Archive

The number of new sellers coming to the market is up by 12% compared to this time a year ago, and...

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

UK house prices grew in March on a quarterly basis, by 2.0%, with annual growth slowing to 0.3%, from 1.6% in...

Shared ownership has failed to deliver an affordable route to home ownership for too many and for too long, says a...

There’s been a huge rise in the number of buy to let property repossessions in the first quarter of 2024 compared...

Mortgage approvals jumped 7.7% in February to 60,383, and were 40% higher than they were a year ago, new figures from...

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

New research shows that sellers in Wales are likely to be hit hardest by a down valuation, with the average home...

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

Some of the biggest names in the trade, lending and advisory sectors have produced a report outlining the vast significance that...

The beleaguered construction sector - a good early indicator of later sales activity - has seen a welcome boost in some...

Since the start of September 2023, the average two-year fixed rate has fallen from 6.70% to 5.76% and the average five-year...

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

The latest housing market snapshot from the Royal Institution of Chartered Surveyors shows the number of buyers has risen for the...

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

A new study has revealed the best and worst UK regions for first-time buyers based on house affordability and earning potential.  The...

Last week Halifax - previously an outlier amongst major lenders - announced it was raising rates, following the likes of Santander,...

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

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

Remortgagers, not buyers, are fuelling the increase in mortgage industry activity. That’s the view of Octane Capital following an analysis of Bank...

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...

NatWest has made changes to its product ranges for both new business and existing customers. New borrowers can expect a rate increase...

With the quick-fire mortgage rate cuts which characterised the past month now slipping into the rear-view mirror, the latest changes from...

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

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

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

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

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...

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

Banks are reporting that default rates increased in the final quarter of 2023, albeit more slowly than the quarter before -...

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

The average price of property coming onto the market for sale rises by 1.3 per cent (equivalent to £4,571 for an...

The UK’s residential mortgage market has started 2024 with the biggest choice of products for prospective borrowers in over 15 years. A...

A regular financial resilience barometer from a leading consultancy shows that the debt position of the lowest fifth of earners has...

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

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

The government has launched a consultation setting out plans to improve the transparency of land trust information. Land ownership through a trust...

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

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

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

Some 20 per cent of first time buyers are snapping up mortgages of 35 years or more according to UK Finance. In...

Cases of buy-to-let arrears have doubled in a single year, according to a new analysis. The research, from Octane Capital, analysed quarterly...

Homeowners are increasingly researching into mortgage repossessions online, signalling that many are worried about falling behind on their payments. The research by...

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

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

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

Online Mortgage Advisor has conducted a research by looking at how much property prices have outgrown local wages during the past...

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

Moneyfacts is reporting that there’s what it calls a “thriving choice” of mortgage options.  Its latest UK Mortgage Trends Treasury Report shows the number...

New data from Legal & General - based on searches to its Ignite platform - suggests a diverse mortgage market during...

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

The Mortgage Lander is warning that mortgages rates will need to come down more, and faster, to really kick-start the housing...

Contributors to a quarterly specialist finance publication have reported a 15.3 per cent increase in bridging loan transactions, totalling £191m, during...

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

The first time buyer economy, comprised of lending and spending, will reach £74.1 billion by 2025, according to research by Coventry...

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

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

Global credit intelligence provider Pepper Advantage, which has a 100,000+ UK residential mortgage portfolio, says arrears in this country have seen...

Landlords need greater support from mortgage advisers in order to navigate the best course through the current economic climate. That’s according to...

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

A range informal media briefings on behalf of the UK government suggest that an extension of the current mortgage guarantee scheme...

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

Britain’s macroeconomic policy framework needs an overhaul to tackle the risk of an unsustainable ratcheting up of debt. That’s the view of...

Landlords in the UK are paying 40 per cent more mortgage interest than in August 2022, which equates to an extra...

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

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

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

A consumer platform claims almost half of Londoners’ income goes on their mortgage or rent, with a third saying they pay...

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...

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...

The jury is out as to whether there will be a rate rise this week when the Bank of England Monetary...

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

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

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...

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

A study of 7,000 people by a specialist predicts the UK specialist residential mortgage market will treble to £16 billion by...

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

The Bank of England’s monetary policy committee is warning that inflation - which is effectively determining base rate and interest rates...

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

A series of financial experts give their prediction for next week’s Bank of England monetary policy committee decision - No rise?...

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

PMS Mortgage Club, in partnership with compliance experts Bankhall, has rolled out a new support service to help mortgage and protection...

There’s general agreement amongst brokers and other finance sector professionals that the Bank of England will next week raise interest rates...

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

The latest house price index - this one from the Halifax - has triggered a huge wave of concern about the...

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

Nearly half of mortgage brokers expect the volume of buy-to-let portfolio limited company lending they write to increase in the next...

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

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...

The latest monthly criteria index from Knowledge Bank highlights the pressing financial difficulties for many in the UK - and with...

There’s almost complete unanimity amongst analysts that this week will see yet another Bank of England base rate rise - and...

The Intermediary Mortgage Lenders Association wants the government to give additional support to landlords It says the cumulative effects of regulatory and...

The Bank of England’s monetary policy committee does not meet until June 22 but that doesn’t mean there’s any let up...

Mortgage lenders and brokers have rarely had a higher profile than right now, when they are seen as key to the...

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