Archive

Only a quarter (27%) of UK adults have sought financial advice ahead of ‘freedom day’ despite Covid-19 causing financial uncertainty, according...

Brokers are searching for applications that will not leave a lasting mark on a client's credit score, new research from Knowledge Bank...

Existing and aspiring homeowners admit it takes a ‘radical change in circumstances’ before they’d consider purchasing a financial protection product, according...

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

The Covid-19 pandemic has impacted the housing market in a major way and has only added pressure for banks to give...

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...

Some 26% of homeowners, or those buying a property, have missed a mortgage payment due to falling ill or having an...

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

The total value of new mortgages set to be handed out in the coming months reached its highest level since 2007...

Adviser-facing resources have been released in recognition of the equity market predicted to pick up in 2021. Pure Retirement has put together a...

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

Landbay has launched a new range of products dedicated to non-portfolio landlords looking to invest in buy-to-let properties. The new range is...

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 Nottingham has rolled out a new five-year fixed product as an option for people looking to remortgage in light of...

Almost half (45%) of UK buyers found the process so frustrating that they’ve been put off the idea of ever moving...

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

More than one in four (29%) of buyers don’t believe their credit score is ‘good’ or ‘excellent’, according to specialist mortgage...

As we leave behind one of the strangest years in memory, we anticipate starting fresh in 2021. With a buoyant housing...

Equity Release Supermarket (ERS) has reported the behavioural shifts and factors still influencing customers due to the ongoing effects of the...

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

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

West One has launched an initiative to support the Bank of Mum and Dad (BoMaD) via its second charge mortgage range. The...

Broker searches for ‘Covid-19: temporary maximum LTV restrictions’ remain in the top five results for the sixth consecutive month, data from...

Brickflow, the UK’s first online search engine for development finance loans, has officially launched. The property technology platform – co-founded by Ian...

The Society of Mortgage Professionals has urged brokers concerned that a customer is attempting to commit mortgage application fraud to under...

Legal & General has acquired a 20% stake in the Australian lifetime mortgage business, Household Capital, through its ‘Retail Retirement’ division...

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

Pure Retirement has started the new year by making changes to its heritage range criteria, aiming to give consumers more choice...

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

Mortgage applications will soon be as simple as buying car insurance for many borrowers, as technology begins to revolutionise the housing...

Utilising just 41.4% of Britain’s empty homes could house the homeless, according to research by estate agent comparison website, GetAgent.co.uk. Shelter estimates...

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

Right to Buy became one of the most-searched for criteria by brokers for the first time in July, according to Knowledge...

Property investment company Cogress has launched its Innovative Finance ISA (‘IFISA’) in a move to diversify IFISA-eligible bonds. With a minimum investment...

Over a third of people who purchased their mortgage direct from a lender have no protection policy in place, the latest...

Knight Frank Finance has launched a later life finance team, making it the first major player in the property sector to...

The Bank of Mum and Dad (BoMaD) is currently spending an average of £6,000 more than in 2018 to help loved...

Stamp Duty Land Tax (SDLT) in its current form is a ‘major obstacle’ to the housing market, particularly for older people...

Trussle, the UK’s first online mortgage broker, is campaigning for fairer mortgages. The company has launched a manifesto which seeks to champion...

Over-55s now make up nearly 200,000 owner occupier housing transactions in England each year, according to the latest study from the...

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...

Average property prices in the three months to October were 1.5% higher than in the same three months a year ago,...

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

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

The Bank of Mum and Dad is now seeking financial advice and guidance, according to new research from Key. The independent equity...

Homeowners are ageing at a faster rate than the UK population as developments in post-retirement lending put a strain on the...

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

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

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

Lenders must say what they mean and mean what they say! And that includes not offering a silly low monthly rate...

Hanley Economic Building Society has introduced two criteria changes across its near prime product range. Borrowers who have been in a Debt...

North-East-based mortgage services firm BH Mortgages has appointed Niamh Taylor as case and business administrator. Launched in 2016 as part of the...

Nationwide is the latest building society to join the Equity Release Council (The Council) following its introduction to the lifetime mortgage...

Information on the impact of general data protection (GDPR) and how advisers can create their own digital customer experience are just...

Approximately 1,000 advisers have now passed the RQF Level 4 certificate in Advanced Mortgage Advice, according to The Society of Mortgage...

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

Up to 18% of homeowner’s ready to climb the property ladder find it harder than buying their first home, according to...

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

President Trump’s withdrawal from the Paris agreement earlier this year doesn’t seem to have put a dent in a basic architectural...

TMA Mortgage Club is giving its members an exclusive fee-free 75% LTV discount rate deal following its partnership with The Melton...

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

The Association of Short Term Lenders has announced the first two speakers - Lorna O’Brien of the Financial Conduct Authority (FCA)...

Research from Lloyds Bank Private Banking shows that the total household wealth in the UK reached an estimated £10.5 trillion in...

A study revealed that a third of young people would choose to buy and live in a caravan if they couldn’t...

Legal & General has announced its development of Inspired Villages Group, an operator of later living accommodation which formed out of...

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...

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...

Tenet, a Leeds-based mortgage adviser support group, has announced a new partnership with specialist lender Vida Homeloans, the latest in a...

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

A significant rise in people re-mortgaging to improve their existing homes could hit the new-build property market during 2017, mortgage broker...

In response to last week's Housing White Paper, mortgage management firm Computershare Loan Services has urged the government to make sure...

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

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

The Intermediary Mortgage Lenders Association (IMLA) is on the lookout for a new executive director.  The news follows Peter Williams' announcement that...

The UK House Price Index for November 2016 revealed an annual price rise of 6.7%, taking the overall average property value...

Annual house price growth slowed in October, according to the latest Nationwide House Price Index. It fell from 5.3% in September...

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

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

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

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

The average London property may come with an eye-watering price tag of £550,000 but the real cost of buying is even...

Housing market sentiment remains strong with most owners optimistic about the future despite market uncertainties, new research shows. Households in all UK...

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

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

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

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 surging remortgaging sector has helped to offset April's seasonal housing market slowdown, new figures show. Total valuations carried out in April rose...

Government-backed plans to impose new restrictions on the availability of buy-to-let mortgages are likely to be bad news for tenants. That is...

New data showing a sharp decline in property affordability in the UK capital will put pressure on the new London mayor...

A new report from Halifax has found that delays in getting on to the property ladder could force many people 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...

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...

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 housing market is facing a “climate of uncertainty” as the UK waves goodbye to buy-to-let boom, according to the Royal...

House price inflation has hit double digits for the first time in almost two years with prices rising more than £20,000 in the...

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...

Brokers have welcomed latest Bank of England statistics that show a jump in mortgage approvals in February. The increase was partly down to...

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

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

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

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...

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...

House purchase values rose 20% in the final quarter of 2015 yet there was also a worrying drop in higher-LTV lending. The...

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...

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

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 Brexit referendum is adding to housing market uncertainty which has seen a 2% drop in sales in major UK cities,...

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

Almost one in three "millennials" still with live with their families and almost one in 10 say they will never own a...

UK house prices could drop by 5% if the UK votes to leave the EU in the referendum on 23 June. Prime...

The number of million pound properties in the UK will more than triple by 2030, new research suggests By that date, one...

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...

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

Legal & General Mortgage Club has posted 15% sales growth to make 2015 another record year. It pinned its £46 billion of sales...

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

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...

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

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...

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

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...

UK house prices leapt by 7.7% in the year to November after rising at the fastest rate for eight months. This compares...

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

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

2016 will be a critical year for the property market as we see the impact of the global economic slowdown and...

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...

Brokers say the housing market is "buzzing" as latest Halifax figures show activity rebounded in December. Prices rose 1.7% in December, reversing...

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%...

Mortgage approvals for house purchases rose again in November as the market defied a seasonal winter slowdown. Loan approvals for house purchases...

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

The UK housing market is in for a bumpy ride next year as new property taxes hit sales and prices. Higher stamp...

House prices are set to soar 50% and rents more than 25% over the next 10 years, new figures suggest. The proportion...

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

The IMF has warned that the UK's unbalanced housing market could threaten future economic growth. It said the UK economy is on...

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...

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

House price growth will slow in 2016 as buyers struggle to get on the housing ladder and interest rates potentially rise,...

The Council of mortgage lenders has urged action to make it easier for older and retired people to take out mortgages. The...

Homeowners aged over 55 are sitting on £90,000 more property wealth than they realise thanks to soaring house prices. This extra housing wealth...

Chancellor George Osborne’s stamp duty surcharge could backfire by slashing tax revenues as investors desert the market, experts have warned. Steve Bolton,...

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...

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

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

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

Mortgage experts have warned that Chancellor George Osborne's latest assault on buy-to-let could trigger a housing market "boom and bust". The surcharge was...

Mortgage brokers have attacked the Chancellor’s "truly aggressive attack" on buy-to-let in his Autumn Statement and Spending Review yesterday. George Osborne punished...

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

UK house prices increased by 6.1% in the year to September 2015 with London and the South once again leading the...

November has seen the smallest seasonal drop in new seller asking prices since 2011, setting the scene for higher prices in...

Two new sets of figures published today showing the housing market firing on all cylinders into the autumn. House in England and...

Buy-to-let landlords have driven a massive shift in the property market that has taken a million homes out of residential ownership...

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

The total property wealth of over-55s in England will double to almost £2.5 trillion by 2035, according to new research by Age...

London is on track to be in a house price bubble by 2017, new research suggests. The latest alarm call about the...

A dip in the number of mortgage approvals for house purchases in September was offset by a sharp rise in remortgaging. The Bank...

Equity release has posted the biggest quarterly rise for 11 years as over-55s withdraw a record £5 million of housing wealth...

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

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

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...

Loss of higher rate tax relief and tighter regulation on buy-to-let could harm tenants more than landlords by constraining the supply of rented...

Latest figures show UK house prices slowed in the year to August with annual growth of 5.2%. That is unchanged from July,...

UK housing market activity climbed to its highest level for six months in September. The total number of property valuations was also the...

Last month was the strongest September for home sales since 2007 as the property market enjoyed an Indian summer. The growth was largely...

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...

Growing expectations of a base rate hike have failed to dent the public's confidence in the outlook for house prices. The quarterly Halifax...

HSBC has announced a reduction in a wide range of home loan rates. The bank has cut the cost of a...

The Labour party has outlined plans to impose further cuts to tax breaks for landlords and introduce rent controls to keep...

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...

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 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...

House prices now cost six times income even in the most affordable regions of England and Wales as the affordability crisis worsens. In...

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...

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

Latest figures suggest housing market momentum is getting stronger despite a “wobble” in July that saw a sharp dip in activity. Housing...

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

Equity release lending has surged to an all-time high in the second quarter of this year. The £384.3 million of lending is...

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

The salary of the average homebuyer fell 16% year-on-year in June to £34,584, as improved mortgage affordability boosted lower income borrowers. The...

While the London housing market drove UK growth in 2014, the capital should underperform the rest of the country this year,...

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

Confidence in the outlook for UK house price growth slipped back in June, according to the Halifax Housing Market Confidence Tracker. This...

The government and the Bank of England must not put too much of the blame for a lack of housing supply...

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

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

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

Changes announced in last week’s summer Budget could in fact make the UK’s shortage of housing even worse, according to a...

Buy-to-let landlords could lose thousands of pounds a year after Chancellor George Osborne limited tax relief on mortgage interest payments yesterday's Budget. From...

A lack of supply of homes has translated into rising housing market values according to the latest Halifax House Price Index. The...

Government plans to raise the inheritance tax (IHT) allowance could inflate the housing market by putting greater restrictions on the supply...

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

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...

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...

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

London house prices surged in May to add £23,132 to the value of the average home, new figures show. The capital's property...

Brokers have welcomed new official figures showing that house prices in England and Wales are within a whisker of their all-time high. House...

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

Scotland has voted to stay in the union – at least for now – and one question that investors will have...

Recent figures show that the UK is currently facing a housing shortage, with the lowest number of properties available for sale...

Mortgage approvals hit a 14-month high in May after rising 4% year-on-year, according to new figures from the British Bankers' Association. It said 42,530 mortgages...

Mortgage affordability for people who want to buy a home has hit its highest level for six years. Just one in three...

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...

Young borrowers increasingly expect to be paying their mortgage into retirement as they stretch themselves to get on the housing ladder. Around half of...

Watch the latest weekly video roundup of news from Estate Agent Today and Letting Agent Today, featuring stories on the housing...

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

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...

Watch the latest weekly video roundup of news from Estate Agent Today and Letting Agent Today, featuring stories on a London...