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...

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...

Older home owners taking equity release from their properties are, on average, £12,400 worse off today than they were last year,...

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...

There’s no question that fixed rate mortgages are the product of choice among the majority of borrowers. It’s not just the...

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

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

The positive impact of this month’s Bank of England base rate cut, combined with other encouraging market data, has led Rightmove...

Legal & General’s Suburban Build-to-Rent platform - known as LGSBTR - is working with the Vistry Group on a £40m deal...

A new study by David Wilson Homes reveals over half of Britons are unfamiliar with the stamp duty fee – and...

Digital property pack provider Moverly has analysed the average time it takes to sell a home in 12 countries - and...

Unencumbered rental properties present a big opportunity for brokers to grow buy to let business, says financial specialist Brightstar. In a video...

It will take no less than 18 years for all private rental properties to achieve an EPC rating of C or...

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

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

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...

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

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...

Nationwide has joined a year-old campaign to speed up the home buying process through increased digitisation. The society has joined the Open...

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

New research suggests that last year cash buyers accounted for the highest percentage of market activity seen in the last decade...

The average age of landlords acquiring new rental property with a buy to let mortgage has fallen over the past decade,...

Half of all UK homes have increased in value in the first half of 2024 by 1% or more, says Zoopla. This...

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

Virgin Money has launched The Retrofit Boost, a new mortgage product designed to help home owners improve their property’s energy efficiency. The...

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

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

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...

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

The Conservatives are set to lose nearly half of homeowner votes this week, latest polling from national estate agency Jackson-Stops reveals....

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

Intermediary the Mortgage Advice Bureau claims to be breaking new ground by partnering with Effective Home to transform the landscape of...

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

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...

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...

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

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...

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

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

Analysis by an estate agency shows that since the 1980s, house prices have climbed by an average of 5.4% in the...

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

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...

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

Leaders. Romans Group, one of the UK's leading property services groups, has rebranded and amalgamated Start Financial Services into Mortgage Scout. Start...

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

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

Optimus has renewed its long-term partnership with fee-free mortgage adviser London & Country (L&C). Optimus claims that the new contract “will further...

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

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

Property Circle, which calls itself “the growth platform for mortgage brokers, estate agents and letting agents” has appointed a PropTech high-flyer...

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

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...

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

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...

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

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

Real estate finance and investment business TAB has launched a long-term lending service extending to all stages of a property’s life...

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

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

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...

The number of new sellers coming to the market is up by 12% compared to this time a year ago, and...

Large gaps remain between Mortgage Approval Prices and Asking Prices - even though there is some evidence of vendors and agents...

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

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

The ESTAS awards event in October has a new principal partner. It’s Landmark Information Group, which includes Landmark Estate Agency Services, Searchflow,...

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

John Charcol’s` new owners say they will grow the adviser base and diversify and develop the product offering of the high-profile...

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

Fall throughs are costing sellers some £909m a year - and that’s even on recent muted sales figures. Home Sale Pack has...

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

Shared ownership has failed to deliver an affordable route to home ownership for too many and for too long, says a...

A property software business says its research shows that the housing market revival is driven by the premiums levied on new...

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

Suffolk Building Society has introduced a tiered approach to its Interest Cover Ratio assessment for buy to let and holiday let...

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

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...

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...