Archive

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

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

April Mortgages has rolled out its range of longer-term fixed rate mortgages to all brokers at SPF Private Clients.   SPF Private Clients...

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

Both mortgage and landlord possessions actions have continued to rise in the current quarter. Mortgage claims have reached their highest volume...

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

More than half of mortgage intermediary firms are expanding, reflecting growing optimism amongst brokers, Paragon Bank research reveals.   The summer edition of...

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...

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

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...

Lettings agency giant Connells says the private rental sector performed strongly in the second quarter of 2024 despite worries over future...

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

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

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

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

New research from the Intermediary Mortgage Landers Association suggests that the cumulative shortfall in first-time buyer numbers since the financial crisis...

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

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

 A new first-time buyer study from Rightmove reveals that the average first-time buyer mortgage payment has risen by 61% since the...

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...

Mortgage experts have criticised the Reform UK housing and tax policies as being superficially appealing but risking a return to the...

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...

UK Finance has released its financial services manifesto, outlining key priorities the next government should focus on. David Postings, Chief Executive of...

The mortgage market is resilient enough to endure temporary political uncertainty created by next month’s General Election. That’s the view of Jonathan...

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

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...

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...

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

An analysis of period property transactions reveals that demand has slumped as low as 39.2% of previous highs because of premiums...

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

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

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

Independent mortgage monitor service Moneyfacts says rises to average two- and five-year fixed mortgage rates have gained pace month-on-month. The overall five-year...

HSBC has made a slew of changes and increases to its residential and buy to let mortgage products. The bank is introducing...

The average selling price of property across Edinburgh, the Lothians, Fife and the Borders during February-April was £269,963, some 1.5% higher...

The mutual has announced a refresh of its product range to ensure it continues to meet the complex needs of today’s...

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

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...

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

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...

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

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

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

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

FinTech company Mortgage Brain has struck a strategic partnership with SPF Private Clients, a whole-of-market mortgage broker. The deal caters for a...

HSBC used the Easter period to launch its Energy Efficient Homes range, tailored for UK residential first time buyers, home movers...

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

The beleaguered construction sector - a good early indicator of later sales activity - has seen a welcome boost in some...

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

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

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

Experts have lashed out at lenders who reprice products, sometimes with just a few hours’ notice. And many suggest that lenders are...

Hampshire Trust Bank has launched a limited edition two year discounted Flex tracker across its buy to let and semi-commercial offerings....

Hodge has made significant changes to its 50+, Retirement Interest Only (RIO) and Holiday Let Mortgage property criteria. The updates include the...

The Financial Conduct Authority is working with 12 lenders and administrators to probe the interest-only mortgage market. The number of IO and...

Some 42 per cent of regulated firms are reporting a rise in financial crime attempts, while more than a quarter say...

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

High street bank Virgin Money UK says there is light at the end of the tunnel for mortgages and the housing...

Unbiased, a platform for connecting with prospective clients, has slashed charges it imposes on mortgage advisers for a second consecutive month. Unbiased...

MPowered Mortgages is changing its lending criteria for Tier 2, high-skilled foreign nationals across its range of products. It says this forms part...

London estate agency Foxtons says its latest survey shows a major uptick in the confidence of potential sellers.  While 38 per cent...

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

Lifetime mortgage fund usage continues to show a mixture of aspirational and needs-based borrowing, according to figures from lender Pure Retirement....

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

The average price of property coming onto the market for sale rises by 1.3 per cent (equivalent to £4,571 for an...

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

A regular financial resilience barometer from a leading consultancy shows that the debt position of the lowest fifth of earners has...

Three years ago the Financial Conduct Authority banned discretionary commission arrangements in a bid to end the incentive for brokers to...

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

A property-focussed law firm claims it takes a whole working day to obtain a Mortgage In Principle and up to six...

Metro Bank says it will not, after all, be selling its residential mortgage portfolio despite widespread industry speculation that it was...

UK Finance has published its housing and mortgage market forecasts for 2024 and 2025 together with projections for 2023 full year numbers. Key figures for 2023 In...

Cases of buy-to-let arrears have doubled in a single year, according to a new analysis. The research, from Octane Capital, analysed quarterly...

There’s been a 46 per cent increase in ‘for sale’ stock hitting the market as sellers look forward to a Boxing...

A report on Sky News says talks are underway for Barclays hto acquire the £3 billion mortgage book of the troubled...

A new analysis of the new build housing market for next year suggests that eventually there will be a bounce, triggered...

New data from Legal & General - based on searches to its Ignite platform - suggests a diverse mortgage market during...

The nation’s landlords are responding to higher levels of mortgage interest rates by cutting their borrowing. The research comes from specialist property...

A new personal guarantee insurance protection service has been launched for professional landlords - triggered by a surge  in incorporation. Purbeck Personal Guarantee...

Homeowners in Wales who are struggling with their mortgages could get loans that are interest-free for the first five years under...

The equity release market has seen growth for the first time in 12 months with quarterly increases in both new customers...

Global credit intelligence provider Pepper Advantage, which has a 100,000+ UK residential mortgage portfolio, says arrears in this country have seen...

The Bank of England has held base rate at 5.25 per cent, with most analysts saying this is likely to be...

The UK's largest mortgage lender expects house prices to fall this year and next before rising in 2025. Lloyds Banking Group -...

The Bank of England is expected to hold base rate at 5.25 per cent this week with many analysts expecting this...

Landlords in the UK are paying 40 per cent more mortgage interest than in August 2022, which equates to an extra...

There are growing fears of yet another Bank of England base rate rise next month following the surprise inflation figure released...

Two prominent UK house builders have warned of sharply reduced volumes in the next year or so as buyers struggle to...

A Bank of England report has expressed concern at the number of homeowners - especially young first time buyers - taking...

The buy-to-let sector has seen fixed rates fall and product choice grow month-on-month, according to the latest analysis by Moneyfactscompare. Overall buy-to-let...

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