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...

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

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

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

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

UK Finance has released its financial services manifesto, outlining key priorities the next government should focus on. David Postings, Chief Executive of...

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...

New research from Compare the Market has revealed that nearly seven in 10 households have been caught out by surprise costs...

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

Nottingham Building Society has partnered with insurance technology firm, Uinsure to provide home insurance quotes in as little as 60 seconds. Members...

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

The Nationwide Building Society has agreed to buy Virgin Money in a £2.9 billion deal - a rare example of a...

New research indicates that the Bank of Mum and Dad may not be as prevalent as it once was, with the...

London estate agency Foxtons says its latest survey shows a major uptick in the confidence of potential sellers.  While 38 per cent...

The Suffolk Building Society has launched new mortgage products aimed at private landlords who are planning refurbishments, such as a new...

HM Land Registry says it’s working with mortgage lenders to ensure they will no longer need to chase conveyancers for updates...

A regular financial resilience barometer from a leading consultancy shows that the debt position of the lowest fifth of earners has...

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...

Just Refer, a new referral portal for national brokerage Just Mortgages and financial services arm Just Wealth, has supported brokers in...

Shawbrook Bank has seen a dramatic reduction in the time to process buy to let mortgage offers since rewriting legacy software...

A range informal media briefings on behalf of the UK government suggest that an extension of the current mortgage guarantee scheme...

Molo, which calls itself the UK’s first fully digital mortgage lender, has launched a Non-Resident Buy-to-Let Mortgages, unlocking investment opportunities for...

UK mortgage holders are repaying record amounts of mortgage debt, according to the  Equity Release Council. But the ERC claims high levels...

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

The latest house price index - this one from the Halifax - has triggered a huge wave of concern about the...

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

Nationwide Building Society has launched a new Home Energy Efficiency Tool to coincide with the debut of new green loan products. The...

Gifts and loans from the Bank of Mum & Dad (BOMAD) totalled £8.8 billion in 2022, according to the latest analysis...

Newcastle Building Society has reported record lendings for 2022 of £586 million. Significant support was provided to Members, clients, and colleagues during...

Staying close to a mortgage broker will be an important part of timing a house purchase correctly in 2023. Mortgage rates will...

As a result of the current high rates of upward house price growth, research by property purchasing specialist, HBB Solutions, has...

Amidst the soaring cost-of-living research by Warwick Estates reveals that homebuyers could save £1,200 a year by purchasing a new-build home...

This week’s mortgage roundup involves a month of firsts and milestones, with Proportunity and BuildLoan launching UK-first products for buyers. Meanwhile,...

Last week (June 16), the Bank of England increased the base rate by 0.25%, up from 1.00% to 1.25%. In response, Moneyfacts.co.uk...

For many, the Easter holidays are now in full swing and with higher demand for holidays, it can be an expensive...

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

First Time Buyer’s Fortnight aims to give potential homebuyers the information they need to make more informed decisions about the home...

Specialist savings and lending bank, Shawbrook Bank, released a new report about landlord awareness of property Energy Performance Certificate (EPC) ratings. The report...

Legal & General has unveiled the top search trends that have driven activity in the market over the past three years,...

As we’ve entered another New Year, now is as good a time as any to re-evaluate our spending habits and get...

New research conducted by specialist savings and lending bank, Shawbrook Bank, has revealed that 15% of landlords lack knowledge about impending...

When looking at the problem for a greener future many people point to cows or cars, when in fact the housing...

New research has shown it will take aspiring first-time buyers significantly longer to get on the property ladder than they expect....

Savings and lending bank Shawbrook recently conducted a Changing Face Buy-to-Let Report to investigate refurbishment costs. In total 1,000 landlords, and 1,000...

The mortgage roundup column returns to bring you the latest news on mortgage products coming to the market, featuring Furness Building...

London lettings and estate agent Benham and Reeves recently publicised which London boroughs homebuyers can purchase a property at a reduced...

Broker optimism has increased since the beginning of 2021, according to a recent survey from savings accounts, bridging loans, development finance,...

A recent study conducted by Hodge asked portfolio buy-to-let landlords and brokers for their opinions about finding the best loan. The...

According to new research from the homebuying platform, YesHomebuyers,  the majority of UK homeowners spend between £500 to £1,500 a year on...

According to new research from Direct Line Life Insurance, 6.3 million Brits would choose marriage over a mortgage. The research also...

Only a quarter (27%) of UK adults have sought financial advice ahead of ‘freedom day’ despite Covid-19 causing financial uncertainty, according...

According to new research from estate agents Purplebricks, 43% of today’s first-time buyers (FTBs) have fully funded their own deposit. While...

Action must be taken to encourage greater gender diversity in the adviser community and help support female clients, as part of...

LiveMore has announced a reduction of its standard fixed rates from five-year up to lifetime. Launched last week, the seven, 10 and...

Vernon Building Society has announced a new competitively priced mortgage, available up to 90% of the property’s value. The mortgage is designed...

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

Savings made during lockdown have allowed some borrowers to reduce their debt commitments, with a record £17.6 billion of mortgages repaid...

Property buyers in certain cities could enjoy a hat-trick of savings via the stamp duty holiday, a reduced mortgage deposit requirement and...

The time it’s taking for first-time buyers (FTBs) to save for their first home has grown by three years in some...

Private Finance, an independent whole of market mortgage adviser, has released its latest mortgage memo for February. We outline its key findings...

Shawbrook Bank has strengthened its position in the residential and buy-to-let (BTL) markets with the acquisition of specialist intermediary mortgage business,...

The majority (83%) of first-time buyers in the UK currently house-hunting have had no financial support from their parents, new research...

Almost one in three UK adults intended to buy a home in 2020, but only a third managed to progress their...

Kent Reliance for Intermediaries has launched a brand-new suite of buy-to-let and residential products. The company, part of the specialist lending and...

As the industry starts to tighten its criteria, Saffron Building Society is affirming that there is still hope for borrowers as...

Kent Reliance for Intermediaries, part of the specialist lending and retail savings group OneSavings Bank plc, has launched a new large...

Legal & General has acquired a 20% stake in the Australian lifetime mortgage business, Household Capital, through its ‘Retail Retirement’ division...

Mortgage costs in the buy-to-let (BTL) market have continued to fall over the last three months, according to Mortgage Brain. Its quarterly...

The number of property purchases supported by Help to Buy ISAs increased by 8% this year, rising from 82,940 in 2017/18...

Both the volume and value of flexible payments from pensions has hit a new high, according to Moneyfacts. Data from the money...

Paragon Bank has improved the way customers can apply for its saving range by introducing a postal application process for selected...

Over a third of people who purchased their mortgage direct from a lender have no protection policy in place, the latest...

Knight Frank Finance has launched a later life finance team, making it the first major player in the property sector to...

Leading room share platform, ideal flatmate, has done research into finding how travelling across London Underground can lead to big rental...

Dudley BS has been working for over 160 years in providing mortgages and saving accounts to customers across a local and...

Hinckley & Rugby Building Society has launched a Retirement Interest Only (RIO) mortgage exclusively through Legal & General Mortgage Club. Members of...

Nottingham Building Society has cemented its position as a leading Cash Lifetime ISA (LISA) provider as it becomes the only society...

Hinckley & Rugby Building Society has launched four exclusive mortgages for residential Joint Borrower Sole Proprietor (JBSP) applications. All four mortgages are...

Hinckley & Rugby Building Society added more than £50 million to its mortgage book in 2018, driven by high levels of...

Over two thirds (68%) of British people think lenders have too much power over borrowers. The findings come from new online polling...

Across the UK adults are signing away the biggest financial contracts of their lives without fully reading or comprehending them, new...

Kent Reliance has announced three new appointments, which it says will help it cope with increased demand from brokers. The firm, which...

Half of BTL brokers still unware of upcoming PRA changes Just over half (54%) of brokers believe that they fully understand what...

Up to 18% of homeowner’s ready to climb the property ladder find it harder than buying their first home, according to...

Approximately 1,500 members of The Nottingham Building Society (The Nottingham) are to receive a share of a £70,000 ‘cash back’ reward...

A record low in lifetime mortgage rates is driving enquiries about switching plans from existing customers, Bower Retirement say. The specialist retirement...

OneSavings Bank (OSB) has announced its new lending criteria for portfolio landlords to help brokers prepare for the PRA Phase 2...

A quarter of young people believe the only way they'll ever own a home is by inheriting cash, research by Halifax has...

Mortgage lender Kent Reliance - part of OneSavings Bank - has announced major changes to its specialist buy-to-let mortgage range. The firm...

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

Furness Building Society has made another new appointment, this time announcing Philip McLelland as non-executive director.  McLelland, a commercial finance director with...

Specialist mortgage lender Kent Reliance has partnered with The Mortgage Alliance (TMA) to offer a direct submission route for its brokers. The...

InterBay Commercial, part of specialist lending group OneSavings Bank, has strengthened its buy-to-let proposition with simplified pricing and rate drops. By adopting...

Borrowers taking out an offset mortgage have a few days left to be given a helping hand by Accord Mortgages. The...

Following the Bank of England's decision to cut the base rate to 0.25%, a fifth of 18 to 34 year-olds could...

The Association of Expert Mortgage Advisors (AEMA), which accounts for almost half of all mortgage broker business in Ireland, has announced...

Kent Reliance, part of the OneSavings Bank Group, has announced the launch of its new low mainstream LTV product range. With low...

Back in 1980 I took out my first mortgage to buy a flat in Birmingham. The flat was very affordable and...