Archive

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

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

An equity release advisory is reflecting on the shifts in equity release usage and behaviour in the first quarter of 2021. Research...

The UK housing market has boomed over the past year, with buyers and sellers benefitting from recent initiatives. But how have...

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

Multiply AI, a fully automated financial adviser app, has partnered with digital mortgage broker Mojo to provide the first end-to-end digital...

With tomorrow’s Budget expected to be one of the most significant in recent history, fresh research by MoneySuperMarket reveals 74% of...

Older homeowners gifted an average of £42,500 to younger relatives to help them get on the property ladder in 2020, new...

The time it’s taking for first-time buyers (FTBs) to save for their first home has grown by three years in some...

2021 looks set to be another year of change in the mortgage market, with the second charge market seeing the biggest...

The majority (83%) of first-time buyers in the UK currently house-hunting have had no financial support from their parents, new research...

The current stamp duty holiday has already saved homebuyers an estimated £817 million, with the potential to reach £1.5 billion before...

Almost one in three UK adults intended to buy a home in 2020, but only a third managed to progress their...

Complete FS Ltd is working with Roma Finance to provide a brand-new buy-to-let exclusive. After partnering with the bridging, buy-to-let and development...

Creating blogs and articles isn’t always the easiest task for mortgage professionals, particularly when you consider that client meetings, calls and...

Newcastle Intermediaries has launched a range of 85% loan-to-value (LTV) mortgages with rates as low as 2.85%, including no product fees...

A quarter (23%) of homeowners are worried about renewing their mortgage during the pandemic, according to a poll by broker Willow...

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

Saffron for Intermediaries and MCI Mortgage Club have collaborated to offer club members access to the society’s range of specialist mortgage...

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

Foundation Home Loans has added five products to its residential range to provide further options for first-time buyers (FTBs) and home...

Newly-launched brokerage Lloyd Wells Mortgages is aiming to make the homebuying process hassle-free for first-time buyers, buy-to-let investors and remortgagers. The Bristol-based...

Knowledge Bank’s criteria index for February has revealed some surprise results, with some sectors experiencing unprecedented change. It was all change in...

Hinckley & Rugby Building Society has cut the interest rates on three mortgages particularly attractive to first-time buyers. The fee-free mortgages are...

There is evidence of continuing volatility in the mortgage market, with different criteria searches among brokers reaching the top five, according...

The buy-to-let market has remained relatively stable despite the decline in overall mortgage business during Q3 2019, according to Paragon Bank. Its...

Furness for Intermediaries has made reductions across its 95% product range. This includes the two-year fixed rate products, which now start from...

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

Many key indicators for home movers and first-time buyers remained either stable or only marginally changed when compared to the previous...

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

Nottingham Building Society has cemented its position as a leading Cash Lifetime ISA (LISA) provider as it becomes the only society...

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

First-time buyers (FTBs) saw their completion rate for mortgage offers through intermediaries reach a three-year high of 89% in Q4 2018. That...

Data from Moneyfacts UK found the average two-year fixed rate at max 95% loan-to-value (LTV) is at a record low, while...

First-time buyers and existing homeowners capitalised on low rates across the market in October, according to fresh research from e.surv. Its latest...

People aged 18-34 are having to make sacrifices not experienced in previous generations to get onto the property ladder, according to...

First-time buyers and others with small deposits took a greater share of the market last month than in August, according to...

The Intermediary Mortgage Lenders Association (IMLA) is urging government to provide clarity around the future of the Help to Buy Equity...

Tougher lending rules are surfacing after the expansion of the Bank of Mum and Dad (BOMAD) into one of the UK’s...

M&S Bank has extended its maximum loan-to-value (LTV) to 95% on three new products in a bid to further assist first-time...

The Bank of Mum and Dad is very much prevalent, with recent research showing that UK parents will help 316,000 young...

The proportion of sales made to first-time buyers rose by five percentage points to 29% in June, the highest figure recorded...

April saw significant purchasing and remortgaging activity following forecasts suggesting an interest rate rise in May, according to the Mortgage Advice...

Over three quarters (76%) of first-time buyers’ mortgage applications via intermediaries resulted in a completion in Q1 2018, the highest number...

Some 81% of UK homeowners who purchased a home in the last year would consider a mortgage broker if they were...

Specialist mortgage lender for intermediaries Vida Homeloans has announced improved criteria following its full market launch just over a year ago. Vida...

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

A slow but steady start was recorded at the beginning of 2018, in line with numerous industry predictions on how the...

Accord Mortgages has launched five competitive remortgage options for borrowers with a 25%, 20% or 10% deposit. The new remortgage range from...

M&S Bank has launched its first mortgage range and developed a first-time buyer range to support first-time buyers (FTBs). The bank’s first...

Prospective home movers have been active in January and are failing to be put off by Brexit and last year's interest...

The homebuying process and its associated costs is being met with a lack of understanding amongst potential first-time buyers, fresh research...

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

In light of its fifth anniversary as a bank and current account provider, M&S Bank has announced its first mortgage range...

Six in ten parents can afford to financially support their children to buy their first home, while only 5% can pay...

Fresh data from UK Finance has found that borrowing and lending for house sales increased in both value and volume in...

Yorkshire Building Society is launching a range of two-year mortgages to help first-time buyers (FTBs) take their first steps on the...

New data from mortgage lender, Vida Homeloans, found more first-time buyers are seeking lenders for deals that cater to their needs...

Legal & General Mortgage Club has joined Darlington Building Society to introduce exclusive discount mortgages, aimed at first-time buyers, homeowners or...

The Mortgage Hut has seen a year on year rise of 30% in mortgage applications in August despite the traditional seasonal...

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

The number of first-time buyers and buyers of investment properties has fallen in the last two years, My Home Move say. First-time...

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

Bank customers are at risk of paying an extra £400 if they chose not to remortgage after their fixed term deal...

Specialist mortgage lender, Foundation Home Loans, has reformed its buy-to-let range with new first-time landlord products. New five-year fixed rate options will...

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

Brokers are encountering fewer difficulties when sourcing mortgages for clients than at any point since the introduction of the Mortgage Market...

A quarter of young people believe the only way they'll ever own a home is by inheriting cash, research by Halifax has...

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...

The UAE has been named as the best country for first-time buyers, new research carried out by MoveHub has revealed. Based on...

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

An assortment of new fixed-rate mortgages across all its LTV ranges has been launched by Teachers Building Society. Teachers Building Society, which,...

Conveyancing firm My Home Move's latest research has revealed that the appeal of shared ownership schemes has risen by over 130%...

Mortgage affordability is increasing for first-time buyers, home movers and remortgagors, according to the latest index from Mortgage Advice Bureau (MAB). The...

Two lenders have launched new mortgage products with LTVs of over 90%. Furness Building Society has introduced a range of five-year fixed...

Saffron For Intermediaries, part of Saffron Building Society, has announced the launch of three new fixed rate deals for homeowners and...

Two competitive variable rate products for 90% loans have been launched by Furness Building Society. Suitable for first-time buyers as well as...

Following the Bank of England's decision to cut the base rate to 0.25%, a fifth of 18 to 34 year-olds could...

A new report from the Council of Mortgage Lenders (CML) has shown that more mortgages were handed to first-time buyers in...

Tipton has launched a new shared ownership range, including mortgages available throughout England and Wales up to 90% of the share...

Data published this week by the Resolution Foundation confirms the continuation of the downward trend in home ownership in the UK.  Since 2003...

Skipton Building Society has removed its maximum loan size cap for first-time buyers. It said this follows a 20% increase in UK house...

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

Gross mortgage lending fell 29% in April following the rush to beat the new stamp duty surcharge on buy-to-lets and second...

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

One in seven mortgage and remortgage customers are racing to complete their application before the EU referendum on 23 June. More than...

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...

First-time buyers are "increasingly desperate" to buy a place of their own as the housing crisis deepens, new research shows. Today, 73%...

Nationwide has announced that it is cutting fixed rates on smaller deposit mortgages. The building society is reducing selected fixed rate mortgages...

Barclays Bank has this week introduced a new 100% loan-to-value mortgage, aimed at helping struggling first-time buyers get onto the property...

The cost of servicing a mortgage for buyers with small deposits has fallen sharply over the past 12 months, according to...

Two sets of industry data published yesterday suggest that house price growth is finally starting to slow. Nationwide's figures showed annual house price...

First-time buyer activity grew strongly in March as they fought back against property investors. Total first-time buyer transactions 32,500, the highest monthly...

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...

Halifax has launched a 1% cashback offer for first-time buyers and home movers across its mortgage range. First-time buyers and home movers...

Lloyds Bank has unveiled a new “hassle-free” mortgage designed to make moving easier and cover the upfront costs. The deal includes free...

April 19 is UK Mortgage Freedom Day, the date when the average new borrower will have earned enough to pay off...

Single first-time buyers and couples can significantly cut the time it takes to save for a deposit by moving back in...

Lending to both residential buyers and property investors soared over the last year but experts warn there is a slowdown 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...

March saw a sharp drop in buy-to-let valuations activity as landlords ran out of time to beat the stamp duty surcharge on 1 April. Valuation activity dropped...

Kensington Mortgages has increased the maximum loan limits for first-time buyers and buy-to-let mortgages.  The specialist lender has raised the maximum loan...

The number of people buying their first home has grown almost 7% over the past year despite growing concerns over affordability. The...

Single first-time buyers and England and Wales need 13 years to save for a deposit - rising to his 46 years...

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

First-time buyers applying for their first mortgage lack knowledge about the application process and risk being rejected as a result. Almost half...

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...

Property experts have warned that Chancellor George Osborne's new Lifetime Isa will do nothing to solve housing supply and affordability problems. From April...

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

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 rapid growth of the buy-to-let market during 2015 has come at the expense of first-time buyers, new research shows. Buy-to-let grew...

New evidence suggests that only high-earning first-time buyers are able to afford their first properties, leaving the rest behind. The gap between...

House prices leapt by 2.5% in January to mark the biggest monthly upswing for 14 years, Land Registry figures show. The average...

Tax experts have urged the Government to scrap the stamp duty surcharge for parents helping their children become first-time buyers. Chancellor George...

The number of high-LTV deals aimed at first-time buyers is almost back at pre-financial crisis levels. Mortgages at 90% and 95% LTV...

The ability to buy an average home in England and Wales improved everywhere last year except in the South East. First-time buyers...

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

Building society mortgage approvals totalled £57.8 billion in 2015, a rise of 10% by value over the year. The mutual sector now...

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

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...

Accord Mortgages and Leeds Building Society have launched new five-year fixed-rate mortgages with added incentives. Intermediary-only lender Accord’s deals are aimed at borrowers...

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

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...

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...

Accord Mortgages is giving first-time buyers an extra £500 cashback when they complete on a mortgage. All first-time buyers completing on fixed...

Yorkshire Building Society is handing first-time buyers an extra £500 cashback when they complete on a mortgage. The cashback is designed to...

First-time buyers staged a fighting comeback in 2015 to make up more than two-fifths of all buyers, new figures show. Last year,...

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

Barclays has unveiled a selection of new residential mortgage products and reduced rates on a further 13 mortgage products. It said the...

Construction industry output fell by 0.5% in November to put even greater pressure on the UK housing market. The shortage of properties...

Mortgage brokers have backed new research from Halifax showing that one in four first-time buyers are now taking out longer mortgage...

The number of first-time buyers topped 300,000 in 2015 for the second year in a row, new figures show. This is a...

The surcharge on stamp duty for investors and second homeowners will spark a mini-boom in property prices, a new survey says. Six out...

Nationwide is cutting selected deals by up to 0.40% across its range of 95% LTV fixed rate mortgages from today. Its two-year 95%...

The number of first-time buyers rose by almost a quarter in 2015 despite growing fears that they are being squeezed out...

Continuing property growth will push prices beyond the reach of low to middle earners next year. 2016 will prove a growing struggle...

The property market is set for a strong finish to 2015 after a healthy 8% rise in house purchase lending in...

House purchase lending has leapt almost 20% in the past 12 months but first-time buyers remain locked out of the booming...

First-time buyer activity jumped in November with a 31% year-on-year rise in valuations. This was slightly higher than the increasing overall housing...

Life is getting easier for first-time buyers as barriers to homeownership fall and government schemes help more climb on the property...

George Osborne’s stamp duty reforms announced last December have saved home buyers £1.9 billion in the last year. The average saving since Osborne...

House sales to first time buyers accounted for nearly a third of total sales in October, the highest proportion since August...

Santander has joined the growing list of banks and building societies that are announcing the rates on their Help to Buy...

Property market experts have warned that the forthcoming buy-to-let surcharge on stamp duty will trigger a shortlived scramble for property in...

Leading lenders Halifax and Nationwide have announced how much interest they will be paying on their Help to Buy Isas. The new...

New Land Registry figures showed house prices in England and Wales rising a healthy 5.6% in the year to October, taking...

Life remains tough for first-time buyers with a shock fall in completions in the three months to October. The new figures underline the...

The Chancellor's pledge to build 400,000 new homes and support young buyers in London have been welcomed by the property industry but...

First-time buyers are unimpressed by the Government’s Help to Buy Isa initiative with almost half expected to shun the plan. That is...

TSB has launched a competitive 10-year fixed rate mortgage and cut rates on other deals by up to 0.25%. The new 10-year...

New figures show that the UK tax rate on buy-to-let investments is already higher than in many other countries, even before Chancellor George...

The Co-operative Bank has cut rates across its range of more than 80 mortgage options for both new and existing borrowers...

First-time buyers need to earn on average £50,000 a year to get on the property ladder, new research suggests. The average salary...

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

Broker-only lender Accord and Coventry for Intermediaries are the latest to cut mortgage rates as the lender price war continues. Accord is...

Ipswich Building Society has reviewed its mortgage range and is introducing six new deals with immediate effect. It aims to continue its...

First-time buyers accounted for 29% of total sales in September, a rise of 45% compared to August. The National Association of Estate...

The mortgage price war for higher-LTV loans has intensified with Yorkshire Building Society launching a 3.78% two-year fixed rate mortgage for...

Nearly half of Britons believe that homeownership is now an unrealistic dream, a new study shows. One in 10 Brits expects to be...

Barclays is launching fee-free mortgages with up to £1,000 in cash back from today. Its new purchase-only products are available on LTVs from 60% to...

Halifax is offering first-time buyers and homemovers a £500 giftcard to spend in Currys and PC World. The offer is available to...

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

Just 12% of UK adults believe access to mortgages has improved in the past five years, despite recent moves to open...

More lenders have unveiled mortgage rate cuts as they look to boost business levels in the final months of 2015. Chelsea Building...

More lenders are announced cut-price mortgage deals just days after predictions that the market was heading for a new price war. Tesco...

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...

Nationwide has announced a string of cuts to its fixed-rate range just one day after analysts warned of yet another mortgage price...

Three lenders have launched new residential mortgages aimed at buyers needing higher loan-to-value (LTV) deals. Yorkshire, Leeds and Teachers building societies have...

The cost of taking the first step on the property ladder is soaring according to new figures from estate agent chain...

Potential increases in the Bank of England base rate and knock-on effects on mortgage costs should not worry most homeowners, a...

First-time buyers enjoy their strongest summer on record as sales picked up 25% in the aftermath of the general election. There were...

August was the strongest month for gross mortgage lending since the financial crisis with loans totalling £20 billion. That is 12% higher...

UK house prices rose by 5.2% over the last year helped by the return of the first-time buyer. The annual pace of...

First-time buyers with relatively small deposits are finding it increasingly hard to get on the property ladder, new research shows. The typical...

The large majority of brokers and lenders fear that new EU regulations may hit UK mortgage lending. New research shows that 74% of...

Nationwide is aiming to boost first-time buyer mortgage lending with £1 billion of new low deposit products. It is launching a range...

The number of first-time buyer sales rose nearly 5% in July to hit the highest figure since the recession. There were 29,700...

The Royal Institution of Chartered Surveyors is calling on the industry to help young first-time buyers understand the process of buying...

The number of homes coming onto the UK property market has surged to its highest level since 2010, new figures show. Nearly...

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 cost of buying a home for first-time buyers is £670 a year lower than renting, according to new research by...

First-time buyers are £2,000 better off thanks to a sharp drop in rates on 95% LTV mortgages over the past two...

New families can't afford to move up the property ladder in more than 95% of UK towns. New research published today shows they...

Halifax has this week introduced a new online service which will allow potential customers to receive a mortgage agreement in principle...

The number of first-time buyers plunged more than 27% in the year to June, with no sign of a post-election bounce. There...

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

Nationwide Building Society will back the new government-backed Help to Buy Isa from 1 December. The new offering will run alongside its...

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

A fall in the number and value of mortgage deals taken out by first-time buyers in May is a sign this...

Proposals announced last week by Chancellor George Osborne to reform the planning system in the UK may not do enough to...

The availability of property for first-time buyers could be increased if the Conservatives go ahead with plans to raise the inheritance...

The number of home loans available to first-time property buyers has risen to its highest level since before the start of...

Difficulties in putting together deposits and the General Election put a dampener on the number of first-time buyers completing property purchases...

A lack of affordable homes in England’s rural areas has resulted in young people and families being priced out of the...

First-time buyers accounted for nearly half of all mortgage-financed house purchases in the first half of this year. New figures from Halifax show they...

Halifax and Nationwide have both announced rate cuts across a series of mortgage products. Halifax has cut rates on first-time buyer in...

Nationwide has cut its two-year fixed rates for borrowers with smaller deposits by up to 0.25%. And it has made further reductions...

Chelsea Building Society has reduced rates for customers with 10% and 5% deposits, in what it says is a bid to...

Platform has launched a new mortgage range for brokers and with cuts to selected fixed rate mortgages of up to 0.25%. The new rates...

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

Record low interest rates couldn't prevent a decline in lending and house prices in April. UK house prices increased by 5.5% in...

Accord is reducing its mortgages for customers with a 10% deposit by up to 0.25%. The intermediary-only lender, part of Yorkshire Building...

Tesco Bank is cutting rates on its 95% LTV mortgage products aimed at first-time buyers. It claims its new 95% LTV five-year...

Halifax has reduced product rates on its first-time buyer and homemover mortgages by up to 0.31%.  Rates on its two-year fixed rate for...