Archive

Extra help for first-time home buyers is on the way as Lloyds Banking Group increases the amount prospective homeowners can borrow,...

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

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

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

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

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

New figures from UK Finance show a drop off in later life mortgage lending in recent months. There were 28,840 new loans...

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

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

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

A report on there Bloomberg news agency suggests that the Nationwide Building Society is using new technology to identify areas at...

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

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

A building society has launched a pilot project banning mortgage lending on holiday lets in two tourist areas for 12 months. Leeds...

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

FinTech supplier Mortgage Brain has partnered with HSBC UK to host a free online masterclass on self-employed lending.  Taking place on February...

Three high street lenders - Virgin Money, TSB and Skipton Building Society - have joined the commitment to offer mortgages on...

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

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

The first time buyer economy, comprised of lending and spending, will reach £74.1 billion by 2025, according to research by Coventry...

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

Analysts suggest that mortgage lending is likely to fall over the rest of 2023 with both demand and supply dropping thanks...

Atom bank has announced a partnership with climate tech business Kamma to give “an unparalleled view on both the physical and...

There’s been a flurry of rate cuts from lenders serving all sector of the market as a battle begins for market...

A financial service trading statement by a major player this week highlights the issues facing the industry. LSL is one of the...

Research published by the Home Builders Federation shows that the new homes owners will save an average of £135 on monthly...

Companies representing some 85 per cent of all mortgage lending have signed up to a new charter.  The lenders claims they have...

Trade body UK Finance has issued a timely reminder to the mortgage lending sector of its obligations to borrowers struggling following...

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

The FinTech mortgage lender using AI to simplify the mortgage journey for homebuyers and re-mortgagers, MPowered Mortgages, has recently expanded its...

We don’t like being the bearer of bad news, but a market analysis carried out by mortgage broker, Henry Dannell, reveals...

This week’s roundup takes a look at the latest in the mortgage market, from L&G’s latest addition to its lender panel...

Over the weekend, Nat Daniels - CEO of Angels Media, the founder of the Today sites - penned this piece in...

2021 proved to be one of the most hectic years to buy and sell a home. We witnessed prices soaring to...

Market analysis has revealed where house price growth could stutter should monthly interest payments start to climb as a result of...

Legal & General has announced the return of its Virtual Summer Conference which takes place today and tomorrow (July 6-7 2021). The...

Roma Finance completed a record month in May, reporting a 50% increase in pipeline business on top of the 100% increase...

Brokers are searching for applications that will not leave a lasting mark on a client's credit score, new research from Knowledge Bank...

Searches for ‘self-employed’ and ‘defaults’ became the most popular in December, according to new research from criteria search specialist Knowledge Bank. Knowledge...

Specialist lender Together has confirmed it will continue lending despite tougher restrictions as the UK enters another national lockdown. England was plunged...

Specialist lender Together has raised the maximum loan-to-value (LTV) across its first and second charge mortgage products to 70%. The finance firm...

Knowledge Bank, a market-leading criteria search system, is expanding with the appointment of three new roles. An increasing number of mortgage brokers...

Intermediaries believe they can hold out against the uncertainty being caused by Brexit and the general election, according to the Intermediary...

‘Interest-only loans’ have maintained their place in the top five most searched-for criteria in August after making their very first appearance...

Specialist buy-to-let lender Landbay has agreed a £1 billion deal to bolster its mortgage lending. The funding – which is from a...

Specialist banking group, Paragon, has reported a 16% increase in first-half mortgage lending to £834 million – up from £721 million...

First-time buyers (FTBs) saw their completion rate for mortgage offers through intermediaries reach a three-year high of 89% in Q4 2018. That...

Paragon Banking Group has reported a 41% increase in new lending across all business lines in the last quarter of 2018. With...

Newbury Building Society has launched its first retirement interest-only (RIO) mortgage to support borrowers in their later life. Applicants must be a...

Landbay has chosen Oracle NetSuite to create a more accessible buy-to-let mortgage marketplace for investors, borrowers and brokers. Through NetSuite, Landbay will...

The Bank of Mum and Dad is very much prevalent, with recent research showing that UK parents will help 316,000 young...

Mortgage lender Pepper Money has revamped its pricing, cutting some rates by up to 0.55%. The biggest reductions are available on Pepper...

Specialist mortgage marketplace lender Landbay has lent a total of £100 million to buy-to-let landlords since its 2014 launch. Recent regulatory changes...

The Northview Group – which consists of the Kensington, New Street and Acenden brands – has announced the appointment of Mark...

Commercial mortgage brokers are 'overwhelmingly upbeat' about their prospects for 2018, according to Shawbrook Bank. The bank's annual Broker Barometer found that...

Approximately 1,000 advisers have now passed the RQF Level 4 certificate in Advanced Mortgage Advice, according to The Society of Mortgage...

The Mortgage Hut has seen a year on year rise of 30% in mortgage applications in August despite the traditional seasonal...

Legal & General Home Finance has become the biggest provider of lifetime mortgages in the first half of this year (H1). The...

First Complete and Pink have revealed that their mortgage, protection and general insurance sales all reached record highs in 2017. The two...

Specialist mortgage lender Vida Homeloans has announced significant changes to its specialist buy-to-let range, enhancing its lending criteria and building on...

Property data firm Hometrack has been appointed by TSB to be its long-term partner for Automated Valuation Model (AVM) services. The analytics...

The mortgage market will reach its highest level of gross lending since the financial crisis during 2017, the Intermediary Mortgage Lenders...

The annual results published by Hinckley & Rugby Building Society has revealed robust growth in its mortgage lending and savings balances.  In...

Some five hundred mortgage professionals have completed the Level 4 Certificate in Advanced Mortgage Advice since its launch two years ago,...

A green mortgage research project called LENDERS is asking all householders in the UK for their help in completing a survey...

Remortgage lending leapt 48% by value in the year to April to hit £6.4 billion, the largest sum recorded since November...

Gross mortgage lending fell 29% in April following the rush to beat the new stamp duty surcharge on buy-to-lets and second...

The latest edition of the Bank of England’s Money and Credit Figures show mortgage lending was strong in the first quarter...

The average amount of equity withdrawn through remortgaging has hit a new high with borrowers taking out £31,887 on average. This is...

Gross mortgage lending surged in March due to the buy-to-let let boom but transactions now look set to drop by 10,000 a...

New Street Mortgages has issued a mortgage offer within five business days for the first time. The lender said it is delivering...

Mortgage brokers have welcomed new technology-driven lender Atom Bank's intermediary-driven approach to mortgage lending. The Durham-based bank is set to launch residential and...

New Street Mortgages has announced a new buy-to-let distribution partnership with Legal & General Mortgage Club. The tie-up will initially be via...

Gross mortgage lending in February hit its highest level for eight years after leaping 30% year-on-year. Lending totalled £17.6 billion which marks a fall from £18.5...

The Mortgage Credit Directive (MCD), could bar accidental landlords from switching to cheaper mortgage deals on affordability grounds. Many could be told they...

The rush to complete buy-to-let purchases before April has driven mortgage approvals to a two-year high, property experts say. The number of...

Gross mortgage lending surged 38% in the past year to hit £13.6 billion last month, the highest figure for nearly eight...

The mortgage market has started 2016 "with a bang" as gross mortgage lending rose 21% year-on-year. Lending hit £17.9 billion in January,...

Legal & General Mortgage Club has posted 15% sales growth to make 2015 another record year. It pinned its £46 billion of sales...

New Street Mortgages has launched into the UK market as a new mass market lending brand under the recently announced Northview...

Monthly mortgage approvals soared 24% year-on-year to £12.4 billion in December but brokers deny lending is getting out of control. Across 2015,...

Gross mortgage lending jumped 8% in 2015 to hit a better-than-forecast total of £220.3 billion. Lending in December totalled £19.9 billion, up 23% on...

The shortage of properties for sale has hit house purchase approvals which fell more than 3% in December. There were 68,218 house purchase...

Mortgage lending for house purchases slumped nearly 10% to £10.7 billion in November as the winter slowdown set in. Despite the dip...

The IMF has warned that the UK's unbalanced housing market could threaten future economic growth. It said the UK economy is on...

Christmas has come early for the mortgage industry which is celebrating the highest monthly lending figure for more than seven years. Gross mortgage lending...

The Building Societies Association (BSA) has committed to review its maximum age limits for mortgage borrowers to help those who need...

Buy-to-let lending continued to race ahead of the mortgage market in September as investors ignore Chancellor George Osborne's forthcoming tax crackdown. Investors drove large quarterly and...

Second charge mortgage lending is set to top £1 billion this year with £93 million worth of monthly secured lending in...

A dip in the number of mortgage approvals for house purchases in September was offset by a sharp rise in remortgaging. The Bank...

Mortgage approvals leapt 24% in the year to September driven by a resurgence in remortgaging. Remortgages jumped 40% over the year, against...

Mortgage lending is enjoying its best spell for seven years after surging 12% year-on-year to £61.4 billion in the third quarter. The...

NatWest Intermediary Solutions has reduced its loan-to-income (LTI) maximums for mortgage applications up to 85% LTV. It has reduced its maximum LTI...

Two new sets of figures published today show that September was another buoyant month for the housing market. There was a 20% year-on-year...

August was the strongest month for gross mortgage lending since the financial crisis with loans totalling £20 billion. That is 12% higher...

The large majority of brokers and lenders fear that new EU regulations may hit UK mortgage lending. New research shows that 74% of...

Two new surveys published today show that the property market scaled new highs yet again in August. The RICS UK Residential Market...

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

The number of remortgages has leapt almost 90% in the last year after a major surge in July, new figures show. The...