The average shelf-life of a mortgage product has dropped to just 17 days, down from 30 days a month, according to...
Archive
The lenders’ trade body, UK Finance, has published a report examining why some landlords are falling into mortgage arrears and why...
24 July 2024
From: Breaking News
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...
17 July 2024
From: Breaking News
Interest rates for borrowers have been volatile over the past six months, despite no change to the Bank of England base...
24 June 2024
From: Breaking News
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...
12 June 2024
From: Breaking News
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...
20 May 2024
From: Breaking News
Interest rates for borrowers have shown mixed signs of both rises and falls over the past six months. Moneyfactscompare has analysed...
13 May 2024
From: Breaking News
Bank of England base rate has been held at 5.25% - where it has been for nine months. The Bank’s monetary policy...
13 May 2024
From: Breaking News
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...
25 March 2024
From: Breaking News
The average shelf-life of a mortgage product is just 15 days, with lenders increasing fixed rates, says Moneyfacts. Average mortgage rates on...
18 March 2024
From: Breaking News
Some 40% of residential landlords with a mortgage - fixed, tracker or discount - are due to renew their mortgage rate...
18 March 2024
From: Breaking News
Average mortgage rates on the overall two- and five-year fixed rate deals have now been falling for six consecutive months. The overall...
19 February 2024
From: Breaking News
A high proportion of first time buyers take advantage of some form of assistance when purchasing their initial home. That’s the verdict...
15 January 2024
From: Breaking News
Beverley Building Society has entered the buy to let market with two new products. Its variable rate BTL for UK customers is...
08 August 2023
From: Breaking News
Trade body UK Finance has issued a timely reminder to the mortgage lending sector of its obligations to borrowers struggling following...
27 June 2023
From: Breaking News
A leading analyst is warning that a remortgage nightmare lies await in the second half of 2023. Sarah Coles of business consultancy...
06 June 2023
From: Breaking News
After the latest rise in Bank of England Base Rate, mortgage lenders are offering new products to help those struggling to...
23 May 2023
From: Breaking News
Mortgage interest rates increased by 2.56% in 2022, with a sharp increase from 1.51% in January to a record 4.07% on...
28 March 2023
From: Breaking News
Newcastle Building Society has reported record lendings for 2022 of £586 million. Significant support was provided to Members, clients, and colleagues during...
07 March 2023
From: Breaking News
People aged 18-24 are more than twice as likely to choose a tracker mortgage than any other age group Those 55 or...
07 February 2023
From: Breaking News
The Bank of England last week hiked interest rates by 0.5 percentage points - pushing the benchmark rate to 4% up...
07 February 2023
From: Breaking News
New findings by Revolution Brokers suggest that despite the increasing cost of borrowing, buying is less expensive than renting. The analysis was conducted by...
01 November 2022
From: Breaking News
New research by Revolution Brokers show that the average monthly cost of a variable rate mortgage has climbed by 13.3% so far...
18 October 2022
From: Breaking News
Not the best news for the property sector, as the latest research by Revolution Brokers, shows that the monthly cost of...
06 October 2022
From: Breaking News
Hertfordshire-based bridging lender TAB completed an impressive £34 million of loans back in August – up from £30 million in June...
20 September 2022
From: Breaking News
New findings by Revolution Brokers reveal exactly how much more money homeowners and buyers can expect to pay for their mortgage...
15 September 2022
From: Breaking News
Last week (June 16), the Bank of England increased the base rate by 0.25%, up from 1.00% to 1.25%. In response, Moneyfacts.co.uk...
21 June 2022
From: Breaking News
A property expert has predicted that mortgage applicants are likely due to experience some difficulties being approved for loans. It was stated...
26 April 2022
From: Breaking News
As the weather begins to warm up, many will be starting to think about giving their homes a seasonal spring clean....
05 April 2022
From: Breaking News
As far as the UK Government is concerned, the threat from COVID is over. In its wake, a new battle, the...
22 March 2022
From: Breaking News
Some 3.2 million adults in the UK have missed some form of major payment over the last two years as the...
15 March 2022
From: Breaking News
With the interest rate rising from 0.25% to 0.5%, Brian Murphy, head of lending at Mortgage Advice Bureau, shares his top tips homeowners...
22 February 2022
From: Breaking News
In the first mortgage roundup of 2022, Introducer Today takes a look at the latest mortgage news, from Landay’s bolstered Green...
18 January 2022
From: Breaking News
With the Bank of England raising interest rates for the first time in more than three years, Brian Murphy, head of lending...
23 December 2021
From: Breaking News
Nisha Vaidya, mortgage expert at Uswitch, explains how homeowners can use low-interest rates to their advantage and help make their mortgage more...
28 October 2021
From: Breaking News
Most people are willing to pay a ‘certainty premium’ of £1,200 per year for a long-term guarantee of fixed mortgage repayments,...
21 October 2021
From: Breaking News
The past year has seen many people experience a change in their financial circumstances. The Covid-19 pandemic resulted in work-life changes...
04 June 2021
From: Breaking News
Vernon Building Society has announced a new competitively priced mortgage, available up to 90% of the property’s value. The mortgage is designed...
01 April 2021
From: Breaking News
The MCI Mortgage Club has added LiveMore Capital to its panel, expanding its range of products to include retirement interest-only (RIO)...
12 August 2020
From: Breaking News
Paragon has launched a new range of buy-to-let purchase and remortgage products for portfolio and non-portfolio landlords. The discounted rates for two...
19 November 2019
From: Breaking News
Intermediaries can now access a discount for term retirement interest-only (RIO) mortgage from Hinckley & Rugby. The building society is offering its...
04 September 2019
From: Breaking News
Less than 5% of tracker rate mortgages are available on the market, which reflects the current ‘lack of appetite’ for variable...
14 August 2019
From: Breaking News
Dudley Building Society is giving customers the chance to consolidate their mortgage and rental payments from a shared ownership or Help...
07 August 2019
From: Breaking News
Bridging and development finance lender Roma Finance has launched a five-year mortgage to allow investors to purchase or refinance investment property. Through...
02 August 2019
From: Breaking News
Hinckley & Rugby Building Society has launched a Retirement Interest Only (RIO) mortgage exclusively through Legal & General Mortgage Club. Members of...
03 May 2019
From: Breaking News
A staggering £15.4 billion of annual interest is being paid by mortgage borrowers sitting on their lenders’ standard variable rate (SVR),...
23 November 2018
From: Breaking News
Leeds Building Society has launched two new discounted but-to-let mortgages. The society aims to support landlords to actively manage their property portfolios...
23 November 2018
From: Breaking News
First-time buyers and others with small deposits took a greater share of the market last month than in August, according to...
17 October 2018
From: Breaking News
As many as one in three UK homeowners don’t know what mortgage rate they are on, potentially costing them thousands of...
17 October 2018
From: Breaking News
Bluestone Mortgages has announced the launch of its new Help to Buy range which will cover the England and London schemes. Available...
03 October 2018
From: Breaking News
TMA Club has welcomed Masthaven, the specialist lending bank, to its lender panel to provide a broad range of products to...
24 May 2018
From: Breaking News
Demand for five-year fixed rate remortgages has fallen to the lowest level since July 2017, according to conveyancing service provider LMS. The...
27 April 2018
From: Breaking News
Newbury Building Society has introduced a new variable rate product at 2.99%, further improving its Shared Ownership mortgage offering. While the product...
16 January 2018
From: Breaking News
Legal & General Mortgage Club has added two Shawbrook Bank products to its lending panel. The products cater for second charge and...
21 December 2017
From: Breaking News
Remortgaging has reached a record high, rising to 39% of all mortgages, according to The Mortgage Hut. The number of remortgages has...
05 December 2017
From: Breaking News
Borrowers are still opting for variable mortgages despite the Bank of England base rate increase, new figures from Yorkshire Building Society...
14 November 2017
From: Breaking News
Yorkshire Building Society has seen a surge in fixed rate mortgage applications from borrowers ahead of a potential Bank of England...
31 October 2017
From: Breaking News
Legal & General Mortgage Club has joined Darlington Building Society to introduce exclusive discount mortgages, aimed at first-time buyers, homeowners or...
05 September 2017
From: Breaking News
Shawbrook’s Residential Mortgages team announced that it has lowered the fixed and variable rates on its 55 Plus Interest-Only Mortgage. With interest-only...
31 August 2017
From: Breaking News
TMA Mortgage Club is giving its members an exclusive fee-free 75% LTV discount rate deal following its partnership with The Melton...
29 August 2017
From: Breaking News
Bank customers are at risk of paying an extra £400 if they chose not to remortgage after their fixed term deal...
01 August 2017
From: Breaking News
A significant rise in people re-mortgaging to improve their existing homes could hit the new-build property market during 2017, mortgage broker...
22 February 2017
From: Breaking News
Vida Homeloans and Mortgage Intelligence have announced a new tie-up, allowing Mortgage Intelligence members access to Vida’s specialist residential mortgage range. Vida,...
17 February 2017
From: Breaking News
Two competitive variable rate products for 90% loans have been launched by Furness Building Society. Suitable for first-time buyers as well as...
24 August 2016
From: Breaking News
Two competitive variable rate products specifically for loans between £300,000 and £500,000 have been launched by Furness Building Society. Suitable for loans...
26 July 2016
From: Breaking News
Teachers Building Society has announced the launch of a Help to Buy mortgage which will be discounted for two years. The new...
17 June 2016
From: Breaking News
One third of UK mortgage holders don't know what interest rate they are on, new research shows. This means that than 5 million people...
19 May 2016
From: Breaking News
New figures show the housing market defying the traditional seasonal slowdown in December as mortgage approvals hit a two-year high. The number of...
02 February 2016
From: Breaking News
Newcastle Intermediaries (NI) has updated its buy-to-let mortgage range by unveiling two new fixed rates. The two-year fixed rate product charges 2.59% (APR...
25 January 2016
From: Breaking News
Newcastle Intermediaries has launched a new best buy two-year fixed-rate as new figures show rates continue to fall. It has unveiled a two-year...
09 December 2015
From: Breaking News
Stafford Railway Building Society is reminding older borrowers that they can take advantage of its standard variable rate mortgage up to...
27 November 2015
From: Breaking News
HSBC has announced a reduction in a wide range of home loan rates. The bank has cut the cost of a...
02 October 2015
From: Breaking News
New research suggests that now is the perfect time to remortgage as more products hit the market and rates fall significantly. As...
22 September 2015
From: Breaking News
Homeowners with variable rate mortgages remain dangerously exposed to rising interest rates, new research suggests. Three out of four homeowners on a...
08 September 2015
From: Breaking News
The buy-to-let mortgage boom continues with rates falling sharply while the number of products on the market hits a seven-year high of 1,000. The average...
26 August 2015
From: Breaking News
Four out of five new mortgages are fixed rates as borrowers increasingly turn their back on tracker deals. Borrowers are also fixing for...
14 August 2015
From: Breaking News
Brokers and analysts don't expect base rates to rise until at least 2016 after the Bank of England held base rates...
07 August 2015
From: Breaking News
As mortgages plunge to record lows borrowers no longer have to pay more for the security of a fixed rate. The difference...