Archive

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

A new analysis of the housing market suggests approvals will rise following the first Bank of England base rate cut of...

There’s no question that fixed rate mortgages are the product of choice among the majority of borrowers. It’s not just the...

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

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

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

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

Speculation continues to mount about the likely decision by the Bank of England’s monetary policy committee when it debates base rate...

Mortgage approvals on house purchases for June were 59,976 according to the Bank of England - down marginally (0.3%) from 60,134...

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

NatWest has announced it will introduce new Airbnb-friendly mortgage terms that embrace home sharing via short lets. And now Airbnb wants...

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...

The latest residential sentiment survey from the Royal Institution of Chartered Surveyors suggests a currently-subdued housing market but with a more...

One of the Bank of England monetary policy committee members has advised against a cut in base rate on August 1. Jonathan...

Brokers can look forward to a strong second half of 2024, according to an industry leader. Rob Jupp, group chief executive at...

More than a quarter of people are in the dark about interest rates and how much they pay, a new survey...

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

The Conservatives are set to lose nearly half of homeowner votes this week, latest polling from national estate agency Jackson-Stops reveals....

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...

Data from UK Finance suggests that interest-only mortgage holders are showing no obvious signs of distress despite interest rates remaining high.  There...

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

Interest rates for borrowers have been volatile over the past six months, despite no change to the Bank of England base...

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

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...

Official Bank of England figures shows that net mortgage approvals for house purchases totalled 61,100 in April, little changed from 61,300...

Applications from first time buyers have grown by 33% so far this year with FTBs now making up a higher proportion...

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

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

An online agency has analysed current housing market listings to see which types of home are most in demand from England’s...

Londoners looking to buy a home can expect to spend 42% more on monthly mortgage payments than tenants pay on rent,...

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

Interest rates for borrowers have shown mixed signs of both rises and falls over the past six months. Moneyfactscompare has analysed...

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

The Hinckley & Rugby building society has announced two cuts to rates across its mortgage range in short order.  After rate cuts...

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

The mutual has announced a refresh of its product range to ensure it continues to meet the complex needs of today’s...

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

Lloyd’s pre-tax profits were just £1.6 billion between January and March, down from £2.3 billion for the same period last year. The bank...

Five major lenders - NatWest, Barclays, Accord, Leeds Building Society and HSBC - have all announced rate increases so far this...

Mortgage lending has fallen by -28.6% in the past year, according to a new analysis. Octane Capital analysed gross mortgage lending data*...

There’s been a bevvy of buy to let mortgage deal changes this week. Shawbrook has made a series of reductions across its...

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...

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...

Legal & General Mortgage Club has added April Mortgages to its lender panel, giving additional exposure to April’s long-term fixed-rate remortgage...

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

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

Analysis from estate agency Yopa reveals that while the London market may be the worst performing in terms of house prices, it...

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

Homebuyer appetites for new-build properties have dipped. Demand dropped 1.1 per cent in the last quarter according to analysis by easyMoney of...

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

Hampshire Trust Bank has launched a limited edition two year discounted Flex tracker across its buy to let and semi-commercial offerings....

There were 29,060 new mortgages taken out by older borrowers over 55 in the last three months of 2023 - down...

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

High street bank Virgin Money UK says there is light at the end of the tunnel for mortgages and the housing...

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

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

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...

At the middle of last week Nationwide slashed its rates to the most competitive of all in the current lenders price...

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

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

The UK's largest building society has slashed its cheapest mortgage rate to an eight-month low and significantly under the Bank of...

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

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

The negative effects of higher mortgage rates on affordability were overestimated throughout 2023 with house prices having dropped one one to...

There are growing fears that the hoped-for Bank of England base rate cut this spring - the first off possibly several...

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 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...

A poll of leading economists for London-focussed business newspaper City AM reveals that some believe a Bank of England base cut...

Monthly interest costs have surged by 283 per cent since 2021 for landlords using interest-only mortgages, research shows. Octane Capital compared rates...

Falling swap rates - already falling over the past month - have dropped further following better-than-expected inflation news, triggering speculation over...

The number of Londoners leaving the capital to move elsewhere in Britain dropped back sharply in 2023, following two years of...

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...

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...

A new survey - going against the trend of other housing market studies - suggests that house prices could rise six...

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

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

Nationwide has reduced selected mortgage rates by up to 0.43 per cent across its New Business, Switcher, Additional Borrowing, Existing Customers...

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

The Mortgage Lander is warning that mortgages rates will need to come down more, and faster, to really kick-start the housing...

The chief executive of Winkworth estate agency chain says this week’s Autumn Statement must see the reinstatement of Mortgage Interest Tax...

The nation’s landlords are responding to higher levels of mortgage interest rates by cutting their borrowing. The research comes from specialist property...

Some 45 per cent of homebuyers cited in a survey say slow property lawyer response time is a key pain point...

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...

Homeowners in Wales who are struggling with their mortgages could get loans that are interest-free for the first five years under...

A digital mortgage broker has launched an online tool aggregating data from over 50 Buy to Let lenders to calculate what...

There’s been an alarming set of figures in the Bank of England’s latest Money and Credit report, which relates to September. Net...