The latest housing market snapshot from the Royal Institution of Chartered Surveyors shows the number of buyers has risen for the...
Archive
The ‘average’ 25 year mortgage term is increasingly becoming a thing of the past says USwitch. A recent study of the data...
13 March 2024
From: Breaking News
New data from Zoopla suggests that the housing market is becoming buoyant despite widespread uncertainty over the exact direction of mortgage...
13 March 2024
From: Breaking News
A new study has revealed the best and worst UK regions for first-time buyers based on house affordability and earning potential. The...
13 March 2024
From: Breaking News
April Mortgages has struck a deal for new technology to help it introduce Dutch-style loans into the UK. The new mortgage type...
11 March 2024
From: Breaking News
Homebuyer appetites for new-build properties have dipped. Demand dropped 1.1 per cent in the last quarter according to analysis by easyMoney of...
11 March 2024
From: Breaking News
Rightmove says the housing market needs a more innovative mortgage initiative than the 99 per cent idea floated by the government. The...
06 March 2024
From: Breaking News
Last week Halifax - previously an outlier amongst major lenders - announced it was raising rates, following the likes of Santander,...
04 March 2024
From: Breaking News
A survey of 2,000 adults by lender Together sheds light on parental help for first time buyers. It shows that a fifth...
28 February 2024
From: Breaking News
Remortgagers, not buyers, are fuelling the increase in mortgage industry activity. That’s the view of Octane Capital following an analysis of Bank...
28 February 2024
From: Breaking News
Halifax moved entirely in the opposite direction to its rivals at the very end of last week, cutting rates instead of...
26 February 2024
From: Breaking News
The true cost of stamp duty is two thirds greater than the tax itself because it obliges buyers to spend far...
26 February 2024
From: Breaking News
A property agency has analysed the lending and housing markets to work out why so many mortgage applicants are couples. Benham and...
21 February 2024
From: Breaking News
A unique system of returning rent to tenants to allow them to save for a deposit on a property has been...
21 February 2024
From: Breaking News
There’s been a surge in enthusiasm for energy efficient homes according to research from heat pump advocates OVO. It says that a...
21 February 2024
From: Breaking News
A specialist lender claims that first-time buyers could see annual mortgage costs climb by £398 per year, while landlords suffer a...
21 February 2024
From: Breaking News
NatWest has made changes to its product ranges for both new business and existing customers. New borrowers can expect a rate increase...
19 February 2024
From: Breaking News
The latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association reveals that confidence has returned to the mortgage market,...
14 February 2024
From: Breaking News
There were 12,000 first time buyers over the age of 50 in the UK in 2022, the latest figures available. This means that...
14 February 2024
From: Breaking News
By Jonathan Samuels, chief executive of specialist property lender Octane Capital, writes: The Bank of England’s decision to hold interest rates on...
14 February 2024
From: Breaking News
There’s been widespread speculation that the UK is just weeks away from seeing the launch of a Dutch mortgage product with...
12 February 2024
From: Breaking News
Business consultancy Hargreaves Lansdown has identified three major risks associated with the current market, characterised by falling house prices and larger...
07 February 2024
From: Breaking News
The number of mortgages offered to home buyers went up from 49,300 in November to 50,500 in December, against the normal...
05 February 2024
From: Breaking News
Almost two thirds of first time buyers mortgage completions are in joint names (with two or more people), according to the...
05 February 2024
From: Breaking News
New research indicates that the Bank of Mum and Dad may not be as prevalent as it once was, with the...
31 January 2024
From: Breaking News
Respected estate agency and property consultancy Savills is warning that house prices may dip in 2024. In the run-up to Christmas it...
31 January 2024
From: Breaking News
The UK's largest building society has slashed its cheapest mortgage rate to an eight-month low and significantly under the Bank of...
29 January 2024
From: Breaking News
New research from Aldermore suggests that some 55 per cent of prospective first time buyers are currently seeking to raise a...
29 January 2024
From: Breaking News
Leading agency Knight Frank says demand for new homes is generally robust, dependent upon the location and pricing. It says its regional...
24 January 2024
From: Breaking News
Shadow Chancellor Rachel Reeves says first time buyers could benefit from a "revolution in home ownership" with 25-year fixed-rate mortgages. Reeves says...
22 January 2024
From: Breaking News
The average price of property coming onto the market for sale rises by 1.3 per cent (equivalent to £4,571 for an...
22 January 2024
From: Breaking News
The UK’s residential mortgage market has started 2024 with the biggest choice of products for prospective borrowers in over 15 years. A...
17 January 2024
From: Breaking News
The Family Building Society has commissioned the London School of Economics to explore the UK’s housing. Its report - called A Road...
17 January 2024
From: Breaking News
A high proportion of first time buyers take advantage of some form of assistance when purchasing their initial home. That’s the verdict...
15 January 2024
From: Breaking News
A building society says it is considering ending its policy of lending to buyers of holiday lets. Martese Carton, the director of...
10 January 2024
From: Breaking News
Awareness of green mortgages is dipping among buyers, according to new research. Almost two thirds of mortgage advisers say their clients have...
10 January 2024
From: Breaking News
A record number of sellers came to market on Boxing Day 2023 according to Rightmove. The 26 per cent increase in new...
08 January 2024
From: Breaking News
The Conservatives are working on a series of schemes to help first time buyers to be unveiled at the Budget in...
03 January 2024
From: Breaking News
High end estate agency Savills has issued an update on prime markets in and around London and south east England. And it...
03 January 2024
From: Breaking News
Research from Coventry for Intermediaries has revealed that there is a clear generational difference in attitude when it comes to making...
27 December 2023
From: Breaking News
The number of Londoners leaving the capital to move elsewhere in Britain dropped back sharply in 2023, following two years of...
27 December 2023
From: Breaking News
Since the peak in July, the average five year fixed mortgage rate has reduced from 6.11 to 5.07 per cent while...
18 December 2023
From: Breaking News
Two-year fixed rate mortgages have dipped below six per cent for the first time since June this year. Back in June there...
18 December 2023
From: Breaking News
Some 20 per cent of first time buyers are snapping up mortgages of 35 years or more according to UK Finance. In...
13 December 2023
From: Breaking News
Low loan to value ratios from mortgage lenders are leaving an estimated 90,000 new build homes empty across the UK as...
06 December 2023
From: Breaking News
London accounts for the highest proportion of homebuyers using family inheritance to fund property purchases, according to compliance platform Thirdfort. Some 18...
06 December 2023
From: Breaking News
A growing appetite amongst buyers for family homes is helping to drive London’s high value prime market, an agency claims. Benham and...
06 December 2023
From: Breaking News
Knight Frank says a reduction in mortgage costs as early as February - or perhaps more likely in Q2 next year...
29 November 2023
From: Breaking News
A new analysis of the new build housing market for next year suggests that eventually there will be a bounce, triggered...
29 November 2023
From: Breaking News
The Nationwide wants greater government support for first-time buyers as rising costs delay owning a home. As one of the UK’s biggest...
29 November 2023
From: Breaking News
Nationwide has reduced selected mortgage rates by up to 0.43 per cent across its New Business, Switcher, Additional Borrowing, Existing Customers...
27 November 2023
From: Breaking News
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...
27 November 2023
From: Breaking News
A new 10-point plan from the Home Builders Federation shows how policymakers could act fast to boost the supply of new,...
27 November 2023
From: Breaking News
New data from Legal & General - based on searches to its Ignite platform - suggests a diverse mortgage market during...
22 November 2023
From: Breaking News
Many of the country’s major lenders - and quite a few smaller ones, too - have slashed mortgage rates in response...
20 November 2023
From: Breaking News
The Mortgage Lander is warning that mortgages rates will need to come down more, and faster, to really kick-start the housing...
20 November 2023
From: Breaking News
Some 45 per cent of homebuyers cited in a survey say slow property lawyer response time is a key pain point...
15 November 2023
From: Breaking News
The EY Item Club is warning that the UK is set to experience the slowest two-year mortgage growth in a decade. EY...
13 November 2023
From: Breaking News
The first time buyer economy, comprised of lending and spending, will reach £74.1 billion by 2025, according to research by Coventry...
08 November 2023
From: Breaking News
Rightmove claims that single first-time buyers on an average salary and with a 5.0 per cent deposit could not afford three-quarters...
06 November 2023
From: Breaking News
The UK's largest mortgage lender expects house prices to fall this year and next before rising in 2025. Lloyds Banking Group -...
01 November 2023
From: Breaking News
A range informal media briefings on behalf of the UK government suggest that an extension of the current mortgage guarantee scheme...
30 October 2023
From: Breaking News
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...
30 October 2023
From: Breaking News
Searches for interest-only mortgages rose a hefty 51 per cent in the past month as buyers seek to improve affordability. Research data...
25 October 2023
From: Breaking News
A residential mortgage lender is using AI to help brokers attract more customers as well as engage existing customers. MPowered Mortgages says...
25 October 2023
From: Breaking News
Two prominent UK house builders have warned of sharply reduced volumes in the next year or so as buyers struggle to...
23 October 2023
From: Breaking News
A Bank of England report has expressed concern at the number of homeowners - especially young first time buyers - taking...
18 October 2023
From: Breaking News
The Nationwide says high interest rates are helping to redefine the housing market in terms of transaction volumes and choices of...
11 October 2023
From: Breaking News
Despite the housing market slowdown, brokers are being warned that the autumn months of September, October and November have typically seen...
11 October 2023
From: Breaking News
It’s now the tenth week that average rates of dropped, as the slow but steady downward trend of fixed-mortgage rates continues. As...
09 October 2023
From: Breaking News
The latest industry index on property fall throughs by quick-buy property firm House Buyer Bureau shows the problem accelerating across the...
04 October 2023
From: Breaking News
It’s now one year since former Prime Minister Liz Truss and Chancellor Kwasi Kwarteng’s ill-fated mini-budget, which acted as a catalyst...
04 October 2023
From: Breaking News
A study of 7,000 people by a specialist predicts the UK specialist residential mortgage market will treble to £16 billion by...
04 September 2023
From: Breaking News
Brokers are wanting that the recent Rightmove asking price index does not mean that sellers are necessarily in a position to...
30 August 2023
From: Breaking News
There’s been a flurry of rate cuts from lenders serving all sector of the market as a battle begins for market...
28 August 2023
From: Breaking News
A survey by property portal OnTheMarket suggests that only six per cent of home movers are concerned in any way about...
23 August 2023
From: Breaking News
There is speculation that the recent spate of figures from the UK economy may prompt a war between mortgage providers as...
21 August 2023
From: Breaking News
Finance tech company Twenty7tec has produced mortgage market statistics for July 2023 - and it’s not all bad news… July was the...
16 August 2023
From: Breaking News
Legal & General’s new Ignite platform has seen a rise of 53 per cent in one month for broker searches for...
18 July 2023
From: Breaking News
The latest house price index - this one from the Halifax - has triggered a huge wave of concern about the...
11 July 2023
From: Breaking News
Mortgage approvals rose by just over three per cent from 49,000 in April to 50,500 in May according to new Bank...
04 July 2023
From: Breaking News
Property portal OnTheMarket - the third major portal, behind clear market leaders Rightmove and Zoopla - has launched OnTheMarket Money, a...
20 June 2023
From: Breaking News
Nationwide Building Society has returned to lending at 95 per cent loan to value on non-new build flats. The society reduced its...
13 June 2023
From: Breaking News
After the latest rise in Bank of England Base Rate, mortgage lenders are offering new products to help those struggling to...
23 May 2023
From: Breaking News
New seller asking prices rise by just 0.2% (+£890) this month to £366,247, which is notably lower than the average increase...
25 April 2023
From: Breaking News
It’s turning into a buyers’ market as sellers are accepting on average £14,000 or 4% less than their asking price, according...
25 April 2023
From: Breaking News
Accord is once again cuts rates across its residential mortgage range by between 0.15% and 0.25%, at a time when market...
25 April 2023
From: Breaking News
Autumn 2023 will see the return of the Homebuyer Show Scotland in Glasgow, a dedicated show for Scottish homebuyers looking to...
18 April 2023
From: Breaking News
Accord Mortgages is making further changes to its buy-to-let and residential rates. For the second time in as many weeks, buy to...
04 April 2023
From: Breaking News
Research from eXp UK, the network of personal estate agents, has revealed that in 22 UK cities, house prices are continuing to...
28 March 2023
From: Breaking News
Mortgage interest rates increased by 2.56% in 2022, with a sharp increase from 1.51% in January to a record 4.07% on...
28 March 2023
From: Breaking News
Gifts and loans from the Bank of Mum & Dad (BOMAD) totalled £8.8 billion in 2022, according to the latest analysis...
21 March 2023
From: Breaking News
Saffron Building Society has announced a full product refresh across its mortgage portfolio, focused on helping borrowers in need of larger...
14 March 2023
From: Breaking News
Newcastle Building Society has reported record lendings for 2022 of £586 million. Significant support was provided to Members, clients, and colleagues during...
07 March 2023
From: Breaking News
The latest market analysis by specialist property lending experts, Octane Capital, reveals that recent uncertainty in the property market during the...
14 February 2023
From: Breaking News
MPowered Mortgages, the fintech mortgage lender using AI to speed up and simplify the mortgage journey for homebuyers and re-mortgagers, has...
14 February 2023
From: Breaking News
The Bank of England last week hiked interest rates by 0.5 percentage points - pushing the benchmark rate to 4% up...
07 February 2023
From: Breaking News
Advisers looking to place business with Leek Building Society via Legal & General Mortgage Club will now benefit from access to...
07 February 2023
From: Breaking News
Homebuyer confidence is higher than was expected at the end of 2022, according to a leading mortgage broker. Richard Campo, founder of...