Archive

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

An analysis of government house price data by business consultancy Hargreaves Lansdown suggests the typical mortgage term for a first time...

The ESTAS awards event in October has a new principal partner. It’s Landmark Information Group, which includes Landmark Estate Agency Services, Searchflow,...

Lloyds Banking Group, Nationwide, NatWest - along with Rightmove - have announced a strategic investment in Coadjute, a prominent PropTech business. This...

UK house prices grew in March on a quarterly basis, by 2.0%, with annual growth slowing to 0.3%, from 1.6% in...

Shared ownership has failed to deliver an affordable route to home ownership for too many and for too long, says a...

A property software business says its research shows that the housing market revival is driven by the premiums levied on new...

Suffolk Building Society has introduced a tiered approach to its Interest Cover Ratio assessment for buy to let and holiday let...

Mortgage approvals jumped 7.7% in February to 60,383, and were 40% higher than they were a year ago, new figures from...

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

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...

The Bank of England has signalled that more than one interest rate cut is likely this year - but the question...

Homes Under The Hammer property expert Lucy Alexander is fronting a new campaign to identify empty homes and bring them back...

Some of the biggest names in the trade, lending and advisory sectors have produced a report outlining the vast significance that...

A think tank is urging the UK government to initiate mortgage market reforms to promote higher home ownership. The Social Market Foundation...

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...

Analysis from estate agency Yopa reveals that while the London market may be the worst performing in terms of house prices, it...

The latest housing market snapshot from the Royal Institution of Chartered Surveyors shows the number of buyers has risen for the...

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...

The ‘average’ 25 year mortgage term is increasingly becoming a thing of the past says USwitch. A recent study of the data...

New data from Zoopla suggests that the housing market is becoming buoyant despite widespread uncertainty over the exact direction of mortgage...

A new study has revealed the best and worst UK regions for first-time buyers based on house affordability and earning potential.  The...

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

The Intermediary Mortgage Lenders Association has given the thumbs down to the Budget of Chancellor Jeremy Hunt. The trade body was disappointed...

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

The estate agents’ trade body has made the unexpected move of calling on banks to cut mortgage rates. Rates are typically decided...

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

Downsizers across England and Wales could unlock an average £305,090 by moving from a four bed to a two bed home,...

Remortgagers, not buyers, are fuelling the increase in mortgage industry activity. That’s the view of Octane Capital following an analysis of Bank...

The true cost of stamp duty is two thirds greater than the tax itself because it obliges buyers to spend far...

Tom Davies has started with Leaders Romans Group as the company’s first group financial services managing director. This new position coincides with...

There were 29,060 new mortgages taken out by older borrowers over 55 in the last three months of 2023 - down...

A specialist lender claims that first-time buyers could see annual mortgage costs climb by £398 per year, while landlords suffer a...

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

Nearly four in 10 portfolio landlords, those with four or more properties, plan to increase the size of their portfolios in...

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...

A Knight Frank survey of 50 house builders shows a staggering 70 per cent support for Labour to win the next...

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

There are clear signs the commercial property market is adjusting to today’s high interest rate environment according to specialist lender Together. Its...

The number of mortgages offered to home buyers went up from 49,300 in November to 50,500 in December, against the normal...

Almost two thirds of first time buyers mortgage completions are in joint names (with two or more people), according to the...

Just under half of mortgage brokers expect to place more limited company buy-to-let business throughout the next 12 months, Paragon Bank...

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

New research from Aldermore suggests that some 55 per cent of prospective first time buyers are currently seeking to raise a...

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

Despite a sharp fall in the number of homes bought by landlords in 2023, the number of limited companies set up...

Leading agency Knight Frank says demand for new homes is generally robust, dependent upon the location and pricing.  It says its regional...

Banks are reporting that default rates increased in the final quarter of 2023, albeit more slowly than the quarter before -...

There are growing fears that the hoped-for Bank of England base rate cut this spring - the first off possibly several...

HM Land Registry says it’s working with mortgage lenders to ensure they will no longer need to chase conveyancers for updates...

Shawbrook has become the first bank in the UK to offer limited companies the ability to remortgage using the digital conveyancing...

The Family Building Society has commissioned the London School of Economics to explore the UK’s housing. Its report - called A Road...

Bank of England governor Andrew Bailey is warning that ‘future shocks’ may yet derail economic recovery. In a session with MPs at...

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

Awareness of green mortgages is dipping among buyers, according to new research. Almost two thirds of mortgage advisers say their clients have...

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

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

A poll of leading economists for London-focussed business newspaper City AM reveals that some believe a Bank of England base cut...

The government has launched a consultation setting out plans to improve the transparency of land trust information. Land ownership through a trust...

Some 74 per cent of residential buy to let landlords feel confident about the performance of the property market over the...

High end estate agency Savills has issued an update on prime markets in and around London and south east England. And it...

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

Three high street lenders - Virgin Money, TSB and Skipton Building Society - have joined the commitment to offer mortgages on...

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...

Research from Coventry for Intermediaries has revealed that there is a clear generational difference in attitude when it comes to making...

Crystal Specialist Finance has conducted its Annual Survey with over 10,000 brokers for the second year running. The point is to see...

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

The Bank of England says there was £18.8 billion of mortgage borrowing in arrears in the third quarter of this year. That’s...

With the Bank of England maintaining base rate - as expected - at 5.25 per cent, the broker community ends 2023...

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

Cases of buy-to-let arrears have doubled in a single year, according to a new analysis. The research, from Octane Capital, analysed quarterly...

Homeowners are increasingly researching into mortgage repossessions online, signalling that many are worried about falling behind on their payments. The research by...

Accord Mortgages is cutting rates on its buy-to-let range in what it calls a bid to “offer better value to brokers...

Karis Capital is launching as what it calls “a premier real estate debt advisory firm with plans to redefine how developers...

Hodge is removing height restrictions from its lending criteria, meaning it will accept applications for mortgages on homes in England that...

London accounts for the highest proportion of homebuyers using family inheritance to fund property purchases, according to compliance platform Thirdfort.  Some 18...

There’s been a 46 per cent increase in ‘for sale’ stock hitting the market as sellers look forward to a Boxing...

Online Mortgage Advisor has conducted a research by looking at how much property prices have outgrown local wages during the past...

Knight Frank says a reduction in mortgage costs as early as February - or perhaps more likely in Q2 next year...

A new analysis of the new build housing market for next year suggests that eventually there will be a bounce, triggered...

A new 10-point plan from the Home Builders Federation shows how policymakers could act fast to boost the supply of new,...

The research chief at lettings agency Hamptons says it’s likely that landlords have been hit harder by high interest rates than...

New data from Legal & General - based on searches to its Ignite platform - suggests a diverse mortgage market during...

The share of homes sold by a landlord in Great Britain fell from 15.7 per cent in 2022 to 14.0 per...

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

Following analysis of its 2023 buy to let mortgage market data, Twenty7tec has reported a significant fall in searches for buy...

The Mortgage Lander is warning that mortgages rates will need to come down more, and faster, to really kick-start the housing...

The chief executive of Winkworth estate agency chain says this week’s Autumn Statement must see the reinstatement of Mortgage Interest Tax...

The nation’s landlords are responding to higher levels of mortgage interest rates by cutting their borrowing. The research comes from specialist property...

A new personal guarantee insurance protection service has been launched for professional landlords - triggered by a surge  in incorporation. Purbeck Personal Guarantee...

Lenders’ trade body UK Finance says there were 11,540 buy to let mortgages in arrears of 2.5 per cent or more of...

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

There’s been an alarming set of figures in the Bank of England’s latest Money and Credit report, which relates to September. Net...

Global credit intelligence provider Pepper Advantage, which has a 100,000+ UK residential mortgage portfolio, says arrears in this country have seen...

Tomorrow’s King’s Speech, setting out the legislative agenda for the coming year, looks certain to include leasehold reform - and the...

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