Archive

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

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...

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...

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

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

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...

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

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

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...

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...

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

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...

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...

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

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 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...

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

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 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 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,...

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...

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...

There’s general agreement amongst brokers and other finance sector professionals that the Bank of England will next week raise interest rates...

The Bank of England’s latest stress test of the financial system suggests that UK's eight largest lenders could survive a worst...

Lenders have reported the UK's biggest increase in mortgage defaults since 2009 - and they expect worse to come this autumn. The...

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

Nationwide says the sharp rise in the costs of mortgages is causing a "significant drag" on the housing market - but...

There’s almost complete unanimity amongst analysts that this week will see yet another Bank of England base rate rise - and...

The Bank of England’s monetary policy committee does not meet until June 22 but that doesn’t mean there’s any let up...

A leading analyst is warning that a remortgage nightmare lies await in the second half of 2023. Sarah Coles of business consultancy...

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

Mortgage interest rates increased by 2.56% in 2022, with a sharp increase from 1.51% in January to a record 4.07% on...

Newcastle Building Society has reported record lendings for 2022 of £586 million. Significant support was provided to Members, clients, and colleagues during...

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...

The Monetary Policy Committee of the Bank of England meets on Thursday with the market expecting them to announce 0.5% raise...

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

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

Revolution Brokers claim that bridging loan lending has increased by nearly 50% since the Bank of England base rates began rising...

Mortgage rates in the UK have risen significantly during 2022, which appears to have proven an issue for homeowners hoping to switch...

Since Kwasi Kwarteng's mini-Budget last Friday - which has caused a run on the pound and mass panic in financial markets...

As governmental changes sweep through the nation, countless elements within the property sector have been affected, including mortgages. Market analysis by specialist...

New findings by Revolution Brokers reveal exactly how much more money homeowners and buyers can expect to pay for their mortgage...

Every day on the news we hear more and more about the ever-mounting cost-of-living in the UK, and households are now...

If you’ve ever been to the capital, then you’ll know that there are plenty of high-end homes, some for sale or...

PEXA has announced that Hinckley & Rugby Building Society and Shawbrook Bank will be the first lenders to transact remortgage cases...

The Bank of England has decided to raise the base interest rate from 1.25% to 1.75%, the biggest rate hike for...

An expert mortgage provider has grown its London team with the appointment of a new compliance manager. largemortgageloans.com (LML), a provider of...

A recent change in mortgage rules that required lenders to check whether homeowners could afford repayments at higher interest rates has...

Last week (June 16), the Bank of England increased the base rate by 0.25%, up from 1.00% to 1.25%. In response, Moneyfacts.co.uk...

Despite a strong start of the house price growth this year, the latest analysis from specialist property lending experts, Octane Capital,...

Introducer Today returns with a bumper mortgage roundup, this time featuring the latest industry views on mortgage approvals, new and extended...

When it comes to the money owed as a result of mortgage borrowing in the last 10 years, UK homebuyers have...

As a direct result of the rising cost of living, over half (57%) of Brits are already struggling financially, or expect...

New research from The Mortgage Lender (TML) reveals that 34% of UK adults planning to buy a home in the next...

PEXA, the Australian-founded fintech, has announced its plans to launch in the UK this year, following significant progress in testing its...

The latest Nationwide house price index, released yesterday morning, reveals that January has seen the strongest start to the year since...

In the first mortgage roundup of 2022, Introducer Today takes a look at the latest mortgage news, from Landay’s bolstered Green...

2021 proved to be one of the most hectic years to buy and sell a home. We witnessed prices soaring to...

With the Bank of England raising interest rates for the first time in more than three years, Brian Murphy, head of lending...

Nisha Vaidya, mortgage expert at Uswitch, explains how homeowners can use low-interest rates to their advantage and help make their mortgage more...

According to new research from estate agents Purplebricks, 43% of today’s first-time buyers (FTBs) have fully funded their own deposit. While...

Mortgage technology provider Twenty7Tec has completed an APPLY integration with Accord. The move will enable users of CloudTwenty7 to seamlessly submit applications...

Savings made during lockdown have allowed some borrowers to reduce their debt commitments, with a record £17.6 billion of mortgages repaid...

The total value of new mortgages set to be handed out in the coming months reached its highest level since 2007...

Over the last ten years, the mortgage market in the UK has changed significantly. Alongside increased regulation of the industry, stricter...