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,...

Nationwide says UK house prices fell by 0.2% month on month in August, after taking account of seasonal effects, but the...

Hamptons analysis of Countrywide estate agency data shows that in the first half of 2024, Londoners purchased 33,130 homes outside the...

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

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...

Examples set by the big High Street brands could push more lenders into offering sub-4% rates, predicts independent mortgage monitor Moneyfacts. The...

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

The availability of deals at 95% loan-to-value has risen to its highest point in over two years.  Overall, it was the fifth...

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

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

Moneyfacts has analysed the movements in mortgage rates since the Conservatives came to office in 2010. Average two-year fixed mortgage rates fluctuated...

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...

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...

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

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...

Almost half (45%) of UK homebuyers would consider using an ethical finance provider that follows Islamic principles, finds Gatehouse Bank. Gatehouse Bank,...

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...

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

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

The Nationwide Building Society has agreed to buy Virgin Money in a £2.9 billion deal - a rare example of a...

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

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

A survey of 2,000 adults by lender Together sheds light on parental help for first time buyers. It shows that a fifth...

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

A property agency has analysed the lending and housing markets to work out why so many mortgage applicants are couples. Benham and...

A unique system of returning rent to tenants to allow them to save for a deposit on a property has been...

A specialist lender claims that first-time buyers could see annual mortgage costs climb by £398 per year, while landlords suffer a...

Average mortgage rates on the overall two- and five-year fixed rate deals have now been falling for six consecutive months. The overall...

There were 12,000 first time buyers over the age of 50 in the UK in 2022, the latest figures available. This means that...

Lenders’ trade body UK Finance wants the government to use next month’s Budget to announce a new Help to Buy scheme...

There’s been widespread speculation that the UK is just weeks away from seeing the launch of a Dutch mortgage product with...

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

The vast majority of high net worth individuals have faced mortgage rejections and had to accept lower loan-to-value ratios than they...

Almost two thirds of first time buyers mortgage completions are in joint names (with two or more people), according to the...

New research indicates that the Bank of Mum and Dad may not be as prevalent as it once was, with the...

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

New research from Aldermore suggests that some 55 per cent of prospective first time buyers are currently seeking to raise a...

Shadow Chancellor Rachel Reeves says first time buyers could benefit from a "revolution in home ownership" with 25-year fixed-rate mortgages. Reeves says...

The UK’s residential mortgage market has started 2024 with the biggest choice of products for prospective borrowers in over 15 years. A...

A high proportion of first time buyers take advantage of some form of assistance when purchasing their initial home. That’s the verdict...

A building society says it is considering ending its policy of lending to buyers of holiday lets. Martese Carton, the director of...

The Conservatives are working on a series of schemes to help first time buyers to be unveiled at the Budget in...

There’s been a sharp decline in household financial confidence in the UK according to the latest UK Finance sentiment survey. The Q3...

Low loan to value ratios from mortgage lenders are leaving an estimated 90,000 new build homes empty across the UK as...

The Nationwide wants greater government support for first-time buyers as rising costs delay owning a home. As one of the UK’s biggest...

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...

Many of the country’s major lenders - and quite a few smaller ones, too - have slashed mortgage rates in response...

A new study by a price comparison platform suggests that many younger Britons are waiting to inherit before buying a home. In...

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

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

A range informal media briefings on behalf of the UK government suggest that an extension of the current mortgage guarantee scheme...

The Nationwide says high interest rates are helping to redefine the housing market in terms of transaction volumes and choices of...

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

It’s now the tenth week that average rates of dropped, as the slow but steady downward trend of fixed-mortgage rates continues.  As...

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

High interest rates are worsening the affordability issues at play in the housing market, the Halifax admits. It says that downward pressure...

Nationwide Building Society has returned to lending at 95 per cent loan to value on non-new build flats. The society reduced its...

After the latest rise in Bank of England Base Rate, mortgage lenders are offering new products to help those struggling to...

Accord Mortgages is making further changes to its buy-to-let and residential rates. For the second time in as many weeks, buy to...

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

Gifts and loans from the Bank of Mum & Dad (BOMAD) totalled £8.8 billion in 2022, according to the latest analysis...

Newcastle Building Society has reported record lendings for 2022 of £586 million. Significant support was provided to Members, clients, and colleagues during...

Advisers looking to place business with Leek Building Society via Legal & General Mortgage Club will now benefit from access to...

Estate agent comparison site, GetAgent.co.uk, claims that after purchasing a property the average homebuyer pays £76,000 during the initial year. In some...

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

New findings by Revolution Brokers reveal exactly how much more money homeowners and buyers can expect to pay for their mortgage...

Deposits for property purchases typically cost 10-15% of the value of the home and saving for one can be particularly challenging, especially for...

After the phenomenal win, England was crowned UEFA Women’s EURO 2022 champions after the 31-game tournament came to an end with...

Although the property market is excelling, sustained levels of buyer demand have caused pertinent delays at the back end of the...

New research by estate and lettings agent, Barrows and Forrester, uncovered the interest rates that homebuyers with a 50-year mortgage are...

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

In this guest piece, Adrian Plant, director of Shared Ownership at Leaders Romans Group and Calum Toone, mortgage advisor at Mortgage Scout, delve into the...

In the UK, homeownership remains one of the main aspirations for young adults and families who envision climbing the property ladder...

Last week (June 16), the Bank of England increased the base rate by 0.25%, up from 1.00% to 1.25%. In response, Moneyfacts.co.uk...

While tenancy disputes did see a year-on-year decline in volume during 2021, the latest industry insight from mydeposits show that there...

The Prime Minister used a housing speech in Blackpool yesterday to outline plans for a wide-ranging review of the mortgage market and housing...

New research from Canopy reveals 10% of UK private renters have been unsuccessful in getting a mortgage, despite 80% never missing...

Often, we are sold the dream of settling down with a partner and purchasing our dream house together – but, what...

New research by sales optimisation platform, Unlatch, shows that within the new-build sector help to buy homes has declined. Since 2013 Help to...

Recently a study was done and revealed by Stipendium, the platform that simplifies life’s complex events such as home moving, that...

First Time Buyer’s Fortnight aims to give potential homebuyers the information they need to make more informed decisions about the home...

This week’s mortgage roundup is all about simplifying the homebuying journey, with a new partnership formed to streamline the buying process and...

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...

Scott Clay at Together - the specialist lender - has shared a few tips for couples considering buying their first home...

More than three-quarters (79%) of mortgage brokers feel optimistic about how the new-build housing market will perform in 2022, new research...

As we’ve entered another New Year, now is as good a time as any to re-evaluate our spending habits and get...

First-time buyers (FTBs) that have bought their home in the last 18-month period since March 2020 have experienced an increasingly expensive...

Deposit Unlock, a mortgage scheme that allows new build buyers to purchase with a 5% deposit, has launched nationally with 17...

New research has shown it will take aspiring first-time buyers significantly longer to get on the property ladder than they expect....

Market estate agency comparison website GetAgent.co.uk recently revealed how the stamp duty holiday has made house prices difficult for the first-time...

Research by an estate agent comparison site has found that the cost of homeownership has climbed by a great margin. GetAgent looked...

Tembo, a London-based FinTech on a mission to transform consumer lending through the power of family, has announced that it has...

New data has found that 89% of mortgage advisers believe first-time buyers need more education on purchasing a property and what...