Archive

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 shelf-life of a mortgage product is just 15 days, with lenders increasing fixed rates, says Moneyfacts. Average mortgage rates on...

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

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

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

The latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association reveals that confidence has returned to the mortgage market,...

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...

Global intelligence company Pepper Advantage, which has a portfolio of over 100,000 UK residential mortgages, says there’s been a dramatic increase...

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

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...

The average price of property coming onto the market for sale rises by 1.3 per cent (equivalent to £4,571 for an...

The UK’s residential mortgage market has started 2024 with the biggest choice of products for prospective borrowers in over 15 years. A...

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

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

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

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

Online Mortgage Advisor has conducted a research by looking at how much property prices have outgrown local wages during the past...

The nation’s landlords are responding to higher levels of mortgage interest rates by cutting their borrowing. The research comes from specialist property...

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

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

Belvoir - fast becoming as big a force in financial services as in property - has snapped up a regional mortgage...

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

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

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

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

The latest monthly criteria index from Knowledge Bank highlights the pressing financial difficulties for many in the UK - and with...

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 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...

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

Not the best news for the property sector, as the latest research by Revolution Brokers, shows that the monthly cost of...

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

According to the latest research by Revolution Brokers, £251 billion worth of properties have sold across England. The mortgage sector accounts...

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

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...

This article originally appeared on Estate Agent Today last week, but is reproduced here in full as is likely to be...

Mortgage approval levels could climb right through until Christmas as the pandemic property market boom shows little sign of slowing, new...

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...

There has been an increase in demand for financing to fund home refurbishment projects over the past six months. That is according...

West One Loans’ buy-to-let (BTL) division has released new products to meet increased demand in the market. The raft of new product...

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

Like most industries impacted by the Covid pandemic, the world of bridging finance has experienced a contradictory, sometimes stormy and altogether...

Searches for ‘self-employed’ and ‘defaults’ became the most popular in December, according to new research from criteria search specialist Knowledge Bank. Knowledge...

Specialist lender Together has raised the maximum loan-to-value (LTV) across its first and second charge mortgage products to 70%. The finance firm...

Knowledge Bank, the UK’s largest criteria search system, is running its popular ’12 Days of Christmas’ campaign for the third year...

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

Paragon’s ‘Commercial Lending’ division provided 100% funding for a customer to acquire a development site with planning permission. The case – which...

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

The self-employed division at Just Mortgages is on track to be 500 brokers strong by January 2022. Speaking at the Just Mortgages...

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

Paragon Banking Group has reported a 41% increase in new lending across all business lines in the last quarter of 2018. With...

Yellow Stone Finance has launched a referral service for intermediaries to place commercial property and business funding cases for brokers who...

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

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

Specialist finance provider Together recorded strong progress and record lending volumes in the quarter to 31 December 2017, with its loan...

Fresh statistics suggest the UK’s mortgage market has been boosted again, with approvals for home lending up month on month and...

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

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

A fall in the mean average value of leads from SMEs in the first six weeks of 2017 seems to suggest...

The UK's first bank built exclusively for mobile has extended its Digital Mortgage Range. Atom Bank has launched a two year...

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...

The UK’s first bank built exclusively for mobile customers has extended its Digital Mortgage range, with 80% LTV and 85% LTV...

The price of the average home in London broke through the £600,000 price barrier in April for the first time, Home values in...

Interest in purchasing buy-to-let properties has collapsed as new tax changes start to bite. The number of people planning to buy a...

Applications for limited company buy-to-let mortgages have soared since December and now make up to one in three new cases. Growth has...

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

More than 150,000 people have become homeowners through the Government’s flagship Help to Buy housing scheme. New official figures show that 80%...

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

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...

The supply of rental properties has fallen to its lowest level for a year and experts warn the Chancellor's tax crackdown...

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,...

It makes sense for first-time buyers to get on the property ladder as they are around £864 a year better off than...

Mortgage brokers have suggested that the wheels may be coming off the buy-to-let bandwagon after new figures showed lending to landlords...

First-time buyers returned in force in December to borrow £4.5 billion, a rise of 18% on one year ago. This also marked a rise of...

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

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...

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

Nationwide Building Society has announced the first mortgage completion by its Help to Buy Isa savers. Savers are free to claim the minimum...

The Bank of England voted to hold interest rates by 9-0 yesterday which means they will stay at 0.5% for a full seven...

Limited company buy-to-let transactions jumped again in January to make up 43% of all new cases, lender figures show. This has helped...

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

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

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

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

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,...

The average house purchase deposit jumped 15% in a year to more than £80,000 in December. This is its highest point since the...

The housing market is facing a buy-to-let "storm" as investors rush to buy property before the stamp duty surcharge comes into...

Buy-to-let lender Fleet Mortgages said that £1.2 billion of business has flowed through its system in its first year of lending. The...

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...

Chancellor George Osborne's looming stamp duty surcharge is driving housing demand as buy-to-let investors rush to beat the tax hike. The latest RICS UK Residential...

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

Market confidence among intermediaries is at a record high due to rising prices, strong remortgage demand and healthy lender funding. The only...

Buy-to-let investors are being charged more for limited company mortgages even though the lending risk is the same. Bracknell based specialist lender...

The prospect of a base rate hike has receded even further after Bank of England governor Mark Carney said now is...

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

House prices in England and Wales have risen by nearly £18,000 in the last year, an average rise of nearly £1,500...