New research from the Intermediary Mortgage Landers Association suggests that the cumulative shortfall in first-time buyer numbers since the financial crisis...
Archive
UK Finance’s latest arrears and possessions data shows a modest three per cent rise in homeowner mortgages in arrears to 96,580...
13 May 2024
From: Breaking News
Global intelligence company Pepper Advantage, which has a portfolio of over 100,000 UK residential mortgages, says there’s been a dramatic increase...
07 February 2024
From: Breaking News
Bank of England governor Andrew Bailey is warning that ‘future shocks’ may yet derail economic recovery. In a session with MPs at...
15 January 2024
From: Breaking News
The crisis hit Metro Bank is in talks to sell off at least a £3 billion portion of its mortgage book. The...
09 October 2023
From: Breaking News
It’s now one year since former Prime Minister Liz Truss and Chancellor Kwasi Kwarteng’s ill-fated mini-budget, which acted as a catalyst...
04 October 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
Mortgage arrears in the UK jumped by almost a third between April and June compared with the same period last year,...
18 September 2023
From: Breaking News
Lenders have reported the UK's biggest increase in mortgage defaults since 2009 - and they expect worse to come this autumn. The...
18 July 2023
From: Breaking News
Pepper Advantage, a global credit intelligence company with over $60 billion in assets under management, has published a gloomy report on...
27 June 2023
From: Breaking News
Over the last ten years, the mortgage market in the UK has changed significantly. Alongside increased regulation of the industry, stricter...
30 October 2020
From: Legislation, Regulation & Compliance
Interest-only mortgages comprised 20% of new business introduced in Q2 2019, down from 28% is Q2 2007 but significantly higher than...
09 August 2019
From: Breaking News
Half a million households would be at risk of negative equity if there was a drop in the average UK house...
15 February 2018
From: Breaking News
The value of specialist mortgage lenders’ annual lending has increased 19% per year since 2009, according to a new report from...
06 October 2017
From: Breaking News
The mortgage market will reach its highest level of gross lending since the financial crisis during 2017, the Intermediary Mortgage Lenders...
02 May 2017
From: Breaking News
The range and number of mortgage products now available is almost at the same level as before the financial crisis. This is...
22 March 2017
From: Breaking News
Back in 1980 I took out my first mortgage to buy a flat in Birmingham. The flat was very affordable and...
13 June 2016
From: Breaking News
Barclays Bank has this week introduced a new 100% loan-to-value mortgage, aimed at helping struggling first-time buyers get onto the property...
06 May 2016
From: Breaking News
The latest edition of the Bank of England’s Money and Credit Figures show mortgage lending was strong in the first quarter...
03 May 2016
From: Breaking News
Gross mortgage lending surged in March due to the buy-to-let let boom but transactions now look set to drop by 10,000 a...
22 April 2016
From: Breaking News
House price inflation has hit double digits for the first time in almost two years with prices rising more than £20,000 in the...
08 April 2016
From: Breaking News
The number of high-LTV deals aimed at first-time buyers is almost back at pre-financial crisis levels. Mortgages at 90% and 95% LTV...
24 February 2016
From: Breaking News
Interest rate cuts following the financial crisis have reduced annual mortgage costs by more than £22 billion, new figures show. The 4.5 percentage...
28 January 2016
From: Breaking News
2016 will be a critical year for the property market as we see the impact of the global economic slowdown and...
18 January 2016
From: Breaking News
There are now more than 15,000 mortgage products available in the UK, the highest level recorded since the financial crisis of...
30 September 2015
From: Breaking News
The Bank of England has ruled out intervention in the UK buy-to-let market despite fears that its growth could pose a...
28 September 2015
From: Breaking News
August was the strongest month for gross mortgage lending since the financial crisis with loans totalling £20 billion. That is 12% higher...
18 September 2015
From: Breaking News
New figures confirm that buy-to-let continues to outperform the mortgage market but industry experts warn that the forthcoming tax crackdown may...
16 September 2015
From: Breaking News
The cost of buying a home for first-time buyers is £670 a year lower than renting, according to new research by...
24 August 2015
From: Breaking News
The property market is enjoying its strongest August since the financial crisis with a far lower seasonal fall in prices than usual. Prices fell just...
17 August 2015
From: Breaking News
The number of home movers has fallen sharply over the past 12 months and is still far lower than before the financial crisis. But the...
11 August 2015
From: Breaking News
Lenders have started to withdraw their best mortgage deals in advance of the anticipated hike in base rates, threatening rising costs across the...
27 July 2015
From: Breaking News
June was the strongest month for broker mortgage lending since the financial crisis in 2008. Total lending soared 26.5% year-on-year to hit...
21 July 2015
From: Breaking News
The Bank of England has warned that the booming buy-to-let market poses a threat to the financial stability of the UK. It...
03 July 2015
From: Breaking News
Excellent buying conditions have lured Britons back into the overseas property market this year, with bargain property prices and historically low...