Bridging loan books continued to grow to record levels in the second quarter of 2024, reaching nearly £8.4 billion, according to...
Archive
Mortgage approvals for house purchases fell slightly from 60,800 in April to 60,000 in May, says the Bank of England. Approvals for...
03 July 2024
From: Breaking News
Fall throughs are costing sellers some £909m a year - and that’s even on recent muted sales figures. Home Sale Pack has...
15 April 2024
From: Breaking News
High street bank Virgin Money UK says there is light at the end of the tunnel for mortgages and the housing...
14 February 2024
From: Breaking News
The number of Londoners leaving the capital to move elsewhere in Britain dropped back sharply in 2023, following two years of...
27 December 2023
From: Breaking News
The first time buyer economy, comprised of lending and spending, will reach £74.1 billion by 2025, according to research by Coventry...
08 November 2023
From: Breaking News
There’s been an alarming set of figures in the Bank of England’s latest Money and Credit report, which relates to September. Net...
08 November 2023
From: Breaking News
UK mortgage holders are repaying record amounts of mortgage debt, according to the Equity Release Council. But the ERC claims high levels...
25 October 2023
From: Breaking News
First Direct has crunched market data to give an insight into FTB activity over the summer just gone. There are three...
13 September 2023
From: Breaking News
Mortgage approvals rose by just over three per cent from 49,000 in April to 50,500 in May according to new Bank...
04 July 2023
From: Breaking News
According to the latest research by Revolution Brokers, £251 billion worth of properties have sold across England. The mortgage sector accounts...
22 September 2022
From: Breaking News
With votes in and Liz Truss elected as the new Prime Minister, many may have the question “what now”? When it comes...
13 September 2022
From: Breaking News
After a hot season, research by property developer Stripe Property Group, has revealed that Newcastle United sits top of the Premier...
06 September 2022
From: Breaking News
This week’s roundup takes a look at the latest in the mortgage market, from L&G’s latest addition to its lender panel...
26 May 2022
From: Breaking News
Over the weekend, Nat Daniels - CEO of Angels Media, the founder of the Today sites - penned this piece in...
17 May 2022
From: Breaking News
A study from specialist property lending firm, Octane Capital, estimates that homeowners across England have accumulated over £2.547 trillion worth of equity within...
17 February 2022
From: Breaking News
Wealth management and property lending specialist Tier One Capital has secured a £6.5 million revolving credit facility from Shawbrook Bank for...
24 June 2021
From: Breaking News
Vernon Building Society has announced a new competitively priced mortgage, available up to 90% of the property’s value. The mortgage is designed...
01 April 2021
From: Breaking News
Savings made during lockdown have allowed some borrowers to reduce their debt commitments, with a record £17.6 billion of mortgages repaid...
18 March 2021
From: Breaking News
Landbay, a leading buy-to-let lender, has achieved 5,520% growth in revenue from 2016 to 2020, lending over £0.6 billion during that...
24 November 2020
From: Breaking News
Buy-to-let mortgage lender Landbay has officially closed its retail investment arm and exited the peer-to-peer lending market in favour of becoming...
12 December 2019
From: Breaking News
Specialist buy-to-let lender Landbay has agreed a £1 billion deal to bolster its mortgage lending. The funding – which is from a...
10 July 2019
From: Breaking News
Pure Retirement has announced that it is now servicing over £1 billion of loans for the first time in its history. The...
28 March 2019
From: Breaking News
Landbay has chosen Oracle NetSuite to create a more accessible buy-to-let mortgage marketplace for investors, borrowers and brokers. Through NetSuite, Landbay will...
23 October 2018
From: Breaking News
CMME has announced a second charge mortgage solution for contractors, business owners and other professionals looking to take advantage of their...
17 September 2018
From: Breaking News
Commercial Trust Limited is urging landlords to speak with specialist buy-to-let mortgage broker firms as many are considering remortgaging options once...
16 January 2018
From: Breaking News
Fresh data from UK Finance has found that borrowing and lending for house sales increased in both value and volume in...
17 October 2017
From: Breaking News
Lifetime mortgage lender more 2 life has surpassed £1 billion of lending, along with a substantial total loan book value. According to...
05 September 2017
From: Breaking News
The Mortgage Hut has seen a year on year rise of 30% in mortgage applications in August despite the traditional seasonal...
05 September 2017
From: Breaking News
Research from Lloyds Bank Private Banking shows that the total household wealth in the UK reached an estimated £10.5 trillion in...
16 August 2017
From: Breaking News
First Complete and Pink have revealed that their mortgage, protection and general insurance sales all reached record highs in 2017. The two...
02 June 2017
From: Breaking News
An online mortgage broker has announced that it has received backing from fintech investors all over Europe to the tune of...
03 February 2017
From: Breaking News
The majority of brokers surveyed by Legal & General say they either currently recommend or would recommend later life lending or...
19 July 2016
From: Breaking News
Computershare will service three out of every five outsourced UK mortgages from next month, the company has confirmed. This follows its Government appointment to...
25 May 2016
From: Breaking News
Buy-to-let mortgage sales surged by 163% in the year to March as landlords raced to beat the new stamp duty surcharge...
18 May 2016
From: Breaking News
Brokers and lenders are celebrating a "bumper month" which saw borrowing in March 64% higher than one year earlier. Gross mortgage borrowing...
27 April 2016
From: Breaking News
Gross mortgage lending in February hit its highest level for eight years after leaping 30% year-on-year. Lending totalled £17.6 billion which marks a fall from £18.5...
18 March 2016
From: Breaking News
The average amount of equity withdrawn via remortgaging hit a new record of nearly £37,000 per borrower in November. This is a...
23 December 2015
From: Breaking News
The UK housing market is in for a bumpy ride next year as new property taxes hit sales and prices. Higher stamp...
22 December 2015
From: Breaking News
Chancellor George Osborne’s stamp duty surcharge could backfire by slashing tax revenues as investors desert the market, experts have warned. Steve Bolton,...
03 December 2015
From: Breaking News
Mortgage brokers have attacked the Chancellor’s "truly aggressive attack" on buy-to-let in his Autumn Statement and Spending Review yesterday. George Osborne punished...
26 November 2015
From: Breaking News
Monthly remortgaging topped £6 billion for the first time since 2009 in October, exceeding even the most optimistic expectations. The value of...
25 November 2015
From: Breaking News
Christmas has come early for the mortgage industry which is celebrating the highest monthly lending figure for more than seven years. Gross mortgage lending...
20 November 2015
From: Breaking News
Buy-to-let lending continued to race ahead of the mortgage market in September as investors ignore Chancellor George Osborne's forthcoming tax crackdown. Investors drove large quarterly and...
12 November 2015
From: Breaking News
Second charge mortgage lending is set to top £1 billion this year with £93 million worth of monthly secured lending in...
10 November 2015
From: Breaking News
Mortgage approvals leapt 24% in the year to September driven by a resurgence in remortgaging. Remortgages jumped 40% over the year, against...
27 October 2015
From: Breaking News
Buy-to-let sales through intermediaries have soared over the last year as the sector continues to boom. Sales in August 2015 were up...
25 September 2015
From: Breaking News
Nationwide is aiming to boost first-time buyer mortgage lending with £1 billion of new low deposit products. It is launching a range...
10 September 2015
From: Breaking News
Nationwide Building Society will back the new government-backed Help to Buy Isa from 1 December. The new offering will run alongside its...
27 July 2015
From: Breaking News
The volume of residential and buy-to-let mortgage lending in May reached its second highest level in eight years, new analysis has...
07 July 2015
From: Breaking News
The number of remortgages grew strongly in May as homeowners took advantage of rising house prices and the lender price war...