The lenders’ trade body, UK Finance, has published a report examining why some landlords are falling into mortgage arrears and why...
Archive
Data from UK Finance suggests that interest-only mortgage holders are showing no obvious signs of distress despite interest rates remaining high. There...
01 July 2024
From: Breaking News
The Bank of England has been sharply criticised for an “attack on homeowners” due to its refusal to cut rates. The Monetary...
19 June 2024
From: Breaking News
Official Bank of England figures shows that net mortgage approvals for house purchases totalled 61,100 in April, little changed from 61,300...
05 June 2024
From: Breaking News
There’s been a huge rise in the number of buy to let property repossessions in the first quarter of 2024 compared...
08 April 2024
From: Breaking News
New Mortgage Lenders and Administrators statistics for Q4 2023 paint a very worrying picture of the mortgage market. That’s the view of...
20 March 2024
From: Breaking News
There’s been widespread speculation that the UK is just weeks away from seeing the launch of a Dutch mortgage product with...
12 February 2024
From: Breaking News
UK Finance says there were 93,680 homeowner mortgages in arrears of 2.5 per cent or more of the outstanding balance in...
12 February 2024
From: Breaking News
Business consultancy Hargreaves Lansdown has identified three major risks associated with the current market, characterised by falling house prices and larger...
07 February 2024
From: Breaking News
Two organisations have joined forces to create a new platform dedicated to providing holiday let mortgages. Holiday Cottage Handbook Financial Services claims...
08 January 2024
From: Breaking News
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...
20 December 2023
From: Breaking News
The Bank of England says there was £18.8 billion of mortgage borrowing in arrears in the third quarter of this year. That’s...
20 December 2023
From: Breaking News
Approaching a third of people are struggling to meet loan repayments of all kinds because of the cost of living crisis. That’s...
13 December 2023
From: Breaking News
Lenders’ trade body UK Finance says there were 11,540 buy to let mortgages in arrears of 2.5 per cent or more of...
13 November 2023
From: Breaking News
Landlords in the UK are paying 40 per cent more mortgage interest than in August 2022, which equates to an extra...
23 October 2023
From: Breaking News
Mortgage arrears in the UK jumped by almost a third between April and June compared with the same period last year,...
18 September 2023
From: Breaking News
Equifax data has found that 41 per cent of live mortgages in the UK are held by customers who will be...
13 September 2023
From: Breaking News
The number of interest-only (750,000) and part-interest-only (245,000) mortgages has halved since 2015, new Financial Conduct Authority analysis has found. The fall...
21 August 2023
From: Breaking News
New figures relating to the government’s mortgage guarantee scheme shows significant numbers of people taking out high loan to value mortgage...
25 July 2023
From: Breaking News
Nationwide says the sharp rise in the costs of mortgages is causing a "significant drag" on the housing market - but...
04 July 2023
From: Breaking News
Hertfordshire-based bridging lender TAB completed an impressive £34 million of loans back in August – up from £30 million in June...
20 September 2022
From: Breaking News
As interest and mortgage rates rise, mortgage providers are becoming stricter when it comes to who they will and will not...
26 July 2022
From: Breaking News
While tenancy disputes did see a year-on-year decline in volume during 2021, the latest industry insight from mydeposits show that there...
14 June 2022
From: Breaking News
When it comes to the money owed as a result of mortgage borrowing in the last 10 years, UK homebuyers have...
29 March 2022
From: Breaking News
In new research conducted by London estate agency, Bective, it was discovered that homebuyers on the search for a property near...
20 January 2022
From: Breaking News
Estate agent, Nested has discovered that the majority of recent UK homebuyers rated their estate agent’s performance as middle of the...
18 January 2022
From: Breaking News
This mortgage roundup highlights the latest updates and features from the UK’s leading lenders, from custom-build mortgage products and holiday let mortgages,...
11 November 2021
From: Breaking News
The mortgage roundup column returns to bring you the latest news on mortgage products coming to the market, featuring Furness Building...
12 October 2021
From: Breaking News
Activity in the housing market continued to increase in March, with Legal & General seeing a record number of searches after...
29 April 2021
From: Breaking News
LiveMore has announced a reduction of its standard fixed rates from five-year up to lifetime. Launched last week, the seven, 10 and...
15 April 2021
From: Breaking News
Advise Wise has introduced a new key facts illustration (KFI) and chase service for its mortgage club members. The new free service...
18 September 2020
From: Breaking News
Mortgage Advice Bureau York has scooped the award for the Top Business Most Improved in the business category at its annual...
05 June 2019
From: Breaking News
Asset management specialist Spicerhaart Corporate Sales has joined forces with fact-finding experts Excel and UK law firm TLT to create an...
30 April 2019
From: Breaking News
Legal & General Home Finance has announced a new 5-year partnership agreement with Virgin Money. The alliance will see the retirement lender...
21 August 2018
From: Breaking News
Half a million households would be at risk of negative equity if there was a drop in the average UK house...
15 February 2018
From: Breaking News
Shawbrook’s Residential Mortgages team announced that it has lowered the fixed and variable rates on its 55 Plus Interest-Only Mortgage. With interest-only...
31 August 2017
From: Breaking News
The number of mortgages in arrears has declined in the second quarter (Q2) of this year, being the lowest level since...
16 August 2017
From: Breaking News
Accord Buy to Let has announced details of its lending criteria for portfolio landlords, set to come into effect on 30...
01 August 2017
From: Breaking News
Two lenders have launched new mortgage products with LTVs of over 90%. Furness Building Society has introduced a range of five-year fixed...
21 October 2016
From: Breaking News
Legal & General Mortgage Club has partnered with technology firm Twenty7Tec to provide brokers with a second charge sourcing solution. This follows...
16 May 2016
From: Breaking News
A new report from Halifax has found that delays in getting on to the property ladder could force many people to...
04 May 2016
From: Breaking News
The number of landlords planning to buy a new buy-to-let property has dropped by a third since the stamp duty surcharge...
28 April 2016
From: Breaking News
The number of offset mortgage deals on the market has fallen to a five-year low, new research suggests. And the decline is...
16 February 2016
From: Breaking News
This week, SearchFlow launches it new brand. Group Marketing and Communications Director, Maud Rousseau discusses the ethos behind the new brand...
21 January 2016
From: 60 Second Interview
Yorkshire Building Society has just launched a new two-year fixed rate mortgage priced at 3.68% until 31 January 2018. This deal is...
16 December 2015
From: Breaking News
Members of Legal & General’s Mortgage Club now have direct access to Kent Reliance’s mortgage range. Kent Reliance, the specialist intermediary lender...
11 November 2015
From: Breaking News
Forthcoming tax and regulatory changes are set to inflict "unintended and perhaps damaging consequences" on the buy-to-let boom. A new report from...
23 September 2015
From: Breaking News
Brokers have welcomed new figures showing a sharp decline in the number of interest-only loans over the past year. Over the past...
23 September 2015
From: Breaking News
Five-year fixed rates are the latest mortgage battleground with HSBC and Leeds Building Society both launching market-leading rates. This shows that lenders...
02 September 2015
From: Breaking News
More than 600,000 Britons intend to use all or part of their pension to help repay their mortgage balance, new research...