Some 3m UK households are to be hit with further increases in mortgage repayments over the next two years, the Bank...
Archive
![First Time Buyers deterred by over-strict mortgage rules - claim](/upload/images/shutterstock_1015072978.jpg)
New research from the Intermediary Mortgage Landers Association suggests that the cumulative shortfall in first-time buyer numbers since the financial crisis...
01 July 2024
From: Breaking News
![Stark figures show mortgage repayment burden for borrowers](/upload/images/24%2005%2007%20%2004.jpg)
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
UK residents need an average salary of close to £54,000 to purchase a property, according to new research. The study shows that...
29 April 2024
From: Breaking News
![Tide Is Turning: fewer people worried about mortgage repayment costs](/upload/images/24%2003%2020%20%2005.jpg)
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
![New mortgage targets landlords planning ‘light refurbs’ on BTL units](/upload/images/24%2001%2024%2001.jpg)
The Suffolk Building Society has launched new mortgage products aimed at private landlords who are planning refurbishments, such as a new...
24 January 2024
From: Breaking News
![Happy Holidays! Lifetime mortgage funds fuel trips of a lifetime](/upload/images/24%2001%2024%2005.jpg)
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
![Building Society warns it may stop lending on holiday lets](/upload/images/24%2001%2010%2001.jpg)
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
![Swap Rate falls trigger speculation of early 2024 rate cut](/upload/images/23%2012%2027%201.jpg)
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
![Amazing interest-free mortgage help scheme introduced by government](/upload/images/__thumbs/23%2011%2013%204%20shutterstock_2348525463.jpg/23%2011%2013%204%20shutterstock_2348525463__400x247.jpg)
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
![Boom! Big increase in mortgage choice for investor borrowers](/upload/images/__thumbs/23%2010%2016%2003.jpg/23%2010%2016%2003__400x254.jpg)
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
![Many More 35-Year Mortgages - new figures show surge](/upload/images/__thumbs/23%2010%2011%2003%20by%20Graham%20Norwood.jpg/23%2010%2011%2003%20by%20Graham%20Norwood__399x266.jpg)
New data from Experian reveals that one in four mortgages lent to those under 30 now have a term of 35...
11 October 2023
From: Breaking News
![It’s Beginning To Look A Lot… like a Christmas mortgage crisis](/upload/images/__thumbs/23%2009%2025%202.jpg/23%2009%2025%202__400x267.jpg)
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
![Four in 10 borrowers will be retired when their mortgages mature](/upload/images/__thumbs/23%2009%2013%203.jpg/23%2009%2013%203__400x254.jpg)
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
![Borrowers switch to lump-sum repayments and fixed rate products](/upload/images/23%2008%2023%201%20%20Compliance-2-400x310.png)
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 costs not deterring housing market - at least not yet](/upload/images/4%20Buy-to-let-3-400x310.png)
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?](/upload/images/5%20House_pound-400x310.png)
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
![UK Finance reminds lending sector of obligations](/upload/images/4%20BalancingPercentages-400x310.png)
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
![The cost of homeownership rises to £76,000 in first year](/upload/images/Shutterstock-only%20images/Property%20Market/House-pounds_400x310.png)
Estate agent comparison site, GetAgent.co.uk, claims that after purchasing a property the average homebuyer pays £76,000 during the initial year. In some...
22 November 2022
From: Breaking News
![Buy or Rent - buying a home remains cheaper than renting](/upload/images/Shutterstock-only%20images/Rental%20Market/BuyRent-400x310.png)
New findings by Revolution Brokers suggest that despite the increasing cost of borrowing, buying is less expensive than renting. The analysis was conducted by...
01 November 2022
From: Breaking News
![Property forecast - mortgage repayments are predicted to rise by £300 per month](/upload/images/Shutterstock-only%20images/Property%20Market/HousePriceRising_400x310.png)
New research by specialist property lending experts, Octane Capital, shows that monthly mortgage payments could increase by £300 each month. Homebuyers coming to...
06 October 2022
From: Breaking News
![Oh dear! Mortgage payments see second largest increase](/upload/images/Shutterstock-only%20images/Property%20Market/MortgageCalculated1_400x310.png)
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
![Devastating hit for homebuyers as mortgage costs climb](/upload/images/Housing%20Market%20%26%20Property%20Images/MortgageStatement-400x310.png)
As governmental changes sweep through the nation, countless elements within the property sector have been affected, including mortgages. Market analysis by specialist...
27 September 2022
From: Breaking News
![Revealed - mortgage costs increase up to 21.5%](/upload/images/library/Mortgage-House-Keys-400x310.jpg)
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
![Revealed – what happens to equity release plans when you die?](/upload/images/library/EquityRelease-400x310-min.jpeg)
Equity release allows the older generation to release some of the money from the value of their home through a series...
02 August 2022
From: Breaking News
![Households hit – mortgage costs account for 28% of disposable income](/upload/images/Housing%20Market%20%26%20Property%20Images/PayingBills-400x310.jpg)
The proportion of disposable household income required to cover average mortgage repayments is 27.6% so far in 2022 – the highest...
21 July 2022
From: Breaking News
![Moving in a positive direction – expert reacts to interest rate rise](/upload/images/Housing%20Market%20%26%20Property%20Images/House-Percentage-MortgageRates-400x310.jpg)
Last week (June 16), the Bank of England increased the base rate by 0.25%, up from 1.00% to 1.25%. In response, Moneyfacts.co.uk...
21 June 2022
From: Breaking News
![Five expert tips to get on the property ladder on your own](/upload/images/Housing%20Market%20%26%20Property%20Images/MillennialPayingLaptop-400x310.jpg)
Often, we are sold the dream of settling down with a partner and purchasing our dream house together – but, what...
10 May 2022
From: Breaking News
![Pandemic pinch – 3.2m adults have missed some form of major payment](/upload/images/Housing%20Market%20%26%20Property%20Images/PayingBills-400x310.jpg)
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
![Addressing the UK’s homelessness crisis as the eviction ban ends](/upload/images/Housing%20Market%20%26%20Property%20Images/Homeless-1-400x310.jpg)
The housing industry, like many other sectors, experienced a tumultuous 2021 as the pandemic continued to trigger exponential house price rises....
03 March 2022
From: Breaking News
![Don’t let the heart rule the head when buying a house - tips from Together](/upload/images/library/CoupleMovingHome-400x310.jpg)
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
![Nationwide house price index shows strong market – industry reacts](/upload/images/Housing%20Market%20%26%20Property%20Images/uk-housing400x310.png)
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
![Homeowners – five cost-cutting steps for mortgage repayments](/upload/images/library/MillennialPayingLaptop-400x310.jpg)
Nisha Vaidya, mortgage expert at Uswitch, explains how homeowners can use low-interest rates to their advantage and help make their mortgage more...
28 October 2021
From: Breaking News
![People willing to pay £1,200 more a year for a ‘certainty premium’](/upload/images/library/MillennialPayingLaptop-400x310.jpg)
Most people are willing to pay a ‘certainty premium’ of £1,200 per year for a long-term guarantee of fixed mortgage repayments,...
21 October 2021
From: Breaking News
![Study reveals owning a home costs more than buying a home](/upload/images/library/PayingBills-400x310.jpg)
Research by an estate agent comparison site has found that the cost of homeownership has climbed by a great margin. GetAgent looked...
03 September 2021
From: Breaking News
![Revealed – the cheapest countries to own a home around the world](/img/default/it.png)
Mortgage borrowing in the UK has now reached its highest level since 1993, with home buyers looking to make the most...
11 May 2021
From: Breaking News
![Homeowners wait until it’s too late for financial protection – study](/img/default/it.png)
Existing and aspiring homeowners admit it takes a ‘radical change in circumstances’ before they’d consider purchasing a financial protection product, according...
29 April 2021
From: Breaking News
![One in four homeowners miss mortgage payments – study](/img/default/it.png)
Some 26% of homeowners, or those buying a property, have missed a mortgage payment due to falling ill or having an...
23 March 2021
From: Breaking News
![Debt begone! Lockdown savings fuel record mortgage repayments](/img/default/it.png)
Savings made during lockdown have allowed some borrowers to reduce their debt commitments, with a record £17.6 billion of mortgages repaid...
18 March 2021
From: Breaking News
![Completion rates in first-time buyer mortgage applications rose in 2017](/img/default/it.png)
The majority (74%) of mortgage applications via intermediaries for first-time buyers resulted in a completion during Q4 2017, according to the...
09 March 2018
From: Breaking News
![Remortgaging hits seven-year high in April](/img/default/it.png)
Remortgage lending leapt 48% by value in the year to April to hit £6.4 billion, the largest sum recorded since November...
26 May 2016
From: Breaking News
![Today is UK Mortgage Freedom Day](/img/default/it.png)
April 19 is UK Mortgage Freedom Day, the date when the average new borrower will have earned enough to pay off...
19 April 2016
From: Breaking News
![Britons unprepared for rising mortgage rates](/img/default/it.png)
Britons are unprepared for rising mortgage rates even though nearly three-quarters would see their monthly repayments rise if the base rate...
14 January 2016
From: Breaking News
![Treasury lines up new buy-to-let crackdown](/img/default/it.png)
The Treasury has launched a consultation on giving the Bank of England more powers to control buy-to-let and could introduce new lending...
18 December 2015
From: Breaking News
![Borrowers urged to fix before UK rates rise](/img/default/it.png)
Mortgage brokers are urging borrowers to fix their mortgage repayments in the wake of the US Federal Reserve decision to increase...
18 December 2015
From: Breaking News
![Cost of owning a home: £15,000 a year](/img/default/it.png)
The annual cost of home ownership is now £15,300 and is expected to rise sharply in future, according to new research...
16 October 2015
From: Breaking News
![Property more affordable than in 1997](/img/default/it.png)
Talk of an affordability crisis appears overblown as homes are now more affordable than in 1997, new research suggests. A combination of falling...