UK Finance says there were 93,680 homeowner mortgages in arrears of 2.5 per cent or more of the outstanding balance in...
Archive
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
Metro Bank says it will not, after all, be selling its residential mortgage portfolio despite widespread industry speculation that it was...
27 December 2023
From: Breaking News
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
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
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
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
A report on Sky News says talks are underway for Barclays hto acquire the £3 billion mortgage book of the troubled...
04 December 2023
From: Breaking News
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
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...
04 October 2023
From: Breaking News
Brokers are warning that dramatic council ‘effective bankruptcies’ will increase local residents’ tax bills and so hurt mortgage affordability. This follows the...
20 September 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
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
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
Autumn 2023 will see the return of the Homebuyer Show Scotland in Glasgow, a dedicated show for Scottish homebuyers looking to...
18 April 2023
From: Breaking News
People aged 18-24 are more than twice as likely to choose a tracker mortgage than any other age group Those 55 or...
07 February 2023
From: Breaking News
With many borrowers under the cosh because of the cost of living crisis, lenders are offering brokers a chance to learn...
07 February 2023
From: Breaking News
Property maintenance solution provider, Help me Fix, revealed that 74% of homeowners determine that the energy efficiency of their home is important. By surveying...
25 October 2022
From: Breaking News
During these uncertain economic times, people are extra careful with their money, and to this end, new research reveals that 48%...
25 October 2022
From: Breaking News
Not the best news for the property sector, as the latest research by Revolution Brokers, shows that the monthly cost of...
06 October 2022
From: Breaking News
Pressure amongst tenants has been mounting as fuel, household bills, and everyday essentials have hit eye-watering costs. New research by Shawnbrook shows...
20 September 2022
From: Breaking News
New findings by Revolution Brokers reveal exactly how much more money homeowners and buyers can expect to pay for their mortgage...
15 September 2022
From: Breaking News
The colder months are already creeping up on the nation which means that doing some patchwork around the house could make...
08 September 2022
From: Breaking News
A study done by RIFT Tax Refunds has disclosed just how much the average person would need to see their pay...
30 August 2022
From: Breaking News
Property purchasing specialist, HBB Solutions, recently commissioned a survey of 1,225 UK homeowners to reveal the biggest worries and concens homeowners...
25 August 2022
From: Breaking News
Every day on the news we hear more and more about the ever-mounting cost-of-living in the UK, and households are now...
16 August 2022
From: Breaking News
In this guest piece, Adrian Plant, director of Shared Ownership at Leaders Romans Group and Calum Toone, mortgage advisor at Mortgage Scout, delve into the...
30 June 2022
From: Breaking News
The pressure of the constant surge in the cost of living for UK rental households are prevalent, and the effects are...
10 June 2022
From: Breaking News
Speaking to a financial adviser is more daunting for UK consumers than self-managing their finances, a YouGov study reveals. In a survey...
31 May 2022
From: Breaking News
This week’s roundup takes a look at the latest in the mortgage market, from L&G’s latest addition to its lender panel...
26 May 2022
From: Breaking News
Almost a third of property professionals believe their own anti-money laundering (AML) procedures wouldn’t stand up to scrutiny, research from Credas...
28 April 2022
From: Breaking News
Mortgage approval levels could climb right through until Christmas as the pandemic property market boom shows little sign of slowing, new...
19 April 2022
From: Breaking News
As the weather begins to warm up, many will be starting to think about giving their homes a seasonal spring clean....
05 April 2022
From: Breaking News
As a direct result of the rising cost of living, over half (57%) of Brits are already struggling financially, or expect...
24 March 2022
From: Breaking News
Some 3.2 million adults in the UK have missed some form of major payment over the last two years as the...
15 March 2022
From: Breaking News
Scott Clay at Together - the specialist lender - has shared a few tips for couples considering buying their first home...
15 February 2022
From: Breaking News
The latest Nationwide house price index, released yesterday morning, reveals that January has seen the strongest start to the year since...
03 February 2022
From: Breaking News
Legal & General has unveiled the top search trends that have driven activity in the market over the past three years,...
27 January 2022
From: Breaking News
As we’ve entered another New Year, now is as good a time as any to re-evaluate our spending habits and get...
20 January 2022
From: Breaking News
When looking at the problem for a greener future many people point to cows or cars, when in fact the housing...
06 January 2022
From: Breaking News
New data has shown that millennials (25-44) are as unconfident in their ability to manage their finances as younger Gen Z...
02 December 2021
From: Breaking News
This mortgage roundup highlights the latest updates and features from the UK’s leading lenders, from custom-build mortgage products and holiday let mortgages,...
11 November 2021
From: Breaking News
Data released by independent equity release advisory service, Equity Release Supermarket (ERS), shows that there’s a continued desire amongst their customers to...
04 November 2021
From: Breaking News
Savings and lending bank Shawbrook recently conducted a Changing Face Buy-to-Let Report to investigate refurbishment costs. In total 1,000 landlords, and 1,000...
21 October 2021
From: Breaking News
James Andrews, senior personal finance editor at money.co.uk, offers up top tips on how those planning to purchase a home with...
20 August 2021
From: Breaking News
As furlough support has begun to phase away from July 1 2021, there is still concern that this could lead to...
15 July 2021
From: Breaking News
According to new research from the homebuying platform, YesHomebuyers, the majority of UK homeowners spend between £500 to £1,500 a year on...
06 July 2021
From: Breaking News
Over the past year, many have experienced changes to their financial situations. With this in mind, Shawbrook Bank conducted a study...
06 July 2021
From: Breaking News
The pandemic and subsequent lockdowns have impacted UK employees in a major way, with more than a third (36%) aged 18-34...
10 June 2021
From: Breaking News
Only a quarter (27%) of UK adults have sought financial advice ahead of ‘freedom day’ despite Covid-19 causing financial uncertainty, according...
02 June 2021
From: Breaking News
Mortgage Business Expo (MBE) has confirmed that it will be open for live events in 2021. The first event will return to...
22 April 2021
From: Breaking News
Financial institutions in the UK continue to invent new ways to enable their clients to access their products and services online....
28 January 2021
From: PropTech
Searches for ‘self-employed’ and ‘defaults’ became the most popular in December, according to new research from criteria search specialist Knowledge Bank. Knowledge...
12 January 2021
From: Breaking News
Luxury asset lender Suros Capital has become the latest addition to Loans Warehouse’s lender panel to provide unique short-term finance propositions...
07 January 2021
From: Breaking News
Advisers have recently faced a relentless succession of challenges in the attempt to source consistent returns for clients in an environment...
02 October 2020
From: Breaking News
The Society of Mortgage Professionals (SMP) has revealed how brokers are helping consumers worried about their finances during the coronavirus outbreak. David...
10 April 2020
From: Breaking News
The Financial Intermediary & Broker Association (FIBA) is asking members to consider the Bank of England’s (BoE’s) warning about lenders cutting...
06 November 2019
From: Breaking News
Nearly a third (32%) of current mortgage holders, which equates to approximately 4 million people, may have to re-evaluate their finances...
08 January 2019
From: Breaking News
Nationwide is the latest building society to join the Equity Release Council (The Council) following its introduction to the lifetime mortgage...
28 November 2017
From: Breaking News
The imminent Prudential Regulation Authority (PRA) changes grant brokers and advisors more opportunity to provide guidance for buy-to-let landlords who are struggling...
25 September 2017
From: Breaking News
Freedom Finance has urged UK families to examine their finances after revealing that an average mortgage bill could increase more than...
18 September 2017
From: Breaking News
Castle Trust Capital has announced the implementation of its PRA Phase 2 changes, which require a specialist approach to underwriting for...
14 August 2017
From: Breaking News
In response to last week's Housing White Paper, mortgage management firm Computershare Loan Services has urged the government to make sure...
17 February 2017
From: Breaking News
Paragon Mortgages has updated its buy-to-let product range for professional landlords and unveiled six new products. The range includes two-year fixed rate products...
02 June 2016
From: Breaking News
Brokers and lenders are celebrating a "bumper month" which saw borrowing in March 64% higher than one year earlier. Gross mortgage borrowing...
27 April 2016
From: Breaking News
First-time buyer numbers fell nearly 5% in December as the traditional winter cooling hit the UK property market. Some 26,600 buyers took...
29 January 2016
From: Breaking News
A steep rise in debt since last summer 2015 has put more households under financial pressure, new research shows. Income and saving...
14 January 2016
From: Breaking News
A growing number of tenants are now seriously behind on their rent, new figures show. The number who were more than two...
08 January 2016
From: Breaking News
One in three mortgage holders have no idea what rate of interest they are paying, new research shows. This is despite growing...
08 December 2015
From: Breaking News
The interest-only time bomb is set to explode as almost three-quarters of affected borrowers fear they may not be able to repay their loan. Some...
03 November 2015
From: Breaking News
A new report from the Bank of England shows that approvals of loans for house purchases hit a 2015 high in...
01 October 2015
From: Breaking News
August has seen a spike in the number of mortgage deals as buyers look to snap up cheap loans before interest...
18 August 2015
From: Breaking News
Repossession rates have fallen to another new low but brokers warn that will quickly reverse when interest rates finally start rising. Repossessions...