Archive

Rightmove says the average first-time buyer mortgage payment is nearly £150 lower than the mortgage rate peak in July 2023.   Rightmove’s weekly...

Extra help for first-time home buyers is on the way as Lloyds Banking Group increases the amount prospective homeowners can borrow,...

Nationwide says UK house prices fell by 0.2% month on month in August, after taking account of seasonal effects, but the...

Zoopla’s latest House Price index shows a housing market steadily recovering from the impacts of higher mortgage rates with prices rising...

Hamptons analysis of Countrywide estate agency data shows that in the first half of 2024, Londoners purchased 33,130 homes outside the...

New data from Santander shows that parents wanting children to attend one of the top 500 state primary schools outside of...

Older home owners taking equity release from their properties are, on average, £12,400 worse off today than they were last year,...

Bridging loan books continued to grow to record levels in the second quarter of 2024, reaching nearly £8.4 billion, according to...

There’s no question that fixed rate mortgages are the product of choice among the majority of borrowers. It’s not just the...

Mojo Mortgages’ data has revealed that extending a mortgage from 25 to 35 years can cost the average first-time buyer an...

Marsden Building Society has announced several changes to its expat mortgage criteria, including accepting British Nationals Overseas Persons (BNOPs) and foreign...

Portfolio landlords seeking a new mortgage or remortgage are being warned of growing personal guarantee risks. Purbeck Insurance Services claims personal guarantee...

The positive impact of this month’s Bank of England base rate cut, combined with other encouraging market data, has led Rightmove...

Legal & General’s Suburban Build-to-Rent platform - known as LGSBTR - is working with the Vistry Group on a £40m deal...

A new study by David Wilson Homes reveals over half of Britons are unfamiliar with the stamp duty fee – and...

Digital property pack provider Moverly has analysed the average time it takes to sell a home in 12 countries - and...

Gifts and loans from the Bank of Mum & Dad totalled £9.4 billion in 2023, according to the latest analysis from...

April Mortgages has rolled out its range of longer-term fixed rate mortgages to all brokers at SPF Private Clients.   SPF Private Clients...

The average shelf-life of a mortgage product has dropped to just 17 days, down from 30 days a month, according to...

April Mortgages has improved its capital raising criteria, to make it easier for borrowers looking to raise additional capital for gifting...

It will take no less than 18 years for all private rental properties to achieve an EPC rating of C or...

A monitor of the bridging sector suggests business is growing - mostly because of delays in the mainstream property conveyancing sector,...

Mortgage and protection brokerage Access Financial Services has reported what it calls “exceptional growth” with turnover up 46% between April 2023...

The latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association reveals that intermediary confidence has now recovered to its...

April Mortgages, the lender seeking to introduce Dutch-style longer-term products, has reduced the interest rates on its range of five to...

The nation is more open-minded than we might think about who to pair up with for joint credit applications, according to...

Both mortgage and landlord possessions actions have continued to rise in the current quarter. Mortgage claims have reached their highest volume...

A poll of surveyors shows strong support for the idea of pre-sale surveys. When asked whether the new Government should introduce mandatory...

The Financial Conduct Authority has secured an order of £4m against an unauthorised mortgage broker and its associates who exploited vulnerable...

Monmouthshire Building Society has relaunched its General Client Account, with an enhanced product designed to provide a secure and efficient solution...

Home buyers, movers, and existing owners making energy-saving improvements to their properties can now get up to £2,000 cashback from a...

New data from Legal & General’s Ignite platform shows a significant increase in over-50s seeking remortgages with terms taking them close...

More than half of mortgage intermediary firms are expanding, reflecting growing optimism amongst brokers, Paragon Bank research reveals.   The summer edition of...

Zephyr Homeloans, the specialist buy to let mortgage provider, has launched a two-year, fixed, 80% mortgage product across its standard, HMO...

UK house prices increased by 0.3% month on month in July, after taking account of seasonal effects.  This resulted in a slight...

Speculation continues to mount about the likely decision by the Bank of England’s monetary policy committee when it debates base rate...

The number of people moving home increased by 10% in the first half of 2024, according to the latest Lloyds Bank...

Rightmove has broadly welcomed the raft of proposals put forward by the new Labour government to help first time buyers, but...

Mortgage approvals on house purchases for June were 59,976 according to the Bank of England - down marginally (0.3%) from 60,134...

A leading financial analyst says some 1.5m homeowners will need to remortgage throughout 2024 - and it’s going to hurt for...

Examples set by the big High Street brands could push more lenders into offering sub-4% rates, predicts independent mortgage monitor Moneyfacts. The...

Lloyds Bank says it expects mortgage rates to remain broadly stable for the short term after the volatility of the past...

Ground-breaking mortgage lender April Mortgages has formed a new strategic partnership with Tembo Money.   Tembo Money is a mortgage and savings platform...

A large majority of consumers report no improvement in how financial providers treat them following the implementation of the FCA’s Consumer...

The lenders’ trade body, UK Finance, has published a report examining why some landlords are falling into mortgage arrears and why...

Landbay has announced a raft of rate reductions across its buy to let product range, with rates falling by as much...

A new lettings market index has been launched by the Skipton Group, parent company of Connells, the country’s largest lettings and...

NatWest has announced it will introduce new Airbnb-friendly mortgage terms that embrace home sharing via short lets. And now Airbnb wants...

New research suggests that last year cash buyers accounted for the highest percentage of market activity seen in the last decade...

The average age of landlords acquiring new rental property with a buy to let mortgage has fallen over the past decade,...

Half of all UK homes have increased in value in the first half of 2024 by 1% or more, says Zoopla. This...

Growing mortgage product choice shows growing confidence in aspects of the housing market, even before anticipated rate cuts. That’s the view of ...

UK lender Standard Life Home Finance has announced a new EPC scheme to encourage consumers to make their homes more sustainable.   Upon...

More rate cuts are being announced by lenders all the time as they vie for business and anticipate the Bank of...

Lettings agency giant Connells says the private rental sector performed strongly in the second quarter of 2024 despite worries over future...

The latest residential sentiment survey from the Royal Institution of Chartered Surveyors suggests a currently-subdued housing market but with a more...

Virgin Money has launched The Retrofit Boost, a new mortgage product designed to help home owners improve their property’s energy efficiency. The...

Prime London demand climbed in Q2, reversing downward trend seen so far this year The latest Prime London Demand Index by lettings...

Estate agents’ body Propertymark has issued a report called ‘A Dickensian Legal Process’ exploring why it takes long and longer to...

The average five-year fixed mortgage rate is now 4.97%, down from 5.91 % a year ago; and the average two-year fixed...

One of the Bank of England monetary policy committee members has advised against a cut in base rate on August 1. Jonathan...

The availability of deals at 95% loan-to-value has risen to its highest point in over two years.  Overall, it was the fifth...

Atom, a UK app-based bank, has been accredited as a lender by the British Business Bank under the new Growth Guarantee...

More than a quarter of people are in the dark about interest rates and how much they pay, a new survey...

Almost a quarter of prospective homebuyers plan to make their homes more energy efficient in the hope of securing more favourable...

The Nationwide has calculated that house buyers with mortgages are now pay far above the long term average. The lender, in its...

Mortgage approvals for house purchases fell slightly from 60,800 in April to 60,000 in May, says the Bank of England. Approvals for...

The Nationwide regional house price indices are produced quarterly, with data for Q2 (the three months up to and incluingJune) showing...

The Conservatives are set to lose nearly half of homeowner votes this week, latest polling from national estate agency Jackson-Stops reveals....

Fewer than half (46%) of potential first-time buyers believe this week’s General Election will improve their buying prospects, despite manifesto pledges. Labour...

Some 3m UK households are to be hit with further increases in mortgage repayments over the next two years, the Bank...

New research from the Intermediary Mortgage Landers Association suggests that the cumulative shortfall in first-time buyer numbers since the financial crisis...

A huge survey involving analysis of over 14,000 properties suggests an urgent need for the next government to help private rental...

Mortgage-backed housing sales volumes over the last three months are still some 49% below this time last year. A new analysis by...

Data from UK Finance suggests that interest-only mortgage holders are showing no obvious signs of distress despite interest rates remaining high.  There...

HSBC has made extensive cuts to rates levied on a vast range of residential and buy to let mortgages, coming into...

 A new first-time buyer study from Rightmove reveals that the average first-time buyer mortgage payment has risen by 61% since the...

Aldermore has expanded its mortgage range to appeal to self-employed contractors operating via a limited company or sole trader, enabling them...

Buyers and sellers had to process a series of different numbers starting with five last week. The crucial number was 5.7%. That...

The significant majority of mortgaged residential properties currently below Energy Performance Certificate band C could achieve band C or above by...

The West Brom - the UK’s seventh largest building society - is now offering a range of fixed rate mortgages to...

Total mortgage lending sat at just £50.5 billion during the first quarter of 2024, the lowest level seen since interest rates...

Interest rates for borrowers have been volatile over the past six months, despite no change to the Bank of England base...

The Bank of England has been sharply criticised for an “attack on homeowners” due to its refusal to cut rates. The Monetary...

Overall, the total value of the UK housing market contracted by 21% in the year to March 2024, on the back...

Rightmove reports that the average price of property coming to the market for sale drops by £21 this month to £375,110...

Mortgage experts have criticised the Reform UK housing and tax policies as being superficially appealing but risking a return to the...

A number of major mortgage lenders have announced rate increases just as the election campaign enters its second half. Barclays has increased...

Homebuyers are being gazumped due to lengthy property chains and delays in getting a mortgage, new research from Market Financial Solutions...

Moneyfacts has analysed the movements in mortgage rates since the Conservatives came to office in 2010. Average two-year fixed mortgage rates fluctuated...

Buckinghamshire Building Society has launched a new non-standard credit buy to let mortgage, following what it calls “significant broker demand.”   The BTL...

oneyfacts data reveals the average shelf-life of a mortgage has dropped to 15 days, down from 28 days a month prior. Month-on-month...

Jersey's mortgage rates have been consistently higher than those in the UK, sparking concern among consumers and prompting our investigation, according...

After a brief absence for what it calls “operational reasons” the Suffolk Building Society has returned to the 95% market with...

New figures from UK Finance show a drop off in later life mortgage lending in recent months. There were 28,840 new loans...

The European Central Bank has cut its key deposit rate to 3.75% - so moving faster than the Bank of England...

Rightmove says there should be a review of mortgage affordability criteria undertaken by the next government. The portal’s mortgages expert Matt Smith...

The proposed merger between mortgage and financial service providers Nationwide and Virgin Money is to be investigated by the UK's competition...

Official Bank of England figures shows that net mortgage approvals for house purchases totalled 61,100 in April, little changed from 61,300...

Applications from first time buyers have grown by 33% so far this year with FTBs now making up a higher proportion...