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KEYWORD "borrowers" - 100 RESULTS
April Mortgages launches Dutch-style house purchase product range

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

22 May 2024

From: Breaking News

Debt Consolidation Range from lender  targets older borrowers

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

22 May 2024

From: Breaking News

At last! Mortgages market confidence finally recover from Liz Truss disaster

The latest report from the Intermediary Mortgage Lenders Association (IMLA) reveals that intermediary confidence in the industry increased in Q1 2024. Some...

20 May 2024

From: Breaking News

Good news as High Street borrowers cut rates once again

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

20 May 2024

From: Breaking News

Interest Rate impact on Mortgages - a six month analysis

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

13 May 2024

From: Breaking News

Brokers can educate young borrowers on eco-improvements - claim

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

09 May 2024

From: Breaking News

Stark figures show mortgage repayment burden for borrowers

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

07 May 2024

From: Breaking News

Mortgages target borrowers with CCJs and defaults

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

01 May 2024

From: Breaking News

New loan covers lifecycle of property, not just purchase

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

29 April 2024

From: Breaking News

Popular lenders change rates and products for landlords

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

29 April 2024

From: Breaking News

Shock as major mortgage lenders increase rates

Five major lenders - NatWest, Barclays, Accord, Leeds Building Society and HSBC - have all announced rate increases so far this...

24 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

Over 120,000 borrowers slash payments via Mortgage Charter

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

15 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

Jury’s Out - Is the YBS 99% mortgage a good idea?

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

02 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

Prominent whole-of-market broker signs extended FinTech deal

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

02 April 2024

From: Breaking News

Mortgage Reforms urged to boost Home Ownership

A think tank is urging the UK government to initiate mortgage market reforms to promote higher home ownership. The Social Market Foundation...

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

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

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

Outrage at “shameful” Halifax move to cut maximum age on some products

There’s been an angry reaction to news that from today - March 18 - Halifax is changing the maximum age allowed...

18 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

Tech-boost for Dutch-style mortgage provider entering the market

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

11 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

Building society bans mortgages on holiday let properties

A building society has launched a pilot project banning mortgage lending on holiday lets in two tourist areas for 12 months. Leeds...

06 March 2024

From: Breaking News

Experts slam lenders for ultra-short notice repricing of mortgage products

Experts have lashed out at lenders who reprice products, sometimes with just a few hours’ notice. And many suggest that lenders are...

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

FCA launches working group to probe interest-only mortgages

The Financial Conduct Authority is working with 12 lenders and administrators to probe the interest-only mortgage market. The number of IO and...

28 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

Stamp Duty’s damage to borrowers exposed by building society

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

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

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

Higher LTVs for borrowers aged 70 and 80, says Pure Retirement

Lifetime mortgage lender Pure Retirement has continued its ongoing product development in its Heritage range. The Special 3 product will offer up...

19 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

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

Free Teach-In for brokers expanding into Self-Employed Lending

FinTech supplier Mortgage Brain has partnered with HSBC UK to host a free online masterclass on self-employed lending.  Taking place on February...

07 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

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

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

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

Guidance for Brokers on how to woo Eco-conscious Borrowers

Research from Coventry for Intermediaries has revealed that there is a clear generational difference in attitude when it comes to making...

27 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

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

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

Mortgage industry’s low LTVs blamed for homes being empty

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

Cost of living crisis triggers wildly diverse Mortgage product demand

New data from Legal & General - based on searches to its Ignite platform - suggests a diverse mortgage market during...

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

Bridging Lending Bounces Back in Q3 2023

Contributors to a quarterly specialist finance publication have reported a 15.3 per cent increase in bridging loan transactions, totalling £191m, during...

13 November 2023

From: Breaking News

Brokers’ advice crucial for first time buyers says new report

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

08 November 2023

From: Breaking News

Mortgage arrears soar in UK according to global credit service

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

06 November 2023

From: Breaking News

Mortgage Guarantee Extension in package of first time buyer help

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

30 October 2023

From: Breaking News

Innovative buy to let mortgage product launched by digital lender

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...

30 October 2023

From: Breaking News

Interest Only - another surge in demand online

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

25 October 2023

From: Breaking News

Halifax Heads Cluster of Lenders Scrambling for Business

A host of lenders have announced cuts to their rates in recent days, with Halifax arguably the most significant. It’s launched three-year...

23 October 2023

From: Breaking News

Buy To Let Mortgage Market Booms - new analysis

A new analysis of the UK’s buy to let mortgage market shows just how much it’s grown over the past decade,...

18 October 2023

From: Breaking News

Skipton in “unprecedented move” to shake up residential mortgages

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

16 October 2023

From: Breaking News

Boom! Big increase in mortgage choice for investor borrowers

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...

16 October 2023

From: Breaking News

Borrowers Show Low Level Of Understanding Their Debt - survey

A depressing 64 per cent of people have taken out a mortgage or personal loan without fully understanding how it works,...

11 October 2023

From: Breaking News

State of the art Mortgage Originations system launched

Target Group is officially launching the Mortgage Hub, its state-of-the-art mortgage originations system.   Over two years in development, Target claims it is...

09 October 2023

From: Breaking News

Millions of Borrowers Struggle with Mortgage Payments

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

04 October 2023

From: Breaking News

Huge Increase in Three Year Fixed Mortgage Products

The number of three-year fixed mortgage products available from lenders has been rising over the last few months as borrowers coming...

02 October 2023

From: Breaking News

‘Terrifying’ leap in mortgage arrears

Mortgage arrears in the UK jumped by almost a third between April and June compared with the same period last year,...

18 September 2023

From: Breaking News

Spike in Demand for Interest Only due to Mortgage Charter

Data from mortgage research and sourcing platform Legal & General Ignite reveals a significant spike in searches for Interest Only products...

13 September 2023

From: Breaking News

Four in 10 borrowers will be retired when their mortgages mature

Equifax data has found that 41 per cent of live mortgages in the UK are held by customers who will be...

13 September 2023

From: Breaking News

UK Finance Review shows how borrowers cope with higher rates

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

Mortgage Approvals Take A Dive, admits Bank of England

The Bank of England says net mortgage approvals decreased from 54,600 in June to 49,400 in July, although approvals for remortgaging slightly increased...

04 September 2023

From: Breaking News

Specialist lender calls for drastic rethink of mainstream mortgage market

A study of 7,000 people by a specialist predicts the UK specialist residential mortgage market will treble to £16 billion by...

04 September 2023

From: Breaking News

LendInvest launches products to Legal and General Mortgage Club

Legal and General Mortgage Club members will now be able to access LendInvest's new Residential Mortgages range, as well as its...

30 August 2023

From: Breaking News

Borrowers switch to lump-sum repayments and fixed rate products

UK mortgage customers are turning to fixed rates and lump-sum payments as interest rates rise, according to new research by Butterfield...

23 August 2023

From: Breaking News

Mortgage Mayhem Subsiding - Low Level Of Worry Amongst Borrowers

A survey by property portal OnTheMarket suggests that only six per cent of home movers are concerned in any way about...

23 August 2023

From: Breaking News

Interest Only mortgages plummet but FCA warns on complacency

The number of interest-only (750,000) and part-interest-only (245,000) mortgages has halved since 2015, new Financial Conduct Authority analysis has found.  The fall...

21 August 2023

From: Breaking News

Huge Rise in Popularity of 35 Year Mortgages - new figures

New Freedom of Information data from the FCA - gathered by Quilter, the wealth manager and financial adviser - reveals that...

01 August 2023

From: Breaking News

Reach Out! New public awareness campaign launched by lenders

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

Broker searches for interest-free mortgages soar

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

18 July 2023

From: Breaking News

Mortgage Relief - UK banks can withstand the next economic crisis

The Bank of England’s latest stress test of the financial system suggests that UK's eight largest lenders could survive a worst...

18 July 2023

From: Breaking News

New bid to help self-employed mortgage applications win approval

Saffron for Intermediaries has launched a campaign to help and support broker partners get more self-employed mortgage applications approved first time...

18 July 2023

From: Breaking News

Brokers warn on growing housing market crash fears

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

11 July 2023

From: Breaking News

Mortgage costs not deterring housing market - at least not yet

Nationwide says the sharp rise in the costs of mortgages is causing a "significant drag" on the housing market - but...

04 July 2023

From: Breaking News

Mortgage Charter - Have You Read It?

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

04 July 2023

From: Breaking News

Lender launches industry-first 'EPC Incentive' buy to let product

Fleet Mortgages is offering landlord borrowers £1,000 cashback if they improve the Energy Performance Certificate of the property to a C...

27 June 2023

From: Breaking News

UK Finance reminds lending sector of obligations

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

Broker Searches reveal increasing difficulties for borrowers

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

27 June 2023

From: Breaking News

Brokers urged to hold mortgage clinics in community buildings

National brokerage Just Mortgages is encouraging brokers to go into their local communities to win business. Rather than ‘waiting for it to...

20 June 2023

From: Breaking News

Backing for 24-hour Mortgage Product Withdrawal Pledge

Support appears to be growing for a campaign to improve lender communication and increase the notice given about withdrawn mortgage products.  Brokers...

13 June 2023

From: Breaking News

Revealed - figures show scale of mortgage deals pull-out

A new analysis by Moneyfactscompare - perhaps still better known by its old name, Moneyfacts - shows precisely how many mortgage...

06 June 2023

From: Breaking News

Going Green - top lender’s bid to improve EPC ratings

Nationwide Building Society has launched a new Home Energy Efficiency Tool to coincide with the debut of new green loan products. The...

06 June 2023

From: Breaking News

Property expert gives his verdict on new mortgage products

After the latest rise in Bank of England Base Rate, mortgage lenders are offering new products to help those struggling to...

23 May 2023

From: Breaking News

Snapshot shows mortgages cost an extra £300 per month - LMS

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

23 May 2023

From: Breaking News

Mortgage market confidence recovers in Q1, says IMLA

There’s a growing optimism about the outlook for the mortgage market, according to the latest Mortgage Market Tracker report from the...

16 May 2023

From: Breaking News

Accord cuts rates at the double!

Accord Mortgages is making further changes to its buy-to-let and residential rates. For the second time in as many weeks, buy to...

04 April 2023

From: Breaking News

Foundation Home Loans launches new limited edition BTL products

Foundation Home Loans, the intermediary-only specialist lender, has today announced the launch of two new Limited Edition buy-to-let products in its...

21 March 2023

From: Breaking News

Saffron refreshes home loans offer

Saffron Building Society has announced a full product refresh across its mortgage portfolio, focused on helping borrowers in need of larger...

14 March 2023

From: Breaking News

Record year for building society

Newcastle Building Society has reported record lendings for 2022 of £586 million. Significant support was provided to Members, clients, and colleagues during...

07 March 2023

From: Breaking News

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