Archive

Families across the UK and even those overseas with assets in Britain need to urgently consider ways to mitigate the potential...

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

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...

Hamptons analysis of Countrywide estate agency data shows that in the first half of 2024, Londoners purchased 33,130 homes outside the...

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

The positive impact of this month’s Bank of England base rate cut, combined with other encouraging market data, has led Rightmove...

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 has rolled out its range of longer-term fixed rate mortgages to all brokers at SPF Private Clients.   SPF Private Clients...

The average shelf-life of a mortgage product has dropped to just 17 days, down from 30 days a month, according to...

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

The Mortgage Works (TMW) has reduced rates by up to 0.45 percentage points across its product range, with rates starting from...

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...

Zephyr Homeloans, the specialist buy to let mortgage provider, has launched a two-year, fixed, 80% mortgage product across its standard, HMO...

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...

A leading financial analyst says some 1.5m homeowners will need to remortgage throughout 2024 - and it’s going to hurt for...

Examples set by the big High Street brands could push more lenders into offering sub-4% rates, predicts independent mortgage monitor Moneyfacts. The...

Lloyds Bank says it expects mortgage rates to remain broadly stable for the short term after the volatility of the past...

Ground-breaking mortgage lender April Mortgages has formed a new strategic partnership with Tembo Money.   Tembo Money is a mortgage and savings platform...

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

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

Paragon Bank is offering four new limited edition buy to let mortgages, with two products suitable for landlords with three or...

Landbay has announced a raft of rate reductions across its buy to let product range, with rates falling by as much...

New research suggests that last year cash buyers accounted for the highest percentage of market activity seen in the last decade...

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...

UK lender Standard Life Home Finance has announced a new EPC scheme to encourage consumers to make their homes more sustainable.   Upon...

More rate cuts are being announced by lenders all the time as they vie for business and anticipate the Bank of...

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

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

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

Hinckley & Rugby for Intermediaries has enhanced its flexible mortgage range, cutting selected rates by up to 30bps and launching new...

The availability of deals at 95% loan-to-value has risen to its highest point in over two years.  Overall, it was the fifth...

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

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...

HSBC has made extensive cuts to rates levied on a vast range of residential and buy to let mortgages, coming into...

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

Buyers and sellers had to process a series of different numbers starting with five last week. The crucial number was 5.7%. That...

There’s been particularly sharp criticism for the Bank of England’s decision at the end of last week to hold base rate...

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...

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

A number of major mortgage lenders have announced rate increases just as the election campaign enters its second half. Barclays has increased...

Paragon Bank has launched a new refurb-to-let deal, offering landlords finance to upgrade their properties. The two refurb-to-let products are designed for...

Moneyfacts has analysed the movements in mortgage rates since the Conservatives came to office in 2010. Average two-year fixed mortgage rates fluctuated...

oneyfacts data reveals the average shelf-life of a mortgage has dropped to 15 days, down from 28 days a month prior. Month-on-month...

Jersey's mortgage rates have been consistently higher than those in the UK, sparking concern among consumers and prompting our investigation, according...

The European Central Bank has cut its key deposit rate to 3.75% - so moving faster than the Bank of England...

The mortgage market is resilient enough to endure temporary political uncertainty created by next month’s General Election. That’s the view of Jonathan...

Higher-for-longer interest rates are likely to remain for the rest of this year, warns the deVere Group, an independent financial advisory...

Rightmove says there should be a review of mortgage affordability criteria undertaken by the next government. The portal’s mortgages expert Matt Smith...

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...

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

Dudley Building Society has made its residential large loan mortgage range accessible to all brokers. Up until now, access to the building...

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...

April Mortgages has launched its new unique house purchase mortgage range. Now all registered firms will be able to offer the entire...

LiveMore, the mortgage lender for people aged 50 to 90 plus, has launched a new up to 100% standalone debt consolidation...

There was good news over the weekend as rates reductions announced late last week kicked in. Barclays has cut a number of...

Independent mortgage monitor service Moneyfacts says rises to average two- and five-year fixed mortgage rates have gained pace month-on-month. The overall five-year...

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

The latest RICS UK Residential Survey results shows the recent recovery in buyer demand has mellowed slightly, with the market impacted...

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

Buy to let lender Landbay has enhanced its like-for-like remortgage range with new lower stress testing, alongside new rate reductions. For landlords...

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...

Bank of England base rate has been held at 5.25% - where it has been for nine months. The Bank’s monetary policy...

HSBC has made a slew of changes and increases to its residential and buy to let mortgage products. The bank is introducing...

Research from independent mortgage monitor Moneyfactscompare suggests that building societies are working hard to support first-time buyers, for whom affordability has...

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

Almost three quarters of Millennial and Gen Z buyers - those aged 18 to 34 - think energy efficiency improvements will...

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,...

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

Aldermore is reintroducing a broader range of mortgages for owner occupiers. The lender says it wants to support often “overlooked customers” with...

Purplebricks has launched Purplebricks Mortgages Limited - taking over from the old Strike Financial Services brand.  A year ago the Strike online...

Several of the UK’s biggest lenders have raised rates on their mortgage products this week already, as speculation grows that the...

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

Real estate finance and investment business TAB has launched a long-term lending service extending to all stages of a property’s life...

Keystone Property Finance has expanded its services by introducing further advances for landlords undergoing product transfers. As part of Keystone’s PT Plus...

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...

Chorley Building Society has extensive enhanced its mortgage range with new products for limited company buy to let investors, holiday lets,...

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

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

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...