Archive

Higher mortgage rates are a drag on house price growth says Zoopla - and it’s produced startling figures to prove it. The...

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

UK residents need an average salary of close to £54,000 to purchase a property, according to new research.  The study shows that...

A new report reveals the latest trends  in UK lending and borrowing, compiled by lending software company Lenvi. The most notable trends include...

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

Mortgage lender Halifax is imposing a new 70-year age limit on the terms of its home loans for some borrowers. This has...

Fewer people are concerned about paying their mortgage and fewer believe mortgage affordability is a barrier to home buying.  That’s the verdict...

The ‘average’ 25 year mortgage term is increasingly becoming a thing of the past says USwitch. A recent study of the data...

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

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

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

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

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

The Suffolk Building Society has launched new mortgage products aimed at private landlords who are planning refurbishments, such as a new...

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

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

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

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...

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

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

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

The equity release market has seen growth for the first time in 12 months with quarterly increases in both new customers...

Searches for interest-only mortgages rose a hefty 51 per cent in the past month as buyers seek to improve affordability. Research data...

UK mortgage holders are repaying record amounts of mortgage debt, according to the  Equity Release Council. But the ERC claims high levels...

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...

New data from Experian reveals that one in four mortgages lent to those under 30 now have a term of 35...

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

Data from mortgage research and sourcing platform Legal & General Ignite reveals a significant spike in searches for Interest Only products...

Equifax data has found that 41 per cent of live mortgages in the UK are held by customers who will be...

UK mortgage customers are turning to fixed rates and lump-sum payments as interest rates rise, according to new research by Butterfield...

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...

New Freedom of Information data from the FCA - gathered by Quilter, the wealth manager and financial adviser - reveals that...

Legal & General’s new Ignite platform has seen a rise of 53 per cent in one month for broker searches for...

The Bank of England’s latest stress test of the financial system suggests that UK's eight largest lenders could survive a worst...

Mortgage approvals rose by just over three per cent from 49,000 in April to 50,500 in May according to new Bank...

Nationwide says the sharp rise in the costs of mortgages is causing a "significant drag" on the housing market - but...

Companies representing some 85 per cent of all mortgage lending have signed up to a new charter.  The lenders claims they have...

Pepper Advantage, a global credit intelligence company with over $60 billion in assets under management, has published a gloomy report on...

Trade body UK Finance has issued a timely reminder to the mortgage lending sector of its obligations to borrowers struggling following...

A leading analyst is warning that a remortgage nightmare lies await in the second half of 2023. Sarah Coles of business consultancy...

People aged 18-24 are more than twice as likely to choose a tracker mortgage than any other age group Those 55 or...

Mortgage holders swallowed another bitter pill last week when the Bank of England raised interest rates for the tenth consecutive time. The...

Advisers looking to place business with Leek Building Society via Legal & General Mortgage Club will now benefit from access to...

Newcastle Intermediaries has launched a range of highly competitive 60% and 80% two-year fixed rate mortgage products for borrowers looking for...

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...

Mortgage rates in the UK have risen significantly during 2022, which appears to have proven an issue for homeowners hoping to switch...

New findings by Revolution Brokers suggest that despite the increasing cost of borrowing, buying is less expensive than renting.  The analysis was conducted by...

New research by Revolution Brokers show that the average monthly cost of a variable rate mortgage has climbed by 13.3% so far...

New research by specialist property lending experts, Octane Capital, shows that monthly mortgage payments could increase by £300 each month.  Homebuyers coming to...

Not the best news for the property sector, as the latest research by Revolution Brokers, shows that the monthly cost of...

As governmental changes sweep through the nation, countless elements within the property sector have been affected, including mortgages. Market analysis by specialist...

New findings by Revolution Brokers reveal exactly how much more money homeowners and buyers can expect to pay for their mortgage...

According to a leading property firm, the latest announcement that a specialist lender has been given a license to off 50-year...

If you’ve ever been to the capital, then you’ll know that there are plenty of high-end homes, some for sale or...

Equity release allows the older generation to release some of the money from the value of their home through a series...

As interest and mortgage rates rise, mortgage providers are becoming stricter when it comes to who they will and will not...

The proportion of disposable household income required to cover average mortgage repayments is 27.6% so far in 2022 – the highest...

New research by estate and lettings agent, Barrows and Forrester, uncovered the interest rates that homebuyers with a 50-year mortgage are...

This week’s mortgage roundup involves a month of firsts and milestones, with Proportunity and BuildLoan launching UK-first products for buyers. Meanwhile,...

A recent change in mortgage rules that required lenders to check whether homeowners could afford repayments at higher interest rates has...

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...

Often, we are sold the dream of settling down with a partner and purchasing our dream house together – but, what...

Stipendum, the platform that aims to simplify life’s complex events, has released a number of top tips to help the nation’s...

As a direct result of the rising cost of living, over half (57%) of Brits are already struggling financially, or expect...

Some 3.2 million adults in the UK have missed some form of major payment over the last two years as the...

This week’s mortgage roundup showcases the benevolence of the mortgage sector, with The Cambridge relaunching its products for expats, while Newcastle...

The housing industry, like many other sectors, experienced a tumultuous 2021 as the pandemic continued to trigger exponential house price rises....

This week’s mortgage roundup is all about simplifying the homebuying journey, with a new partnership formed to streamline the buying process and...

With the interest rate rising from 0.25% to 0.5%, Brian Murphy, head of lending at Mortgage Advice Bureau, shares his top tips homeowners...

Scott Clay at Together - the specialist lender - has shared a few tips for couples considering buying their first home...

This week, Introducer Today takes a look at the latest mortgage news, from Aldermore’s expansion to support more brokers, to Roma...

The latest Nationwide house price index, released yesterday morning, reveals that January has seen the strongest start to the year since...

In the first mortgage roundup of 2022, Introducer Today takes a look at the latest mortgage news, from Landay’s bolstered Green...

With the Bank of England raising interest rates for the first time in more than three years, Brian Murphy, head of lending...

Recent research from leading later life lender more2life has found that 80% of equity release advisers are confident that the market...

Nisha Vaidya, mortgage expert at Uswitch, explains how homeowners can use low-interest rates to their advantage and help make their mortgage more...

Most people are willing to pay a ‘certainty premium’ of £1,200 per year for a long-term guarantee of fixed mortgage repayments,...

The mortgage roundup column returns to bring you the latest news on mortgage products coming to the market, featuring Furness Building...

Data from Legal & General Mortgage Club’s SmartrCriteria tool found that searches for furlough friendly mortgage criteria continued to fall month...

Research by an estate agent comparison site has found that the cost of homeownership has climbed by a great margin. GetAgent looked...

West One Loans’ buy-to-let (BTL) division has released new products to meet increased demand in the market. The raft of new product...

Roma Finance completed a record month in May, reporting a 50% increase in pipeline business on top of the 100% increase...

Pure Retirement has announced the launch of its new flexible pricing methodology on the Classic lifetime mortgage product range. The new initiative...

Mortgage borrowing in the UK has now reached its highest level since 1993, with home buyers looking to make the most...

Existing and aspiring homeowners admit it takes a ‘radical change in circumstances’ before they’d consider purchasing a financial protection product, according...

Vernon Building Society has announced a new competitively priced mortgage, available up to 90% of the property’s value. The mortgage is designed...

Some 26% of homeowners, or those buying a property, have missed a mortgage payment due to falling ill or having an...

Savings made during lockdown have allowed some borrowers to reduce their debt commitments, with a record £17.6 billion of mortgages repaid...

Dudley Building Society has undergone a number of changes, including a logo transformation and launching some new and re-emerging products for...

Equity Release Supermarket (ERS) has reported the behavioural shifts and factors still influencing customers due to the ongoing effects of the...

more2life has become the sixth lender to join MCI mortgage club’s later life lending panel. The addition means more2life will give the...

Newcastle Intermediaries has launched a range of 85% loan-to-value (LTV) mortgages with rates as low as 2.85%, including no product fees...

Pure Retirement has launched a new customer-facing brochure to keep its account holders informed about plan features and the processes involved...

Dudley Building Society has announced changes to its maximum loan-to-value (LTV) options and a new product discount. The society has increased maximum...

Pure Retirement has decided to expand its ‘Classic Lifetime Mortgage’ range to a wider selection of the equity release market. The latest...

The MCI Mortgage Club has added LiveMore Capital to its panel, expanding its range of products to include retirement interest-only (RIO)...

Foundation Home Loans has added five products to its residential range to provide further options for first-time buyers (FTBs) and home...

The ability to make interest payments and capital repayments are becoming increasingly important for equity release customers as products develop, according...

Hodge has announced the extension of its Early Repayment Promise (ERP) feature across all of its residential mortgage products. The move follows...