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...

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...

A new analysis of the housing market suggests approvals will rise following the first Bank of England base rate cut of...

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

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...

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...

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...

The Bank of England has been sharply rebuked by a think tank which claims rate cuts should have come faster. The free-market...

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

Mortgage Brain has confirmed the industry speakers and panellists for its biggest-ever Mortgage Vision roadshow. T Amongst the speakers confirmed is Robert...

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

Kate Davies, executive director of the Intermediary Mortgage Lenders Association (IMLA), says rent controls are not the magic answer to problems...

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

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 Mortgage Works (TMW) has reduced rates by up to 0.45 percentage points across its product range, with rates starting from...

There’s speculation that there could be two more base rate cuts announced before the end of the year, following last week’s...

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...

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...

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...

Rightmove says the scale of rate cuts being announced by lenders - including the first sub-4% mortgage in many months -...

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...

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

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...

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

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...

It appears that Metro Bank has resuscitated a plan to sell much of its mortgage book after being rescued from potential...

Brokers can look forward to a strong second half of 2024, according to an industry leader. Rob Jupp, group chief executive at...

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

Price growth in high-value prime areas has been put on hold given uncertainty surrounding the General Election, according to the latest...

Mortgage Brain’s Mortgage Vision roadshow is back this autumn. The mortgage technology provider is heading to new locations with an expanded line-up...

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

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

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...

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...

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

There’s been particularly sharp criticism for the Bank of England’s decision at the end of last week to hold base rate...

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...

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...

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...

The industry is sceptical about the effectiveness of Labour’s nw ‘Freedom To Buy’ initiative, which effectively makes the current mortgage guarantee...

Newcastle for Intermediaries has launched a new mortgage platform for its broker partners.   Following the announcement of its new broker website and...

The mortgage market is resilient enough to endure temporary political uncertainty created by next month’s General Election. That’s the view of Jonathan...

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

Despite a more subdued period for the mortgage market, analysis by Moneyfacts shows a handful of lenders pulled higher loan-to-value deals.   Last...

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...

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

This accounts for some of the big rise seen recently in the supply of homes for sale - 20% up on...

FinTech company Mortgage Brain has partnered with large scale buy to let lender The Mortgage Works to host a free Mortgage...

The Building Societies Act 1986 (Amendment Bill) successfully passed its legislative stages as part of the last minute ‘wash up’ of...

Leaders. Romans Group, one of the UK's leading property services groups, has rebranded and amalgamated Start Financial Services into Mortgage Scout. Start...

A Freedom of Information (FoI) request from a former pensions minister has revealed a significant increase in the proportion of home...

An online agency has analysed current housing market listings to see which types of home are most in demand from England’s...

UK digital bank Chetwood Financial has completed the acquisition of the buy to let mortgage lender CHL Mortgages for Intermediaries from...

There was a 13% increase in Q1 2024 of 56-65 year-olds searching for their first property compared to the same period...

The latest report from the Intermediary Mortgage Lenders Association (IMLA) reveals that intermediary confidence in the industry increased in Q1 2024. Some...

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

The latest RICS UK Residential Survey results shows the recent recovery in buyer demand has mellowed slightly, with the market impacted...

Many buy to let landlords have made financial changes during the cost of living crisis to mitigate the rising costs of...

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

UK mortgage lending is forecast to grow just 1.5% (net) in 2024, according to the latest EY ITEM Club Outlook for...

Nottingham Building Society has partnered with insurance technology firm, Uinsure to provide home insurance quotes in as little as 60 seconds. Members...

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

Bank of England base rate has been held at 5.25% - where it has been for nine months. The Bank’s monetary policy...

It might look like house prices have stabilised, staying relatively flat over the first four months of 2024, but at least...

The average selling price of property across Edinburgh, the Lothians, Fife and the Borders during February-April was £269,963, some 1.5% higher...

Almost three quarters of Millennial and Gen Z buyers - those aged 18 to 34 - think energy efficiency improvements will...

Savills has today upgraded its five-year UK mainstream house price forecast to reflect the stronger than expected start to the year...

Big demand for small properties has helped to drive growth in UK property prices in the early months of this year,...

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...