Archive

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

Just Mortgages, one of the UK’s largest mortgage brokerages, is hosting its second broker academy of the year. The programme caters to...

Mortgage lending has fallen by -28.6% in the past year, according to a new analysis. Octane Capital analysed gross mortgage lending data*...

Jonathan Samuels, chief executive of Octane Capital, believes that with the property market now showing early signs of a return to...

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

New Financial Conduct Authority statistics display housing market turbulence over the past two years, raising concerns about buyers and lenders in...

An analysis of government house price data by business consultancy Hargreaves Lansdown suggests the typical mortgage term for a first time...

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

MPs on the all-party Levelling Up, Housing and Communities Select Committee want to quiz representatives from across the house selling community about...

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

John Charcol’s` new owners say they will grow the adviser base and diversify and develop the product offering of the high-profile...

Fall throughs are costing sellers some £909m a year - and that’s even on recent muted sales figures. Home Sale Pack has...

UK house prices grew in March on a quarterly basis, by 2.0%, with annual growth slowing to 0.3%, from 1.6% in...

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

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...

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...

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

Yorkshire Building Society new fee-free offer will enable first-time buyers across England, Scotland or Wales with a £5,000 deposit to purchase...

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

Homes Under The Hammer property expert Lucy Alexander is fronting a new campaign to identify empty homes and bring them back...

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...

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...

Kent Reliance for Intermediaries - part of the OSB Group - has refreshed products across their residential, buy to let, and...

Sharia-compliant digital bank Nomo - part of Bank of London and The Middle East plc (BLME) - has linked with a...

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

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

A buying agency says stamp duty is one of the biggest obstacles to a healthy housing market driven. Recoco Property Search says...

Fewer people are concerned about paying their mortgage and fewer believe mortgage affordability is a barrier to home buying.  That’s the verdict...

There’s been an angry reaction to news that from today - March 18 - Halifax is changing the maximum age allowed...

The latest housing market snapshot from the Royal Institution of Chartered Surveyors shows the number of buyers has risen for the...

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

A new study has revealed the best and worst UK regions for first-time buyers based on house affordability and earning potential.  The...

April Mortgages has struck a deal for new technology to help it introduce Dutch-style loans into the UK. The new mortgage type...

Foundation Home Loans has launched two HMO products for first-time landlords under its ‘Buy to Let by Foundation’ wrapper. Both are available...

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

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

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

A building society has launched a pilot project banning mortgage lending on holiday lets in two tourist areas for 12 months. Leeds...

Shared ownership has given the new-build division at national brokerage Just Mortgages a bumper start to 2024. New build leads and enquiries...

The chief executive of a specialist business bank has paid tribute to the ‘amazing work’ carried out by its broker network. Gary...

The Financial Conduct Authority is working with 12 lenders and administrators to probe the interest-only mortgage market. The number of IO and...

Downsizers across England and Wales could unlock an average £305,090 by moving from a four bed to a two bed home,...

Some 42 per cent of regulated firms are reporting a rise in financial crime attempts, while more than a quarter say...

Remortgagers, not buyers, are fuelling the increase in mortgage industry activity. That’s the view of Octane Capital following an analysis of Bank...

Tom Davies has started with Leaders Romans Group as the company’s first group financial services managing director. This new position coincides with...

There were 29,060 new mortgages taken out by older borrowers over 55 in the last three months of 2023 - down...

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

Nearly four in 10 portfolio landlords, those with four or more properties, plan to increase the size of their portfolios in...

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

After reaching the milestone of £250m in 2022, specialist lender Cohort Capital increased originations by 60 per cent in 2023 to...

High street bank Virgin Money UK says there is light at the end of the tunnel for mortgages and the housing...

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

There’s been widespread speculation that the UK is just weeks away from seeing the launch of a Dutch mortgage product with...

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

It’s taken six months but LSL Property Services has announced that its acquisition of TenetLime is now complete. At the end of...

FinTech supplier Mortgage Brain has partnered with HSBC UK to host a free online masterclass on self-employed lending.  Taking place on February...

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...

The vast majority of high net worth individuals have faced mortgage rejections and had to accept lower loan-to-value ratios than they...

Almost two thirds of first time buyers mortgage completions are in joint names (with two or more people), according to the...

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

National brokerage Just Mortgages has opened nominations for its new leadership programme, which it claims is “designed to find and develop...

The UK's largest building society has slashed its cheapest mortgage rate to an eight-month low and significantly under the Bank of...

London estate agency Foxtons says its latest survey shows a major uptick in the confidence of potential sellers.  While 38 per cent...

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

The number of mortgages with over 30-year terms sold to UK borrowers jumped 13 per cent in the year to end...

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

The Suffolk Building Society has launched new mortgage products aimed at private landlords who are planning refurbishments, such as a new...

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

Lifetime mortgage fund usage continues to show a mixture of aspirational and needs-based borrowing, according to figures from lender Pure Retirement....

There are growing fears that the hoped-for Bank of England base rate cut this spring - the first off possibly several...

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

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

Shawbrook has become the first bank in the UK to offer limited companies the ability to remortgage using the digital conveyancing...

Bank of England governor Andrew Bailey is warning that ‘future shocks’ may yet derail economic recovery. In a session with MPs at...

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

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

Awareness of green mortgages is dipping among buyers, according to new research. Almost two thirds of mortgage advisers say their clients have...

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...

Two organisations have joined forces to create a new platform dedicated to providing holiday let mortgages. Holiday Cottage Handbook Financial Services claims...

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...

Metro Bank says it will not, after all, be selling its residential mortgage portfolio despite widespread industry speculation that it was...

Research from Coventry for Intermediaries has revealed that there is a clear generational difference in attitude when it comes to making...

The number of Londoners leaving the capital to move elsewhere in Britain dropped back sharply in 2023, following two years of...

Crystal Specialist Finance has conducted its Annual Survey with over 10,000 brokers for the second year running. The point is to see...

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...

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

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

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

Some 20 per cent of first time buyers are snapping up mortgages of 35 years or more according to UK Finance. In...

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...