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KEYWORD "lender" - 100 RESULTS
Worst Case Scenario - mortgage costs up hundreds per year

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

21 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

Specialist lender Cohort Capital hits bridging milestone

After reaching the milestone of £250m in 2022, specialist lender Cohort Capital increased originations by 60 per cent in 2023 to...

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

It’s Back! Confidence returns to the mortgage market says IMLA

The latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association reveals that confidence has returned to the mortgage market,...

14 February 2024

From: Breaking News

First Time Buyers aged 50-plus “one of fastest growing sectors”

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

14 February 2024

From: Breaking News

UK Finance lobbies government for new Help To Buy and less Stamp Duty

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

14 February 2024

From: Breaking News

Octane Capital issues a brutal warning on mortgage rates

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

14 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

Worrying rise in mortgage arrears and repossessions - new data

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

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

Falling house prices and big mortgages – three major risks

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

07 February 2024

From: Breaking News

Nationwide’s shock rate rise may not be the only one - warning

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

05 February 2024

From: Breaking News

Commercial property lending forecast to soar in next four years

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

05 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

Vast majority of High Net Worth Individuals suffer mortgage rejections

The vast majority of high net worth individuals have faced mortgage rejections and had to accept lower loan-to-value ratios than they...

05 February 2024

From: Breaking News

Lender revamps lending criteria for high-skilled foreign nationals

MPowered Mortgages is changing its lending criteria for Tier 2, high-skilled foreign nationals across its range of products. It says this forms part...

31 January 2024

From: Breaking News

Happy Holidays! Lifetime mortgage funds fuel trips of a lifetime

Lifetime mortgage fund usage continues to show a mixture of aspirational and needs-based borrowing, according to figures from lender Pure Retirement....

24 January 2024

From: Breaking News

Mortgage defaults jump - and there may be worse to come

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

No more progress chasing for lenders, pledges HM Land Registry

HM Land Registry says it’s working with mortgage lenders to ensure they will no longer need to chase conveyancers for updates...

22 January 2024

From: Breaking News

Webinar for brokers operating in commercial property market

Property lender Together is holding its third webinar for brokers in its Chalk Live series, offering new educational content along with...

17 January 2024

From: Breaking News

Bank of England chief warns of ‘future shocks’ derailing recovery

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

15 January 2024

From: Breaking News

Lenders sacrifice profits for volume as rates fall yet again

The war between rival mortgage lenders continues with Halifax late last week undertaking its second re-price of the year (and it’s...

15 January 2024

From: Breaking News

Building Society warns it may stop lending on holiday lets

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

10 January 2024

From: Breaking News

Demand for Mortgages Soars as rates war draws in applicants

Latest Bank of England data released in recent days shows net mortgage approvals for house purchases rose from 47,900 in October...

08 January 2024

From: Breaking News

Bank of England Will Cut Rates sooner rather than later, say experts

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

08 January 2024

From: Breaking News

Buy To Let Turning A Corner? Confidence grows says mortgage chief

Some 74 per cent of residential buy to let landlords feel confident about the performance of the property market over the...

03 January 2024

From: Breaking News

More Lenders offer Mortgages on Homes hit with Building Safety issues

Three high street lenders - Virgin Money, TSB and Skipton Building Society - have joined the commitment to offer mortgages on...

03 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

Metro Bank NOT selling residential mortgage portfolio after all

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

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

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

Falling swap rates indicate lower mortgage rates - eventually

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

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

Going Green - more eco-mortgages on the market now than a year ago

More lenders have green mortgage deals on the market now compared to a year ago, according to the Mortgage Advice Bureau. Some...

18 December 2023

From: Breaking News

Landlords to expand portfolios in 2024 despite huge increase in costs

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

Saga launches mortgage service in bid to be ‘over 50s one stop shop’

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

11 December 2023

From: Breaking News

Accord cuts rates on buy to let range

Accord Mortgages is cutting rates on its buy-to-let range in what it calls a bid to “offer better value to brokers...

11 December 2023

From: Breaking News

Plea to lenders to understand more complex mortgage applicants

Some 40 per cent of self-employed individuals think lenders need to be more understanding when it comes to those with complex...

11 December 2023

From: Breaking News

Grinch! No Christmas cheer in Q3 UK Finance sentiment survey

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

11 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

Lender aims high by scrapping height restriction from lending criteria

Hodge is removing height restrictions from its lending criteria, meaning it will accept applications for mortgages on homes in England that...

06 December 2023

From: Breaking News

Winner! Best Buy To Let Mortgage Lender honoured at awards

The 2023/24 Your Mortgage Awards’ ‘Best Buy to Let Mortgage Lender’ has been named. It’s The Mortgage Works, and this is not...

06 December 2023

From: Breaking News

It’s Been a Boom Month for Fixed Deals and Incentives

Lenders are offering more fixed deals with incentives since the start of last month - November - but analysis by Moneyfactscompare...

04 December 2023

From: Breaking News

Barclays likely to bag Metro Bank mortgage book ‘by year end’

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

More help for first time buyers needed now, says leading mortgage lender

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

29 November 2023

From: Breaking News

Nationwide’s slashed rates means price war goes on to end of year

Nationwide has reduced selected mortgage rates by up to 0.43 per cent across its New Business, Switcher, Additional Borrowing, Existing Customers...

27 November 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

Mortgage insurance initiative aimed at professional landlords at risk

A new personal guarantee insurance protection service has been launched for professional landlords - triggered by a surge  in incorporation. Purbeck Personal Guarantee...

15 November 2023

From: Breaking News

Amazing interest-free mortgage help  scheme introduced by government

Homeowners in Wales who are struggling with their mortgages could get loans that are interest-free for the first five years under...

13 November 2023

From: Breaking News

Buy To Let mortgage arrears start to rise

Lenders’ trade body UK Finance says there were 11,540 buy to let mortgages in arrears of 2.5 per cent or more of...

13 November 2023

From: Breaking News

Unique mortgage affordability tool launched by digital broker

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

08 November 2023

From: Breaking News

Dire borrowing and credit data from Bank of England

There’s been an alarming set of figures in the Bank of England’s latest Money and Credit report, which relates to September. Net...

08 November 2023

From: Breaking News

Single First-Time Buyers cannot afford 75% of homes using Mortgage Guarantee Scheme

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

06 November 2023

From: Breaking News

Lender gives dire warning about UK house price future

The UK's largest mortgage lender expects house prices to fall this year and next before rising in 2025. Lloyds Banking Group -...

01 November 2023

From: Breaking News

Mortgage Advisers told to hard sell EPC upgrades to landlords

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

30 October 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

Artificial Intelligence deployed to help brokers attract new business

A residential mortgage lender is using AI to help brokers attract more customers as well as engage existing customers. MPowered Mortgages says...

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

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

Mortgage Defaults Rising - and there’s likely to be worse to come

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

16 October 2023

From: Breaking News

Interest Rates Are Redefining Housing Market - Nationwide

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

11 October 2023

From: Breaking News

Average Mortgage Rates Continue To Drop

It’s now the tenth week that average rates of dropped, as the slow but steady downward trend of fixed-mortgage rates continues.  As...

09 October 2023

From: Breaking News

Is The Mortgage Price War Really Over?

Is the mortgage price war really over? On the one hand there are good signs for the housing market - no substantial...

09 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

What Next After A Year Of Mortgage Mayhem?

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

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

New Digital Survey may speed mortgage applications - claim

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

02 October 2023

From: Breaking News

Mortgages and Climate Change - Bank makes pioneering partnership

Atom bank has announced a partnership with climate tech business Kamma to give “an unparalleled view on both the physical and...

02 October 2023

From: Breaking News

Mortgage chiefs tell Rishi he’s just kicking the Eco can down the road

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...

25 September 2023

From: Breaking News

It’s Beginning To Look A Lot… like a Christmas mortgage crisis

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

25 September 2023

From: Breaking News

Bad Timing? New product for landlords committing to EPC improvements

Molo Finance - which says it’s “the UK’s first fully digital mortgage lender” - has joined with a PropTech startup to...

25 September 2023

From: Breaking News

Warning over Personal Guarantees required for BTL Limited Company mortgages

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

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

Six Weeks of Rate Cuts - and strong hopes of more to come soon

After six consecutive weeks of mortgage rate reductions - and the expectation of more soon - there are hopes of sub-5.0...

11 September 2023

From: Breaking News

Mortgage Vision Roadshow launches this week

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

11 September 2023

From: Breaking News

Beware! Mortgage Fraud on the rise

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...

11 September 2023

From: Breaking News

LendInvest Launches Automatic DIPs to Speed Applications

LendInvest has launched automatic DIPs - decisions in principle - as part of its latest platform update. The automated DIP process means...

06 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

Brokers can appoint conveyancers for complex buy to let deals

Aldermore is to allow brokers greater flexibility to appoint conveyancers to support on complex buy to let transactions. The lender is to...

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

It’s War! Lenders Battle for Market Share

There’s been a flurry of rate cuts from lenders serving all sector of the market as a battle begins for market...

28 August 2023

From: Breaking News

Top lender reveals how rate hikes have hurt housing market

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

28 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

Brokers angry at lenders’ “brutal” buy to let arrangement fees

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

23 August 2023

From: Breaking News

Will improving economic news trigger a Mortgage War?

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

21 August 2023

From: Breaking News

Good News - market sentiment strong across all mortgage sectors

The latest Mortgage Market Tracker from the Intermediary Mortgage Lenders Association shows surprisingly upbeat market sentiment among advisers during the second...

21 August 2023

From: Breaking News

New Products To Woo Investors Were Created After Broker Feedback

High profile specialist lender Shawbrook has unveiled two new mortgage products for its Buy to Let, Commercial and Semi-Commercial ranges.  The offerings...

16 August 2023

From: Breaking News

Lender quits buy to let to focus on owner occupiers

Bluestone Mortgages is quitting the buy to let sector and says it will focus entirely on the owner-occupied mortgage market. It has...

14 August 2023

From: Breaking News

Company’s Gloomy Trading Statement Lifts Lid On Mortgage Crisis

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

08 August 2023

From: Breaking News

Absolute Lunacy - mortgage industry responds to latest rate rise

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

08 August 2023

From: Breaking News

Brokers and lenders must work closely to avoid disappointing customers

A new survey of 2,000 UK adults has revealed that 50 per cent of those who have applied for a mortgage...

01 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

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