Archive

The lenders’ trade body, UK Finance, has published a report examining why some landlords are falling into mortgage arrears and why...

Paragon Bank is offering four new limited edition buy to let mortgages, with two products suitable for landlords with three or...

Landbay has announced a raft of rate reductions across its buy to let product range, with rates falling by as much...

New research suggests that last year cash buyers accounted for the highest percentage of market activity seen in the last decade...

A left-wing academic is suggesting that the new UK Labour government should emulate the US and introduce life-long fixed-rate mortgages. Some 90...

UK lender Standard Life Home Finance has announced a new EPC scheme to encourage consumers to make their homes more sustainable.   Upon...

More rate cuts are being announced by lenders all the time as they vie for business and anticipate the Bank of...

The latest residential sentiment survey from the Royal Institution of Chartered Surveyors suggests a currently-subdued housing market but with a more...

The average five-year fixed mortgage rate is now 4.97%, down from 5.91 % a year ago; and the average two-year fixed...

One of the Bank of England monetary policy committee members has advised against a cut in base rate on August 1. Jonathan...

Hinckley & Rugby for Intermediaries has enhanced its flexible mortgage range, cutting selected rates by up to 30bps and launching new...

The availability of deals at 95% loan-to-value has risen to its highest point in over two years.  Overall, it was the fifth...

Brokers can look forward to a strong second half of 2024, according to an industry leader. Rob Jupp, group chief executive at...

More than a quarter of people are in the dark about interest rates and how much they pay, a new survey...

Price growth in high-value prime areas has been put on hold given uncertainty surrounding the General Election, according to the latest...

The Nationwide regional house price indices are produced quarterly, with data for Q2 (the three months up to and incluingJune) showing...

The Conservatives are set to lose nearly half of homeowner votes this week, latest polling from national estate agency Jackson-Stops reveals....

Some 3m UK households are to be hit with further increases in mortgage repayments over the next two years, the Bank...

New research from the Intermediary Mortgage Landers Association suggests that the cumulative shortfall in first-time buyer numbers since the financial crisis...

Data from UK Finance suggests that interest-only mortgage holders are showing no obvious signs of distress despite interest rates remaining high.  There...

HSBC has made extensive cuts to rates levied on a vast range of residential and buy to let mortgages, coming into...

 A new first-time buyer study from Rightmove reveals that the average first-time buyer mortgage payment has risen by 61% since the...

Buyers and sellers had to process a series of different numbers starting with five last week. The crucial number was 5.7%. That...

There’s been particularly sharp criticism for the Bank of England’s decision at the end of last week to hold base rate...

Total mortgage lending sat at just £50.5 billion during the first quarter of 2024, the lowest level seen since interest rates...

Interest rates for borrowers have been volatile over the past six months, despite no change to the Bank of England base...

The Bank of England has been sharply criticised for an “attack on homeowners” due to its refusal to cut rates. The Monetary...

Rightmove reports that the average price of property coming to the market for sale drops by £21 this month to £375,110...

A number of major mortgage lenders have announced rate increases just as the election campaign enters its second half. Barclays has increased...

Paragon Bank has launched a new refurb-to-let deal, offering landlords finance to upgrade their properties. The two refurb-to-let products are designed for...

Moneyfacts has analysed the movements in mortgage rates since the Conservatives came to office in 2010. Average two-year fixed mortgage rates fluctuated...

oneyfacts data reveals the average shelf-life of a mortgage has dropped to 15 days, down from 28 days a month prior. Month-on-month...

Jersey's mortgage rates have been consistently higher than those in the UK, sparking concern among consumers and prompting our investigation, according...

The European Central Bank has cut its key deposit rate to 3.75% - so moving faster than the Bank of England...

The mortgage market is resilient enough to endure temporary political uncertainty created by next month’s General Election. That’s the view of Jonathan...

Higher-for-longer interest rates are likely to remain for the rest of this year, warns the deVere Group, an independent financial advisory...

Rightmove says there should be a review of mortgage affordability criteria undertaken by the next government. The portal’s mortgages expert Matt Smith...

Official Bank of England figures shows that net mortgage approvals for house purchases totalled 61,100 in April, little changed from 61,300...

Applications from first time buyers have grown by 33% so far this year with FTBs now making up a higher proportion...

Analysis by an estate agency shows that since the 1980s, house prices have climbed by an average of 5.4% in the...

This accounts for some of the big rise seen recently in the supply of homes for sale - 20% up on...

Dudley Building Society has made its residential large loan mortgage range accessible to all brokers. Up until now, access to the building...

There’s a warning that the general election campaign will probably mean that the interest rate cuts hoped for in June will...

An online agency has analysed current housing market listings to see which types of home are most in demand from England’s...

April Mortgages has launched its new unique house purchase mortgage range. Now all registered firms will be able to offer the entire...

LiveMore, the mortgage lender for people aged 50 to 90 plus, has launched a new up to 100% standalone debt consolidation...

There was good news over the weekend as rates reductions announced late last week kicked in. Barclays has cut a number of...

Independent mortgage monitor service Moneyfacts says rises to average two- and five-year fixed mortgage rates have gained pace month-on-month. The overall five-year...

Londoners looking to buy a home can expect to spend 42% more on monthly mortgage payments than tenants pay on rent,...

The latest RICS UK Residential Survey results shows the recent recovery in buyer demand has mellowed slightly, with the market impacted...

Many buy to let landlords have made financial changes during the cost of living crisis to mitigate the rising costs of...

Buy to let lender Landbay has enhanced its like-for-like remortgage range with new lower stress testing, alongside new rate reductions. For landlords...

UK mortgage lending is forecast to grow just 1.5% (net) in 2024, according to the latest EY ITEM Club Outlook for...

Interest rates for borrowers have shown mixed signs of both rises and falls over the past six months. Moneyfactscompare has analysed...

UK Finance’s latest arrears and possessions data shows a modest three per cent rise in homeowner mortgages in arrears to 96,580...

Bank of England base rate has been held at 5.25% - where it has been for nine months. The Bank’s monetary policy...

HSBC has made a slew of changes and increases to its residential and buy to let mortgage products. The bank is introducing...

Research from independent mortgage monitor Moneyfactscompare suggests that building societies are working hard to support first-time buyers, for whom affordability has...

It might look like house prices have stabilised, staying relatively flat over the first four months of 2024, but at least...

Almost three quarters of Millennial and Gen Z buyers - those aged 18 to 34 - think energy efficiency improvements will...

The Hinckley & Rugby building society has announced two cuts to rates across its mortgage range in short order.  After rate cuts...

Big demand for small properties has helped to drive growth in UK property prices in the early months of this year,...

Higher mortgage rates are a drag on house price growth says Zoopla - and it’s produced startling figures to prove it. The...

Aldermore is reintroducing a broader range of mortgages for owner occupiers. The lender says it wants to support often “overlooked customers” with...

Purplebricks has launched Purplebricks Mortgages Limited - taking over from the old Strike Financial Services brand.  A year ago the Strike online...

Several of the UK’s biggest lenders have raised rates on their mortgage products this week already, as speculation grows that the...

The mutual has announced a refresh of its product range to ensure it continues to meet the complex needs of today’s...

Real estate finance and investment business TAB has launched a long-term lending service extending to all stages of a property’s life...

Keystone Property Finance has expanded its services by introducing further advances for landlords undergoing product transfers. As part of Keystone’s PT Plus...

A new survey suggests that almost half a million Britons are set to miss a mortgage payment in the next six...

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...

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

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

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

There’s been a bevvy of buy to let mortgage deal changes this week. Shawbrook has made a series of reductions across its...

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...

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...

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

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

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...

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...

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

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...

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

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...

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

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...

Mortgage and protection CRM platform Smartr365 has renewed its longstanding partnership with Legal & General Mortgage Club. The agreement means members of...

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

Kensington Mortgages has lowered rates and reduced arrangement fees across selected 90 and 95 per cent Loan To Value products. For its...

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