A left-wing academic is suggesting that the new UK Labour government should emulate the US and introduce life-long fixed-rate mortgages. Some 90...
Archive
The latest residential sentiment survey from the Royal Institution of Chartered Surveyors suggests a currently-subdued housing market but with a more...
15 July 2024
From: Breaking News
One of the Bank of England monetary policy committee members has advised against a cut in base rate on August 1. Jonathan...
10 July 2024
From: Breaking News
Buyers and sellers had to process a series of different numbers starting with five last week. The crucial number was 5.7%. That...
26 June 2024
From: Breaking News
There’s been particularly sharp criticism for the Bank of England’s decision at the end of last week to hold base rate...
24 June 2024
From: Breaking News
The European Central Bank has cut its key deposit rate to 3.75% - so moving faster than the Bank of England...
10 June 2024
From: Breaking News
Higher-for-longer interest rates are likely to remain for the rest of this year, warns the deVere Group, an independent financial advisory...
05 June 2024
From: Breaking News
Applications from first time buyers have grown by 33% so far this year with FTBs now making up a higher proportion...
03 June 2024
From: Breaking News
Analysis by an estate agency shows that since the 1980s, house prices have climbed by an average of 5.4% in the...
03 June 2024
From: Breaking News
Building societies' mortgage balances grew in the six months between October 2023 and March 2024, when they had declined across the...
03 June 2024
From: Breaking News
There’s a warning that the general election campaign will probably mean that the interest rate cuts hoped for in June will...
28 May 2024
From: Breaking News
UK mortgage lending is forecast to grow just 1.5% (net) in 2024, according to the latest EY ITEM Club Outlook for...
13 May 2024
From: Breaking News
Interest rates for borrowers have shown mixed signs of both rises and falls over the past six months. Moneyfactscompare has analysed...
13 May 2024
From: Breaking News
Bank of England base rate has been held at 5.25% - where it has been for nine months. The Bank’s monetary policy...
13 May 2024
From: Breaking News
Five major lenders - NatWest, Barclays, Accord, Leeds Building Society and HSBC - have all announced rate increases so far this...
24 April 2024
From: Breaking News
Fall throughs are costing sellers some £909m a year - and that’s even on recent muted sales figures. Home Sale Pack has...
15 April 2024
From: Breaking News
Shared ownership has failed to deliver an affordable route to home ownership for too many and for too long, says a...
10 April 2024
From: Breaking News
UK house prices fell by 0.2% in March. Nevertheless, the annual rate of house price growth edged higher to 1.6% in...
10 April 2024
From: Breaking News
Mortgage approvals jumped 7.7% in February to 60,383, and were 40% higher than they were a year ago, new figures from...
08 April 2024
From: Breaking News
Recent economic data was reassuringly predictable. We learned that core inflation fell by fractionally more than expected while services inflation proved slightly...
04 April 2024
From: Breaking News
The Bank of England has signalled that more than one interest rate cut is likely this year - but the question...
02 April 2024
From: Breaking News
The average volume of UK properties listed for sale month-on-month rose by 58% in 2023 compared to a year previously, underscoring...
27 March 2024
From: Breaking News
The estate agents’ trade body has made the unexpected move of calling on banks to cut mortgage rates. Rates are typically decided...
06 March 2024
From: Breaking News
The buy to let mortgage sector has seen fixed rates fall to their lowest point since September 2022, according to analysis...
04 March 2024
From: Breaking News
Diverse views have emerged from financial services figures in response to last week’s news that the headline rate of inflation remained...
21 February 2024
From: Breaking News
Average mortgage rates on the overall two- and five-year fixed rate deals have now been falling for six consecutive months. The overall...
19 February 2024
From: Breaking News
Lenders’ trade body UK Finance wants the government to use next month’s Budget to announce a new Help to Buy scheme...
14 February 2024
From: Breaking News
Global intelligence company Pepper Advantage, which has a portfolio of over 100,000 UK residential mortgages, says there’s been a dramatic increase...
07 February 2024
From: Breaking News
The number of mortgages offered to home buyers went up from 49,300 in November to 50,500 in December, against the normal...
05 February 2024
From: Breaking News
There are growing fears that the hoped-for Bank of England base rate cut this spring - the first off possibly several...
22 January 2024
From: Breaking News
A regular financial resilience barometer from a leading consultancy shows that the debt position of the lowest fifth of earners has...
17 January 2024
From: Breaking News
One of the UK’s biggest house builders, the FTSE 250-listed Persimmon, says its 2023 sales were better than expected - but...
15 January 2024
From: Breaking News
There’s no prospect of a rapid recovery for the housing market in 2024 despite some green shoots appearing. The warning comes from...
10 January 2024
From: Breaking News
Latest Bank of England data released in recent days shows net mortgage approvals for house purchases rose from 47,900 in October...
08 January 2024
From: Breaking News
A poll of leading economists for London-focussed business newspaper City AM reveals that some believe a Bank of England base cut...
08 January 2024
From: Breaking News
Falling swap rates - already falling over the past month - have dropped further following better-than-expected inflation news, triggering speculation over...
27 December 2023
From: Breaking News
A warning has been given to borrowers and the home owning public by Paul Broadhead, head of mortgage and housing policy...
27 December 2023
From: Breaking News
Crystal Specialist Finance has conducted its Annual Survey with over 10,000 brokers for the second year running. The point is to see...
20 December 2023
From: Breaking News
Mortgage rates are predicted to fall next year as lenders take advantage of cheaper funding, after figures show that average swap...
20 December 2023
From: Breaking News
With the Bank of England maintaining base rate - as expected - at 5.25 per cent, the broker community ends 2023...
18 December 2023
From: Breaking News
Two-year fixed rate mortgages have dipped below six per cent for the first time since June this year. Back in June there...
18 December 2023
From: Breaking News
Homeowners are increasingly researching into mortgage repossessions online, signalling that many are worried about falling behind on their payments. The research by...
13 December 2023
From: Breaking News
Low loan to value ratios from mortgage lenders are leaving an estimated 90,000 new build homes empty across the UK as...
06 December 2023
From: Breaking News
Knight Frank says a reduction in mortgage costs as early as February - or perhaps more likely in Q2 next year...
29 November 2023
From: Breaking News
The Office for Budget Responsibility - part of the Treasury but operating independently of government - is forecasting house prices to...
29 November 2023
From: Breaking News
Nationwide has reduced selected mortgage rates by up to 0.43 per cent across its New Business, Switcher, Additional Borrowing, Existing Customers...
27 November 2023
From: Breaking News
First time buyers aged 18 to 34 are primarily relying on advice from family and friends rather than a broker for support on the homebuying process, according to Coventry for...
27 November 2023
From: Breaking News
A new study shows a remarkably low number of people seeking professional financial advice. The report is called State of Flux and...
22 November 2023
From: Breaking News
Many of the country’s major lenders - and quite a few smaller ones, too - have slashed mortgage rates in response...
20 November 2023
From: Breaking News
The chief executive of Winkworth estate agency chain says this week’s Autumn Statement must see the reinstatement of Mortgage Interest Tax...
20 November 2023
From: Breaking News
Some 45 per cent of homebuyers cited in a survey say slow property lawyer response time is a key pain point...
15 November 2023
From: Breaking News
The first time buyer economy, comprised of lending and spending, will reach £74.1 billion by 2025, according to research by Coventry...
08 November 2023
From: Breaking News
The Bank of England has held base rate at 5.25 per cent, with most analysts saying this is likely to be...
06 November 2023
From: Breaking News
The Bank of England is expected to hold base rate at 5.25 per cent this week with many analysts expecting this...
30 October 2023
From: Breaking News
There are growing fears of yet another Bank of England base rate rise next month following the surprise inflation figure released...
23 October 2023
From: Breaking News
The Nationwide says high interest rates are helping to redefine the housing market in terms of transaction volumes and choices of...
11 October 2023
From: Breaking News
Is the mortgage price war really over? On the one hand there are good signs for the housing market - no substantial...
09 October 2023
From: Breaking News
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...
04 October 2023
From: Breaking News
Brokers are warning that dramatic council ‘effective bankruptcies’ will increase local residents’ tax bills and so hurt mortgage affordability. This follows the...
20 September 2023
From: Breaking News
The jury is out as to whether there will be a rate rise this week when the Bank of England Monetary...
18 September 2023
From: Breaking News
Equifax data has found that 41 per cent of live mortgages in the UK are held by customers who will be...
13 September 2023
From: Breaking News
A study of 7,000 people by a specialist predicts the UK specialist residential mortgage market will treble to £16 billion by...
04 September 2023
From: Breaking News
There is speculation that the recent spate of figures from the UK economy may prompt a war between mortgage providers as...
21 August 2023
From: Breaking News
The Bank of England’s monetary policy committee is warning that inflation - which is effectively determining base rate and interest rates...
14 August 2023
From: Breaking News
The Bank of England’s latest base rate rise - up 0.25 per cent to 5.25 per cent - has been poorly...
08 August 2023
From: Breaking News
A series of financial experts give their prediction for next week’s Bank of England monetary policy committee decision - No rise?...
01 August 2023
From: Breaking News
There’s general agreement amongst brokers and other finance sector professionals that the Bank of England will next week raise interest rates...
25 July 2023
From: Breaking News
The Bank of England’s latest stress test of the financial system suggests that UK's eight largest lenders could survive a worst...
18 July 2023
From: Breaking News
The latest house price index - this one from the Halifax - has triggered a huge wave of concern about the...
11 July 2023
From: Breaking News
Mortgage approvals rose by just over three per cent from 49,000 in April to 50,500 in May according to new Bank...
04 July 2023
From: Breaking News
Nationwide says the sharp rise in the costs of mortgages is causing a "significant drag" on the housing market - but...
04 July 2023
From: Breaking News
Trade body UK Finance has issued a timely reminder to the mortgage lending sector of its obligations to borrowers struggling following...
27 June 2023
From: Breaking News
The latest monthly criteria index from Knowledge Bank highlights the pressing financial difficulties for many in the UK - and with...
27 June 2023
From: Breaking News
There’s almost complete unanimity amongst analysts that this week will see yet another Bank of England base rate rise - and...
20 June 2023
From: Breaking News
The Bank of England’s monetary policy committee does not meet until June 22 but that doesn’t mean there’s any let up...
13 June 2023
From: Breaking News
Research from eXp UK, the network of personal estate agents, has revealed that in 22 UK cities, house prices are continuing to...
28 March 2023
From: Breaking News
Mortgage interest rates increased by 2.56% in 2022, with a sharp increase from 1.51% in January to a record 4.07% on...
28 March 2023
From: Breaking News
Gifts and loans from the Bank of Mum & Dad (BOMAD) totalled £8.8 billion in 2022, according to the latest analysis...
21 March 2023
From: Breaking News
The Bank of England last week hiked interest rates by 0.5 percentage points - pushing the benchmark rate to 4% up...
07 February 2023
From: Breaking News
Mortgage holders swallowed another bitter pill last week when the Bank of England raised interest rates for the tenth consecutive time. The...
07 February 2023
From: Breaking News
The Monetary Policy Committee of the Bank of England meets on Thursday with the market expecting them to announce 0.5% raise...
31 January 2023
From: Breaking News
Capricorn Financial Consultancy has released its market expectations for 2023, predicting that the UK mortgage market will have to acclimatise to...
24 January 2023
From: Breaking News
Homeowners and would-be buyers probably felt the post-pandemic property boom in the UK would go forever. But it slowed dramatically in the...
17 January 2023
From: Breaking News
There has been a a sharp increase in the number of property fall-throughs, according to House Buyer Bureau. Their latest industry index...
17 January 2023
From: Breaking News
New research by Revolution Brokers show that the average monthly cost of a variable rate mortgage has climbed by 13.3% so far...
18 October 2022
From: Breaking News
The latest research by Alliance Fund revealed that the cost of purchasing a new home has increased by 47% over the last decade. The...
13 October 2022
From: Breaking News
Pressure amongst tenants has been mounting as fuel, household bills, and everyday essentials have hit eye-watering costs. New research by Shawnbrook shows...
20 September 2022
From: Breaking News
New research by RIFT Tax Refunds reveals that by March 2023 household bills will cost 11% of the average person’s salary. The cost-of-living crisis...
01 September 2022
From: Breaking News
Inflation has been a hot topic and research from London lettings and estate agent, Benham and Reeves, has revealed just what...
01 September 2022
From: Breaking News
A study done by RIFT Tax Refunds has disclosed just how much the average person would need to see their pay...
30 August 2022
From: Breaking News
Property purchasing specialist, HBB Solutions, recently commissioned a survey of 1,225 UK homeowners to reveal the biggest worries and concens homeowners...
25 August 2022
From: Breaking News
Every day on the news we hear more and more about the ever-mounting cost-of-living in the UK, and households are now...
16 August 2022
From: Breaking News
Deposits for property purchases typically cost 10-15% of the value of the home and saving for one can be particularly challenging, especially for...
16 August 2022
From: Breaking News
The Bank of England has decided to raise the base interest rate from 1.25% to 1.75%, the biggest rate hike for...
04 August 2022
From: Breaking News
This week’s mortgage roundup involves a month of firsts and milestones, with Proportunity and BuildLoan launching UK-first products for buyers. Meanwhile,...
05 July 2022
From: Breaking News
A recent change in mortgage rules that required lenders to check whether homeowners could afford repayments at higher interest rates has...
23 June 2022
From: Breaking News
In the UK, homeownership remains one of the main aspirations for young adults and families who envision climbing the property ladder...
21 June 2022
From: Breaking News
Speaking to a financial adviser is more daunting for UK consumers than self-managing their finances, a YouGov study reveals. In a survey...
31 May 2022
From: Breaking News
Recently a study was done and revealed by Stipendium, the platform that simplifies life’s complex events such as home moving, that...