Archive

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

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

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

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

Yorkshire Building Society new fee-free offer will enable first-time buyers across England, Scotland or Wales with a £5,000 deposit to purchase...

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

There’s been broad support for Santander’s decision that Universal Credit will be considered an acceptable form of secondary income for mortgage...

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...

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...

Rightmove says the housing market needs a more innovative mortgage initiative than the 99 per cent idea floated by the government. The...

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

There were 12,000 first time buyers over the age of 50 in the UK in 2022, the latest figures available. This means that...

Business consultancy Hargreaves Lansdown has identified three major risks associated with the current market, characterised by falling house prices and larger...

Respected estate agency and property consultancy Savills is warning that house prices may dip in 2024. In the run-up to Christmas it...

New research from Aldermore suggests that some 55 per cent of prospective first time buyers are currently seeking to raise a...

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

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

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

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...

Saga, the provider of products and services for the over-50s, has teamed up with digital broker Tembo to launch Saga Mortgages. The...

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

Online Mortgage Advisor has conducted a research by looking at how much property prices have outgrown local wages during the past...

The Nationwide wants greater government support for first-time buyers as rising costs delay owning a home. As one of the UK’s biggest...

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

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

Rightmove claims that single first-time buyers on an average salary and with a 5.0 per cent deposit could not afford three-quarters...

Searches for interest-only mortgages rose a hefty 51 per cent in the past month as buyers seek to improve affordability. Research data...

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

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

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

Brokers are warning that dramatic council ‘effective bankruptcies’ will increase local residents’ tax bills and so hurt mortgage affordability. This follows the...

This week sees the start of Mortgage Vision, the free regional mortgage industry roadshow. Now in its 15th year, Mortgage Vision opens...

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...

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

Brokers are up in arms about alleged profiteering by buy to let mortgage lenders’ arrangement fees. These jumped last autumn as a...

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

The latest house price index - this one from the Halifax - has triggered a huge wave of concern about the...

Research published by the Home Builders Federation shows that the new homes owners will save an average of £135 on monthly...

Legal & General has launch a refreshed version of its mortgage research and sourcing platform, Legal & General Ignite. The upgraded platform...

Companies representing some 85 per cent of all mortgage lending have signed up to a new charter.  The lenders claims they have...

The latest monthly criteria index from Knowledge Bank highlights the pressing financial difficulties for many in the UK - and with...

LMS’ Monthly Remortgage Snapshot for April  showed £300 increases for remortgagers last month. Key findings: £300 average monthly payment increase for those who...

The Bank of England last week hiked interest rates by 0.5 percentage points - pushing the benchmark rate to 4% up...

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

The Mortgage Lender has announced rate cuts across its entire residential range, including purchasing and re-mortgaging products. The specialist lender’s rate reductions...

Luxury asset short-term lender, Suros Capital, has reportedly been seeing an increase in buoyant new business with its loan book now...

Foreign buyers from the United States have been benefitting from a weakening pound to the greatest extent, the latest research by...

This week’s mortgage roundup involves a month of firsts and milestones, with Proportunity and BuildLoan launching UK-first products for buyers. Meanwhile,...

A recent change in mortgage rules that required lenders to check whether homeowners could afford repayments at higher interest rates has...

In the UK, homeownership remains one of the main aspirations for young adults and families who envision climbing the property ladder...

Living as a resident in London can burn quite a hole into your pockets, but in comparison, by how much exactly? Recent...

This week’s roundup takes a look at the latest in the mortgage market, from L&G’s latest addition to its lender panel...

Despite a move back to normality for those living and working within the capital, demand for apartment-style living across London is...

Self-employed individuals are twice as likely to be rejected for a mortgage, a new report from The Mortgage Lender (TML) shows. Its...

The long-awaited Crossrail line is finally set to launch on 24 May 2022. It will connect the east and west of...

Introducer Today returns with a bumper mortgage roundup, this time featuring the latest industry views on mortgage approvals, new and extended...

Coinciding with International Women’s Day today (March 8), data from the property platform Boomin has found the wide disparity in property affordability...

The latest Nationwide house price index, released yesterday morning, reveals that January has seen the strongest start to the year since...

This week’s mortgage roundup is a range of reduced rates and new products across the mortgage market, with Furness Building Society’s...

Most people are willing to pay a ‘certainty premium’ of £1,200 per year for a long-term guarantee of fixed mortgage repayments,...

The mortgage roundup column returns to bring you the latest news on mortgage products coming to the market, featuring Furness Building...

New data has found that 89% of mortgage advisers believe first-time buyers need more education on purchasing a property and what...

Smartr365 and Experian tie-up set to transform credit checking process Smartr365, an end-to-end mortgage platform, has launched its commercial and strategic partnership...

Tembo, the ‘next generation’ lending platform, has launched a new approach to family lending for mortgages. The lender offers a range of...

Legal & General (L&G) has announced that it will provide its digital mortgage sourcing technology to intermediary business, My Simple Mortgage. L&G...

Mortgage borrowing in the UK has now reached its highest level since 1993, with home buyers looking to make the most...

Advise Wise has introduced a bespoke, customisable Equity Release Fact Find on its platform. Members can now manage a large number of...

More than eight out of 10 brokers use the affordability calculator of up to six lenders when sourcing a single case,...

LiveMore has announced a reduction of its standard fixed rates from five-year up to lifetime. Launched last week, the seven, 10 and...

New research from Knowledge Bank has revealed that homeowners are utilising second charge mortgages to raise money to invest in buy-to-let...

Zahid Bilgrami has been appointed as group chief executive officer of Mortgage Brain. Bilgrami joins the company after 11 years as chief...

Pepper Money has become the latest lender to go live on Affordability Hub, the affordability-based sourcing system from Mortgage Brain. Launched last...

Broker searches for ‘Covid-19: temporary maximum LTV restrictions’ remain in the top five results for the sixth consecutive month, data from...

Over the last ten years, the mortgage market in the UK has changed significantly. Alongside increased regulation of the industry, stricter...

Responsible Life, a later life lending specialist, is reporting a 52% annual surge in lifetime mortgage sales, as retirees increasingly look...

Equity release advisory service provider Equity Release Supermarket (ERS) has partnered with LiveMore Capital. Specialising in retirement interest only (RIO) mortgages for...

Mortgage Brain has witnessed thousands of advisers actively using its new Affordability Hub tool. The affordability-based technology allows advisers to source mortgage...

The MCI Mortgage Club has added LiveMore Capital to its panel, expanding its range of products to include retirement interest-only (RIO)...

Knowledge Bank’s criteria index for February has revealed some surprise results, with some sectors experiencing unprecedented change. It was all change in...

There is evidence of continuing volatility in the mortgage market, with different criteria searches among brokers reaching the top five, according...

Workers who received a festive bonus and are looking to purchase a property in 2020 could boost their borrowing power by...

Money Advice Scotland is piloting open banking technology from Experian which could help it to significantly speed up the early stages...

The time it takes to sell a home across UK cities has hit a three-year high, according to Zoopla. Its September UK...

Right to Buy became one of the most-searched for criteria by brokers for the first time in July, according to Knowledge...

Interest-only mortgages comprised 20% of new business introduced in Q2 2019, down from 28% is Q2 2007 but significantly higher than...

The number of 40-year mortgages approved jumped over 20-fold in 2018, up from only 162 in 2017, according to ludlowthompson. The London...

Nearly three quarters (71%) of the UK’s growing self-employed population believe their employment status makes it harder to get a mortgage,...

Over-55s now make up nearly 200,000 owner occupier housing transactions in England each year, according to the latest study from the...

Saffron Building Society has launched a renewed affordability calculator to assist brokers and their customers when choosing a new residential mortgage. Findings...

Hinckley & Rugby Building Society is the first UK lender to go live with an innovative digital system developed in Denmark. Developed...

Mortgage brokerage CLS Money has warned advisers that it’s high time they revisit all of their customers who have struggled to...

Hinckley & Rugby Building Society has launched buy-to-let (BTL) mortgages for limited companies that are exclusively available through the specialist mortgage...

A fifth of current mortgage holders believe they will still be paying off their mortgage beyond the age of 65 –...

Legal & General Home Finance has announced a new 5-year partnership agreement with Virgin Money. The alliance will see the retirement lender...