Product choice across the mortgage market has fallen to 6,842 options this month, cancelling out July’s rise in options, figures published by Moneyfacts have shown
Octopus Money has agreed to acquire Virgin Money Investments in a move that the firm said would "significantly accelerate its growth in the direct-to-customer wealth market"
The Prudential Regulation Authority (PRA) has announced a new series of options that could make it easier for mid-sized firms to “scale-up and compete” in the residential mortgage market
UK inflation increased to 3.6% in June, after remaining at 3.4% in the 12 months to May, the Office for National Statistics (ONS) has revealed.
The latest figure is the highest inflation rate recorded since January 2024, when consumer prices index (CPI) inflation reached 4%
The Government has stated that first-time buyers will be supported in getting on the housing ladder as part of the Leeds Reforms, which aim to cut financial red tape in order to "attract investment and drive growth".
Under the changes, the Bank of England will allow lending at over 4.5 times a buyer’s income, which could help an extra 36,000 people to buy their first home in the first year of the reforms