Archive

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*...

The number of new sellers coming to the market is up by 12% compared to this time a year ago, and...

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

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

Fall throughs are costing sellers some £909m a year - and that’s even on recent muted sales figures. Home Sale Pack has...

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

UK house prices fell by 0.2% in March. Nevertheless, the annual rate of house price growth edged higher to 1.6% in...

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

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...

New data from Rightmove reveals that Thursday March 28 was the biggest day for the number of new sellers coming to...

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

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

HSBC used the Easter period to launch its Energy Efficient Homes range, tailored for UK residential first time buyers, home movers...

The beleaguered construction sector - a good early indicator of later sales activity - has seen a welcome boost in some...

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

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...

A buying agency says stamp duty is one of the biggest obstacles to a healthy housing market driven. Recoco Property Search says...

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

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

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

Mortgage and protection CRM platform Smartr365 has renewed its longstanding partnership with Legal & General Mortgage Club. The agreement means members of...

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...

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

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...

Shared ownership has given the new-build division at national brokerage Just Mortgages a bumper start to 2024. New build leads and enquiries...

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

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

Some 42 per cent of regulated firms are reporting a rise in financial crime attempts, while more than a quarter say...

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

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

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

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...

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

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

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

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

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

It’s taken six months but LSL Property Services has announced that its acquisition of TenetLime is now complete. At the end of...

Global intelligence company Pepper Advantage, which has a portfolio of over 100,000 UK residential mortgages, says there’s been a dramatic increase...

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

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...

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

The number of mortgages with over 30-year terms sold to UK borrowers jumped 13 per cent in the year to end...

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

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...

The average price of property coming onto the market for sale rises by 1.3 per cent (equivalent to £4,571 for an...

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

Three years ago the Financial Conduct Authority banned discretionary commission arrangements in a bid to end the incentive for brokers to...

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

The so-called Generation X - those born between 1965 and 1980 - are finding it hardest to pay off their mortgage,...

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...

A record number of sellers came to market on Boxing Day 2023 according to Rightmove. The 26 per cent increase in new...

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

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

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...

The number of Londoners leaving the capital to move elsewhere in Britain dropped back sharply in 2023, following two years of...

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...

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

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

Some 20 per cent of first time buyers are snapping up mortgages of 35 years or more according to UK Finance. In...

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

A new survey - going against the trend of other housing market studies - suggests that house prices could rise six...

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

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

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

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

Rightmove is launching its first broker product, which will allow customers to access mortgage advice through the property website.   The portal,...

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

The average five-year fixed mortgage rate is now 5.21%, down from 5.62% a year ago The average two-year fixed mortgage rate is...

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

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...

A new study shows a remarkably low number of people seeking professional financial advice. The report is called State of Flux and...

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...

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

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 study by a price comparison platform suggests that many younger Britons are waiting to inherit before buying a home. In...

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

Rightmove claims that single first-time buyers on an average salary and with a 5.0 per cent deposit could not afford three-quarters...

The UK's largest mortgage lender expects house prices to fall this year and next before rising in 2025. Lloyds Banking Group -...

The Bank of England is expected to hold base rate at 5.25 per cent this week with many analysts expecting this...

Jo Breeden, managing director of Crystal Specialist Finance, writes: In his recent speech, the Prime Minister scrapped the proposed changes to EPC...

A range informal media briefings on behalf of the UK government suggest that an extension of the current mortgage guarantee scheme...

Searches for interest-only mortgages rose a hefty 51 per cent in the past month as buyers seek to improve affordability. Research data...

Landlords in the UK are paying 40 per cent more mortgage interest than in August 2022, which equates to an extra...

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

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

Is the mortgage price war really over? On the one hand there are good signs for the housing market - no substantial...

The latest industry index on property fall throughs by quick-buy property firm House Buyer Bureau shows the problem accelerating across the...