Archive

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

Data from Legal & General Mortgage Club’s SmartrCriteria tool found that searches for furlough friendly mortgage criteria continued to fall month...

Some 64% of brokers will adopt a hybrid approach of remote work and face-to-face working despite the lifting of pandemic restrictions. That...

Mortgage and protection advisor Loans Arena has launched a brand-new website and expanded its team to align with its revamped brand. The...

London lettings and estate agent Benham and Reeves recently publicised which London boroughs homebuyers can purchase a property at a reduced...

Broker optimism has increased since the beginning of 2021, according to a recent survey from savings accounts, bridging loans, development finance,...

Roma Finance has launched new bridging and development ranges with improved rates and enhanced criteria. The new bridging range, called RomaPrime, is...

Legal & General has announced the return of its Virtual Summer Conference which takes place today and tomorrow (July 6-7 2021). The...

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

The latest mortgage search activity data from Legal & General Mortgage Club (L&G) shows signs that the market is beginning to...

Equity release lender, more2life, revealed that the number of advisers who attended its 2021 Later Life Lending Symposium was 151% higher than...

2020 was a year when every sector needed to learn how to adapt to challenging circumstances and the mortgage industry seems...

Activity in the housing market continued to increase in March, with Legal & General seeing a record number of searches after...

Mortgage technology expert Mortgage Brain has launched an enhancement to its lender insights offering, available to lenders who use its criteria-based...

New research from Knowledge Bank has revealed that homeowners are utilising second charge mortgages to raise money to invest in buy-to-let...

The market hasn’t paused for breath since the Christmas break, with homebuyer demand rising 6% since the final quarter of 2020,...

Vernon Building Society has announced a new competitively priced mortgage, available up to 90% of the property’s value. The mortgage is designed...

Newbury Building Society has introduced a GoGreen Reward incentive to its self-build mortgage to encourage homebuilders to make conscious sustainable choices. The...

An ‘industry-first’ app has been introduced to connect borrowers to brokers and introducers. Available for free on both iOS and Android, Smartr365’s...

Property buyers in certain cities could enjoy a hat-trick of savings via the stamp duty holiday, a reduced mortgage deposit requirement and...

UK mortgage criteria search system Knowledge Bank has launched new criteria categories amidst growing concerns surrounding properties with cladding. The first category...

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

Specialist short-term lender Hope Capital has launched a brand-new range of bridging loans specifically designed for borrowers undertaking property refurbishment projects. The...

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

General Insurance (GI) provider Paymentshield is predicting a surge in the number of mortgage adviser firms appointing a GI specialist next...

Landbay has increased its loan-to-value (LTV) from 75% to 80% and announced two new buy-to-let products. Both products are available on two...

Results released from Paragon Bank show that specialist buy-to-let (BTL) lending has accounted for 93% of total buy-to-let activity, compared to...

Suros Capital has officially been launched to provide short-term lending facilities specifically aimed at people secured against luxury assets including jewellery,...

Landbay has released two new buy-to-let products on the back of its recent product refresh. The first of the new products is...

Advisers have recently faced a relentless succession of challenges in the attempt to source consistent returns for clients in an environment...

Despite Covid-19, the average mortgage value for purchasers is up 12.4% compared to the same period in 2019, according to data...

A ‘highly unusual’ spike in mortgage searches and applications was seen in August, which increased its five-year average by a whopping...

Hodge Lifetime has lowered the minimum age of its residential interest-only mortgage from 55-plus to 50. This is in line with its...

The increase in portfolio and complex buy-to-let business seen over the past two years is set to continue in 2020, according...

For the third consecutive quarter, the most popular use of a bridging loan was to purchase investment property, according to Bridging...

The time it takes to sell a home across UK cities has hit a three-year high, according to Zoopla. Its September UK...

Mortgage Advice Bureau (MAB) opened the doors to its 30th high street mortgage shop in Dorchester on Thursday 3 October. The opening...

‘Interest-only loans’ have maintained their place in the top five most searched-for criteria in August after making their very first appearance...

The Mortgage Lender (TML) has been appointed to the panel of specialist mortgage desk Master Private Finance. Launched by mortgage and protection...

Interest-only mortgages comprised 20% of new business introduced in Q2 2019, down from 28% is Q2 2007 but significantly higher than...

The number of 40-year mortgages approved jumped over 20-fold in 2018, up from only 162 in 2017, according to ludlowthompson. The London...

Equity release referral business Key Partnerships has released a new report – ‘Introducing the Introducers’ – to celebrate its brand refresh. The...

The World Green Building Council (WorldGBC) Europe network has launched a new report to support the growth of the market so...

Independent equity release advisor Key has announced the expansion of its corporate business development team in response to growing industry demand. More...

Manchester-based bridging and development finance lender, Roma Finance, has secured institutional funding for a medium-term mortgage product. The five-year buy-to-let mortgage is...

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

Leek United has launched a new suite of mortgages including fixed rates with interest only, cashback and no fees options. Its new...

Knowledge Bank has launched a real time management information (MI) product that will give lenders insight into the mortgage criteria that...

Over one in five (22%) consumers said they would want to use a branch-based mortgage advice service, according to a new...

The mortgage industry is failing to keep up with modern borrowers, according to a new study conducted by Together. It revealed that...

Castle Trust has appointed Charissa Chang as business development manager (BDM) for the North. With over 17 years of experience working at...

Demand for bridging loans increased in the third quarter of 2018, according to bridging lender mtf. Its latest Broker Sentiment Survey found...

Mortgage Brain has launched this year’s series of Mortgage Vision events. Now in it’s ninth year and having celebrated a 22% increase...

Brokers using Clever Lending now have access to Pepper Money’s full range of specialist residential and buy-to-let mortgage products. Launched in 2014,...

The proportion of homeowners selling up increased in May, as sellers tried to secure offers before the housing market’s typical summer...

Demand for five-year fixed rate remortgages has fallen to the lowest level since July 2017, according to conveyancing service provider LMS. The...

Secure Trust Bank continues to expand its service, having signed 30 new partnerships during its first 12 months of operation. Launched in...

A diverse set of customer needs from the self-employed are driving demand for specialist residential mortgages, according to Paragon’s Financial Adviser...

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

Short-term lender Alternative Bridging has recently opened a Midlands office, further expanding its business in the region. With its existing broker network...

Kent Reliance has announced three new appointments, which it says will help it cope with increased demand from brokers. The firm, which...

Remortgaging has reached a record high, rising to 39% of all mortgages, according to The Mortgage Hut. The number of remortgages has...

Specialist lender Accord Mortgages has launched interest only repayment options to its residential mortgage range. New borrowers seeking up to 75% loan-to-value...

Nearly seven in ten (69%) mortgage brokers saw an increasing demand for 35-year mortgages, according to the latest research from the...

The latest ‘bubble alert’ from One 77 Mortgages found lending in March 2017 was in decline compared to March last year...

Advice has surfaced from Accord Mortgages on how brokers can reduce house sales delays caused by property valuation set-backs during autumn. Recently,...

The value of specialist mortgage lenders’ annual lending has increased 19% per year since 2009, according to a new report from...

Property lender, LendInvest, has launched the first LendInvest Broker Property Development Course in partnership with the National Association of Commercial Finance...

The Mortgage Hut is aiming to meet growing customer demand for complex property loans by launching a new bridging and commercial...

Due to an increasing demand, Foundation Home Loans is increasing its maximum loan size across its buy-to-let range. Working exclusively through intermediaries,...

Specialist lender Bluestone Mortgages has announced the appointment of Steve Seal as director of sales and distribution as part of its...

Lifetime mortgage lender more 2 life has surpassed £1 billion of lending, along with a substantial total loan book value. According to...

Skipton Building Society is aiming to reduce the rates on its interest only mortgage range. The residential interest only range provides 60%,...

Landlords are being urged to remortgage in order to prepare for the reformed buy-to-let lending criteria due to be introduced in...

First-time buyers accounted for half of all home purchase valuations in July, according to the latest research from Connells Survey &...

Research from Mortgage Advice Bureau Swindon has found that it is cheaper for Swindon tenants to purchase a new property than...

The latest property renovation hotspots list revealed that Barking and Dagenham is the top location for an increase in renovation applications...

Roma Finance, the Manchester-based bridging lender, has announced its most successful half year to 30 June 2017. Four of the six months...

The so-called Bank of Mum and Dad will lend 23% more funds in 2017, putting it on a par with the...

The mortgage market will reach its highest level of gross lending since the financial crisis during 2017, the Intermediary Mortgage Lenders...

The number of properties available to buy through estate agents in March was the lowest level recorded for the third month...

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 latest research from Connells Survey & Valuation has revealed that January saw an increase in the number of first-time buyers...

The Society of Mortgage Professionals (SMP) has announced that it is expanding its roadshow this year from 10 to 12 regional...

Buy-to-let mortgages are becoming increasingly hard to secure, new research has revealed. The majority of brokers surveyed in the latest Broker...

Following the introduction of new lending rules in April 2016, under the Mortgage Market Review (MMR), many banks and building societies...

Rates on first charge buy-to-let mortgages have been reduced by mortgage lender Together. This takes them below 7%, with LTVs of...

Two businesses have announced that they have entered into a strategic partnership to offer Sharia-compliant mortgage alternatives. The partnership is designed to...

The majority of brokers surveyed by Legal & General say they either currently recommend or would recommend later life lending or...

Kent Reliance, part of the OneSavings Bank Group, has announced the launch of its new low mainstream LTV product range. With low...

House prices in the three months to May were 9.2% higher than in the same three months a year earlier, according...

Buy-to-let investors have started selling off properties as Chancellor George Osborne's tax crackdown begins to bite. Demand is also likely to fall...

Lenders remain positive about prospects for the buy-to-let market despite the Chancellor's tax crackdown. This is despite the fact that most expect the market to...

First-time buyer sales soar last month as landlords abandoned the market following the introduction of the new stamp duty surcharge on 1...

The housing market could suffer from construction skills deficit and plunging rental demand if the UK votes to leave the EU...

Barclays Mortgages is cutting rates for home buyers and movers across its two and five-year fixed rate range from today. A new...

The surge in buy-to-let transactions in the run-up to the stamp duty surcharge on 1 April has left first-time buyers facing...

Demand for UK property has dipped for the first time in 12 months in the latest sign of housing market weakness. However,...

UK house price growth slowed more than expected in the three months to April, further evidence of a slowing property market. House prices in...

The average cost of tracker mortgages is on the increase as the result of falling demand from borrowers, according to Moneyfacts.co.uk. The...

The supply of rental properties plunged in the run-up to the new stamp duty surcharge on 1 April and further falls are...

Cash is now king in the prime London market with six out of 10 of purchases made by investors or second-home...

The number of properties for sale jumped by more than half in March as buy-to-let investors exited the market. Demand fell at the...

The Legal & General Mortgage Club delivered a record month in March with completions up 33% year-on-year. Total lending of £4.7bn was...

Asking prices have hit a record high due to the rush of buy-to-let investors looking to beat the stamp duty surcharge. The...

The Bank of England’s monetary policy committee has held interest rates again with a unanimous 9-0 vote yesterday and experts say there is...

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

Leeds Building Society has eased its interest-only criteria and will now accept sale of property as a repayment strategy up to...

Buy-to-let investors were racing to beat the new 3% duty surcharge right up to midnight on 31 March as a frantic first quarter drew...

The joint crackdown on buy-to-let by Chancellor George Osborne and the Bank of England is deterring just 14% of landlords from...

Buy-to-let investors are said to be "storming the housing market" as estate agents report an increase in the numbers trying to...

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...

The average price of a property coming to market in England and Wales has passed £300,000 for the first time. Asking prices...

Chancellor George Osborne's eighth Budget delivered another blow to buy-to-let investors by excluding property from cuts to capital gains tax (CGT) rates. Investors...

Chancellor George Osborne surprised many in the property industry by confirming that larger buy-to-let investors must pay the new 3% stamp duty...

The property industry is calling on Chancellor George Osborne to reform stamp duty and boost housing supply in Wednesday’s Budget, but...

The pace of house price growth has doubled due to a boom in buy-to-let sales ahead of April's stamp duty surcharge, new...

London is likely to remain attractive to overseas buyers regardless of the result of the Brexit referendum. Property buying agency Black Brick...

April's forthcoming stamp duty surcharge on investors has brought the prime central London property market back from the dead. Property demand has...

Two new sets of figures show house prices continue to power upwards but property experts warn a slowdown could be in sight. The...

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,...

Property agencies report a surge in demand for London buy-to-let property ahead of the looming surcharge on stamp duty. But some fear...

The price of property coming to market has leapt by 2.90% this month pushing the average asking price to within a...

The flood of buy-to-let investors looking to beat the forthcoming 3% surcharge on stamp duty is driving house prices even higher...

This year marks 30 years since Mortgage Brain first introduced mortgage software to an unsuspecting industry.  Much has changed since then. M-Day...

Demand for property in London continues to soar as buyers rush to beat April's forthcoming stamp duty surcharge on investment properties. Both new buyer registrations...

The collapse in the supply of houses for sale has forced prices to new highs with an average increase of £3,500...

Mortgage intermediaries are split on the prospects for further growth in the buy-to-let market this year. Brokers are positive about the health...

Leeds Building Society will launch its first Help to Buy London mortgages from on Monday 1 February. The society is among the first...

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...

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

The property market has made a bright start to 2016 with the average home coming to market priced £1,500 higher than...

The housing market is set for its strongest December since 2006 and next year should be equally buoyant, according to Rightmove. Asking...

Business Secretary Sajid Javid promised 2016 would be a year of dialling back the bureaucracy. The government, he said, is committed...

The mortgage market is enjoying a buoyant end to 2015 as two new sets of figures published yesterday show continuing strong...

The buy-to-let market remains in good health ahead of Chancellor George Osborne's tax crackdown, with stable yields and strong tenant demand. Four...

The new surcharge on stamp duty for buy-to-let and second homes is set to cause conveyancing “mayhem” next year. Broker Conveyancing has...

Chancellor George Osborne's assault on the buy-to-let market yesterday could trigger a short-term “spree” as landlords rush to buy property before...

The UK may be in deflation but this has had little impact on buy-to-let rents which leapt by 4.7% over the...

There has been a "surge" in the number of buy-to-let investors considering moving their properties into limited company structures. Brokers are looking to reduce...

British buyers are "emboldened" in the London property market and now account for nearly eight out of 10 new sales. Overseas buyers account...

Demand for buy-to-let is set to soar with each new generation while home ownership will continue to plunge. Fewer than half of those born in...

Investment demand has picked up in prime central London after recent reports of a property slowdown in the capital. Newly-released third-quarter Land...

Half of UK homeowners are now interested in becoming a buy-to-let landlord as returns on rival investments plummet. Stock market volatility is...

UK house prices rose 9.7% in the year to October and should continue climbing over the coming year, according to the...

Just Mortgages has launched a specialist new homes division.  The New Homes Division will cover the whole of England and Wales, launching with...

The London property market is the most overvalued in Europe and is at risk of a bubble due to "explosive price...

Buying and moving into a new house is a stressful business at the best of times, but people invariably add to...

There has been a sharp fall in sales of million pound houses as the top end of the property market continues...

Mortgage lending is enjoying its best spell for seven years after surging 12% year-on-year to £61.4 billion in the third quarter. The...

The property market continued to tick over in September with activity up 5.4% on the same month last year. There were 106,030...

The prime central London property bubble appears to have burst as demand falls and a surge of new stock saturates the market. Demand...

Record high demand for first-time buyer properties has pushed prices up by nearly 10% in the year. Although property prices generally have...

Confidence among buy-to-let landlords remains high despite the threat of new taxes and tough regulatory changes. The latest survey from Paragon Mortgages shows...

The property industry has warned that Prime Minister David Cameron's plan to build 200,000 new starter homes won't be enough to keep...

Two new sets of figures published today show that September was another buoyant month for the housing market. There was a 20% year-on-year...

House prices fell by nearly 1% in September as the annual pace of growth starts to ease off, new figures show. This...

Landlords have been warned of a sharp rise in sub-letting scams as sky-high demand for property gives unscrupulous tenants the opportunity to...

Skipton International has completed 200 UK mortgages allowing British expats to invest in a UK buy-to-let property. The offshore bank, registered in...

The buy-to-let rental market remains in good health with low void periods, climbing yields and robust tenant demand. Paragon Mortgages’ latest private rented...

Residential housing market activity defied the summer slowdown to post strong growth in August. The latest HMRC Property Transactions figures for August 2015...

The number of landlords increasing rents for tenants fell in August, the first drop this year, new figures show. Only one in three...

The price of property coming onto the market has hit a new high after the biggest September rise for 13 years. New...

Nearly one in five landlords plan to buy more buy-to-let properties despite the looming threat of Chancellor George Osborne's tax crackdown. New...

UK house prices rose 9% in the past year after a strong summer that saw prices leap 3% between June and August,...

Two new surveys published today show that the property market scaled new highs yet again in August. The RICS UK Residential Market...

Platform has reduced rates on its buy-to-let mortgage range by up to 0.10%. Highlights include two year fixed rates starting from 2.24%...

The number of house hunters in July hit the highest level in almost 11 years after leaping 5% in a month. The supply of available...

The National Association of Commercial Finance Brokers (NACFB) is holding an interim conference to support the next set of changes that...

UK house prices increased 5.7% in the year to June but London is trailing as the capital's property market continues to...

The appetite for longer-term mortgages is soaring as homebuyers look to stretch out their repayments to make them more affordable, new...

Last month was the strongest July for home sales since 2007 with a rise of 13% on June to 90,000. This is the first time...

Banks are set to launch a new clampdown on buy-to-let in a bid to stop the boom getting out of control. They are looking...

Figures published by the Office for National Statistics show that private rental prices paid by tenants in Great Britain rose by...

The number of house hunters has hit its highest level in 11 years while supply levels are continuing to fall. Sales to...

A sharp drop in new property supply is forcing house prices ever higher with the average asking price now just a...

Demand for mortgage lending has risen to its highest level since the end of 2013, new figures from the Bank of...

Mortgage brokers and property companies have welcomed government proposals to overhaul Britain’s planning laws and increase housebuilding. Chancellor George Osborne announced on...

The number of house-purchase approvals soared past 72,000 in June, the highest level since January 2014. Figures from chartered surveyor e.surv’s Mortgage Monitor...

The number of property valuations rose sharply in June, pointing to a resurgence of growth in the housing market. Figures from Connells...

Brokers remain confident that house prices will continue to rise this year despite new figures showing a fall of 0.2% in June. The surprise price...

Buy-to-let investors remain optimistic about the future as tenant demand continues to rise. New research by specialist buy-to-let lender Paragon Mortgages reveals continued...

Landlord income from buy-to-let income is rising again as demand from tenants outstrips the plunging supply of rental property. The number of...

Mortgage sourcing systems – it’s all about accuracy Since the first mortgage sourcing system was built in 1986, their capabilities, not to...

Excellent buying conditions have lured Britons back into the overseas property market this year, with bargain property prices and historically low...

Metro Bank has launched a new website to make it easier for brokers nationwide to interact with the bank. Accessed via Metro...

Brokers confidence has steadily recovered in the wake of the Mortgage Market Review (MMR) and is nearing an all-time high. The number of...

Help to Buy schemes have created 131 new homeowners every day since April 2013, Housing Minister Brandon Lewis has said. More than...

The price of property coming to market has surged to an all-time high after rising nearly £8,500 in a month. The average...

The property market shrugged off pre-election jitters to jump 1% in April, according to Nationwide. Experts say the housing market is now "a...

Lender First Direct is launching a market leading three-year fixed rate charging 1.68% from today. The mortgage has a £1,450 fee and...