A new first-time buyer study from Rightmove reveals that the average first-time buyer mortgage payment has risen by 61% since the...
Archive
![Mortgage Debt reduces despite Housing Market Bounce-back](/upload/images/24%2006%2019%20%2003.jpg)
Overall, the total value of the UK housing market contracted by 21% in the year to March 2024, on the back...
19 June 2024
From: Breaking News
![Mortgage Costs make buying in much of London hugely dearer than renting](/upload/images/24%2005%2020%20%2004.jpg)
Londoners looking to buy a home can expect to spend 42% more on monthly mortgage payments than tenants pay on rent,...
20 May 2024
From: Breaking News
![Mortgage costs push housing market into north-south divide](/upload/images/24%2005%2009%20%2003.jpg)
It might look like house prices have stabilised, staying relatively flat over the first four months of 2024, but at least...
09 May 2024
From: Breaking News
![Mortgage costs trigger sales surge, more demand for small units](/upload/images/24%2005%2009%20%2004.jpg)
The average selling price of property across Edinburgh, the Lothians, Fife and the Borders during February-April was £269,963, some 1.5% higher...
09 May 2024
From: Breaking News
![Mortgage Rate changes prompts housing market rethink by Savills](/upload/images/24%2005%2007%20%2001.jpg)
Savills has today upgraded its five-year UK mainstream house price forecast to reflect the stronger than expected start to the year...
07 May 2024
From: Breaking News
![Housing market buoyancy shows mortgage costs not a deterrent](/upload/images/240313%2004.jpg)
New data from Zoopla suggests that the housing market is becoming buoyant despite widespread uncertainty over the exact direction of mortgage...
13 March 2024
From: Breaking News
![Worst Case Scenario - mortgage costs up hundreds per year](/upload/images/24%2002%2021%20%2004.jpg)
A specialist lender claims that first-time buyers could see annual mortgage costs climb by £398 per year, while landlords suffer a...
21 February 2024
From: Breaking News
![Mortgage costs push big jump in buy to let landlord incorporation](/upload/images/24%2001%2024%2002.jpg)
Despite a sharp fall in the number of homes bought by landlords in 2023, the number of limited companies set up...
24 January 2024
From: Breaking News
![Bank of England chief warns of ‘future shocks’ derailing recovery](/upload/images/24%2001%2015%2002.jpg)
Bank of England governor Andrew Bailey is warning that ‘future shocks’ may yet derail economic recovery. In a session with MPs at...
15 January 2024
From: Breaking News
![Landlords hit hard by Soaring Mortgage Costs - new data](/upload/images/24%2001%2003%20%2004.jpg)
Monthly interest costs have surged by 283 per cent since 2021 for landlords using interest-only mortgages, research shows. Octane Capital compared rates...
03 January 2024
From: Breaking News
![Falling mortgage costs could trigger 2024 housing bounce - claim](/upload/images/23%2011%2029%2001.jpg)
Knight Frank says a reduction in mortgage costs as early as February - or perhaps more likely in Q2 next year...
29 November 2023
From: Breaking News
![Base Rate Decision Week - will the pause turn into an interlude?](/upload/images/__thumbs/23%2010%2030%201.jpg/23%2010%2030%201__400x267.jpg)
The Bank of England is expected to hold base rate at 5.25 per cent this week with many analysts expecting this...
30 October 2023
From: Breaking News
![Mortgage Guarantee Extension in package of first time buyer help](/upload/images/__thumbs/23%2010%2030%203.jpg/23%2010%2030%203__400x267.jpg)
A range informal media briefings on behalf of the UK government suggest that an extension of the current mortgage guarantee scheme...
30 October 2023
From: Breaking News
![Mortgage Crisis for Landlords With 40% Higher Payments](/upload/images/__thumbs/23%2010%2023%2002.jpg/23%2010%2023%2002__399x266.jpg)
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
![Average Mortgage Rates Continue To Drop](/upload/images/__thumbs/23%2010%2009%2002%20by%20Graham%20Norwood.jpg/23%2010%2009%2002%20by%20Graham%20Norwood__400x267.jpg)
It’s now the tenth week that average rates of dropped, as the slow but steady downward trend of fixed-mortgage rates continues. As...
09 October 2023
From: Breaking News
![Carry on Partying! High mortgage costs fail to deter good-time Londoners](/upload/images/__thumbs/23%2009%2027%203.jpg/23%2009%2027%203__400x267.jpg)
A consumer platform claims almost half of Londoners’ income goes on their mortgage or rent, with a third saying they pay...
27 September 2023
From: Breaking News
![Interest Rate Damage - huge regional variations to housing market](/upload/images/__thumbs/23%2009%2006%202%20Interest%20Rate%20Damage%20-%20huge%20regional%20variations%20to%20housing%20market.jpg/23%2009%2006%202%20Interest%20Rate%20Damage%20-%20huge%20regional%20variations%20to%20housing%20market__400x272.jpg)
The impact of higher interest rates isn’t felt equally across the country, according to data from the Halifax. Despite recording one of...
06 September 2023
From: Breaking News
![Brokers Issue Warning Over ‘Cut Price’ Housing Market](/upload/images/23%2008%2030%202%20Brokers%20Issue%20Warning%20Over%20%E2%80%98Cut%20Price%E2%80%99%20Housing%20Market.png)
Brokers are wanting that the recent Rightmove asking price index does not mean that sellers are necessarily in a position to...
30 August 2023
From: Breaking News
![Top lender reveals how rate hikes have hurt housing market](/upload/images/23%2008%2028%202%20Top%20lender%20reveals%20how%20rate%20hikes%20have%20hurt%20housing%20market.png)
High interest rates are worsening the affordability issues at play in the housing market, the Halifax admits. It says that downward pressure...
28 August 2023
From: Breaking News
![Mortgage costs not deterring housing market - at least not yet](/upload/images/4%20Buy-to-let-3-400x310.png)
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
![Rate Rise Preview: what it means for mortgages](/upload/images/1%20Rate%20Rise%20Preview%20-%20what%20it%20means%20for%20mortgages%20by%20Graham%20Norwood.png)
There’s almost complete unanimity amongst analysts that this week will see yet another Bank of England base rate rise - and...
20 June 2023
From: Breaking News
![Nightmare on Re-Mortgage Street - warning of woe ahead](/upload/images/__thumbs/Nightmare%20on%20Re-Mortgage%20Street%20-%20warning%20of%20woe%20ahead.jpg/Nightmare%20on%20Re-Mortgage%20Street%20-%20warning%20of%20woe%20ahead__400x266.jpg)
A leading analyst is warning that a remortgage nightmare lies await in the second half of 2023. Sarah Coles of business consultancy...
06 June 2023
From: Breaking News
![Revealed - property transactions set to fall by 17%](/upload/images/Shutterstock-only%20images/Property%20Market/HousePriceDrop-400x310.png)
House Buyer Bureau reveal that transactions could drop by 17% in spring 2023 next year. The property purchasing specialist claim that the...
22 November 2022
From: Breaking News
![Oh dear! Mortgage payments see second largest increase](/upload/images/Shutterstock-only%20images/Property%20Market/MortgageCalculated1_400x310.png)
Not the best news for the property sector, as the latest research by Revolution Brokers, shows that the monthly cost of...
06 October 2022
From: Breaking News
![Devastating hit for homebuyers as mortgage costs climb](/upload/images/Housing%20Market%20%26%20Property%20Images/MortgageStatement-400x310.png)
As governmental changes sweep through the nation, countless elements within the property sector have been affected, including mortgages. Market analysis by specialist...
27 September 2022
From: Breaking News
![Revealed - mortgage costs increase up to 21.5%](/upload/images/library/Mortgage-House-Keys-400x310.jpg)
New findings by Revolution Brokers reveal exactly how much more money homeowners and buyers can expect to pay for their mortgage...
15 September 2022
From: Breaking News
![Households hit – mortgage costs account for 28% of disposable income](/upload/images/Housing%20Market%20%26%20Property%20Images/PayingBills-400x310.jpg)
The proportion of disposable household income required to cover average mortgage repayments is 27.6% so far in 2022 – the highest...
21 July 2022
From: Breaking News
![Revealed – how much does a 50 year mortgage really cost?](/upload/images/library/MortgageRates-1-Wide.jpg)
New research by estate and lettings agent, Barrows and Forrester, uncovered the interest rates that homebuyers with a 50-year mortgage are...
14 July 2022
From: Breaking News
![Mortgage roundup – industry firsts and product enhancements](/upload/images/Site%20logos/MortgageRoundup-400x310.png)
This week’s roundup takes a look at the latest in the mortgage market, from L&G’s latest addition to its lender panel...
26 May 2022
From: Breaking News
![Homebuyers – top tips to getting mortgage ready](/upload/images/Housing%20Market%20%26%20Property%20Images/House-in-Hand-400x310.jpg)
Stipendum, the platform that aims to simplify life’s complex events, has released a number of top tips to help the nation’s...
19 April 2022
From: Breaking News
![Mortgage cost rises could hit London buyers the hardest](/upload/images/library/UpsetCouple-400x310.png)
Market analysis has revealed where house price growth could stutter should monthly interest payments start to climb as a result of...
11 January 2022
From: Breaking News
![The stamp duty holiday made first-time buyers £25k worse off](/upload/images/library/StampDuty1-400x310.jpg)
Market estate agency comparison website GetAgent.co.uk recently revealed how the stamp duty holiday has made house prices difficult for the first-time...
24 September 2021
From: Breaking News
![Significant growth in mortgage costs for low-deposit borrowers – study](/img/default/it.png)
The cost of borrowing for low-deposit borrowers has increased across all mortgage types over the last year, new data from Mortgage...
03 December 2020
From: Breaking News
![Buy-to-let mortgage costs drop as 2019 draws to a close](/img/default/it.png)
Mortgage costs in the buy-to-let (BTL) market have continued to fall over the last three months, according to Mortgage Brain. Its quarterly...
19 December 2019
From: Breaking News
![Fluctuating costs ‘unsettle’ BTL mortgage market](/img/default/it.png)
New figures released from Mortgage Brain show that the buy-to-let (BTL) mortgage market remains ‘unsettled’ with mixed movement seen in the...
28 November 2018
From: Breaking News
![BTL market entering stable period, says Mortgage Brain](/img/default/it.png)
The buy-to-let sector could be entering another period of stabilisation, according to recent analysis carried out by Mortgage Brain. The cost of...
04 July 2018
From: Breaking News
![Mortgage costs drop during Q1 2018](/img/default/it.png)
The cost of most mainstream mortgages were down when compared to the start of last year, according to the latest quarterly...
10 May 2018
From: Breaking News
![Mortgage costs increased during Q4 2017](/img/default/it.png)
The cost of mortgages is on the rise with the price of the majority of mainstream residential mortgages increasing during the...
06 February 2018
From: Breaking News
![Mortgage costs drop during second quarter](/img/default/it.png)
According to the latest data from mortgage technology provider, Mortgage Brain, the majority of mainstream mortgages have steadily decreased over the...
25 July 2017
From: Breaking News
![Buy-to-let mortgage costs remain at record lows](/img/default/it.png)
Buy-to-let mortgage costs have stabilised at record lows, according to analysis by Mortgage Brain. Costs have continued to fall on an annual basis,...
15 February 2017
From: Breaking News
![Mortgage costs on the rise, research reveals](/img/default/it.png)
The latest product data analysis from Mortgage Brain has revealed that recent predictions about potential increases in mortgage costs are starting...
18 January 2017
From: Breaking News
![‘Mortgage costs continue to fall’ - Mortgage Brain](/img/default/it.png)
The latest quarterly data analysis from Mortgage Brain shows that the cost of mortgages continued to fall over the past three...
19 October 2016
From: Breaking News
![Brokers negative about seven-day switching](/img/default/it.png)
Brokers and mortgage experts have given a thumbs down to Government proposals to introduce seven-day mortgage switching. The proposal, outlined in the...
27 May 2016
From: Breaking News
![Mortgage costs fall by £1,000 a year](/img/default/it.png)
Mortgage rates continue to fall with the majority of residential and buy-to-let rates coming down in cost over the past three...
27 April 2016
From: Breaking News
![Seven years of low rates won’t last forever](/img/default/it.png)
Tomorrow will mark the seventh anniversary of 0.5% interest rates but property experts warn that cheap money won't last forever. The average...
04 March 2016
From: Breaking News
![Brexit fears drive mortgage enquiry surge](/img/default/it.png)
The forthcoming Brexit referendum is fuelling a surge in mortgage enquiries from worried buyers and owners. They fear mortgage costs will increase if...
03 March 2016
From: Breaking News
![Mortgage rates fall across the board](/img/default/it.png)
Mortgages costs continue to fall with fixed and tracker rates now cheaper than three months ago at various LTVs. The average two-year...
12 February 2016
From: Breaking News
![Interest rate cuts save borrowers £22 billion a year](/img/default/it.png)
Interest rate cuts following the financial crisis have reduced annual mortgage costs by more than £22 billion, new figures show. The 4.5 percentage...
28 January 2016
From: Breaking News
![Buy-to-let investors fixing for longer](/img/default/it.png)
There has been a sharp decline in the number of buy-to-let investors taking out two-year fixed rates. Two-year fixed rates made up...
29 October 2015
From: Breaking News
![Higher rates 'should not be cause for concern’](/img/default/it.png)
Potential increases in the Bank of England base rate and knock-on effects on mortgage costs should not worry most homeowners, a...
28 September 2015
From: Breaking News
![Accord cuts upfront buy-to-let mortgage costs](/img/default/it.png)
Accord Mortgages has launched a range of fee-free fixed rate mortgages aimed at cutting the cost of buying or remortgaging. Landlords can...
02 September 2015
From: Breaking News
![Rush to remortgage as fixed rates creep upwards](/img/default/it.png)
Homeowners rushed to remortgage in July amid signs that fixed-rate mortgages are now starting to creep up in price. Remortgaging jumped 29%...
27 August 2015
From: Breaking News
![Buying now £670 cheaper than renting](/img/default/it.png)
The cost of buying a home for first-time buyers is £670 a year lower than renting, according to new research by...
24 August 2015
From: Breaking News
![Families can't afford to trade up in 95% of UK towns](/img/default/it.png)
New families can't afford to move up the property ladder in more than 95% of UK towns. New research published today shows they...
10 August 2015
From: Breaking News
![Limited company mortgages beat buy-to-let tax crackdown](/img/default/it.png)
More than 100 mortgages are available for landlords who buy properties through a limited company, allowing them to retain current levels...