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...

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

A lender has re-entered the market for expats seeking to buy furnished holiday lets. The Marsden Building Society - which specialises in...

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...

New data from Santander shows that parents wanting children to attend one of the top 500 state primary schools outside of...

Mojo Mortgages’ data has revealed that extending a mortgage from 25 to 35 years can cost the average first-time buyer an...

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...

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

April Mortgages has improved its capital raising criteria, to make it easier for borrowers looking to raise additional capital for gifting...

A monitor of the bridging sector suggests business is growing - mostly because of delays in the mainstream property conveyancing sector,...

Home buyers, movers, and existing owners making energy-saving improvements to their properties can now get up to £2,000 cashback from a...

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

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...

Ground-breaking mortgage lender April Mortgages has formed a new strategic partnership with Tembo Money.   Tembo Money is a mortgage and savings platform...

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...

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 ...

An estate agency’s research shows a regional breakdown of how the first time buyer market could change if the new government...

More rate cuts are being announced by lenders all the time as they vie for business and anticipate the Bank of...

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

Hinckley & Rugby for Intermediaries has enhanced its flexible mortgage range, cutting selected rates by up to 30bps and launching new...

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

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

Almost a quarter of prospective homebuyers plan to make their homes more energy efficient in the hope of securing more favourable...

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...

Fewer than half (46%) of potential first-time buyers believe this week’s General Election will improve their buying prospects, despite manifesto pledges. Labour...

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

 A new first-time buyer study from Rightmove reveals that the average first-time buyer mortgage payment has risen by 61% since the...

Aldermore has expanded its mortgage range to appeal to self-employed contractors operating via a limited company or sole trader, enabling them...

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

The West Brom - the UK’s seventh largest building society - is now offering a range of fixed rate mortgages to...

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

Overall, the total value of the UK housing market contracted by 21% in the year to March 2024, on the back...

Rightmove reports that the average price of property coming to the market for sale drops by £21 this month to £375,110...

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...

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...

After a brief absence for what it calls “operational reasons” the Suffolk Building Society has returned to the 95% market with...

UK Finance has released its financial services manifesto, outlining key priorities the next government should focus on. David Postings, Chief Executive of...

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

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...

Applications from first time buyers have grown by 33% so far this year with FTBs now making up a higher proportion...

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

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...

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

New data from Rightmove reveals that 95% of people planning to move home say the July General Election will not affect...

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

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

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

Rightmove is predicting some 1.1m residential transactions this year - but it says the glacial pace of house buying in the...

Londoners looking to buy a home can expect to spend 42% more on monthly mortgage payments than tenants pay on rent,...

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

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...

The Hinckley & Rugby building society has announced two cuts to rates across its mortgage range in short order.  After rate cuts...

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

Aldermore is reintroducing a broader range of mortgages for owner occupiers. The lender says it wants to support often “overlooked customers” with...

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

UK residents need an average salary of close to £54,000 to purchase a property, according to new research.  The study shows that...

Chorley Building Society has extensive enhanced its mortgage range with new products for limited company buy to let investors, holiday lets,...

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

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

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...

MPs on the all-party Levelling Up, Housing and Communities Select Committee want to quiz representatives from across the house selling community about...

The majority of buyers and sellers in the prime housing market will not be deterred by the upcoming General Election, claims...

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

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...

New data from Rightmove reveals that Thursday March 28 was the biggest day for the number of new sellers coming to...

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

New research shows that sellers in Wales are likely to be hit hardest by a down valuation, with the average home...

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

Yorkshire Building Society new fee-free offer will enable first-time buyers across England, Scotland or Wales with a £5,000 deposit to purchase...

FinTech company Mortgage Brain has struck a strategic partnership with SPF Private Clients, a whole-of-market mortgage broker. The deal caters for a...

HSBC used the Easter period to launch its Energy Efficient Homes range, tailored for UK residential first time buyers, home movers...

Homes Under The Hammer property expert Lucy Alexander is fronting a new campaign to identify empty homes and bring them back...

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

A think tank is urging the UK government to initiate mortgage market reforms to promote higher home ownership. The Social Market Foundation...

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

A buying agency says stamp duty is one of the biggest obstacles to a healthy housing market driven. Recoco Property Search says...

The latest housing market snapshot from the Royal Institution of Chartered Surveyors shows the number of buyers has risen for the...

The ‘average’ 25 year mortgage term is increasingly becoming a thing of the past says USwitch. A recent study of the data...

New data from Zoopla suggests that the housing market is becoming buoyant despite widespread uncertainty over the exact direction of mortgage...

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

April Mortgages has struck a deal for new technology to help it introduce Dutch-style loans into the UK. The new mortgage type...

Homebuyer appetites for new-build properties have dipped. Demand dropped 1.1 per cent in the last quarter according to analysis by easyMoney of...

Rightmove says the housing market needs a more innovative mortgage initiative than the 99 per cent idea floated by the government. The...

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