Archive

The Hinckley & Rugby building society has announced two cuts to rates across its mortgage range in short order.  After rate cuts...

Several of the UK’s biggest lenders have raised rates on their mortgage products this week already, as speculation grows that the...

The mutual has announced a refresh of its product range to ensure it continues to meet the complex needs of today’s...

Keystone Property Finance has expanded its services by introducing further advances for landlords undergoing product transfers. As part of Keystone’s PT Plus...

Chorley Building Society has extensive enhanced its mortgage range with new products for limited company buy to let investors, holiday lets,...

There’s been a bevvy of buy to let mortgage deal changes this week. Shawbrook has made a series of reductions across its...

The majority of buyers and sellers in the prime housing market will not be deterred by the upcoming General Election, claims...

There’s been a huge rise in the number of buy to let property repossessions in the first quarter of 2024 compared...

Recent economic data was reassuringly predictable. We learned that core inflation fell by fractionally more than expected while services inflation proved slightly...

Legal & General Mortgage Club has added April Mortgages to its lender panel, giving additional exposure to April’s long-term fixed-rate remortgage...

A 2,000-person survey has revealed the diverse financial routes that first time buyers take to get on the property ladder. The survey...

Yorkshire Building Society new fee-free offer will enable first-time buyers across England, Scotland or Wales with a £5,000 deposit to purchase...

HSBC used the Easter period to launch its Energy Efficient Homes range, tailored for UK residential first time buyers, home movers...

The average volume of UK properties listed for sale month-on-month rose by 58% in 2023 compared to a year previously, underscoring...

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...

Kent Reliance for Intermediaries - part of the OSB Group - has refreshed products across their residential, buy to let, and...

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

Some 40% of residential landlords with a mortgage - fixed, tracker or discount - are due to renew their mortgage rate...

The Cambridge Building Society has re-introduced top slicing on its standard Buy to Let range up to 80 per cent LTV. This...

Kensington Mortgages has lowered rates and reduced arrangement fees across selected 90 and 95 per cent Loan To Value products. For its...

Foundation Home Loans has launched two HMO products for first-time landlords under its ‘Buy to Let by Foundation’ wrapper. Both are available...

Rightmove says the housing market needs a more innovative mortgage initiative than the 99 per cent idea floated by the government. The...

Last week Halifax - previously an outlier amongst major lenders - announced it was raising rates, following the likes of Santander,...

The buy to let mortgage sector has seen fixed rates fall to their lowest point since September 2022, according to analysis...

Hampshire Trust Bank has launched a limited edition two year discounted Flex tracker across its buy to let and semi-commercial offerings....

Halifax moved entirely in the opposite direction to its rivals at the very end of last week, cutting rates instead of...

NatWest has made changes to its product ranges for both new business and existing customers. New borrowers can expect a rate increase...

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...

There’s been widespread speculation that the UK is just weeks away from seeing the launch of a Dutch mortgage product with...

With the quick-fire mortgage rate cuts which characterised the past month now slipping into the rear-view mirror, the latest changes from...

Business consultancy Hargreaves Lansdown has identified three major risks associated with the current market, characterised by falling house prices and larger...

At the middle of last week Nationwide slashed its rates to the most competitive of all in the current lenders price...

The UK's largest building society has slashed its cheapest mortgage rate to an eight-month low and significantly under the Bank of...

London estate agency Foxtons says its latest survey shows a major uptick in the confidence of potential sellers.  While 38 per cent...

The Suffolk Building Society has launched new mortgage products aimed at private landlords who are planning refurbishments, such as a new...

Shadow Chancellor Rachel Reeves says first time buyers could benefit from a "revolution in home ownership" with 25-year fixed-rate mortgages. Reeves says...

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

The war between rival mortgage lenders continues with Halifax late last week undertaking its second re-price of the year (and it’s...

A high proportion of first time buyers take advantage of some form of assistance when purchasing their initial home. That’s the verdict...

There’s no prospect of a rapid recovery for the housing market in 2024 despite some green shoots appearing. The warning comes from...

The Conservatives are working on a series of schemes to help first time buyers to be unveiled at the Budget in...

Monthly interest costs have surged by 283 per cent since 2021 for landlords using interest-only mortgages, research shows. Octane Capital compared rates...

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...

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

Since the peak in July, the average five year fixed mortgage rate has reduced from 6.11 to 5.07 per cent while...

Two-year fixed rate mortgages have dipped below six per cent for the first time since June this year. Back in June there...

Many landlords say they’re set to expand investments in 2024 despite facing up to 80 per cent higher costs in the...

Lenders are offering more fixed deals with incentives since the start of last month - November - but analysis by Moneyfactscompare...

Nationwide has reduced selected mortgage rates by up to 0.43 per cent across its New Business, Switcher, Additional Borrowing, Existing Customers...

The average five-year fixed mortgage rate is now 5.21%, down from 5.62% a year ago The average two-year fixed mortgage rate is...

Many of the country’s major lenders - and quite a few smaller ones, too - have slashed mortgage rates in response...

A digital mortgage broker has launched an online tool aggregating data from over 50 Buy to Let lenders to calculate what...

Rightmove claims that single first-time buyers on an average salary and with a 5.0 per cent deposit could not afford three-quarters...

The Bank of England has held base rate at 5.25 per cent, with most analysts saying this is likely to be...

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...

A host of lenders have announced cuts to their rates in recent days, with Halifax arguably the most significant. It’s launched three-year...

Landlords in the UK are paying 40 per cent more mortgage interest than in August 2022, which equates to an extra...

Skipton Building Society has made what some brokers call an “unprecedented move” by offering rates for existing borrowers switching products starting...

Analysts suggest that mortgage lending is likely to fall over the rest of 2023 with both demand and supply dropping thanks...

The buy-to-let sector has seen fixed rates fall and product choice grow month-on-month, according to the latest analysis by Moneyfactscompare. Overall buy-to-let...

The Nationwide says high interest rates are helping to redefine the housing market in terms of transaction volumes and choices of...

New data from Experian reveals that one in four mortgages lent to those under 30 now have a term of 35...

It’s now the tenth week that average rates of dropped, as the slow but steady downward trend of fixed-mortgage rates continues.  As...

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...

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...

The interest rate on the average five-year fixed mortgage has dropped below 6.0 per cent for the first time in nearly...

The number of three-year fixed mortgage products available from lenders has been rising over the last few months as borrowers coming...

Brokers have criticised NatWest for allegedly offering a sub-5.0 per cent 60 per cent LTV five -year fixed mortgage rate direct...

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

The jury is out as to whether there will be a rate rise this week when the Bank of England Monetary...

After six consecutive weeks of mortgage rate reductions - and the expectation of more soon - there are hopes of sub-5.0...

UK Finance’s latest Household Finance Review - for the second quarter of this year - lifts the lid on mortgages. The headlines...

There’s been a flurry of rate cuts from lenders serving all sector of the market as a battle begins for market...

High interest rates are worsening the affordability issues at play in the housing market, the Halifax admits. It says that downward pressure...

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

Finance tech company Twenty7tec has produced mortgage market statistics for July 2023 - and it’s not all bad news… July was the...

High profile specialist lender Shawbrook has unveiled two new mortgage products for its Buy to Let, Commercial and Semi-Commercial ranges.  The offerings...

The Bank of England’s latest base rate rise - up 0.25 per cent to 5.25 per cent - has been poorly...

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...

Property portal and end-to-end transaction service OneDome says it wants to acquire more mortgage brokers as it reveals its HomeBuyer service...

After the interest rate volatility, impact on product availability and consequent pressure on advisers, the Intermediary Mortgage Lenders Association and Association...

The latest house price index - this one from the Halifax - has triggered a huge wave of concern about 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...

Companies representing some 85 per cent of all mortgage lending have signed up to a new charter.  The lenders claims they have...

Fleet Mortgages is offering landlord borrowers £1,000 cashback if they improve the Energy Performance Certificate of the property to a C...

Trade body UK Finance has issued a timely reminder to the mortgage lending sector of its obligations to borrowers struggling following...

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

A new analysis by Moneyfactscompare - perhaps still better known by its old name, Moneyfacts - shows precisely how many mortgage...

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

LMS’ Monthly Remortgage Snapshot for April  showed £300 increases for remortgagers last month. Key findings: £300 average monthly payment increase for those who...

Accord is once again cuts rates across its residential mortgage range by between 0.15% and 0.25%, at a time when market...

Accord Mortgages is making further changes to its buy-to-let and residential rates. For the second time in as many weeks, buy 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...

Foundation Home Loans, the intermediary-only specialist lender, has today announced the launch of two new Limited Edition buy-to-let products in its...