Archive

Five major lenders - NatWest, Barclays, Accord, Leeds Building Society and HSBC - have all announced rate increases so far this...

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

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

The majority of buyers and sellers in the prime housing market will not be deterred by the upcoming General Election, claims...

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

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

Mortgage Advice Bureau has developed a new tool to assess a customer’s financial resilience based on their level of protection. The financial...

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...

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

The average volume of UK properties listed for sale month-on-month rose by 58% in 2023 compared to a year previously, underscoring...

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

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

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

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

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

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

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

Average mortgage rates on the overall two- and five-year fixed rate deals have now been falling for six consecutive months. The overall...

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...

New research indicates that the Bank of Mum and Dad may not be as prevalent as it once was, with the...

Respected estate agency and property consultancy Savills is warning that house prices may dip in 2024. In the run-up to Christmas it...

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

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...

Shadow Chancellor Rachel Reeves says first time buyers could benefit from a "revolution in home ownership" with 25-year fixed-rate mortgages. Reeves says...

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

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...

One of the UK’s biggest house builders, the FTSE 250-listed Persimmon, says its 2023 sales were better than expected - but...

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

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

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

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...

National brokerage Just Mortgages hits the road in the New Year with roadshows to support its self-employed advisers. The in-person events are...

Two-year fixed rate mortgages have dipped below six per cent for the first time since June this year. Back in June there...

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

Nationwide has reduced selected mortgage rates by up to 0.43 per cent across its New Business, Switcher, Additional Borrowing, Existing Customers...

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

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

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...

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

There are growing fears of yet another Bank of England base rate rise next month following the surprise inflation figure released...

Skipton Building Society has made what some brokers call an “unprecedented move” by offering rates for existing borrowers switching products starting...

The buy-to-let sector has seen fixed rates fall and product choice grow month-on-month, according to the latest analysis by Moneyfactscompare. Overall buy-to-let...

It’s now the tenth week that average rates of dropped, as the slow but steady downward trend of fixed-mortgage rates continues.  As...

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

It’s now one year since former Prime Minister Liz Truss and Chancellor Kwasi Kwarteng’s ill-fated mini-budget, which acted as a catalyst...

Metro Bank customers will now benefit from a smoother house buying process thanks to a new partnership with Legal & General...

Brokers have criticised NatWest for allegedly offering a sub-5.0 per cent 60 per cent LTV five -year fixed mortgage rate direct...

The head of a specialist buy to let mortgage broker has controversially told landlords that the scrapping of Section 21 eviction...

There’s been a backlash from the mortgage industry following Prime Minister Rishi Sunak’s Eco U-turn last week.  In recent months a growing...

Brokers are warning that dramatic council ‘effective bankruptcies’ will increase local residents’ tax bills and so hurt mortgage affordability. This follows the...

Data from mortgage research and sourcing platform Legal & General Ignite reveals a significant spike in searches for Interest Only products...

Equifax data has found that 41 per cent of live mortgages in the UK are held by customers who will be...

Brokers are wanting that the recent Rightmove asking price index does not mean that sellers are necessarily in a position to...

A survey by property portal OnTheMarket suggests that only six per cent of home movers are concerned in any way about...

There is speculation that the recent spate of figures from the UK economy may prompt a war between mortgage providers as...

The number of interest-only (750,000) and part-interest-only (245,000) mortgages has halved since 2015, new Financial Conduct Authority analysis has found.  The fall...

A new analysis suggests that mortgage approval levels will decline by 11 per cent annually come the end of 2023. Octane Capital...

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

New Freedom of Information data from the FCA - gathered by Quilter, the wealth manager and financial adviser - reveals that...

There’s general agreement amongst brokers and other finance sector professionals that the Bank of England will next week raise interest rates...

Property portal and end-to-end transaction service OneDome says it wants to acquire more mortgage brokers as it reveals its HomeBuyer service...

Legal & General’s new Ignite platform has seen a rise of 53 per cent in one month for broker searches for...

The Bank of England’s latest stress test of the financial system suggests that UK's eight largest lenders could survive a worst...

Lenders have reported the UK's biggest increase in mortgage defaults since 2009 - and they expect worse to come this autumn. The...

The latest house price index - this one from the Halifax - has triggered a huge wave of concern about the...

Mortgage approvals rose by just over three per cent from 49,000 in April to 50,500 in May according to new Bank...

Pepper Advantage, a global credit intelligence company with over $60 billion in assets under management, has published a gloomy report on...

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

The latest monthly criteria index from Knowledge Bank highlights the pressing financial difficulties for many in the UK - and with...

New research from bridging specialist and buy to let lender Mercantile Trust reveals an apparent lack of awareness among brokers and...

The Bank of England’s monetary policy committee does not meet until June 22 but that doesn’t mean there’s any let up...

A new analysis by Moneyfactscompare - perhaps still better known by its old name, Moneyfacts - shows precisely how many mortgage...

After the latest rise in Bank of England Base Rate, mortgage lenders are offering new products to help those struggling to...

New seller asking prices rise by just 0.2% (+£890) this month to £366,247, which is notably lower than the average increase...

Accord Mortgages is making further changes to its buy-to-let and residential rates. For the second time in as many weeks, buy to...

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

Mortgage interest rates increased by 2.56% in 2022, with a sharp increase from 1.51% in January to a record 4.07% on...

People aged 18-24 are more than twice as likely to choose a tracker mortgage than any other age group Those 55 or...

Mortgage holders swallowed another bitter pill last week when the Bank of England raised interest rates for the tenth consecutive time. The...

The Monetary Policy Committee of the Bank of England meets on Thursday with the market expecting them to announce 0.5% raise...

Staying close to a mortgage broker will be an important part of timing a house purchase correctly in 2023. Mortgage rates will...

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

Technology firm, OneDome, has bought CMME Mortgage and Protection for an undisclosed sum. Describing itself as the world’s first eHomebuying platform, OneDome...

THE increase in growth announced is a “very welcome” tonic for the housing sector, according to a leading property association. The National...

It was announced yesterday that companies regulated by the Council for Licensed Conveyancers (CLC) will not face any rise in application fees, licence fees...

Mortgage rates in the UK have risen significantly during 2022, which appears to have proven an issue for homeowners hoping to switch...

While Halloween may be the time of year when homeowners want to shout about their haunted house, the latest research by...

Research by property maintenance solution provider, Help me Fix, has revealed that by adding an additional bedroom to your home could...

New homes PropTech platform, Unlatch, has recently been appointed as a partner to Third.i Group, the Australian-founded developer now dominating the...

The new homes sales progression and aftercare platform, Unlatch, reveals that Great Britain’s new-build housing market is worth almost £3 billion. In accordance...

Foreign buyers from the United States have been benefitting from a weakening pound to the greatest extent, the latest research by...

Mortgage broker, Henry Dannell, recently conducted a market analysis which reveals the most expensive postcode districts in London. As England's capital city, it...

Hertfordshire-based bridging lender TAB completed an impressive £34 million of loans back in August – up from £30 million in June...