Homes Under The Hammer property expert Lucy Alexander is fronting a new campaign to identify empty homes and bring them back...
Archive
The average volume of UK properties listed for sale month-on-month rose by 58% in 2023 compared to a year previously, underscoring...
27 March 2024
From: Breaking News
Some of the biggest names in the trade, lending and advisory sectors have produced a report outlining the vast significance that...
27 March 2024
From: Breaking News
The beleaguered construction sector - a good early indicator of later sales activity - has seen a welcome boost in some...
27 March 2024
From: Breaking News
A think tank is urging the UK government to initiate mortgage market reforms to promote higher home ownership. The Social Market Foundation...
27 March 2024
From: Breaking News
There’s been broad support for Santander’s decision that Universal Credit will be considered an acceptable form of secondary income for mortgage...
25 March 2024
From: Breaking News
Leek Building Society has used its annual report and publication of accounts to mount a stout defence of its methodology regarding...
25 March 2024
From: Breaking News
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...
25 March 2024
From: Breaking News
Kent Reliance for Intermediaries - part of the OSB Group - has refreshed products across their residential, buy to let, and...
25 March 2024
From: Breaking News
Sharia-compliant digital bank Nomo - part of Bank of London and The Middle East plc (BLME) - has linked with a...
25 March 2024
From: Breaking News
Mortgage lender Halifax is imposing a new 70-year age limit on the terms of its home loans for some borrowers. This has...
20 March 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
Analysis from estate agency Yopa reveals that while the London market may be the worst performing in terms of house prices, it...
20 March 2024
From: Breaking News
A buying agency says stamp duty is one of the biggest obstacles to a healthy housing market driven. Recoco Property Search says...
20 March 2024
From: Breaking News
Fewer people are concerned about paying their mortgage and fewer believe mortgage affordability is a barrier to home buying. That’s the verdict...
20 March 2024
From: Breaking News
There’s been an angry reaction to news that from today - March 18 - Halifax is changing the maximum age allowed...
18 March 2024
From: Breaking News
The average shelf-life of a mortgage product is just 15 days, with lenders increasing fixed rates, says Moneyfacts. Average mortgage rates on...
18 March 2024
From: Breaking News
The latest housing market snapshot from the Royal Institution of Chartered Surveyors shows the number of buyers has risen for the...
18 March 2024
From: Breaking News
Mortgage and protection CRM platform Smartr365 has renewed its longstanding partnership with Legal & General Mortgage Club. The agreement means members of...
18 March 2024
From: Breaking News
Some 40% of residential landlords with a mortgage - fixed, tracker or discount - are due to renew their mortgage rate...
18 March 2024
From: Breaking News
The Cambridge Building Society has re-introduced top slicing on its standard Buy to Let range up to 80 per cent LTV. This...
13 March 2024
From: Breaking News
Kensington Mortgages has lowered rates and reduced arrangement fees across selected 90 and 95 per cent Loan To Value products. For its...
13 March 2024
From: Breaking News
The ‘average’ 25 year mortgage term is increasingly becoming a thing of the past says USwitch. A recent study of the data...
13 March 2024
From: Breaking News
New data from Zoopla suggests that the housing market is becoming buoyant despite widespread uncertainty over the exact direction of mortgage...
13 March 2024
From: Breaking News
A new study has revealed the best and worst UK regions for first-time buyers based on house affordability and earning potential. The...
13 March 2024
From: Breaking News
The Nationwide Building Society has agreed to buy Virgin Money in a £2.9 billion deal - a rare example of a...
11 March 2024
From: Breaking News
April Mortgages has struck a deal for new technology to help it introduce Dutch-style loans into the UK. The new mortgage type...
11 March 2024
From: Breaking News
Foundation Home Loans has launched two HMO products for first-time landlords under its ‘Buy to Let by Foundation’ wrapper. Both are available...
11 March 2024
From: Breaking News
Homebuyer appetites for new-build properties have dipped. Demand dropped 1.1 per cent in the last quarter according to analysis by easyMoney of...
11 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
Rightmove says the housing market needs a more innovative mortgage initiative than the 99 per cent idea floated by the government. The...
06 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
A building society has launched a pilot project banning mortgage lending on holiday lets in two tourist areas for 12 months. Leeds...
06 March 2024
From: Breaking News
Shared ownership has given the new-build division at national brokerage Just Mortgages a bumper start to 2024. New build leads and enquiries...
06 March 2024
From: Breaking News
The chief executive of a specialist business bank has paid tribute to the ‘amazing work’ carried out by its broker network. Gary...
06 March 2024
From: Breaking News
Experts have lashed out at lenders who reprice products, sometimes with just a few hours’ notice. And many suggest that lenders are...
04 March 2024
From: Breaking News
Last week Halifax - previously an outlier amongst major lenders - announced it was raising rates, following the likes of Santander,...
04 March 2024
From: Breaking News
The buy to let mortgage sector has seen fixed rates fall to their lowest point since September 2022, according to analysis...
04 March 2024
From: Breaking News
Hampshire Trust Bank has launched a limited edition two year discounted Flex tracker across its buy to let and semi-commercial offerings....
04 March 2024
From: Breaking News
Hodge has made significant changes to its 50+, Retirement Interest Only (RIO) and Holiday Let Mortgage property criteria. The updates include the...
04 March 2024
From: Breaking News
The Financial Conduct Authority is working with 12 lenders and administrators to probe the interest-only mortgage market. The number of IO and...
28 February 2024
From: Breaking News
A survey of 2,000 adults by lender Together sheds light on parental help for first time buyers. It shows that a fifth...
28 February 2024
From: Breaking News
Downsizers across England and Wales could unlock an average £305,090 by moving from a four bed to a two bed home,...
28 February 2024
From: Breaking News
Some 42 per cent of regulated firms are reporting a rise in financial crime attempts, while more than a quarter say...
28 February 2024
From: Breaking News
Remortgagers, not buyers, are fuelling the increase in mortgage industry activity. That’s the view of Octane Capital following an analysis of Bank...
28 February 2024
From: Breaking News
Halifax moved entirely in the opposite direction to its rivals at the very end of last week, cutting rates instead of...
26 February 2024
From: Breaking News
It’s been a torrid time for rates, going back up for HSBC, Santander, TSB, Virgin Money, NatWest and many other mainstream...
26 February 2024
From: Breaking News
The true cost of stamp duty is two thirds greater than the tax itself because it obliges buyers to spend far...
26 February 2024
From: Breaking News
Tom Davies has started with Leaders Romans Group as the company’s first group financial services managing director. This new position coincides with...
26 February 2024
From: Breaking News
There were 29,060 new mortgages taken out by older borrowers over 55 in the last three months of 2023 - down...
26 February 2024
From: Breaking News
A property agency has analysed the lending and housing markets to work out why so many mortgage applicants are couples. Benham and...
21 February 2024
From: Breaking News
A unique system of returning rent to tenants to allow them to save for a deposit on a property has been...
21 February 2024
From: Breaking News
There’s been a surge in enthusiasm for energy efficient homes according to research from heat pump advocates OVO. It says that a...
21 February 2024
From: Breaking News
A specialist lender claims that first-time buyers could see annual mortgage costs climb by £398 per year, while landlords suffer a...
21 February 2024
From: Breaking News
Diverse views have emerged from financial services figures in response to last week’s news that the headline rate of inflation remained...
21 February 2024
From: Breaking News
NatWest has made changes to its product ranges for both new business and existing customers. New borrowers can expect a rate increase...
19 February 2024
From: Breaking News
Nearly four in 10 portfolio landlords, those with four or more properties, plan to increase the size of their portfolios in...
19 February 2024
From: Breaking News
Average mortgage rates on the overall two- and five-year fixed rate deals have now been falling for six consecutive months. The overall...
19 February 2024
From: Breaking News
After reaching the milestone of £250m in 2022, specialist lender Cohort Capital increased originations by 60 per cent in 2023 to...
19 February 2024
From: Breaking News
Lifetime mortgage lender Pure Retirement has continued its ongoing product development in its Heritage range. The Special 3 product will offer up...
19 February 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
There were 12,000 first time buyers over the age of 50 in the UK in 2022, the latest figures available. This means that...
14 February 2024
From: Breaking News
High street bank Virgin Money UK says there is light at the end of the tunnel for mortgages and the housing...
14 February 2024
From: Breaking News
Lenders’ trade body UK Finance wants the government to use next month’s Budget to announce a new Help to Buy scheme...
14 February 2024
From: Breaking News
By Jonathan Samuels, chief executive of specialist property lender Octane Capital, writes: The Bank of England’s decision to hold interest rates on...
14 February 2024
From: Breaking News
There’s been widespread speculation that the UK is just weeks away from seeing the launch of a Dutch mortgage product with...
12 February 2024
From: Breaking News
With the quick-fire mortgage rate cuts which characterised the past month now slipping into the rear-view mirror, the latest changes from...
12 February 2024
From: Breaking News
Unbiased, a platform for connecting with prospective clients, has slashed charges it imposes on mortgage advisers for a second consecutive month. Unbiased...
12 February 2024
From: Breaking News
UK Finance says there were 93,680 homeowner mortgages in arrears of 2.5 per cent or more of the outstanding balance in...
12 February 2024
From: Breaking News
It’s taken six months but LSL Property Services has announced that its acquisition of TenetLime is now complete. At the end of...
12 February 2024
From: Breaking News
Global intelligence company Pepper Advantage, which has a portfolio of over 100,000 UK residential mortgages, says there’s been a dramatic increase...
07 February 2024
From: Breaking News
FinTech supplier Mortgage Brain has partnered with HSBC UK to host a free online masterclass on self-employed lending. Taking place on February...
07 February 2024
From: Breaking News
Business consultancy Hargreaves Lansdown has identified three major risks associated with the current market, characterised by falling house prices and larger...
07 February 2024
From: Breaking News
A Knight Frank survey of 50 house builders shows a staggering 70 per cent support for Labour to win the next...
07 February 2024
From: Breaking News
Access Financial Services has partnered with Nomo Bank to offer Sharia-compliant property finance for UK rental and residential property. The products address...
07 February 2024
From: Breaking News
At the middle of last week Nationwide slashed its rates to the most competitive of all in the current lenders price...
05 February 2024
From: Breaking News
There are clear signs the commercial property market is adjusting to today’s high interest rate environment according to specialist lender Together. Its...
05 February 2024
From: Breaking News
The number of mortgages offered to home buyers went up from 49,300 in November to 50,500 in December, against the normal...
05 February 2024
From: Breaking News
The vast majority of high net worth individuals have faced mortgage rejections and had to accept lower loan-to-value ratios than they...
05 February 2024
From: Breaking News
Almost two thirds of first time buyers mortgage completions are in joint names (with two or more people), according to the...
05 February 2024
From: Breaking News
New research indicates that the Bank of Mum and Dad may not be as prevalent as it once was, with the...
31 January 2024
From: Breaking News
Just under half of mortgage brokers expect to place more limited company buy-to-let business throughout the next 12 months, Paragon Bank...
31 January 2024
From: Breaking News
Respected estate agency and property consultancy Savills is warning that house prices may dip in 2024. In the run-up to Christmas it...
31 January 2024
From: Breaking News
MPowered Mortgages is changing its lending criteria for Tier 2, high-skilled foreign nationals across its range of products. It says this forms part...
31 January 2024
From: Breaking News
National brokerage Just Mortgages has opened nominations for its new leadership programme, which it claims is “designed to find and develop...
31 January 2024
From: Breaking News
The UK's largest building society has slashed its cheapest mortgage rate to an eight-month low and significantly under the Bank of...
29 January 2024
From: Breaking News
London estate agency Foxtons says its latest survey shows a major uptick in the confidence of potential sellers. While 38 per cent...
29 January 2024
From: Breaking News
New research from Aldermore suggests that some 55 per cent of prospective first time buyers are currently seeking to raise a...
29 January 2024
From: Breaking News
The number of mortgages with over 30-year terms sold to UK borrowers jumped 13 per cent in the year to end...
29 January 2024
From: Breaking News
The negative effects of higher mortgage rates on affordability were overestimated throughout 2023 with house prices having dropped one one to...
29 January 2024
From: Breaking News
The Suffolk Building Society has launched new mortgage products aimed at private landlords who are planning refurbishments, such as a new...
24 January 2024
From: Breaking News
Despite a sharp fall in the number of homes bought by landlords in 2023, the number of limited companies set up...
24 January 2024
From: Breaking News
Mortgages for Business is rebranding to Mortgage Finance Brokers, or MFB. A statement from managing director Gavin Richardson says: “It’s now a...
24 January 2024
From: Breaking News
Leading agency Knight Frank says demand for new homes is generally robust, dependent upon the location and pricing. It says its regional...
24 January 2024
From: Breaking News
Lifetime mortgage fund usage continues to show a mixture of aspirational and needs-based borrowing, according to figures from lender Pure Retirement....
24 January 2024
From: Breaking News
Banks are reporting that default rates increased in the final quarter of 2023, albeit more slowly than the quarter before -...
22 January 2024
From: Breaking News
There are growing fears that the hoped-for Bank of England base rate cut this spring - the first off possibly several...
22 January 2024
From: Breaking News
Shadow Chancellor Rachel Reeves says first time buyers could benefit from a "revolution in home ownership" with 25-year fixed-rate mortgages. Reeves says...
22 January 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...