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...

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...

The majority of buyers and sellers in the prime housing market will not be deterred by the upcoming General Election, claims...

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

A property software business says its research shows that the housing market revival is driven by the premiums levied on new...

A 2,000-person survey has revealed the diverse financial routes that first time buyers take to get on the property ladder. The survey...

Yorkshire Building Society new fee-free offer will enable first-time buyers across England, Scotland or Wales with a £5,000 deposit to purchase...

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...

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

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...

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

The chief executive of a specialist business bank has paid tribute to the ‘amazing work’ carried out by its broker network. Gary...

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....

Downsizers across England and Wales could unlock an average £305,090 by moving from a four bed to a two bed home,...

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

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

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

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

Unbiased, a platform for connecting with prospective clients, has slashed charges it imposes on mortgage advisers for a second consecutive month. Unbiased...

FinTech supplier Mortgage Brain has partnered with HSBC UK to host a free online masterclass on self-employed lending.  Taking place on February...

A Knight Frank survey of 50 house builders shows a staggering 70 per cent support for Labour to win the next...

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...

Respected estate agency and property consultancy Savills is warning that house prices may dip in 2024. In the run-up to Christmas it...

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

Leading agency Knight Frank says demand for new homes is generally robust, dependent upon the location and pricing.  It says its regional...

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

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

A record number of sellers came to market on Boxing Day 2023 according to Rightmove. The 26 per cent increase in new...

Falling swap rates - already falling over the past month - have dropped further following better-than-expected inflation news, triggering speculation over...

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...

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...

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

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

London accounts for the highest proportion of homebuyers using family inheritance to fund property purchases, according to compliance platform Thirdfort.  Some 18...

A growing appetite amongst buyers for family homes is helping to drive London’s high value prime market, an agency claims.  Benham and...

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

Knight Frank says a reduction in mortgage costs as early as February - or perhaps more likely in Q2 next year...

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

The average five-year fixed mortgage rate is now 5.21%, down from 5.62% a year ago The average two-year fixed mortgage rate is...

The research chief at lettings agency Hamptons says it’s likely that landlords have been hit harder by high interest rates than...

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...

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

End-to-end mortgage service Smartr365 has beefed up its platform to improve the experience of brokers sourcing protection packages for clients. These developments...

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...

HLPartnership - which describes itself as the country’s biggest privately-owned mortgage network - has revealed upgrades to its technology platform which...

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

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

A host of lenders have announced cuts to their rates in recent days, with Halifax arguably the most significant. It’s launched three-year...

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

Two prominent UK house builders have warned of sharply reduced volumes in the next year or so as buyers struggle to...

A depressing 64 per cent of people have taken out a mortgage or personal loan without fully understanding how it works,...

The number of three-year fixed mortgage products available from lenders has been rising over the last few months as borrowers coming...

Pressure on mortgage holders is leaving Briton struggling to cope with their mental and physical health according to a wellbeing service...

Brokers are warning that dramatic council ‘effective bankruptcies’ will increase local residents’ tax bills and so hurt mortgage affordability. This follows the...

First Direct has crunched market data to give an insight into FTB activity over the summer just gone. There are three...

A body called the Landlord Leaders Community is pledging “to drive positive change for a sustainable and thriving private rented sector.” Set...

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

UK Finance’s latest Household Finance Review - for the second quarter of this year - lifts the lid on mortgages. The headlines...

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...

The Howden Group, which acquired leading UK mortgage broker SPF Private Clients last year, is expanding further into the mortgage market...

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

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

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?...

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

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

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

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

After the latest rise in Bank of England Base Rate, mortgage lenders are offering new products to help those struggling to...

LMS’ Monthly Remortgage Snapshot for April  showed £300 increases for remortgagers last month. Key findings: £300 average monthly payment increase for those who...

There’s a growing optimism about the outlook for the mortgage market, according to the latest Mortgage Market Tracker report from the...

New seller asking prices rise by just 0.2% (+£890) this month to £366,247, which is notably lower than the average increase...

It’s turning into a buyers’ market as sellers are accepting on average £14,000 or 4% less than their asking price, according...

Autumn 2023 will see the return of the Homebuyer Show Scotland in Glasgow, a dedicated show for Scottish homebuyers looking to...

Accord Mortgages is making further changes to its buy-to-let and residential rates. For the second time in as many weeks, buy to...

Research from eXp UK, the network of personal estate agents, has revealed that in 22 UK cities, house prices are continuing to...

Mortgage interest rates increased by 2.56% in 2022, with a sharp increase from 1.51% in January to a record 4.07% on...

Gifts and loans from the Bank of Mum & Dad (BOMAD) totalled £8.8 billion in 2022, according to the latest analysis...

Saffron Building Society has announced a full product refresh across its mortgage portfolio, focused on helping borrowers in need of larger...

Newcastle Building Society has reported record lendings for 2022 of £586 million. Significant support was provided to Members, clients, and colleagues during...

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...

With many borrowers under the cosh because of the cost of living crisis, lenders are offering brokers a chance to learn...

The Monetary Policy Committee of the Bank of England meets on Thursday with the market expecting them to announce 0.5% raise...

Homebuyer confidence is higher than was expected at the end of 2022, according to a leading mortgage broker. Richard Campo, founder of...

As of last Thursday, members of Legal & General Mortgage Club can now access two Skipton Building Society products on a...

Staying close to a mortgage broker will be an important part of timing a house purchase correctly in 2023. Mortgage rates will...

Capricorn Financial Consultancy has released its market expectations for 2023, predicting that the UK mortgage market will have to acclimatise to...

A possible surge in defaults due to economic headwinds should result in lenders reviewing their loan books and underlying security, according...