Archive

More rate cuts are being announced by lenders all the time as they vie for business and anticipate the Bank of...

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

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

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

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

The Nationwide has calculated that house buyers with mortgages are now pay far above the long term average. The lender, in its...

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

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

Interest rates for borrowers have been volatile over the past six months, despite no change to the Bank of England base...

Overall, the total value of the UK housing market contracted by 21% in the year to March 2024, on the back...

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

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

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

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

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

UK residents need an average salary of close to £54,000 to purchase a property, according to new research.  The study shows that...

A new survey suggests that almost half a million Britons are set to miss a mortgage payment in the next six...

Five major lenders - NatWest, Barclays, Accord, Leeds Building Society and HSBC - have all announced rate increases so far this...

Mortgage lending has fallen by -28.6% in the past year, according to a new analysis. Octane Capital analysed gross mortgage lending data*...

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

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

Yorkshire Building Society new fee-free offer will enable first-time buyers across England, Scotland or Wales with a £5,000 deposit to purchase...

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

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

Some 40% of residential landlords with a mortgage - fixed, tracker or discount - are due to renew their mortgage rate...

The ‘average’ 25 year mortgage term is increasingly becoming a thing of the past says USwitch. A recent study of the data...

Homebuyer appetites for new-build properties have dipped. Demand dropped 1.1 per cent in the last quarter according to analysis by easyMoney of...

Rightmove says the housing market needs a more innovative mortgage initiative than the 99 per cent idea floated by the government. The...

The buy to let mortgage sector has seen fixed rates fall to their lowest point since September 2022, according to analysis...

Downsizers across England and Wales could unlock an average £305,090 by moving from a four bed to a two bed home,...

There’s been a surge in enthusiasm for energy efficient homes according to research from heat pump advocates OVO. It says that a...

Diverse views have emerged from financial services figures in response to last week’s news that the headline rate of inflation remained...

There are clear signs the commercial property market is adjusting to today’s high interest rate environment according to specialist lender Together. Its...

The number of mortgages offered to home buyers went up from 49,300 in November to 50,500 in December, against the normal...

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

Just under half of mortgage brokers expect to place more limited company buy-to-let business throughout the next 12 months, Paragon Bank...

Respected estate agency and property consultancy Savills is warning that house prices may dip in 2024. In the run-up to Christmas it...

Despite a sharp fall in the number of homes bought by landlords in 2023, the number of limited companies set up...

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

There are growing fears that the hoped-for Bank of England base rate cut this spring - the first off possibly several...

Awareness of green mortgages is dipping among buyers, according to new research. Almost two thirds of mortgage advisers say their clients have...

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

A record number of sellers came to market on Boxing Day 2023 according to Rightmove. The 26 per cent increase in new...

Some 74 per cent of residential buy to let landlords feel confident about the performance of the property market over the...

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

Mortgage rates are predicted to fall next year as lenders take advantage of cheaper funding, after figures show that average swap...

More lenders have green mortgage deals on the market now compared to a year ago, according to the Mortgage Advice Bureau. Some...

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

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

Accord Mortgages is cutting rates on its buy-to-let range in what it calls a bid to “offer better value to brokers...

Some 40 per cent of self-employed individuals think lenders need to be more understanding when it comes to those with complex...

There’s been a sharp decline in household financial confidence in the UK according to the latest UK Finance sentiment survey. The Q3...

Low loan to value ratios from mortgage lenders are leaving an estimated 90,000 new build homes empty across the UK as...

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

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

Knight Frank says a reduction in mortgage costs as early as February - or perhaps more likely in Q2 next year...

First time buyers aged 18 to 34 are primarily relying on advice from family and friends rather than a broker for support on the homebuying process, according to Coventry for...

A new study shows a remarkably low number of people seeking professional financial advice. The report is called State of Flux and...

The first time buyer economy, comprised of lending and spending, will reach £74.1 billion by 2025, according to research by Coventry...

Global credit intelligence provider Pepper Advantage, which has a 100,000+ UK residential mortgage portfolio, says arrears in this country have seen...

Tomorrow’s King’s Speech, setting out the legislative agenda for the coming year, looks certain to include leasehold reform - and the...

Landlords need greater support from mortgage advisers in order to navigate the best course through the current economic climate. That’s according to...

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

There are growing fears of yet another Bank of England base rate rise next month following the surprise inflation figure released...

The buy-to-let sector has seen fixed rates fall and product choice grow month-on-month, according to the latest analysis by Moneyfactscompare. Overall buy-to-let...

A depressing 64 per cent of people have taken out a mortgage or personal loan without fully understanding how it works,...

New data from Experian reveals that one in four mortgages lent to those under 30 now have a term of 35...

Despite the housing market slowdown, brokers are being warned that the autumn months of September, October and November have typically seen...

An estimated seven million UK households are struggling to keep up with their rent or mortgage payments, Which? warns, with millions...

The interest rate on the average five-year fixed mortgage has dropped below 6.0 per cent for the first time in nearly...

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

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

Pressure on mortgage holders is leaving Briton struggling to cope with their mental and physical health according to a wellbeing service...

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

UK mortgage customers are turning to fixed rates and lump-sum payments as interest rates rise, according to new research by Butterfield...

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

Plans to ban cold calls for financial products are the subject of a consultation marking the next step in delivering the...

Legal & General’s new Ignite platform has seen a rise of 53 per cent in one month for broker searches for...

Mortgage approvals rose by just over three per cent from 49,000 in April to 50,500 in May according to new Bank...

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

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

New seller asking prices rise by just 0.2% (+£890) this month to £366,247, which is notably lower than the average increase...

It’s turning into a buyers’ market as sellers are accepting on average £14,000 or 4% less than their asking price, according...

Accord is once again cuts rates across its residential mortgage range by between 0.15% and 0.25%, at a time when market...

Accord Mortgages is making further changes to its buy-to-let and residential rates. For the second time in as many weeks, buy to...

Gifts and loans from the Bank of Mum & Dad (BOMAD) totalled £8.8 billion in 2022, according to the latest analysis...

People aged 18-24 are more than twice as likely to choose a tracker mortgage than any other age group Those 55 or...

The Bank of England last week hiked interest rates by 0.5 percentage points - pushing the benchmark rate to 4% up...

Mortgage holders swallowed another bitter pill last week when the Bank of England raised interest rates for the tenth consecutive time. The...

Homebuyer confidence is higher than was expected at the end of 2022, according to a leading mortgage broker. Richard Campo, founder of...

Accord Mortgages has made changes to its buy-to-let range to offer lower rates to brokers and their clients. The intermediary-only lender is...

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

A possible surge in defaults due to economic headwinds should result in lenders reviewing their loan books and underlying security, according...

THE increase in growth announced is a “very welcome” tonic for the housing sector, according to a leading property association. The National...

There has been a a sharp increase in the number of property fall-throughs, according to House Buyer Bureau. Their latest industry index...

According to property purchasing specialist, House Buyer Bureau, there has been a flurry of homeowners rushing to list their properties for...

With the festive season around the corner, many homeowners are itching to pull out the stops with their Christmas decorations.  According to...

Barrows and Forrester reveal that the level of homes being snapped up within two weeks of being listed has fallen to 6.8%....

Property maintenance solution provider, Help me Fix, has uncovered some interesting details regarding greenhouse gas emissions among residential properties. The research shows that...

House Buyer Bureau reveal that transactions could drop by 17% in spring 2023 next year. The property purchasing specialist claim that the...