Archive

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

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

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...

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...

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...

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

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

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...

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

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...

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...

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...

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

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

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

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...

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...

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

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...

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

Analysis by an estate agency shows that since the 1980s, house prices have climbed by an average of 5.4% in the...

Building societies' mortgage balances grew in the six months between October 2023 and March 2024, when they had declined across the...

An analysis of period property transactions reveals that demand has slumped as low as 39.2% of previous highs because of premiums...

New research from Compare the Market has revealed that nearly seven in 10 households have been caught out by surprise costs...

LiveMore, the mortgage lender for people aged 50 to 90 plus, has launched a new up to 100% standalone debt consolidation...

There was good news over the weekend as rates reductions announced late last week kicked in. Barclays has cut a number of...

Buy to let lender Landbay has enhanced its like-for-like remortgage range with new lower stress testing, alongside new rate reductions. For landlords...

Chain-free homes command asking price premiums of 3.9% over homes on sale with buyer-chains - and in one location at least,...

Interest rates for borrowers have shown mixed signs of both rises and falls over the past six months. Moneyfactscompare has analysed...

UK Finance’s latest arrears and possessions data shows a modest three per cent rise in homeowner mortgages in arrears to 96,580...

Research from independent mortgage monitor Moneyfactscompare suggests that building societies are working hard to support first-time buyers, for whom affordability has...

Higher mortgage rates are a drag on house price growth says Zoopla - and it’s produced startling figures to prove it. The...

Purplebricks has launched Purplebricks Mortgages Limited - taking over from the old Strike Financial Services brand.  A year ago the Strike online...

The proportion of buy to let properties purchased in Southern England fell to a record low last year, continuing a trend...

Lloyd’s pre-tax profits were just £1.6 billion between January and March, down from £2.3 billion for the same period last year. The bank...

Jonathan Samuels, chief executive of Octane Capital, believes that with the property market now showing early signs of a return to...

There’s been a bevvy of buy to let mortgage deal changes this week. Shawbrook has made a series of reductions across its...

New Financial Conduct Authority statistics display housing market turbulence over the past two years, raising concerns about buyers and lenders in...

An analysis of government house price data by business consultancy Hargreaves Lansdown suggests the typical mortgage term for a first time...

A new report reveals the latest trends  in UK lending and borrowing, compiled by lending software company Lenvi. The most notable trends include...

Lloyds Banking Group, Nationwide, NatWest - along with Rightmove - have announced a strategic investment in Coadjute, a prominent PropTech business. This...

Fall throughs are costing sellers some £909m a year - and that’s even on recent muted sales figures. Home Sale Pack has...

Monthly payments on some 123,000 home loan accounts were cut in the first eight months of the government’s Mortgage Charter.   The...

Almost half (45%) of UK homebuyers would consider using an ethical finance provider that follows Islamic principles, finds Gatehouse Bank. Gatehouse Bank,...

Shared ownership has failed to deliver an affordable route to home ownership for too many and for too long, says a...

A property software business says its research shows that the housing market revival is driven by the premiums levied on new...

Recent economic data was reassuringly predictable. We learned that core inflation fell by fractionally more than expected while services inflation proved slightly...

A 2,000-person survey has revealed the diverse financial routes that first time buyers take to get on the property ladder. The survey...

The average volume of UK properties listed for sale month-on-month rose by 58% in 2023 compared to a year previously, underscoring...

Some of the biggest names in the trade, lending and advisory sectors have produced a report outlining the vast significance that...

The beleaguered construction sector - a good early indicator of later sales activity - has seen a welcome boost in some...

Since the start of September 2023, the average two-year fixed rate has fallen from 6.70% to 5.76% and the average five-year...

Kent Reliance for Intermediaries - part of the OSB Group - has refreshed products across their residential, buy to let, and...

New Mortgage Lenders and Administrators statistics for Q4 2023 paint a very worrying picture of the mortgage market. That’s the view of...

Analysis from estate agency Yopa reveals that while the London market may be the worst performing in terms of house prices, it...

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

A new study has revealed the best and worst UK regions for first-time buyers based on house affordability and earning potential.  The...

The estate agents’ trade body has made the unexpected move of calling on banks to cut mortgage rates. Rates are typically decided...

Last week Halifax - previously an outlier amongst major lenders - announced it was raising rates, following the likes of Santander,...

Hodge has made significant changes to its 50+, Retirement Interest Only (RIO) and Holiday Let Mortgage property criteria. The updates include the...

There were 29,060 new mortgages taken out by older borrowers over 55 in the last three months of 2023 - down...

A specialist lender claims that first-time buyers could see annual mortgage costs climb by £398 per year, while landlords suffer a...

NatWest has made changes to its product ranges for both new business and existing customers. New borrowers can expect a rate increase...

Nearly four in 10 portfolio landlords, those with four or more properties, plan to increase the size of their portfolios in...

The latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association reveals that confidence has returned to the mortgage market,...

Unbiased, a platform for connecting with prospective clients, has slashed charges it imposes on mortgage advisers for a second consecutive month. Unbiased...

Global intelligence company Pepper Advantage, which has a portfolio of over 100,000 UK residential mortgages, says there’s been a dramatic increase...

The vast majority of high net worth individuals have faced mortgage rejections and had to accept lower loan-to-value ratios than they...

Almost two thirds of first time buyers mortgage completions are in joint names (with two or more people), according to the...

New research from Aldermore suggests that some 55 per cent of prospective first time buyers are currently seeking to raise a...

Lifetime mortgage fund usage continues to show a mixture of aspirational and needs-based borrowing, according to figures from lender Pure Retirement....

Shadow Chancellor Rachel Reeves says first time buyers could benefit from a "revolution in home ownership" with 25-year fixed-rate mortgages. Reeves says...

HM Land Registry says it’s working with mortgage lenders to ensure they will no longer need to chase conveyancers for updates...

The UK’s residential mortgage market has started 2024 with the biggest choice of products for prospective borrowers in over 15 years. A...

A regular financial resilience barometer from a leading consultancy shows that the debt position of the lowest fifth of earners has...

Property lender Together is holding its third webinar for brokers in its Chalk Live series, offering new educational content along with...

A high proportion of first time buyers take advantage of some form of assistance when purchasing their initial home. That’s the verdict...

A building society says it is considering ending its policy of lending to buyers of holiday lets. Martese Carton, the director of...

A property-focussed law firm claims it takes a whole working day to obtain a Mortgage In Principle and up to six...

Latest Bank of England data released in recent days shows net mortgage approvals for house purchases rose from 47,900 in October...