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...
Archive
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
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
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
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
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
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
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
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
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
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
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
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
A residential mortgage lender is using AI to help brokers attract more customers as well as engage existing customers. MPowered Mortgages says...
25 October 2023
From: Breaking News
Atom bank has announced a partnership with climate tech business Kamma to give “an unparalleled view on both the physical and...
02 October 2023
From: Breaking News
Brokers are up in arms about alleged profiteering by buy to let mortgage lenders’ arrangement fees. These jumped last autumn as a...
23 August 2023
From: Breaking News
The latest Mortgage Market Tracker from the Intermediary Mortgage Lenders Association shows surprisingly upbeat market sentiment among advisers during the second...
21 August 2023
From: Breaking News
A financial service trading statement by a major player this week highlights the issues facing the industry. LSL is one of the...
08 August 2023
From: Breaking News
After the interest rate volatility, impact on product availability and consequent pressure on advisers, the Intermediary Mortgage Lenders Association and Association...
18 July 2023
From: Breaking News
There’s almost complete unanimity amongst analysts that this week will see yet another Bank of England base rate rise - and...
20 June 2023
From: Breaking News
The Intermediary Mortgage Lenders Association wants the government to give additional support to landlords It says the cumulative effects of regulatory and...
20 June 2023
From: Breaking News
Support appears to be growing for a campaign to improve lender communication and increase the notice given about withdrawn mortgage products. Brokers...
13 June 2023
From: Breaking News
Mortgage lenders and brokers have rarely had a higher profile than right now, when they are seen as key to the...
13 June 2023
From: Breaking News
After the latest rise in Bank of England Base Rate, mortgage lenders are offering new products to help those struggling to...
23 May 2023
From: Breaking News
There’s a growing optimism about the outlook for the mortgage market, according to the latest Mortgage Market Tracker report from the...
16 May 2023
From: Breaking News
Autumn 2023 will see the return of the Homebuyer Show Scotland in Glasgow, a dedicated show for Scottish homebuyers looking to...
18 April 2023
From: Breaking News
SHW has announced that it has promoted two of its Directors to Partner level, taking its Partner total to 25. Gemma Quinn...
04 April 2023
From: Breaking News
Capricorn Financial Consultancy has released its market expectations for 2023, predicting that the UK mortgage market will have to acclimatise to...
24 January 2023
From: Breaking News
New research by specialist property lending experts, Octane Capital, shows that monthly mortgage payments could increase by £300 each month. Homebuyers coming to...
06 October 2022
From: Breaking News
Property purchasing specialist, HBB Solutions, claim that buyers and sellers are having to negotiate an £8,000 reality gap due to down...
06 September 2022
From: Breaking News
We don’t like being the bearer of bad news, but a market analysis carried out by mortgage broker, Henry Dannell, reveals...
18 August 2022
From: Breaking News
This week’s mortgage roundup involves a month of firsts and milestones, with Proportunity and BuildLoan launching UK-first products for buyers. Meanwhile,...
05 July 2022
From: Breaking News
The UK’s largest financial services review site, Smart Money People, announced that building societies remain the top-rated sector for broker satisfaction. Leek...
21 June 2022
From: Breaking News
Q1 2022 saw the average number of mortgages placed per year by intermediaries fall slightly from the previous quarter, according to...
12 May 2022
From: Breaking News
A recent survey carried out by property purchasing specialist, HBB Solutions, has estimated that almost half of pandemic property purchases across...
28 April 2022
From: Breaking News
Stipendum, the platform that aims to simplify life’s complex events, has released a number of top tips to help the nation’s...
19 April 2022
From: Breaking News
The housing industry, like many other sectors, experienced a tumultuous 2021 as the pandemic continued to trigger exponential house price rises....
03 March 2022
From: Breaking News
PEXA, the Australian-founded fintech, has announced its plans to launch in the UK this year, following significant progress in testing its...
17 February 2022
From: Breaking News
Market analysis has revealed where house price growth could stutter should monthly interest payments start to climb as a result of...
11 January 2022
From: Breaking News
COP26 saw ambitious global net-zero targets being promised and industries are having to adapt to meet the national targets. Mortgage Advice...
16 December 2021
From: Breaking News
Hometrack, the leading provider of insight and intelligence to the UK mortgage market, has launched a Broker AVM, building on its 20-year...
16 December 2021
From: Breaking News
According to new figures released by Mojo Mortgages, UK homeowners are now borrowing more money from mortgage lenders than ever before...
09 September 2021
From: Breaking News
The latest mortgage search activity data from Legal & General Mortgage Club (L&G) shows signs that the market is beginning to...
17 June 2021
From: Breaking News
2020 was a year when every sector needed to learn how to adapt to challenging circumstances and the mortgage industry seems...
26 May 2021
From: Breaking News
The Nottingham has unveiled loan-to-value (LTV) limited company buy-to-let (BTL) fixed-rate products. The building society has announced four new two and five-year...
13 May 2021
From: Breaking News
Legal & General has integrated with mortgage and protection network HLPartnership to simplify access for advisers using the SmartrCriteria and SmartrFit...
25 March 2021
From: Breaking News
The total value of new mortgages set to be handed out in the coming months reached its highest level since 2007...
16 March 2021
From: Breaking News
A mortgage advisor is urging prospective buyers to act now before the stamp duty holiday comes to an end. Matt Colley, director...
19 November 2020
From: Breaking News
For a number of years now, HM Land Registry (Land Registry) has been one of the most innovative and forward-thinking government...
30 October 2020
From: PropTech
The vast majority of UK intermediaries (91%) remain positive about the outlook for the mortgage industry despite ongoing political uncertainty, according...
29 August 2019
From: Breaking News
Nearly three quarters (71%) of the UK’s growing self-employed population believe their employment status makes it harder to get a mortgage,...
16 May 2019
From: Breaking News
New research by Kensington Mortgages has revealed that interest-only mortgages are a significant problem in the financial system. The specialist mortgage lender...
25 April 2019
From: Breaking News
Over-55s now make up nearly 200,000 owner occupier housing transactions in England each year, according to the latest study from the...
11 April 2019
From: Breaking News
First-time buyers (FTBs) saw their completion rate for mortgage offers through intermediaries reach a three-year high of 89% in Q4 2018. That...
15 March 2019
From: Breaking News
The emergence of new digital tools and services is becoming an increasing driver of intermediary mortgage business, according to Intermediary Mortgage...
20 December 2018
From: Breaking News
A Brexit ‘uncertainty effect’ is washing over UK mortgage brokers after the largest drop in business volumes in more than two...
03 December 2018
From: Breaking News
The mortgage industry is failing to keep up with modern borrowers, according to a new study conducted by Together. It revealed that...
16 November 2018
From: Breaking News
First-time buyers and existing homeowners capitalised on low rates across the market in October, according to fresh research from e.surv. Its latest...
16 November 2018
From: Breaking News
The Intermediary Mortgage Lenders Association (IMLA) is urging government to provide clarity around the future of the Help to Buy Equity...
12 October 2018
From: Breaking News
Homeowners are ageing at a faster rate than the UK population as developments in post-retirement lending put a strain on the...
30 August 2018
From: Breaking News
Over three quarters (76%) of first-time buyers’ mortgage applications via intermediaries resulted in a completion in Q1 2018, the highest number...
15 June 2018
From: Breaking News
The UK surveying provider and property risk service, e.Surv Chartered Surveyors, has launched a remote valuation service. Set to offer mortgage lenders...
16 April 2018
From: Breaking News
Specialist mortgage marketplace lender Landbay has lent a total of £100 million to buy-to-let landlords since its 2014 launch. Recent regulatory changes...
20 March 2018
From: Breaking News
The majority (74%) of mortgage applications via intermediaries for first-time buyers resulted in a completion during Q4 2017, according to the...
09 March 2018
From: Breaking News
Commercial Trust Limited is urging landlords to speak with specialist buy-to-let mortgage broker firms as many are considering remortgaging options once...
16 January 2018
From: Breaking News
The Intermediary Mortgage Lenders Association (IMLA) has announced the election of a new Chair. Phil Rickards will take up the role from...
21 December 2017
From: Breaking News
Nearly seven in ten (69%) mortgage brokers saw an increasing demand for 35-year mortgages, according to the latest research from the...
24 October 2017
From: Breaking News
The value of specialist mortgage lenders’ annual lending has increased 19% per year since 2009, according to a new report from...
06 October 2017
From: Breaking News
New data from mortgage lender, Vida Homeloans, found more first-time buyers are seeking lenders for deals that cater to their needs...
08 September 2017
From: Breaking News
The mortgage market will reach its highest level of gross lending since the financial crisis during 2017, the Intermediary Mortgage Lenders...
02 May 2017
From: Breaking News
A study has revealed that many British consumers are fed up of mortgage lenders' impersonal and 'computer says no' approach. Research found...
07 April 2017
From: Breaking News
Brokers are encountering fewer difficulties when sourcing mortgages for clients than at any point since the introduction of the Mortgage Market...
05 April 2017
From: Breaking News
Average buy-to-let loans and deposits increased in 2016, new research from The Mortgage Broker Ltd has revealed. This came as a result...
27 January 2017
From: Breaking News
The Intermediary Mortgage Lenders Association (IMLA) is on the lookout for a new executive director. The news follows Peter Williams' announcement that...
25 January 2017
From: Breaking News
Following the introduction of new lending rules in April 2016, under the Mortgage Market Review (MMR), many banks and building societies...
18 January 2017
From: Breaking News
The one area in which a proper affordability assessment is ignored is lending to older borrowers, according to findings from The...
24 August 2016
From: Breaking News
A new report from the Council of Mortgage Lenders (CML) has shown that more mortgages were handed to first-time buyers in...
11 August 2016
From: Breaking News
Mortgage Intelligence (MI) has added Kent Reliance to its panel of mortgage lenders. Part of OneSavings Bank, the specialist lender will provide...
10 June 2016
From: Breaking News
A green mortgage research project called LENDERS is asking all householders in the UK for their help in completing a survey...
08 June 2016
From: Breaking News
Homemovers have just registered the highest success rate for turning mortgage applications into completions. Some 80% of homemover applications led to an...
03 June 2016
From: Breaking News
Gross mortgage lending fell 29% in April following the rush to beat the new stamp duty surcharge on buy-to-lets and second...
20 May 2016
From: Breaking News
Buy-to-let mortgage sales surged by 163% in the year to March as landlords raced to beat the new stamp duty surcharge...
18 May 2016
From: Breaking News
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...
22 April 2016
From: Breaking News
Lending to both residential buyers and property investors soared over the last year but experts warn there is a slowdown in...
14 April 2016
From: Breaking News
Lloyds Bank has launched an online remortgage service in a bid to make it easier to switch to a better deal. More...
30 March 2016
From: Breaking News
The Council of Mortgage Lenders (CML) has warned against further intervention in the buy-to-let market as the forthcoming tax crackdown looks...
22 March 2016
From: Breaking News
Gross mortgage lending in February hit its highest level for eight years after leaping 30% year-on-year. Lending totalled £17.6 billion which marks a fall from £18.5...
18 March 2016
From: Breaking News
House purchase values rose 20% in the final quarter of 2015 yet there was also a worrying drop in higher-LTV lending. The...
09 March 2016
From: Breaking News
The mortgage market has started 2016 "with a bang" as gross mortgage lending rose 21% year-on-year. Lending hit £17.9 billion in January,...
19 February 2016
From: Breaking News
First-time buyers returned in force in December to borrow £4.5 billion, a rise of 18% on one year ago. This also marked a rise of...
17 February 2016
From: Breaking News
Access to the mortgage market is widening as lenders rediscover their appetite for higher-LTV lending. Lenders have partly been encouraged by Government...
11 February 2016
From: Breaking News
Gross mortgage lending jumped 8% in 2015 to hit a better-than-forecast total of £220.3 billion. Lending in December totalled £19.9 billion, up 23% on...
22 January 2016
From: Breaking News
The besieged buy-to-let sector has enjoyed a rare piece of good news as a new study says landlords are displaying "considerable financial...
07 January 2016
From: Breaking News
Buy-to-let enjoyed another strong month in October with a 7% jump in lending and 5% rise in remortgages. But property experts warn...
16 December 2015
From: Breaking News
The property market is set for a strong finish to 2015 after a healthy 8% rise in house purchase lending in...
16 December 2015
From: Breaking News
The Council of mortgage lenders has urged action to make it easier for older and retired people to take out mortgages. The...
04 December 2015
From: Breaking News
Almost half of all customer enquiries to brokers ended in a mortgage completion in the third quarter of 2015. One in three customer...
23 November 2015
From: Breaking News
Christmas has come early for the mortgage industry which is celebrating the highest monthly lending figure for more than seven years. Gross mortgage lending...
20 November 2015
From: Breaking News
Mortgage lenders are increasingly using freebies to attract customers as it gets harder to compete on price. The number of mortgage products...