Archive

An analysis of government house price data by business consultancy Hargreaves Lansdown suggests the typical mortgage term for a first time...

A new report reveals the latest trends  in UK lending and borrowing, compiled by lending software company Lenvi. The most notable trends include...

Lloyds Banking Group, Nationwide, NatWest - along with Rightmove - have announced a strategic investment in Coadjute, a prominent PropTech business. This...

Fall throughs are costing sellers some £909m a year - and that’s even on recent muted sales figures. Home Sale Pack has...

Monthly payments on some 123,000 home loan accounts were cut in the first eight months of the government’s Mortgage Charter.   The...

Almost half (45%) of UK homebuyers would consider using an ethical finance provider that follows Islamic principles, finds Gatehouse Bank. Gatehouse Bank,...

Shared ownership has failed to deliver an affordable route to home ownership for too many and for too long, says a...

A property software business says its research shows that the housing market revival is driven by the premiums levied on new...

Recent economic data was reassuringly predictable. We learned that core inflation fell by fractionally more than expected while services inflation proved slightly...

A 2,000-person survey has revealed the diverse financial routes that first time buyers take to get on the property ladder. The survey...

The average volume of UK properties listed for sale month-on-month rose by 58% in 2023 compared to a year previously, underscoring...

Some of the biggest names in the trade, lending and advisory sectors have produced a report outlining the vast significance that...

The beleaguered construction sector - a good early indicator of later sales activity - has seen a welcome boost in some...

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...

Kent Reliance for Intermediaries - part of the OSB Group - has refreshed products across their residential, buy to let, and...

New Mortgage Lenders and Administrators statistics for Q4 2023 paint a very worrying picture of the mortgage market. That’s the view of...

Analysis from estate agency Yopa reveals that while the London market may be the worst performing in terms of house prices, it...

Kensington Mortgages has lowered rates and reduced arrangement fees across selected 90 and 95 per cent Loan To Value products. For its...

A new study has revealed the best and worst UK regions for first-time buyers based on house affordability and earning potential.  The...

The estate agents’ trade body has made the unexpected move of calling on banks to cut mortgage rates. Rates are typically decided...

Last week Halifax - previously an outlier amongst major lenders - announced it was raising rates, following the likes of Santander,...

Hodge has made significant changes to its 50+, Retirement Interest Only (RIO) and Holiday Let Mortgage property criteria. The updates include the...

There were 29,060 new mortgages taken out by older borrowers over 55 in the last three months of 2023 - down...

A specialist lender claims that first-time buyers could see annual mortgage costs climb by £398 per year, while landlords suffer a...

NatWest has made changes to its product ranges for both new business and existing customers. New borrowers can expect a rate increase...

Nearly four in 10 portfolio landlords, those with four or more properties, plan to increase the size of their portfolios in...

The latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association reveals that confidence has returned to the mortgage market,...

Unbiased, a platform for connecting with prospective clients, has slashed charges it imposes on mortgage advisers for a second consecutive month. Unbiased...

Global intelligence company Pepper Advantage, which has a portfolio of over 100,000 UK residential mortgages, says there’s been a dramatic increase...

The vast majority of high net worth individuals have faced mortgage rejections and had to accept lower loan-to-value ratios than they...

Almost two thirds of first time buyers mortgage completions are in joint names (with two or more people), according to the...

New research from Aldermore suggests that some 55 per cent of prospective first time buyers are currently seeking to raise a...

Lifetime mortgage fund usage continues to show a mixture of aspirational and needs-based borrowing, according to figures from lender Pure Retirement....

Shadow Chancellor Rachel Reeves says first time buyers could benefit from a "revolution in home ownership" with 25-year fixed-rate mortgages. Reeves says...

HM Land Registry says it’s working with mortgage lenders to ensure they will no longer need to chase conveyancers for updates...

The UK’s residential mortgage market has started 2024 with the biggest choice of products for prospective borrowers in over 15 years. A...

A regular financial resilience barometer from a leading consultancy shows that the debt position of the lowest fifth of earners has...

Property lender Together is holding its third webinar for brokers in its Chalk Live series, offering new educational content along with...

A high proportion of first time buyers take advantage of some form of assistance when purchasing their initial home. That’s the verdict...

A building society says it is considering ending its policy of lending to buyers of holiday lets. Martese Carton, the director of...

A property-focussed law firm claims it takes a whole working day to obtain a Mortgage In Principle and up to six...

Latest Bank of England data released in recent days shows net mortgage approvals for house purchases rose from 47,900 in October...

The number of Londoners leaving the capital to move elsewhere in Britain dropped back sharply in 2023, following two years of...

Crystal Specialist Finance has conducted its Annual Survey with over 10,000 brokers for the second year running. The point is to see...

UK Finance has published its housing and mortgage market forecasts for 2024 and 2025 together with projections for 2023 full year numbers. Key figures for 2023 In...

The Bank of England says there was £18.8 billion of mortgage borrowing in arrears in the third quarter of this year. That’s...

Many landlords say they’re set to expand investments in 2024 despite facing up to 80 per cent higher costs in the...

Cases of buy-to-let arrears have doubled in a single year, according to a new analysis. The research, from Octane Capital, analysed quarterly...

Homeowners are increasingly researching into mortgage repossessions online, signalling that many are worried about falling behind on their payments. The research by...

A new survey - going against the trend of other housing market studies - suggests that house prices could rise six...

Saga, the provider of products and services for the over-50s, has teamed up with digital broker Tembo to launch Saga Mortgages. The...

The 2023/24 Your Mortgage Awards’ ‘Best Buy to Let Mortgage Lender’ has been named. It’s The Mortgage Works, and this is not...

London accounts for the highest proportion of homebuyers using family inheritance to fund property purchases, according to compliance platform Thirdfort.  Some 18...

There’s been a 46 per cent increase in ‘for sale’ stock hitting the market as sellers look forward to a Boxing...

Lenders are offering more fixed deals with incentives since the start of last month - November - but analysis by Moneyfactscompare...

Online Mortgage Advisor has conducted a research by looking at how much property prices have outgrown local wages during the past...

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...

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...

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

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

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...

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...

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

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

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...

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...

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...

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

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

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

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...

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

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

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...

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

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

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

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...

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...

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

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

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

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

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

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

Research from eXp UK, the network of personal estate agents, has revealed that in 22 UK cities, house prices are continuing to...

Newcastle Building Society has reported record lendings for 2022 of £586 million. Significant support was provided to Members, clients, and colleagues during...

MPowered Mortgages, the fintech mortgage lender using AI to speed up and simplify the mortgage journey for homebuyers and re-mortgagers, has...

The Monetary Policy Committee of the Bank of England meets on Thursday with the market expecting them to announce 0.5% raise...