Archive

A recent change in mortgage rules that required lenders to check whether homeowners could afford repayments at higher interest rates has...

Last week (June 16), the Bank of England increased the base rate by 0.25%, up from 1.00% to 1.25%. In response, Moneyfacts.co.uk...

This week’s roundup takes a look at the latest in the mortgage market, from L&G’s latest addition to its lender panel...

Self-employed individuals are twice as likely to be rejected for a mortgage, a new report from The Mortgage Lender (TML) shows. Its...

Introducer Today returns with a bumper mortgage roundup, this time featuring the latest industry views on mortgage approvals, new and extended...

A property expert has predicted that mortgage applicants are likely due to experience some difficulties being approved for loans. It was stated...

Stipendum, the platform that aims to simplify life’s complex events, has released a number of top tips to help the nation’s...

When it comes to the money owed as a result of mortgage borrowing in the last 10 years, UK homebuyers have...

As a direct result of the rising cost of living, over half (57%) of Brits are already struggling financially, or expect...

As far as the UK Government is concerned, the threat from COVID is over. In its wake, a new battle, the...

Some 3.2 million adults in the UK have missed some form of major payment over the last two years as the...

With the interest rate rising from 0.25% to 0.5%, Brian Murphy, head of lending at Mortgage Advice Bureau, shares his top tips homeowners...

Scott Clay at Together - the specialist lender - has shared a few tips for couples considering buying their first home...

The latest Nationwide house price index, released yesterday morning, reveals that January has seen the strongest start to the year since...

2021 proved to be one of the most hectic years to buy and sell a home. We witnessed prices soaring to...

Market analysis has revealed where house price growth could stutter should monthly interest payments start to climb as a result of...

With the Bank of England raising interest rates for the first time in more than three years, Brian Murphy, head of lending...

Recent research from leading later life lender more2life has found that 80% of equity release advisers are confident that the market...

This mortgage roundup highlights the latest updates and features from the UK’s leading lenders, from custom-build mortgage products and holiday let mortgages,...

Nisha Vaidya, mortgage expert at Uswitch, explains how homeowners can use low-interest rates to their advantage and help make their mortgage more...

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

Pure Retirement has announced the launch of its new flexible pricing methodology on the Classic lifetime mortgage product range. The new initiative...

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...

UK buy-to-let lender Landbay has joined the network panel of Commercial Finance Brokers UK (CFBUK). CFBUK is a whole of market commercial...

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

The MCI Mortgage Club has added LiveMore Capital to its panel, expanding its range of products to include retirement interest-only (RIO)...

The ability to make interest payments and capital repayments are becoming increasingly important for equity release customers as products develop, according...

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

Hinckley & Rugby Building Society has cut the interest rate on its fee-free five-year fixed rate mortgage at up to 95%...

Legal & General Mortgage Club has appointed Zephyr Homeloans to its lender panel to enable authorised advisers to access its buy-to-let...

Hinckley & Rugby has bolstered its later life lending offer with a new five-year fix and slashed the interest rates on...

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

Paragon is boosting its buy-to-let mortgage range this summer, with a combination of lower interest rates, no upfront fees and £350...

Mortgage Business Expo (MBE) London, taking place on October 16, will feature a keynote presentation by the Bank of England (BoE). Rob...

Bridging loan interest rates fell to the lowest level in Q1 2019, according to the latest data from Bridging Trends. It found...

More customers than ever are opting for an initial fixed period of five years or more when choosing a mortgage, according...

Leeds Building Society has launched two new discounted but-to-let mortgages. The society aims to support landlords to actively manage their property portfolios...

Hinckley & Rugby Building Society has cut the interest rates on three of its 95% loan-to-value (LTV) residential mortgage products. Its five-year...

Retirement Advantage has announced new enhancements to its range of mortgage products aimed at older landlords. Last year, the retirement income provider...

Some 25.6% of parents said they would charge interest on a home loan to their children, a new study from UOWN...

Commercial Trust Limited is urging landlords to speak with specialist buy-to-let mortgage broker firms as many are considering remortgaging options once...

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

Yorkshire Building Society has seen a surge in fixed rate mortgage applications from borrowers ahead of a potential Bank of England...

Hinckley & Rugby Building Society has launched an online buy-to-let (BTL) calculator for landlords and lower reference rates for like-for-like BTL...

Freedom Finance has urged UK families to examine their finances after revealing that an average mortgage bill could increase more than...

When choosing a mortgage lender, customer service remains a “definitive priority” for borrowers, results from a Computershare survey found. Computershare, an Australian...

Figures from Accord Mortgages show a jump in remortgage applications over the summer, with borrowers grabbing competitive mortgage deals ahead of...

The number of mortgages in arrears has declined in the second quarter (Q2) of this year, being the lowest level since...

Specialist lender, Pepper Homeloans, has cut interest rates across both its residential and buy-to-let mortgage ranges by up to 0.70%. All five-year...

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

According to the latest data from mortgage technology provider, Mortgage Brain, the majority of mainstream mortgages have steadily decreased over the...

The range and number of mortgage products now available is almost at the same level as before the financial crisis. This is...

Accord Mortgages has launched a new tracker mortgage with no early repayment charges. The lender says this new product will give borrowers...

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

Specialist mortgage lender Vida Homeloans has this week announced a fresh wave of updates to its buy-to-let mortgage range.  The firm has...

The UK's first bank built exclusively for mobile has extended its Digital Mortgage Range. Atom Bank has launched a two year...

Legal & General Mortgage Club has announced an exclusive deal with Leeds Building Society to help expand its shared ownership and...

The average pricing of two and three-year fixed rate buy-to-let mortgages is at an all-time low. This is according to the latest Index...

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

Specialist lender Pepper Homeloans has enhanced its entire range of residential mortgage products. It's done so by slashing most of its...

High street lender Metro Bank has reduced the rates on its three-year and five-year residential mortgage range. It has also announced the...

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

Homeowners remortgaged for an average of £15,000 more in 2016 than they did two years ago, with 57% of remortgage cases...

New Street Mortgages has announced rate reductions across its buy-to-let mortgage range. It has reduced the rate for its two-year discount product...

The latest product data analysis from Mortgage Brain has revealed that recent predictions about potential increases in mortgage costs are starting...

Just over two months since the Bank of England cut the base interest rate to 0.25%, an array of lenders are...

Mortgage Trust has launched a series of products catering for buy-to-let property purchases and remortgages. The lender says that the products, which...

Precise Mortgages has recently announced a number of changes to its product range, particularly focusing on its buy-to-let offering.  HMO and Limited...

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

The NACFB’s annual survey results aren’t in yet but there is one prediction I feel I can safely make. The total business...

Despite intense speculation that interest rates would be cut, the Bank of England has confirmed that its base rate will remain...

Back in 1980 I took out my first mortgage to buy a flat in Birmingham. The flat was very affordable and...

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

Nine out 10 borrowers are opting to fix their mortgages despite little sign of forthcoming base rate hike. Historically low mortgage interest...

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

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

Brokers and lenders are celebrating a "bumper month" which saw borrowing in March 64% higher than one year earlier. Gross mortgage borrowing...

As the Brexit referendum moves closer a new poll shows that the majority of brokers would like to remain part of...

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...

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

Newcastle Intermediaries has launched two new competitive products to meet continued growth in the self-employed market. It said this will help meet the...

The Mortgage Credit Directive (MCD), could bar accidental landlords from switching to cheaper mortgage deals on affordability grounds. Many could be told they...

Tomorrow will mark the seventh anniversary of 0.5% interest rates but property experts warn that cheap money won't last forever. The average...

The average buy-to-let investor could make a loss of £325 a year if the Bank of England lifted interest rates by...

Gross mortgage lending surged 38% in the past year to hit £13.6 billion last month, the highest figure for nearly eight...

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 Bank of England voted to hold interest rates by 9-0 yesterday which means they will stay at 0.5% for a full seven...

Interest rates on buy-to-let mortgages continue to drop as lenders tempt landlords rushing to beat the stamp duty surcharge deadline. New figures from...

Interest rate cuts following the financial crisis have reduced annual mortgage costs by more than £22 billion, new figures show. The 4.5 percentage...

Coventry Building Society and The Co-operative Bank have both launched competitive new mortgage deals. Coventry has reduced the rate on its residential and...

The Bank of England is in no rush to raise interest rates next year, rate setter Martin Weale has said. He said...

The Treasury has launched a consultation on giving the Bank of England more powers to control buy-to-let and could introduce new lending...

Mortgage brokers are urging borrowers to fix their mortgage repayments in the wake of the US Federal Reserve decision to increase...

More than 7,000 Nationwide Building Society customers opened Help to Buy Isa accounts in the first week. Some have already applied for Nationwide’s Save to...

One in three mortgage holders have no idea what rate of interest they are paying, new research shows. This is despite growing...

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

Buy-to-let landlords are increasingly searching for lower-priced properties in a bid to secure higher yields, new research suggests. Seven in 10 landlords...

Christmas has come early for the mortgage industry which is celebrating the highest monthly lending figure for more than seven years. Gross mortgage lending...

October saw a sharp seasonal fall in remortgaging with a 21% drop compared to September. But remortgaging activity still soared 53% in...

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

Mortgage arrears and repossessions hit a new low in the third quarter but brokers have warned against borrower complacency. They fear borrowers...

Buy-to-let lending continued to race ahead of the mortgage market in September as investors ignore Chancellor George Osborne's forthcoming tax crackdown. Investors drove large quarterly and...

The mortgage industry can expect the first interest rate hike shortly after Christmas, experts say. The National Institute of Economic and Social Research...

Mortgage approvals leapt 24% in the year to September driven by a resurgence in remortgaging. Remortgages jumped 40% over the year, against...

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 buy-to-let mortgage market is on course for a busy end to a successful year as lenders jostle to bring more...

The annual cost of home ownership is now £15,300 and is expected to rise sharply in future, according to new research...

Mortgage brokers could see business levels decline as the prospect of an early base rate hike recedes. Fears that the Bank of...

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

The number of mortgages for £1million or more has jumped by one-fifth in the last year. The sharp increase has been driven...

The amount of money withdrawn by the typical remortgage customer has hit a new high, according to property service firm LMS. In...

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

New figures confirm that buy-to-let continues to outperform the mortgage market but industry experts warn that the forthcoming tax crackdown may...

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

The prospect of an interest rate hike in the UK may be closer than markets realise, according to a Bank of...

Homeowners with variable rate mortgages remain dangerously exposed to rising interest rates, new research suggests. Three out of four homeowners on a...

One in five landlords say they will be forced out of business in the next two years by Chancellor George Osborne's...

Landlords with standard buy-to-let properties will lose money when interest rates start rising, new research shows. This would be a double blow...

Bank of England governor Mark Carney has said interest rates are likely to increase despite the deflationary impact of the Chinese...

NatWest Intermediary Solutions will be increasing its mortgage rates by up to 14 basis points (bps) amid signs that rates are...

Homeowners rushed to remortgage in July amid signs that fixed-rate mortgages are now starting to creep up in price. Remortgaging jumped 29%...

Buy-to-let landlords face a "severe dent" in post-tax profits following Chancellor George Osborne's tax crackdown. Individual landlords will face extra tax bills of £2,000...

Brokers are buzzing with confidence after new figures showed the mortgage market enjoyed its best July for seven years. Gross mortgage lending...

The Bank of England has dropped another hint that interest rates are set to rise with departing policy maker David Miles...

August has seen a spike in the number of mortgage deals as buyers look to snap up cheap loans before interest...

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

Repossession rates have fallen to another new low but brokers warn that will quickly reverse when interest rates finally start rising. Repossessions...

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...

Brokers and analysts don't expect base rates to rise until at least 2016 after the Bank of England held base rates...

Talk of an affordability crisis appears overblown as homes are now more affordable than in 1997, new research suggests. A combination of falling...

Lenders have started to withdraw their best mortgage deals in advance of the anticipated hike in base rates, threatening rising costs across the...

House price growth in the UK's leading cities is set to hit 10% this year as the market recovery continues. The Hometrack UK...

The Bank of England has warned that the booming buy-to-let market poses a threat to the financial stability of the UK. It...

Almost one third of borrowers who remortgaged in May increased the size of their mortgage to release cash for spending or...

Legal & General has announced ambitious plans to become a leading provider of lifetime mortgages. The insurer has launched its own-branded Lifetime...

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

Nationwide is making a series of rate reductions across its mortgage range from today with fixed rates cut by up to...

The value of remortgage lending slumped to a two-year low in March after falling 8% over the last 12 months. Total gross...