly mortgage payments than tenants pay on rent,...