Archive

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

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

Monthly payments on some 123,000 home loan accounts were cut in the first eight months of the government’s Mortgage Charter.   The...

There’s been a huge rise in the number of buy to let property repossessions in the first quarter of 2024 compared...

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

Legal & General Mortgage Club has added April Mortgages to its lender panel, giving additional exposure to April’s long-term fixed-rate remortgage...

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

FinTech company Mortgage Brain has struck a strategic partnership with SPF Private Clients, a whole-of-market mortgage broker. The deal caters for a...

HSBC used the Easter period to launch its Energy Efficient Homes range, tailored for UK residential first time buyers, home movers...

Some of the biggest names in the trade, lending and advisory sectors have produced a report outlining the vast significance that...

The beleaguered construction sector - a good early indicator of later sales activity - has seen a welcome boost in some...

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

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

The ‘average’ 25 year mortgage term is increasingly becoming a thing of the past says USwitch. A recent study of the data...

Experts have lashed out at lenders who reprice products, sometimes with just a few hours’ notice. And many suggest that lenders are...

Hampshire Trust Bank has launched a limited edition two year discounted Flex tracker across its buy to let and semi-commercial offerings....

Hodge has made significant changes to its 50+, Retirement Interest Only (RIO) and Holiday Let Mortgage property criteria. The updates include the...

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

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

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

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

Unbiased, a platform for connecting with prospective clients, has slashed charges it imposes on mortgage advisers for a second consecutive month. Unbiased...

MPowered Mortgages is changing its lending criteria for Tier 2, high-skilled foreign nationals across its range of products. It says this forms part...

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

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....

Banks are reporting that default rates increased in the final quarter of 2023, albeit more slowly than the quarter before -...

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...

A regular financial resilience barometer from a leading consultancy shows that the debt position of the lowest fifth of earners has...

Three years ago the Financial Conduct Authority banned discretionary commission arrangements in a bid to end the incentive for brokers to...

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

A property-focussed law firm claims it takes a whole working day to obtain a Mortgage In Principle and up to six...

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

UK Finance has published its housing and mortgage market forecasts for 2024 and 2025 together with projections for 2023 full year numbers. Key figures for 2023 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...

There’s been a 46 per cent increase in ‘for sale’ stock hitting the market as sellers look forward to a Boxing...

A report on Sky News says talks are underway for Barclays hto acquire the £3 billion mortgage book of the troubled...

A new analysis of the new build housing market for next year suggests that eventually there will be a bounce, triggered...

New data from Legal & General - based on searches to its Ignite platform - suggests a diverse mortgage market during...

The nation’s landlords are responding to higher levels of mortgage interest rates by cutting their borrowing. The research comes from specialist property...

A new personal guarantee insurance protection service has been launched for professional landlords - triggered by a surge  in incorporation. Purbeck Personal Guarantee...

Homeowners in Wales who are struggling with their mortgages could get loans that are interest-free for the first five years under...

The equity release market has seen growth for the first time in 12 months with quarterly increases in both new customers...

Global credit intelligence provider Pepper Advantage, which has a 100,000+ UK residential mortgage portfolio, says arrears in this country have seen...

The Bank of England has held base rate at 5.25 per cent, with most analysts saying this is likely to be...

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...

There are growing fears of yet another Bank of England base rate rise next month following the surprise inflation figure released...

Two prominent UK house builders have warned of sharply reduced volumes in the next year or so as buyers struggle to...

A Bank of England report has expressed concern at the number of homeowners - especially young first time buyers - taking...

The buy-to-let sector has seen fixed rates fall and product choice grow month-on-month, according to the latest analysis by Moneyfactscompare. Overall buy-to-let...

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

Half a million mortgage-holders are facing an imminent financial shock as their fixed deals end in the run-up to Christmas or...

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...

Mortgage arrears in the UK jumped by almost a third between April and June compared with the same period last year,...

New analysis of personal guarantee requests from lenders for Limited Company Buy to Let mortgage, has found that the average personal...

Data from mortgage research and sourcing platform Legal & General Ignite reveals a significant spike in searches for Interest Only products...

After six consecutive weeks of mortgage rate reductions - and the expectation of more soon - there are hopes of sub-5.0...

The impact of higher interest rates isn’t felt equally across the country, according to data from the Halifax. Despite recording one of...

UK Finance’s latest Household Finance Review - for the second quarter of this year - lifts the lid on mortgages. The headlines...

The Bank of England says net mortgage approvals decreased from 54,600 in June to 49,400 in July, although approvals for remortgaging slightly increased...

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

A survey by property portal OnTheMarket suggests that only six per cent of home movers are concerned in any way about...

There is speculation that the recent spate of figures from the UK economy may prompt a war between mortgage providers as...

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

The Co-operative Bank has bagged the entire Sainsbury’s Bank mortgage portfolio of some 3,500 customers with balances of £479m.  Sainsbury’s customers are...

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

From this week the banking and finance industry’s Reach Out campaign will be seen across out-of-home advertising, radio, print and digital,...

New figures relating to the government’s mortgage guarantee scheme shows significant numbers of people taking out high loan to value mortgage...

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

Legal & General’s new Ignite platform has seen a rise of 53 per cent in one month for broker searches for...

The Bank of England’s latest stress test of the financial system suggests that UK's eight largest lenders could survive a worst...

Mortgage approvals rose by just over three per cent from 49,000 in April to 50,500 in May according to new Bank...

Nearly half of mortgage brokers expect the volume of buy-to-let portfolio limited company lending they write to increase in the next...

Pepper Advantage, a global credit intelligence company with over $60 billion in assets under management, has published a gloomy report on...

Fleet Mortgages is offering landlord borrowers £1,000 cashback if they improve the Energy Performance Certificate of the property to a C...

Trade body UK Finance has issued a timely reminder to the mortgage lending sector of its obligations to borrowers struggling following...

National brokerage Just Mortgages is encouraging brokers to go into their local communities to win business. Rather than ‘waiting for it to...

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

New seller asking prices rise by just 0.2% (+£890) this month to £366,247, which is notably lower than the average increase...

Despite the recent economic turbulence, the bridging market has seen more requests for fast, short-term finance. This type of finance provides certainty...

Mortgage holders swallowed another bitter pill last week when the Bank of England raised interest rates for the tenth consecutive time. The...

The Monetary Policy Committee of the Bank of England meets on Thursday with the market expecting them to announce 0.5% raise...

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

With the festive season around the corner, many homeowners are itching to pull out the stops with their Christmas decorations.  According to...

Revolution Brokers claim that bridging loan lending has increased by nearly 50% since the Bank of England base rates began rising...

House Buyer Bureau reveal that transactions could drop by 17% in spring 2023 next year. The property purchasing specialist claim that the...

Estate agent comparison site, GetAgent.co.uk, claims that after purchasing a property the average homebuyer pays £76,000 during the initial year. In some...

Mortgage experts, Revolution Brokers, claim that landlords hoping to reduce void periods by investing in a buy-to-let within high-demand areas will pay...

Specialist rental platform, Ocasa, recently shared new findings about rental incomes landlords have received over the past year. According to the analysis, the...

Specialist rental platform, Ocasa, claims that England’s Private Rented Sector (PRS) could surpass 5 million homes by 2025.  Over the past decade,...

Property lending experts, Octane Capital, claim the UK’s mortgage brokerage market is estimated to increase by 12%. That would mean the industry...

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

What is a forever home you ask? Typically, this would be a property the buyer sees themselves living in for a long...

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

The rental market looks to be returning to good health with a significant reduction in void periods and costs compared to...

A recent study by money.co.uk reveals which places in the UK have forever homes. A forever home is a property the buyer...