Archive

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...

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

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

Rightmove says the housing market needs a more innovative mortgage initiative than the 99 per cent idea floated by the government. The...

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

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

There’s been an alarming set of figures in the Bank of England’s latest Money and Credit report, which relates to September. Net...

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

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

During these uncertain economic times, people are extra careful with their money, and to this end, new research reveals that 48%...

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

The UK’s largest financial services review site, Smart Money People, announced that building societies remain the top-rated sector for broker satisfaction. Leek...

The Mortgage Industry Mental Health Charter (MIMHC) has confirmed a target of 200-plus signatories by the end of 2022. Speaking during a...

A webinar poll conducted by Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, has revealed...

Mortgage Business Expo (MBE) London, taking place on October 16, will feature a keynote presentation by the Bank of England (BoE). Rob...

Independent equity release advisor Key has announced the expansion of its corporate business development team in response to growing industry demand. More...

The mortgage industry is failing to keep up with modern borrowers, according to a new study conducted by Together. It revealed that...

The Intermediary Mortgage Lenders Association (IMLA) is urging government to provide clarity around the future of the Help to Buy Equity...

TMA Club has announced the addition of Chorley Building Society to its lender panel – offering its members access to a...

Following the introduction of new lending rules in April 2016, under the Mortgage Market Review (MMR), many banks and building societies...

More than 150,000 people have become homeowners through the Government’s flagship Help to Buy housing scheme. New official figures show that 80%...

Building society mortgage approvals totalled £57.8 billion in 2015, a rise of 10% by value over the year. The mutual sector now...

Life is getting easier for first-time buyers as barriers to homeownership fall and government schemes help more climb on the property...

Santander has joined the growing list of banks and building societies that are announcing the rates on their Help to Buy...

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

More lenders are announced cut-price mortgage deals just days after predictions that the market was heading for a new price war. Tesco...

Three lenders have launched new residential mortgages aimed at buyers needing higher loan-to-value (LTV) deals. Yorkshire, Leeds and Teachers building societies have...

Building societies approved 189,000 mortgages in the first half of 2015, accounting for 29% of the total market. Societies also lent £26.4...

The number of home loans available to first-time property buyers has risen to its highest level since before the start of...

Young borrowers increasingly expect to be paying their mortgage into retirement as they stretch themselves to get on the housing ladder. Around half of...