Archive

The lenders’ trade body, UK Finance, has published a report examining why some landlords are falling into mortgage arrears and why...

Paragon Bank is offering four new limited edition buy to let mortgages, with two products suitable for landlords with three or...

NatWest has announced it will introduce new Airbnb-friendly mortgage terms that embrace home sharing via short lets. And now Airbnb wants...

A left-wing academic is suggesting that the new UK Labour government should emulate the US and introduce life-long fixed-rate mortgages. Some 90...

UK lender Standard Life Home Finance has announced a new EPC scheme to encourage consumers to make their homes more sustainable.   Upon...

The latest residential sentiment survey from the Royal Institution of Chartered Surveyors suggests a currently-subdued housing market but with a more...

Estate agents’ body Propertymark has issued a report called ‘A Dickensian Legal Process’ exploring why it takes long and longer to...

One of the Bank of England monetary policy committee members has advised against a cut in base rate on August 1. Jonathan...

Brokers can look forward to a strong second half of 2024, according to an industry leader. Rob Jupp, group chief executive at...

More than a quarter of people are in the dark about interest rates and how much they pay, a new survey...

Price growth in high-value prime areas has been put on hold given uncertainty surrounding the General Election, according to the latest...

The Conservatives are set to lose nearly half of homeowner votes this week, latest polling from national estate agency Jackson-Stops reveals....

Some 3m UK households are to be hit with further increases in mortgage repayments over the next two years, the Bank...

New research from the Intermediary Mortgage Landers Association suggests that the cumulative shortfall in first-time buyer numbers since the financial crisis...

Data from UK Finance suggests that interest-only mortgage holders are showing no obvious signs of distress despite interest rates remaining high.  There...

HSBC has made extensive cuts to rates levied on a vast range of residential and buy to let mortgages, coming into...

Total mortgage lending sat at just £50.5 billion during the first quarter of 2024, the lowest level seen since interest rates...

Interest rates for borrowers have been volatile over the past six months, despite no change to the Bank of England base...

The Bank of England has been sharply criticised for an “attack on homeowners” due to its refusal to cut rates. The Monetary...

Moneyfacts has analysed the movements in mortgage rates since the Conservatives came to office in 2010. Average two-year fixed mortgage rates fluctuated...

After a brief absence for what it calls “operational reasons” the Suffolk Building Society has returned to the 95% market with...

The European Central Bank has cut its key deposit rate to 3.75% - so moving faster than the Bank of England...

Higher-for-longer interest rates are likely to remain for the rest of this year, warns the deVere Group, an independent financial advisory...

Official Bank of England figures shows that net mortgage approvals for house purchases totalled 61,100 in April, little changed from 61,300...

Applications from first time buyers have grown by 33% so far this year with FTBs now making up a higher proportion...

Analysis by an estate agency shows that since the 1980s, house prices have climbed by an average of 5.4% in the...

Dudley Building Society has made its residential large loan mortgage range accessible to all brokers. Up until now, access to the building...

There’s a warning that the general election campaign will probably mean that the interest rate cuts hoped for in June will...

An online agency has analysed current housing market listings to see which types of home are most in demand from England’s...

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

Londoners looking to buy a home can expect to spend 42% more on monthly mortgage payments than tenants pay on rent,...

UK mortgage lending is forecast to grow just 1.5% (net) in 2024, according to the latest EY ITEM Club Outlook for...

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

UK Finance’s latest arrears and possessions data shows a modest three per cent rise in homeowner mortgages in arrears to 96,580...

The average selling price of property across Edinburgh, the Lothians, Fife and the Borders during February-April was £269,963, some 1.5% higher...

The Hinckley & Rugby building society has announced two cuts to rates across its mortgage range in short order.  After rate cuts...

Big demand for small properties has helped to drive growth in UK property prices in the early months of this year,...

Several of the UK’s biggest lenders have raised rates on their mortgage products this week already, as speculation grows that the...

The mutual has announced a refresh of its product range to ensure it continues to meet the complex needs of today’s...

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

Lloyd’s pre-tax profits were just £1.6 billion between January and March, down from £2.3 billion for the same period last year. The bank...

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

Mortgage lending has fallen by -28.6% in the past year, according to a new analysis. Octane Capital analysed gross mortgage lending data*...

There’s been a bevvy of buy to let mortgage deal changes this week. Shawbrook has made a series of reductions across its...

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

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...

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...

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

Suffolk Building Society has introduced a tiered approach to its Interest Cover Ratio assessment for buy to let and holiday let...

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

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

The average volume of UK properties listed for sale month-on-month rose by 58% in 2023 compared to a year previously, underscoring...

Analysis from estate agency Yopa reveals that while the London market may be the worst performing in terms of house prices, it...

New data from Zoopla suggests that the housing market is becoming buoyant despite widespread uncertainty over the exact direction of mortgage...

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

Homebuyer appetites for new-build properties have dipped. Demand dropped 1.1 per cent in the last quarter according to analysis by easyMoney of...

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

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

The buy to let mortgage sector has seen fixed rates fall to their lowest point since September 2022, according to analysis...

Hampshire Trust Bank has launched a limited edition two year discounted Flex tracker across its buy to let and semi-commercial offerings....

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

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

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

There were 29,060 new mortgages taken out by older borrowers over 55 in the last three months of 2023 - down...

There’s been a surge in enthusiasm for energy efficient homes according to research from heat pump advocates OVO. It says that a...

A specialist lender claims that first-time buyers could see annual mortgage costs climb by £398 per year, while landlords suffer a...

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

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

High street bank Virgin Money UK says there is light at the end of the tunnel for mortgages and the housing...

By Jonathan Samuels, chief executive of specialist property lender Octane Capital, writes: The Bank of England’s decision to hold interest rates on...

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

UK Finance says there were 93,680 homeowner mortgages in arrears of 2.5 per cent or more of the outstanding balance in...

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

At the middle of last week Nationwide slashed its rates to the most competitive of all in the current lenders price...

There are clear signs the commercial property market is adjusting to today’s high interest rate environment according to specialist lender Together. Its...

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

The UK's largest building society has slashed its cheapest mortgage rate to an eight-month low and significantly under the Bank of...

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

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

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

Despite a sharp fall in the number of homes bought by landlords in 2023, the number of limited companies set up...

There are growing fears that the hoped-for Bank of England base rate cut this spring - the first off possibly several...

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...

One of the UK’s biggest house builders, the FTSE 250-listed Persimmon, says its 2023 sales were better than expected - but...

A building society says it is considering ending its policy of lending to buyers of holiday lets. Martese Carton, the director of...

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

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

Monthly interest costs have surged by 283 per cent since 2021 for landlords using interest-only mortgages, research shows. Octane Capital compared rates...

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...

Crystal Specialist Finance has conducted its Annual Survey with over 10,000 brokers for the second year running. The point is to see...

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...

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...

A new survey - going against the trend of other housing market studies - suggests that house prices could rise six...