Archive

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

The Bank of England has been sharply criticised for an “attack on homeowners” due to its refusal to cut rates. The Monetary...

Buckinghamshire Building Society has launched a new non-standard credit buy to let mortgage, following what it calls “significant broker demand.”   The BTL...

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

UK Finance’s latest arrears and possessions data shows a modest three per cent rise in homeowner mortgages in arrears to 96,580...

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

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

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

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

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 Nationwide Building Society has agreed to buy Virgin Money in a £2.9 billion deal - a rare example of a...

UK Finance says there were 93,680 homeowner mortgages in arrears of 2.5 per cent or more of the outstanding balance in...

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

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

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

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...

The Bank of England says there was £18.8 billion of mortgage borrowing in arrears in the third quarter of this year. That’s...

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

Homeowners are increasingly researching into mortgage repossessions online, signalling that many are worried about falling behind on their payments. The research by...

There’s been a sharp decline in household financial confidence in the UK according to the latest UK Finance sentiment survey. The Q3...

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

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

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

Lenders’ trade body UK Finance says there were 11,540 buy to let mortgages in arrears of 2.5 per cent or more of...

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

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

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...

Mortgage arrears in the UK jumped by almost a third between April and June compared with the same period last year,...

New analysis of personal guarantee requests from lenders for Limited Company Buy to Let mortgage, has found that the average personal...

UK Finance’s latest Household Finance Review - for the second quarter of this year - lifts the lid on mortgages. The headlines...

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 pandemic has had lasting effects on the property sector and market analysis from Total Landlord Insurance discloses that the average...

Every day on the news we hear more and more about the ever-mounting cost-of-living in the UK, and households are now...

Borrowers are turning to second charge mortgages to help alleviate financial issues, according to Knowledge Bank’s latest criteria tracker. ‘Capital raising for...

The housing industry, like many other sectors, experienced a tumultuous 2021 as the pandemic continued to trigger exponential house price rises....

Data from Legal & General Mortgage Club’s SmartrCriteria tool found that searches for furlough friendly mortgage criteria continued to fall month...

The latest mortgage search activity data from Legal & General Mortgage Club (L&G) shows signs that the market is beginning to...

LiveMore has announced a reduction of its standard fixed rates from five-year up to lifetime. Launched last week, the seven, 10 and...

Specialist buy-to-let lender Zephyr Homeloans has introduced an online self-serve platform to allow customers to manage their mortgage account online 24/7. Landlords can use...

Knowledge Bank’s criteria index for February has revealed some surprise results, with some sectors experiencing unprecedented change. It was all change in...

An estimated 1.26 million people with adverse credit are looking to buy a property in the next 12 months, according to...

The majority (61%) of current and soon-to-be homeowners in the UK don’t fully review their mortgage agreement before signing it, and...

The number of mortgages in arrears has declined in the second quarter (Q2) of this year, being the lowest level since...

Buy-to-let landlords enjoyed total annual returns of 12.2% over the last year helped by the flurry of purchases in the run-up...

Buy-to-let rents rose by 3.4% during 2015 at the fastest pace since 2011, new figures show. The average UK rent is now...

A growing number of tenants are now seriously behind on their rent, new figures show. The number who were more than two...

Mortgage arrears and repossessions hit a new low in the third quarter but brokers have warned against borrower complacency. They fear borrowers...

One in five landlords say they will be forced out of business in the next two years by Chancellor George Osborne's...

Landlords are struggling to cash in on the buy-to-let boom because of growing difficulties getting mortgage finance, new research has found. One...

Repossession rates have fallen to another new low but brokers warn that will quickly reverse when interest rates finally start rising. Repossessions...