Archive

The lenders’ trade body, UK Finance, has published a report examining why some landlords are falling into mortgage arrears and why...

The latest residential sentiment survey from the Royal Institution of Chartered Surveyors suggests a currently-subdued housing market but with a more...

Atom, a UK app-based bank, has been accredited as a lender by the British Business Bank under the new Growth Guarantee...

Brokers can look forward to a strong second half of 2024, according to an industry leader. Rob Jupp, group chief executive at...

Mortgage approvals for house purchases fell slightly from 60,800 in April to 60,000 in May, says the Bank of England. Approvals for...

New research from the Intermediary Mortgage Landers Association suggests that the cumulative shortfall in first-time buyer numbers since the financial crisis...

Total mortgage lending sat at just £50.5 billion during the first quarter of 2024, the lowest level seen since interest rates...

New figures from UK Finance show a drop off in later life mortgage lending in recent months. There were 28,840 new loans...

The industry is sceptical about the effectiveness of Labour’s nw ‘Freedom To Buy’ initiative, which effectively makes the current mortgage guarantee...

The Mortgage Works is launching a new tool that provides brokers with the opportunity to support portfolio landlords.   With the buy...

Building societies' mortgage balances grew in the six months between October 2023 and March 2024, when they had declined across the...

FinTech company Mortgage Brain has partnered with large scale buy to let lender The Mortgage Works to host a free Mortgage...

The Building Societies Act 1986 (Amendment Bill) successfully passed its legislative stages as part of the last minute ‘wash up’ of...

There’s a warning that the general election campaign will probably mean that the interest rate cuts hoped for in June will...

UK digital bank Chetwood Financial has completed the acquisition of the buy to let mortgage lender CHL Mortgages for Intermediaries from...

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

UK mortgage lending is forecast to grow just 1.5% (net) in 2024, according to the latest EY ITEM Club Outlook for...

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

Real estate finance and investment business TAB has launched a long-term lending service extending to all stages of a property’s life...

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

Mortgage lending has fallen by -28.6% in the past year, according to a new analysis. Octane Capital analysed gross mortgage lending data*...

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

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

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

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

Leek Building Society has used its annual report and publication of accounts to mount a stout defence of its methodology regarding...

Sharia-compliant digital bank Nomo - part of Bank of London and The Middle East plc (BLME) - has linked with a...

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

The Cambridge Building Society has re-introduced top slicing on its standard Buy to Let range up to 80 per cent LTV. This...

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

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

A building society has launched a pilot project banning mortgage lending on holiday lets in two tourist areas for 12 months. Leeds...

The chief executive of a specialist business bank has paid tribute to the ‘amazing work’ carried out by its broker network. Gary...

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

A property agency has analysed the lending and housing markets to work out why so many mortgage applicants are couples. Benham and...

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

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

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

High street bank Virgin Money UK says there is light at the end of the tunnel for mortgages and the housing...

FinTech supplier Mortgage Brain has partnered with HSBC UK to host a free online masterclass on self-employed lending.  Taking place on February...

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

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

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

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

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

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

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

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

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

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

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...

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

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

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

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

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

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

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

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

The EY Item Club is warning that the UK is set to experience the slowest two-year mortgage growth in a decade. EY...

Contributors to a quarterly specialist finance publication have reported a 15.3 per cent increase in bridging loan transactions, totalling £191m, during...

The first time buyer economy, comprised of lending and spending, will reach £74.1 billion by 2025, according to research by Coventry...

The equity release market has seen growth for the first time in 12 months with quarterly increases in both new customers...

Molo, which calls itself the UK’s first fully digital mortgage lender, has launched a Non-Resident Buy-to-Let Mortgages, unlocking investment opportunities for...

A Bank of England report has expressed concern at the number of homeowners - especially young first time buyers - taking...

Analysts suggest that mortgage lending is likely to fall over the rest of 2023 with both demand and supply dropping thanks...

Atom bank has announced a partnership with climate tech business Kamma to give “an unparalleled view on both the physical and...

This week sees the start of Mortgage Vision, the free regional mortgage industry roadshow. Now in its 15th year, Mortgage Vision opens...

UK Finance’s latest Household Finance Review - for the second quarter of this year - lifts the lid on mortgages. The headlines...

A study of 7,000 people by a specialist predicts the UK specialist residential mortgage market will treble to £16 billion by...

There’s been a flurry of rate cuts from lenders serving all sector of the market as a battle begins for market...

A financial service trading statement by a major player this week highlights the issues facing the industry. LSL is one of the...

Beverley Building Society has entered the buy to let market with two new products. Its variable rate BTL for UK customers is...

The Bank of England’s latest base rate rise - up 0.25 per cent to 5.25 per cent - has been poorly...

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

Legal & General has launch a refreshed version of its mortgage research and sourcing platform, Legal & General Ignite. The upgraded platform...

Nearly half of mortgage brokers expect the volume of buy-to-let portfolio limited company lending they write to increase in the next...

Companies representing some 85 per cent of all mortgage lending have signed up to a new charter.  The lenders claims they have...

Trade body UK Finance has issued a timely reminder to the mortgage lending sector of its obligations to borrowers struggling following...

Nationwide Building Society has returned to lending at 95 per cent loan to value on non-new build flats. The society reduced its...

The latest market analysis by bridging finance specialists, Apex Bridging, has shown that £4.94bn was lent via bridging loan completions in...

SHW has announced that it has promoted two of its Directors to Partner level, taking its Partner total to 25. Gemma Quinn...

Despite the recent economic turbulence, the bridging market has seen more requests for fast, short-term finance. This type of finance provides certainty...

Newcastle Building Society has reported record lendings for 2022 of £586 million. Significant support was provided to Members, clients, and colleagues during...

The latest market analysis by specialist property lending experts, Octane Capital, reveals that recent uncertainty in the property market during the...

Tandem Bank today launched its residential purchase proposition. The move comes earlier than expected, following the market’s positive reaction to how it...

The Mortgage Lender has announced rate cuts across its entire residential range, including purchasing and re-mortgaging products. The specialist lender’s rate reductions...

Capricorn Financial Consultancy has released its market expectations for 2023, predicting that the UK mortgage market will have to acclimatise to...

A possible surge in defaults due to economic headwinds should result in lenders reviewing their loan books and underlying security, according...

Revolution Brokers claim that bridging loan lending has increased by nearly 50% since the Bank of England base rates began rising...

Property lending experts, Octane Capital, claim the UK’s mortgage brokerage market is estimated to increase by 12%. That would mean the industry...

The FinTech mortgage lender using AI to simplify the mortgage journey for homebuyers and re-mortgagers, MPowered Mortgages, has recently expanded its...

Luxury asset short-term lender, Suros Capital, has reportedly been seeing an increase in buoyant new business with its loan book now...

New research by specialist property lending experts, Octane Capital, shows that monthly mortgage payments could increase by £300 each month.  Homebuyers coming to...

Older borrowers could be missing out on the best mortgage and equity release deals through fears about the security of their...

As governmental changes sweep through the nation, countless elements within the property sector have been affected, including mortgages. Market analysis by specialist...

Mortgage broker, Henry Dannel, claim that over the past 12 months there has been a 22% increase in bridging loan lending...

We don’t like being the bearer of bad news, but a market analysis carried out by mortgage broker, Henry Dannell, reveals...

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

In this guest piece, Adrian Plant, director of Shared Ownership at Leaders Romans Group and Calum Toone, mortgage advisor at Mortgage Scout, delve into the...