Archive

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...

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

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

The Intermediary Mortgage Lenders Association has given the thumbs down to the Budget of Chancellor Jeremy Hunt. The trade body was disappointed...

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

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

HM Land Registry says it’s working with mortgage lenders to ensure they will no longer need to chase conveyancers for updates...

The war between rival mortgage lenders continues with Halifax late last week undertaking its second re-price of the year (and it’s...

Falling swap rates - already falling over the past month - have dropped further following better-than-expected inflation news, triggering speculation over...

With the Bank of England maintaining base rate - as expected - at 5.25 per cent, the broker community ends 2023...

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

Low loan to value ratios from mortgage lenders are leaving an estimated 90,000 new build homes empty across the UK as...

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

A residential mortgage lender is using AI to help brokers attract more customers as well as engage existing customers. MPowered Mortgages says...

Atom bank has announced a partnership with climate tech business Kamma to give “an unparalleled view on both the physical and...

Brokers are up in arms about alleged profiteering by buy to let mortgage lenders’ arrangement fees. These jumped last autumn as a...

The latest Mortgage Market Tracker from the Intermediary Mortgage Lenders Association shows surprisingly upbeat market sentiment among advisers during the second...

A financial service trading statement by a major player this week highlights the issues facing the industry. LSL is one of the...

After the interest rate volatility, impact on product availability and consequent pressure on advisers, the Intermediary Mortgage Lenders Association and Association...

There’s almost complete unanimity amongst analysts that this week will see yet another Bank of England base rate rise - and...

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

Support appears to be growing for a campaign to improve lender communication and increase the notice given about withdrawn mortgage products.  Brokers...

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

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

There’s a growing optimism about the outlook for the mortgage market, according to the latest Mortgage Market Tracker report from the...

Autumn 2023 will see the return of the Homebuyer Show Scotland in Glasgow, a dedicated show for Scottish homebuyers looking to...

SHW has announced that it has promoted two of its Directors to Partner level, taking its Partner total to 25. Gemma Quinn...

Capricorn Financial Consultancy has released its market expectations for 2023, predicting that the UK mortgage market will have to acclimatise to...

New research by specialist property lending experts, Octane Capital, shows that monthly mortgage payments could increase by £300 each month.  Homebuyers coming to...

Property purchasing specialist, HBB Solutions, claim that buyers and sellers are having to negotiate an £8,000 reality gap due to down...

We don’t like being the bearer of bad news, but a market analysis carried out by mortgage broker, Henry Dannell, reveals...

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

The UK’s largest financial services review site, Smart Money People, announced that building societies remain the top-rated sector for broker satisfaction. Leek...

Q1 2022 saw the average number of mortgages placed per year by intermediaries fall slightly from the previous quarter, according to...

A recent survey carried out by property purchasing specialist, HBB Solutions, has estimated that almost half of pandemic property purchases across...

Stipendum, the platform that aims to simplify life’s complex events, has released a number of top tips to help the nation’s...

The housing industry, like many other sectors, experienced a tumultuous 2021 as the pandemic continued to trigger exponential house price rises....

PEXA, the Australian-founded fintech, has announced its plans to launch in the UK this year, following significant progress in testing its...

Market analysis has revealed where house price growth could stutter should monthly interest payments start to climb as a result of...

COP26 saw ambitious global net-zero targets being promised and industries are having to adapt to meet the national targets. Mortgage Advice...

Hometrack, the leading provider of insight and intelligence to the UK mortgage market, has launched a Broker AVM, building on its 20-year...

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

The latest mortgage search activity data from Legal & General Mortgage Club (L&G) shows signs that the market is beginning to...

2020 was a year when every sector needed to learn how to adapt to challenging circumstances and the mortgage industry seems...

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...

Legal & General has integrated with mortgage and protection network HLPartnership to simplify access for advisers using the SmartrCriteria and SmartrFit...

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

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

For a number of years now, HM Land Registry (Land Registry) has been one of the most innovative and forward-thinking government...

The vast majority of UK intermediaries (91%) remain positive about the outlook for the mortgage industry despite ongoing political uncertainty, according...

Nearly three quarters (71%) of the UK’s growing self-employed population believe their employment status makes it harder to get a mortgage,...

New research by Kensington Mortgages has revealed that interest-only mortgages are a significant problem in the financial system. The specialist mortgage lender...

Over-55s now make up nearly 200,000 owner occupier housing transactions in England each year, according to the latest study from the...

First-time buyers (FTBs) saw their completion rate for mortgage offers through intermediaries reach a three-year high of 89% in Q4 2018. That...

The emergence of new digital tools and services is becoming an increasing driver of intermediary mortgage business, according to Intermediary Mortgage...

A Brexit ‘uncertainty effect’ is washing over UK mortgage brokers after the largest drop in business volumes in more than two...

The mortgage industry is failing to keep up with modern borrowers, according to a new study conducted by Together. It revealed that...

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

The Intermediary Mortgage Lenders Association (IMLA) is urging government to provide clarity around the future of the Help to Buy Equity...

Homeowners are ageing at a faster rate than the UK population as developments in post-retirement lending put a strain on the...

Over three quarters (76%) of first-time buyers’ mortgage applications via intermediaries resulted in a completion in Q1 2018, the highest number...

The UK surveying provider and property risk service, e.Surv Chartered Surveyors, has launched a remote valuation service. Set to offer mortgage lenders...

Specialist mortgage marketplace lender Landbay has lent a total of £100 million to buy-to-let landlords since its 2014 launch. Recent regulatory changes...

The majority (74%) of mortgage applications via intermediaries for first-time buyers resulted in a completion during Q4 2017, according to the...

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

The Intermediary Mortgage Lenders Association (IMLA) has announced the election of a new Chair. Phil Rickards will take up the role from...

Nearly seven in ten (69%) mortgage brokers saw an increasing demand for 35-year mortgages, according to the latest research from the...

The value of specialist mortgage lenders’ annual lending has increased 19% per year since 2009, according to a new report from...

New data from mortgage lender, Vida Homeloans, found more first-time buyers are seeking lenders for deals that cater to their needs...

The mortgage market will reach its highest level of gross lending since the financial crisis during 2017, the Intermediary Mortgage Lenders...

A study has revealed that many British consumers are fed up of mortgage lenders' impersonal and 'computer says no' approach. Research found...

Brokers are encountering fewer difficulties when sourcing mortgages for clients than at any point since the introduction of the Mortgage Market...

Average buy-to-let loans and deposits increased in 2016, new research from The Mortgage Broker Ltd has revealed. This came as a result...

The Intermediary Mortgage Lenders Association (IMLA) is on the lookout for a new executive director.  The news follows Peter Williams' announcement that...

Following the introduction of new lending rules in April 2016, under the Mortgage Market Review (MMR), many banks and building societies...

The one area in which a proper affordability assessment is ignored is lending to older borrowers, according to findings from The...

A new report from the Council of Mortgage Lenders (CML) has shown that more mortgages were handed to first-time buyers in...

Mortgage Intelligence (MI) has added Kent Reliance to its panel of mortgage lenders. Part of OneSavings Bank, the specialist lender will provide...

A green mortgage research project called LENDERS is asking all householders in the UK for their help in completing a survey...

Homemovers have just registered the highest success rate for turning mortgage applications into completions. Some 80% of homemover applications led to an...

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...

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...

Lending to both residential buyers and property investors soared over the last year but experts warn there is a slowdown in...

Lloyds Bank has launched an online remortgage service in a bid to make it easier to switch to a better deal. More...

The Council of Mortgage Lenders (CML) has warned against further intervention in the buy-to-let market as the forthcoming tax crackdown looks...

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...

House purchase values rose 20% in the final quarter of 2015 yet there was also a worrying drop in higher-LTV lending. The...

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,...

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...

Access to the mortgage market is widening as lenders rediscover their appetite for higher-LTV lending. Lenders have partly been encouraged by Government...

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...

The besieged buy-to-let sector has enjoyed a rare piece of good news as a new study says landlords are displaying "considerable financial...

Buy-to-let enjoyed another strong month in October with a 7% jump in lending and 5% rise in remortgages. But property experts warn...

The property market is set for a strong finish to 2015 after a healthy 8% rise in house purchase lending in...

The Council of mortgage lenders has urged action to make it easier for older and retired people to take out mortgages. The...

Almost half of all customer enquiries to brokers ended in a mortgage completion in the third quarter of 2015. One in three customer...

Christmas has come early for the mortgage industry which is celebrating the highest monthly lending figure for more than seven years. Gross mortgage lending...

Mortgage lenders are increasingly using freebies to attract customers as it gets harder to compete on price. The number of mortgage products...

A dip in the number of mortgage approvals for house purchases in September was offset by a sharp rise in remortgaging. The Bank...