Chorley Building Society has extensive enhanced its mortgage range with new products for limited company buy to let investors, holiday lets,...
Archive
Just Mortgages, one of the UK’s largest mortgage brokerages, is hosting its second broker academy of the year. The programme caters to...
24 April 2024
From: Breaking News
Mortgage lending has fallen by -28.6% in the past year, according to a new analysis. Octane Capital analysed gross mortgage lending data*...
24 April 2024
From: Breaking News
Jonathan Samuels, chief executive of Octane Capital, believes that with the property market now showing early signs of a return to...
24 April 2024
From: Breaking News
The number of new sellers coming to the market is up by 12% compared to this time a year ago, and...
22 April 2024
From: Breaking News
Large gaps remain between Mortgage Approval Prices and Asking Prices - even though there is some evidence of vendors and agents...
22 April 2024
From: Breaking News
There’s been a bevvy of buy to let mortgage deal changes this week. Shawbrook has made a series of reductions across its...
22 April 2024
From: Breaking News
New Financial Conduct Authority statistics display housing market turbulence over the past two years, raising concerns about buyers and lenders in...
22 April 2024
From: Breaking News
An analysis of government house price data by business consultancy Hargreaves Lansdown suggests the typical mortgage term for a first time...
17 April 2024
From: Breaking News
A new report reveals the latest trends in UK lending and borrowing, compiled by lending software company Lenvi. The most notable trends include...
17 April 2024
From: Breaking News
MPs on the all-party Levelling Up, Housing and Communities Select Committee want to quiz representatives from across the house selling community about...
17 April 2024
From: Breaking News
The majority of buyers and sellers in the prime housing market will not be deterred by the upcoming General Election, claims...
17 April 2024
From: Breaking News
John Charcol’s` new owners say they will grow the adviser base and diversify and develop the product offering of the high-profile...
15 April 2024
From: Breaking News
Lloyds Banking Group, Nationwide, NatWest - along with Rightmove - have announced a strategic investment in Coadjute, a prominent PropTech business. This...
15 April 2024
From: Breaking News
Fall throughs are costing sellers some £909m a year - and that’s even on recent muted sales figures. Home Sale Pack has...
15 April 2024
From: Breaking News
Monthly payments on some 123,000 home loan accounts were cut in the first eight months of the government’s Mortgage Charter. The...
15 April 2024
From: Breaking News
UK house prices grew in March on a quarterly basis, by 2.0%, with annual growth slowing to 0.3%, from 1.6% in...
15 April 2024
From: Breaking News
Almost half (45%) of UK homebuyers would consider using an ethical finance provider that follows Islamic principles, finds Gatehouse Bank. Gatehouse Bank,...
10 April 2024
From: Breaking News
Shared ownership has failed to deliver an affordable route to home ownership for too many and for too long, says a...
10 April 2024
From: Breaking News
UK house prices fell by 0.2% in March. Nevertheless, the annual rate of house price growth edged higher to 1.6% in...
10 April 2024
From: Breaking News
Mortgage advisers Larry Barreto and Tassib Hussain have been sentenced for fraud offences following a prosecution brought by the Financial Conduct...
10 April 2024
From: Breaking News
A property software business says its research shows that the housing market revival is driven by the premiums levied on new...
10 April 2024
From: Breaking News
There’s been a huge rise in the number of buy to let property repossessions in the first quarter of 2024 compared...
08 April 2024
From: Breaking News
Suffolk Building Society has introduced a tiered approach to its Interest Cover Ratio assessment for buy to let and holiday let...
08 April 2024
From: Breaking News
Mortgage approvals jumped 7.7% in February to 60,383, and were 40% higher than they were a year ago, new figures from...
08 April 2024
From: Breaking News
New data from Rightmove reveals that Thursday March 28 was the biggest day for the number of new sellers coming to...
08 April 2024
From: Breaking News
Recent economic data was reassuringly predictable. We learned that core inflation fell by fractionally more than expected while services inflation proved slightly...
04 April 2024
From: Breaking News
New research shows that sellers in Wales are likely to be hit hardest by a down valuation, with the average home...
04 April 2024
From: Breaking News
Legal & General Mortgage Club has added April Mortgages to its lender panel, giving additional exposure to April’s long-term fixed-rate remortgage...
04 April 2024
From: Breaking News
A 2,000-person survey has revealed the diverse financial routes that first time buyers take to get on the property ladder. The survey...
04 April 2024
From: Breaking News
Yorkshire Building Society new fee-free offer will enable first-time buyers across England, Scotland or Wales with a £5,000 deposit to purchase...
02 April 2024
From: Breaking News
Homes Under The Hammer property expert Lucy Alexander is fronting a new campaign to identify empty homes and bring them back...
27 March 2024
From: Breaking News
The average volume of UK properties listed for sale month-on-month rose by 58% in 2023 compared to a year previously, underscoring...
27 March 2024
From: Breaking News
Some of the biggest names in the trade, lending and advisory sectors have produced a report outlining the vast significance that...
27 March 2024
From: Breaking News
The beleaguered construction sector - a good early indicator of later sales activity - has seen a welcome boost in some...
27 March 2024
From: Breaking News
A think tank is urging the UK government to initiate mortgage market reforms to promote higher home ownership. The Social Market Foundation...
27 March 2024
From: Breaking News
Since the start of September 2023, the average two-year fixed rate has fallen from 6.70% to 5.76% and the average five-year...
25 March 2024
From: Breaking News
Kent Reliance for Intermediaries - part of the OSB Group - has refreshed products across their residential, buy to let, and...
25 March 2024
From: Breaking News
New Mortgage Lenders and Administrators statistics for Q4 2023 paint a very worrying picture of the mortgage market. That’s the view of...
20 March 2024
From: Breaking News
Analysis from estate agency Yopa reveals that while the London market may be the worst performing in terms of house prices, it...
20 March 2024
From: Breaking News
A buying agency says stamp duty is one of the biggest obstacles to a healthy housing market driven. Recoco Property Search says...
20 March 2024
From: Breaking News
Fewer people are concerned about paying their mortgage and fewer believe mortgage affordability is a barrier to home buying. That’s the verdict...
20 March 2024
From: Breaking News
There’s been an angry reaction to news that from today - March 18 - Halifax is changing the maximum age allowed...
18 March 2024
From: Breaking News
The average shelf-life of a mortgage product is just 15 days, with lenders increasing fixed rates, says Moneyfacts. Average mortgage rates on...
18 March 2024
From: Breaking News
Some 40% of residential landlords with a mortgage - fixed, tracker or discount - are due to renew their mortgage rate...
18 March 2024
From: Breaking News
The Cambridge Building Society has re-introduced top slicing on its standard Buy to Let range up to 80 per cent LTV. This...
13 March 2024
From: Breaking News
Kensington Mortgages has lowered rates and reduced arrangement fees across selected 90 and 95 per cent Loan To Value products. For its...
13 March 2024
From: Breaking News
The ‘average’ 25 year mortgage term is increasingly becoming a thing of the past says USwitch. A recent study of the data...
13 March 2024
From: Breaking News
New data from Zoopla suggests that the housing market is becoming buoyant despite widespread uncertainty over the exact direction of mortgage...
13 March 2024
From: Breaking News
A new study has revealed the best and worst UK regions for first-time buyers based on house affordability and earning potential. The...
13 March 2024
From: Breaking News
The Nationwide Building Society has agreed to buy Virgin Money in a £2.9 billion deal - a rare example of a...
11 March 2024
From: Breaking News
Foundation Home Loans has launched two HMO products for first-time landlords under its ‘Buy to Let by Foundation’ wrapper. Both are available...
11 March 2024
From: Breaking News
Homebuyer appetites for new-build properties have dipped. Demand dropped 1.1 per cent in the last quarter according to analysis by easyMoney of...
11 March 2024
From: Breaking News
The Intermediary Mortgage Lenders Association has given the thumbs down to the Budget of Chancellor Jeremy Hunt. The trade body was disappointed...
11 March 2024
From: Breaking News
The estate agents’ trade body has made the unexpected move of calling on banks to cut mortgage rates. Rates are typically decided...
06 March 2024
From: Breaking News
A building society has launched a pilot project banning mortgage lending on holiday lets in two tourist areas for 12 months. Leeds...
06 March 2024
From: Breaking News
The chief executive of a specialist business bank has paid tribute to the ‘amazing work’ carried out by its broker network. Gary...
06 March 2024
From: Breaking News
Last week Halifax - previously an outlier amongst major lenders - announced it was raising rates, following the likes of Santander,...
04 March 2024
From: Breaking News
The buy to let mortgage sector has seen fixed rates fall to their lowest point since September 2022, according to analysis...
04 March 2024
From: Breaking News
Hodge has made significant changes to its 50+, Retirement Interest Only (RIO) and Holiday Let Mortgage property criteria. The updates include the...
04 March 2024
From: Breaking News
The Financial Conduct Authority is working with 12 lenders and administrators to probe the interest-only mortgage market. The number of IO and...
28 February 2024
From: Breaking News
A survey of 2,000 adults by lender Together sheds light on parental help for first time buyers. It shows that a fifth...
28 February 2024
From: Breaking News
Downsizers across England and Wales could unlock an average £305,090 by moving from a four bed to a two bed home,...
28 February 2024
From: Breaking News
Some 42 per cent of regulated firms are reporting a rise in financial crime attempts, while more than a quarter say...
28 February 2024
From: Breaking News
Remortgagers, not buyers, are fuelling the increase in mortgage industry activity. That’s the view of Octane Capital following an analysis of Bank...
28 February 2024
From: Breaking News
Halifax moved entirely in the opposite direction to its rivals at the very end of last week, cutting rates instead of...
26 February 2024
From: Breaking News
The true cost of stamp duty is two thirds greater than the tax itself because it obliges buyers to spend far...
26 February 2024
From: Breaking News
Tom Davies has started with Leaders Romans Group as the company’s first group financial services managing director. This new position coincides with...
26 February 2024
From: Breaking News
There were 29,060 new mortgages taken out by older borrowers over 55 in the last three months of 2023 - down...
26 February 2024
From: Breaking News
A property agency has analysed the lending and housing markets to work out why so many mortgage applicants are couples. Benham and...
21 February 2024
From: Breaking News
A unique system of returning rent to tenants to allow them to save for a deposit on a property has been...
21 February 2024
From: Breaking News
There’s been a surge in enthusiasm for energy efficient homes according to research from heat pump advocates OVO. It says that a...
21 February 2024
From: Breaking News
A specialist lender claims that first-time buyers could see annual mortgage costs climb by £398 per year, while landlords suffer a...
21 February 2024
From: Breaking News
Diverse views have emerged from financial services figures in response to last week’s news that the headline rate of inflation remained...
21 February 2024
From: Breaking News
NatWest has made changes to its product ranges for both new business and existing customers. New borrowers can expect a rate increase...
19 February 2024
From: Breaking News
Nearly four in 10 portfolio landlords, those with four or more properties, plan to increase the size of their portfolios in...
19 February 2024
From: Breaking News
Average mortgage rates on the overall two- and five-year fixed rate deals have now been falling for six consecutive months. The overall...
19 February 2024
From: Breaking News
After reaching the milestone of £250m in 2022, specialist lender Cohort Capital increased originations by 60 per cent in 2023 to...
19 February 2024
From: Breaking News
The latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association reveals that confidence has returned to the mortgage market,...
14 February 2024
From: Breaking News
There were 12,000 first time buyers over the age of 50 in the UK in 2022, the latest figures available. This means that...
14 February 2024
From: Breaking News
High street bank Virgin Money UK says there is light at the end of the tunnel for mortgages and the housing...
14 February 2024
From: Breaking News
By Jonathan Samuels, chief executive of specialist property lender Octane Capital, writes: The Bank of England’s decision to hold interest rates on...
14 February 2024
From: Breaking News
There’s been widespread speculation that the UK is just weeks away from seeing the launch of a Dutch mortgage product with...
12 February 2024
From: Breaking News
Unbiased, a platform for connecting with prospective clients, has slashed charges it imposes on mortgage advisers for a second consecutive month. Unbiased...
12 February 2024
From: Breaking News
UK Finance says there were 93,680 homeowner mortgages in arrears of 2.5 per cent or more of the outstanding balance in...
12 February 2024
From: Breaking News
It’s taken six months but LSL Property Services has announced that its acquisition of TenetLime is now complete. At the end of...
12 February 2024
From: Breaking News
Global intelligence company Pepper Advantage, which has a portfolio of over 100,000 UK residential mortgages, says there’s been a dramatic increase...
07 February 2024
From: Breaking News
FinTech supplier Mortgage Brain has partnered with HSBC UK to host a free online masterclass on self-employed lending. Taking place on February...
07 February 2024
From: Breaking News
There are clear signs the commercial property market is adjusting to today’s high interest rate environment according to specialist lender Together. Its...
05 February 2024
From: Breaking News
The number of mortgages offered to home buyers went up from 49,300 in November to 50,500 in December, against the normal...
05 February 2024
From: Breaking News
The vast majority of high net worth individuals have faced mortgage rejections and had to accept lower loan-to-value ratios than they...
05 February 2024
From: Breaking News
Almost two thirds of first time buyers mortgage completions are in joint names (with two or more people), according to the...
05 February 2024
From: Breaking News
New research indicates that the Bank of Mum and Dad may not be as prevalent as it once was, with the...
31 January 2024
From: Breaking News
Just under half of mortgage brokers expect to place more limited company buy-to-let business throughout the next 12 months, Paragon Bank...
31 January 2024
From: Breaking News
Respected estate agency and property consultancy Savills is warning that house prices may dip in 2024. In the run-up to Christmas it...
31 January 2024
From: Breaking News
The UK's largest building society has slashed its cheapest mortgage rate to an eight-month low and significantly under the Bank of...
29 January 2024
From: Breaking News
London estate agency Foxtons says its latest survey shows a major uptick in the confidence of potential sellers. While 38 per cent...
29 January 2024
From: Breaking News
New research from Aldermore suggests that some 55 per cent of prospective first time buyers are currently seeking to raise a...
29 January 2024
From: Breaking News
The number of mortgages with over 30-year terms sold to UK borrowers jumped 13 per cent in the year to end...