Archive

Families across the UK and even those overseas with assets in Britain need to urgently consider ways to mitigate the potential...

Mojo Mortgages’ data has revealed that extending a mortgage from 25 to 35 years can cost the average first-time buyer an...

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

The Bank of England has been sharply rebuked by a think tank which claims rate cuts should have come faster. The free-market...

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

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

Mortgage Brain has confirmed the industry speakers and panellists for its biggest-ever Mortgage Vision roadshow. T Amongst the speakers confirmed is Robert...

Unencumbered rental properties present a big opportunity for brokers to grow buy to let business, says financial specialist Brightstar. In a video...

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

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

A monitor of the bridging sector suggests business is growing - mostly because of delays in the mainstream property conveyancing sector,...

Mortgage and protection brokerage Access Financial Services has reported what it calls “exceptional growth” with turnover up 46% between April 2023...

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...

Monmouthshire Building Society has relaunched its General Client Account, with an enhanced product designed to provide a secure and efficient solution...

A leading financial analyst says some 1.5m homeowners will need to remortgage throughout 2024 - and it’s going to hurt for...

A large majority of consumers report no improvement in how financial providers treat them following the implementation of the FCA’s Consumer...

Almost a quarter of prospective homebuyers plan to make their homes more energy efficient in the hope of securing more favourable...

Some 3m UK households are to be hit with further increases in mortgage repayments over the next two years, the Bank...

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

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

Homebuyers are being gazumped due to lengthy property chains and delays in getting a mortgage, new research from Market Financial Solutions...

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

The European Central Bank has cut its key deposit rate to 3.75% - so moving faster than the Bank of England...

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

The proposed merger between mortgage and financial service providers Nationwide and Virgin Money is to be investigated by the UK's competition...

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

Leaders. Romans Group, one of the UK's leading property services groups, has rebranded and amalgamated Start Financial Services into Mortgage Scout. Start...

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

A Freedom of Information (FoI) request from a former pensions minister has revealed a significant increase in the proportion of home...

UK digital bank Chetwood Financial has completed the acquisition of the buy to let mortgage lender CHL Mortgages for Intermediaries from...

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

Many buy to let landlords have made financial changes during the cost of living crisis to mitigate the rising costs of...

UK mortgage lending is forecast to grow just 1.5% (net) in 2024, according to the latest EY ITEM Club Outlook for...

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

Purplebricks has launched Purplebricks Mortgages Limited - taking over from the old Strike Financial Services brand.  A year ago the Strike online...

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

Just Mortgages, one of the UK’s largest mortgage brokerages, is hosting its second broker academy of the year. The programme caters to...

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

Specialist lender Hodge has joined forces with Propflo, a PropTech startup, to help customers make their properties more energy-efficient and environmentally...

An analysis of government house price data by business consultancy Hargreaves Lansdown suggests the typical mortgage term for a first time...

A new report reveals the latest trends  in UK lending and borrowing, compiled by lending software company Lenvi. The most notable trends include...

Lloyds Banking Group, Nationwide, NatWest - along with Rightmove - have announced a strategic investment in Coadjute, a prominent PropTech business. This...

Monthly payments on some 123,000 home loan accounts were cut in the first eight months of the government’s Mortgage Charter.   The...

Almost half (45%) of UK homebuyers would consider using an ethical finance provider that follows Islamic principles, finds Gatehouse Bank. Gatehouse Bank,...

Shared ownership has failed to deliver an affordable route to home ownership for too many and for too long, says a...

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

Mortgage Advice Bureau has developed a new tool to assess a customer’s financial resilience based on their level of protection. The financial...

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...

A 2,000-person survey has revealed the diverse financial routes that first time buyers take to get on the property ladder. The survey...

Yorkshire Building Society new fee-free offer will enable first-time buyers across England, Scotland or Wales with a £5,000 deposit to purchase...

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

High profile mortgage broker Paul Welch, founder of the MillionPlus Club, has signed to talent agency, Talent & Brands.  Welch has established...

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

Mortgage lender Halifax is imposing a new 70-year age limit on the terms of its home loans for some borrowers. This has...

There’s been an angry reaction to news that from today - March 18 - Halifax is changing the maximum age allowed...

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

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

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

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...

Halifax moved entirely in the opposite direction to its rivals at the very end of last week, cutting rates instead of...

Tom Davies has started with Leaders Romans Group as the company’s first group financial services managing director. This new position coincides with...

Diverse views have emerged from financial services figures in response to last week’s news that the headline rate of inflation remained...

There were 12,000 first time buyers over the age of 50 in the UK in 2022, the latest figures available. This means that...

Lenders’ trade body UK Finance wants the government to use next month’s Budget to announce a new Help to Buy scheme...

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

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

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

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

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

The number of mortgages with over 30-year terms sold to UK borrowers jumped 13 per cent in the year to end...

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

Shawbrook has become the first bank in the UK to offer limited companies the ability to remortgage using the digital conveyancing...

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...

Bank of England governor Andrew Bailey is warning that ‘future shocks’ may yet derail economic recovery. In a session with MPs at...

A high proportion of first time buyers take advantage of some form of assistance when purchasing their initial home. That’s the verdict...

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

The government has launched a consultation setting out plans to improve the transparency of land trust information. Land ownership through a trust...

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

A warning has been given to borrowers and the home owning public by Paul Broadhead, head of mortgage and housing policy...

Mortgage rates are predicted to fall next year as lenders take advantage of cheaper funding, after figures show that average swap...

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

With the Bank of England maintaining base rate - as expected - at 5.25 per cent, the broker community ends 2023...

Many landlords say they’re set to expand investments in 2024 despite facing up to 80 per cent higher costs in the...

Approaching a third of people are struggling to meet loan repayments of all kinds because of the cost of living crisis. That’s...

Karis Capital is launching as what it calls “a premier real estate debt advisory firm with plans to redefine how developers...

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

SPF Private Clients has opened new offices in Hong Kong and Singapore. The Singapore office is to be headed by Scott Mitchell,...

Just Refer, a new referral portal for national brokerage Just Mortgages and financial services arm Just Wealth, has supported brokers in...

A new study shows a remarkably low number of people seeking professional financial advice. The report is called State of Flux and...

A new study by a price comparison platform suggests that many younger Britons are waiting to inherit before buying a home. In...

The EY Item Club is warning that the UK is set to experience the slowest two-year mortgage growth in a decade. EY...

End-to-end mortgage service Smartr365 has beefed up its platform to improve the experience of brokers sourcing protection packages for clients. These developments...

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

Tomorrow’s King’s Speech, setting out the legislative agenda for the coming year, looks certain to include leasehold reform - and the...

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

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