Archive

The lenders’ trade body, UK Finance, has published a report examining why some landlords are falling into mortgage arrears and why...

Paragon Bank is offering four new limited edition buy to let mortgages, with two products suitable for landlords with three or...

Landbay has announced a raft of rate reductions across its buy to let product range, with rates falling by as much...

A new lettings market index has been launched by the Skipton Group, parent company of Connells, the country’s largest lettings and...

Nationwide has joined a year-old campaign to speed up the home buying process through increased digitisation. The society has joined the Open...

NatWest has announced it will introduce new Airbnb-friendly mortgage terms that embrace home sharing via short lets. And now Airbnb wants...

New research suggests that last year cash buyers accounted for the highest percentage of market activity seen in the last decade...

The average age of landlords acquiring new rental property with a buy to let mortgage has fallen over the past decade,...

Half of all UK homes have increased in value in the first half of 2024 by 1% or more, says Zoopla. This...

Growing mortgage product choice shows growing confidence in aspects of the housing market, even before anticipated rate cuts. That’s the view of ...

An estate agency’s research shows a regional breakdown of how the first time buyer market could change if the new government...

UK lender Standard Life Home Finance has announced a new EPC scheme to encourage consumers to make their homes more sustainable.   Upon...

The latest residential sentiment survey from the Royal Institution of Chartered Surveyors suggests a currently-subdued housing market but with a more...

Virgin Money has launched The Retrofit Boost, a new mortgage product designed to help home owners improve their property’s energy efficiency. The...

Prime London demand climbed in Q2, reversing downward trend seen so far this year The latest Prime London Demand Index by lettings...

Estate agents’ body Propertymark has issued a report called ‘A Dickensian Legal Process’ exploring why it takes long and longer to...

One of the Bank of England monetary policy committee members has advised against a cut in base rate on August 1. Jonathan...

The availability of deals at 95% loan-to-value has risen to its highest point in over two years.  Overall, it was the fifth...

It appears that Metro Bank has resuscitated a plan to sell much of its mortgage book after being rescued from potential...

Brokers can look forward to a strong second half of 2024, according to an industry leader. Rob Jupp, group chief executive at...

Price growth in high-value prime areas has been put on hold given uncertainty surrounding the General Election, according to the latest...

Mortgage Brain’s Mortgage Vision roadshow is back this autumn. The mortgage technology provider is heading to new locations with an expanded line-up...

Almost a quarter of prospective homebuyers plan to make their homes more energy efficient in the hope of securing more favourable...

Mortgage approvals for house purchases fell slightly from 60,800 in April to 60,000 in May, says the Bank of England. Approvals for...

The Nationwide regional house price indices are produced quarterly, with data for Q2 (the three months up to and incluingJune) showing...

The Conservatives are set to lose nearly half of homeowner votes this week, latest polling from national estate agency Jackson-Stops reveals....

New research from the Intermediary Mortgage Landers Association suggests that the cumulative shortfall in first-time buyer numbers since the financial crisis...

Mortgage-backed housing sales volumes over the last three months are still some 49% below this time last year. A new analysis by...

Data from UK Finance suggests that interest-only mortgage holders are showing no obvious signs of distress despite interest rates remaining high.  There...

HSBC has made extensive cuts to rates levied on a vast range of residential and buy to let mortgages, coming into...

 A new first-time buyer study from Rightmove reveals that the average first-time buyer mortgage payment has risen by 61% since the...

Aldermore has expanded its mortgage range to appeal to self-employed contractors operating via a limited company or sole trader, enabling them...

Intermediary the Mortgage Advice Bureau claims to be breaking new ground by partnering with Effective Home to transform the landscape of...

Buyers and sellers had to process a series of different numbers starting with five last week. The crucial number was 5.7%. That...

The significant majority of mortgaged residential properties currently below Energy Performance Certificate band C could achieve band C or above by...

The West Brom - the UK’s seventh largest building society - is now offering a range of fixed rate mortgages to...

There’s been particularly sharp criticism for the Bank of England’s decision at the end of last week to hold base rate...

The Bank of England has been sharply criticised for an “attack on homeowners” due to its refusal to cut rates. The Monetary...

HLPartnership, the UK’s largest privately owned mortgage and protection network, is hosting a webinar event today to help entrepreneurs decide whether...

Rightmove reports that the average price of property coming to the market for sale drops by £21 this month to £375,110...

Mortgage experts have criticised the Reform UK housing and tax policies as being superficially appealing but risking a return to the...

A number of major mortgage lenders have announced rate increases just as the election campaign enters its second half. Barclays has increased...

Homebuyers are being gazumped due to lengthy property chains and delays in getting a mortgage, new research from Market Financial Solutions...

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...

Moneyfacts has analysed the movements in mortgage rates since the Conservatives came to office in 2010. Average two-year fixed mortgage rates fluctuated...

Buckinghamshire Building Society has launched a new non-standard credit buy to let mortgage, following what it calls “significant broker demand.”   The BTL...

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...

Jersey's mortgage rates have been consistently higher than those in the UK, sparking concern among consumers and prompting our investigation, according...

After a brief absence for what it calls “operational reasons” the Suffolk Building Society has returned to the 95% market with...

UK Finance has released its financial services manifesto, outlining key priorities the next government should focus on. David Postings, Chief Executive of...

New figures from UK Finance show a drop off in later life mortgage lending in recent months. There were 28,840 new loans...

The European Central Bank has cut its key deposit rate to 3.75% - so moving faster than the Bank of England...

The industry is sceptical about the effectiveness of Labour’s nw ‘Freedom To Buy’ initiative, which effectively makes the current mortgage guarantee...

Newcastle for Intermediaries has launched a new mortgage platform for its broker partners.   Following the announcement of its new broker website and...

The mortgage market is resilient enough to endure temporary political uncertainty created by next month’s General Election. That’s the view of Jonathan...

Higher-for-longer interest rates are likely to remain for the rest of this year, warns the deVere Group, an independent financial advisory...

Rightmove says there should be a review of mortgage affordability criteria undertaken by the next government. The portal’s mortgages expert Matt Smith...

The proposed merger between mortgage and financial service providers Nationwide and Virgin Money is to be investigated by the UK's competition...

Official Bank of England figures shows that net mortgage approvals for house purchases totalled 61,100 in April, little changed from 61,300...

Applications from first time buyers have grown by 33% so far this year with FTBs now making up a higher proportion...

Analysis by an estate agency shows that since the 1980s, house prices have climbed by an average of 5.4% in the...

This accounts for some of the big rise seen recently in the supply of homes for sale - 20% up on...

Building societies' mortgage balances grew in the six months between October 2023 and March 2024, when they had declined across the...

An analysis of period property transactions reveals that demand has slumped as low as 39.2% of previous highs because of premiums...

FinTech company Mortgage Brain has partnered with large scale buy to let lender The Mortgage Works to host a free Mortgage...

The Building Societies Act 1986 (Amendment Bill) successfully passed its legislative stages as part of the last minute ‘wash up’ of...

Dudley Building Society has made its residential large loan mortgage range accessible to all brokers. Up until now, access to the building...

Leaders. Romans Group, one of the UK's leading property services groups, has rebranded and amalgamated Start Financial Services into Mortgage Scout. Start...

There’s a warning that the general election campaign will probably mean that the interest rate cuts hoped for in June will...

A Freedom of Information (FoI) request from a former pensions minister has revealed a significant increase in the proportion of home...

An online agency has analysed current housing market listings to see which types of home are most in demand from England’s...

New research from Compare the Market has revealed that nearly seven in 10 households have been caught out by surprise costs...

April Mortgages has launched its new unique house purchase mortgage range. Now all registered firms will be able to offer the entire...

There was a 13% increase in Q1 2024 of 56-65 year-olds searching for their first property compared to the same period...

Rightmove is predicting some 1.1m residential transactions this year - but it says the glacial pace of house buying in the...

Optimus has renewed its long-term partnership with fee-free mortgage adviser London & Country (L&C). Optimus claims that the new contract “will further...

LiveMore, the mortgage lender for people aged 50 to 90 plus, has launched a new up to 100% standalone debt consolidation...

The latest report from the Intermediary Mortgage Lenders Association (IMLA) reveals that intermediary confidence in the industry increased in Q1 2024. Some...

There was good news over the weekend as rates reductions announced late last week kicked in. Barclays has cut a number of...

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...

Londoners looking to buy a home can expect to spend 42% more on monthly mortgage payments than tenants pay on rent,...

Hinckley & Rugby Building Society has launched a range of mortgages to help skilled foreign workers in the UK own their...

The latest RICS UK Residential Survey results shows the recent recovery in buyer demand has mellowed slightly, with the market impacted...

Many buy to let landlords have made financial changes during the cost of living crisis to mitigate the rising costs of...

Buy to let lender Landbay has enhanced its like-for-like remortgage range with new lower stress testing, alongside new rate reductions. For landlords...

Chain-free homes command asking price premiums of 3.9% over homes on sale with buyer-chains - and in one location at least,...

Property Circle, which calls itself “the growth platform for mortgage brokers, estate agents and letting agents” has appointed a PropTech high-flyer...

UK mortgage lending is forecast to grow just 1.5% (net) in 2024, according to the latest EY ITEM Club Outlook for...

Nottingham Building Society has partnered with insurance technology firm, Uinsure to provide home insurance quotes in as little as 60 seconds. Members...

Interest rates for borrowers have shown mixed signs of both rises and falls over the past six months. Moneyfactscompare has analysed...

UK Finance’s latest arrears and possessions data shows a modest three per cent rise in homeowner mortgages in arrears to 96,580...

Bank of England base rate has been held at 5.25% - where it has been for nine months. The Bank’s monetary policy...

HSBC has made a slew of changes and increases to its residential and buy to let mortgage products. The bank is introducing...

Research from independent mortgage monitor Moneyfactscompare suggests that building societies are working hard to support first-time buyers, for whom affordability has...

It might look like house prices have stabilised, staying relatively flat over the first four months of 2024, but at least...

The average selling price of property across Edinburgh, the Lothians, Fife and the Borders during February-April was £269,963, some 1.5% higher...

Almost three quarters of Millennial and Gen Z buyers - those aged 18 to 34 - think energy efficiency improvements will...

Savills has today upgraded its five-year UK mainstream house price forecast to reflect the stronger than expected start to the year...

The Hinckley & Rugby building society has announced two cuts to rates across its mortgage range in short order.  After rate cuts...

Big demand for small properties has helped to drive growth in UK property prices in the early months of this year,...