Archive

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 ESTAS awards event in October has a new principal partner. It’s Landmark Information Group, which includes Landmark Estate Agency Services, Searchflow,...

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

Lloyds Banking Group, Nationwide, NatWest - along with Rightmove - have announced a strategic investment in Coadjute, a prominent PropTech business. This...

Fall throughs are costing sellers some £909m a year - and that’s even on recent muted sales figures. Home Sale Pack has...

Monthly payments on some 123,000 home loan accounts were cut in the first eight months of the government’s Mortgage Charter.   The...

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

Almost half (45%) of UK homebuyers would consider using an ethical finance provider that follows Islamic principles, finds Gatehouse Bank. Gatehouse Bank,...

UK house prices fell by 0.2% in March. Nevertheless, the annual rate of house price growth edged higher to 1.6% in...

Mortgage advisers Larry Barreto and Tassib Hussain have been sentenced for fraud offences following a prosecution brought by the Financial Conduct...

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

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...

New data from Rightmove reveals that Thursday March 28 was the biggest day for the number of new sellers coming to...

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

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

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

The Bank of England has signalled that more than one interest rate cut is likely this year - but the question...

FinTech company Mortgage Brain has struck a strategic partnership with SPF Private Clients, a whole-of-market mortgage broker. The deal caters for a...

High profile mortgage broker Paul Welch, founder of the MillionPlus Club, has signed to talent agency, Talent & Brands.  Welch has established...

Homes Under The Hammer property expert Lucy Alexander is fronting a new campaign to identify empty homes and bring them back...

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...

A think tank is urging the UK government to initiate mortgage market reforms to promote higher home ownership. The Social Market Foundation...

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...

New Mortgage Lenders and Administrators statistics for Q4 2023 paint a very worrying picture of the mortgage market. That’s the view of...

Analysis from estate agency Yopa reveals that while the London market may be the worst performing in terms of house prices, it...

A buying agency says stamp duty is one of the biggest obstacles to a healthy housing market driven. Recoco Property Search says...

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

There’s been an angry reaction to news that from today - March 18 - Halifax is changing the maximum age allowed...

The average shelf-life of a mortgage product is just 15 days, with lenders increasing fixed rates, says Moneyfacts. Average mortgage rates on...

Mortgage and protection CRM platform Smartr365 has renewed its longstanding partnership with Legal & General Mortgage Club. The agreement means members of...

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...

The Nationwide Building Society has agreed to buy Virgin Money in a £2.9 billion deal - a rare example of a...

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

Homebuyer appetites for new-build properties have dipped. Demand dropped 1.1 per cent in the last quarter according to analysis by easyMoney of...

The Intermediary Mortgage Lenders Association has given the thumbs down to the Budget of Chancellor Jeremy Hunt. The trade body was disappointed...

Rightmove says the housing market needs a more innovative mortgage initiative than the 99 per cent idea floated by the government. The...

The estate agents’ trade body has made the unexpected move of calling on banks to cut mortgage rates. Rates are typically decided...

Experts have lashed out at lenders who reprice products, sometimes with just a few hours’ notice. And many suggest that lenders are...

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....

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

A survey of 2,000 adults by lender Together sheds light on parental help for first time buyers. It shows that a fifth...

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

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...

It’s been a torrid time for rates, going back up for HSBC, Santander, TSB, Virgin Money, NatWest and many other mainstream...

The true cost of stamp duty is two thirds greater than the tax itself because it obliges buyers to spend far...

There were 29,060 new mortgages taken out by older borrowers over 55 in the last three months of 2023 - down...

A property agency has analysed the lending and housing markets to work out why so many mortgage applicants are couples. Benham and...

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

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...

Nearly four in 10 portfolio landlords, those with four or more properties, plan to increase the size of their portfolios in...

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

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

Lifetime mortgage lender Pure Retirement has continued its ongoing product development in its Heritage range. The Special 3 product will offer up...

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

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

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

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

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

It’s taken six months but LSL Property Services has announced that its acquisition of TenetLime is now complete. At the end of...

Global intelligence company Pepper Advantage, which has a portfolio of over 100,000 UK residential mortgages, says there’s been a dramatic increase...

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...

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

Almost two thirds of first time buyers mortgage completions are in joint names (with two or more people), according to the...

New research indicates that the Bank of Mum and Dad may not be as prevalent as it once was, with the...

Just under half of mortgage brokers expect to place more limited company buy-to-let business throughout the next 12 months, Paragon Bank...

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

The UK's largest building society has slashed its cheapest mortgage rate to an eight-month low and significantly under the Bank of...

London estate agency Foxtons says its latest survey shows a major uptick in the confidence of potential sellers.  While 38 per cent...

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

The number of mortgages with over 30-year terms sold to UK borrowers jumped 13 per cent in the year to end...

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...

Mortgages for Business is rebranding to Mortgage Finance Brokers, or MFB. A statement from managing director Gavin Richardson says: “It’s now a...

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....

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...

Shawbrook has become the first bank in the UK to offer limited companies the ability to remortgage using the digital conveyancing...

The Family Building Society has commissioned the London School of Economics to explore the UK’s housing. Its report - called A Road...

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

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

A high proportion of first time buyers take advantage of some form of assistance when purchasing their initial home. That’s the verdict...

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

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

The so-called Generation X - those born between 1965 and 1980 - are finding it hardest to pay off their mortgage,...

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

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

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