Archive

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

Diverse views have emerged from financial services figures in response to last week’s news that the headline rate of inflation remained...

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...

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

Latest Bank of England data released in recent days shows net mortgage approvals for house purchases rose from 47,900 in October...

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...

Moneyfacts is reporting that there’s what it calls a “thriving choice” of mortgage options.  Its latest UK Mortgage Trends Treasury Report shows the number...

End-to-end mortgage service Smartr365 has beefed up its platform to improve the experience of brokers sourcing protection packages for clients. These developments...

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

Despite the housing market slowdown, brokers are being warned that the autumn months of September, October and November have typically seen...

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

Data from mortgage research and sourcing platform Legal & General Ignite reveals a significant spike in searches for Interest Only products...

First Direct has crunched market data to give an insight into FTB activity over the summer just gone. There are three...

The Bank of England says net mortgage approvals decreased from 54,600 in June to 49,400 in July, although approvals for remortgaging slightly increased...

There is speculation that the recent spate of figures from the UK economy may prompt a war between mortgage providers as...

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

Research published by the Home Builders Federation shows that the new homes owners will save an average of £135 on monthly...

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...

Mortgage interest rates increased by 2.56% in 2022, with a sharp increase from 1.51% in January to a record 4.07% on...

End-to-end mortgage platform, Smartr365, reveals that the majority of brokers believe tech to be fundamental to the future of the mortgage industry. Smartr365's...

Hertfordshire-based bridging lender TAB completed an impressive £34 million of loans back in August – up from £30 million in June...

The FCA’s new consumer duty requirements are set to be published at the end of July for implementation in April 2023. While...

With a raft of new schemes coming to market ahead of the end of Help to Buy, questions are being asked...

This week’s mortgage roundup involves a month of firsts and milestones, with Proportunity and BuildLoan launching UK-first products for buyers. Meanwhile,...

The long-awaited Crossrail line is finally set to launch on 24 May 2022. It will connect the east and west of...

Over the weekend, Nat Daniels - CEO of Angels Media, the founder of the Today sites - penned this piece in...

This week’s mortgage roundup showcases the benevolence of the mortgage sector, with The Cambridge relaunching its products for expats, while Newcastle...

In this guest piece, WFW London real estate partner Richard Hughes and senior associate Alexander Collis explain in-depth about green sustainable loans....

Throughout the pandemic, people across Britain have purchased new homes. Changes in lifestyle trends and schemes that make purchasing a new...

In July 2020 the stamp duty holiday was kickstarted by chancellor Rishi Sunak. It gave first-time buyers and home movers up...

New research by the estate agent comparison site, GetAgent, has revealed how much money the UK government lost as a result...

Market estate agency comparison website GetAgent.co.uk recently revealed how the stamp duty holiday has made house prices difficult for the first-time...

Data from Legal & General Mortgage Club’s SmartrCriteria tool found that searches for furlough friendly mortgage criteria continued to fall month...

Research by GetAgent has revealed how asking prices across many areas of the property market tumbled in the wake of the...

As furlough support has begun to phase away from July 1 2021, there is still concern that this could lead to...

Legal & General has announced the return of its Virtual Summer Conference which takes place today and tomorrow (July 6-7 2021). The...

According to new research from equity adviser Key, the Bank of Gran and Grandad has gifted nearly £1 million a day...

Despite market delays, over half a million homebuyers in England are set to benefit from the stamp duty holiday to the...

Leading mortgage industry trade magazine Mortgage Introducer has partnered with popular industry event, Mortgage Business Expo (MBE) to provide visitors with...

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

Mortgage Business Expo (MBE) has confirmed that it will be open for live events in 2021. The first event will return to...

General Insurance specialist Paymentshield is launching chatbot technology to its network of advisers. The adviser chat service follows the successful implementation of...

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

Searches for ‘self-employed’ and ‘defaults’ became the most popular in December, according to new research from criteria search specialist Knowledge Bank. Knowledge...

General Insurance (GI) provider Paymentshield is predicting a surge in the number of mortgage adviser firms appointing a GI specialist next...

Landbay, a leading buy-to-let lender, has achieved 5,520% growth in revenue from 2016 to 2020, lending over £0.6 billion during that...

SmartSearch, the leading UK anti-money-laundering (AML) firm, has recorded its busiest ever month in September, with record revenues, profits and number...

Just Mortgages has achieved its best-ever month for both applications and exchanges in September. The company saw 1,750 applications and 1,500 exchanges...

Despite Covid-19, the average mortgage value for purchasers is up 12.4% compared to the same period in 2019, according to data...

A steep drop in recorded crime since the start of the coronavirus lockdown has led to a downward shift in home...

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

United Trust Bank (UTB) has revealed the next set of mortgage product, criteria and technology enhancements as part of its Broker...

‘Interest-only loans’ have maintained their place in the top five most searched-for criteria in August after making their very first appearance...

Some 77% of lenders believe the number of loans they broker will increase, showing a positive outlook for the future of...

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

The Mortgage Lender (TML) has been appointed to the panel of specialist mortgage desk Master Private Finance. Launched by mortgage and protection...

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

Connect for Intermediaries has announced the addition of specialist brokers Fluent for Advisers and Lenderlink to its second charge panel. Connect’s ‘Network...

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

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

Managing director of Mortgage Support Network (MSN), Shaun Almond, has been appointed to the role of MD of sister network HL...

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

The most search criteria by brokers during July has been revealed by Knowledge Bank’s ‘Criteria Activity Tracker’. Knowledge Bank – the source...

Accord Mortgages’ national intermediary sales manager, David Robinson, is set to leave the company at the end of July. Having been with...

Foundation Home Loans has launched a new 5-year fixed rate deal across its buy-to-let (BTL) range, aimed primarily at portfolio and...

Demand for five-year fixed rate remortgages has fallen to the lowest level since July 2017, according to conveyancing service provider LMS. The...

The Mortgage Alliance (TMA) has announced the launch of its Base Rate Hub for its advisers following the recent base rate...

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

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

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...

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

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

The latest quarterly data analysis from Mortgage Brain shows that the cost of mortgages continued to fall over the past three...

Remortgage lending leapt 48% by value in the year to April to hit £6.4 billion, the largest sum recorded since November...

Nationwide Building Society is increasing its maximum age for mortgage maturity from 75 to 85. This follows last week's move by the...

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

Applications for limited company buy-to-let mortgages have soared since December and now make up to one in three new cases. Growth has...

The supply of available housing has plunged to a new low while demand from buyers has surged in recent weeks. Housing supply...

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

A steep rise in debt since last summer 2015 has put more households under financial pressure, new research shows. Income and saving...

Buy-to-let investors are rushing to set up limited companies to avoid Chancellor George Osborne’s forthcoming tax crackdown. Investors are trying to escape the...

Monthly remortgaging topped £6 billion for the first time since 2009 in October, exceeding even the most optimistic expectations. The value of...

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

Chancellor George Osborne's planned cuts to buy-to-let tax relief are the top worry for landlords thinking of selling up. The squeeze on higher rate...

A fall in the number of affordable homes being put up for sale has driven overall property availability in the UK...

The average UK rent outside London rose 3.5% over the past 12 months to £749 a month but the pace of...

Landlords seem to be under attack from all sides of the political divide, as Chancellor George Osborne buy-to-let tax crackdown proceeds...

The average London house price has leapt 9.6% in a year to £499,997 as the capital's market springs back to life. This reverses the recent...

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 number of people using an independent adviser to help with a remortgage has dropped by 28% this year, new figures...

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,...

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...

A new report from the Bank of England shows that approvals of loans for house purchases hit a 2015 high in...