Archive

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

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

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

Gifts and loans from the Bank of Mum & Dad totalled £9.4 billion in 2023, according to the latest analysis from...

Mortgage approvals on house purchases for June were 59,976 according to the Bank of England - down marginally (0.3%) from 60,134...

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

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

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

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

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

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

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

Overall, the total value of the UK housing market contracted by 21% in the year to March 2024, on the back...

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

A number of major mortgage lenders have announced rate increases just as the election campaign enters its second half. Barclays has increased...

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...

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

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

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

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

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

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...

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

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

Savills has today upgraded its five-year UK mainstream house price forecast to reflect the stronger than expected start to the year...

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

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...

Chorley Building Society has extensive enhanced its mortgage range with new products for limited company buy to let investors, holiday lets,...

There’s been a bevvy of buy to let mortgage deal changes this week. Shawbrook has made a series of reductions across its...

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

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

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

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

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...

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

Leek Building Society has used its annual report and publication of accounts to mount a stout defence of its methodology regarding...

Kent Reliance for Intermediaries - part of the OSB Group - has refreshed products across their residential, buy to let, and...

Sharia-compliant digital bank Nomo - part of Bank of London and The Middle East plc (BLME) - has linked with a...

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

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

The Cambridge Building Society has re-introduced top slicing on its standard Buy to Let range up to 80 per cent LTV. This...

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

April Mortgages has struck a deal for new technology to help it introduce Dutch-style loans into the UK. The new mortgage type...

Foundation Home Loans has launched two HMO products for first-time landlords under its ‘Buy to Let by Foundation’ wrapper. Both are available...

The Intermediary Mortgage Lenders Association has given the thumbs down to the Budget of Chancellor Jeremy Hunt. The trade body was disappointed...

A building society has launched a pilot project banning mortgage lending on holiday lets in two tourist areas for 12 months. Leeds...

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

There were 29,060 new mortgages taken out by older borrowers over 55 in the last three months of 2023 - down...

After reaching the milestone of £250m in 2022, specialist lender Cohort Capital increased originations by 60 per cent in 2023 to...

The latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association reveals that confidence has returned to the mortgage market,...

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

With the quick-fire mortgage rate cuts which characterised the past month now slipping into the rear-view mirror, the latest changes from...

Global intelligence company Pepper Advantage, which has a portfolio of over 100,000 UK residential mortgages, says there’s been a dramatic increase...

Access Financial Services has partnered with Nomo Bank to offer Sharia-compliant property finance for UK rental and residential property. The products address...

There are clear signs the commercial property market is adjusting to today’s high interest rate environment according to specialist lender Together. Its...

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

The negative effects of higher mortgage rates on affordability were overestimated throughout 2023 with house prices having dropped one one to...

Mortgages for Business is rebranding to Mortgage Finance Brokers, or MFB. A statement from managing director Gavin Richardson says: “It’s now a...

Leading agency Knight Frank says demand for new homes is generally robust, dependent upon the location and pricing.  It says its regional...

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

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

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

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

Two organisations have joined forces to create a new platform dedicated to providing holiday let mortgages. Holiday Cottage Handbook Financial Services claims...

Some 74 per cent of residential buy to let landlords feel confident about the performance of the property market over the...

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

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

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

Low loan to value ratios from mortgage lenders are leaving an estimated 90,000 new build homes empty across the UK as...

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

Many of the country’s major lenders - and quite a few smaller ones, too - have slashed mortgage rates in response...

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

A residential mortgage lender is using AI to help brokers attract more customers as well as engage existing customers. MPowered Mortgages says...

A host of lenders have announced cuts to their rates in recent days, with Halifax arguably the most significant. It’s launched three-year...

Skipton Building Society has made what some brokers call an “unprecedented move” by offering rates for existing borrowers switching products starting...

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...

The interest rate on the average five-year fixed mortgage has dropped below 6.0 per cent for the first time in nearly...

Estate agency group My Property Box has launched a financial services arm. My Property Box Financial Services offers advice on a wide...

LendInvest has launched automatic DIPs - decisions in principle - as part of its latest platform update. The automated DIP process means...

A study of 7,000 people by a specialist predicts the UK specialist residential mortgage market will treble to £16 billion by...

Legal and General Mortgage Club members will now be able to access LendInvest's new Residential Mortgages range, as well as its...

Bluestone Mortgages is quitting the buy to let sector and says it will focus entirely on the owner-occupied mortgage market. It has...

New figures relating to the government’s mortgage guarantee scheme shows significant numbers of people taking out high loan to value mortgage...

LendInvest has announced a £500m investment to contribute towards the cost of new Buy To Let and Residential Mortgage products. This new...

Companies representing some 85 per cent of all mortgage lending have signed up to a new charter.  The lenders claims they have...

Pepper Advantage, a global credit intelligence company with over $60 billion in assets under management, has published a gloomy report on...

Trade body UK Finance has issued a timely reminder to the mortgage lending sector of its obligations to borrowers struggling following...

The latest monthly criteria index from Knowledge Bank highlights the pressing financial difficulties for many in the UK - and with...

The Intermediary Mortgage Lenders Association wants the government to give additional support to landlords It says the cumulative effects of regulatory and...

A new analysis by Moneyfactscompare - perhaps still better known by its old name, Moneyfacts - shows precisely how many mortgage...

It’s turning into a buyers’ market as sellers are accepting on average £14,000 or 4% less than their asking price, according...

Accord is once again cuts rates across its residential mortgage range by between 0.15% and 0.25%, at a time when market...

Accord Mortgages is making further changes to its buy-to-let and residential rates. For the second time in as many weeks, buy to...

SHW has announced that it has promoted two of its Directors to Partner level, taking its Partner total to 25. Gemma Quinn...

Gifts and loans from the Bank of Mum & Dad (BOMAD) totalled £8.8 billion in 2022, according to the latest analysis...

Saffron Building Society has announced a full product refresh across its mortgage portfolio, focused on helping borrowers in need of larger...

Newcastle Building Society has reported record lendings for 2022 of £586 million. Significant support was provided to Members, clients, and colleagues during...