Archive

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

The number of interest-only (750,000) and part-interest-only (245,000) mortgages has halved since 2015, new Financial Conduct Authority analysis has found.  The fall...

Finance tech company Twenty7tec has produced mortgage market statistics for July 2023 - and it’s not all bad news… July was the...

High profile specialist lender Shawbrook has unveiled two new mortgage products for its Buy to Let, Commercial and Semi-Commercial ranges.  The offerings...

Plans to ban cold calls for financial products are the subject of a consultation marking the next step in delivering the...

The Co-operative Bank has bagged the entire Sainsbury’s Bank mortgage portfolio of some 3,500 customers with balances of £479m.  Sainsbury’s customers are...

A new analysis suggests that mortgage approval levels will decline by 11 per cent annually come the end of 2023. Octane Capital...

Bluestone Mortgages is quitting the buy to let sector and says it will focus entirely on the owner-occupied mortgage market. It has...

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

Proptech company OneDome’s mortgage advisory firm CMME is launching a new scheme exclusively designed for self-employed mortgage advisers. The brand wants to...

A financial service trading statement by a major player this week highlights the issues facing the industry. LSL is one of the...

A new analysis shows that the UK's mortgage brokerage market is projected to grow this year despite ongoing economic insecurity. Octane Capital...

Beverley Building Society has entered the buy to let market with two new products. Its variable rate BTL for UK customers is...

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?...

A new survey of 2,000 UK adults has revealed that 50 per cent of those who have applied for a mortgage...

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

From this week the banking and finance industry’s Reach Out campaign will be seen across out-of-home advertising, radio, print and digital,...

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

New figures relating to the government’s mortgage guarantee scheme shows significant numbers of people taking out high loan to value mortgage...

A new survey of 2,000 UK adults has revealed that 66 per cent of mortgage holders believe greater flexibility is needed...

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

Property portal and end-to-end transaction service OneDome says it wants to acquire more mortgage brokers as it reveals its HomeBuyer service...

Metro Bank has undertaken what it calls “a major transformation of its mortgage origination platform” to streamline the process for both...

After the interest rate volatility, impact on product availability and consequent pressure on advisers, the Intermediary Mortgage Lenders Association and Association...

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...

Lenders have reported the UK's biggest increase in mortgage defaults since 2009 - and they expect worse to come this autumn. The...

Saffron for Intermediaries has launched a campaign to help and support broker partners get more self-employed mortgage applications approved first time...

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

Research published by the Home Builders Federation shows that the new homes owners will save an average of £135 on monthly...

LendInvest has announced a £500m investment to contribute towards the cost of new Buy To Let and Residential Mortgage products. This new...

Legal & General has launch a refreshed version of its mortgage research and sourcing platform, Legal & General Ignite. The upgraded platform...

The OneDome Group, which for 20 years has operated its CMME Mortgages service, is launching a new consumer campaign in the...

We’re now under four weeks away from the start of the Financial Conduct Authority’s Consumer Duty regime. This introduces a new Consumer...

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...

Companies representing some 85 per cent of all mortgage lending have signed up to a new charter.  The lenders claims they have...

Pepper Advantage, a global credit intelligence company with over $60 billion in assets under management, has published a gloomy report on...

Fleet Mortgages is offering landlord borrowers £1,000 cashback if they improve the Energy Performance Certificate of the property to a C...

The Mortgage Brain platform is staging a 10-stop roadshow this autumn with the mission to, in its words, “educate and empower...

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...

Property portal OnTheMarket - the third major portal, behind clear market leaders Rightmove and Zoopla - has launched OnTheMarket Money, a...

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

New research from bridging specialist and buy to let lender Mercantile Trust reveals an apparent lack of awareness among brokers and...

National brokerage Just Mortgages is encouraging brokers to go into their local communities to win business. Rather than ‘waiting for it to...

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

Support appears to be growing for a campaign to improve lender communication and increase the notice given about withdrawn mortgage products.  Brokers...

Nationwide Building Society has returned to lending at 95 per cent loan to value on non-new build flats. The society reduced its...

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...

A new analysis by Moneyfactscompare - perhaps still better known by its old name, Moneyfacts - shows precisely how many mortgage...

Nationwide Building Society has launched a new Home Energy Efficiency Tool to coincide with the debut of new green loan products. 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...

Accord is once again cuts rates across its residential mortgage range by between 0.15% and 0.25%, at a time when market...

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

The latest market analysis by bridging finance specialists, Apex Bridging, has shown that £4.94bn was lent via bridging loan completions in...

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

SHW has announced that it has promoted two of its Directors to Partner level, taking its Partner total to 25. Gemma Quinn...

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

Despite the recent economic turbulence, the bridging market has seen more requests for fast, short-term finance. This type of finance provides certainty...

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

Foundation Home Loans, the intermediary-only specialist lender, has today announced the launch of two new Limited Edition buy-to-let products in its...

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...

The latest market analysis by specialist property lending experts, Octane Capital, reveals that recent uncertainty in the property market during the...

MPowered Mortgages, the fintech mortgage lender using AI to speed up and simplify the mortgage journey for homebuyers and re-mortgagers, has...

Tandem Bank today launched its residential purchase proposition. The move comes earlier than expected, following the market’s positive reaction to how it...

People aged 18-24 are more than twice as likely to choose a tracker mortgage than any other age group Those 55 or...

The Bank of England last week hiked interest rates by 0.5 percentage points - pushing the benchmark rate to 4% up...

Mortgage holders swallowed another bitter pill last week when the Bank of England raised interest rates for the tenth consecutive time. The...

Advisers looking to place business with Leek Building Society via Legal & General Mortgage Club will now benefit from access to...

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...

The latest sentiment survey by Knight Frank saw the demand for electric vehicle charging points continue, and 35% of respondents rating...

Accord Mortgages has made changes to its buy-to-let range to offer lower rates to brokers and their clients. The intermediary-only lender is...

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

The Mortgage Lender has announced rate cuts across its entire residential range, including purchasing and re-mortgaging products. The specialist lender’s rate reductions...

National brokerage Just Mortgages has kicked off the new year with the appointment of five new regional directors to support its...

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...

Technology firm, OneDome, has bought CMME Mortgage and Protection for an undisclosed sum. Describing itself as the world’s first eHomebuying platform, OneDome...

Homeowners and would-be buyers probably felt the post-pandemic property boom in the UK would go forever. But it slowed dramatically in the...

Newcastle Intermediaries has launched a range of highly competitive 60% and 80% two-year fixed rate mortgage products for borrowers looking for...

THE increase in growth announced is a “very welcome” tonic for the housing sector, according to a leading property association. The National...

There has been a a sharp increase in the number of property fall-throughs, according to House Buyer Bureau. Their latest industry index...

Benham and Reeves claim that London’s most up and coming neighbourhoods have seen price increases up to 64.5%. House price increases of up...

Estate and lettings agent, Barrows and Forrester, revealed that tenant demand has started to depreciate across the rental market. The new research is based...

According to property purchasing specialist, House Buyer Bureau, there has been a flurry of homeowners rushing to list their properties for...

A new mortgage market analysis by Octane Capital claims that the number of mortgage products available have dropped 41%, compared to...