The ‘average’ 25 year mortgage term is increasingly becoming a thing of the past says USwitch. A recent study of the data...
Archive
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
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
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
Three high street lenders - Virgin Money, TSB and Skipton Building Society - have joined the commitment to offer mortgages on...
03 January 2024
From: Breaking News
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
Some 20 per cent of first time buyers are snapping up mortgages of 35 years or more according to UK Finance. In...
13 December 2023
From: Breaking News
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
Low loan to value ratios from mortgage lenders are leaving an estimated 90,000 new build homes empty across the UK as...
06 December 2023
From: Breaking News
Lenders’ trade body UK Finance says there were 11,540 buy to let mortgages in arrears of 2.5 per cent or more of...
13 November 2023
From: Breaking News
The interest rate on the average five-year fixed mortgage has dropped below 6.0 per cent for the first time in nearly...
02 October 2023
From: Breaking News
UK Finance’s latest Household Finance Review - for the second quarter of this year - lifts the lid on mortgages. The headlines...
06 September 2023
From: Breaking News
From this week the banking and finance industry’s Reach Out campaign will be seen across out-of-home advertising, radio, print and digital,...
01 August 2023
From: Breaking News
Trade body UK Finance has issued a timely reminder to the mortgage lending sector of its obligations to borrowers struggling following...
27 June 2023
From: Breaking News
2021 proved to be one of the most hectic years to buy and sell a home. We witnessed prices soaring to...
13 January 2022
From: Breaking News
The property finance industry is rapidly changing. Everyone who’s part of it wants to know where we are heading, what’s working...
02 October 2019
From: Breaking News
‘Interest-only loans’ have maintained their place in the top five most searched-for criteria in August after making their very first appearance...
24 September 2019
From: Breaking News
Some 77% of lenders believe the number of loans they broker will increase, showing a positive outlook for the future of...
19 September 2019
From: Breaking News
Asset management specialist Spicerhaart Corporate Sales has joined forces with fact-finding experts Excel and UK law firm TLT to create an...
30 April 2019
From: Breaking News
First-time buyers (FTBs) saw their completion rate for mortgage offers through intermediaries reach a three-year high of 89% in Q4 2018. That...
15 March 2019
From: Breaking News
A Brexit ‘uncertainty effect’ is washing over UK mortgage brokers after the largest drop in business volumes in more than two...
03 December 2018
From: Breaking News
The Bank of Mum and Dad is now seeking financial advice and guidance, according to new research from Key. The independent equity...
30 August 2018
From: Breaking News
The national month-on-month figures for new listings ‘for sale’ reached 9.4%, while the amount of properties sold sat at 6.2% in...
10 July 2018
From: Breaking News
Over three quarters (76%) of first-time buyers’ mortgage applications via intermediaries resulted in a completion in Q1 2018, the highest number...
15 June 2018
From: Breaking News
The majority (74%) of mortgage applications via intermediaries for first-time buyers resulted in a completion during Q4 2017, according to the...
09 March 2018
From: Breaking News
Commercial Trust Limited is urging landlords to speak with specialist buy-to-let mortgage broker firms as many are considering remortgaging options once...
16 January 2018
From: Breaking News
The latest ‘bubble alert’ from One 77 Mortgages found lending in March 2017 was in decline compared to March last year...
17 October 2017
From: Breaking News
Fresh data from UK Finance has found that borrowing and lending for house sales increased in both value and volume in...
17 October 2017
From: Breaking News
The Mortgage Hut has seen a year on year rise of 30% in mortgage applications in August despite the traditional seasonal...