Archive

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

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

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

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

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

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

New research shows that sellers in Wales are likely to be hit hardest by a down valuation, with the average home...

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

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...

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

New Mortgage Lenders and Administrators statistics for Q4 2023 paint a very worrying picture of the mortgage market. That’s the view of...

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...

Some 40% of residential landlords with a mortgage - fixed, tracker or discount - are due to renew their mortgage rate...

New data from Zoopla suggests that the housing market is becoming buoyant despite widespread uncertainty over the exact direction of mortgage...

The estate agents’ trade body has made the unexpected move of calling on banks to cut mortgage rates. Rates are typically decided...

A specialist lender claims that first-time buyers could see annual mortgage costs climb by £398 per year, while landlords suffer a...

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

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

With the quick-fire mortgage rate cuts which characterised the past month now slipping into the rear-view mirror, the latest changes from...

Business consultancy Hargreaves Lansdown has identified three major risks associated with the current market, characterised by falling house prices and larger...

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...

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

The negative effects of higher mortgage rates on affordability were overestimated throughout 2023 with house prices having dropped one one to...

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

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...

There’s no prospect of a rapid recovery for the housing market in 2024 despite some green shoots appearing. The warning comes from...

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...

High end estate agency Savills has issued an update on prime markets in and around London and south east England. And it...

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...

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

Since the peak in July, the average five year fixed mortgage rate has reduced from 6.11 to 5.07 per cent while...

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

Cases of buy-to-let arrears have doubled in a single year, according to a new analysis. The research, from Octane Capital, analysed quarterly...

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...

Knight Frank says a reduction in mortgage costs as early as February - or perhaps more likely in Q2 next year...

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...

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...

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...

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...

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

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

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

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

The interest rate on the average five-year fixed mortgage has dropped below 6.0 per cent for the first time in nearly...

The number of three-year fixed mortgage products available from lenders has been rising over the last few months as borrowers coming...

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

Pressure on mortgage holders is leaving Briton struggling to cope with their mental and physical health according to a wellbeing service...

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

High interest rates are worsening the affordability issues at play in the housing market, the Halifax admits. It says that downward pressure...

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

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

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

Nationwide says the sharp rise in the costs of mortgages is causing a "significant drag" on the housing market - but...

The Intermediary Mortgage Lenders Association wants the government to give additional support to landlords It says the cumulative effects of regulatory 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...

Mortgage lenders and brokers have rarely had a higher profile than right now, when they are seen as key to the...

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

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

Gifts and loans from the Bank of Mum & Dad (BOMAD) totalled £8.8 billion in 2022, according to the latest analysis...

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

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...

Homebuyer confidence is higher than was expected at the end of 2022, according to a leading mortgage broker. Richard Campo, founder of...

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

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

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

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

New findings by Revolution Brokers reveal exactly how much more money homeowners and buyers can expect to pay for their mortgage...

Provider of retail financial product data, Moneyfacts, announced that although average rates have risen for a 10th consecutive month the average...

As interest and mortgage rates rise, mortgage providers are becoming stricter when it comes to who they will and will not...

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

A recent change in mortgage rules that required lenders to check whether homeowners could afford repayments at higher interest rates has...

Last week (June 16), the Bank of England increased the base rate by 0.25%, up from 1.00% to 1.25%. In response, Moneyfacts.co.uk...

Introducer Today returns with a bumper mortgage roundup, this time featuring the latest industry views on mortgage approvals, new and extended...

As the weather begins to warm up, many will be starting to think about giving their homes a seasonal spring clean....

According to new figures released by Mojo Mortgages, UK homeowners are now borrowing more money from mortgage lenders than ever before...

The Nottingham has introduced a new larger lending mortgage aimed at those looking to borrow over £350,000. Priced at 1.85%, the two-year...

Roma Finance has rebranded across all channels to providing lending less ordinary as standard. As part of its ambitious growth strategy, the...

The Nottingham has rolled out a new five-year fixed product as an option for people looking to remortgage in light of...

Pure Retirement has decided to expand its ‘Classic Lifetime Mortgage’ range to a wider selection of the equity release market. The latest...

First-time buyers and existing homeowners capitalised on low rates across the market in October, according to fresh research from e.surv. Its latest...

First-time buyers and others with small deposits took a greater share of the market last month than in August, according to...

The average cost of five-year fixed rate buy-to-let (BTL) mortgage products declined in the first quarter of 2018 despite the steady...

The cost of most mainstream mortgages were down when compared to the start of last year, according to the latest quarterly...

Borrowers are still opting for variable mortgages despite the Bank of England base rate increase, new figures from Yorkshire Building Society...

Shawbrook’s Residential Mortgages team announced that it has lowered the fixed and variable rates on its 55 Plus Interest-Only Mortgage. With interest-only...

First-time buyers accounted for half of all home purchase valuations in July, according to the latest research from Connells Survey &...

A record low in lifetime mortgage rates is driving enquiries about switching plans from existing customers, Bower Retirement say. The specialist retirement...