Archive

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...

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

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...

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

Monmouthshire Building Society has relaunched its General Client Account, with an enhanced product designed to provide a secure and efficient solution...

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

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...

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

Paragon Bank is offering four new limited edition buy to let mortgages, with two products suitable for landlords with three or...

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

A left-wing academic is suggesting that the new UK Labour government should emulate the US and introduce life-long fixed-rate mortgages. Some 90...

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

One of the Bank of England monetary policy committee members has advised against a cut in base rate on August 1. Jonathan...

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

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

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...

Mortgage-backed housing sales volumes over the last three months are still some 49% below this time last year. A new analysis by...

 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...

Interest rates for borrowers have been volatile over the past six months, despite no change to the Bank of England base...

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

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

Homebuyers are being gazumped due to lengthy property chains and delays in getting a mortgage, new research from Market Financial Solutions...

Paragon Bank has launched a new refurb-to-let deal, offering landlords finance to upgrade their properties. The two refurb-to-let products are designed for...

The European Central Bank has cut its key deposit rate to 3.75% - so moving faster than the Bank of England...

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

Official Bank of England figures shows that net mortgage approvals for house purchases totalled 61,100 in April, little changed from 61,300...

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...

There’s a warning that the general election campaign will probably mean that the interest rate cuts hoped for in June will...

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...

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

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

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...

Higher mortgage rates are a drag on house price growth says Zoopla - and it’s produced startling figures to prove it. The...

Several of the UK’s biggest lenders have raised rates on their mortgage products this week already, as speculation grows that the...

The proportion of buy to let properties purchased in Southern England fell to a record low last year, continuing a trend...

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,...

An analysis of government house price data by business consultancy Hargreaves Lansdown suggests the typical mortgage term for a first time...

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

UK house prices grew in March on a quarterly basis, by 2.0%, with annual growth slowing to 0.3%, from 1.6% in...

Mortgage approvals jumped 7.7% in February to 60,383, and were 40% higher than they were a year ago, new figures from...

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

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...

The Bank of England has signalled that more than one interest rate cut is likely this year - but the question...

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

Some of the biggest names in the trade, lending and advisory sectors have produced a report outlining the vast significance that...

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

Since the start of September 2023, the average two-year fixed rate has fallen from 6.70% to 5.76% and the average five-year...

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

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...

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

Downsizers across England and Wales could unlock an average £305,090 by moving from a four bed to a two bed home,...

Remortgagers, not buyers, are fuelling the increase in mortgage industry activity. That’s the view of Octane Capital following an analysis of Bank...

Diverse views have emerged from financial services figures in response to last week’s news that the headline rate of inflation remained...

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

By Jonathan Samuels, chief executive of specialist property lender Octane Capital, writes: The Bank of England’s decision to hold interest rates on...

At the middle of last week Nationwide slashed its rates to the most competitive of all in the current lenders price...

The number of mortgages offered to home buyers went up from 49,300 in November to 50,500 in December, against the normal...

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

Despite a sharp fall in the number of homes bought by landlords in 2023, the number of limited companies set up...

Banks are reporting that default rates increased in the final quarter of 2023, albeit more slowly than the quarter before -...

There are growing fears that the hoped-for Bank of England base rate cut this spring - the first off possibly several...

Shawbrook has become the first bank in the UK to offer limited companies the ability to remortgage using the digital conveyancing...

The Family Building Society has commissioned the London School of Economics to explore the UK’s housing. Its report - called A Road...

Bank of England governor Andrew Bailey is warning that ‘future shocks’ may yet derail economic recovery. In a session with MPs at...

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

There’s no prospect of a rapid recovery for the housing market in 2024 despite some green shoots appearing. The warning comes from...

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

A poll of leading economists for London-focussed business newspaper City AM reveals that some believe a Bank of England base cut...

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

Three high street lenders - Virgin Money, TSB and Skipton Building Society - have joined the commitment to offer mortgages on...

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

A warning has been given to borrowers and the home owning public by Paul Broadhead, head of mortgage and housing policy...

Crystal Specialist Finance has conducted its Annual Survey with over 10,000 brokers for the second year running. The point is to see...

Mortgage rates are predicted to fall next year as lenders take advantage of cheaper funding, after figures show that average swap...

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

With the Bank of England maintaining base rate - as expected - at 5.25 per cent, the broker community ends 2023...

Homeowners are increasingly researching into mortgage repossessions online, signalling that many are worried about falling behind on their payments. The research by...

Hodge is removing height restrictions from its lending criteria, meaning it will accept applications for mortgages on homes in England that...

London accounts for the highest proportion of homebuyers using family inheritance to fund property purchases, according to compliance platform Thirdfort.  Some 18...