Archive

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...

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...

The ESTAS awards event in October has a new principal partner. It’s Landmark Information Group, which includes Landmark Estate Agency Services, Searchflow,...

The majority of buyers and sellers in the prime housing market will not be deterred by the upcoming General Election, claims...

John Charcol’s` new owners say they will grow the adviser base and diversify and develop the product offering of the high-profile...

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

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

Almost half (45%) of UK homebuyers would consider using an ethical finance provider that follows Islamic principles, finds Gatehouse Bank. Gatehouse Bank,...

Shared ownership has failed to deliver an affordable route to home ownership for too many and for too long, says a...

Mortgage advisers Larry Barreto and Tassib Hussain have been sentenced for fraud offences following a prosecution brought by the Financial Conduct...

A property software business says its research shows that the housing market revival is driven by the premiums levied on new...

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...

A 2,000-person survey has revealed the diverse financial routes that first time buyers take to get on the property ladder. The survey...

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

Homes Under The Hammer property expert Lucy Alexander is fronting a new campaign to identify empty homes and bring them back...

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

Leek Building Society has used its annual report and publication of accounts to mount a stout defence of its methodology regarding...

Sharia-compliant digital bank Nomo - part of Bank of London and The Middle East plc (BLME) - has linked with a...

Mortgage lender Halifax is imposing a new 70-year age limit on the terms of its home loans for some borrowers. This has...

A buying agency says stamp duty is one of the biggest obstacles to a healthy housing market driven. Recoco Property Search says...

Fewer people are concerned about paying their mortgage and fewer believe mortgage affordability is a barrier to home buying.  That’s the verdict...

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

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

A new study has revealed the best and worst UK regions for first-time buyers based on house affordability and earning potential.  The...

April Mortgages has struck a deal for new technology to help it introduce Dutch-style loans into the UK. The new mortgage type...

The Intermediary Mortgage Lenders Association has given the thumbs down to the Budget of Chancellor Jeremy Hunt. The trade body was disappointed...

Shared ownership has given the new-build division at national brokerage Just Mortgages a bumper start to 2024. New build leads and enquiries...

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

The true cost of stamp duty is two thirds greater than the tax itself because it obliges buyers to spend far...

A unique system of returning rent to tenants to allow them to save for a deposit on a property has been...

Nearly four in 10 portfolio landlords, those with four or more properties, plan to increase the size of their portfolios in...

Average mortgage rates on the overall two- and five-year fixed rate deals have now been falling for six consecutive months. The overall...

There’s been widespread speculation that the UK is just weeks away from seeing the launch of a Dutch mortgage product with...

With the quick-fire mortgage rate cuts which characterised the past month now slipping into the rear-view mirror, the latest changes from...

Global intelligence company Pepper Advantage, which has a portfolio of over 100,000 UK residential mortgages, says there’s been a dramatic increase...

The number of mortgages offered to home buyers went up from 49,300 in November to 50,500 in December, against the normal...

The vast majority of high net worth individuals have faced mortgage rejections and had to accept lower loan-to-value ratios than they...

National brokerage Just Mortgages has opened nominations for its new leadership programme, which it claims is “designed to find and develop...

The negative effects of higher mortgage rates on affordability were overestimated throughout 2023 with house prices having dropped one one to...

Shadow Chancellor Rachel Reeves says first time buyers could benefit from a "revolution in home ownership" with 25-year fixed-rate mortgages. Reeves says...

The Family Building Society has commissioned the London School of Economics to explore the UK’s housing. Its report - called A Road...

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 high proportion of first time buyers take advantage of some form of assistance when purchasing their initial home. That’s the verdict...

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

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

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

Two organisations have joined forces to create a new platform dedicated to providing holiday let mortgages. Holiday Cottage Handbook Financial Services claims...

The government has launched a consultation setting out plans to improve the transparency of land trust information. Land ownership through a trust...

The Conservatives are working on a series of schemes to help first time buyers to be unveiled at the Budget in...

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

Three high street lenders - Virgin Money, TSB and Skipton Building Society - have joined the commitment to offer mortgages on...

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

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...

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

National brokerage Just Mortgages hits the road in the New Year with roadshows to support its self-employed advisers. The in-person events are...

More lenders have green mortgage deals on the market now compared to a year ago, according to the Mortgage Advice Bureau. Some...

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

Approaching a third of people are struggling to meet loan repayments of all kinds because of the cost of living crisis. That’s...

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

Low loan to value ratios from mortgage lenders are leaving an estimated 90,000 new build homes empty across the UK as...

A growing appetite amongst buyers for family homes is helping to drive London’s high value prime market, an agency claims.  Benham and...

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

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

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

SPF Private Clients has opened new offices in Hong Kong and Singapore. The Singapore office is to be headed by Scott Mitchell,...

First time buyers aged 18 to 34 are primarily relying on advice from family and friends rather than a broker for support on the homebuying process, according to Coventry for...

A new 10-point plan from the Home Builders Federation shows how policymakers could act fast to boost the supply of new,...

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

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...

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

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

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

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

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

The first time buyer economy, comprised of lending and spending, will reach £74.1 billion by 2025, according to research by Coventry...

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

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

The UK's largest mortgage lender expects house prices to fall this year and next before rising in 2025. Lloyds Banking Group -...

HLPartnership - which describes itself as the country’s biggest privately-owned mortgage network - has revealed upgrades to its technology platform which...

The Bank of England is expected to hold base rate at 5.25 per cent this week with many analysts expecting this...

A range informal media briefings on behalf of the UK government suggest that an extension of the current mortgage guarantee scheme...

Molo, which calls itself the UK’s first fully digital mortgage lender, has launched a Non-Resident Buy-to-Let Mortgages, unlocking investment opportunities for...

Britain’s macroeconomic policy framework needs an overhaul to tackle the risk of an unsustainable ratcheting up of debt. That’s the view of...

Landlords in the UK are paying 40 per cent more mortgage interest than in August 2022, which equates to an extra...

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

Skipton Building Society has made what some brokers call an “unprecedented move” by offering rates for existing borrowers switching products starting...

Analysts suggest that mortgage lending is likely to fall over the rest of 2023 with both demand and supply dropping thanks...

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...

The Nationwide says high interest rates are helping to redefine the housing market in terms of transaction volumes and choices of...

The crisis hit Metro Bank is in talks to sell off at least a £3 billion portion of its mortgage book. The...

Is the mortgage price war really over? On the one hand there are good signs for the housing market - no substantial...

Mortgage and protection brokerage Access Financial Services has launched an in-house digital marketing and lead generation platform. Access FS has acquired a...

An estimated seven million UK households are struggling to keep up with their rent or mortgage payments, Which? warns, with millions...

It’s now one year since former Prime Minister Liz Truss and Chancellor Kwasi Kwarteng’s ill-fated mini-budget, which acted as a catalyst...