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KEYWORD "Lender" - 100 RESULTS
At last! Mortgages market confidence finally recover from Liz Truss disaster

The latest report from the Intermediary Mortgage Lenders Association (IMLA) reveals that intermediary confidence in the industry increased in Q1 2024. Some...

20 May 2024

From: Breaking News

Good news as High Street borrowers cut rates once again

There was good news over the weekend as rates reductions announced late last week kicked in. Barclays has cut a number of...

20 May 2024

From: Breaking News

Landlords Make Radical Mortgage Changes to Ease Rising Costs

Many buy to let landlords have made financial changes during the cost of living crisis to mitigate the rising costs of...

15 May 2024

From: Breaking News

Landbay cuts stress testing requirements on like-for-like remortgages

Buy to let lender Landbay has enhanced its like-for-like remortgage range with new lower stress testing, alongside new rate reductions. For landlords...

15 May 2024

From: Breaking News

FinTech link allows lender to offer ultra-fast insurance quotes

Nottingham Building Society has partnered with insurance technology firm, Uinsure to provide home insurance quotes in as little as 60 seconds. Members...

13 May 2024

From: Breaking News

Interest Rate impact on Mortgages - a six month analysis

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

High Street lenders: Most hike rates, one reduces them

HSBC has made a slew of changes and increases to its residential and buy to let mortgage products. The bank is introducing...

09 May 2024

From: Breaking News

Mortgage costs push housing market into north-south divide

It might look like house prices have stabilised, staying relatively flat over the first four months of 2024, but at least...

09 May 2024

From: Breaking News

Mutual cuts rates twice in a week, against the trend

The Hinckley & Rugby building society has announced two cuts to rates across its mortgage range in short order.  After rate cuts...

07 May 2024

From: Breaking News

Nationwide mortgages dry up for highest flood risk applicants

A report on there Bloomberg news agency suggests that the Nationwide Building Society is using new technology to identify areas at...

07 May 2024

From: Breaking News

Mortgages target borrowers with CCJs and defaults

Aldermore is reintroducing a broader range of mortgages for owner occupiers. The lender says it wants to support often “overlooked customers” with...

01 May 2024

From: Breaking News

All change - more rate and product changes from major lenders

Several of the UK’s biggest lenders have raised rates on their mortgage products this week already, as speculation grows that the...

01 May 2024

From: Breaking News

Popular lenders change rates and products for landlords

Keystone Property Finance has expanded its services by introducing further advances for landlords undergoing product transfers. As part of Keystone’s PT Plus...

29 April 2024

From: Breaking News

Warning of missed mortgage payments growing in number

A new survey suggests that almost half a million Britons are set to miss a mortgage payment in the next six...

29 April 2024

From: Breaking News

Lloyds and Barclays profits drop as mortgage competition surges

Lloyd’s pre-tax profits were just £1.6 billion between January and March, down from £2.3 billion for the same period last year. The bank...

29 April 2024

From: Breaking News

Shock as major mortgage lenders increase rates

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

Credit Set to be More Selective as lenders’ worries rise - new stats

New Financial Conduct Authority statistics display housing market turbulence over the past two years, raising concerns about buyers and lenders in...

22 April 2024

From: Breaking News

Lender drives energy efficiency with new tech partnership

Specialist lender Hodge has joined forces with Propflo, a PropTech startup, to help customers make their properties more energy-efficient and environmentally...

22 April 2024

From: Breaking News

Revealed - the latest trends in UK lending and borrowing

A new report reveals the latest trends  in UK lending and borrowing, compiled by lending software company Lenvi. The most notable trends include...

17 April 2024

From: Breaking News

Top Three Lenders invest in improved house buying process

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

15 April 2024

From: Breaking News

Over 120,000 borrowers slash payments via Mortgage Charter

Monthly payments on some 123,000 home loan accounts were cut in the first eight months of the government’s Mortgage Charter.   The...

15 April 2024

From: Breaking News

Housing Market shows sign of improvement despite high rates

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

Going Down - Mortgage advisers sentenced over £3m fraud

Mortgage advisers Larry Barreto and Tassib Hussain have been sentenced for fraud offences following a prosecution brought by the Financial Conduct...

10 April 2024

From: Breaking News

Buy To Let Crisis - lending plummets and arrears soar

There’s been a huge rise in the number of buy to let property repossessions in the first quarter of 2024 compared...

08 April 2024

From: Breaking News

Good News of Approvals from the Bank of England

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

Down-valuations biting hard across Britain

New research shows that sellers in Wales are likely to be hit hardest by a down valuation, with the average home...

04 April 2024

From: Breaking News

April Mortgage’s long-term deals win additional exposure

Legal & General Mortgage Club has added April Mortgages to its lender panel, giving additional exposure to April’s long-term fixed-rate remortgage...

04 April 2024

From: Breaking News

Lender shows its active support for Armed Service Personnel

Aldermore has signed the Armed Forces Covenant in the presence of two-star Air Vice-Marshal Ranald Munro and several colleagues who have...

04 April 2024

From: Breaking News

Jury’s Out - Is the YBS 99% mortgage a good idea?

Yorkshire Building Society new fee-free offer will enable first-time buyers across England, Scotland or Wales with a £5,000 deposit to purchase...

02 April 2024

From: Breaking News

Lender hires TV property guru to highlight empty homes scandal

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

27 March 2024

From: Breaking News

Rates Continue to Fluctuate Across Mortgage Sectors

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...

25 March 2024

From: Breaking News

Wealth manager launches attack on Halifax’s age limit U-turn

Mortgage lender Halifax is imposing a new 70-year age limit on the terms of its home loans for some borrowers. This has...

20 March 2024

From: Breaking News

Growing Mortgage Arrears set off alarm bells for leading analyst

New Mortgage Lenders and Administrators statistics for Q4 2023 paint a very worrying picture of the mortgage market. That’s the view of...

20 March 2024

From: Breaking News

Tide Is Turning: fewer people worried about mortgage repayment costs

Fewer people are concerned about paying their mortgage and fewer believe mortgage affordability is a barrier to home buying.  That’s the verdict...

20 March 2024

From: Breaking News

Outrage at “shameful” Halifax move to cut maximum age on some products

There’s been an angry reaction to news that from today - March 18 - Halifax is changing the maximum age allowed...

18 March 2024

From: Breaking News

Mortgage shelf-life plummets and lenders hike rate

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

18 March 2024

From: Breaking News

Many landlords to end fixed-rate deals soon, says lender

Some 40% of residential landlords with a mortgage - fixed, tracker or discount - are due to renew their mortgage rate...

18 March 2024

From: Breaking News

New analysis shows link between rates and longer mortgage terms

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

13 March 2024

From: Breaking News

Nationwide’s bold move will make it even bigger mortgage lender

The Nationwide Building Society has agreed to buy Virgin Money in a £2.9 billion deal - a rare example of a...

11 March 2024

From: Breaking News

Tech-boost for Dutch-style mortgage provider entering the market

April Mortgages has struck a deal for new technology to help it introduce Dutch-style loans into the UK. The new mortgage type...

11 March 2024

From: Breaking News

IMLA accuses Hunt of “sop” in Budget that does nothing for rental sector

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

11 March 2024

From: Breaking News

Budget Day - Rightmove pours cold water on 99% mortgage idea

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

06 March 2024

From: Breaking News

Agents impatient with mortgage lenders despite better news on sales

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

Experts slam lenders for ultra-short notice repricing of mortgage products

Experts have lashed out at lenders who reprice products, sometimes with just a few hours’ notice. And many suggest that lenders are...

04 March 2024

From: Breaking News

Was Halifax rate reduction just a cynical marketing ploy?

Last week Halifax - previously an outlier amongst major lenders - announced it was raising rates, following the likes of Santander,...

04 March 2024

From: Breaking News

BTL fixed rates plummet as product choice rises again

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

Innovative new trackers aim at buy to let and development investors

Hampshire Trust Bank has launched a limited edition two year discounted Flex tracker across its buy to let and semi-commercial offerings....

04 March 2024

From: Breaking News

FCA launches working group to probe interest-only mortgages

The Financial Conduct Authority is working with 12 lenders and administrators to probe the interest-only mortgage market. The number of IO and...

28 February 2024

From: Breaking News

Lender says first time buyers lean heavily on families to bag first mortgage

A survey of 2,000 adults by lender Together sheds light on parental help for first time buyers. It shows that a fifth...

28 February 2024

From: Breaking News

Halifax throws “a massive mortgage curveball” defying rivals

Halifax moved entirely in the opposite direction to its rivals at the very end of last week, cutting rates instead of...

26 February 2024

From: Breaking News

Most Rates Up Again - optimism plummets amongst brokers and analysts

It’s been a torrid time for rates, going back up for HSBC, Santander, TSB, Virgin Money, NatWest and many other mainstream...

26 February 2024

From: Breaking News

Stamp Duty’s damage to borrowers exposed by building society

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

26 February 2024

From: Breaking News

Worst Case Scenario - mortgage costs up hundreds per year

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

21 February 2024

From: Breaking News

NatWest rates up and plenty of others to follow - warning

NatWest has made changes to its product ranges for both new business and existing customers. New borrowers can expect a rate increase...

19 February 2024

From: Breaking News

Two year fixes fall by fastest rate since 2022 - Moneyfacts

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

Specialist lender Cohort Capital hits bridging milestone

After reaching the milestone of £250m in 2022, specialist lender Cohort Capital increased originations by 60 per cent in 2023 to...

19 February 2024

From: Breaking News

Higher LTVs for borrowers aged 70 and 80, says Pure Retirement

Lifetime mortgage lender Pure Retirement has continued its ongoing product development in its Heritage range. The Special 3 product will offer up...

19 February 2024

From: Breaking News

It’s Back! Confidence returns to the mortgage market says IMLA

The latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association reveals that confidence has returned to the mortgage market,...

14 February 2024

From: Breaking News

First Time Buyers aged 50-plus “one of fastest growing sectors”

There were 12,000 first time buyers over the age of 50 in the UK in 2022, the latest figures available. This means that...

14 February 2024

From: Breaking News

UK Finance lobbies government for new Help To Buy and less Stamp Duty

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

Octane Capital issues a brutal warning on mortgage rates

By Jonathan Samuels, chief executive of specialist property lender Octane Capital, writes: The Bank of England’s decision to hold interest rates on...

14 February 2024

From: Breaking News

Revolutionary new mortgage product sees rates fall as LTV improves

There’s been widespread speculation that the UK is just weeks away from seeing the launch of a Dutch mortgage product with...

12 February 2024

From: Breaking News

Worrying rise in mortgage arrears and repossessions - new data

UK Finance says there were 93,680 homeowner mortgages in arrears of 2.5 per cent or more of the outstanding balance in...

12 February 2024

From: Breaking News

Lender’s internal data reveals shocking fast-growing arrears

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

Falling house prices and big mortgages – three major risks

Business consultancy Hargreaves Lansdown has identified three major risks associated with the current market, characterised by falling house prices and larger...

07 February 2024

From: Breaking News

Nationwide’s shock rate rise may not be the only one - warning

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

05 February 2024

From: Breaking News

Commercial property lending forecast to soar in next four years

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

05 February 2024

From: Breaking News

Mortgage Market Bounce drives housing market recovery

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

Vast majority of High Net Worth Individuals suffer mortgage rejections

The vast majority of high net worth individuals have faced mortgage rejections and had to accept lower loan-to-value ratios than they...

05 February 2024

From: Breaking News

Lender revamps lending criteria for high-skilled foreign nationals

MPowered Mortgages is changing its lending criteria for Tier 2, high-skilled foreign nationals across its range of products. It says this forms part...

31 January 2024

From: Breaking News

Happy Holidays! Lifetime mortgage funds fuel trips of a lifetime

Lifetime mortgage fund usage continues to show a mixture of aspirational and needs-based borrowing, according to figures from lender Pure Retirement....

24 January 2024

From: Breaking News

Mortgage defaults jump - and there may be worse to come

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

22 January 2024

From: Breaking News

No more progress chasing for lenders, pledges HM Land Registry

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

22 January 2024

From: Breaking News

Webinar for brokers operating in commercial property market

Property lender Together is holding its third webinar for brokers in its Chalk Live series, offering new educational content along with...

17 January 2024

From: Breaking News

Bank of England chief warns of ‘future shocks’ derailing recovery

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

15 January 2024

From: Breaking News

Lenders sacrifice profits for volume as rates fall yet again

The war between rival mortgage lenders continues with Halifax late last week undertaking its second re-price of the year (and it’s...

15 January 2024

From: Breaking News

Building Society warns it may stop lending on holiday lets

A building society says it is considering ending its policy of lending to buyers of holiday lets. Martese Carton, the director of...

10 January 2024

From: Breaking News

Demand for Mortgages Soars as rates war draws in applicants

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

Bank of England Will Cut Rates sooner rather than later, say experts

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

Buy To Let Turning A Corner? Confidence grows says mortgage chief

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

03 January 2024

From: Breaking News

More Lenders offer Mortgages on Homes hit with Building Safety issues

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

03 January 2024

From: Breaking News

Swap Rate falls trigger speculation of early 2024 rate cut

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

Metro Bank NOT selling residential mortgage portfolio after all

Metro Bank says it will not, after all, be selling its residential mortgage portfolio despite widespread industry speculation that it was...

27 December 2023

From: Breaking News

Building Societies warn on mortgages: “We’re not out of the woods yet”

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

2024 - forecasts on lending, buy to let, arrears and possessions

UK Finance has published its housing and mortgage market forecasts for 2024 and 2025 together with projections for 2023 full year numbers. Key figures for 2023 In...

20 December 2023

From: Breaking News

Falling swap rates indicate lower mortgage rates - eventually

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

Interest Rates - year ends on optimistic note as brokers hope for better 2024

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

Going Green - more eco-mortgages on the market now than a year ago

More lenders have green mortgage deals on the market now compared to a year ago, according to the Mortgage Advice Bureau. Some...

18 December 2023

From: Breaking News

Landlords to expand portfolios in 2024 despite huge increase in costs

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

18 December 2023

From: Breaking News

Saga launches mortgage service in bid to be ‘over 50s one stop shop’

Saga, the provider of products and services for the over-50s, has teamed up with digital broker Tembo to launch Saga Mortgages. The...

11 December 2023

From: Breaking News

Accord cuts rates on buy to let range

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

11 December 2023

From: Breaking News

Plea to lenders to understand more complex mortgage applicants

Some 40 per cent of self-employed individuals think lenders need to be more understanding when it comes to those with complex...

11 December 2023

From: Breaking News

Grinch! No Christmas cheer in Q3 UK Finance sentiment survey

There’s been a sharp decline in household financial confidence in the UK according to the latest UK Finance sentiment survey. The Q3...

11 December 2023

From: Breaking News

Mortgage industry’s low LTVs blamed for homes being empty

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

Lender aims high by scrapping height restriction from lending criteria

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

06 December 2023

From: Breaking News

Winner! Best Buy To Let Mortgage Lender honoured at awards

The 2023/24 Your Mortgage Awards’ ‘Best Buy to Let Mortgage Lender’ has been named. It’s The Mortgage Works, and this is not...

06 December 2023

From: Breaking News

It’s Been a Boom Month for Fixed Deals and Incentives

Lenders are offering more fixed deals with incentives since the start of last month - November - but analysis by Moneyfactscompare...

04 December 2023

From: Breaking News

Barclays likely to bag Metro Bank mortgage book ‘by year end’

A report on Sky News says talks are underway for Barclays hto acquire the £3 billion mortgage book of the troubled...

04 December 2023

From: Breaking News

More help for first time buyers needed now, says leading mortgage lender

The Nationwide wants greater government support for first-time buyers as rising costs delay owning a home. As one of the UK’s biggest...

29 November 2023

From: Breaking News

Nationwide’s slashed rates means price war goes on to end of year

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

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