Archive

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

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

Mortgage approvals for house purchases fell slightly from 60,800 in April to 60,000 in May, says the Bank of England. Approvals for...

Some 3m UK households are to be hit with further increases in mortgage repayments over the next two years, the Bank...

Total mortgage lending sat at just £50.5 billion during the first quarter of 2024, the lowest level seen since interest rates...

The Bank of England has been sharply criticised for an “attack on homeowners” due to its refusal to cut rates. The Monetary...

Jersey's mortgage rates have been consistently higher than those in the UK, sparking concern among consumers and prompting our investigation, according...

The Mortgage Works is launching a new tool that provides brokers with the opportunity to support portfolio landlords.   With the buy...

Higher-for-longer interest rates are likely to remain for the rest of this year, warns the deVere Group, an independent financial advisory...

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

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

HSBC has made a slew of changes and increases to its residential and buy to let mortgage products. The bank is introducing...

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

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

Keystone Property Finance has expanded its services by introducing further advances for landlords undergoing product transfers. As part of Keystone’s PT Plus...

Mortgage lending has fallen by -28.6% in the past year, according to a new analysis. Octane Capital analysed gross mortgage lending data*...

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

There’s been an angry reaction to news that from today - March 18 - Halifax is changing the maximum age allowed...

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

The true cost of stamp duty is two thirds greater than the tax itself because it obliges buyers to spend far...

With the quick-fire mortgage rate cuts which characterised the past month now slipping into the rear-view mirror, the latest changes from...

Business consultancy Hargreaves Lansdown has identified three major risks associated with the current market, characterised by falling house prices and larger...

Just under half of mortgage brokers expect to place more limited company buy-to-let business throughout the next 12 months, Paragon Bank...

Respected estate agency and property consultancy Savills is warning that house prices may dip in 2024. In the run-up to Christmas it...

The UK's largest building society has slashed its cheapest mortgage rate to an eight-month low and significantly under the Bank of...

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

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

High end estate agency Savills has issued an update on prime markets in and around London and south east England. And it...

Falling swap rates - already falling over the past month - have dropped further following better-than-expected inflation news, triggering speculation over...

UK Finance has published its housing and mortgage market forecasts for 2024 and 2025 together with projections for 2023 full year numbers. Key figures for 2023 In...

The Bank of England says there was £18.8 billion of mortgage borrowing in arrears in the third quarter of this year. That’s...

Many landlords say they’re set to expand investments in 2024 despite facing up to 80 per cent higher costs in the...

Nationwide has reduced selected mortgage rates by up to 0.43 per cent across its New Business, Switcher, Additional Borrowing, Existing Customers...

The nation’s landlords are responding to higher levels of mortgage interest rates by cutting their borrowing. The research comes from specialist property...

The EY Item Club is warning that the UK is set to experience the slowest two-year mortgage growth in a decade. EY...

Contributors to a quarterly specialist finance publication have reported a 15.3 per cent increase in bridging loan transactions, totalling £191m, during...

A digital mortgage broker has launched an online tool aggregating data from over 50 Buy to Let lenders to calculate what...

There’s been an alarming set of figures in the Bank of England’s latest Money and Credit report, which relates to September. Net...

The equity release market has seen growth for the first time in 12 months with quarterly increases in both new customers...

Rightmove claims that single first-time buyers on an average salary and with a 5.0 per cent deposit could not afford three-quarters...

The Bank of England has held base rate at 5.25 per cent, with most analysts saying this is likely to be...

Jo Breeden, managing director of Crystal Specialist Finance, writes: In his recent speech, the Prime Minister scrapped the proposed changes to EPC...

UK mortgage holders are repaying record amounts of mortgage debt, according to the  Equity Release Council. But the ERC claims high levels...

A host of lenders have announced cuts to their rates in recent days, with Halifax arguably the most significant. It’s launched three-year...

Landlords in the UK are paying 40 per cent more mortgage interest than in August 2022, which equates to an extra...

A depressing 64 per cent of people have taken out a mortgage or personal loan without fully understanding how it works,...

New data from Experian reveals that one in four mortgages lent to those under 30 now have a term of 35...

Brokers are warning that dramatic council ‘effective bankruptcies’ will increase local residents’ tax bills and so hurt mortgage affordability. This follows the...

The jury is out as to whether there will be a rate rise this week when the Bank of England Monetary...

Equifax data has found that 41 per cent of live mortgages in the UK are held by customers who will be...

UK Finance’s latest Household Finance Review - for the second quarter of this year - lifts the lid on mortgages. The headlines...

The Bank of England says net mortgage approvals decreased from 54,600 in June to 49,400 in July, although approvals for remortgaging slightly increased...

UK mortgage customers are turning to fixed rates and lump-sum payments as interest rates rise, according to new research by Butterfield...

Brokers are up in arms about alleged profiteering by buy to let mortgage lenders’ arrangement fees. These jumped last autumn as a...

Nationwide Building Society has launched a new Home Energy Efficiency Tool to coincide with the debut of new green loan products. The...

Mortgage interest rates increased by 2.56% in 2022, with a sharp increase from 1.51% in January to a record 4.07% on...

The latest market analysis by specialist property lending experts, Octane Capital, reveals that recent uncertainty in the property market during the...

The latest sentiment survey by Knight Frank saw the demand for electric vehicle charging points continue, and 35% of respondents rating...

Revolution Brokers claim that bridging loan lending has increased by nearly 50% since the Bank of England base rates began rising...

New findings by Revolution Brokers suggest that despite the increasing cost of borrowing, buying is less expensive than renting.  The analysis was conducted by...

Research by property maintenance solution provider, Help me Fix, has revealed that by adding an additional bedroom to your home could...

Not the best news for the property sector, as the latest research by Revolution Brokers, shows that the monthly cost of...

As governmental changes sweep through the nation, countless elements within the property sector have been affected, including mortgages. Market analysis by specialist...

Mortgage broker, Henry Dannel, claim that over the past 12 months there has been a 22% increase in bridging loan lending...

We don’t like being the bearer of bad news, but a market analysis carried out by mortgage broker, Henry Dannell, reveals...

As interest and mortgage rates rise, mortgage providers are becoming stricter when it comes to who they will and will not...

This week’s mortgage roundup involves a month of firsts and milestones, with Proportunity and BuildLoan launching UK-first products for buyers. Meanwhile,...

The UK is leading the way when it comes to the might of the mortgage sector and the number of properties...

This week’s roundup takes a look at the latest in the mortgage market, from L&G’s latest addition to its lender panel...

Introducer Today returns with a bumper mortgage roundup, this time featuring the latest industry views on mortgage approvals, new and extended...

When it comes to the money owed as a result of mortgage borrowing in the last 10 years, UK homebuyers have...

New research from The Mortgage Lender (TML) reveals that 34% of UK adults planning to buy a home in the next...

With the interest rate rising from 0.25% to 0.5%, Brian Murphy, head of lending at Mortgage Advice Bureau, shares his top tips homeowners...

With house prices rising at their fastest pace in 17 years, first-time buyers now need to borrow up to seven-and-a-half times...

The latest Nationwide house price index, released yesterday morning, reveals that January has seen the strongest start to the year since...

This week’s mortgage roundup is a range of reduced rates and new products across the mortgage market, with Furness Building Society’s...

With the Bank of England raising interest rates for the first time in more than three years, Brian Murphy, head of lending...

Data released by independent equity release advisory service, Equity Release Supermarket (ERS), shows that there’s a continued desire amongst their customers to...

Most people are willing to pay a ‘certainty premium’ of £1,200 per year for a long-term guarantee of fixed mortgage repayments,...

According to new figures released by Mojo Mortgages, UK homeowners are now borrowing more money from mortgage lenders than ever before...

Tembo, the ‘next generation’ lending platform, has launched a new approach to family lending for mortgages. The lender offers a range of...

Legal & General (L&G) has announced that it will provide its digital mortgage sourcing technology to intermediary business, My Simple Mortgage. L&G...

Pure Retirement has announced the launch of its new flexible pricing methodology on the Classic lifetime mortgage product range. The new initiative...

Mortgage borrowing in the UK has now reached its highest level since 1993, with home buyers looking to make the most...

Newbury Building Society has introduced a GoGreen Reward incentive to its self-build mortgage to encourage homebuilders to make conscious sustainable choices. The...

Specialist short-term lender Hope Capital has launched a brand-new range of bridging loans specifically designed for borrowers undertaking property refurbishment projects. The...

Specialist lender Together has raised the maximum loan-to-value (LTV) across its first and second charge mortgage products to 70%. The finance firm...

The cost of borrowing for low-deposit borrowers has increased across all mortgage types over the last year, new data from Mortgage...

Suros Capital has officially been launched to provide short-term lending facilities specifically aimed at people secured against luxury assets including jewellery,...

UK specialist buy-to-let lender Landbay has announced its partnership with Primis Mortgage Network, one of the largest mortgage and protection networks...

Despite Covid-19, the average mortgage value for purchasers is up 12.4% compared to the same period in 2019, according to data...

Equity release advisory service provider Equity Release Supermarket (ERS) has partnered with LiveMore Capital. Specialising in retirement interest only (RIO) mortgages for...

The MCI Mortgage Club has added LiveMore Capital to its panel, expanding its range of products to include retirement interest-only (RIO)...

Together has revamped its second charge mortgages to introduce new fixed-term products and its lowest ever rate on some secured loans. The...

Workers who received a festive bonus and are looking to purchase a property in 2020 could boost their borrowing power by...

The buy-to-let market has remained relatively stable despite the decline in overall mortgage business during Q3 2019, according to Paragon Bank. Its...

The UK’s first buy-to-let mortgage calculator of its kind has officially been launched by BrokerSense, the provider of specialist mortgage calculators...

Manchester-based bridging and development finance lender, Roma Finance, has secured institutional funding for a medium-term mortgage product. The five-year buy-to-let mortgage is...

HLPartnership (HLP) and Mortgage Support Network (MSN) will be hosting two seminars focusing on later life lending following their successful January...

Over two thirds (68%) of British people think lenders have too much power over borrowers. The findings come from new online polling...