Extra help for first-time home buyers is on the way as Lloyds Banking Group increases the amount prospective homeowners can borrow,...
Archive
02 September 2024
From: Breaking News
Bridging loan books continued to grow to record levels in the second quarter of 2024, reaching nearly £8.4 billion, according to...
27 August 2024
From: Breaking News
Gifts and loans from the Bank of Mum & Dad totalled £9.4 billion in 2023, according to the latest analysis from...
19 August 2024
From: Breaking News
The average shelf-life of a mortgage product has dropped to just 17 days, down from 30 days a month, according to...
19 August 2024
From: Breaking News
April Mortgages has improved its capital raising criteria, to make it easier for borrowers looking to raise additional capital for gifting...
14 August 2024
From: Breaking News
The nation is more open-minded than we might think about who to pair up with for joint credit applications, according to...
12 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
The number of people moving home increased by 10% in the first half of 2024, according to the latest Lloyds Bank...
31 July 2024
From: Breaking News
Mortgage approvals on house purchases for June were 59,976 according to the Bank of England - down marginally (0.3%) from 60,134...
31 July 2024
From: Breaking News
A leading financial analyst says some 1.5m homeowners will need to remortgage throughout 2024 - and it’s going to hurt for...
31 July 2024
From: Breaking News
Examples set by the big High Street brands could push more lenders into offering sub-4% rates, predicts independent mortgage monitor Moneyfacts. The...
29 July 2024
From: Breaking News
More rate cuts are being announced by lenders all the time as they vie for business and anticipate the Bank of...
17 July 2024
From: Breaking News
Virgin Money has launched The Retrofit Boost, a new mortgage product designed to help home owners improve their property’s energy efficiency. The...
15 July 2024
From: Breaking News
Brokers can look forward to a strong second half of 2024, according to an industry leader. Rob Jupp, group chief executive at...
08 July 2024
From: Breaking News
Price growth in high-value prime areas has been put on hold given uncertainty surrounding the General Election, according to the latest...
08 July 2024
From: Breaking News
Almost a quarter of prospective homebuyers plan to make their homes more energy efficient in the hope of securing more favourable...
08 July 2024
From: Breaking News
The Nationwide has calculated that house buyers with mortgages are now pay far above the long term average. The lender, in its...
03 July 2024
From: Breaking News
A new first-time buyer study from Rightmove reveals that the average first-time buyer mortgage payment has risen by 61% since the...
26 June 2024
From: Breaking News
Buyers and sellers had to process a series of different numbers starting with five last week. The crucial number was 5.7%. That...
26 June 2024
From: Breaking News
Interest rates for borrowers have been volatile over the past six months, despite no change to the Bank of England base...
24 June 2024
From: Breaking News
Overall, the total value of the UK housing market contracted by 21% in the year to March 2024, on the back...
19 June 2024
From: Breaking News
Jersey's mortgage rates have been consistently higher than those in the UK, sparking concern among consumers and prompting our investigation, according...
12 June 2024
From: Breaking News
The Building Societies Act 1986 (Amendment Bill) successfully passed its legislative stages as part of the last minute ‘wash up’ of...
30 May 2024
From: Breaking News
UK mortgage lending is forecast to grow just 1.5% (net) in 2024, according to the latest EY ITEM Club Outlook for...
13 May 2024
From: Breaking News
Almost three quarters of Millennial and Gen Z buyers - those aged 18 to 34 - think energy efficiency improvements will...
09 May 2024
From: Breaking News
Big demand for small properties has helped to drive growth in UK property prices in the early months of this year,...
07 May 2024
From: Breaking News
UK residents need an average salary of close to £54,000 to purchase a property, according to new research. The study shows that...
29 April 2024
From: Breaking News
A new survey suggests that almost half a million Britons are set to miss a mortgage payment in the next six...
29 April 2024
From: Breaking News
Five major lenders - NatWest, Barclays, Accord, Leeds Building Society and HSBC - have all announced rate increases so far this...
24 April 2024
From: Breaking News
Mortgage lending has fallen by -28.6% in the past year, according to a new analysis. Octane Capital analysed gross mortgage lending data*...
24 April 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
A new report reveals the latest trends in UK lending and borrowing, compiled by lending software company Lenvi. The most notable trends include...
17 April 2024
From: Breaking News
Yorkshire Building Society new fee-free offer will enable first-time buyers across England, Scotland or Wales with a £5,000 deposit to purchase...
02 April 2024
From: Breaking News
The average volume of UK properties listed for sale month-on-month rose by 58% in 2023 compared to a year previously, underscoring...
27 March 2024
From: Breaking News
Some of the biggest names in the trade, lending and advisory sectors have produced a report outlining the vast significance that...
27 March 2024
From: Breaking News
Some 40% of residential landlords with a mortgage - fixed, tracker or discount - are due to renew their mortgage rate...
18 March 2024
From: Breaking News
The ‘average’ 25 year mortgage term is increasingly becoming a thing of the past says USwitch. A recent study of the data...
13 March 2024
From: Breaking News
Homebuyer appetites for new-build properties have dipped. Demand dropped 1.1 per cent in the last quarter according to analysis by easyMoney of...
11 March 2024
From: Breaking News
Rightmove says the housing market needs a more innovative mortgage initiative than the 99 per cent idea floated by the government. The...
06 March 2024
From: Breaking News
The buy to let mortgage sector has seen fixed rates fall to their lowest point since September 2022, according to analysis...
04 March 2024
From: Breaking News
Downsizers across England and Wales could unlock an average £305,090 by moving from a four bed to a two bed home,...
28 February 2024
From: Breaking News
There’s been a surge in enthusiasm for energy efficient homes according to research from heat pump advocates OVO. It says that a...
21 February 2024
From: Breaking News
Diverse views have emerged from financial services figures in response to last week’s news that the headline rate of inflation remained...
21 February 2024
From: Breaking News
There are clear signs the commercial property market is adjusting to today’s high interest rate environment according to specialist lender Together. Its...
05 February 2024
From: Breaking News
The number of mortgages offered to home buyers went up from 49,300 in November to 50,500 in December, against the normal...
05 February 2024
From: Breaking News
Almost two thirds of first time buyers mortgage completions are in joint names (with two or more people), according to the...
05 February 2024
From: Breaking News
Just under half of mortgage brokers expect to place more limited company buy-to-let business throughout the next 12 months, Paragon Bank...
31 January 2024
From: Breaking News
Respected estate agency and property consultancy Savills is warning that house prices may dip in 2024. In the run-up to Christmas it...
31 January 2024
From: Breaking News
Despite a sharp fall in the number of homes bought by landlords in 2023, the number of limited companies set up...
24 January 2024
From: Breaking News
Lifetime mortgage fund usage continues to show a mixture of aspirational and needs-based borrowing, according to figures from lender Pure Retirement....
24 January 2024
From: Breaking News
There are growing fears that the hoped-for Bank of England base rate cut this spring - the first off possibly several...
22 January 2024
From: Breaking News
Awareness of green mortgages is dipping among buyers, according to new research. Almost two thirds of mortgage advisers say their clients have...
10 January 2024
From: Breaking News
Latest Bank of England data released in recent days shows net mortgage approvals for house purchases rose from 47,900 in October...
08 January 2024
From: Breaking News
A record number of sellers came to market on Boxing Day 2023 according to Rightmove. The 26 per cent increase in new...
08 January 2024
From: Breaking News
Some 74 per cent of residential buy to let landlords feel confident about the performance of the property market over the...
03 January 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
Mortgage rates are predicted to fall next year as lenders take advantage of cheaper funding, after figures show that average swap...
20 December 2023
From: Breaking News
More lenders have green mortgage deals on the market now compared to a year ago, according to the Mortgage Advice Bureau. Some...
18 December 2023
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
Cases of buy-to-let arrears have doubled in a single year, according to a new analysis. The research, from Octane Capital, analysed quarterly...
13 December 2023
From: Breaking News
Accord Mortgages is cutting rates on its buy-to-let range in what it calls a bid to “offer better value to brokers...
11 December 2023
From: Breaking News
Some 40 per cent of self-employed individuals think lenders need to be more understanding when it comes to those with complex...
11 December 2023
From: Breaking News
There’s been a sharp decline in household financial confidence in the UK according to the latest UK Finance sentiment survey. The Q3...
11 December 2023
From: Breaking News
Low loan to value ratios from mortgage lenders are leaving an estimated 90,000 new build homes empty across the UK as...
06 December 2023
From: Breaking News
London accounts for the highest proportion of homebuyers using family inheritance to fund property purchases, according to compliance platform Thirdfort. Some 18...
06 December 2023
From: Breaking News
There’s been a 46 per cent increase in ‘for sale’ stock hitting the market as sellers look forward to a Boxing...
04 December 2023
From: Breaking News
Knight Frank says a reduction in mortgage costs as early as February - or perhaps more likely in Q2 next year...
29 November 2023
From: Breaking News
First time buyers aged 18 to 34 are primarily relying on advice from family and friends rather than a broker for support on the homebuying process, according to Coventry for...
27 November 2023
From: Breaking News
A new study shows a remarkably low number of people seeking professional financial advice. The report is called State of Flux and...
22 November 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
Global credit intelligence provider Pepper Advantage, which has a 100,000+ UK residential mortgage portfolio, says arrears in this country have seen...
06 November 2023
From: Breaking News
Tomorrow’s King’s Speech, setting out the legislative agenda for the coming year, looks certain to include leasehold reform - and the...
06 November 2023
From: Breaking News
Landlords need greater support from mortgage advisers in order to navigate the best course through the current economic climate. That’s according to...
01 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
There are growing fears of yet another Bank of England base rate rise next month following the surprise inflation figure released...
23 October 2023
From: Breaking News
The buy-to-let sector has seen fixed rates fall and product choice grow month-on-month, according to the latest analysis by Moneyfactscompare. Overall buy-to-let...
16 October 2023
From: Breaking News
A depressing 64 per cent of people have taken out a mortgage or personal loan without fully understanding how it works,...
11 October 2023
From: Breaking News
New data from Experian reveals that one in four mortgages lent to those under 30 now have a term of 35...
11 October 2023
From: Breaking News
Despite the housing market slowdown, brokers are being warned that the autumn months of September, October and November have typically seen...
11 October 2023
From: Breaking News
An estimated seven million UK households are struggling to keep up with their rent or mortgage payments, Which? warns, with millions...
04 October 2023
From: Breaking News
The interest rate on the average five-year fixed mortgage has dropped below 6.0 per cent for the first time in nearly...
02 October 2023
From: Breaking News
The number of three-year fixed mortgage products available from lenders has been rising over the last few months as borrowers coming...
02 October 2023
From: Breaking News
Half a million mortgage-holders are facing an imminent financial shock as their fixed deals end in the run-up to Christmas or...
25 September 2023
From: Breaking News
Pressure on mortgage holders is leaving Briton struggling to cope with their mental and physical health according to a wellbeing service...
20 September 2023
From: Breaking News
The impact of higher interest rates isn’t felt equally across the country, according to data from the Halifax. Despite recording one of...
06 September 2023
From: Breaking News
UK mortgage customers are turning to fixed rates and lump-sum payments as interest rates rise, according to new research by Butterfield...
23 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
Plans to ban cold calls for financial products are the subject of a consultation marking the next step in delivering the...
16 August 2023
From: Breaking News
Legal & General’s new Ignite platform has seen a rise of 53 per cent in one month for broker searches for...
18 July 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
After the latest rise in Bank of England Base Rate, mortgage lenders are offering new products to help those struggling to...
23 May 2023
From: Breaking News
There’s a growing optimism about the outlook for the mortgage market, according to the latest Mortgage Market Tracker report from the...
16 May 2023
From: Breaking News
New seller asking prices rise by just 0.2% (+£890) this month to £366,247, which is notably lower than the average increase...
25 April 2023
From: Breaking News
It’s turning into a buyers’ market as sellers are accepting on average £14,000 or 4% less than their asking price, according...
25 April 2023
From: Breaking News
Accord is once again cuts rates across its residential mortgage range by between 0.15% and 0.25%, at a time when market...
25 April 2023
From: Breaking News
Accord Mortgages is making further changes to its buy-to-let and residential rates. For the second time in as many weeks, buy to...
04 April 2023
From: Breaking News
Gifts and loans from the Bank of Mum & Dad (BOMAD) totalled £8.8 billion in 2022, according to the latest analysis...
21 March 2023
From: Breaking News
People aged 18-24 are more than twice as likely to choose a tracker mortgage than any other age group Those 55 or...
07 February 2023
From: Breaking News
The Bank of England last week hiked interest rates by 0.5 percentage points - pushing the benchmark rate to 4% up...