Archive

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...

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

The Equity Release Council (ERC) has unveiled new guidance for member firms to consider when launching retrofit lifetime mortgages.   In consultation with...

Bridging loan books continued to grow to record levels in the second quarter of 2024, reaching nearly £8.4 billion, according to...

Marsden Building Society has announced several changes to its expat mortgage criteria, including accepting British Nationals Overseas Persons (BNOPs) and foreign...

Portfolio landlords seeking a new mortgage or remortgage are being warned of growing personal guarantee risks. Purbeck Insurance Services claims personal guarantee...

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...

Kate Davies, executive director of the Intermediary Mortgage Lenders Association (IMLA), says rent controls are not the magic answer to problems...

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

April Mortgages, the lender seeking to introduce Dutch-style longer-term products, has reduced the interest rates on its range of five to...

A poll of surveyors shows strong support for the idea of pre-sale surveys. When asked whether the new Government should introduce mandatory...

The Financial Conduct Authority has secured an order of £4m against an unauthorised mortgage broker and its associates who exploited vulnerable...

The Mortgage Works (TMW) has reduced rates by up to 0.45 percentage points across its product range, with rates starting from...

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

Zephyr Homeloans, the specialist buy to let mortgage provider, has launched a two-year, fixed, 80% mortgage product across its standard, HMO...

Speculation continues to mount about the likely decision by the Bank of England’s monetary policy committee when it debates base rate...

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...

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

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

The lenders’ trade body, UK Finance, has published a report examining why some landlords are falling into mortgage arrears and why...

Landbay has announced a raft of rate reductions across its buy to let product range, with rates falling by as much...

NatWest has announced it will introduce new Airbnb-friendly mortgage terms that embrace home sharing via short lets. And now Airbnb wants...

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...

UK lender Standard Life Home Finance has announced a new EPC scheme to encourage consumers to make their homes more sustainable.   Upon...

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

Estate agents’ body Propertymark has issued a report called ‘A Dickensian Legal Process’ exploring why it takes long and longer to...

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

Atom, a UK app-based bank, has been accredited as a lender by the British Business Bank under the new Growth Guarantee...

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

Brokers can look forward to a strong second half of 2024, according to an industry leader. Rob Jupp, group chief executive at...

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

Mortgage Brain’s Mortgage Vision roadshow is back this autumn. The mortgage technology provider is heading to new locations with an expanded line-up...

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...

HSBC has made extensive cuts to rates levied on a vast range of residential and buy to let mortgages, coming into...

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

The significant majority of mortgaged residential properties currently below Energy Performance Certificate band C could achieve band C or above by...

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

There’s been particularly sharp criticism for the Bank of England’s decision at the end of last week to hold base rate...

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...

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

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

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

Newcastle for Intermediaries has launched a new mortgage platform for its broker partners.   Following the announcement of its new broker website and...

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...

Building societies' mortgage balances grew in the six months between October 2023 and March 2024, when they had declined across the...

FinTech company Mortgage Brain has partnered with large scale buy to let lender The Mortgage Works to host a free Mortgage...

Dudley Building Society has made its residential large loan mortgage range accessible to all brokers. Up until now, access to the building...

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

UK digital bank Chetwood Financial has completed the acquisition of the buy to let mortgage lender CHL Mortgages for Intermediaries from...

LiveMore, the mortgage lender for people aged 50 to 90 plus, has launched a new up to 100% standalone debt consolidation...

The latest report from the Intermediary Mortgage Lenders Association (IMLA) reveals that intermediary confidence in the industry increased in Q1 2024. Some...

There was good news over the weekend as rates reductions announced late last week kicked in. Barclays has cut a number of...

Many buy to let landlords have made financial changes during the cost of living crisis to mitigate the rising costs of...

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

Nottingham Building Society has partnered with insurance technology firm, Uinsure to provide home insurance quotes in as little as 60 seconds. Members...

Interest rates for borrowers have shown mixed signs of both rises and falls over the past six months. Moneyfactscompare has analysed...

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...

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

A report on there Bloomberg news agency suggests that the Nationwide Building Society is using new technology to identify areas at...

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

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

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

A new survey suggests that almost half a million Britons are set to miss a mortgage payment in the next six...

Lloyd’s pre-tax profits were just £1.6 billion between January and March, down from £2.3 billion for the same period last year. The bank...

Five major lenders - NatWest, Barclays, Accord, Leeds Building Society and HSBC - have all announced rate increases so far this...

New Financial Conduct Authority statistics display housing market turbulence over the past two years, raising concerns about buyers and lenders in...

Specialist lender Hodge has joined forces with Propflo, a PropTech startup, to help customers make their properties more energy-efficient and environmentally...

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

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

Monthly payments on some 123,000 home loan accounts were cut in the first eight months of the government’s Mortgage Charter.   The...

UK house prices fell by 0.2% in March. Nevertheless, the annual rate of house price growth edged higher to 1.6% in...

Mortgage advisers Larry Barreto and Tassib Hussain have been sentenced for fraud offences following a prosecution brought by the Financial Conduct...

There’s been a huge rise in the number of buy to let property repossessions in the first quarter of 2024 compared...

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

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

Legal & General Mortgage Club has added April Mortgages to its lender panel, giving additional exposure to April’s long-term fixed-rate remortgage...

Aldermore has signed the Armed Forces Covenant in the presence of two-star Air Vice-Marshal Ranald Munro and several colleagues who have...

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

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

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...

Mortgage lender Halifax is imposing a new 70-year age limit on the terms of its home loans for some borrowers. This has...

New Mortgage Lenders and Administrators statistics for Q4 2023 paint a very worrying picture of the mortgage market. That’s the view of...

Fewer people are concerned about paying their mortgage and fewer believe mortgage affordability is a barrier to home buying.  That’s the verdict...

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

The average shelf-life of a mortgage product is just 15 days, with lenders increasing fixed rates, says Moneyfacts. Average mortgage rates on...

Some 40% of residential landlords with a mortgage - fixed, tracker or discount - are due to renew their mortgage rate...

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

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...