Archive

April Mortgages has improved its capital raising criteria, to make it easier for borrowers looking to raise additional capital for gifting...

Rightmove says the scale of rate cuts being announced by lenders - including the first sub-4% mortgage in many months -...

The industry is sceptical about the effectiveness of Labour’s nw ‘Freedom To Buy’ initiative, which effectively makes the current mortgage guarantee...

The Building Societies Act 1986 (Amendment Bill) successfully passed its legislative stages as part of the last minute ‘wash up’ of...

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

Rightmove says the housing market needs a more innovative mortgage initiative than the 99 per cent idea floated by the government. The...

Average mortgage rates on the overall two- and five-year fixed rate deals have now been falling for six consecutive months. The overall...

There’s been widespread speculation that the UK is just weeks away from seeing the launch of a Dutch mortgage product with...

Business consultancy Hargreaves Lansdown has identified three major risks associated with the current market, characterised by falling house prices and larger...

Almost two thirds of first time buyers mortgage completions are in joint names (with two or more people), according to the...

New research indicates that the Bank of Mum and Dad may not be as prevalent as it once was, with the...

New research from Aldermore suggests that some 55 per cent of prospective first time buyers are currently seeking to raise a...

Shadow Chancellor Rachel Reeves says first time buyers could benefit from a "revolution in home ownership" with 25-year fixed-rate mortgages. Reeves says...

The Conservatives are working on a series of schemes to help first time buyers to be unveiled at the Budget in...

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...

Rightmove claims that single first-time buyers on an average salary and with a 5.0 per cent deposit could not afford three-quarters...

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

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

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

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

Advisers looking to place business with Leek Building Society via Legal & General Mortgage Club will now benefit from access to...

Deposits for property purchases typically cost 10-15% of the value of the home and saving for one can be particularly challenging, especially for...

In this guest piece, Adrian Plant, director of Shared Ownership at Leaders Romans Group and Calum Toone, mortgage advisor at Mortgage Scout, delve into the...

In the UK, homeownership remains one of the main aspirations for young adults and families who envision climbing the property ladder...

While tenancy disputes did see a year-on-year decline in volume during 2021, the latest industry insight from mydeposits show that there...

This week’s mortgage roundup is all about simplifying the homebuying journey, with a new partnership formed to streamline the buying process and...

Deposit Unlock, a mortgage scheme that allows new build buyers to purchase with a 5% deposit, has launched nationally with 17...

According to new research from equity adviser Key, the Bank of Gran and Grandad has gifted nearly £1 million a day...

Tembo, the ‘next generation’ lending platform, has launched a new approach to family lending for mortgages. The lender offers a range of...

According to new research from estate agents Purplebricks, 43% of today’s first-time buyers (FTBs) have fully funded their own deposit. While...

The Nottingham has unveiled loan-to-value (LTV) limited company buy-to-let (BTL) fixed-rate products. The building society has announced four new two and five-year...

The UK housing market has boomed over the past year, with buyers and sellers benefitting from recent initiatives. But how have...

Savings made during lockdown have allowed some borrowers to reduce their debt commitments, with a record £17.6 billion of mortgages repaid...

The total value of new mortgages set to be handed out in the coming months reached its highest level since 2007...

Property buyers in certain cities could enjoy a hat-trick of savings via the stamp duty holiday, a reduced mortgage deposit requirement and...

Older homeowners gifted an average of £42,500 to younger relatives to help them get on the property ladder in 2020, new...

The Nottingham has announced the relaunch of 90% loan-to-value (LTV) mortgages for potential borrowers. In what is described as more good news...

As the industry starts to tighten its criteria, Saffron Building Society is affirming that there is still hope for borrowers as...

Despite ongoing coronavirus woes, buyers can look to benefit from record low rates and the mortgage market remains open for business. That...

Hinckley & Rugby Building Society has cut the interest rates on three mortgages particularly attractive to first-time buyers. The fee-free mortgages are...

Both the volume and value of flexible payments from pensions has hit a new high, according to Moneyfacts. Data from the money...

Dudley BS has been working for over 160 years in providing mortgages and saving accounts to customers across a local and...

First-time buyers and existing homeowners capitalised on low rates across the market in October, according to fresh research from e.surv. Its latest...

First-time buyers and others with small deposits took a greater share of the market last month than in August, according to...

Accord Mortgages has launched five competitive remortgage options for borrowers with a 25%, 20% or 10% deposit. The new remortgage range from...

Six in ten parents can afford to financially support their children to buy their first home, while only 5% can pay...

Yorkshire Building Society is launching a range of two-year mortgages to help first-time buyers (FTBs) take their first steps on the...

Accord Mortgages is offering its lowest ever two-year fixed rate at 80% loan-to-value (LTV) with a 0.99% two-year fixed rate mortgage...

New data from mortgage lender, Vida Homeloans, found more first-time buyers are seeking lenders for deals that cater to their needs...

The number of first-time buyers and buyers of investment properties has fallen in the last two years, My Home Move say. First-time...

A study revealed that a third of young people would choose to buy and live in a caravan if they couldn’t...

Fresh statistics suggest the UK’s mortgage market has been boosted again, with approvals for home lending up month on month and...

Accord Buy to Let has bolstered its range of fixed rate mortgages for landlords with deposits of 25% or more. The lender,...

The so-called Bank of Mum and Dad will lend 23% more funds in 2017, putting it on a par with the...

Hinckley & Rugby Building Society has launched two new fee-free high LTV mortgages. The fix then discount products are completely fee-free and...

A quarter of young people believe the only way they'll ever own a home is by inheriting cash, research by Halifax has...

Financial mutual OneFamily has extended its lifetime mortgage range, increasing its number of products from four to six.  The two new additions...

Average buy-to-let loans and deposits increased in 2016, new research from The Mortgage Broker Ltd has revealed. This came as a result...

Data published this week by the Resolution Foundation confirms the continuation of the downward trend in home ownership in the UK.  Since 2003...

Skipton Building Society has removed its maximum loan size cap for first-time buyers. It said this follows a 20% increase in UK house...

The gap between mortgage rates at different LTVs has narrowed dramatically, making life easier for borrowers with small deposits. Mortgage rates for borrowers...

The cost of servicing a mortgage for buyers with small deposits has fallen sharply over the past 12 months, according to...

Post Office Money has launched a number of mortgage deals and reduced rates on many existing deals. It says the new deals...

Single first-time buyers and couples can significantly cut the time it takes to save for a deposit by moving back in...

Specialist mortgage package and distributor Atom has announced a new relationship with Kensington Mortgages. Dale Jannels, managing director at Atom, which stands...

House purchase values rose 20% in the final quarter of 2015 yet there was also a worrying drop in higher-LTV lending. The...

The number of high-LTV deals aimed at first-time buyers is almost back at pre-financial crisis levels. Mortgages at 90% and 95% LTV...

The average house purchase deposit jumped 15% in a year to more than £80,000 in December. This is its highest point since the...

The number of 95% LTV mortgages rose by 84% in the last year after a surge of product launches over the...

The Mortgage Works (TMW) has cut new mortgage rates by up to 0.85% on its Buy to Let 2 year products to...

Santander has joined the growing list of banks and building societies that are announcing the rates on their Help to Buy...

Leading lenders Halifax and Nationwide have announced how much interest they will be paying on their Help to Buy Isas. The new...

The mortgage price war for higher-LTV loans has intensified with Yorkshire Building Society launching a 3.78% two-year fixed rate mortgage for...

Barclays is launching fee-free mortgages with up to £1,000 in cash back from today. Its new purchase-only products are available on LTVs from 60% to...

Just 12% of UK adults believe access to mortgages has improved in the past five years, despite recent moves to open...

Three lenders have launched new residential mortgages aimed at buyers needing higher loan-to-value (LTV) deals. Yorkshire, Leeds and Teachers building societies have...

The government-backed Help to Buy home-loan scheme continues to offer vital support to the mortgage market two years after its launch,...

A new report from the Bank of England shows that approvals of loans for house purchases hit a 2015 high in...

The cost of taking the first step on the property ladder is soaring according to new figures from estate agent chain...

NatWest Intermediary Solutions is reducing rates on a number of higher-LTV residential mortgages in its broker portfolio from today. It will also...

First-time buyers with relatively small deposits are finding it increasingly hard to get on the property ladder, new research shows. The typical...

Nationwide is aiming to boost first-time buyer mortgage lending with £1 billion of new low deposit products. It is launching a range...

The Mortgage Works (TMW) has launched its cheapest ever fixed-rate buy-to-let products with rate cuts of up to 0.50%. It has also...

Applicants with smaller deposits are increasingly securing mortgages as lenders offer more high-LTV loans, new research suggests. Nearly half of all homebuyers...

The number of first-time buyers plunged more than 27% in the year to June, with no sign of a post-election bounce. There...

Platform has revised its mainstream mortgage range for brokers by cutting fixed rates at 80% and 90% LTV. The intermediary lender of...

Nationwide Building Society is today cutting rates on a number of fixed-rate deals for customers with small deposits. The organisation said it...

Difficulties in putting together deposits and the General Election put a dampener on the number of first-time buyers completing property purchases...

Nationwide has cut its two-year fixed rates for borrowers with smaller deposits by up to 0.25%. And it has made further reductions...

Mortgage borrowing jumped to a six-year high in May and average deposits also hit a new post-recession peak, new figures show. Deposits have...

Chelsea Building Society has reduced rates for customers with 10% and 5% deposits, in what it says is a bid to...

Platform has launched a new mortgage range for brokers and with cuts to selected fixed rate mortgages of up to 0.25%. The new rates...

Help to Buy schemes have created 131 new homeowners every day since April 2013, Housing Minister Brandon Lewis has said. More than...

The Co-operative bank has launched the UK's lowest ever two-year fixed-rate mortgage rate at just 1.09%. The loan, available up to 60%...

Improve mortgage affordability is helping borrowers on lower incomes to climb the property ladder. Mortgage applications surged 18% in March in response to...

Watch the latest weekly video roundup of news from Estate Agent Today and Letting Agent Today, featuring stories on a London...