Borrowing

Borrowing

Landlords earning £16,500 more as rental income increase

Average gross receipts approach £90,000 as higher borrowing and management expenses add pressure on investor profits. ...

Mortgage approvals and borrowing fall in July

Both the value and volume of mortgage borrowing fell in July, down significantly from their six-month averages, according to the Bank of England’s latest Money and Credit report. ...

Biggest decline in mortgage rates since October 2024

Mortgage rates recorded their biggest monthly fall since October 2024...

More mortgage rate misery to come

Rising swap rates are pushing lenders to reprice fixed deals,...

A million homeowners face £283 monthly mortgage hike

More than a million homeowners who took out mortgages in...
Latest Features

Remortgage searches up 11% year on year

Refinancing activity strengthens annually despite a quieter summer for home...

Brokers need to widen approach for next gen landlords

Younger and more diverse investors are expected to reshape buy-to-let...

Mortgage Brain adds Gable to sourcing platform

Advisers can now research Gable’s zero-deposit range through Sourcing Brain....