Archive

The time it takes to sell a home across UK cities has hit a three-year high, according to Zoopla. Its September UK...

The number of property purchases supported by Help to Buy ISAs increased by 8% this year, rising from 82,940 in 2017/18...

Bridging loan interest rates fell to the lowest level in Q1 2019, according to the latest data from Bridging Trends. It found...

Who are you? I’m the Director of Sales for both the well-known industry leading Today publications and The ValPal Network. Leading publications: Estate Agent Today,...

HLPartnership (HLP) and Mortgage Support Network (MSN) have announced that 360’s suite of marketing modules – normally paid for extras –...

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

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

Commercial Trust Limited is urging landlords to speak with specialist buy-to-let mortgage broker firms as many are considering remortgaging options once...

The Intermediary Mortgage Lenders Association (IMLA) has announced the election of a new Chair. Phil Rickards will take up the role from...

The number of first-time buyers and buyers of investment properties has fallen in the last two years, My Home Move say. First-time...

The latest property renovation hotspots list revealed that Barking and Dagenham is the top location for an increase in renovation applications...

The annual results published by Hinckley & Rugby Building Society has revealed robust growth in its mortgage lending and savings balances.  In...

Connells Group's mortgage division recorded significant growth in 2016, the firm has reported. The Group recorded a 10% rise in the number...

High-street bank HSBC has appointed Jackie Uhi as its new head of mortgage distribution. Uhi has spent the last six years working...

An announcement has been made by Legal & General Mortgage Club about the extension of its partnership with Ipswich Building Society.  To...

An online mortgage broker has announced that it has received backing from fintech investors all over Europe to the tune of...

Average buy-to-let loans and deposits increased in 2016, new research from The Mortgage Broker Ltd has revealed. This came as a result...

Annual house price growth slowed in October, according to the latest Nationwide House Price Index. It fell from 5.3% in September...

The latest quarterly data analysis from Mortgage Brain shows that the cost of mortgages continued to fall over the past three...

Self-employed borrowers are finding it difficult to get mortgages, according to research by the Nottingham Building Society. The firm's study found that...

New research carried out by Legal & General has revealed that brokers in Scotland are more confident about the future of...

Skipton Building Society has removed its maximum loan size cap for first-time buyers. It said this follows a 20% increase in UK house...

Buy-to-let investors have started selling off properties as Chancellor George Osborne's tax crackdown begins to bite. Demand is also likely to fall...

Remortgage lending leapt 48% by value in the year to April to hit £6.4 billion, the largest sum recorded since November...

Paragon Mortgages has almost doubled its buy-to-let lending in just six months. New buy-to-let lending hit £823.6 million for six months to...

Fewer homeowners are remortgaging to increase the size of their loan, with less than a quarter doing so in April. However, the...

Buy-to-let mortgage sales surged by 163% in the year to March as landlords raced to beat the new stamp duty surcharge...

Demand for UK property has dipped for the first time in 12 months in the latest sign of housing market weakness. However,...

Investors remain positive about the prospects for buy-to-let despite the new stamp duty charge and forthcoming crackdown on mortgage tax relief. The latest...

Almost three out of 10 property purchases have fallen through in the past five years, largely due to conveyancers holding up...

The surging remortgaging sector has helped to offset April's seasonal housing market slowdown, new figures show. Total valuations carried out in April rose...

A new report from Halifax has found that delays in getting on to the property ladder could force many people to...

First-time buyer activity grew strongly in March as they fought back against property investors. Total first-time buyer transactions 32,500, the highest monthly...

The supply of rental properties plunged in the run-up to the new stamp duty surcharge on 1 April and further falls are...

The number of landlords planning to buy a new buy-to-let property has dropped by a third since the stamp duty surcharge...

The average amount of equity withdrawn through remortgaging has hit a new high with borrowers taking out £31,887 on average. This is...

March saw a significant slump in buy-to-let activity with sales falling 26.2% compared to February. The fall of £1.04 billion came despite an expected last-minute...

Buy-to-let landlords have announced a new summit as part of their crowdfunding campaign to abolish the Chancellor George Osborne's tax grab. The...

April 19 is UK Mortgage Freedom Day, the date when the average new borrower will have earned enough to pay off...

Single first-time buyers and couples can significantly cut the time it takes to save for a deposit by moving back in...

The number of buy-to-let mortgages available to borrowers has increased significantly due to a surge in deals aimed at limited company borrowers. Average...

House price inflation has hit double digits for the first time in almost two years with prices rising more than £20,000 in the...

The last day of March saw record-breaking property completions as investors rushed to beat the beat stamp duty tax hike. UK mover...

Leeds Building Society has eased its interest-only criteria and will now accept sale of property as a repayment strategy up to...

Mortgage rates have fallen to record lows as the prospect of an interest rate hike retreats and product choice continues to...

Lloyds Bank and Halifax are offering customers the chance to speak "face-to-face" with a mortgage adviser by video link. They can talk to...

The cost of the average private tenancy in Greater London is now £1,521 a month, double the £744 average for the...

February saw the second highest monthly total of house purchase approvals since January 2014 as buy-to-let investors raced to meet April's...

The rapid growth of the buy-to-let market during 2015 has come at the expense of first-time buyers, new research shows. Buy-to-let grew...

House purchase values rose 20% in the final quarter of 2015 yet there was also a worrying drop in higher-LTV lending. The...

Gross bridging lending burst through the £3.5 billion barrier in 2015, against £2.42 billion last year. This means the sector grew almost 44%...

Two new sets of figures show house prices continue to power upwards but property experts warn a slowdown could be in sight. The...

The supply of available housing has plunged to a new low while demand from buyers has surged in recent weeks. Housing supply...

Kent Reliance has launched a new mortgage proposition for one-year self-employed professionals. The specialist mortgage lender for intermediaries bolstered its proposition for...

New evidence suggests that only high-earning first-time buyers are able to afford their first properties, leaving the rest behind. The gap between...

Homes priced below £1 million are set to become extinct in Mayfair and the wider West End as prices continue to...

Property experts have welcomed steady growth in private rents as a sign that the buy-to-let market is shrugging off the Government's tax...

Connells Survey & Valuation has announced a new valuations partnership with Precise Mortgages.  The partnership involves Precise outsourcing its residential survey and...

The Brexit referendum is adding to housing market uncertainty which has seen a 2% drop in sales in major UK cities,...

Two-fifths of UK workers earned less than the increase in the average UK home’s value last year, new research shows. House prices...

Almost one in three "millennials" still with live with their families and almost one in 10 say they will never own a...

The ability to buy an average home in England and Wales improved everywhere last year except in the South East. First-time buyers...

Building society mortgage approvals totalled £57.8 billion in 2015, a rise of 10% by value over the year. The mutual sector now...

Time is running out to escape the stamp duty surcharge on buy-to-let properties and second homes and the cost of failure is...

The price of property coming to market has leapt by 2.90% this month pushing the average asking price to within a...

Chancellor George Osborne's stamp duty changes saved homemovers more than £4,500 on average last year, new figures show. The Chancellor cut stamp...

Legal & General Mortgage Club has posted 15% sales growth to make 2015 another record year. It pinned its £46 billion of sales...

The housing market has been given a one-off boost from the surge in buy-to-let lending triggered by April’s tax changes. New figures show that...

Chancellor George Osborne's stamp duty reforms are proving expensive for the Treasury wiping £620 million off its revenues last year, new figures...

Nationwide Building Society has announced the first mortgage completion by its Help to Buy Isa savers. Savers are free to claim the minimum...

First-time buyers staged a fighting comeback in 2015 to make up more than two-fifths of all buyers, new figures show. Last year,...

More than 700 buy-to-let landlords are set to challenge the government's "Alice in Wonderland tax grab" in court. The legal campaign to fight...

New figures show the housing market defying the traditional seasonal slowdown in December as mortgage approvals hit a two-year high. The number of...

The supply of available housing has almost halved in 10 years while the number of buyers has steadily risen. This growing imbalance between...

First-time buyer numbers fell nearly 5% in December as the traditional winter cooling hit the UK property market. Some 26,600 buyers took...

Monthly mortgage approvals soared 24% year-on-year to £12.4 billion in December but brokers deny lending is getting out of control. Across 2015,...

Interest rate cuts following the financial crisis have reduced annual mortgage costs by more than £22 billion, new figures show. The 4.5 percentage...

Lenders shrugged off rumours of a base rate hike and continued to cut mortgage rates at the end of last year. Fixed...

The average UK homeowner made £524 a week from the rising value of their property last year. UK homes made their owners...

Buy-to-let rents rose by 3.4% during 2015 at the fastest pace since 2011, new figures show. The average UK rent is now...

Gross mortgage lending jumped 8% in 2015 to hit a better-than-forecast total of £220.3 billion. Lending in December totalled £19.9 billion, up 23% on...

Market confidence among intermediaries is at a record high due to rising prices, strong remortgage demand and healthy lender funding. The only...

New figures show that 90% LTV mortgages are cheaper than three months ago as rates continue to fall. A two-year fixed rate mortgage...

Average UK rents climbed 3.8% in 2015, twice as fast as wages, new research shows. This was largely down to the housing...

A steep rise in debt since last summer 2015 has put more households under financial pressure, new research shows. Income and saving...

NatWest has been voted the best overall lender for 2015 in the Paradigm Mortgage Services awards. Virgin Money won the award for...

First Complete has started its series of country-wide roadshows which aim to encourage brokers to develop and share best practice. Its “kick...

The number of first-time buyers topped 300,000 in 2015 for the second year in a row, new figures show. This is a...

The number of investors purchasing buy-to-let properties through a limited company rose sharply in the final quarter of 2015, new figures...

A growing number of tenants are now seriously behind on their rent, new figures show. The number who were more than two...

The besieged buy-to-let sector has enjoyed a rare piece of good news as a new study says landlords are displaying "considerable financial...

Buy-to-let landlords could sell off hundreds of thousands of investment properties over the next five years in response to Chancellor George Osborne's tax...

The number of first-time buyers rose by almost a quarter in 2015 despite growing fears that they are being squeezed out...

2015 will be remembered as the year time mortgage price war reached "boiling point", as lenders battled for borrowers. The result was...

Higher stamp duty on £1 million plus properties has hit growth in prime central London and pushed it to the fringes...

House price inflation in UK cities hit 10% in 2015 led by London, where the average property jumped 13.3% to £52,900. Buyers need...

The 2015 series of Mortgage Vision events saw a 23% jump in broker attendance to the highest level in the event’s...

The Treasury has launched a consultation on giving the Bank of England more powers to control buy-to-let and could introduce new lending...

More than 200 Britons are becoming property millionaires every single day taking the total to more than 600,000. There were 75,796 new British...

The property market is set for a strong finish to 2015 after a healthy 8% rise in house purchase lending in...

The crackdown on buy-to-let has already begun as banks voluntarily tighten their lending rules ahead of official action. Bank of England governor Mark...

The housing market is set for its strongest December since 2006 and next year should be equally buoyant, according to Rightmove. Asking...

Buy-to-let is in the line of fire again with reports that officials at the Basel Committee are looking to get tough on...

First-time buyer activity jumped in November with a 31% year-on-year rise in valuations. This was slightly higher than the increasing overall housing...

More than 7,000 Nationwide Building Society customers opened Help to Buy Isa accounts in the first week. Some have already applied for Nationwide’s Save to...

The mortgage market is enjoying a buoyant end to 2015 as two new sets of figures published yesterday show continuing strong...

The Bridgebank Capital Group has in recent weeks completed near on £35 million of loan advances, primarily as a result of...

The buy-to-let market remains in good health ahead of Chancellor George Osborne's tax crackdown, with stable yields and strong tenant demand. Four...

House price growth will slow in 2016 as buyers struggle to get on the housing ladder and interest rates potentially rise,...

The number of home repossessions fell 45% across England and Wales over the last year as the economy recovered. The gap between...

Chancellor George Osborne isn't alone in launching an attack on buy-to-let, Bank of England governor Mark Carney is also muscling in on the act. Carney...

Two thirds of prospective homebuyers are likely to take advantage of the new Help to Buy Isa yet rates so far...

The new surcharge on stamp duty for buy-to-let and second homes is set to cause conveyancing “mayhem” next year. Broker Conveyancing has...

Santander has joined the growing list of banks and building societies that are announcing the rates on their Help to Buy...

Property market experts have warned that the forthcoming buy-to-let surcharge on stamp duty will trigger a shortlived scramble for property in...

New Land Registry figures showed house prices in England and Wales rising a healthy 5.6% in the year to October, taking...

Mortgage experts have warned that Chancellor George Osborne's latest assault on buy-to-let could trigger a housing market "boom and bust". The surcharge was...

Life remains tough for first-time buyers with a shock fall in completions in the three months to October. The new figures underline the...

Buy-to-let landlords have yet to wake up to the danger posed by Chancellor George Osborne's forthcoming tax crackdown. Investment experts have warned...

Mortgage brokers have until the end of the year to enter the ESTAS Mortgage Broker Awards for 2015. National and regional brokers...

Almost half of all customer enquiries to brokers ended in a mortgage completion in the third quarter of 2015. One in three customer...

Christmas has come early for the mortgage industry which is celebrating the highest monthly lending figure for more than seven years. Gross mortgage lending...

Specialist intermediary lender Kensington enjoyed a record month for lending in October with applications up 50% year-on-year. Applications rose 60% by value compared to...

UK house prices increased by 6.1% in the year to September 2015 with London and the South once again leading the...

Demand for buy-to-let is set to soar with each new generation while home ownership will continue to plunge. Fewer than half of those born in...

New figures show that the UK tax rate on buy-to-let investments is already higher than in many other countries, even before Chancellor George...

Chancellor George Osborne is under attack by critics who claim his recent stamp duty overhaul which has hit property sales and slashed revenues from...

The mortgage industry faces months or years of the increasingly tiresome "will they, won't they" interest rate hike game after a...

London is on track to be in a house price bubble by 2017, new research suggests. The latest alarm call about the...

Landlords seem to be under attack from all sides of the political divide, as Chancellor George Osborne buy-to-let tax crackdown proceeds...

The average London house price has leapt 9.6% in a year to £499,997 as the capital's market springs back to life. This reverses the recent...

Equity release has posted the biggest quarterly rise for 11 years as over-55s withdraw a record £5 million of housing wealth...

There has been a sharp fall in sales of million pound houses as the top end of the property market continues...

There is further evidence of a slowdown at the top of the market as the pace of house price growth in...

Mortgage lending is enjoying its best spell for seven years after surging 12% year-on-year to £61.4 billion in the third quarter. The...

Halifax is offering first-time buyers and homemovers a £500 giftcard to spend in Currys and PC World. The offer is available to...

The annual cost of home ownership is now £15,300 and is expected to rise sharply in future, according to new research...

Just 12% of UK adults believe access to mortgages has improved in the past five years, despite recent moves to open...

UK housing market activity climbed to its highest level for six months in September. The total number of property valuations was also the...

Confidence among buy-to-let landlords remains high despite the threat of new taxes and tough regulatory changes. The latest survey from Paragon Mortgages shows...

More lenders have unveiled mortgage rate cuts as they look to boost business levels in the final months of 2015. Chelsea Building...

Price growth in prime central London looks set to slow further as the property market faces a number of headwinds. Knight Frank has cut...

Mortgage brokers could see business levels decline as the prospect of an early base rate hike recedes. Fears that the Bank of...

More lenders are announced cut-price mortgage deals just days after predictions that the market was heading for a new price war. Tesco...

Nationwide has announced a string of cuts to its fixed-rate range just one day after analysts warned of yet another mortgage price...

Two new sets of figures published today show that September was another buoyant month for the housing market. There was a 20% year-on-year...

The cost of fixed rate mortgages is set to plummet as lenders rush to meet 2015 lending targets. London estate agent Portico.com...

Property letting is becoming a "legal minefield" as new legislation tips the balance of power against landlords, lenders have warned. New legislation has come...

The number of mortgages for £1million or more has jumped by one-fifth in the last year. The sharp increase has been driven...

A new report from the Bank of England shows that approvals of loans for house purchases hit a 2015 high in...

Figures published yesterday by Nationwide Building Society show the widening gap between in property values in London and the South-east and...

There are now more than 15,000 mortgage products available in the UK, the highest level recorded since the financial crisis of...

The amount of money withdrawn by the typical remortgage customer has hit a new high, according to property service firm LMS. In...

First-time buyers enjoy their strongest summer on record as sales picked up 25% in the aftermath of the general election. There were...

Buy-to-let sales through intermediaries have soared over the last year as the sector continues to boom. Sales in August 2015 were up...

Residential housing market activity defied the summer slowdown to post strong growth in August. The latest HMRC Property Transactions figures for August 2015...

The impact of the Mortgage Credit Directive (MCD) on brokers will take centre stage at this year’s series of Mortgage Vision...

Nationwide and The Co-operative Bank are the latest lenders to join in the recent bout of mortgage rate cutting. This follows a flurry...

UK house prices rose by 5.2% over the last year helped by the return of the first-time buyer. The annual pace of...

Santander has announced that it will lend at 95% loan-to-value outside of the Government’s Help to Buy mortgage guarantee scheme. The scheme...

The rental market is still booming with rents rising by 10.5% over the last year, although the rate of growth has...

House prices now cost six times income even in the most affordable regions of England and Wales as the affordability crisis worsens. In...

Five-year fixed rates are the latest mortgage battleground with HSBC and Leeds Building Society both launching market-leading rates. This shows that lenders...

One in five landlords say they will be forced out of business in the next two years by Chancellor George Osborne's...

Landlords with standard buy-to-let properties will lose money when interest rates start rising, new research shows. This would be a double blow...

NatWest Intermediary Solutions will be increasing its mortgage rates by up to 14 basis points (bps) amid signs that rates are...

Tax specialists have urged buy-to-let landlords affected by Chancellor George Osborne’s tax crackdown to act now to ensure their sums still...

The Bank of Scotland attracted more complaints than any other mortgage lender in the first half of the year, just as...

The cost of buying a home for first-time buyers is £670 a year lower than renting, according to new research by...

Residential property transactions fell by 4% between June and July, according to new figures from HM Revenue & Customs. July's seasonally-adjusted figures...

Buy-to-let landlords are gearing up to offload their properties after waking up to the impact of Chancellor George Osborne's recent tax...

The National Association of Commercial Finance Brokers (NACFB) is holding an interim conference to support the next set of changes that...

The Bank of England has dropped another hint that interest rates are set to rise with departing policy maker David Miles...

Building societies approved 189,000 mortgages in the first half of 2015, accounting for 29% of the total market. Societies also lent £26.4...

August has seen a spike in the number of mortgage deals as buyers look to snap up cheap loans before interest...

Repossession rates have fallen to another new low but brokers warn that will quickly reverse when interest rates finally start rising. Repossessions...

The number of home movers has fallen sharply over the past 12 months and is still far lower than before the financial crisis. But the...

Banks are set to launch a new clampdown on buy-to-let in a bid to stop the boom getting out of control. They are looking...

The Financial Conduct Authority (FCA) will discuss the impact of the EU Mortgage Credit Directive (MCD) on borrowers and brokers at...

New figures suggest that mortgage rates are continuing to fall despite growing expectations of a base rate hike. There was a further...

The average property in England and Wales cost a record 8.8 times local earnings last year, new official figures show. And it topped 10...

Chancellor George Osborne's crackdown on buy-to-let tax relief is set to curb lending and temper house price growth. Despite this short-term setback, 2015...

Property sales in prime central London property sales have been hit by stamp duty reforms with no sign of an immediate recovery. In...

Talk of an affordability crisis appears overblown as homes are now more affordable than in 1997, new research suggests. A combination of falling...

Mortgage rates continue to fall despite reports that lenders are already pulling their cheapest deals in advance of the first Bank...

Equity release lending has surged to an all-time high in the second quarter of this year. The £384.3 million of lending is...

Most landlords will remain loyal to buy-to-let despite Chancellor George Osborne's crackdown on tax relief in his recent Budget. Osborne limited tax relief...

The Treasury has recently proposed that a new type of Isa will be launched that’s dedicated solely to peer-to-peer funding. This is...

Lenders have started to withdraw their best mortgage deals in advance of the anticipated hike in base rates, threatening rising costs across the...

The price of average British home leapt by more than £7,000 in the first half of this year to hit £270,674. That...

Remortgage customers are withdrawing record amounts of equity despite the threat that rising base rates will force up mortgage costs. Borrowers have...

The Bank of England could be handed new powers to restrict buy-to-let lending and curb the property boom. Chancellor George Osborne is...

While the London housing market drove UK growth in 2014, the capital should underperform the rest of the country this year,...

Chelsea continue to top the Property Premier League despite a recent drop in form, new figures suggest. The average property price in the SW6...

The amount of money generated by equity release deals in the first half of 2015 rose by almost a fifth according...

House prices in the UK climbed solidly in May as a result of the certainty provided by the General Election result,...

Demand for mortgage lending has risen to its highest level since the end of 2013, new figures from the Bank of...

First-time buyers accounted for nearly half of all mortgage-financed house purchases in the first half of this year. New figures from Halifax show they...

Mortgage distributor 3mc has reported strong growth during the first half of 2015 with significant gains in new broker registrations, mortgage enquiries,...

Buy-to-let investors remain optimistic about the future as tenant demand continues to rise. New research by specialist buy-to-let lender Paragon Mortgages reveals continued...

The number of remortgages grew strongly in May as homeowners took advantage of rising house prices and the lender price war...

Brokers have welcomed new official figures showing that house prices in England and Wales are within a whisker of their all-time high. House...

The ESTAS are more than the biggest and most prestigious awards in the industry. They are a management information service, marketing...

The British Bankers’ Association is working on a project that ensures small businesses won’t be left out in the cold. Banks will...

The private story behind public relations. When the NACFB’s members look back at how we’ve focused so much on the press, and...

Excellent buying conditions have lured Britons back into the overseas property market this year, with bargain property prices and historically low...

Recent research has revealed that more than half of landlords are looking to expand their property portfolio in 2015. This is...

Paradigm Mortgage Services has announced the launch of two new Marsden Building Society buy-to-let products, available exclusively to its members. These are...

Bridging lending has seen rapid growth while the mainstream mortgage market has contracted, new figures suggest. Annual gross bridging grew 35% in year...

Legal & General has announced ambitious plans to become a leading provider of lifetime mortgages. The insurer has launched its own-branded Lifetime...

Brokers confidence has steadily recovered in the wake of the Mortgage Market Review (MMR) and is nearing an all-time high. The number of...

TMA is kicking off this year’s round of business conferences for directly authorised (DA) advisers.  The five conferences will take place in...

Record low interest rates couldn't prevent a decline in lending and house prices in April. UK house prices increased by 5.5% in...

Rent prices are now rising in every region of the UK, while the pace of growth in London has picked up...

Watch the latest weekly video roundup of news from Estate Agent Today and Letting Agent Today, featuring stories on the CMA's...

The number of buy-to-let products on the market has hit a record high, although the pace of growth has slowed lately. There...

The property market shrugged off pre-election jitters to jump 1% in April, according to Nationwide. Experts say the housing market is now "a...

Buy-to-let lending grew at more than 12 times the pace of the residential market in the first quarter of this year. While buy-to-let...

Almost one in three new buy-to-let mortgages have initial terms lasting at least five years as intermediaries place more longer-term business. Fixed...