Cost of Living

Cost of Living

Cost of living crisis eases and mortgage lending grows

Mortgage lending in Q3 grew steadily for the second successive quarter ...

Debt Consolidation Range from lender targets older borrowers

LiveMore, the mortgage lender for people aged 50 to 90 plus, has launched a new up to 100% standalone debt consolidation range.   The new product fulfils an identified customer need during the current cost of living crisis to both ...

What Salary is Needed to Buy A Flat or House?

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

Kensington reduces rates and fees on selected products

Kensington Mortgages has lowered rates and reduced arrangement fees across selected 90 and 95 per cent Loan To Value products. ...

IMLA accuses Hunt of “sop” in Budget that does nothing for rental sector

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

Debt Crisis – a third of people struggling to meet repayments

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

Opportunity for Brokers as first timers rely on family and friends

First time buyers aged 18 to 34 are primarily relying on advice from family and friends rather than a broker for support on the homebuying process, according to Coventry for Intermediaries.  ...

Cost of living crisis triggers wildly diverse Mortgage product demand

New data from Legal & General - based on searches to its Ignite platform - suggests a diverse mortgage market during the current cost of living crisis. ...

Warning: Mortgage growth to hit 10-year low amid economic headwinds

The EY Item Club is warning that the UK is set to experience the slowest two-year mortgage growth in a decade. ...

Lender gives dire warning about UK house price future

The UK's largest mortgage lender expects house prices to fall this year and next before rising in 2025. ...

Bank of England Fears Grow Over Huge Longer-Term Mortgages

A Bank of England report has expressed concern at the number of homeowners - especially young first time buyers - taking on 35-year mortgages. ...

Bad Timing? New product for landlords committing to EPC improvements

Molo Finance - which says it’s “the UK’s first fully digital mortgage lender” - has joined with a PropTech startup to help landlords making energy efficiency improvements. ...

High Mortgage Rates are bad for your health (literally)

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

One More Rate Rise? Or Is This It For Now?

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

Brokers angry at lenders’ “brutal” buy to let arrangement fees

Brokers are up in arms about alleged profiteering by buy to let mortgage lenders’ arrangement fees. ...

Barclays slashes mortgage rates across 22 products

Barclays has cut mortgage rates across 22 products and by...

Buyers urged to be ready to strike as prices begin to fall

Buyers are being urged to act as falling house prices...

Rightmove says house prices rise again  but north-south divide continues

Rightmove says affordability is widening the north-south property price divide...
Latest Features

Affordability still a worry as house prices rise

House prices edged higher in June, but affordability continues to...

Fall-through costs increase £21m in a quarter

Property fall-throughs rose in Q1 2026, pushing the estimated cost...

30-year high for young adults living at home

Nearly three in ten young adults still live with their...