A new analysis of the housing market suggests approvals will rise following the first Bank of England base rate cut of...
Archive
29 August 2024
From: Breaking News
Mojo Mortgages’ data has revealed that extending a mortgage from 25 to 35 years can cost the average first-time buyer an...
27 August 2024
From: Breaking News
Both mortgage and landlord possessions actions have continued to rise in the current quarter. Mortgage claims have reached their highest volume...
12 August 2024
From: Breaking News
The Financial Conduct Authority has secured an order of £4m against an unauthorised mortgage broker and its associates who exploited vulnerable...
07 August 2024
From: Breaking News
New data from Legal & General’s Ignite platform shows a significant increase in over-50s seeking remortgages with terms taking them close...
05 August 2024
From: Breaking News
More than half of mortgage intermediary firms are expanding, reflecting growing optimism amongst brokers, Paragon Bank research reveals. The summer edition of...
05 August 2024
From: Breaking News
The availability of deals at 95% loan-to-value has risen to its highest point in over two years. Overall, it was the fifth...
10 July 2024
From: Breaking News
New research from the Intermediary Mortgage Landers Association suggests that the cumulative shortfall in first-time buyer numbers since the financial crisis...
01 July 2024
From: Breaking News
Data from UK Finance suggests that interest-only mortgage holders are showing no obvious signs of distress despite interest rates remaining high. There...
01 July 2024
From: Breaking News
The significant majority of mortgaged residential properties currently below Energy Performance Certificate band C could achieve band C or above by...
24 June 2024
From: Breaking News
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...
12 June 2024
From: Breaking News
The proposed merger between mortgage and financial service providers Nationwide and Virgin Money is to be investigated by the UK's competition...
05 June 2024
From: Breaking News
Independent mortgage monitor service Moneyfacts says rises to average two- and five-year fixed mortgage rates have gained pace month-on-month. The overall five-year...
20 May 2024
From: Breaking News
Chain-free homes command asking price premiums of 3.9% over homes on sale with buyer-chains - and in one location at least,...
15 May 2024
From: Breaking News
UK Finance’s latest arrears and possessions data shows a modest three per cent rise in homeowner mortgages in arrears to 96,580...
13 May 2024
From: Breaking News
It might look like house prices have stabilised, staying relatively flat over the first four months of 2024, but at least...
09 May 2024
From: Breaking News
The average selling price of property across Edinburgh, the Lothians, Fife and the Borders during February-April was £269,963, some 1.5% higher...
09 May 2024
From: Breaking News
The proportion of buy to let properties purchased in Southern England fell to a record low last year, continuing a trend...
01 May 2024
From: Breaking News
An analysis of government house price data by business consultancy Hargreaves Lansdown suggests the typical mortgage term for a first time...
17 April 2024
From: Breaking News
The majority of buyers and sellers in the prime housing market will not be deterred by the upcoming General Election, claims...
17 April 2024
From: Breaking News
Recent economic data was reassuringly predictable. We learned that core inflation fell by fractionally more than expected while services inflation proved slightly...
04 April 2024
From: Breaking News
The average shelf-life of a mortgage product is just 15 days, with lenders increasing fixed rates, says Moneyfacts. Average mortgage rates on...
18 March 2024
From: Breaking News
A specialist lender claims that first-time buyers could see annual mortgage costs climb by £398 per year, while landlords suffer a...
21 February 2024
From: Breaking News
At the middle of last week Nationwide slashed its rates to the most competitive of all in the current lenders price...
05 February 2024
From: Breaking News
The vast majority of high net worth individuals have faced mortgage rejections and had to accept lower loan-to-value ratios than they...
05 February 2024
From: Breaking News
Banks are reporting that default rates increased in the final quarter of 2023, albeit more slowly than the quarter before -...
22 January 2024
From: Breaking News
The UK’s residential mortgage market has started 2024 with the biggest choice of products for prospective borrowers in over 15 years. A...
17 January 2024
From: Breaking News
Monthly interest costs have surged by 283 per cent since 2021 for landlords using interest-only mortgages, research shows. Octane Capital compared rates...
03 January 2024
From: Breaking News
Some 20 per cent of first time buyers are snapping up mortgages of 35 years or more according to UK Finance. In...
13 December 2023
From: Breaking News
The Nationwide wants greater government support for first-time buyers as rising costs delay owning a home. As one of the UK’s biggest...
29 November 2023
From: Breaking News
Just Refer, a new referral portal for national brokerage Just Mortgages and financial services arm Just Wealth, has supported brokers in...
27 November 2023
From: Breaking News
Moneyfacts is reporting that there’s what it calls a “thriving choice” of mortgage options. Its latest UK Mortgage Trends Treasury Report shows the number...
22 November 2023
From: Breaking News
PriceHubble, a supplier of data solutions for real estate and finance, has acquired WhenFresh, delivering data and decision engines to banks,...
01 November 2023
From: Breaking News
A host of lenders have announced cuts to their rates in recent days, with Halifax arguably the most significant. It’s launched three-year...
23 October 2023
From: Breaking News
It’s now one year since former Prime Minister Liz Truss and Chancellor Kwasi Kwarteng’s ill-fated mini-budget, which acted as a catalyst...
04 October 2023
From: Breaking News
Brokers are warning that dramatic council ‘effective bankruptcies’ will increase local residents’ tax bills and so hurt mortgage affordability. This follows the...
20 September 2023
From: Breaking News
Mortgage arrears in the UK jumped by almost a third between April and June compared with the same period last year,...
18 September 2023
From: Breaking News
High interest rates are worsening the affordability issues at play in the housing market, the Halifax admits. It says that downward pressure...
28 August 2023
From: Breaking News
There is speculation that the recent spate of figures from the UK economy may prompt a war between mortgage providers as...
21 August 2023
From: Breaking News
From this week the banking and finance industry’s Reach Out campaign will be seen across out-of-home advertising, radio, print and digital,...
01 August 2023
From: Breaking News
New figures relating to the government’s mortgage guarantee scheme shows significant numbers of people taking out high loan to value mortgage...
25 July 2023
From: Breaking News
Lenders have reported the UK's biggest increase in mortgage defaults since 2009 - and they expect worse to come this autumn. The...
18 July 2023
From: Breaking News
A leading analyst is warning that a remortgage nightmare lies await in the second half of 2023. Sarah Coles of business consultancy...
06 June 2023
From: Breaking News
Mortgage interest rates increased by 2.56% in 2022, with a sharp increase from 1.51% in January to a record 4.07% on...
28 March 2023
From: Breaking News
Newcastle Building Society has reported record lendings for 2022 of £586 million. Significant support was provided to Members, clients, and colleagues during...
07 March 2023
From: Breaking News
Capricorn Financial Consultancy has released its market expectations for 2023, predicting that the UK mortgage market will have to acclimatise to...
24 January 2023
From: Breaking News
Estate agent comparison site, GetAgent.co.uk, has revealed which postcodes estate agents with the highest turnovers reside. Registered property transactions over 3 months, the...
03 November 2022
From: Breaking News
Luxury asset short-term lender, Suros Capital, has reportedly been seeing an increase in buoyant new business with its loan book now...
13 October 2022
From: Breaking News
Inflation has been a hot topic and research from London lettings and estate agent, Benham and Reeves, has revealed just what...
01 September 2022
From: Breaking News
Amidst the soaring cost-of-living research by Warwick Estates reveals that homebuyers could save £1,200 a year by purchasing a new-build home...
25 August 2022
From: Breaking News
The Commonwealth Games begin this week and will be hosted in Birmingham. Sprinters, swimmers, and more sporting sensations will take part...
28 July 2022
From: Breaking News
This week’s mortgage roundup involves a month of firsts and milestones, with Proportunity and BuildLoan launching UK-first products for buyers. Meanwhile,...
05 July 2022
From: Breaking News
In the UK, homeownership remains one of the main aspirations for young adults and families who envision climbing the property ladder...
21 June 2022
From: Breaking News
Throughout the years the government has pledged to deliver new homes to make more affordable properties available to the public. New build-...
07 June 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
Self-employed individuals are twice as likely to be rejected for a mortgage, a new report from The Mortgage Lender (TML) shows. Its...
24 May 2022
From: Breaking News
The long-awaited Crossrail line is finally set to launch on 24 May 2022. It will connect the east and west of...
19 May 2022
From: Breaking News
Often, we are sold the dream of settling down with a partner and purchasing our dream house together – but, what...
10 May 2022
From: Breaking News
Stipendum, the platform that aims to simplify life’s complex events, has released a number of top tips to help the nation’s...
19 April 2022
From: Breaking News
The Mortgage Industry Mental Health Charter (MIMHC) has confirmed a target of 200-plus signatories by the end of 2022. Speaking during a...
05 April 2022
From: Breaking News
New research by property development optimisation platform, Unlatch, has discovered that some areas of the UK are still feeling the effects...
22 March 2022
From: Breaking News
As far as the UK Government is concerned, the threat from COVID is over. In its wake, a new battle, the...
22 March 2022
From: Breaking News
Locations with homes surrounded by trees and greenery were analysed by Barrows and Forrester. The findings show that these locations have...
15 March 2022
From: Breaking News
This week’s mortgage roundup is all about simplifying the homebuying journey, with a new partnership formed to streamline the buying process and...
24 February 2022
From: Breaking News
The latest Nationwide house price index, released yesterday morning, reveals that January has seen the strongest start to the year since...
03 February 2022
From: Breaking News
2021 proved to be one of the most hectic years to buy and sell a home. We witnessed prices soaring to...
13 January 2022
From: Breaking News
A study by MoveStreets, the property portal designed for the mobile generation, has uncovered how much current home sellers are likely...
06 January 2022
From: Breaking News
A webinar poll conducted by Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, has revealed...
18 November 2021
From: Breaking News
Most people are willing to pay a ‘certainty premium’ of £1,200 per year for a long-term guarantee of fixed mortgage repayments,...
21 October 2021
From: Breaking News
New data has found that 89% of mortgage advisers believe first-time buyers need more education on purchasing a property and what...
05 August 2021
From: Breaking News
As furlough support has begun to phase away from July 1 2021, there is still concern that this could lead to...
15 July 2021
From: Breaking News
According to new research from the homebuying platform, YesHomebuyers, the majority of UK homeowners spend between £500 to £1,500 a year on...
06 July 2021
From: Breaking News
West One Loans’ buy-to-let (BTL) division has released new products to meet increased demand in the market. The raft of new product...
01 July 2021
From: Breaking News
Equity release lender, more2life, revealed that the number of advisers who attended its 2021 Later Life Lending Symposium was 151% higher than...
15 June 2021
From: Breaking News
Mortgage technology provider Twenty7Tec has completed an APPLY integration with Accord. The move will enable users of CloudTwenty7 to seamlessly submit applications...
18 May 2021
From: Breaking News
An equity release advisory is reflecting on the shifts in equity release usage and behaviour in the first quarter of 2021. Research...
06 May 2021
From: Breaking News
The Equity Release Council (the Council) has launched a member endorsement mark as part of a brand refresh that reflects the...
06 April 2021
From: Breaking News
Newbury Building Society has introduced a GoGreen Reward incentive to its self-build mortgage to encourage homebuilders to make conscious sustainable choices. The...
23 March 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
The total value of new mortgages set to be handed out in the coming months reached its highest level since 2007...
16 March 2021
From: Breaking News
Older homeowners gifted an average of £42,500 to younger relatives to help them get on the property ladder in 2020, new...
25 February 2021
From: Breaking News
The cost of borrowing for low-deposit borrowers has increased across all mortgage types over the last year, new data from Mortgage...
03 December 2020
From: Breaking News
Mortgages have not typically been viewed as a high-risk service when it comes to money laundering, but as the practice becomes...
30 October 2020
From: Legislation, Regulation & Compliance
SmartSearch, the leading UK anti-money-laundering (AML) firm, has recorded its busiest ever month in September, with record revenues, profits and number...
27 October 2020
From: Breaking News
Specialist development lender Puma Property Finance has bolstered its nationwide presence with the relocation of one of its managers, Paul Murphy,...
27 October 2020
From: Breaking News
Equity release advisory firm Key has strengthened its estate planning team with the hire of Andrew Parkinson as head of sales...
29 September 2020
From: Breaking News
Knowledge Bank, a market-leading criteria search system, is expanding with the appointment of three new roles. An increasing number of mortgage brokers...
03 September 2020
From: Breaking News
Mark Lofthouse, chief executive officer at Mortgage Brain, is due to retire in 2021 after 19 years in the company. Since joining...
31 August 2020
From: Breaking News
Pure Retirement has started the new year by making changes to its heritage range criteria, aiming to give consumers more choice...
16 January 2020
From: Breaking News
Brilliant Solutions has teamed up with Knowledge Bank as its exclusive criteria search provider. Members of Brilliant Solutions – which helps brokers...
13 November 2019
From: Breaking News
‘Interest-only loans’ have maintained their place in the top five most searched-for criteria in August after making their very first appearance...
24 September 2019
From: Breaking News
Interest-only mortgages comprised 20% of new business introduced in Q2 2019, down from 28% is Q2 2007 but significantly higher than...
09 August 2019
From: Breaking News
Equity release referral business Key Partnerships has released a new report – ‘Introducing the Introducers’ – to celebrate its brand refresh. The...
19 July 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
The Right Mortgage & Protection Network held its largest bi-annual event on how members can use marketing effectively to grow their...
14 June 2019
From: Breaking News
More customers than ever are opting for an initial fixed period of five years or more when choosing a mortgage, according...
03 May 2019
From: Breaking News
Asset management specialist Spicerhaart Corporate Sales has joined forces with fact-finding experts Excel and UK law firm TLT to create an...
30 April 2019
From: Breaking News
Over-55s now make up nearly 200,000 owner occupier housing transactions in England each year, according to the latest study from the...
11 April 2019
From: Breaking News
LendInvest has secured funding of up to £200 million from HSBC UK to bring further capital to its platform. With this new...