Archive

Purplebricks has launched Purplebricks Mortgages Limited - taking over from the old Strike Financial Services brand.  A year ago the Strike online...

A new survey suggests that almost half a million Britons are set to miss a mortgage payment in the next six...

Just Mortgages, one of the UK’s largest mortgage brokerages, is hosting its second broker academy of the year. The programme caters to...

New Financial Conduct Authority statistics display housing market turbulence over the past two years, raising concerns about buyers and lenders in...

Specialist lender Hodge has joined forces with Propflo, a PropTech startup, to help customers make their properties more energy-efficient and environmentally...

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...

Lloyds Banking Group, Nationwide, NatWest - along with Rightmove - have announced a strategic investment in Coadjute, a prominent PropTech business. This...

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

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...

Mortgage Advice Bureau has developed a new tool to assess a customer’s financial resilience based on their level of protection. The financial...

Recent economic data was reassuringly predictable. We learned that core inflation fell by fractionally more than expected while services inflation proved slightly...

Legal & General Mortgage Club has added April Mortgages to its lender panel, giving additional exposure to April’s long-term fixed-rate remortgage...

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...

The Bank of England has signalled that more than one interest rate cut is likely this year - but the question...

High profile mortgage broker Paul Welch, founder of the MillionPlus Club, has signed to talent agency, Talent & Brands.  Welch has established...

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...

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

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...

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

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

Some 42 per cent of regulated firms are reporting a rise in financial crime attempts, while more than a quarter say...

Halifax moved entirely in the opposite direction to its rivals at the very end of last week, cutting rates instead of...

Tom Davies has started with Leaders Romans Group as the company’s first group financial services managing director. This new position coincides with...

Diverse views have emerged from financial services figures in response to last week’s news that the headline rate of inflation remained...

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

Lenders’ trade body UK Finance wants the government to use next month’s Budget to announce a new Help to Buy scheme...

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

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

Access Financial Services has partnered with Nomo Bank to offer Sharia-compliant property finance for UK rental and residential property. The products address...

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

New research indicates that the Bank of Mum and Dad may not be as prevalent as it once was, with the...

The number of mortgages with over 30-year terms sold to UK borrowers jumped 13 per cent in the year to end...

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

Shawbrook has become the first bank in the UK to offer limited companies the ability to remortgage using the digital conveyancing...

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...

Bank of England governor Andrew Bailey is warning that ‘future shocks’ may yet derail economic recovery. In a session with MPs at...

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

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...

Metro Bank says it will not, after all, be selling its residential mortgage portfolio despite widespread industry speculation that it was...

A warning has been given to borrowers and the home owning public by Paul Broadhead, head of mortgage and housing policy...

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

The Bank of England says there was £18.8 billion of mortgage borrowing in arrears in the third quarter of this year. That’s...

With the Bank of England maintaining base rate - as expected - at 5.25 per cent, the broker community ends 2023...

Many landlords say they’re set to expand investments in 2024 despite facing up to 80 per cent higher costs in the...

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

Karis Capital is launching as what it calls “a premier real estate debt advisory firm with plans to redefine how developers...

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

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

Just Refer, a new referral portal for national brokerage Just Mortgages and financial services arm Just Wealth, has supported brokers in...

A new study shows a remarkably low number of people seeking professional financial advice. The report is called State of Flux and...

A new study by a price comparison platform suggests that many younger Britons are waiting to inherit before buying a home. In...

The EY Item Club is warning that the UK is set to experience the slowest two-year mortgage growth in a decade. EY...

End-to-end mortgage service Smartr365 has beefed up its platform to improve the experience of brokers sourcing protection packages for clients. These developments...

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

Tomorrow’s King’s Speech, setting out the legislative agenda for the coming year, looks certain to include leasehold reform - and the...

The Bank of England has held base rate at 5.25 per cent, with most analysts saying this is likely to be...

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

Jo Breeden, managing director of Crystal Specialist Finance, writes: In his recent speech, the Prime Minister scrapped the proposed changes to EPC...

There are growing fears of yet another Bank of England base rate rise next month following the surprise inflation figure released...

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...

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

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...

The latest industry index on property fall throughs by quick-buy property firm House Buyer Bureau shows the problem accelerating across the...

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...

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

Metro Bank customers will now benefit from a smoother house buying process thanks to a new partnership with Legal & General...

Brokers have criticised NatWest for allegedly offering a sub-5.0 per cent 60 per cent LTV five -year fixed mortgage rate direct...

Estate agency group My Property Box has launched a financial services arm. My Property Box Financial Services offers advice on a wide...

There’s been a backlash from the mortgage industry following Prime Minister Rishi Sunak’s Eco U-turn last week.  In recent months a growing...

Half a million mortgage-holders are facing an imminent financial shock as their fixed deals end in the run-up to Christmas or...

Pressure on mortgage holders is leaving Briton struggling to cope with their mental and physical health according to a wellbeing service...

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

The Financial Conduct Authority is introducing new screening checks for firms that approve financial adverts.   Firms approving financial marketing for unregulated firms...

Almost 400 misleading promotions by later life mortgage firms have been binned or amended, thanks to the Financial Conduct Authority.   The...

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

New analysis of personal guarantee requests from lenders for Limited Company Buy to Let mortgage, has found that the average personal...

A body called the Landlord Leaders Community is pledging “to drive positive change for a sustainable and thriving private rented sector.” Set...

Belvoir - fast becoming as big a force in financial services as in property - has snapped up a regional mortgage...

Mortgage-related fraud has increased by 32.8 per cent in the past year, it’s been claimed. Apex Bridging has analysed the number of...

The Howden Group, which acquired leading UK mortgage broker SPF Private Clients last year, is expanding further into the mortgage market...

Brokers are wanting that the recent Rightmove asking price index does not mean that sellers are necessarily in a position to...

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

There is speculation that the recent spate of figures from the UK economy may prompt a war between mortgage providers as...

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...

Plans to ban cold calls for financial products are the subject of a consultation marking the next step in delivering the...

A financial service trading statement by a major player this week highlights the issues facing the industry. LSL is one of the...

The Bank of England’s latest base rate rise - up 0.25 per cent to 5.25 per cent - has been poorly...