Archive

New research from Knowledge Bank has revealed that homeowners are utilising second charge mortgages to raise money to invest in buy-to-let...

Savings made during lockdown have allowed some borrowers to reduce their debt commitments, with a record £17.6 billion of mortgages repaid...

The total value of new mortgages set to be handed out in the coming months reached its highest level since 2007...

Adviser-facing resources have been released in recognition of the equity market predicted to pick up in 2021. Pure Retirement has put together a...

With tomorrow’s Budget expected to be one of the most significant in recent history, fresh research by MoneySuperMarket reveals 74% of...

The managing director of bespoke property search firm Index West Midlands says the government must urgently review the UK’s ‘outdated and...

Residential transactions across England and Wales fell by 41% in 2020 when compared to the previous year despite a boost in...

In the rush to complete property transactions by 31 March, it would be too easy to overlook putting buildings insurance in...

As we leave behind one of the strangest years in memory, we anticipate starting fresh in 2021. With a buoyant housing...

Equity Release Supermarket (ERS) has reported the behavioural shifts and factors still influencing customers due to the ongoing effects of the...

Together has updated its criteria to allow more automatic property valuations to reduce costs and speed up mortgage applications. The specialist lender...

Like most industries impacted by the Covid pandemic, the world of bridging finance has experienced a contradictory, sometimes stormy and altogether...

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

A mortgage advisor is urging prospective buyers to act now before the stamp duty holiday comes to an end. Matt Colley, director...

Half (47%) of people who haven’t yet retired and experienced lockdown loneliness are now reconsidering their later life plans, according to...

Shawbrook Bank has announced the return of some of its pre-pandemic criteria following the easing of lockdown. The specialist bank was among...

Paymentshield has launched a series of webinars to help brokers develop general insurance (GI) knowledge to enable them to protect and...

There is evidence of continuing volatility in the mortgage market, with different criteria searches among brokers reaching the top five, according...

Pure Retirement has started the new year by making changes to its heritage range criteria, aiming to give consumers more choice...

The Bank of Mum and Dad (BoMaD) is currently spending an average of £6,000 more than in 2018 to help loved...

Specialist banking group, Paragon, has reported a 16% increase in first-half mortgage lending to £834 million – up from £721 million...

Trussle, the UK’s first online mortgage broker, is campaigning for fairer mortgages. The company has launched a manifesto which seeks to champion...

Nottingham Building Society has cemented its position as a leading Cash Lifetime ISA (LISA) provider as it becomes the only society...

There has been a shift in broker searches regarding equity release, while searches for lenders that allow houses of multiple occupation...

My Home Move has won the title of ‘Best Conveyancing Firm’ at this year’s Mortgage Strategy Awards. This award follows the firm...

HL Partnership (HLP) and Mortgage Support Network (MSN) have announced that they will host a series of eight regional conferences in...

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

The buy-to-let sector could be entering another period of stabilisation, according to recent analysis carried out by Mortgage Brain. The cost of...

Just Mortgages’ self-employed division has now reached 100 brokers – an increase of 23% since the end of 2017. Launched with just...

Secure Trust Bank continues to expand its service, having signed 30 new partnerships during its first 12 months of operation. Launched in...

Commercial Trust Limited is urging landlords to speak with specialist buy-to-let mortgage broker firms as many are considering remortgaging options once...

The latest ‘bubble alert’ from One 77 Mortgages found lending in March 2017 was in decline compared to March last year...

Members of ASTL have written approximately £3 billion worth of bridging loans in the last year, up from £2.8 billion for...

First Complete and Pink have revealed that their mortgage, protection and general insurance sales all reached record highs in 2017. The two...

Paragon Mortgages’ latest Financial Advisors Confidence Tracking (FACT) Index report has revealed that the preference for fixed-rate mortgages reached an all-time...

The number of properties available to buy through estate agents in March was the lowest level recorded for the third month...

Research carried out by Equifax Touchstone, analysing the intermediary marketplace, has revealed that Northern Ireland had the highest regional mortgage sales...

Buy-to-let mortgage lender Landbay has announced that it has refreshed its product range aimed at both amateur and professional landlords, reducing...

Comprehensive changes have been carried out by New Street Mortgages to its buy-to-let proposition. The changes, which go live today (28 March),...

The Society of Mortgage Professionals (SMP) has announced that it is expanding its roadshow this year from 10 to 12 regional...

If the weakened pound and unrest around the continent we sometimes claim to be a part of have combined to put...

The latest Broker Sentiment Survey by bridging lender MTF has found that delays to mortgage applications have caused brokers the most...

Back in 1980 I took out my first mortgage to buy a flat in Birmingham. The flat was very affordable and...

Buy-to-let investors have started selling off properties as Chancellor George Osborne's tax crackdown begins to bite. Demand is also likely to fall...

First-time buyer sales soar last month as landlords abandoned the market following the introduction of the new stamp duty surcharge on 1...

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

Residential property transactions plunged by almost half in April in the wake of a bumper March. The seasonally adjusted estimate fell by 45.2% last...

Paragon Mortgages has almost doubled its buy-to-let lending in just six months. New buy-to-let lending hit £823.6 million for six months to...

Fewer homeowners are remortgaging to increase the size of their loan, with less than a quarter doing so in April. However, the...

Gross mortgage lending fell 29% in April following the rush to beat the new stamp duty surcharge on buy-to-lets and second...

Buy-to-let mortgage sales surged by 163% in the year to March as landlords raced to beat the new stamp duty surcharge...

The surge in buy-to-let transactions in the run-up to the stamp duty surcharge on 1 April has left first-time buyers facing...

The price of the average home in London broke through the £600,000 price barrier in April for the first time, Home values in...

Demand for UK property has dipped for the first time in 12 months in the latest sign of housing market weakness. However,...

The surging remortgaging sector has helped to offset April's seasonal housing market slowdown, new figures show. Total valuations carried out in April rose...

The latest edition of the Bank of England’s Money and Credit Figures show mortgage lending was strong in the first quarter...

Two sets of industry data published yesterday suggest that house price growth is finally starting to slow. Nationwide's figures showed annual house price...

First-time buyer activity grew strongly in March as they fought back against property investors. Total first-time buyer transactions 32,500, the highest monthly...

The supply of rental properties plunged in the run-up to the new stamp duty surcharge on 1 April and further falls are...

Brokers have more choice than ever before with the number of mortgage products hitting an all-time high in March. However, new mortgage application...

The average amount of equity withdrawn through remortgaging has hit a new high with borrowers taking out £31,887 on average. This is...

Brokers and lenders are celebrating a "bumper month" which saw borrowing in March 64% higher than one year earlier. Gross mortgage borrowing...

The number of properties for sale jumped by more than half in March as buy-to-let investors exited the market. Demand fell at the...

March saw a significant slump in buy-to-let activity with sales falling 26.2% compared to February. The fall of £1.04 billion came despite an expected last-minute...

Gross mortgage lending surged in March due to the buy-to-let let boom but transactions now look set to drop by 10,000 a...

Buy-to-let landlords enjoyed total annual returns of 12.2% over the last year helped by the flurry of purchases in the run-up...

The Legal & General Mortgage Club delivered a record month in March with completions up 33% year-on-year. Total lending of £4.7bn was...

The housing market is facing a “climate of uncertainty” as the UK waves goodbye to buy-to-let boom, according to the Royal...

Interest in purchasing buy-to-let properties has collapsed as new tax changes start to bite. The number of people planning to buy a...

March saw a sharp drop in buy-to-let valuations activity as landlords ran out of time to beat the stamp duty surcharge on 1 April. Valuation activity dropped...

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

The number of rental properties spiked by more than 20% in the final week before the stamp duty surcharge was introduced, new figures...

The last day of March saw record-breaking property completions as investors rushed to beat the beat stamp duty tax hike. UK mover...

Transactions in prime central London picked up in March due to falling asking prices and the buy-to-let stamp duty surcharge. Latest research...

Buy-to-let investors were racing to beat the new 3% duty surcharge right up to midnight on 31 March as a frantic first quarter drew...

Brokers have welcomed latest Bank of England statistics that show a jump in mortgage approvals in February. The increase was partly down to...

The average price of a property coming to market in England and Wales has passed £300,000 for the first time. Asking prices...

Paragon Mortgages has begun accepting applications for consumer buy-to-let via its sister brand Mortgage Trust. The buy-to-let specialist’s online application system is...

February saw the second highest monthly total of house purchase approvals since January 2014 as buy-to-let investors raced to meet April's...

Tomorrow will mark the seventh anniversary of 0.5% interest rates but property experts warn that cheap money won't last forever. The average...

The number of mortgages on the market has hit a post-crisis high with broker-distributed deals leading the charge. Total deals on the...

Time is running out to escape the stamp duty surcharge on buy-to-let properties and second homes and the cost of failure is...

The Bank of England voted to hold interest rates by 9-0 yesterday which means they will stay at 0.5% for a full seven...

Interest rate cuts following the financial crisis have reduced annual mortgage costs by more than £22 billion, new figures show. The 4.5 percentage...

Coventry Building Society and The Co-operative Bank have both launched competitive new mortgage deals. Coventry has reduced the rate on its residential and...

Market confidence among intermediaries is at a record high due to rising prices, strong remortgage demand and healthy lender funding. The only...

The number of first-time buyers rose by almost a quarter in 2015 despite growing fears that they are being squeezed out...

The new surcharge on stamp duty for buy-to-let and second homes is set to cause conveyancing “mayhem” next year. Broker Conveyancing has...

Second charge mortgage lending is set to top £1 billion this year with £93 million worth of monthly secured lending in...

UK housing market activity climbed to its highest level for six months in September. The total number of property valuations was also the...

The large majority of brokers and lenders fear that new EU regulations may hit UK mortgage lending. New research shows that 74% of...

Rents across England and Wales have hit a fresh high after a record surge in July, new figures show. The average rent...

UK house prices increased 5.7% in the year to June but London is trailing as the capital's property market continues to...

Confidence in the outlook for UK house price growth slipped back in June, according to the Halifax Housing Market Confidence Tracker. This...

The volume of residential and buy-to-let mortgage lending in May reached its second highest level in eight years, new analysis has...

Prices of properties near the main site of the 2012 London Olympics are increasing at twice the average rate in the...

Brokers have welcomed new official figures showing that house prices in England and Wales are within a whisker of their all-time high. House...

Mortgage borrowing jumped to a six-year high in May and average deposits also hit a new post-recession peak, new figures show. Deposits have...

The British Bankers’ Association is working on a project that ensures small businesses won’t be left out in the cold. Banks will...

Mortgage sourcing systems – it’s all about accuracy Since the first mortgage sourcing system was built in 1986, their capabilities, not to...

Bridging lending has seen rapid growth while the mainstream mortgage market has contracted, new figures suggest. Annual gross bridging grew 35% in year...

Record low interest rates couldn't prevent a decline in lending and house prices in April. UK house prices increased by 5.5% in...

The property market shrugged off pre-election jitters to jump 1% in April, according to Nationwide. Experts say the housing market is now "a...

The value of remortgage lending slumped to a two-year low in March after falling 8% over the last 12 months. Total gross...

Buy-to-let lending grew at more than 12 times the pace of the residential market in the first quarter of this year. While buy-to-let...

Improve mortgage affordability is helping borrowers on lower incomes to climb the property ladder. Mortgage applications surged 18% in March in response to...