Archive

Rightmove says the average first-time buyer mortgage payment is nearly £150 lower than the mortgage rate peak in July 2023.   Rightmove’s weekly...

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

The average five-year fixed mortgage rate is now 4.97%, down from 5.91 % a year ago; and the average two-year fixed...

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

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

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

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

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

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

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

New Mortgage Lenders and Administrators statistics for Q4 2023 paint a very worrying picture of the mortgage market. That’s the view of...

Fewer people are concerned about paying their mortgage and fewer believe mortgage affordability is a barrier to home buying.  That’s the verdict...

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

The so-called Generation X - those born between 1965 and 1980 - are finding it hardest to pay off their mortgage,...

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

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...

Since the peak in July, the average five year fixed mortgage rate has reduced from 6.11 to 5.07 per cent while...

The average five-year fixed mortgage rate is now 5.21%, down from 5.62% a year ago The average two-year fixed mortgage rate is...

New data from Legal & General - based on searches to its Ignite platform - suggests a diverse mortgage market during...

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

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

The Nationwide says high interest rates are helping to redefine the housing market in terms of transaction volumes and choices of...

It’s now the tenth week that average rates of dropped, as the slow but steady downward trend of fixed-mortgage rates continues.  As...

An estimated seven million UK households are struggling to keep up with their rent or mortgage payments, Which? warns, with millions...

A consumer platform claims almost half of Londoners’ income goes on their mortgage or rent, with a third saying they pay...

A body called the Landlord Leaders Community is pledging “to drive positive change for a sustainable and thriving private rented sector.” Set...

After six consecutive weeks of mortgage rate reductions - and the expectation of more soon - there are hopes of sub-5.0...

From this week the banking and finance industry’s Reach Out campaign will be seen across out-of-home advertising, radio, print and digital,...

The Bank of England’s latest stress test of the financial system suggests that UK's eight largest lenders could survive a worst...

The OneDome Group, which for 20 years has operated its CMME Mortgages service, is launching a new consumer campaign in the...

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

After the latest rise in Bank of England Base Rate, mortgage lenders are offering new products to help those struggling to...

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

New research by specialist property lending experts, Octane Capital, shows that monthly mortgage payments could increase by £300 each month.  Homebuyers coming to...

Not the best news for the property sector, as the latest research by Revolution Brokers, shows that the monthly cost of...

There seems to be some light at the end of the tunnel for UK citizens regarding tax as research from RIFT...

According to new research by online brokerage service, Revolution Brokers, the energy price cap increase set to begin in October will...

Every day on the news we hear more and more about the ever-mounting cost-of-living in the UK, and households are now...

A recent change in mortgage rules that required lenders to check whether homeowners could afford repayments at higher interest rates has...

As the weather begins to warm up, many will be starting to think about giving their homes a seasonal spring clean....

The housing industry, like many other sectors, experienced a tumultuous 2021 as the pandemic continued to trigger exponential house price rises....

With the interest rate rising from 0.25% to 0.5%, Brian Murphy, head of lending at Mortgage Advice Bureau, shares his top tips homeowners...

Scott Clay at Together - the specialist lender - has shared a few tips for couples considering buying their first home...

With the Bank of England raising interest rates for the first time in more than three years, Brian Murphy, head of lending...

COP26 saw ambitious global net-zero targets being promised and industries are having to adapt to meet the national targets. Mortgage Advice...

Nisha Vaidya, mortgage expert at Uswitch, explains how homeowners can use low-interest rates to their advantage and help make their mortgage more...

As furlough support has begun to phase away from July 1 2021, there is still concern that this could lead to...

The latest mortgage search activity data from Legal & General Mortgage Club (L&G) shows signs that the market is beginning to...

Mortgage borrowing in the UK has now reached its highest level since 1993, with home buyers looking to make the most...

Some 26% of homeowners, or those buying a property, have missed a mortgage payment due to falling ill or having an...

Newbury Building Society has introduced a GoGreen Reward incentive to its self-build mortgage to encourage homebuilders to make conscious sustainable choices. The...

It can seem like a lifetime to reach the final instalment of a mortgage payment. But where in the UK will...

Specialist buy-to-let lender Zephyr Homeloans has introduced an online self-serve platform to allow customers to manage their mortgage account online 24/7. Landlords can use...

A mortgage advisor is urging prospective buyers to act now before the stamp duty holiday comes to an end. Matt Colley, director...

Dudley Building Society has taken steps to ensure its service for introducers and their customers will be maintained during the current...

The UK’s first buy-to-let mortgage calculator of its kind has officially been launched by BrokerSense, the provider of specialist mortgage calculators...

Mortgage broker CLS Money is targeting protection advice as a vital part of its growth strategy in 2019. The Essex-based company also...

Hanley Economic Building Society has introduced two criteria changes across its near prime product range. Borrowers who have been in a Debt...

Two new seven-year fixed rate mortgages and rate reductions of up to 0.10% have been introduced to Skipton Building Society’s residential...

Freedom Finance has urged UK families to examine their finances after revealing that an average mortgage bill could increase more than...

The number of mortgages in arrears has declined in the second quarter (Q2) of this year, being the lowest level since...

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

Gearing amongst landlords remained low in the first quarter of the year, according to Paragon Mortgages, with the average loan-to-value (LTV)...

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

Nine out 10 borrowers are opting to fix their mortgages despite little sign of forthcoming base rate hike. Historically low mortgage interest...

Government-backed plans to impose new restrictions on the availability of buy-to-let mortgages are likely to be bad news for tenants. That is...

The ability to buy an average home in England and Wales improved everywhere last year except in the South East. First-time buyers...

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

Homeowners with variable rate mortgages remain dangerously exposed to rising interest rates, new research suggests. Three out of four homeowners on a...

Lloyds Bank is looking to spread some early seasonal cheer with its latest remortgage offer. It will refund a standard monthly mortgage...

Mortgage affordability for people who want to buy a home has hit its highest level for six years. Just one in three...

Nationwide is making a series of rate reductions across its mortgage range from today with fixed rates cut by up to...