Archive

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

The majority of buyers and sellers in the prime housing market will not be deterred by the upcoming General Election, claims...

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

The average shelf-life of a mortgage product is just 15 days, with lenders increasing fixed rates, says Moneyfacts. Average mortgage rates on...

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

At the middle of last week Nationwide slashed its rates to the most competitive of all in the current lenders price...

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

Banks are reporting that default rates increased in the final quarter of 2023, albeit more slowly than the quarter before -...

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

Monthly interest costs have surged by 283 per cent since 2021 for landlords using interest-only mortgages, research shows. Octane Capital compared rates...

Some 20 per cent of first time buyers are snapping up mortgages of 35 years or more according to UK Finance. In...

The Nationwide wants greater government support for first-time buyers as rising costs delay owning a home. As one of the UK’s biggest...

Just Refer, a new referral portal for national brokerage Just Mortgages and financial services arm Just Wealth, has supported brokers in...

Moneyfacts is reporting that there’s what it calls a “thriving choice” of mortgage options.  Its latest UK Mortgage Trends Treasury Report shows the number...

PriceHubble, a supplier of data solutions for real estate and finance, has acquired WhenFresh, delivering data and decision engines to banks,...

A host of lenders have announced cuts to their rates in recent days, with Halifax arguably the most significant. It’s launched three-year...

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...

Brokers are warning that dramatic council ‘effective bankruptcies’ will increase local residents’ tax bills and so hurt mortgage affordability. This follows the...

Mortgage arrears in the UK jumped by almost a third between April and June compared with the same period last year,...

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

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

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

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

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

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

Mortgage interest rates increased by 2.56% in 2022, with a sharp increase from 1.51% in January to a record 4.07% on...

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

Capricorn Financial Consultancy has released its market expectations for 2023, predicting that the UK mortgage market will have to acclimatise to...

Estate agent comparison site, GetAgent.co.uk, has revealed which postcodes estate agents with the highest turnovers reside. Registered property transactions over 3 months, the...

Luxury asset short-term lender, Suros Capital, has reportedly been seeing an increase in buoyant new business with its loan book now...

Inflation has been a hot topic and research from London lettings and estate agent, Benham and Reeves, has revealed just what...

Amidst the soaring cost-of-living research by Warwick Estates reveals that homebuyers could save £1,200 a year by purchasing a new-build home...

The Commonwealth Games begin this week and will be hosted in Birmingham. Sprinters, swimmers, and more sporting sensations will take part...

This week’s mortgage roundup involves a month of firsts and milestones, with Proportunity and BuildLoan launching UK-first products for buyers. Meanwhile,...

In the UK, homeownership remains one of the main aspirations for young adults and families who envision climbing the property ladder...

Throughout the years the government has pledged to deliver new homes to make more affordable properties available to the public.  New build-...

This week’s roundup takes a look at the latest in the mortgage market, from L&G’s latest addition to its lender panel...

Self-employed individuals are twice as likely to be rejected for a mortgage, a new report from The Mortgage Lender (TML) shows. Its...

The long-awaited Crossrail line is finally set to launch on 24 May 2022. It will connect the east and west of...

Often, we are sold the dream of settling down with a partner and purchasing our dream house together – but, what...

Stipendum, the platform that aims to simplify life’s complex events, has released a number of top tips to help the nation’s...

The Mortgage Industry Mental Health Charter (MIMHC) has confirmed a target of 200-plus signatories by the end of 2022. Speaking during a...

New research by property development optimisation platform, Unlatch, has discovered that some areas of the UK are still feeling the effects...

As far as the UK Government is concerned, the threat from COVID is over. In its wake, a new battle, the...

Locations with homes surrounded by trees and greenery were analysed by Barrows and Forrester. The findings show that these locations have...

This week’s mortgage roundup is all about simplifying the homebuying journey, with a new partnership formed to streamline the buying process and...

The latest Nationwide house price index, released yesterday morning, reveals that January has seen the strongest start to the year since...

2021 proved to be one of the most hectic years to buy and sell a home. We witnessed prices soaring to...

A study by MoveStreets, the property portal designed for the mobile generation, has uncovered how much current home sellers are likely...

A webinar poll conducted by Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, has revealed...

Most people are willing to pay a ‘certainty premium’ of £1,200 per year for a long-term guarantee of fixed mortgage repayments,...

New data has found that 89% of mortgage advisers believe first-time buyers need more education on purchasing a property and what...

As furlough support has begun to phase away from July 1 2021, there is still concern that this could lead to...

According to new research from the homebuying platform, YesHomebuyers,  the majority of UK homeowners spend between £500 to £1,500 a year on...

West One Loans’ buy-to-let (BTL) division has released new products to meet increased demand in the market. The raft of new product...

Equity release lender, more2life, revealed that the number of advisers who attended its 2021 Later Life Lending Symposium was 151% higher than...

Mortgage technology provider Twenty7Tec has completed an APPLY integration with Accord. The move will enable users of CloudTwenty7 to seamlessly submit applications...

An equity release advisory is reflecting on the shifts in equity release usage and behaviour in the first quarter of 2021. Research...

The Equity Release Council (the Council) has launched a member endorsement mark as part of a brand refresh that reflects the...

Newbury Building Society has introduced a GoGreen Reward incentive to its self-build mortgage to encourage homebuilders to make conscious sustainable choices. The...

Savings made during lockdown have allowed some borrowers to reduce their debt commitments, with a record £17.6 billion of mortgages repaid...

The total value of new mortgages set to be handed out in the coming months reached its highest level since 2007...

Older homeowners gifted an average of £42,500 to younger relatives to help them get on the property ladder in 2020, new...

The cost of borrowing for low-deposit borrowers has increased across all mortgage types over the last year, new data from Mortgage...

Mortgages have not typically been viewed as a high-risk service when it comes to money laundering, but as the practice becomes...

SmartSearch, the leading UK anti-money-laundering (AML) firm, has recorded its busiest ever month in September, with record revenues, profits and number...

Specialist development lender Puma Property Finance has bolstered its nationwide presence with the relocation of one of its managers, Paul Murphy,...

Equity release advisory firm Key has strengthened its estate planning team with the hire of Andrew Parkinson as head of sales...

Knowledge Bank, a market-leading criteria search system, is expanding with the appointment of three new roles. An increasing number of mortgage brokers...

Mark Lofthouse, chief executive officer at Mortgage Brain, is due to retire in 2021 after 19 years in the company. Since joining...

Pure Retirement has started the new year by making changes to its heritage range criteria, aiming to give consumers more choice...

Brilliant Solutions has teamed up with Knowledge Bank as its exclusive criteria search provider. Members of Brilliant Solutions – which helps brokers...

‘Interest-only loans’ have maintained their place in the top five most searched-for criteria in August after making their very first appearance...

Interest-only mortgages comprised 20% of new business introduced in Q2 2019, down from 28% is Q2 2007 but significantly higher than...

Equity release referral business Key Partnerships has released a new report – ‘Introducing the Introducers’ – to celebrate its brand refresh. The...

Specialist buy-to-let lender Landbay has agreed a £1 billion deal to bolster its mortgage lending. The funding – which is from a...

The Right Mortgage & Protection Network held its largest bi-annual event on how members can use marketing effectively to grow their...

More customers than ever are opting for an initial fixed period of five years or more when choosing a mortgage, according...

Asset management specialist Spicerhaart Corporate Sales has joined forces with fact-finding experts Excel and UK law firm TLT to create an...

Over-55s now make up nearly 200,000 owner occupier housing transactions in England each year, according to the latest study from the...

LendInvest has secured funding of up to £200 million from HSBC UK to bring further capital to its platform. With this new...

The number of landlords looking to remortgage has now reached an all-time high, according to a survey by Paragon. Its Financial Adviser...

Almost one third of landlords say they would be less likely to purchase new rental property if compulsory or default three-year...

Mortgage intermediaries play an important role in encouraging customers to weigh their options before securing a better deal, according to Paragon. Its...

Legal & General Home Finance has announced a new 5-year partnership agreement with Virgin Money. The alliance will see the retirement lender...

The proportion of homeowners selling up increased in May, as sellers tried to secure offers before the housing market’s typical summer...

A growing group of over-55s are using lifetime mortgages to fund property moves to more expensive homes, a study from OneFamily...

Shawbrook Bank has appointed Phill Tyson as head of credit, residential lending – further strengthening its residential mortgage team. Having been with...

Half a million households would be at risk of negative equity if there was a drop in the average UK house...

Together has announced partnerships with mortgage club SimplyBiz Mortgages and broker network Personal Touch. SimplyBiz Mortgages – which was founded in 2002...

Specialist lender Accord Mortgages has launched interest only repayment options to its residential mortgage range. New borrowers seeking up to 75% loan-to-value...

The Mortgage Alliance (TMA) has announced the launch of its Base Rate Hub for its advisers following the recent base rate...

The value of specialist mortgage lenders’ annual lending has increased 19% per year since 2009, according to a new report from...

Half of BTL brokers still unware of upcoming PRA changes Just over half (54%) of brokers believe that they fully understand what...

New data from mortgage lender, Vida Homeloans, found more first-time buyers are seeking lenders for deals that cater to their needs...

First-time buyers accounted for half of all home purchase valuations in July, according to the latest research from Connells Survey &...

The Association of Short Term Lenders has announced the first two speakers - Lorna O’Brien of the Financial Conduct Authority (FCA)...

The number of mortgages in arrears has declined in the second quarter (Q2) of this year, being the lowest level since...

Research from Lloyds Bank Private Banking shows that the total household wealth in the UK reached an estimated £10.5 trillion in...

Legal & General has announced its development of Inspired Villages Group, an operator of later living accommodation which formed out of...