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KEYWORD "Accord" - 467 RESULTS
 PI an ‘increasing issue for brokers’, FIBA claims

Professional Indemnity (PI) insurance is becoming an increasingly worrying issue for brokers, according to specialist finance trade body, FIBA. FIBA, part of...

24 March 2020

From: Breaking News

Equity release customers ‘value repayments and drawdown’ most

The ability to make interest payments and capital repayments are becoming increasingly important for equity release customers as products develop, according...

20 February 2020

From: Breaking News

‘All change’ in broker criteria searches in the run-up to 2020

There is evidence of continuing volatility in the mortgage market, with different criteria searches among brokers reaching the top five, according...

22 January 2020

From: Breaking News

Bonus-friendly mortgages can boost borrowing power by up to £33,000

Workers who received a festive bonus and are looking to purchase a property in 2020 could boost their borrowing power by...

16 January 2020

From: Breaking News

Boost in complex buy-to-let business to continue in 2020, says Paragon

The increase in portfolio and complex buy-to-let business seen over the past two years is set to continue in 2020, according...

09 January 2020

From: Breaking News

Mortgage applications to be ‘as simple as car insurance’ in the next 10 years - claim

Mortgage applications will soon be as simple as buying car insurance for many borrowers, as technology begins to revolutionise the housing...

09 January 2020

From: Breaking News

Could Britain’s empty homes accommodate the homeless?

Utilising just 41.4% of Britain’s empty homes could house the homeless, according to research by estate agent comparison website, GetAgent.co.uk. Shelter estimates...

24 December 2019

From: Breaking News

Buy-to-let mortgage costs drop as 2019 draws to a close

Mortgage costs in the buy-to-let (BTL) market have continued to fall over the last three months, according to Mortgage Brain. Its quarterly...

19 December 2019

From: Breaking News

House price growth has slowed by half since Brexit

Brexit has caused UK house price growth to half since June 2016, according to property management company Apropos. The digital platform, designed...

19 December 2019

From: Breaking News

New-build homebuyer activity set to spike amidst busiest time of the year

The level of new-build properties being sold has picked up as we approach the end of the year, while sales across...

04 December 2019

From: Breaking News

Finding a property is more stressful than obtaining a mortgage, movers say

While obtaining a mortgage makes moving home a stressful experience, finding and securing a property is more anxiety-inducing to 46% of...

27 November 2019

From: Breaking News

UK intermediaries plan to ‘weather the storm’ of political upheaval

Intermediaries believe they can hold out against the uncertainty being caused by Brexit and the general election, according to the Intermediary...

19 November 2019

From: Breaking News

Buy-to-let borrowing stable despite market slowdown

The buy-to-let market has remained relatively stable despite the decline in overall mortgage business during Q3 2019, according to Paragon Bank. Its...

13 November 2019

From: Breaking News

ULS Technology launches digital portal for brokers

Conveyancing technology provider ULS Technology has announced the arrival of DigitalMove Remortgage for mortgage brokers. This new functionality aims to help brokers...

13 November 2019

From: Breaking News

Investor demand for bridging finance continues in Q3

For the third consecutive quarter, the most popular use of a bridging loan was to purchase investment property, according to Bridging...

06 November 2019

From: Breaking News

Commercial finance specialists should broaden their lender panels – FIBA

The Financial Intermediary & Broker Association (FIBA) is asking members to consider the Bank of England’s (BoE’s) warning about lenders cutting...

06 November 2019

From: Breaking News

Leave voting areas witnessed faster-growing house prices

With the outcome of Brexit hanging in the balance, ‘Leave’ voting areas have recorded higher average house price increases than ‘Remain’...

31 October 2019

From: Breaking News

Time to sell across the UK hits three-year high

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

31 October 2019

From: Breaking News

Majority of people refused a mortgage

A vast majority of mortgage enquires come from people who have been refused a mortgage due to not being a ‘perfect...

25 October 2019

From: Breaking News

Millions of people may need support from brokers in the next year

An estimated 1.26 million people with adverse credit are looking to buy a property in the next 12 months, according to...

22 October 2019

From: Breaking News

Commercial brokers are resilient against post-Brexit outlook

Almost seven in 10 (67%) commercial mortgage brokers feel confident about the lending environment in 2020 despite the current political climate,...

16 October 2019

From: Breaking News

How can mortgage brokers future-proof their business?

The property finance industry is rapidly changing. Everyone who’s part of it wants to know where we are heading, what’s working...

02 October 2019

From: Breaking News

Help to Buy ISAs supported nearly 89,000 property purchases in 2018

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

02 October 2019

From: Breaking News

Interest-only mortgages remained a popular mortgage criteria search in August

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

24 September 2019

From: Breaking News

Home improvement rather than home movement can ‘boost secured loans’

Fluent for Advisers has reported an increase in home improvement secured loan requests from introducers. The latest second-charge figures for June from...

24 September 2019

From: Breaking News

Majority of lenders are positive about future of the commercial mortgage market

Some 77% of lenders believe the number of loans they broker will increase, showing a positive outlook for the future of...

19 September 2019

From: Breaking News

Positive industry outlook – UK intermediaries remain confident

The vast majority of UK intermediaries (91%) remain positive about the outlook for the mortgage industry despite ongoing political uncertainty, according...

29 August 2019

From: Breaking News

Market competition is ‘keeping home insurance prices in check’

Average bills for home insurance are up just 2.1% in a year, with a competitive marketplace keeping up with the UK’s...

29 August 2019

From: Breaking News

Pension cash dominates the savings market

Both the volume and value of flexible payments from pensions has hit a new high, according to Moneyfacts. Data from the money...

29 August 2019

From: Breaking News

Right to Buy debuts in top five most searched UK mortgage criteria

Right to Buy became one of the most-searched for criteria by brokers for the first time in July, according to Knowledge...

21 August 2019

From: Breaking News

Borrowers at risk if tracker rates fall – claim

Less than 5% of tracker rate mortgages are available on the market, which reflects the current ‘lack of appetite’ for variable...

14 August 2019

From: Breaking News

Many UK homeowners don’t have home insurance

Nearly a quarter of UK homes have no home insurance, according to Assurant Intermediary. The insurance company says advisers play a vital...

14 August 2019

From: Breaking News

Home movers remain committed despite summer slowdown

Many key indicators for home movers and first-time buyers remained either stable or only marginally changed when compared to the previous...

31 July 2019

From: Breaking News

Mortgage intermediaries expect increase in direct selling

Nearly a quarter (23%) of mortgage intermediaries expect that consumers will choose to bypass advice and arrange their mortgage directly with...

31 July 2019

From: Breaking News

Number of mortgages for 40 years or more jumps 20-fold in a year

The number of 40-year mortgages approved jumped over 20-fold in 2018, up from only 162 in 2017, according to ludlowthompson. The London...

26 July 2019

From: Breaking News

Key Partners unveils detailed look at equity release introducer sector

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

19 July 2019

From: Breaking News

Three quarters of homeowners unable to correctly define ‘remortgaging’

The majority (61%) of current and soon-to-be homeowners in the UK don’t fully review their mortgage agreement before signing it, and...

19 July 2019

From: Breaking News

Average Bank of Mum and Dad mortgage contribution rises by £6,000

The Bank of Mum and Dad (BoMaD) is currently spending an average of £6,000 more than in 2018 to help loved...

19 June 2019

From: Breaking News

‘Reform stamp duty for downsizers’, says Dudley BS

Stamp Duty Land Tax (SDLT) in its current form is a ‘major obstacle’ to the housing market, particularly for older people...

22 May 2019

From: Breaking News

Self-employed ‘jumping through extra hoops’ to secure a mortgage

Nearly three quarters (71%) of the UK’s growing self-employed population believe their employment status makes it harder to get a mortgage,...

16 May 2019

From: Breaking News

Bridging loan interest rates drop to lowest level as lending rises

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

14 May 2019

From: Breaking News

New service to aid mortgage applicants with lower credit scores

MortgageGym is adding four specialist lenders to its online platform for mortgage applicants with lower credit scores. These include Together and Precise...

08 May 2019

From: Breaking News

Five-year fixed rate mortgages more popular than ever before

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

03 May 2019

From: Breaking News

Spicerhaart partners with Excel and TLT to launch interest-only resolution

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

30 April 2019

From: Breaking News

FIBA launches Block PI scheme to mark ‘significant milestone’

The Financial Intermediary & Broker Association (FIBA) has announced the launch of its own Professional Indemnity (PI) scheme for members in...

30 April 2019

From: Breaking News

The Nottingham launches lifetime ISA online

Nottingham Building Society has cemented its position as a leading Cash Lifetime ISA (LISA) provider as it becomes the only society...

16 April 2019

From: Breaking News

Nearly 200,000 annual movers are ‘last-time buyers’, IMLA reports

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

11 April 2019

From: Breaking News

Knowledge Bank notes shift in broker searches

There has been a shift in broker searches regarding equity release, while searches for lenders that allow houses of multiple occupation...

11 April 2019

From: Breaking News

Brits only own a kitchen and bathroom when beginning a mortgage

Brits only own the equivalent of an average-sized kitchen and bathroom at the point of officially entering into a mortgage, according...

09 April 2019

From: Breaking News

Is Help to Buy dying? London sales fall by 64%

The number of properties available in London under Help to Buy (HTB) has declined by 64% since 2017, according to modular...

22 March 2019

From: Breaking News

First-time buyer mortgage completion rate at three-year high

First-time buyers (FTBs) saw their completion rate for mortgage offers through intermediaries reach a three-year high of 89% in Q4 2018. That...

15 March 2019

From: Breaking News

Robo advice provides brokers with better ways to serve customers

The launch of business-like mortgage monitor, Dashly, and hybrid mortgage broker, Ladder, are a positive development from the broker sector of...

15 March 2019

From: Breaking News

Saffron launches upgraded affordability calculator

Saffron Building Society has launched a renewed affordability calculator to assist brokers and their customers when choosing a new residential mortgage. Findings...

01 March 2019

From: Breaking News

Customer relationship management tools free for appointed representatives

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

07 February 2019

From: Breaking News

Lenders have too much power over borrowers, says report

Over two thirds (68%) of British people think lenders have too much power over borrowers. The findings come from new online polling...

01 February 2019

From: Breaking News

Advisers need to take a second-time approach in the protection market, says broker

Mortgage broker CLS Money is targeting protection advice as a vital part of its growth strategy in 2019. The Essex-based company also...

01 February 2019

From: Breaking News

Mortgage rejection common among young homeowners

One in six mortgage holders have been rejected for a mortgage in the past, according to new research from Which? Mortgage...

30 January 2019

From: Breaking News

HLPartnership and Mortgage Support Network strengthens compliance support

The privately-owned mortgage and protection networks, HLPartnership and Mortgage Support Network, have announced the appointment of five new compliance officers to...

11 January 2019

From: Breaking News

Millions of mortgage holders underestimated time it took to be mortgage free

Nearly a third (32%) of current mortgage holders, which equates to approximately 4 million people, may have to re-evaluate their finances...

08 January 2019

From: Breaking News

Young homeowners are paying off their mortgage faster than planned

Almost half of homeowners are making overpayments on their mortgages, according to new research from Which? Mortgage Advisers. Those aged 18-24 led...

08 January 2019

From: Breaking News

Computershare launches buy-to-let lender Zephyr Homeloans

Computershare Loan Services has launched Zephyr Homeloans, a dedicated buy-to-let lender that provides a range of mortgage products for portfolio landlords...

24 December 2018

From: Breaking News

Online activity helps to boost mortgage broker success

The emergence of new digital tools and services is becoming an increasing driver of intermediary mortgage business, according to Intermediary Mortgage...

20 December 2018

From: Breaking News

Brexit concerns softens mortgage market

A Brexit ‘uncertainty effect’ is washing over UK mortgage brokers after the largest drop in business volumes in more than two...

03 December 2018

From: Breaking News

Borrowers pay £15.4 billion in ‘unnecessary’ SVR interest each year

A staggering £15.4 billion of annual interest is being paid by mortgage borrowers sitting on their lenders’ standard variable rate (SVR),...

23 November 2018

From: Breaking News

House prices in ‘Leave’ areas outpace ‘Remain’

Since the Brexit vote, house prices have increased across the UK by 9.3%, with market uncertainty surrounding the exit being blamed...

20 November 2018

From: Breaking News

The Nottingham launches video advice system to cater for growing demand

Over one in five (22%) consumers said they would want to use a branch-based mortgage advice service, according to a new...

20 November 2018

From: Breaking News

Growth in number of approvals to small deposit borrowers

First-time buyers and existing homeowners capitalised on low rates across the market in October, according to fresh research from e.surv. Its latest...

16 November 2018

From: Breaking News

Over half of borrowers rejected because the mortgage industry is ‘not fit for purpose’

The mortgage industry is failing to keep up with modern borrowers, according to a new study conducted by Together. It revealed that...

16 November 2018

From: Breaking News

Annual house price growth slows to lowest rate in five years

Average property prices in the three months to October were 1.5% higher than in the same three months a year ago,...

09 November 2018

From: Breaking News

HL Partnership appoints new managing director

Managing director of Mortgage Support Network (MSN), Shaun Almond, has been appointed to the role of MD of sister network HL...

02 November 2018

From: Breaking News

Landlords remortgaging reaches an all-time high

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

26 October 2018

From: Breaking News

Millennials forced to delay marriage and kids to get on the property ladder

People aged 18-34 are having to make sacrifices not experienced in previous generations to get onto the property ladder, according to...

26 October 2018

From: Breaking News

Half of brokers see rise in bridging loan volume

Demand for bridging loans increased in the third quarter of 2018, according to bridging lender mtf. Its latest Broker Sentiment Survey found...

23 October 2018

From: Breaking News

Larger deposit borrowers see market share squeezed

First-time buyers and others with small deposits took a greater share of the market last month than in August, according to...

17 October 2018

From: Breaking News

One in three homeowners unaware of their mortgage rate

As many as one in three UK homeowners don’t know what mortgage rate they are on, potentially costing them thousands of...

17 October 2018

From: Breaking News

The Bank of Mum and Dad to initiate tougher lending rules

Tougher lending rules are surfacing after the expansion of the Bank of Mum and Dad (BOMAD) into one of the UK’s...

12 October 2018

From: Breaking News

One third of landlords deterred by compulsory three-year tenancies

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

10 October 2018

From: Breaking News

Accord to offer Help to Buy mortgages along with new-build lending

Accord Mortgages has announced a range of new or enhanced initiatives designed to support brokers with new-build cases. This includes a range...

03 October 2018

From: Breaking News

HL Partnership embraces retirement interest-only lending

The launch of retirement interest only (RIO) products by lenders provides a valuable alternative to the growing number of later life...

07 September 2018

From: Breaking News

Fluent Money launches first mobile app for equity release

Specialist lending distributor Fluent Money Group has announced the launch of Fluent Lifetime Ltd on mobile. The company will be offering equity...

07 September 2018

From: Breaking News

Bank of Mum and Dad seeking financial and legal advice

The Bank of Mum and Dad is now seeking financial advice and guidance, according to new research from Key. The independent equity...

30 August 2018

From: Breaking News

'Ageing population is putting a strain on later life lending model' - IMLA

Homeowners are ageing at a faster rate than the UK population as developments in post-retirement lending put a strain on the...

30 August 2018

From: Breaking News

Intermediaries encourage customers to review mortgage options

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

21 August 2018

From: Breaking News

L&G Home Finance launches new lifetime mortgage partnership with Virgin Money

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

21 August 2018

From: Breaking News

Criteria activity tracker reveals brokers’ top searches

The most search criteria by brokers during July has been revealed by Knowledge Bank’s ‘Criteria Activity Tracker’. Knowledge Bank – the source...

16 August 2018

From: Breaking News

Parents provide financial aid to one in four new buyers, research shows

The Bank of Mum and Dad is very much prevalent, with recent research showing that UK parents will help 316,000 young...

09 August 2018

From: Breaking News

First-time buyers push through summer property transactions

The proportion of sales made to first-time buyers rose by five percentage points to 29% in June, the highest figure recorded...

09 August 2018

From: Breaking News

Customers of the ‘Big Six’ lenders are paying £900 over the odds

Borrowers opting for the ‘cheapest’ mortgage deal with one of the UK’s ‘Big Six’ lenders could be paying almost £900 over...

07 August 2018

From: Breaking News

National intermediary sales manager to leave Accord

Accord Mortgages’ national intermediary sales manager, David Robinson, is set to leave the company at the end of July. Having been with...

20 July 2018

From: Breaking News

Poor advice leaves buy-to-let landlords at risk of high tax bills

Failure to seek expert advice is leaving buy-to-let landlords at risk of high tax bills that could have been avoidable, according...

12 July 2018

From: Breaking News

Summer sales on the up in UK property market

The national month-on-month figures for new listings ‘for sale’ reached 9.4%, while the amount of properties sold sat at 6.2% in...

10 July 2018

From: Breaking News

BTL market entering stable period, says Mortgage Brain

The buy-to-let sector could be entering another period of stabilisation, according to recent analysis carried out by Mortgage Brain. The cost of...

04 July 2018

From: Breaking News

Supply up in May as sellers prepared for summer slowdown

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

29 June 2018

From: Breaking News

Commercial Trust warns landlords over limited company incorporation

A specialist buy-to-let mortgage broker has urged buy-to-let landlords to take a cautious approach and seek expert advice when it comes...

29 June 2018

From: Breaking News

UK property market activity remained consistent in April

April saw significant purchasing and remortgaging activity following forecasts suggesting an interest rate rise in May, according to the Mortgage Advice...

15 June 2018

From: Breaking News

Successful first-time buyer mortgage applications reach two-year high

Over three quarters (76%) of first-time buyers’ mortgage applications via intermediaries resulted in a completion in Q1 2018, the highest number...

15 June 2018

From: Breaking News

Landlords favour limited company status for new BTL purchases

Nearly two out of five (38%) landlords will use limited companies to buy properties over the next year compared to 28%...

13 June 2018

From: Breaking News

Brokers are using technology to keep ahead of competition

Mortgage advisers are embracing new technology faster than any other time following the credit crunch, according to Criteria Hub. The online deep...

06 June 2018

From: Breaking News

Shieldpay to ‘revolutionise’ moving day process in the UK

The UK’s first digital mortgage settlement has been carried out by Premier Property Lawyers and Shieldpay, bringing transformation to the £245...

06 June 2018

From: Breaking News

Brightstar launches specialist lending workshops

Brightstar Financial has launched a series of specialist lending workshops to help brokers engage with the market more effectively. Merging with some...

24 May 2018

From: Breaking News

Five-year fixed buy-to-let mortgage rates still falling

The average cost of five-year fixed rate buy-to-let (BTL) mortgage products declined in the first quarter of 2018 despite the steady...

24 May 2018

From: Breaking News

Majority of homeowners would turn back time to use a mortgage broker

Some 81% of UK homeowners who purchased a home in the last year would consider a mortgage broker if they were...

16 May 2018

From: Breaking News

Mortgage costs drop during Q1 2018

The cost of most mainstream mortgages were down when compared to the start of last year, according to the latest quarterly...

10 May 2018

From: Breaking News

Criteria Hub helps lenders improve product offerings

Criteria Hub, the criteria search engine for networks, clubs and mortgage advisers, is providing lenders with useful product point feedback via...

03 May 2018

From: Breaking News

Demand for five-year fixed deals drops to annual low

Demand for five-year fixed rate remortgages has fallen to the lowest level since July 2017, according to conveyancing service provider LMS. The...

27 April 2018

From: Breaking News

Highest demand for specialist mortgages comes from self-employed

A diverse set of customer needs from the self-employed are driving demand for specialist residential mortgages, according to Paragon’s Financial Adviser...

04 April 2018

From: Breaking News

Longer-term mortgage products overtake two-year deals

Two-year deals for mortgage products have been overtaken by longer-term deals for the first time, according to research conducted by Paragon. The...

20 March 2018

From: Breaking News

Completion rates in first-time buyer mortgage applications rose in 2017

The majority (74%) of mortgage applications via intermediaries for first-time buyers resulted in a completion during Q4 2017, according to the...

09 March 2018

From: Breaking News

Accord launches new remortgage options and reduces rates

Accord Mortgages has launched five competitive remortgage options for borrowers with a 25%, 20% or 10% deposit. The new remortgage range from...

22 February 2018

From: Breaking News

Over half a million households at risk of negative equity

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

15 February 2018

From: Breaking News

Mortgage costs increased during Q4 2017

The cost of mortgages is on the rise with the price of the majority of mainstream residential mortgages increasing during the...

06 February 2018

From: Breaking News

Mortgage product availability up by almost a quarter

The number of mortgage products available has increased by 24% over the last 12 months. According to data from Mortgage Brain, an...

24 January 2018

From: Breaking News

Potential movers still undeterred by Brexit

Prospective home movers have been active in January and are failing to be put off by Brexit and last year's interest...

24 January 2018

From: Breaking News

'Brokers confident of successful 2018, despite Brexit' - Shawbrook Bank

Commercial mortgage brokers are 'overwhelmingly upbeat' about their prospects for 2018, according to Shawbrook Bank. The bank's annual Broker Barometer found that...

18 January 2018

From: Breaking News

Landlords may need brokers now more than ever

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

16 January 2018

From: Breaking News

More equity release options for ‘silver separators’

Many older divorcees are struggling to pay the mortgage post-split, according to figures from LEBC. The financial planning firm is placing greater...

16 January 2018

From: Breaking News

Accord appoints new director of intermediary distribution

Accord Mortgages has announced the appointment of Jeremy Duncombe as its director of intermediary distribution. Having over 20 years’ experience in the...

09 January 2018

From: Breaking News

Mortgage prices fluctuate across the UK

Purchase prices varied across the UK, with some regions seeing prices increase both month on month and year on year, according...

05 December 2017

From: Breaking News

Remortgaging reaches record levels, says lender

Remortgaging has reached a record high, rising to 39% of all mortgages, according to The Mortgage Hut. The number of remortgages has...

05 December 2017

From: Breaking News

Accord launches interest only repayment options for borrowers

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

05 December 2017

From: Breaking News

Nationwide becomes the newest member of the Equity Release Council

Nationwide is the latest building society to join the Equity Release Council (The Council) following its introduction to the lifetime mortgage...

28 November 2017

From: Breaking News

L&G Mortgage Club campaign busts mortgage myths

Over half (55%) of UK consumers are unaware that a mortgage broker could offer more product options than a bank or...

14 November 2017

From: Breaking News

Accord Mortgages fine-tunes product transfer process

Existing customers will benefit from an efficient and simplified transferring experience as part of Accord Mortgages' vast number of product improvements,...

14 November 2017

From: Breaking News

First time buyers underestimate the cost of buying

The homebuying process and its associated costs is being met with a lack of understanding amongst potential first-time buyers, fresh research...

07 November 2017

From: Breaking News

Demand for 35-year mortgages increases

Nearly seven in ten (69%) mortgage brokers saw an increasing demand for 35-year mortgages, according to the latest research from the...

24 October 2017

From: Breaking News

‘Robo-advice’ is the greatest threat to brokers

Nearly five out of 10 brokers (49%) see ‘robo-advice’ and technology as the biggest threat to their business, according to research...

17 October 2017

From: Breaking News

Accord advises brokers on avoiding house sales delays

Advice has surfaced from Accord Mortgages on how brokers can reduce house sales delays caused by property valuation set-backs during autumn. Recently,...

17 October 2017

From: Breaking News

Gross specialist lending grows threefold since 2009

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

06 October 2017

From: Breaking News

Free legal advice is still a popular choice for borrowers

Free legal assistance is still a popular option among the majority of borrowers remortgaging with Accord Mortgages. Figures from the lender show...

02 October 2017

From: Breaking News

Level 4 mortgage exam qualifiers reaches 1,000-mark

Approximately 1,000 advisers have now passed the RQF Level 4 certificate in Advanced Mortgage Advice, according to The Society of Mortgage...

25 September 2017

From: Breaking News

The Mortgage Hut launches new bridging and commercial finance arm

The Mortgage Hut is aiming to meet growing customer demand for complex property loans by launching a new bridging and commercial...

25 September 2017

From: Breaking News

Accord launches lowest-ever 80% LTV two-year fix

Accord Mortgages is offering its lowest ever two-year fixed rate at 80% loan-to-value (LTV) with a 0.99% two-year fixed rate mortgage...

25 September 2017

From: Breaking News

Half of BTL brokers still unware of upcoming PRA changes

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

13 September 2017

From: Breaking News

GDPR could speed up mortgage process, say SMP

The implementation of General Data Protection Regulation (GDPR) in May 2018 offers significant benefits for advisers, according to The Society of...

08 September 2017

From: Breaking News

Accord figures show a remortgage rush

Figures from Accord Mortgages show a jump in remortgage applications over the summer, with borrowers grabbing competitive mortgage deals ahead of...

08 September 2017

From: Breaking News

more 2 life hits £1 billion lending milestone

Lifetime mortgage lender more 2 life has surpassed £1 billion of lending, along with a substantial total loan book value. According to...

05 September 2017

From: Breaking News

‘Second steppers’ find it harder to move up the property ladder

Up to 18% of homeowner’s ready to climb the property ladder find it harder than buying their first home, according to...

05 September 2017

From: Breaking News

First-time buyers make up half of all property purchases in July

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

29 August 2017

From: Breaking News

Accord launches £495 fee remortgage options

Accord Mortgages has revealed competitive remortgage options with a £495 fee and the benefit of additional features. The new products from the...

25 August 2017

From: Breaking News

L&G becomes the largest provider of lifetime mortgages

Legal & General Home Finance has become the biggest provider of lifetime mortgages in the first half of this year (H1). The...

14 August 2017

From: Breaking News

‘Persuasion is the key to second-charge acceptance’ – Fluent for Advisers

Argued reasoning is the best way to help second-charge lending gain greater traction in the wider lending market, according to Fluent...

14 August 2017

From: Breaking News

Barking and Dagenham crowned top property renovation hotspot

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

09 August 2017

From: Breaking News

Accord reduces rates on residential mortgages

Accord Mortgages has now added more choice to its product range by reducing rates at most LTVs and offering a new...

07 August 2017

From: Breaking News

76% of advisers urge home buyers to take out a private survey

Over three quarters (76%) of advisers recommend taking out private surveys when purchasing or remortgaging a property, according to TMA Mortgage...

01 August 2017

From: Breaking News

Accord announces changes to portfolio landlord criteria

Accord Buy to Let has announced details of its lending criteria for portfolio landlords, set to come into effect on 30...

01 August 2017

From: Breaking News

Accord Buy to Let expands its fixed rate price

Accord Buy to Let has bolstered its range of fixed rate mortgages for landlords with deposits of 25% or more. The lender,...

28 July 2017

From: Breaking News

Mortgage costs drop during second quarter

According to the latest data from mortgage technology provider, Mortgage Brain, the majority of mainstream mortgages have steadily decreased over the...

25 July 2017

From: Breaking News

Accord says borrowers can benefit from additional features

Accord Mortgages has confirmed that it will continue to provide free legal assistance or cashback up to £500 to both residential...

25 July 2017

From: Breaking News

Third of mortgage advisers think Brexit will have a positive effect

Almost a third of mortgage advisers believe that Britain’s exit from the EU will have a positive or very positive effect...

10 May 2017

From: Breaking News

Bank of Mum and Dad to lend 23% more in 2017

The so-called Bank of Mum and Dad will lend 23% more funds in 2017, putting it on a par with the...

10 May 2017

From: Breaking News

March housing supply at lowest point since records began

The number of properties available to buy through estate agents in March was the lowest level recorded for the third month...

02 May 2017

From: Breaking News

Average landlord LTVs continue to fall, reports Paragon

Gearing amongst landlords remained low in the first quarter of the year, according to Paragon Mortgages, with the average loan-to-value (LTV)...

07 April 2017

From: Breaking News

‘Mortgage accessibility at post-MMR high’ - IMLA

Brokers are encountering fewer difficulties when sourcing mortgages for clients than at any point since the introduction of the Mortgage Market...

05 April 2017

From: Breaking News

Has the mortgage market returned to pre-crisis levels?

The range and number of mortgage products now available is almost at the same level as before the financial crisis. This is...

22 March 2017

From: Breaking News

Accord expands remortgage range

Two competitive fixed-rate mortgages with no upfront fees and added features have been launched by Accord Mortgages. The move has been...

16 March 2017

From: Breaking News

Small deposit buyers increase share of UK mortgage market

Small deposit buyers were given a New Year boost, with their share of the mortgage market increasing in January 2017. Small deposit...

03 March 2017

From: Breaking News

Eleven buyers chasing every property, say estate agents

As the supply/demand imbalance continues there is an average of 11 prospective buyers chasing every property for sale, according to NAEA...

01 March 2017

From: Breaking News

Accord to boost borrowers with new tracker mortgage

Accord Mortgages has launched a new tracker mortgage with no early repayment charges. The lender says this new product will give borrowers...

24 February 2017

From: Breaking News

Overseas buyers and expats routinely rejected for mortgages

Overseas buyers and British expats are finding it increasingly difficult to purchase property in the UK without correct advice, according to deVere...

24 February 2017

From: Breaking News

Scottish borrowers are most active mortgage switchers

Mortgage borrowers in Scotland are the most proactive when it comes to switching products, according to new research. A YouGov study, commissioned...

17 February 2017

From: Breaking News

Buy-to-let mortgage costs remain at record lows

Buy-to-let mortgage costs have stabilised at record lows, according to analysis by Mortgage Brain. Costs have continued to fall on an annual basis,...

15 February 2017

From: Breaking News

NACFB: FSCS Levy is an expensive route to welcome destination

The £15 million supplementary levy imposed on mortgage brokers by the Financial Services Compensation Scheme (FSCS) will hit the best-qualified brokers...

10 February 2017

From: Breaking News

Pricing of short-term buy-to-let mortgage products hits all-time low

The average pricing of two and three-year fixed rate buy-to-let mortgages is at an all-time low. This is according to the latest Index...

10 February 2017

From: Breaking News

Accord expands range of offset mortgages

Accord Mortgages used the beginning of February to launch five new options to its offset range. The intermediary-only lender’s new measures...

03 February 2017

From: Breaking News

Mortgage affordability on the rise as rates remain at record lows

Mortgage affordability is increasing for first-time buyers, home movers and remortgagors, according to the latest index from Mortgage Advice Bureau (MAB). The...

01 February 2017

From: Breaking News

Buy-to-let borrowing hit by high house prices and tougher lending criteria

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

27 January 2017

From: Breaking News

New lender partnership announced by Commercial Trust

A leading buy-to-let broker has partnered with a new lender to improve its selection of offerings. Commercial Trust has added Vida Homeloans...

27 January 2017

From: Breaking News

Offset mortgage incentive extended by Accord

Borrowers taking out an offset mortgage have a few days left to be given a helping hand by Accord Mortgages. The...

25 January 2017

From: Breaking News

Mortgage professionals show support for equity release qualification

The adviser community has offered broad support to the merits of a standalone equity release qualification, according to a joint survey...

20 January 2017

From: Breaking News

Why banks and building societies should be lending to the over 50s

Following the introduction of new lending rules in April 2016, under the Mortgage Market Review (MMR), many banks and building societies...

18 January 2017

From: Breaking News

Annual house price growth slows, Nationwide index reveals

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

07 November 2016

From: Breaking News

Lenders launch new high-LTV products aimed at first-timers

Two lenders have launched new mortgage products with LTVs of over 90%. Furness Building Society has introduced a range of five-year fixed...

21 October 2016

From: Breaking News

Self-employed struggling to obtain mortgages

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

07 October 2016

From: Breaking News

Lending should be based on affordability, not age

The one area in which a proper affordability assessment is ignored is lending to older borrowers, according to findings from The...

24 August 2016

From: Breaking News

Fifth of first-time buyers could be 'priced off' the property ladder

Following the Bank of England's decision to cut the base rate to 0.25%, a fifth of 18 to 34 year-olds could...

24 August 2016

From: Breaking News

Delays causing brokers most difficulty since introduction of MCD

The latest Broker Sentiment Survey by bridging lender MTF has found that delays to mortgage applications have caused brokers the most...

26 July 2016

From: Breaking News

Brokers plan to advise or refer later life and equity release products

The majority of brokers surveyed by Legal & General say they either currently recommend or would recommend later life lending or...

19 July 2016

From: Breaking News

House prices dipped in May as market 'holds its breath'

Average house prices dipped by 0.4% between April and May, according to the latest figures from estate agents Your Move and...

17 June 2016

From: Breaking News

Five year fixed rate mortgages cut by Accord

Rates for borrowers looking to secure a longer-term deal have been slashed by Accord Mortgages, with a 0.15% reduction on selected...

17 June 2016

From: Breaking News

Annual house price growth stable at 9.2%

House prices in the three months to May were 9.2% higher than in the same three months a year earlier, according...

08 June 2016

From: Breaking News

Homemover applications hit record conversion rate

Homemovers have just registered the highest success rate for turning mortgage applications into completions. Some 80% of homemover applications led to an...

03 June 2016

From: Breaking News

Buy-to-let sell-off begins

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...

01 June 2016

From: Breaking News

Millions caught in home insurance mortgage trap

More than 1.6m homeowners have bought home insurance from their mortgage lender and many mistakenly believe they cannot switch for a...

01 June 2016

From: Breaking News

House prices surge beside the seaside

House prices in British seaside towns have increased by an average £440 every month for the last decade, new figures show. Prices...

31 May 2016

From: Breaking News

Lenders remain positive about buy-to-let

Lenders remain positive about prospects for the buy-to-let market despite the Chancellor's tax crackdown. This is despite the fact that most expect the market to...

31 May 2016

From: Breaking News

First-time buyer sales soar in April

First-time buyer sales soar last month as landlords abandoned the market following the introduction of the new stamp duty surcharge on 1...

27 May 2016

From: Breaking News

Remortgaging hits seven-year high in April

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

26 May 2016

From: Breaking News

Nine out of 10 opt for fixed rates

Nine out 10 borrowers are opting to fix their mortgages despite little sign of forthcoming base rate hike. Historically low mortgage interest...

26 May 2016

From: Breaking News

London is even more expensive than you think

The average London property may come with an eye-watering price tag of £550,000 but the real cost of buying is even...

26 May 2016

From: Breaking News

Property transactions plummet in April

Residential property transactions plunged by almost half in April in the wake of a bumper March. The seasonally adjusted estimate fell by 45.2% last...

25 May 2016

From: Breaking News

Paragon doubles buy-to-let lending in six months

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...

25 May 2016

From: Breaking News

Mortgage gap closes as high-LTV loans get cheaper

The gap between mortgage rates at different LTVs has narrowed dramatically, making life easier for borrowers with small deposits. Mortgage rates for borrowers...

24 May 2016

From: Breaking News

Fewer remortgaging to increase loan size

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

23 May 2016

From: Breaking News

Mortgage lending plunges almost 30% in April

Gross mortgage lending fell 29% in April following the rush to beat the new stamp duty surcharge on buy-to-lets and second...

20 May 2016

From: Breaking News

Buyers race to beat Brexit uncertainty

One in seven mortgage and remortgage customers are racing to complete their application before the EU referendum on 23 June. More than...

18 May 2016

From: Breaking News

Average broker is loyal to just THREE lenders

Brokers and intermediaries place two thirds of all their mortgages with just three preferred lenders, new research shows. The typical mortgage intermediary uses...

17 May 2016

From: Breaking News

London property slowdown a “myth”

The supposed slowdown in the London property market is a “myth” as the majority of Londoners see prices continue to rise. While...

17 May 2016

From: Breaking News

Buy-to-let surge turns nasty for first-time buyers

The surge in buy-to-let transactions in the run-up to the stamp duty surcharge on 1 April has left first-time buyers facing...

16 May 2016

From: Breaking News

House prices dip for first time in a year

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

12 May 2016

From: Breaking News

Lawyers to blame for collapsing property purchases

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

11 May 2016

From: Breaking News

First-time buyers desperate as housing crisis deepens

First-time buyers are "increasingly desperate" to buy a place of their own as the housing crisis deepens, new research shows. Today, 73%...

11 May 2016

From: Breaking News

Mortgage fees hit two-year high

New research shows that mortgage fees are starting to increase with the average fee increasing by £40 in the last six...

10 May 2016

From: Breaking News

Remortgage surge offsets seasonal slowdown

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

09 May 2016

From: Breaking News

First-time buyers ‘must act fast’ to get top deals

The cost of servicing a mortgage for buyers with small deposits has fallen sharply over the past 12 months, according to...

06 May 2016

From: Breaking News

Rising rents ease landlords’ tax fears

Increasing levels of rents around the UK have softened the blow of recent rises in stamp duty levels for landlords, according...

05 May 2016

From: Breaking News

Fall in demand pushes up tracker rates

The average cost of tracker mortgages is on the increase as the result of falling demand from borrowers, according to Moneyfacts.co.uk. The...

05 May 2016

From: Breaking News

‘Bank of mum and dad’ to pump £5bn into property market

UK parents will lend or give more than £5billion over the course of 2016 to help their children get onto or move...

04 May 2016

From: Breaking News

Unemployment hits house prices

The areas of the UK with the highest levels of unemployment have seen the lowest rates of house-price increases over the...

03 May 2016

From: Breaking News

First-time buyers mount fight back in March

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...

29 April 2016

From: Breaking News

Supply of rental stock nose-dives

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

29 April 2016

From: Breaking News

Mortgage products fly to record high

Brokers have more choice than ever before with the number of mortgage products hitting an all-time high in March. However, new mortgage application...

28 April 2016

From: Breaking News

Outlook is bright for remortgaging

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

28 April 2016

From: Breaking News

Brokers hail “bumper” March for lending

Brokers and lenders are celebrating a "bumper month" which saw borrowing in March 64% higher than one year earlier. Gross mortgage borrowing...

27 April 2016

From: Breaking News

Cash is king in prime London

Cash is now king in the prime London market with six out of 10 of purchases made by investors or second-home...

27 April 2016

From: Breaking News

Buy-to-let dash boosts landlords' profits

Buy-to-let landlords enjoyed total annual returns of 12.2% over the last year helped by the flurry of purchases in the run-up...

22 April 2016

From: Breaking News

Accord launches new fee-free mortgages

Accord Mortgages has launched a new fee-free mortgage for borrowers with a 35% deposit, with added incentives. The intermediary-only lender, part of...

21 April 2016

From: Breaking News

First-time buyers move home to build deposits

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

18 April 2016

From: Breaking News

Buy-to-let boom and Brexit create climate of uncertainty

The housing market is facing a “climate of uncertainty” as the UK waves goodbye to buy-to-let boom, according to the Royal...

14 April 2016

From: Breaking News

Lending surges across the board but slowdown in sight

Lending to both residential buyers and property investors soared over the last year but experts warn there is a slowdown in...

14 April 2016

From: Breaking News

Residential and buy-to-let mortgage rates continue to fall

Rates on mainstream and buy-to-let mortgages have fallen by as much as 10% over the past three months. This should spell further...

14 April 2016

From: Breaking News

House price growth now looks unrelenting

UK house prices rose 7.6% in the year to February and property experts expect the "unrelenting" growth to continue. This marked a...

13 April 2016

From: Breaking News

Buy-to-let lenders slash mortgage rates

Buy-to-let lenders continue to slash their mortgage rates helping landlords offset Chancellor George Osborne's tax crackdown on property investing. The average two-year...

12 April 2016

From: Breaking News

Buy-to-let suffers sharp March slowdown

March saw a sharp drop in buy-to-let valuations activity as landlords ran out of time to beat the stamp duty surcharge on 1 April. Valuation activity dropped...

11 April 2016

From: Breaking News

Stamp duty deadline drives surge in rental properties

The number of rental properties spiked by more than 20% in the final week before the stamp duty surcharge was introduced, new figures...

07 April 2016

From: Breaking News

Surge in three-year fixed mortgages

There has been a surge in three-year fixed rate mortgages with number of deals on the market rising 16% in the last...

06 April 2016

From: Breaking News

A right royal return: house prices rise 47,000%

House prices have risen 47,000% since the Queen was born 90 years ago this month, new research shows. In 1926 the average...

04 April 2016

From: Breaking News

Landlords flock to limited company mortgages

More than two out of five landlords are either moving or considering moving their buy-to-let portfolios into corporate structures ahead of...

04 April 2016

From: Breaking News

Mortgage rates hit fresh lows as rate hike recedes

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

31 March 2016

From: Breaking News

Buy-to-let investors “storm housing market”

Buy-to-let investors are said to be "storming the housing market" as estate agents report an increase in the numbers trying to...

30 March 2016

From: Breaking News

Stamp duty hike to put brakes on buy-to-let

Chancellor George Osborne's forthcoming stamp duty surcharge will push up buy-to-let rental costs and trigger a decline in the supply of...

24 March 2016

From: Breaking News

Broker mortgages soar 40% in just one month

Intermediary mortgage sales exceeded all expectations in February to hit the highest level since the 2008 market crash. Residential and buy-to-let sales...

23 March 2016

From: Breaking News

House price growth continues to accelerate

UK house prices continue to accelerate increasing by 7.9% in the year to January, up from 6.7% in December. Prices were driven...

23 March 2016

From: Breaking News

Asking prices top £300,000 for first time

The average price of a property coming to market in England and Wales has passed £300,000 for the first time. Asking prices...

21 March 2016

From: Breaking News

Ignorant first-time buyers risk rejection

First-time buyers applying for their first mortgage lack knowledge about the application process and risk being rejected as a result. Almost half...

21 March 2016

From: Breaking News

Lending hits eight-year high in February

Gross mortgage lending in February hit its highest level for eight years after leaping 30% year-on-year. Lending totalled £17.6 billion which marks a fall from £18.5...

18 March 2016

From: Breaking News

Average monthly London rent tops £1,500

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

16 March 2016

From: Breaking News

Buy-to-let landlords face double deadline

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

11 March 2016

From: Breaking News

Buy-to-let chokes out first-time buyers

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...

10 March 2016

From: Breaking News

Buy-to-let investors shrug off tax crackdown

The popularity of buy-to-let looks set to defy Chancellor George Osborne's tax crackdown with nearly three out of 10 over-55s planning...

07 March 2016

From: Breaking News

Bridging bursts through £3.5bn barrier

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%...

07 March 2016

From: Breaking News

Seven years of low rates won’t last forever

Tomorrow will mark the seventh anniversary of 0.5% interest rates but property experts warn that cheap money won't last forever. The average...

04 March 2016

From: Breaking News

Brexit fears drive mortgage enquiry surge

The forthcoming Brexit referendum is fuelling a surge in mortgage enquiries from worried buyers and owners. They fear mortgage costs will increase if...

03 March 2016

From: Breaking News

Rate hikes could wipe out buy-to-let profits

The average buy-to-let investor could make a loss of £325 a year if the Bank of England lifted interest rates by...

03 March 2016

From: Breaking News

Supply plunges amid  swarm of buy-to-let investors

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

02 March 2016

From: Breaking News

“Buy-to-let blitz” lifts mortgages to new high

The rush to complete buy-to-let purchases before April has driven mortgage approvals to a two-year high, property experts say. The number of...

01 March 2016

From: Breaking News

Now only wealthy first-timers can afford to buy

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

01 March 2016

From: Breaking News

Sub-£1m West End homes “extinct”

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

01 March 2016

From: Breaking News

Buy-to-let market defies tax crackdown

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...

29 February 2016

From: Breaking News

Mortgage lending soars 38% in a year

Gross mortgage lending surged 38% in the past year to hit £13.6 billion last month, the highest figure for nearly eight...

25 February 2016

From: Breaking News

Property investors turn against Brexit

Property investors say the UK would be a less attractive place to invest if voters decide to leave the EU, new...

25 February 2016

From: Breaking News

First-time buyer deals near pre-crash levels

The number of high-LTV deals aimed at first-time buyers is almost back at pre-financial crisis levels. Mortgages at 90% and 95% LTV...

24 February 2016

From: Breaking News

Brokers on top as mortgage market booms

The number of mortgages on the market has hit a post-crisis high with broker-distributed deals leading the charge. Total deals on the...

23 February 2016

From: Breaking News

Accord cuts buy-to-let rates by 0.3%

Accord Buy to Let has cut the rates on its range of three and five-year fixed rate mortgages by up to...

23 February 2016

From: Breaking News

North/South property divide widens

The North/South divide in house price expectations has now widened to record levels, new figures show. Households in all UK regions perceive...

22 February 2016

From: Breaking News

Ability to buy a home improves

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

22 February 2016

From: Breaking News

Mortgage market starts 2016 with a bang

The mortgage market has started 2016 "with a bang" as gross mortgage lending rose 21% year-on-year. Lending hit £17.9 billion in January,...

19 February 2016

From: Breaking News

Buy-to-let clampdown deters investors

New research suggests that the Government's clampdown on buy-to-let is scaring off investors. Almost one in 10 UK adults say they have...

19 February 2016

From: Breaking News

Property millionaires set to triple

The number of million pound properties in the UK will more than triple by 2030, new research suggests By that date, one...

18 February 2016

From: Breaking News

Building society mortgage approvals rise 10%

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

18 February 2016

From: Breaking News

Accord and Leeds unveil five-year fixes

Accord Mortgages and Leeds Building Society have launched new five-year fixed-rate mortgages with added incentives. Intermediary-only lender Accord’s deals are aimed at borrowers...

17 February 2016

From: Breaking News

Stamp duty changes save movers £4,500

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

15 February 2016

From: Breaking News

Mortgage rates fall across the board

Mortgages costs continue to fall with fixed and tracker rates now cheaper than three months ago at various LTVs. The average two-year...

12 February 2016

From: Breaking News

Lifetime cost of renting tops £50,000

Britain is becoming a nation of "forever renters" as the lifetime cost of renting exceeds £50,000, driving home ownership out of reach...

12 February 2016

From: Breaking News

Buy-to-let drives mortgages to nine-year high

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...

11 February 2016

From: Breaking News

Lenders regain appetite for high-LTV lending

Access to the mortgage market is widening as lenders rediscover their appetite for higher-LTV lending. Lenders have partly been encouraged by Government...

11 February 2016

From: Breaking News

Stamp duty reforms cost Treasury £620m

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

10 February 2016

From: Breaking News

London buyers rush to beat stamp duty hike

Demand for property in London continues to soar as buyers rush to beat April's forthcoming stamp duty surcharge on investment properties. Both new buyer registrations...

10 February 2016

From: Breaking News

Mortgage arrangement fees hit £7,500

Headline mortgage rates have hit an all-time low but rising arrangement fees mean that deals aren't always as cheap as they...

09 February 2016

From: Breaking News

Accord hands first-time buyers £500

Accord Mortgages is giving first-time buyers an extra £500 cashback when they complete on a mortgage. All first-time buyers completing on fixed...

09 February 2016

From: Breaking News

House prices jump another £3,500 in January

The collapse in the supply of houses for sale has forced prices to new highs with an average increase of £3,500...

05 February 2016

From: Breaking News

£500,000 zone spreads across London

The Greater London property boom is spreading with average prices in more than half of all postcodes breaking through £500,000. Half-million-pound postcodes...

04 February 2016

From: Breaking News

Accord widens two-year mortgage range

Accord Mortgages has extended its two-year mortgage range by launching new deals for borrowers with higher loan sizes. The intermediary-only lender, part of Yorkshire Building...

03 February 2016

From: Breaking News

Mortgage approvals hit two-year high

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

02 February 2016

From: Breaking News

London soars as average price tops £514,000

London property prices rose at double the pace of the rest of the UK last year, new figures show. Prices in the capital...

01 February 2016

From: Breaking News

Housing supply collapses by half in 10 years

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

29 January 2016

From: Breaking News

First-time buyer numbers dip in December

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

29 January 2016

From: Breaking News

Mortgage approvals leap 24% in December

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,...

28 January 2016

From: Breaking News

Brokers split on buy-to-let outlook

Mortgage intermediaries are split on the prospects for further growth in the buy-to-let market this year. Brokers are positive about the health...

28 January 2016

From: Breaking News

Interest rate cuts save borrowers £22 billion a year

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

28 January 2016

From: Breaking News

Growing struggle to secure buy-to-let finance

Finding mortgage finance will be the biggest challenge for amateur landlords in future, according to broker Private Finance. It warned that the...

27 January 2016

From: Breaking News

Mortgage rates continue to fall

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

26 January 2016

From: Breaking News

Average home earns £525 a week

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

25 January 2016

From: Breaking News

Mortgage lending jumps 8% in 2015 to £220bn

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...

22 January 2016

From: Breaking News

Supply crunch hits  mortgage lending

The shortage of properties for sale has hit house purchase approvals which fell more than 3% in December. There were 68,218 house purchase...

21 January 2016

From: Breaking News

House price rise at fastest rate for eight months

UK house prices leapt by 7.7% in the year to November after rising at the fastest rate for eight months. This compares...

20 January 2016

From: Breaking News

Mortgage rates continue to fall

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

19 January 2016

From: Breaking News

2016 gets off to a flyer

The property market has made a bright start to 2016 with the average home coming to market priced £1,500 higher than...

18 January 2016

From: Breaking News

Rents rise twice as fast as wages

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

15 January 2016

From: Breaking News

Mortgage lending slumps in November

Mortgage lending for house purchases slumped nearly 10% to £10.7 billion in November as the winter slowdown set in. Despite the dip...

15 January 2016

From: Breaking News

Britons unprepared for rising mortgage rates

Britons are unprepared for rising mortgage rates even though nearly three-quarters would see their monthly repayments rise if the base rate...

14 January 2016

From: Breaking News

Buy-to-let landlords rush to expand portfolios

Buy-to-let landlords are rushing to expand their portfolios before the stamp duty surcharge kicks in on 1 April. The surge means that...

13 January 2016

From: Breaking News

First-time buyer sales top 300,000 in 2015

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

11 January 2016

From: Breaking News

Nine in 10 buy-to-let investors to make loss

More than nine out of 10 buy-to-let investors are set to lose money within five years due to forthcoming tax changes,...

10 January 2016

From: Breaking News

Surge in limited company buy-to-let loans

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

08 January 2016

From: Breaking News

Mortgage market is “buzzing”

Brokers say the housing market is "buzzing" as latest Halifax figures show activity rebounded in December. Prices rose 1.7% in December, reversing...

08 January 2016

From: Breaking News

Serious rent arrears at three-year high

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

08 January 2016

From: Breaking News

Housing market shrugs off winter slowdown

Mortgage approvals for house purchases rose again in November as the market defied a seasonal winter slowdown. Loan approvals for house purchases...

05 January 2016

From: Breaking News

First time buyers stage 2015 comeback

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

05 January 2016

From: Breaking News

2015: the year mortgage rates plummeted

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

24 December 2015

From: Breaking News

Pessimism grows over buy-to-let catastrophe

Letting agents are feeling increasingly pessimistic about the future for the buy-to-let market after the stamp duty surcharge comes into force...

23 December 2015

From: Breaking News

Intermediary mortgage sales disappoint again

Mortgage sales through intermediaries have disappointed for the second consecutive month, new figures show. Total mortgage sales have fallen by 8.4% last...

23 December 2015

From: Breaking News

Remortgage equity withdrawals surge to record high

The average amount of equity withdrawn via remortgaging hit a new record of nearly £37,000 per borrower in November. This is a...

23 December 2015

From: Breaking News

95% LTV mortgages hit post-recession high

The number of 95% LTV mortgages rose by 84% in the last year after a surge of product launches over the...

17 December 2015

From: Breaking News

600,000 Britons now property millionaires

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...

17 December 2015

From: Breaking News

Buy-to-let enjoys calm before the storm

Buy-to-let enjoyed another strong month in October with a 7% jump in lending and 5% rise in remortgages. But property experts warn...

16 December 2015

From: Breaking News

House purchase lending leaps 8% in October

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

16 December 2015

From: Breaking News

Strong December growth points to buoyant 2016

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

14 December 2015

From: Breaking News

First-time buyers locked out of market boom

House purchase lending has leapt almost 20% in the past 12 months but first-time buyers remain locked out of the booming...

14 December 2015

From: Breaking News

Basel Committee joins assault on buy-to-let

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

11 December 2015

From: Breaking News

First-time buyers enjoy pre-Christmas bounce

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...

11 December 2015

From: Breaking News

House prices break new record but growth slows

House prices in England and Wales jumped £16,446 in the last year to hit a new record high of £290,640. This is...

10 December 2015

From: Breaking News

Lenders reject one in seven remortgages

Lenders rejected one in seven homeowners who tried to remortgage in the past two years. One in four of those who could...

09 December 2015

From: Breaking News

Buy-to-let in rude health ahead of tax crackdown

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...

08 December 2015

From: Breaking News

Stamp duty reforms save buyers £4,500 each

The typical home buyer approximately £4,500 better-off due to last year’s stamp duty changes. Chancellor George Osborne reformed the “slab system” of...

08 December 2015

From: Breaking News

Buy-to-let landlords rush to set up limited companies

Buy-to-let investors are rushing to set up limited companies to avoid Chancellor George Osborne’s forthcoming tax crackdown. Investors are trying to escape the...

07 December 2015

From: Breaking News

Repossessions plunge as North-South gap closes

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

04 December 2015

From: Breaking News

Over-55s underestimate property wealth by £90,000

Homeowners aged over 55 are sitting on £90,000 more property wealth than they realise thanks to soaring house prices. This extra housing wealth...

04 December 2015

From: Breaking News

Prime London prices grind to a halt

House price growth in prime central London is grinding to a halt as higher stamp duty on expensive properties hits growth. Annual growth...

03 December 2015

From: Breaking News

Stamp duty changes save buyers £1.9bn

George Osborne’s stamp duty reforms announced last December have saved home buyers £1.9 billion in the last year. The average saving since Osborne...

03 December 2015

From: Breaking News

Buy-to-let landlords targeting cheaper properties

Buy-to-let landlords are increasingly searching for lower-priced properties in a bid to secure higher yields, new research suggests. Seven in 10 landlords...

25 November 2015

From: Breaking News

Buy-to-let is a “disaster waiting to happen”

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...

24 November 2015

From: Breaking News

Buy-to-let rents surge ahead of inflation

The UK may be in deflation but this has had little impact on buy-to-let rents which leapt by 4.7% over the...

23 November 2015

From: Breaking News

Brokers celebrate early Christmas as lending hits new high

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

20 November 2015

From: Breaking News

First-time buyers to shun” Help to Buy Isas

First-time buyers are unimpressed by the Government’s Help to Buy Isa initiative with almost half expected to shun the plan. That is...

20 November 2015

From: Breaking News

UK prices leap as average London home hits £531,000

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

18 November 2015

From: Breaking News

Buy-to-let demand will continue to soar

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...

18 November 2015

From: Breaking News

Arrears fall again but brokers warn against complacency

Mortgage arrears and repossessions hit a new low in the third quarter but brokers have warned against borrower complacency. They fear borrowers...

13 November 2015

From: Breaking News

Availability of homes hits four-year low

A fall in the number of affordable homes being put up for sale has driven overall property availability in the UK...

13 November 2015

From: Breaking News

Housing market enjoys bumper October

Two new sets of figures published today showing the housing market firing on all cylinders into the autumn. House in England and...

12 November 2015

From: Breaking News

Buy-to-let investors shrug off tax crackdown

Buy-to-let lending continued to race ahead of the mortgage market in September as investors ignore Chancellor George Osborne's forthcoming tax crackdown. Investors drove large quarterly and...

12 November 2015

From: Breaking News

Stock market volatility fuels buy-to-let boom

Half of UK homeowners are now interested in becoming a buy-to-let landlord as returns on rival investments plummet. Stock market volatility is...

11 November 2015

From: Breaking News

Buy-to-let rental increases slow

The average UK rent outside London rose 3.5% over the past 12 months to £749 a month but the pace of...

10 November 2015

From: Breaking News

Help to Buy 2 drives high-LTV lending

The Help to Buy mortgage guarantee scheme has boosted both first-time buyer lending and higher-LTV mortgages, new figures show. The number of...

10 November 2015

From: Breaking News

Second charge lending nears £1 billion

Second charge mortgage lending is set to top £1 billion this year with £93 million worth of monthly secured lending in...

10 November 2015

From: Breaking News

Stamp duty overhaul under attack

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

09 November 2015

From: Breaking News

First-time buyers need £50,000 salary

First-time buyers need to earn on average £50,000 a year to get on the property ladder, new research suggests. The average salary...

09 November 2015

From: Breaking News

House prices rise nearly 10% in a year

UK house prices rose 9.7% in the year to October and should continue climbing over the coming year, according to the...

06 November 2015

From: Breaking News

Property wealth of over-55s to hit £2.5 trillion

The total property wealth of over-55s in England will double to almost £2.5 trillion by 2035, according to new research by Age...

06 November 2015

From: Breaking News

Now Accord and Coventry both cut rates

Broker-only lender Accord and Coventry for Intermediaries are the latest to cut mortgage rates as the lender price war continues. Accord is...

05 November 2015

From: Breaking News

Sharp rise in mortgage freebies

Mortgage lenders are increasingly using freebies to attract customers as it gets harder to compete on price. The number of mortgage products...

04 November 2015

From: Breaking News

Interest-only time bomb set to explode

The interest-only time bomb is set to explode as almost three-quarters of affected borrowers fear they may not be able to repay their loan. Some...

03 November 2015

From: Breaking News

Accord cuts buy-to-let rates

Accord Buy to Let is cutting the rates across its 75% LTV range by up to 0.35%. It is also offering a...

02 November 2015

From: Breaking News

Brokers enjoy boom year for buy-to-let

Brokers have enjoyed boom year in the buy-to-let market with intermediary mortgage sales surging more than 30% to nearly £30 billion. That overshadows healthy growth of...

30 October 2015

From: Breaking News

Average London property hits nearly £500,000

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...

29 October 2015

From: Breaking News

Cheap mortgages come with frightening costs

The true cost of the lowest-price mortgages on the market is "frightening", according to new research from Moneyfacts.co.uk. It said too many...

28 October 2015

From: Breaking News

Sharp fall in sales of million pound houses

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

26 October 2015

From: Breaking News

Strong buyer demand drives market activity

The property market continued to tick over in September with activity up 5.4% on the same month last year. There were 106,030...

22 October 2015

From: Breaking News

Remortgagers shun broker help

The number of people using an independent adviser to help with a remortgage has dropped by 28% this year, new figures...

21 October 2015

From: Breaking News

Brokers can’t afford to ignore social media any longer

Mortgage brokers have been slow to adapt to social media with just over half using it for business purposes. While two thirds...

21 October 2015

From: Breaking News

Buy-to-let crackdown “harms tenants more than landlords”

Loss of higher rate tax relief and tighter regulation on buy-to-let could harm tenants more than landlords by constraining the supply of rented...

20 October 2015

From: Breaking News

Prime central London bubble bursts

The prime central London property bubble appears to have burst as demand falls and a surge of new stock saturates the market. Demand...

19 October 2015

From: Breaking News

Four jailed in £300m mortgage scam

A businessman who masterminded one of the UK’s biggest mortgage scams has been jailed for five-and-a-half years. David Purdie, 57, appeared to...

19 October 2015

From: Breaking News

Cost of owning a home: £15,000 a year

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

16 October 2015

From: Breaking News

Paragon and 3mc unveil exclusive buy-to-let deals

Specialist lenders Paragon Mortgages and 3mc have announced new exclusive buy-to-let product ranges. This follows the recent launch from intermediary-only lender Accord,...

15 October 2015

From: Breaking News

Housing market slows despite low mortgage rates

Latest figures show UK house prices slowed in the year to August with annual growth of 5.2%. That is unchanged from July,...

14 October 2015

From: Breaking News

Access to mortgages getting worse

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

14 October 2015

From: Breaking News

Wealthier homeowners turn to equity release

Wealthy homeowners are twice as likely to use equity release to treat family and friends, new research shows. As property wealth increases...

14 October 2015

From: Breaking News

Housing market activity at six-month high

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

13 October 2015

From: Breaking News

More lenders cut rates as price war intensifies

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

12 October 2015

From: Breaking News

September mortgage lending hits new highs

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...

08 October 2015

From: Breaking News

House prices fell in September

House prices fell by nearly 1% in September as the annual pace of growth starts to ease off, new figures show. This...

07 October 2015

From: Breaking News

Buy-to-let becoming “legal minefield”

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

05 October 2015

From: Breaking News

Dramatic surge in £1m mortgages

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

05 October 2015

From: Breaking News

Rate fears drive remortgage activity

Fears that the Bank of England will soon raise the base rate from its all-time low is driving a rise in...

30 September 2015

From: Breaking News

Broker deals push number of mortgages to post-crisis high

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

30 September 2015

From: Breaking News

Boom in price of first-time buyer homes

The cost of taking the first step on the property ladder is soaring according to new figures from estate agent chain...

30 September 2015

From: Breaking News

Growth in house prices continues, Land Registry says

Property price inflation has fallen back slightly to 4.2% a year in England and Wales, according to the latest figures from...

29 September 2015

From: Breaking News

Remortgaging levels rise to new record high

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

28 September 2015

From: Breaking News

Three-bed rentals enjoy fastest growth

Three-bedroom properties have seen the fastest growth for rents after rising 4.6% in the last year. London computer hotspots like Windsor and...

25 September 2015

From: Breaking News

Strongest summer on record for first-time buyers

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

25 September 2015

From: Breaking News

Brokers report 50% annual rise in buy-to-let sales

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

25 September 2015

From: Breaking News

Award-winning mortgage broker in £1m fraud

An award-winning mortgage broker who set out to build a £1 million family home has escaped immediate imprisonment after admitting fraud...

24 September 2015

From: Breaking News

Interest-only ticking timebomb is being defused

Brokers have welcomed new figures showing a sharp decline in the number of interest-only loans over the past year. Over the past...

23 September 2015

From: Breaking News

Buy-to-let rents in summer slump

The number of landlords increasing rents for tenants fell in August, the first drop this year, new figures show. Only one in three...

22 September 2015

From: Breaking News

Millions of tenants will never own home

Home ownership is a distant dream for nine million UK renters who say they will never be able to afford their...

21 September 2015

From: Breaking News

Tax crackdown threatens buy-to-let boom

New figures confirm that buy-to-let continues to outperform the mortgage market but industry experts warn that the forthcoming tax crackdown may...

16 September 2015

From: Breaking News

UK house prices climb and outlook brightens

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

15 September 2015

From: Breaking News

Now another Bank policymaker hints at early rate hike

The prospect of an interest rate hike in the UK may be closer than markets realise, according to a Bank of...

15 September 2015

From: Breaking News

Buy-to-let enjoys double-digit rental growth

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

14 September 2015

From: Breaking News

House prices rise 9% as shortages bite

UK house prices rose 9% in the past year after a strong summer that saw prices leap 3% between June and August,...

11 September 2015

From: Breaking News

Mortgage affordability rules leave buyers baffled

Two thirds of potential homebuyers have been left in the dark by new mortgage affordability rules, research reveals. Some 35% of potential...

10 September 2015

From: Breaking News

Is the party over for prime central London?

The prime central London property market has endured a "subdued summer" after the excitement of recent years. Annual price growth of 1.7%...

09 September 2015

From: Breaking News

Homeowners unprepared for interest rate rise

Homeowners with variable rate mortgages remain dangerously exposed to rising interest rates, new research suggests. Three out of four homeowners on a...

08 September 2015

From: Breaking News

Homes shortage thwarts downsizers

One in five older people are considering downsizing but are being put off by a lack of homes and the cost...

07 September 2015

From: Breaking News

House price growth outstrips incomes

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

03 September 2015

From: Breaking News

Over-55s plan buy-to-let property splurge

The over-55s are set to go on a property buying spree, new research suggests. More than a third of homeowners over the age...

03 September 2015

From: Breaking News

Accord cuts upfront buy-to-let mortgage costs

Accord Mortgages has launched a range of fee-free fixed rate mortgages aimed at cutting the cost of buying or remortgaging. Landlords can...

02 September 2015

From: Breaking News

Tax crackdown forces buy-to-let landlords out of business

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

02 September 2015

From: Breaking News

Over 600,000 will use pension to clear mortgage

More than 600,000 Britons intend to use all or part of their pension to help repay their mortgage balance, new research...

28 August 2015

From: Breaking News

First-time buyer sales hit post-crisis high

The number of first-time buyer sales rose nearly 5% in July to hit the highest figure since the recession. There were 29,700...

28 August 2015

From: Breaking News

Rush to remortgage as fixed rates creep upwards

Homeowners rushed to remortgage in July amid signs that fixed-rate mortgages are now starting to creep up in price. Remortgaging jumped 29%...

27 August 2015

From: Breaking News

Buy-to-let bonanza as rates fall while deals hit 1,000

The buy-to-let mortgage boom continues with rates falling sharply while the number of products on the market hits a seven-year high of 1,000. The average...

26 August 2015

From: Breaking News

Housing demand soars to 11-year high

The number of house hunters in July hit the highest level in almost 11 years after leaping 5% in a month. The supply of available...

25 August 2015

From: Breaking News

Buying now £670 cheaper than renting

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

24 August 2015

From: Breaking News

Transactions flat despite price rises

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

24 August 2015

From: Breaking News

Rents top £800 for first time after July surge

Rents across England and Wales have hit a fresh high after a record surge in July, new figures show. The average rent...

21 August 2015

From: Breaking News

Brokers are buzzing as mortgage market hits fresh high

Brokers are buzzing with confidence after new figures showed the mortgage market enjoyed its best July for seven years. Gross mortgage lending...

21 August 2015

From: Breaking News

Building societies grab more market share

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

20 August 2015

From: Breaking News

Booming buy-to-let helps brokers defy summer slowdown

Brokers bucked the traditional summer mortgage slowdown helped by the continuing boom in buy-to-let, new figures show. Overall lending totalled £16.4 billion, a...

20 August 2015

From: Breaking News

Housing market powers on after July wobble

Latest figures suggest housing market momentum is getting stronger despite a “wobble” in July that saw a sharp dip in activity. Housing...

18 August 2015

From: Breaking News

Young investors keen to crash the buy-to-let party

As many as four million 18-39 year olds are actively trying to purchase a buy-to-let property to cash in on the...

17 August 2015

From: Breaking News

Strongest August market since credit crunch

The property market is enjoying its strongest August since the financial crisis with a far lower seasonal fall in prices than usual. Prices fell just...

17 August 2015

From: Breaking News

Demand for 30-plus mortgage terms soars

The appetite for longer-term mortgages is soaring as homebuyers look to stretch out their repayments to make them more affordable, new...

17 August 2015

From: Breaking News

Latest drop in repossessions masks hidden threat

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

14 August 2015

From: Breaking News

Strongest July in eight years as national recovery gathers pace

Last month was the strongest July for home sales since 2007 with a rise of 13% on June to 90,000. This is the first time...

13 August 2015

From: Breaking News

Accord cuts upfront costs on buy-to-let mortgages

Accord Buy to Let is helping landlords manage the upfront costs of buying or remortgaging by extending its range of £195...

13 August 2015

From: Breaking News

First-time buyers save £2,000 as 95% LTV rates plunge

First-time buyers are £2,000 better off thanks to a sharp drop in rates on 95% LTV mortgages over the past two...

12 August 2015

From: Breaking News

Buy-to-let leads June mortgage market revival

The mortgage market enjoyed a buoyant June with a resurgence in new lending and remortgaging, with buy-to-let leading the charge. House purchase...

12 August 2015

From: Breaking News

More buyers with smaller deposits able to buy

Applicants with smaller deposits are increasingly securing mortgages as lenders offer more high-LTV loans, new research suggests. Nearly half of all homebuyers...

11 August 2015

From: Breaking News

Sharp drop in number of home movers

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...

11 August 2015

From: Breaking News

Families can't afford to trade up in 95% of UK towns

New families can't afford to move up the property ladder in more than 95% of UK towns. New research published today shows they...

10 August 2015

From: Breaking News

Buy-to-let income soars 12% to nearly £1,000 a month

Buy-to-let rental income has surged ahead of both inflation and house price growth to hit an average of £977 a month. The...

10 August 2015

From: Breaking News

Mortgages fall again despite rate hike threat

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

06 August 2015

From: Breaking News

Average house costs record 8.8 times earnings

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...

06 August 2015

From: Breaking News

Buy-to-let crackdown to hit house price growth

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...

05 August 2015

From: Breaking News

Mortgage rates creep up ahead of key BoE meeting

Lenders have started to push up the cost of their mortgage deals as the Bank of England moves a step closer to the first base...

05 August 2015

From: Breaking News

Stamp duty reform sinks prime London sales

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

04 August 2015

From: Breaking News

Limited company mortgages beat buy-to-let tax crackdown

More than 100 mortgages are available for landlords who buy properties through a limited company, allowing them to retain current levels...

03 August 2015

From: Breaking News

First-time buyers numbers plunge again

The number of first-time buyers plunged more than 27% in the year to June, with no sign of a post-election bounce. There...

31 July 2015

From: Breaking News

Fixed rates now cheaper than variable rates

As mortgages plunge to record lows borrowers no longer have to pay more for the security of a fixed rate. The difference...

29 July 2015

From: Breaking News

GDP surge threatens early rate hike

Official figures showing GDP rose a robust 0.7% in the second quarter will add to pressure on the Bank of England...

29 July 2015

From: Breaking News

Equity release lending surges to record high

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

28 July 2015

From: Breaking News

The great mortgage rate hike finally begins

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

27 July 2015

From: Breaking News

House price sentiment holds firm despite rate threat

The house price sentiment index in positive territory for 28th consecutive month with households in all UK regions saying property prices...

27 July 2015

From: Breaking News

Buy-to-let investors put their faith in brokers

Seven out of 10 landlords arranged their last buy-to-let mortgage through an intermediary, in a vote of confidence for the broker sector. Just...

24 July 2015

From: Breaking News

Average home up £7,000 this year

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

23 July 2015

From: Breaking News

Mortgage market set for long-term decline

The mortgage market could go into a sharp long-term decline as elderly people pay off their home loans while younger people...

23 July 2015

From: Breaking News

Brokers enjoy best month since 2008 financial crisis

June was the strongest month for broker mortgage lending since the financial crisis in 2008. Total lending soared 26.5% year-on-year to hit...

21 July 2015

From: Breaking News

Supply crunch pushes average price towards £300,000

A sharp drop in new property supply is forcing house prices ever higher with the average asking price now just a...

20 July 2015

From: Breaking News

Report reveals rental hotspots

Wakefield, Coventry, Brighton, Nottingham and Greater London are the parts of the UK where renters who have just moved to the...

17 July 2015

From: Breaking News

Property market confidence slips back, says Halifax

Confidence in the outlook for UK house price growth slipped back in June, according to the Halifax Housing Market Confidence Tracker. This...

17 July 2015

From: Breaking News

Fastest-ever surge in buy-to-let rental income

The income received by landlords is increasing at its fastest-ever rate, according to new research. The latest Buy-to-Let Index from the Your...

17 July 2015

From: Breaking News

Buy-to-let not to blame for supply problems says CML

The government and the Bank of England must not put too much of the blame for a lack of housing supply...

16 July 2015

From: Breaking News

Equity release lending soars by 17%

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

15 July 2015

From: Breaking News

Budget changes could damage property supply, expert claims

Changes announced in last week’s summer Budget could in fact make the UK’s shortage of housing even worse, according to a...

13 July 2015

From: Breaking News

Preparation is key to best mortgage deals, Equifax says

Would-be borrowers should ensure they are “mortgage ready” before applying for a loan, according to credit-reference firm Equifax. The company said that,...

10 July 2015

From: Breaking News

Property market returns to growth, says Halifax

A lack of supply of homes has translated into rising housing market values according to the latest Halifax House Price Index. The...

09 July 2015

From: Breaking News

First-time buyers could benefit from Budget plans

The availability of property for first-time buyers could be increased if the Conservatives go ahead with plans to raise the inheritance...

08 July 2015

From: Breaking News

Surge in number of first-time buyer mortgages

The number of home loans available to first-time property buyers has risen to its highest level since before the start of...

07 July 2015

From: Breaking News

First-time buyers account for half of mortgages

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...

03 July 2015

From: Breaking News

UK house prices fall in June

Brokers remain confident that house prices will continue to rise this year despite new figures showing a fall of 0.2% in June. The surprise price...

03 July 2015

From: Breaking News

Buy-to-let threatens UK economy

The Bank of England has warned that the booming buy-to-let market poses a threat to the financial stability of the UK. It...

03 July 2015

From: Breaking News

Remortgagers dash to raise cash

Almost one third of borrowers who remortgaged in May increased the size of their mortgage to release cash for spending or...

02 July 2015

From: Breaking News

Brokers struggle to gain FCA approval

A large majority of asset finance brokers say that they have found it difficult to gain authorisation from the Financial Conduct...

01 July 2015

From: Breaking News

Dramatic surge in fee-free mortgages

The number of fee-free mortgages has quadrupled in the last five years and could shortly break the 1,000 mark, new figures...

30 June 2015

From: Breaking News

London prices leap £23,000 in a month

London house prices surged in May to add £23,132 to the value of the average home, new figures show. The capital's property...

30 June 2015

From: Breaking News

House prices close in on all-time peak

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

29 June 2015

From: Breaking News

Mortgage lending soars to post-crisis high

Mortgage borrowing jumped to a six-year high in May and average deposits also hit a new post-recession peak, new figures show. Deposits have...

26 June 2015

From: Breaking News

Buy-to-let rents rise as supply falls

Landlord income from buy-to-let income is rising again as demand from tenants outstrips the plunging supply of rental property. The number of...

26 June 2015

From: Breaking News

Is Scotland’s Housing Market Better Together?

Scotland has voted to stay in the union – at least for now – and one question that investors will have...

25 June 2015

From: Sponsored Content

Know the Risks with Buy-to-Let Property

Recent surveys showed UK rental prices have hit a record high and it shows no slowing down. According to the figures, landlords...

25 June 2015

From: Sponsored Content

Housing market riding high

Mortgage approvals hit a 14-month high in May after rising 4% year-on-year, according to new figures from the British Bankers' Association. It said 42,530 mortgages...

25 June 2015

From: Breaking News

Pension freedoms drive buy-to-let growth

The number of buy-to-let mortgages increased sharply in the first month following Chancellor George Osborne's pension freedom revolution. The choice of deals has...

24 June 2015

From: Breaking News

Bridging grows while mortgage market shrinks

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

23 June 2015

From: Breaking News