Archive

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

Lloyds Banking Group, Nationwide, NatWest - along with Rightmove - have announced a strategic investment in Coadjute, a prominent PropTech business. This...

Fall throughs are costing sellers some £909m a year - and that’s even on recent muted sales figures. Home Sale Pack has...

Almost half (45%) of UK homebuyers would consider using an ethical finance provider that follows Islamic principles, finds Gatehouse Bank. Gatehouse Bank,...

Mortgage approvals jumped 7.7% in February to 60,383, and were 40% higher than they were a year ago, new figures from...

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

The Bank of England has signalled that more than one interest rate cut is likely this year - but the question...

HSBC used the Easter period to launch its Energy Efficient Homes range, tailored for UK residential first time buyers, home movers...

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

There’s been broad support for Santander’s decision that Universal Credit will be considered an acceptable form of secondary income for mortgage...

Since the start of September 2023, the average two-year fixed rate has fallen from 6.70% to 5.76% and the average five-year...

Sharia-compliant digital bank Nomo - part of Bank of London and The Middle East plc (BLME) - has linked with a...

Mortgage lender Halifax is imposing a new 70-year age limit on the terms of its home loans for some borrowers. This has...

Fewer people are concerned about paying their mortgage and fewer believe mortgage affordability is a barrier to home buying.  That’s the verdict...

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

New data from Zoopla suggests that the housing market is becoming buoyant despite widespread uncertainty over the exact direction of mortgage...

The Nationwide Building Society has agreed to buy Virgin Money in a £2.9 billion deal - a rare example of a...

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

The estate agents’ trade body has made the unexpected move of calling on banks to cut mortgage rates. Rates are typically decided...

The chief executive of a specialist business bank has paid tribute to the ‘amazing work’ carried out by its broker network. Gary...

Hampshire Trust Bank has launched a limited edition two year discounted Flex tracker across its buy to let and semi-commercial offerings....

Remortgagers, not buyers, are fuelling the increase in mortgage industry activity. That’s the view of Octane Capital following an analysis of Bank...

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

Nearly four in 10 portfolio landlords, those with four or more properties, plan to increase the size of their portfolios in...

Average mortgage rates on the overall two- and five-year fixed rate deals have now been falling for six consecutive months. The overall...

After reaching the milestone of £250m in 2022, specialist lender Cohort Capital increased originations by 60 per cent in 2023 to...

High street bank Virgin Money UK says there is light at the end of the tunnel for mortgages and the housing...

By Jonathan Samuels, chief executive of specialist property lender Octane Capital, writes: The Bank of England’s decision to hold interest rates on...

Access Financial Services has partnered with Nomo Bank to offer Sharia-compliant property finance for UK rental and residential property. The products address...

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

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

New research indicates that the Bank of Mum and Dad may not be as prevalent as it once was, with the...

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

The UK's largest building society has slashed its cheapest mortgage rate to an eight-month low and significantly under the Bank of...

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

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

Shawbrook has become the first bank in the UK to offer limited companies the ability to remortgage using the digital conveyancing...

The Family Building Society has commissioned the London School of Economics to explore the UK’s housing. Its report - called A Road...

Bank of England governor Andrew Bailey is warning that ‘future shocks’ may yet derail economic recovery. In a session with MPs at...

There’s no prospect of a rapid recovery for the housing market in 2024 despite some green shoots appearing. The warning comes from...

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

A poll of leading economists for London-focussed business newspaper City AM reveals that some believe a Bank of England base cut...

Three high street lenders - Virgin Money, TSB and Skipton Building Society - have joined the commitment to offer mortgages on...

Falling swap rates - already falling over the past month - have dropped further following better-than-expected inflation news, triggering speculation over...

Metro Bank says it will not, after all, be selling its residential mortgage portfolio despite widespread industry speculation that it was...

A warning has been given to borrowers and the home owning public by Paul Broadhead, head of mortgage and housing policy...

Crystal Specialist Finance has conducted its Annual Survey with over 10,000 brokers for the second year running. The point is to see...

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

The Bank of England says there was £18.8 billion of mortgage borrowing in arrears in the third quarter of this year. That’s...

With the Bank of England maintaining base rate - as expected - at 5.25 per cent, the broker community ends 2023...

Homeowners are increasingly researching into mortgage repossessions online, signalling that many are worried about falling behind on their payments. The research by...

Approaching a third of people are struggling to meet loan repayments of all kinds because of the cost of living crisis. That’s...

A report on Sky News says talks are underway for Barclays hto acquire the £3 billion mortgage book of the troubled...

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

A new analysis of the new build housing market for next year suggests that eventually there will be a bounce, triggered...

New data from Legal & General - based on searches to its Ignite platform - suggests a diverse mortgage market during...

Shawbrook Bank has seen a dramatic reduction in the time to process buy to let mortgage offers since rewriting legacy software...

The Mortgage Lander is warning that mortgages rates will need to come down more, and faster, to really kick-start the housing...

Some 45 per cent of homebuyers cited in a survey say slow property lawyer response time is a key pain point...

A new personal guarantee insurance protection service has been launched for professional landlords - triggered by a surge  in incorporation. Purbeck Personal Guarantee...

Homeowners in Wales who are struggling with their mortgages could get loans that are interest-free for the first five years under...

There’s been an alarming set of figures in the Bank of England’s latest Money and Credit report, which relates to September. Net...

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

The Bank of England has held base rate at 5.25 per cent, with most analysts saying this is likely to be...

The UK's largest mortgage lender expects house prices to fall this year and next before rising in 2025. Lloyds Banking Group -...

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

The Bank of England is expected to hold base rate at 5.25 per cent this week with many analysts expecting this...

A range informal media briefings on behalf of the UK government suggest that an extension of the current mortgage guarantee scheme...

Molo, which calls itself the UK’s first fully digital mortgage lender, has launched a Non-Resident Buy-to-Let Mortgages, unlocking investment opportunities for...

Searches for interest-only mortgages rose a hefty 51 per cent in the past month as buyers seek to improve affordability. Research data...

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

A specialist business bank is strengthening its proposition for portfolio landlords with a new Green Reward cashback offer. Redwood Bank says it...

A Bank of England report has expressed concern at the number of homeowners - especially young first time buyers - taking...

Analysts suggest that mortgage lending is likely to fall over the rest of 2023 with both demand and supply dropping thanks...

The Nationwide says high interest rates are helping to redefine the housing market in terms of transaction volumes and choices of...

The crisis hit Metro Bank is in talks to sell off at least a £3 billion portion of its mortgage book. The...

Is the mortgage price war really over? On the one hand there are good signs for the housing market - no substantial...

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...

Metro Bank customers will now benefit from a smoother house buying process thanks to a new partnership with Legal & General...

Atom bank has announced a partnership with climate tech business Kamma to give “an unparalleled view on both the physical and...

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

The jury is out as to whether there will be a rate rise this week when the Bank of England Monetary...

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

New analysis of personal guarantee requests from lenders for Limited Company Buy to Let mortgage, has found that the average personal...

The Bank of England says net mortgage approvals decreased from 54,600 in June to 49,400 in July, although approvals for remortgaging slightly increased...

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...

The number of interest-only (750,000) and part-interest-only (245,000) mortgages has halved since 2015, new Financial Conduct Authority analysis has found.  The fall...

The Co-operative Bank has bagged the entire Sainsbury’s Bank mortgage portfolio of some 3,500 customers with balances of £479m.  Sainsbury’s customers are...

A new analysis suggests that mortgage approval levels will decline by 11 per cent annually come the end of 2023. Octane Capital...

The Bank of England’s monetary policy committee is warning that inflation - which is effectively determining base rate and interest rates...

The Bank of England’s latest base rate rise - up 0.25 per cent to 5.25 per cent - has been poorly...

A series of financial experts give their prediction for next week’s Bank of England monetary policy committee decision - No rise?...

A new survey of 2,000 UK adults has revealed that 50 per cent of those who have applied for a mortgage...

New Freedom of Information data from the FCA - gathered by Quilter, the wealth manager and financial adviser - reveals that...

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

PMS Mortgage Club, in partnership with compliance experts Bankhall, has rolled out a new support service to help mortgage and protection...

A new survey of 2,000 UK adults has revealed that 66 per cent of mortgage holders believe greater flexibility is needed...