Archive

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

Total mortgage lending sat at just £50.5 billion during the first quarter of 2024, the lowest level seen since interest rates...

Overall, the total value of the UK housing market contracted by 21% in the year to March 2024, on the back...

Mortgage experts have criticised the Reform UK housing and tax policies as being superficially appealing but risking a return to the...

Homebuyers are being gazumped due to lengthy property chains and delays in getting a mortgage, new research from Market Financial Solutions...

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

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

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...

The Building Societies Act 1986 (Amendment Bill) successfully passed its legislative stages as part of the last minute ‘wash up’ of...

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

An online agency has analysed current housing market listings to see which types of home are most in demand from England’s...

UK digital bank Chetwood Financial has completed the acquisition of the buy to let mortgage lender CHL Mortgages for Intermediaries from...

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

There was a 13% increase in Q1 2024 of 56-65 year-olds searching for their first property compared to the same period...

Rightmove is predicting some 1.1m residential transactions this year - but it says the glacial pace of house buying in the...

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

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

UK mortgage lending is forecast to grow just 1.5% (net) in 2024, according to the latest EY ITEM Club Outlook for...

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

Big demand for small properties has helped to drive growth in UK property prices in the early months of this year,...

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

The proportion of buy to let properties purchased in Southern England fell to a record low last year, continuing a trend...

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

UK residents need an average salary of close to £54,000 to purchase a property, according to new research.  The study shows that...

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

New Financial Conduct Authority statistics display housing market turbulence over the past two years, raising concerns about buyers and lenders in...

Specialist lender Hodge has joined forces with Propflo, a PropTech startup, to help customers make their properties more energy-efficient and environmentally...

Almost half (45%) of UK homebuyers would consider using an ethical finance provider that follows Islamic principles, finds Gatehouse Bank. Gatehouse Bank,...

Shared ownership has failed to deliver an affordable route to home ownership for too many and for too long, says a...

UK house prices fell by 0.2% in March. Nevertheless, the annual rate of house price growth edged higher to 1.6% in...

Mortgage approvals jumped 7.7% in February to 60,383, and were 40% higher than they were a year ago, new figures from...

Recent economic data was reassuringly predictable. We learned that core inflation fell by fractionally more than expected while services inflation proved slightly...

A 2,000-person survey has revealed the diverse financial routes that first time buyers take to get on the property ladder. The survey...

Yorkshire Building Society new fee-free offer will enable first-time buyers across England, Scotland or Wales with a £5,000 deposit to purchase...

A think tank is urging the UK government to initiate mortgage market reforms to promote higher home ownership. The Social Market Foundation...

There’s been an angry reaction to news that from today - March 18 - Halifax is changing the maximum age allowed...

The ‘average’ 25 year mortgage term is increasingly becoming a thing of the past says USwitch. A recent study of the data...

The Intermediary Mortgage Lenders Association has given the thumbs down to the Budget of Chancellor Jeremy Hunt. The trade body was disappointed...

A building society has launched a pilot project banning mortgage lending on holiday lets in two tourist areas for 12 months. Leeds...

A survey of 2,000 adults by lender Together sheds light on parental help for first time buyers. It shows that a fifth...

Remortgagers, not buyers, are fuelling the increase in mortgage industry activity. That’s the view of Octane Capital following an analysis of Bank...

There were 29,060 new mortgages taken out by older borrowers over 55 in the last three months of 2023 - down...

A specialist lender claims that first-time buyers could see annual mortgage costs climb by £398 per year, while landlords suffer a...

Nearly four in 10 portfolio landlords, those with four or more properties, plan to increase the size of their portfolios in...

Lenders’ trade body UK Finance wants the government to use next month’s Budget to announce a new Help to Buy scheme...

With the quick-fire mortgage rate cuts which characterised the past month now slipping into the rear-view mirror, the latest changes from...

Access Financial Services has partnered with Nomo Bank to offer Sharia-compliant property finance for UK rental and residential property. The products address...

The number of mortgages offered to home buyers went up from 49,300 in November to 50,500 in December, against the normal...

Almost two thirds of first time buyers mortgage completions are in joint names (with two or more people), according to 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...

The war between rival mortgage lenders continues with Halifax late last week undertaking its second re-price of the year (and it’s...

A high proportion of first time buyers take advantage of some form of assistance when purchasing their initial home. That’s the verdict...

A building society says it is considering ending its policy of lending to buyers of holiday lets. Martese Carton, the director of...

Latest Bank of England data released in recent days shows net mortgage approvals for house purchases rose from 47,900 in October...

A record number of sellers came to market on Boxing Day 2023 according to Rightmove. The 26 per cent increase in new...

The Conservatives are working on a series of schemes to help first time buyers to be unveiled at the Budget in...

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...

Two-year fixed rate mortgages have dipped below six per cent for the first time since June this year. Back in June there...

There’s been a sharp decline in household financial confidence in the UK according to the latest UK Finance sentiment survey. The Q3...

Hodge is removing height restrictions from its lending criteria, meaning it will accept applications for mortgages on homes in England that...

London accounts for the highest proportion of homebuyers using family inheritance to fund property purchases, according to compliance platform Thirdfort.  Some 18...

The research chief at lettings agency Hamptons says it’s likely that landlords have been hit harder by high interest rates than...

New data from Legal & General - based on searches to its Ignite platform - suggests a diverse mortgage market during...

The share of homes sold by a landlord in Great Britain fell from 15.7 per cent in 2022 to 14.0 per...

Many of the country’s major lenders - and quite a few smaller ones, too - have slashed mortgage rates in response...

A digital mortgage broker has launched an online tool aggregating data from over 50 Buy to Let lenders to calculate what...

The first time buyer economy, comprised of lending and spending, will reach £74.1 billion by 2025, according to research by Coventry...

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

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

A host of lenders have announced cuts to their rates in recent days, with Halifax arguably the most significant. It’s launched three-year...

Landlords in the UK are paying 40 per cent more mortgage interest than in August 2022, which equates to an extra...

The Nationwide says high interest rates are helping to redefine the housing market in terms of transaction volumes and choices of...

The number of three-year fixed mortgage products available from lenders has been rising over the last few months as borrowers coming...

UK Finance’s latest Household Finance Review - for the second quarter of this year - lifts the lid on mortgages. The headlines...

A survey by property portal OnTheMarket suggests that only six per cent of home movers are concerned in any way about...

Finance tech company Twenty7tec has produced mortgage market statistics for July 2023 - and it’s not all bad news… July was the...

A financial service trading statement by a major player this week highlights the issues facing the industry. LSL is one of the...

A new survey of 2,000 UK adults has revealed that 50 per cent of those who have applied for a mortgage...

Nearly half of mortgage brokers expect the volume of buy-to-let portfolio limited company lending they write to increase in the next...

The latest monthly criteria index from Knowledge Bank highlights the pressing financial difficulties for many in the UK - and with...

The Intermediary Mortgage Lenders Association wants the government to give additional support to landlords It says the cumulative effects of regulatory and...

Nationwide Building Society has returned to lending at 95 per cent loan to value on non-new build flats. The society reduced its...

It’s turning into a buyers’ market as sellers are accepting on average £14,000 or 4% less than their asking price, according...

Accord is once again cuts rates across its residential mortgage range by between 0.15% and 0.25%, at a time when market...

Autumn 2023 will see the return of the Homebuyer Show Scotland in Glasgow, a dedicated show for Scottish homebuyers looking to...

The latest market analysis by bridging finance specialists, Apex Bridging, has shown that £4.94bn was lent via bridging loan completions in...

Accord Mortgages is making further changes to its buy-to-let and residential rates. For the second time in as many weeks, buy to...

Mortgage interest rates increased by 2.56% in 2022, with a sharp increase from 1.51% in January to a record 4.07% on...

Foundation Home Loans, the intermediary-only specialist lender, has today announced the launch of two new Limited Edition buy-to-let products in its...

The latest market analysis by specialist property lending experts, Octane Capital, reveals that recent uncertainty in the property market during the...

MPowered Mortgages, the fintech mortgage lender using AI to speed up and simplify the mortgage journey for homebuyers and re-mortgagers, has...

Tandem Bank today launched its residential purchase proposition. The move comes earlier than expected, following the market’s positive reaction to how it...

Advisers looking to place business with Leek Building Society via Legal & General Mortgage Club will now benefit from access to...

Homebuyer confidence is higher than was expected at the end of 2022, according to a leading mortgage broker. Richard Campo, founder of...

Accord Mortgages has made changes to its buy-to-let range to offer lower rates to brokers and their clients. The intermediary-only lender is...

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

Technology firm, OneDome, has bought CMME Mortgage and Protection for an undisclosed sum. Describing itself as the world’s first eHomebuying platform, OneDome...

Although the property market is starting to slow, Stripe Property Group claims demand for new-build homes are taking the lead. In an analysis of...