Archive

Nationwide says UK house prices fell by 0.2% month on month in August, after taking account of seasonal effects, but the...

Zoopla’s latest House Price index shows a housing market steadily recovering from the impacts of higher mortgage rates with prices rising...

The Equity Release Council (ERC) has unveiled new guidance for member firms to consider when launching retrofit lifetime mortgages.   In consultation with...

Bridging loan books continued to grow to record levels in the second quarter of 2024, reaching nearly £8.4 billion, according to...

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...

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...

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

April Mortgages, the lender seeking to introduce Dutch-style longer-term products, has reduced the interest rates on its range of five to...

There’s speculation that there could be two more base rate cuts announced before the end of the year, following last week’s...

More than half of mortgage intermediary firms are expanding, reflecting growing optimism amongst brokers, Paragon Bank research reveals.   The summer edition of...

UK house prices increased by 0.3% month on month in July, after taking account of seasonal effects.  This resulted in a slight...

The number of people moving home increased by 10% in the first half of 2024, according to the latest Lloyds Bank...

The average age of landlords acquiring new rental property with a buy to let mortgage has fallen over the past decade,...

Half of all UK homes have increased in value in the first half of 2024 by 1% or more, says Zoopla. This...

Lettings agency giant Connells says the private rental sector performed strongly in the second quarter of 2024 despite worries over future...

Atom, a UK app-based bank, has been accredited as a lender by the British Business Bank under the new Growth Guarantee...

Price growth in high-value prime areas has been put on hold given uncertainty surrounding the General Election, according to the latest...

The Nationwide has calculated that house buyers with mortgages are now pay far above the long term average. The lender, in its...

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

The Nationwide regional house price indices are produced quarterly, with data for Q2 (the three months up to and incluingJune) showing...

 A new first-time buyer study from Rightmove reveals that the average first-time buyer mortgage payment has risen by 61% since the...

Total mortgage lending sat at just £50.5 billion during the first quarter of 2024, the lowest level seen since interest rates...

Rightmove reports that the average price of property coming to the market for sale drops by £21 this month to £375,110...

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

Analysis by an estate agency shows that since the 1980s, house prices have climbed by an average of 5.4% in the...

This accounts for some of the big rise seen recently in the supply of homes for sale - 20% up on...

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

Property Circle, which calls itself “the growth platform for mortgage brokers, estate agents and letting agents” has appointed a PropTech high-flyer...

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

It might look like house prices have stabilised, staying relatively flat over the first four months of 2024, but at least...

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

Big demand for small properties has helped to drive growth in UK property prices in the early months of this year,...

Higher mortgage rates are a drag on house price growth says Zoopla - and it’s produced startling figures to prove it. The...

Jonathan Samuels, chief executive of Octane Capital, believes that with the property market now showing early signs of a return to...

The number of new sellers coming to the market is up by 12% compared to this time a year ago, and...

Large gaps remain between Mortgage Approval Prices and Asking Prices - even though there is some evidence of vendors and agents...

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

John Charcol’s` new owners say they will grow the adviser base and diversify and develop the product offering of the high-profile...

UK house prices grew in March on a quarterly basis, by 2.0%, with annual growth slowing to 0.3%, from 1.6% in...

UK house prices fell by 0.2% in March. Nevertheless, the annual rate of house price growth edged higher to 1.6% in...

A property software business says its research shows that the housing market revival is driven by the premiums levied on new...

The average volume of UK properties listed for sale month-on-month rose by 58% in 2023 compared to a year previously, underscoring...

Mortgage and protection CRM platform Smartr365 has renewed its longstanding partnership with Legal & General Mortgage Club. The agreement means members of...

The chief executive of a specialist business bank has paid tribute to the ‘amazing work’ carried out by its broker network. Gary...

The buy to let mortgage sector has seen fixed rates fall to their lowest point since September 2022, according to analysis...

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

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

By Jonathan Samuels, chief executive of specialist property lender Octane Capital, writes: The Bank of England’s decision to hold interest rates on...

Unbiased, a platform for connecting with prospective clients, has slashed charges it imposes on mortgage advisers for a second consecutive month. Unbiased...

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

A Knight Frank survey of 50 house builders shows a staggering 70 per cent support for Labour to win the next...

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

The average price of property coming onto the market for sale rises by 1.3 per cent (equivalent to £4,571 for an...

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

There’s no prospect of a rapid recovery for the housing market in 2024 despite some green shoots appearing. The warning comes from...

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...

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

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...

Rightmove is launching its first broker product, which will allow customers to access mortgage advice through the property website.   The portal,...

Online Mortgage Advisor has conducted a research by looking at how much property prices have outgrown local wages during the past...

The Office for Budget Responsibility - part of the Treasury but operating independently of government - is forecasting house prices to...

The Nationwide wants greater government support for first-time buyers as rising costs delay owning a home. As one of the UK’s biggest...

The research chief at lettings agency Hamptons says it’s likely that landlords have been hit harder by high interest rates than...

Shawbrook Bank has seen a dramatic reduction in the time to process buy to let mortgage offers since rewriting legacy software...

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

Contributors to a quarterly specialist finance publication have reported a 15.3 per cent increase in bridging loan transactions, totalling £191m, during...

The equity release market has seen growth for the first time in 12 months with quarterly increases in both new customers...

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

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

The UK's largest mortgage lender expects house prices to fall this year and next before rising in 2025. Lloyds Banking Group -...

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

Britain’s macroeconomic policy framework needs an overhaul to tackle the risk of an unsustainable ratcheting up of debt. That’s the view of...

There are growing fears of yet another Bank of England base rate rise next month following the surprise inflation figure released...

The buy-to-let sector has seen fixed rates fall and product choice grow month-on-month, according to the latest analysis by Moneyfactscompare. Overall buy-to-let...

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

The jury is out as to whether there will be a rate rise this week when the Bank of England Monetary...

High interest rates are worsening the affordability issues at play in the housing market, the Halifax admits. It says that downward pressure...

There is speculation that the recent spate of figures from the UK economy may prompt a war between mortgage providers as...

A new analysis suggests that mortgage approval levels will decline by 11 per cent annually come the end of 2023. Octane Capital...

A new analysis shows that the UK's mortgage brokerage market is projected to grow this year despite ongoing economic insecurity. Octane Capital...

The latest house price index - this one from the Halifax - has triggered a huge wave of concern about the...

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

Nearly half of mortgage brokers expect the volume of buy-to-let portfolio limited company lending they write to increase in the next...

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

Mortgage lenders and brokers have rarely had a higher profile than right now, when they are seen as key to the...

Research from eXp UK, the network of personal estate agents, has revealed that in 22 UK cities, house prices are continuing to...

Despite the recent economic turbulence, the bridging market has seen more requests for fast, short-term finance. This type of finance provides certainty...

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

The Monetary Policy Committee of the Bank of England meets on Thursday with the market expecting them to announce 0.5% raise...

National brokerage Just Mortgages has kicked off the new year with the appointment of five new regional directors to support its...

Staying close to a mortgage broker will be an important part of timing a house purchase correctly in 2023. Mortgage rates will...

Capricorn Financial Consultancy has released its market expectations for 2023, predicting that the UK mortgage market will have to acclimatise to...

THE increase in growth announced is a “very welcome” tonic for the housing sector, according to a leading property association. The National...

Benham and Reeves claim that London’s most up and coming neighbourhoods have seen price increases up to 64.5%. House price increases of up...

According to property purchasing specialist, House Buyer Bureau, there has been a flurry of homeowners rushing to list their properties for...

Leading identity verification checks provider, Credas Technologies, claims that anti-money laundering registrations in the real estate sector are set to grow by...

Chris Daly has been appointed managing director of Hampshire Trust Bank's specialist mortgages division. Daly was most recently head of origination, real estate finance...