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KEYWORD "Rates" - 100 RESULTS
Record long mortgage terms for first time buyers

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

17 April 2024

From: Breaking News

Revealed - the latest trends in UK lending and borrowing

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

17 April 2024

From: Breaking News

Fall-throughs costing sellers £909m even before peak period

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

15 April 2024

From: Breaking News

First Monthly House Price Fall for Six Months

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

15 April 2024

From: Breaking News

Housing Market shows sign of improvement despite high rates

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

10 April 2024

From: Breaking News

Buy To Let Crisis - lending plummets and arrears soar

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

08 April 2024

From: Breaking News

Good News of Approvals from the Bank of England

Mortgage approvals jumped 7.7% in February to 60,383, and were 40% higher than they were a year ago, new figures from...

08 April 2024

From: Breaking News

How Much Will Mortgage Rates Affect The Housing Market?

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

04 April 2024

From: Breaking News

Down-valuations biting hard across Britain

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

04 April 2024

From: Breaking News

April Mortgage’s long-term deals win additional exposure

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

04 April 2024

From: Breaking News

Bank of England Base Rate Cut - when will it happen?

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

02 April 2024

From: Breaking News

HSBC launches Energy Efficient Homes mortgage range

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

02 April 2024

From: Breaking News

Analysis shows long term rebalancing housing market

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

Rates Continue to Fluctuate Across Mortgage Sectors

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’ new resi ranges and reduced rates

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

Wealth manager launches attack on Halifax’s age limit U-turn

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

Growing Mortgage Arrears set off alarm bells for leading analyst

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

New analysis shows busiest cities for buyers in today’s housing market

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

Tide Is Turning: fewer people worried about mortgage repayment costs

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

Mortgage shelf-life plummets and lenders hike rate

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

Fintech renews long term link with Legal & General Mortgage Club

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

Many landlords to end fixed-rate deals soon, says lender

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

 Kensington reduces rates and fees on selected products

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

New analysis shows link between rates and longer mortgage terms

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

Housing market buoyancy shows mortgage costs not a deterrent

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

Dip in demand for new builds as interest rates keep buyers at bay

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

Budget Day - Rightmove pours cold water on 99% mortgage idea

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

Agents impatient with mortgage lenders despite better news on sales

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

Was Halifax rate reduction just a cynical marketing ploy?

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

BTL fixed rates plummet as product choice rises again

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

Innovative new trackers aim at buy to let and development investors

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

Halifax throws “a massive mortgage curveball” defying rivals

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

Most Rates Up Again - optimism plummets amongst brokers and analysts

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

Mortgage volumes plummet for older borrowers

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

Worst Case Scenario - mortgage costs up hundreds per year

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

Will stable inflation prompt a rate cut? Or will the Bank stick?

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 rates up and plenty of others to follow - warning

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

Two year fixes fall by fastest rate since 2022 - Moneyfacts

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

Virgin Money sees long-term mortgage improvements despite recent dip

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

Octane Capital issues a brutal warning on mortgage rates

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

Revolutionary new mortgage product sees rates fall as LTV improves

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

TSB raises some rates, reduces others; NatWest and Halifax increase

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

Worrying rise in mortgage arrears and repossessions - new data

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

Lender’s internal data reveals shocking fast-growing arrears

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

Falling house prices and big mortgages – three major risks

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

Nationwide’s shock rate rise may not be the only one - warning

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

Mortgage Market Bounce drives housing market recovery

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

House prices fragile but sentiment amongst buyers very strong - Savills

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

Just Mortgages reveals details of its leadership programme

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

Nationwide’s slashed rates take lending war to fever pitch

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

First Time Buyers seek larger deposits - help may be on the way

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

Growing interest in longer-term mortgages - but borrowers pay dearly…

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

Negative effects of mortgages on housing market “overstated” - claim

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

Mortgage costs push big jump in buy to let landlord incorporation

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

Mortgage defaults jump - and there may be worse to come

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

Shock government figure means likely delays to first rate cut

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

First Time Buyers may get 25 year fixed term mortgages under Labour

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

Promising start to 2024 House Buying Prospects - Rightmove

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

22 January 2024

From: Breaking News

Choice of Mortgage Deals on the rise as rates dip

The UK’s residential mortgage market has started 2024 with the biggest choice of products for prospective borrowers in over 15 years. A...

17 January 2024

From: Breaking News

Remortgaging via digital conveyancing - bank claims ‘UK first’

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

17 January 2024

From: Breaking News

Bank of England chief warns of ‘future shocks’ derailing recovery

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

15 January 2024

From: Breaking News

Lenders sacrifice profits for volume as rates fall yet again

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

15 January 2024

From: Breaking News

Building Society warns it may stop lending on holiday lets

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

10 January 2024

From: Breaking News

Nationwide’s Warning - no housing market rebound likely in 2024

There’s no prospect of a rapid recovery for the housing market in 2024 despite some green shoots appearing. The warning comes from...

10 January 2024

From: Breaking News

Demand for Mortgages Soars as rates war draws in applicants

Latest Bank of England data released in recent days shows net mortgage approvals for house purchases rose from 47,900 in October...

08 January 2024

From: Breaking News

Bank of England Will Cut Rates sooner rather than later, say experts

A poll of leading economists for London-focussed business newspaper City AM reveals that some believe a Bank of England base cut...

08 January 2024

From: Breaking News

Prime Housing Market - Confidence creeps back into mortgaged sector

High end estate agency Savills has issued an update on prime markets in and around London and south east England. And it...

03 January 2024

From: Breaking News

Landlords hit hard by Soaring Mortgage Costs - new data

Monthly interest costs have surged by 283 per cent since 2021 for landlords using interest-only mortgages, research shows. Octane Capital compared rates...

03 January 2024

From: Breaking News

Swap Rate falls trigger speculation of early 2024 rate cut

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

27 December 2023

From: Breaking News

Building Societies warn on mortgages: “We’re not out of the woods yet”

A warning has been given to borrowers and the home owning public by Paul Broadhead, head of mortgage and housing policy...

27 December 2023

From: Breaking News

Mortgage Rates lead to fewer moves from London in 2023

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

27 December 2023

From: Breaking News

Brokers Speak Out - key industry issues for 2024

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

20 December 2023

From: Breaking News

2024 - forecasts on lending, buy to let, arrears and possessions

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...

20 December 2023

From: Breaking News

Falling swap rates indicate lower mortgage rates - eventually

Mortgage rates are predicted to fall next year as lenders take advantage of cheaper funding, after figures show that average swap...

20 December 2023

From: Breaking News

Alarm Bells Ring as mortgage arrears shoot upwards

The Bank of England says there was £18.8 billion of mortgage borrowing in arrears in the third quarter of this year. That’s...

20 December 2023

From: Breaking News

Twenty straight weeks of small but important rate drops

Since the peak in July, the average five year fixed mortgage rate has reduced from 6.11 to 5.07 per cent while...

18 December 2023

From: Breaking News

Interest Rates - year ends on optimistic note as brokers hope for better 2024

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

18 December 2023

From: Breaking News

Two year fixed rate mortgages sub-6%: A housing market boom?

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

18 December 2023

From: Breaking News

Landlords to expand portfolios in 2024 despite huge increase in costs

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

18 December 2023

From: Breaking News

Buy To Let arrears double in 12 months

Cases of buy-to-let arrears have doubled in a single year, according to a new analysis. The research, from Octane Capital, analysed quarterly...

13 December 2023

From: Breaking News

Google search topics reveal growing worries about repossessions

Homeowners are increasingly researching into mortgage repossessions online, signalling that many are worried about falling behind on their payments. The research by...

13 December 2023

From: Breaking News

Unpredictable interest rates could spell upheaval for housing market

A new survey - going against the trend of other housing market studies - suggests that house prices could rise six...

13 December 2023

From: Breaking News

Accord cuts rates on buy to let range

Accord Mortgages is cutting rates on its buy-to-let range in what it calls a bid to “offer better value to brokers...

11 December 2023

From: Breaking News

Grinch! No Christmas cheer in Q3 UK Finance sentiment survey

There’s been a sharp decline in household financial confidence in the UK according to the latest UK Finance sentiment survey. The Q3...

11 December 2023

From: Breaking News

Rightmove launching its first broker mortgage product

Rightmove is launching its first broker product, which will allow customers to access mortgage advice through the property website.   The portal,...

04 December 2023

From: Breaking News

Falling mortgage costs could trigger 2024 housing bounce - claim

Knight Frank says a reduction in mortgage costs as early as February - or perhaps more likely in Q2 next year...

29 November 2023

From: Breaking News

OBR warns house prices to fall further before market recovery

The Office for Budget Responsibility - part of the Treasury but operating independently of government - is forecasting house prices to...

29 November 2023

From: Breaking News

New Build Market in 2024 - a mortgage industry perspective

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

29 November 2023

From: Breaking News

Nationwide’s slashed rates means price war goes on to end of year

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

27 November 2023

From: Breaking News

Landlords ‘Hit Harder Than Others’ by interest rate hikes - claim

The research chief at lettings agency Hamptons says it’s likely that landlords have been hit harder by high interest rates than...

22 November 2023

From: Breaking News

Thriving Choice of Small-Deposit Mortgage Options - Moneyfacts

Moneyfacts is reporting that there’s what it calls a “thriving choice” of mortgage options.  Its latest UK Mortgage Trends Treasury Report shows the number...

22 November 2023

From: Breaking News

It’s War - Lenders compete on price as sub-4% rates look likely

Many of the country’s major lenders - and quite a few smaller ones, too - have slashed mortgage rates in response...

20 November 2023

From: Breaking News

Lender warns rates must drop further and faster to boost housing market

The Mortgage Lander is warning that mortgages rates will need to come down more, and faster, to really kick-start the housing...

20 November 2023

From: Breaking News

Mortgage Interest Tax Relief must be reinstated - agency boss speaks out

The chief executive of Winkworth estate agency chain says this week’s Autumn Statement must see the reinstatement of Mortgage Interest Tax...

20 November 2023

From: Breaking News

Buy-to-let landlords reduce borrowing amidst rising rates

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

15 November 2023

From: Breaking News

Are lawyers holding up housing transactions?

Some 45 per cent of homebuyers cited in a survey say slow property lawyer response time is a key pain point...

15 November 2023

From: Breaking News

Warning: Mortgage growth to hit 10-year low amid economic headwinds

The EY Item Club is warning that the UK is set to experience the slowest two-year mortgage growth in a decade. EY...

13 November 2023

From: Breaking News

Amazing interest-free mortgage help  scheme introduced by government

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

13 November 2023

From: Breaking News

Unique mortgage affordability tool launched by digital broker

A digital mortgage broker has launched an online tool aggregating data from over 50 Buy to Let lenders to calculate what...

08 November 2023

From: Breaking News

Dire borrowing and credit data from Bank of England

There’s been an alarming set of figures in the Bank of England’s latest Money and Credit report, which relates to September. Net...

08 November 2023

From: Breaking News

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