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News in brief - 2 December 2024
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Mortgage approvals hit highest level in two years – BoE
MORTGAGES
There are 2495 articles for the MORTGAGES category
UK house prices have increased by 3.7% year-on-year in November, jumping from a growth of 2.4% in October, Nationwide has revealed.
The building society’s house price index found that this is the fastest increase since November 2022
Posted: 2/12/2024
Net mortgage approvals for house purchases increased to 68,300 in October, the highest level in over two years, new Bank of England (BoE) data has shown
Posted: 29/11/2024
The number of residential transactions in the UK reached 100,410 in October, an increase of 21% year-on-year, HM Revenue and Customs (HMRC) has revealed
Posted: 29/11/2024
The Association of Mortgage Intermediaries (AMI) has appointed Stephanie Charman as successor to Robert Sinclair as chief executive of the trade body.
Charman will join the AMI from her current role as group partnerships and propositions director at Sesame Bankhall Group, after spending over seven years with the business
Posted: 29/11/2024
Affordability in the housing market is improving from a combination of modest house price inflation and strong wage growth, new analysis by Halifax has highlighted
Posted: 28/11/2024
Target Group has announced a new partnership with software provider, Provenir, to help power its mortgage originations platform, Mortgage Hub
Posted: 28/11/2024
A total £8.9bn worth of mortgages have been supported by the Government’s Mortgage Guarantee Scheme, new figures published by the Treasury have shown
Posted: 27/11/2024
Two in five brokers (40.7%) who have encountered a vulnerable client do not share vulnerability information with lenders, new research commissioned by Smart Money People has highlighted
Posted: 27/11/2024
Analysts have stated that 2024 could be the "worst year ever" for the Help to Buy ISA, after the scheme was used to buy 10,977 properties in the three months to June
Posted: 27/11/2024
Almost all (95%) property professionals have expressed doubt that the new Government housing target will be reached, Countrywide Surveying Services (CSS) has found
Posted: 22/11/2024
The rate of annual house price growth jumped by 0.2% in September, new figures published by the Office for National Statistics (ONS) have shown
Posted: 20/11/2024
Almost two thirds (64%) of first-time buyers (FTBs) are unaware of the higher LTV options available to them, Pepper Money has found
Posted: 19/11/2024
Mortgage balances at Hanley Economic Building Society have increased from £345.85m in 2023 to £379.62m, a 9.77% jump year-on-year
Posted: 19/11/2024
Confidence in the mortgage market among intermediaries remained at its long-term level in the third quarter, new analysis by the Intermediary Mortgage Lenders Association (IMLA) has shown
Posted: 18/11/2024
Specialist lender, Together, has launched three new network partnerships with Stonebridge, Rosemount and Mortgage Intelligence
Posted: 18/11/2024
Mortgage possession claims jumped by 56% in Q3 compared to the same period last year, new data published by the Ministry of Justice has revealed
Posted: 15/11/2024
Hinckley & Rugby Building Society has partnered with Digital Buildings Limited to launch Retrogreen, a new retrofit proposition designed to support homeowners to improve the energy efficiency of their homes
Posted: 15/11/2024
Home buyer enquiries have increased by 12% in October, extending the run of positive returns for a fourth consecutive month, the Royal Institution of Chartered Surveyors (RICS) has revealed
Posted: 14/11/2024
Over four in five (81%) mortgage brokers have expressed optimism about business growth over the next year but have also cited concerns that could potentially impact their operations, Investec has found
Posted: 14/11/2024
The average house price in Scotland has reached over £226,000 for the first time, increasing by 2% annually in September, Walker Fraser Steele has revealed
Posted: 13/11/2024
Product choice across the mortgage market has registered the largest reduction in over a year, according to new data published by Moneyfacts
Posted: 11/11/2024
House prices in England and Wales have increased month-on-month for the first time in half a year, e.surv has found
Posted: 08/11/2024
The total number of mortgages in arrears of at least 2.5% dropped by 3% in Q3 compared to the previous quarter, new UK Finance figures have shown
Posted: 07/11/2024
House prices in the UK increased by 3.9% annually in October, easing from 4.6% growth in September, Halifax has found
Posted: 07/11/2024
Almost three quarters (72%) of business owners believe that self-employment makes it harder to get a mortgage, Pepper Money has found
Posted: 07/11/2024
Profitability levels reported by landlords in Q3 2024 hit the highest point since Q1 2022, Paragon Bank research has found
Posted: 05/11/2024
e.surv Chartered Surveyors has acquired the assets and brand of Acadata for an undisclosed amount
Posted: 04/11/2024
The number of homebuyers instructing a home condition survey with their most recent property purchase increased by 5.4% in Q3, Countrywide Surveying Services (CSS) has found
Posted: 04/11/2024
House prices in the UK increased by 0.1% in October, when taking account of seasonal effects, Nationwide has found
Posted: 1/11/2024
The number of residential property transactions increased by less than 1% month-on-month in September, rising for the first time since May.
HMRC revealed that there were an estimated 91,820 residential transactions in September, a year-on-year increase of 9%.
Posted: 31/10/2024
MoneyAge has rounded up some reaction from the mortgage industry to the Budget and the implications that could be felt across the market
Posted: 30/10/2024
Mortgage approvals increased to their highest net level in over two years during September, according to new Bank of England (BoE) figures
Posted: 29/10/2024
Fifty per cent of potential homebuyers with adverse credit said they would speak to a broker for advice on getting a mortgage, Pepper Money has found
Posted: 29/10/2024
House sales are at their highest level since late 2020, Zoopla has stated, amid rising incomes combined with average mortgage rates currently reaching their lowest for two years
Posted: 28/10/2024
A vast majority of landlords (91%) believe that Wednesday’s Budget will be negative towards them, research by Pegasus Insight has indicated
Posted: 28/10/2024
Over three quarters (76%) of first-time buyers (FTBs) believe the Government should do more to support them getting on the property ladder, Moneybox has found
Posted: 24/10/2024
Homeowners who purchased their current home within the last 20 years are sitting on an average of £80,000 in property value gains, according to new analysis by Zoopla
Posted: 18/10/2024
The upcoming Budget must include a replacement for the help to buy scheme to support first-time buyers joining the property ladder, Just Mortgages has said
Posted: 16/10/2024
Annual house price growth rose to 2.8% in the year to August, according to the latest UK House Price Index published by the Land Registry
Posted: 16/10/2024
Overall product choice across the mortgage market has jumped to 6,645 options in October, the first rise since July, according to new Moneyfacts data
Posted: 15/10/2024
More than a quarter of people (26%) think they need to wait at least five years after receiving a county court judgement (CCJ) before applying for a mortgage, research by Pepper Money has shown
Posted: 15/10/2024
Lenders and mortgage brokers have called on the Chancellor to introduce key reforms to stamp duty in the upcoming Budget, aimed at boosting energy efficiency in properties and stimulating the housing market
Posted: 14/10/2024
Sixty per cent of buy-to-let (BTL) landlords are "optimistic" about the performance of their property investment in the next year, both across capital growth and rental returns, Butterfield Mortgages Limited (BML) has found
Posted: 14/10/2024
House prices in Scotland increased by 2.5% year-on-year in August, the strongest growth since April, Walker Fraser Steele has revealed
Posted: 11/10/2024
Sesame Bankhall Group has confirmed a new partnership with rate monitoring tool, Mortgage Metrics
Posted: 10/10/2024
Business volumes in the second charge mortgage market grew by 16% in August compared to the same month last year, new figures published by the Finance & Leasing Association (FLA) have revealed
Posted: 09/10/2024
Over half (53%) of homeowners are yet to try remortgaging online, presenting a “significant opportunity” for lenders to develop digital remortgage solutions, according to finova
Posted: 09/10/2024
House prices have increased by 4.7% year-on-year, the strongest rate since November 2022, Halifax has revealed
Posted: 07/10/2024
There has been a 67% increase in the number of tracker mortgages taken out over the past three years, according to data from the Financial Conduct Authority.
A Freedom of Information (FOI) request by Quilter showed that the number of tracker mortgages taken out has surged, rising from 118,818 in 2021 to 198,044 by Q1 of 2024
Posted: 04/10/2024
Housing market activity is continuing to rebound with both sales agreed and buyer demand up by more than a quarter over the last four weeks compared to the same period a year ago
Posted: 03/10/2024
Elizabeth Passey has been announced as the new chair of the Financial Services Compensation Scheme’s (FSCS) board
Posted: 01/10/2024
Net mortgage approvals for house purchases rose to 64,900 in August, the highest level in two years, according to new Bank of England (BoE) figures
Posted: 30/09/2024
House prices increased by 3.2% year-on-year in September, the highest jump in prices in almost two years, Nationwide has revealed
Posted: 30/09/2024
The number of UK residential property transactions grew by 5% in August compared to the same month last year, new HMRC data has revealed
Posted: 27/09/2024
High street lenders have reduced the average application processing time by 30%, from 14 days in 2022 to 10 days in 2024, finova has found
Posted: 27/09/2024
Almost three quarters (71%) of recent first-time buyers (FTBs) have received financial support to purchase their first home, Moneybox has revealed.
Posted: 24/09/2024
The number of landlords who utilise company structures and incorporate their portfolios has seen a sharp rise over the last four years, Paragon Bank has revealed
Posted: 18/09/2024
UK house price growth slowed to 2.2% in the year to July, according to the latest UK House Price Index from the Land Registry, down from a revised 2.7% in the 12 months to June
Posted: 18/09/2024
The number of sales agreed for new build homes has fallen by 21% between 2019 and 2024, TwentyCi has revealed
Posted: 17/09/2024
The Open Property Data Association (OPDA) has launched a survey across over 30 of its member firms to discover what buyers think should be done to improve homebuying in the UK
Posted: 17/09/2024
The ‘Bank of Family’ is expected to help fund 42% of UK property purchases made by those aged under 55 in 2024, new research from Legal and General and the Centre for Economics and Business Research has indicated
Posted: 16/09/2024
Prospective homebuyers are preparing to invest significant amounts in retrofitting and renovating their properties, research from the Mortgage Advice Bureau (MAB) has indicated, with the average expected expenditure reaching £35,523
Posted: 16/09/2024
New business volumes in the consumer finance industry increased by 4% in July compared to the same month last year, new figures published by the Finance & Leasing Association (FLA) have indicated.
The latest data has shown that over the opening seven months of 2024, new consumer finance business has “held steady” compared with the same period in 2023
Posted: 13/09/2024
Homebuyers are calling for action from the Government to tackle the challenging conditions of the UK property market, according to new research Market Financial Solutions
Posted: 12/09/2024
eConveyancer has announced the renewal of its longstanding partnership with L&C Mortgages
Posted: 12/09/2024
NatWest has become the latest mortgage lender to join the Open Property Data Association (OPDA)
Posted: 11/09/2024
The outstanding value of all residential mortgage loans climbed to £1.66trn in the second quarter of the year, a figure up 0.4% on Q1
Posted: 10/09/2024
Average mortgage rates on the overall two and five-year fixed rate deals fell month-on-month by 0.21% and 0.18% respectively during August, new Moneyfacts data has indicated
Posted: 09/09/2024
House prices rose by 4.3% on an annual basis in August which is the strongest rate of annual growth seen since November 2022, the latest Halifax House Price Index has revealed
Posted: 06/09/2024
Two in five (40%) first-time buyers (FTBs) have found it difficult to secure a favourable mortgage rate, new research by Moneybox has indicated
Posted: 05/09/2024
Recovering house prices in the first half of 2024 have driven the total value of the UK’s property equity to £5.7trn, analysis by the Equity Release Council has indicated
Posted: 04/09/2024
One in five people between the ages of 18 and 34 are unsure if they will ever own a home or are not planning to do so at all, new research by Yorkshire Building Society has indicated
Posted: 03/09/2024
The number of residential property transactions across the UK registered a 13% year-on-year rise in July, new HMRC figures have indicated
Posted: 30/08/2024
House prices in the UK have jumped annually by 2.4% in August, following a year-on-year increase of 2.1% in July, Nationwide has revealed
Posted: 30/08/2024
A total 32,290 new loans were advanced to older borrowers in the second quarter, a figure down 8.34% compared to last year, new UK Finance data has revealed
Posted: 29/08/2024
House prices have risen by 1.4% over the first seven months of 2024, which compares to 0.1% growth in the first seven months of 2023
Posted: 28/08/2024
Today's round up of developments coming out of the consumer finance space, featuring Fleet Mortgages, CHL Mortgages and Accord Mortgages
Posted: 23/08/2024
Over a quarter (28%) of Brits said they would consider a fixed-rate mortgage, making it the most popular product type, Compare the Market has found
Posted: 22/08/2024
Labour plans to introduce a “freedom to buy” mortgage guarantee scheme are unlikely to achieve the desired impact in supporting prospective first-time buyers, according to Quilter
Posted: 21/08/2024
Almost two in five (38%) of homeowners aged 65 and over have admitted to never checking if they were entitled to extra benefits, HUB Financial Solutions has found
Posted: 19/08/2024
The average price of new property coming to the market has registered a seasonal drop of 1.5% this month, according to the latest Rightmove House Price Index
Posted: 19/08/2024
Over half (56%) of private renters in the UK have no form of financial protection in place, despite a third needing to take extended time off work, Scottish Widows has found
Posted: 19/08/2024
Buy-to-let (BTL) landlords continue to favour the stability of a fixed rate mortgage, with the majority set to choose a five-year fixed rate when they come to remortgage, Landbay has revealed
Posted: 16/08/2024
OSB Group has reported a fall in originations to £1.9bn in its opening first half, down from £2.3bn in H1 2023
Posted: 15/08/2024
Thirty-two per cent of prospective buyers are delaying their property purchase, with the number rising to 36% for first-time buyers, the Mortgage Advice Bureau has revealed
Posted: 14/08/2024
Annual house price inflation in the UK stayed flat at 2.7% in the year to June, according to the latest UK House Price Index from the Land Registry
Posted: 14/08/2024
The average shelf-life of a mortgage product fell to 17 days in July, having stood at 30 days a month earlier, Moneyfacts has revealed
Posted: 13/08/2024
The private rental sector is facing a significant challenge in meeting the Government’s newly proposed energy efficiency target, new research by Hamptons has warned
Posted: 12/08/2024
Average rental yields have reached 6.3% in Q2 2024, the highest figure for over a decade, Foundation Home Loans has found
Posted: 12/08/2024
House price growth in Scotland has started to slow after three months of rises, Walker Fraser Steele has reported
Posted: 12/08/2024
The average house price in England and Wales now stands at £360,630, a drop of 1.3% annually, e.surv has found
Posted: 09/08/2024
Intermediary confidence has increased once again in Q2 2024 as business volumes continue to grow, the Intermediary Mortgage Lenders Association (IMLA) has revealed
Posted: 08/08/2024
The number of homeowner mortgages in arrears of 2.5% or more of the outstanding balance in the second quarter stood at 96,070, broadly unchanged quarter-on-quarter, UK Finance has revealed
Posted: 08/08/2024
Landlords generated average rental yields of 6.3% in the second quarter of the year, the highest level in a decade, according to new research published by Paragon Bank
Posted: 07/08/2024
House prices increased by 0.8% month-on-month in July, after three "relatively flat months", Halifax has found
Posted: 07/08/2024
Just under one in five (18%) of people have said they feel knowledgeable about mortgages, Yorkshire Building Society has found
Posted: 05/08/2024
More than seven in 10 property professionals are in favour of pre-sale surveys, new research by Countrywide Surveying Services (CSS) has indicated
Posted: 02/08/2024
House prices have seen the fastest pace of growth since December 2022, as the annual growth rate jumped from 1.5% in June to 2.1% in July
Posted: 01/08/2024
The number of searches for remortgage terms across 10-15 years by people aged over 50 years old has increased by 156% year-on-year, Legal & General (L&G) has found
Posted: 31/07/2024
The number of property transactions in the UK has fallen month-on-month in June for the first time in five months, HM Revenue and Customs (HMRC) has revealed
Posted: 31/07/2024
House prices are set to rise by 1.5% by the end of the year, as the average house price in the UK reached £265,600 in June, Zoopla has revealed
Posted: 30/07/2024
Almost one in five (18%) of those who have had to remortgage onto a higher rate since the end of 2022 have "poor" or "very poor" financial resilience, Hargreaves Lansdown (HL) has revealed
Posted: 29/07/2024
The average house price in Wales has increased in the second quarter of 2024 for the first time since December 2022
Posted: 29/07/2024
Net borrowing of mortgage debt across the UK increased to £2.7bn in June, up from a total of £1.3bn in May
Posted: 29/07/2024
More than half (51%) of mortgage intermediary firms are looking to expand, reflecting growing optimism amongst brokers, Paragon Bank has found
Posted: 26/7/2024
Total lending in equity release has increased by 15% to £578m in the second quarter of 2024, while new customers taking out new products made Q2 the busiest quarter for almost a year for the equity release market
Posted: 25/7/2024
The volume of lending for buy-to-let (BTL) house purchases has more than halved over the course of 2023, with the number of new mortgage loans being granted dropping from 25,280 in Q4 2022 to 12,422 in Q1 2024
Posted: 22/7/2024
Twenty7tec has partnered with Ecology Building Society by adding the firm to its SOURCE module
Posted: 15/07/2024
Try Mortgage Network (TMN) has announced a new partnership with insurance technology platform, UnderwriteMe
Posted: 12/07/2024
House prices in Scotland have increased by 0.3% month-on-month in May, as the average price for a property reached a third consecutive record of £225,636, Walker Fraser Steele has found
Posted: 11/07/2024
Green Mortgages has launched a new partnership with Propflo to introduce a “one-stop-shop” for green home improvements
Posted: 10/07/2024
The majority (85%) of buy-to-let (BTL) landlords plan to raise rents on their properties in the next 12 months, Landbay has found
Posted: 10/07/2024
The number of searches for remortgage products fell by 7.3% month-on-month in June, and annual searches dropped by almost a quarter (24.8%), Twenty7tec has found
Posted: 09/07/2024
House prices in England and Wales have fallen by 1.6% annually, with the average house price across the two nations standing at £360,175, e.surv has found
Posted: 09/07/2024
Rachel Reeves has confirmed that the new Labour Government will bring back compulsory housebuilding targets in her first speech as the new Chancellor
Posted: 08/07/2024
The change in house prices remained "relatively flat" month-on-month in June, with prices dropping by 0.2%, Halifax has revealed
Posted: 05/07/2024
Mortgage Intelligence has added Mortgage Brain’s Criteria Brain and Affordability Brain software to its suite of free tools for network members
Posted: 04/07/2024
One in five prospective homebuyers (22%) are planning to make their homes more energy efficient in the hope of securing more favourable mortgage deals, according to new research by Mortgage Advice Bureau (MAB)
Posted: 03/07/2024
Tuscan Capital has completed a £2.1m mid-term loan for two mixed-use properties in the Midlands
Posted: 03/07/2024
A third (34%) of aspiring first-time buyers (FTBs) believe that Labour is the party best placed to support them in sourcing homeownership, Moneybox has revealed
Posted: 03/07/2024
Over half of landlords treat the management of their properties as a full-time job, Landbay has found
Posted: 03/07/2024
The total average rental yield in England and Wales rose to 7.6% in the second quarter, according to new figures published by Fleet Mortgages
Posted: 02/07/2024
Equity release customers are set to save almost £300m in borrowing costs over the next two decades, having used the freedom to make voluntary penalty-free loan repayments, the Equity Release Council has revealed
Posted: 01/07/2024
Net borrowing of mortgage debt by individuals across the UK fell from £2.2bn in April to £1.2bn in May, new figures published by the Bank of England (BoE) have revealed.
The Bank’s latest data also showed that net mortgage approvals for house purchases, totalled 60,000 in May, a slight fall from 60,800 in April
Posted: 01/07/2024
House prices in the UK increased by 1.5% year-on-year in June, with the average house price now standing at £266,064, Nationwide has found
Posted: 01/07/2024
The average UK house price is on track to be 1.5% higher by the end of 2024, new forecasts from Zoopla have indicated
Posted: 28/06/2024
The number of residential property transactions in May increased by 17% year-on-year to 91,290, HM Revenue and Customs (HMRC) has revealed
Posted: 28/06/2024
An estimated 18 million UK homes have an Energy Performance Certificate (EPC) rating of D or below, new analysis by Rightmove has indicated
Posted: 27/06/2024
London’s first-time buyer numbers increased to a 20-year high last year as 181,000 buyers secured their first step onto the housing ladder, according to research from Benham and Reeves
Posted: 26/06/2024
The number of pure interest-only homeowner mortgages outstanding at the end of 2023 fell by 5.4% year-on-year to 664,000, new figures published by UK Finance have revealed
Posted: 25/06/2024
The average first-time buyer mortgage payment has increased by 61% since the last General Election in 2019, Rightmove has revealed
Posted: 25/06/2024
The Intermediary Mortgage Lenders Association (IMLA) has called on the Government to conduct a review into regulatory barriers to first-time ownership
Posted: 25/06/2024
LHV Bank has completed a loan of around £7m for the purchase of a residential investment property in a town in Surrey
Posted: 24/06/2024
More UK adults have applied for payday loans (18%) than mortgages (10%) in the past six months, new research by Moneyhub has revealed
Posted: 24/06/2024
Half of HMO landlords have said they use their property or portfolio as their sole source of income, a study by Landbay has revealed
Posted: 21/06/2024
The annual rate of UK house price growth climbed to 1.1% in the year to April, up from a revised increase of 0.9% in March, according to the latest UK House Price Index published by the Land Registry
Posted: 19/06/2024
April Mortgages has been praised for the "security" that it offered when supporting a borrower with a 15-year fixed rate mortgage
Posted: 18/6/2024
The Labour Party has stated that it will introduce a "permanent, comprehensive mortgage guarantee", should it be elected to power on 4 July
Posted: 13/06/2024
The average house price in Scotland has jumped by more than £4,000 so far this year, Walker Fraser Steele has found
Posted: 13/06/2024
LiveMore has successfully priced and completed its inaugural securitisation, totalling £208.1m of prime and near prime owner-occupied mortgage loans
Posted: 12/06/2024
Two in five (40%) renters are considering moving back in with their parents in order to boost their first-time buyer savings, Skipton Building Society has revealed
Posted: 12/06/2024
One Mortgage System has (OMS) announced a full application programming interface (API) integration with new second charge lender, Interbridge Mortgages
Posted: 12/06/2024
Broker satisfaction with lenders improved in the first half of 2024, to 83.7% among all brokers, new research by Smart Money People has indicated
Posted: 12/06/2024
The Conservative Party has announced plans to introduce a "new and improved" Help to Buy scheme as part of its manifesto for the General Election.
Under proposals announced this afternoon, the Party said that it would provide first-time buyers with an equity loan of up to 20%, which will be put towards the cost of a new build home
Posted: 11/06/2024
The outstanding value of all residential mortgage loans in the UK stood at £1.65trn at the end of Q1 this year, down slightly by 0.1% from the previous quarter
Posted: 11/06/2024
Almost nine in 10 (87%) of mortgage owners over the age of 55 have said that their mental health has suffered as a result of the cost of living crisis, Key has revealed
Posted: 11/06/2024
Consumer spending on rent and mortgages increased 6.3% year-on-year in May, up from 3.6% in April, according to new analysis by Barclays
Posted: 11/06/2024
House prices fell 3.3% annually in April despite downward price pressures continuing to ease across the board, e.surv has found
Posted: 11/06/2024
The average shelf-life of a mortgage has dropped to 15 days at the start of June, compared to 28 days a month earlier, Moneyfacts has found
Posted: 10/06/2024
The Labour Party has stated that it will secure a scheme that is designed to ensure low-deposit mortgages are available for first-time buyers, if they win the General Election
Posted: 07/06/2024
Average house price growth in the UK remained broadly stable during May, falling just 0.1% on a monthly basis
Posted: 07/06/2024
Rental inflation increased by 6.6% in April 2024, which is the slowest rate of inflation since October 2021, Zoopla has reported
Posted: 07/06/2024
April Mortgages has rolled out its mortgage range to all HLPartnership advisers and launched into the house purchase market
Posted: 04/06/2024
Forty-four per cent of landlords in the UK have stated that they plan to buy property in the next 12 months, Landbay has found
Posted: 04/06/2024
Two in three (65%) prospective first-time buyers cannot accurately define shared ownership, a new study from The Mortgage Lender (TML) has revealed
Posted: 04/06/2024
Mortgage borrowing has fallen in Q1 year-on-year, despite growth in the number of mortgage applications at the end of 2023, UK Finance has found
Posted: 03/06/2024
The number of mortgage approvals remained broadly flat in April, new figures from the Bank of England (BoE) have shown
Posted: 31/05/2024
The number of residential property transactions jumped by 17% annually in April, according to new estimates published by HMRC
Posted: 31/05/2024
House prices in the UK have continued to increase on an annual basis, as the average price jumped by 1.3% in May to £264,249, after growth of 0.6% in April, Nationwide has found
Posted: 31/05/2024
Target Group has enhanced its Mortgage Hub originations platform with real-time transaction data from credit risk solutions provider, Atto
Posted: 30/05/2024
First-time buyers are set to make up 40% of the mortgage market in 2024, which is a 25% activity increase over the past eight years, Yorkshire Building Society has revealed
Posted: 30/05/2024
The number of homes on sale in the UK is at the highest figure for the past eight years as sellers return to the market, Zoopla has found
Posted: 30/05/2024
The total of new loans advanced to older borrowers fell annually by 11.7% during the first quarter, new UK Finance figures have shown
Posted: 30/05/2024
Bridging loan books reached a new record high of £8.1bn in the first quarter, new figures published by the Association of Short-Term Lenders (ASTL) have shown
Posted: 30/05/2024
Mortgage technology provider Koodoo and intermediary platform Acre have announced the launch of a new partnership
Posted: 29/05/2024
Almost a quarter (23%) of renters aged between 21 and 34 have stated that they frequently consider moving back into their family home, primarily due to high general living costs
Posted: 29/05/2024
Two in five landlords (41%) are still undecided on who to vote for in the upcoming General Election, new research from Landbay has suggested
Posted: 28/05/2024
The General Election is "unlikely" to impact the positive property market revival of recent months, eXp UK has stated
Posted: 28/05/2024
Dudley Building Society has launched a large loan residential mortgage offering to the whole of the market
Posted: 28/05/2024
More than four in five landlords (83%) are reporting strong levels of tenant demand, new research from Paragon Bank has indicated
Posted: 24/05/2024
Over two thirds of brokers have said that lending up to and into retirement is changing, with greater numbers borrowing into their retirement in order to ease debt consolidation and day-to-day living costs, Hodge has found
Posted: 23/05/2024
The Intermediary Mortgage Lenders’ Association (IMLA) is supporting calls from the Building Societies Association (BSA) for the Government to introduce reforms to assist first-time buyers and address the UK’s housing crisis
Posted: 22/05/2024
House prices in the UK jumped by 1.8% annually to an average price of £283,000 in March, HM Land Registry has revealed
Posted: 22/05/2024
A significant number of homeowners over the age of 55 are braced for major increases to their monthly mortgage payments as their fixed rate deals come to an end, new research by Key Later Life Finance has indicated
Posted: 21/05/2024
The average asking price for a property in the UK has hit a record high, with the average price reaching £375,131 in May, Rightmove has found
Posted: 20/5/2024
Over half (51%) of mortgage borrowers have chosen a term of 30 years or more in the past year, Uswitch has found
Posted: 17/5/2024
Confidence among mortgage intermediaries increased in the first quarter, new research by the Intermediary Mortgage Lenders Association (IMLA) has indicated
Posted: 16/05/2024
The first quarter of the year saw a 13% rise in the number of mortgage adviser searches among older buyers, new research from Legal & General has shown
Posted: 15/05/2024
Last year saw the lowest number of properties ever bought using a Help to Buy ISA, new Treasury figures have revealed.
Just 45,016 properties were purchased using the scheme, less than half the 93,922 bought in 2021
Posted: 15/05/2024
New business volumes in the consumer finance space totalled £10.5bn in March, a 4% fall compared with the same month last year, new figures published by the Finance & Leasing Association (FLA) have shown
Posted: 14/05/2024
House prices in Scotland increased by 1.4% month-on-month in March, having seen five consecutive monthly declines to outperform both the English and Welsh housing markets, Walker Fraser Steele has found
Posted: 14/05/2024
Virgin Money has reported a 2% fall in mortgage lending to £56.6bn for the first six months of its financial year, after citing a “subdued market” in H1
Posted: 14/05/2024
Overall product choice in the mortgage market has increased to 6,565 options, its highest level for 16 years, new data from Moneyfacts has shown
Posted: 13/05/2024
Over a million people have taken out a new mortgage in the past three years that will run past the state pension age, a freedom of information request from LCP has revealed
Posted: 13/05/2024
House transactions in England and Wales are at the lowest level recorded since 1995, e.surv has found
Posted: 13/05/2024
Marsden Building Society has announced new changes to its Guernsey mortgage portfolio with reduced rates, capital raising and interest-only options
Posted: 10/05/2024
The total number of UK mortgages in arrears saw a slight increase of 3% in Q1 compared to the previous quarter, new UK Finance figures have shown
Posted: 09/05/2024
Over one in five (22%) buy-to-let (BTL) landlords have moved to a new lender when remortgaging their property to cut costs, Foundation Home Loans has found
Posted: 08/05/2024
Almost three quarters (74%) of young people aged between 18 and 34 believe that energy efficient improvements will increase the value of their home, Coventry for Intermediaries has found
Posted: 07/05/2024
The average house price in the UK increased by 0.1% month-on-month to £288,781, Halifax has found
Posted: 07/05/2024
Coventry Building Society has called on the Government to implement changes to stamp duty following HMRC’s figures this week that revealed residential property transactions have slumped to a four-year low in the first quarter
Posted: 02/05/2024
Later life lending platform, Air, has launched a new partnership with Mortgage Intelligence
Posted: 02/05/2024
Regional differences are acting as barriers to those looking to step onto the property ladder for the first time, research by Coventry for intermediaries has indicated
Posted: 01/05/2024
House prices in the UK have fallen by 0.4% month-on-month, as the housing market continues to struggle with "affordability pressures", Nationwide has revealed
Posted: 01/05/2024
The number of transactions for residential properties in the UK reached 86,980 in March, a figure up by 20% in comparison to February
Posted: 30/04/2024
Net mortgage approvals climbed to 61,300 in March, a figure up slightly on February’s total of 60,500, new Bank of England (BoE) figures have shown
Posted: 30/04/2024
Over half (56%) of new customers who have made use of equity release products opted for drawdown lifetime mortgages, the Equity Release Council has found
Posted: 29/04/2024
House sales are 12% higher compared to their level from a year ago as the housing market continues to benefit from more homes being for sale and renewed confidence among buyers
Posted: 29/04/2024
Iress has announced that mortgage products from Nomo Bank are now live on its Xplan Mortgage and Trigold systems
Posted: 26/04/2024
NatWest has reported a fall in its total gross new mortgage lending to £5.2bn in the first quarter of 2024, a figure down from £9.9bn in Q1 last year
Posted: 26/04/2024
The average house price for those selecting a RICS home survey level two and three increases by over two-thirds (69%), Countrywide Surveying Services has found
Posted: 25/4/2024
Second charge lender Equifinance has completed its debut public securitisation consisting of a £260m portfolio of second charge mortgages
Posted: 24/04/2024
Mortgage lending in the UK reached £217.7bn between March 2023 and February 2024, which is a drop of 28.6%, Octane Capital has found
Posted: 24/04/2024
First-time buyers are facing the toughest conditions to buy a home in 70 years, the Building Societies Association (BSA) has said
Posted: 22/4/2024
One in 10 (11%) new equity release customers have listed using funds for holidays as their main reasons for borrowing, Pure Retirement has revealed
Posted: 19/4/2024
House prices in Scotland increased by 0.4% year-on-year in February, which is the first increase in annual prices since November 2023, Walker Fraser Steele has found
Posted: 18/04/2024
The average UK house price fell by 0.2% year-on-year in the 12 months to February, according to the latest figures published by the Office for National Statistics (ONS)
Posted: 17/04/2024
Thirty-seven per cent of portfolio landlords are continuing to upgrade their properties to an Energy Performance Certificate (EPC) of C or above, despite proposed regulations being scrapped by the Government
Posted: 16/04/2024
One Mortgage System (OMS) has been selected by intermediary firm Xpress Mortgages as its choice of CRM system
Posted: 16/04/2024
The average house price in England and Wales dropped by 3.1% year-on-year in March, e.surv has found
Posted: 12/04/2024
More than 80% of mortgage brokers have predicted a rise in borrowing compared to official forecasts, with gross mortgage lending set to be stronger than anticipated in 2024, TMA Club has found
Posted: 12/04/2024
Buyer demand in the UK housing market climbed in March, the latest RICS UK Residential Survey has indicated
Posted: 11/04/2024
The average house price in England is enough to provide enough money to cover around seven years of care in a residential home, Just Group has found
Posted: 10/04/2024
The average rate on two and five-year fixed mortgage deals increased to 5.80% and 5.39% respectively between March and April, new figures from Moneyfacts have shown
Posted: 09/04/2024
A quarter (25%) of landlords are prioritising energy efficiency when it comes to adding a property to their investment portfolio, new research from The Mortgage Lender (TML) has indicated
Posted: 05/04/2024
The average house price in the UK has dropped by £2,900 month-on-month, with the typical UK home now costing £288,430, Halifax has found
Posted: 05/04/2024
The number of new properties coming to market has increased by 18% between January and February, Propertymark has found
Posted: 04/04/2024
The total value of new buy-to-let (BTL) lending reached £6.3bn in the fourth quarter of 2023, a fall of 55.4% on Q4 2022
Posted: 03/04/2024
Net mortgage approvals for UK house purchases increased to 60,400 in February, up from 56,100 in January, according to new Bank of England (BoE) figures
Posted: 02/04/2024
First-time buyers who use a lifetime ISA (LISA) to purchase their first property are, on average, four years younger than those who do not, Tembo has found
Posted: 02/04/2024
Annual house price growth increased by 1.6% in March, following on from a 1.2% rise in February, Nationwide has found
Posted: 02/04/2024
There is a new generation of customers emerging with different mortgage needs from the traditional equity release customer, according to new research from Air
Posted: 28/03/2024
The estimated number of residential transactions in the UK fell by 6% year-on-year in February to 82,940, HM Revenue and Customs (HMRC) has revealed
Posted: 28/03/2024
The number of house sales agreed in the UK in the first quarter of the year increased by 9% year-on-year, Zoopla has found
Posted: 28/03/2024
Yorkshire Building Society has launched a new £5,000 deposit mortgage to help people looking to reach their homeownership targets
Posted: 27/03/2024
One Mortgage System (OMS) has enhanced its application programming interface (API) integration with Tandem Bank
Posted: 27/03/2024
The South West, London and Scotland are now the only regions in the UK where owning a first home is cheaper than renting, Halifax has found
Posted: 27/03/2024
Legal & General Mortgage Club has added April Mortgages to its lender panel
Posted: 26/03/2024
The UK’s housing stock is offering the “worst value for money” of any advanced economy, new analysis by the Resolution Foundation has warned
Posted: 25/03/2024
Legal & General (L&G) has reported that its total criteria searches for those looking to invest in property has increased by 105% from December 2023 to the end of February
Posted: 25/03/2024
House prices dropped by 0.6% year-on-year in January, following a 2.2% fall in December, the Office for National Statistics (ONS) has found
Posted: 20/03/2024
Paragon Bank has signed up to the Mortgage Industry Mental Health Charter (MIMHC), the not-for-profit organisation helping finance businesses support their staff
Posted: 19/03/2024
The average price of newly marketed properties in the UK increased by 1.5% month-on-month, now standing at £368,118, the biggest increase in 10 months, Rightmove has found
Posted: 18/03/2024
The value of outstanding mortgage balances with arrears increased by 50.3% year-on-year, standing at £20.3bn in the final quarter of 2023
Posted: 12/3/2024
Three out of four home movers are satisfied with the service they received from the last conveyancing solicitor they used, while a similar number (74%) of those who bought their home within the last five years said they would use the same firm again, according to latest research
Posted: 11/03/2024
Second charge new business volumes grew by 2% in January 2024, according to latest figures published by the Finance & Leasing Association (FLA)
Posted: 08/03/2024
Searches for second charge mortgages increased by 14% year-on-year in 2023, according to data from Knowledge Bank that’s been released for a dual-branded version of the Pepper Money Specialist Lending Study
Posted: 08/03/2024
Nationwide Building Society has reached an agreement to buy Virgin Money in a £2.9bn deal
Posted: 07/03/2024
Average house prices rose by +0.4% in February, the fifth monthly rise in a row, according to the Halifax House Price Index
Posted: 07/03/2024
Almost one in four (22%) UK homeowners with a mortgage – equivalent to 2.8 million people – have said repayments are stopping them from saving more for retirement, according to new findings from the Equity Release Council and Canada Life
Posted: 05/03/2024
Almost two in five (38%) landlords have said that they would like to expand their property portfolio in the next 12 months, Lendlord has found
Posted: 4/3/2024
The average UK house price jumped by 0.7% in February, according to the latest Nationwide House Price Index.
This resulted in an improvement in the annual rate of house price growth climbing to 1.2% in February, up significantly from -0.2% the previous month
Posted: 01/03/2024
The number of transactions for residential property registered a 10% year-on-year fall in January, new figures published by HMRC have shown
Posted: 29/02/2024
Zoopla has estimated that house sales in the UK in 2024 will increase by 10% year-on-year, predicting the number of sales to reach 1.1 million
Posted: 29/02/2024
Thirty-eight per cent of mortgage intermediary companies are expanding their operations amid a backdrop of labour market challenges, new research by Paragon Bank has suggested
Posted: 28/02/2024
UK property investors have said that they are "optimistic" for the year ahead, even in the face of economic and regulatory challenges, Market Financial Solutions (MFS) has found
Posted: 28/02/2024
Equity release is increasingly being explored by the middle classes when looking at the proportion of cases by house value, new analysis from Pure Retirement has indicated
Posted: 27/02/2024
The number of affordable options for first-time buyers fell by 40% in 2023, new data from Mortgage Broker Tools (MBT) has indicated
Posted: 27/02/2024
The UK housing market has seen early signs of recovery in 2024, e.surv has said, after buyer demand increased by a third (33%) across the country since December
Posted: 23/02/2024
The Chancellor is planning to introduce a 99% loan-to-value (LTV) mortgage scheme as part of his preparations for the upcoming Budget, the Financial Times has reported
Posted: 22/02/2024
Bridging loan books hit a new record high in the fourth quarter of 2023, according to the latest data published by the Association of Short-Term Lenders (ASTL)
Posted: 21/02/2024
The equity release market has "reasons to be cheerful" as increased product innovation combined with expected base rate cuts and gilt rates moving below 4% provide the foundation for renewed growth, Key Later Life Finance has said
Posted: 21/02/2024
The Government is introducing changes around short-term lets that aim to protect residents from being pushed out of their communities
Posted: 20/02/2024
A total of 29,060 new loans were advanced to borrowers over the age of 55 in the final three months of 2023, a figure down 37.1% year-on-year, new UK Finance data has shown
Posted: 19/02/2024
The average asking price for a new home has increased by 0.9% this month, the latest Rightmove House Price Index has revealed
Posted: 19/02/2024
Three quarters of UK Muslims (76%) believe it is important to have financial products which fit with their religious values, new research from ethical lender StrideUp has indicated
Posted: 19/02/2024
Legal & General Mortgage Club has added alternative and ethical finance provider, StrideUp, to its lender panel
Posted: 16/02/2024
Over a third (35%) of property professional in the UK have said they would like to see the reintroduction of help-to-buy or a Government-led initiative to boost the new build and first-time buyer (FTB) marketplace
Posted: 16/02/2024
The true cost of stamp duty could be 67% higher than the tax bill itself, potentially leaving homebuyers spending thousands of pounds more than they realise
Posted: 15/02/2024
Specialist lender Foundation Home Loans has become a patron of the National Association of Commercial Finance Brokers (NACFB)
Posted: 14/02/2024
The average UK house price in December 2023 fell by 1.4% year-on-year, standing at £285,000, the Office for National Statistics (ONS) has revealed
Posted: 14/02/2024
Confidence among landlords has improved in the last year with many feeling confident about the opportunity for capital gains on their properties, new research published by Foundation Home Loans has indicated
Posted: 13/02/2024
The average two-year fixed mortgage rate significantly fell by 0.37% between January and February, its biggest monthly fall since December 2022
Posted: 12/02/2024
Property sales activity in early 2024 saw a 10% net balance increase among home movers, compared to a -23% drop in December 2023, e.surv has found
Posted: 12/02/2024
House prices in England and Wales fell year-on-year in January by -3.6%, e.surv’s house price index has shown
Posted: 09/02/2024
Mortgage tech provider, Mortgage Brain, has announced the launch of a new partnership with Leeds Building Society
Posted: 09/02/2024
Almost a quarter (23%) of mortgage holders have used credit in the last 12 months to ensure that they can make mortgage payments, StepChange Debt Charity has found
Posted: 08/02/2024
e.surv Chartered Surveyors, the surveying business of the LSL Property Services Group, has entered into a new relationship with the Darlington Building Society
Posted: 08/02/2024
The number of homeowner mortgages in arrears of 2.5% or more of the outstanding balance increased by 7% between the third and fourth quarters of 2023, UK Finance has revealed.
This figure, now standing at 93,680, is a 25% increase year-on-year
Posted: 08/02/2024
April Mortgages has launched a unique five to 15-year fixed rate remortgage product with HLP and Stonebridge
Posted: 08/02/2024
TMA Mortgage Club has announced the addition of Penrith Building Society to its lending panel
Posted: 08/02/2024
Seven in 10 (69%) millennials remain defiant over their homeownership plans for the next five to 10 years despite rising house prices, research by Together has indicated
Posted: 07/02/2024
The average UK house price climbed by 1.3% in January compared to December’s average, the latest Halifax House Price Index has indicated
Posted: 07/02/2024
Fintech CRM platform 360 Dotnet has announced a new collaboration with technology provider, Mortgage Brain
Posted: 06/02/2024
Over two thirds of potential self-builders (69%) do not know that mortgage lenders will allow them to borrow to purchase land where planning permission has been granted
Posted: 06/02/2024
Three in four mortgage intermediaries (74%) are now feeling confident about the outlook for mortgage market, according to new research published by the Intermediary Mortgage Lenders Association (IMLA)
Posted: 05/02/2024
Six in 10 landlords have witnessed increased tenant demand for their properties in the final quarter of 2023, Paragon Bank has revealed
Posted: 02/02/2024
Paradigm has announced that it has added residential and commercial bridging loan provider, TAB, to its lender panel
Posted: 02/02/2024
Annual lending in the equity release market totalled £2.6bn in 2023, a level significantly down on the record breaking £6.2bn in 2022
Posted: 01/02/2024
Over a million households in the UK are expected to face an increase in their mortgage rates before the General Election if it is held in November, the Liberal Democrats party have warned
Posted: 01/02/2024
Mortgage and protection network, Rosemount Financial Solutions (IFA), has announced a partnership with conveyancing panel, SortRefer
Posted: 01/02/2024
Mortgage and insurance network, Stonebridge, has renewed its partnership later life adviser, Viva Retirement Solutions
Posted: 31/01/2024
Almost two-thirds (63%) of mortgage completions are now conducted by joint first-time buyers, Halifax has found
Posted: 31/01/2024
The number of residential property transactions fell by an annual 20% in December, according to new HMRC figures
Posted: 31/01/2024
Nottingham Building Society has announced a new partnership with Mortgage Broker Tools (MBT)
Posted: 31/01/2024
House prices in the UK increased by 0.7% between December 2023 and January 2024, the Nationwide house price index has revealed
Posted: 31/01/2024
Pure Retirement has been announced as the latest lender to join the Intermediary Mortgage Lenders Association (IMLA)
Posted: 31/01/2024
UK homeowners repaid a net £800m in December, compared to net zero in November, according to new figures published by the Bank of England
Posted: 30/01/2024
A third (33%) of Gen Z believe that property will be their main source of wealth in retirement, according to Standard Life
Posted: 30/01/2024
The number of first-time buyers aged 50 and over has increased by 30% in the last five years, making it one of the fast-growing segments of the FTB market, Tembo has found
Posted: 29/01/2024
The average UK house price fell by 0.8% on annual basis in the year to December 2023, the latest Zoopla House Price Index has indicated
Posted: 29/01/2024
Nearly one in three (28%) people have considered moving to a cheaper area to reduce housing costs as a result of the cost of living crisis, Pepper Money has found
Posted: 29/01/2024
Close to half of mortgage brokers (49%) are anticipating to place more limited company buy-to-let (BTL) business throughout the next year, Paragon Bank research has shown
Posted: 23/01/2024
Buy-to-let intermediary firm, Mortgages for Business, has announced a rebrand and will now be known as Mortgage Finance Brokers
Posted: 18/01/2024
Mortgage defaults and missed payments on credit cards and loans both saw significant surges at the end of the year, new analysis by the Bank of England (BoE) has shown
Posted: 18/01/2024
Home improvements continued to be the primary reason that new equity release customers took out a lifetime mortgage last year, new data from Legal & General Home Finance has shown
Posted: 17/01/2024
Annual house price growth in the UK slowed to -2.1% in the year to November, according to the latest UK House Price Index published by the Office for National Statistics (ONS)
Posted: 17/01/2024
Wales recorded a 2.2% increase in rental yields year-on-year, with average yields reaching 8.9% in the fourth quarter of 2023, Fleet Mortgages has found
Posted: 17/01/2024
The average price of property coming onto the market for sale has increased by 1.3% in January, according to the latest Rightmove House Price Index
Posted: 15/01/2024
Over a quarter (28%) of UK landlords believe that flats in cities were the best investments over the last 12 months, Shawbrook Bank has found
Posted: 15/01/2024
The decline in annual house price growth across England and Wales is easing, new data published by e.surv has indicated
Posted: 10/01/2024
Legal & General Mortgage Club has added a range of long-term fixed-rate mortgages from Perenna to its lender panel
Posted: 10/01/2024
The average mortgage rates on two and five-year fixed rate deals fell for the fifth consecutive month between December and the start of January, Moneyfacts has found
Posted: 09/01/2024
LendInvest has sold its non-risk retention residual economic interest in the Mortimer BTL 2023-1 securitisation for a consideration of £5m
Posted: 08/01/2024
Average house prices in the UK increased by 1.1% month-on-month in December, the third consecutive month to record house price rises, Halifax has found
Posted: 05/01/2024
Homeowners coming to the end of a fixed rate mortgage term could see the cost of their monthly mortgage repayments climb by 222%, forecasts from Octane Capital have suggested
Posted: 04/01/2024
Mortgage approvals in November 2023 hit the highest rate recorded since July, sitting at 50,067 for the month, the Bank of England (BoE) has found
Posted: 04/01/2024
Three quarters of residential buy-to-let landlords (74%) feel confident about the performance of the property market over the next 12 months, according to research from The Mortgage Lender (TML)
Posted: 03/01/2024
Buyer demand across England crept up by 0.3% in the final quarter of 2023, but remained -6.7% lower compared to Q4 2022, GetAgent.co.uk has found
Posted: 03/01/2024
Mortgage searches by first-time buyers were down 39.6% across the UK in December compared to November’s total, new statistics published by Twenty7tec have revealed
Posted: 03/01/2024
Over a quarter of Gen X (born between 1965-1980) are not confident that they will pay off their mortgage before age 67, Just Group has found
Posted: 03/01/2024
House prices in the UK fell by -1.8% over the course of 2023, with Scotland and Northern Ireland being the only regions to record house price growth in the 12 months to the end of December, Nationwide has found
Posted: 02/01/2024
Gross mortgage lending fell by 28% in 2023 to total £225.5bn, according to figures from the Intermediary Mortgage Lenders Association (IMLA).
Within the total, lending for house purchase fell 30% to £135bn and remortgaging declined by 24% to £82bn
Posted: 21/12/2023
The number of searches by brokers for products accepting gifted deposits jumped by 10% month-on-month, Legal & General (L&G) Ignite has found
Posted: 21/12/2023
Annual house price growth slipped to -1.2% in October, down from a revised -0.6% for the year to September, according to the latest UK House Price Index published by the Office for National Statistics (ONS)
Posted: 20/12/2023
A rapid rebound in mortgage activity or house prices in 2024 is “unlikely”, according to Nationwide
Posted: 18/12/2023
Two thirds (65%) of private landlords in the UK have said they are optimistic about the future performance of their property investments, research by Butterfield Mortgages has revealed
Posted: 18/12/2023
Market Financial Solutions (MFS) has been added to TMA Club’s panel of lenders
Posted: 15/12/2023
Over four in five brokers believe that business development managers (BDMs) are playing a vital role in the mortgage industry, research from Smart Money People has indicated
Posted: 14/12/2023
The share of gross mortgage advances for buy-to-let purposes, including house purchase, remortgage and further advance, decreased by 0.7% in the previous quarter, now standing at 7.5%, the lowest figure since Q3 2010, the Bank of England has revealed
Posted: 12/12/2023
The average rates on all loan-to-value (LTV) tiers across two and five-year fixed mortgages has fallen for a fourth consecutive month, data from Moneyfacts has revealed
Posted: 11/12/2023
Gross mortgage lending is predicted to fall by a further 5% to £215bn in 2024, new forecasts from UK Finance have indicated.
The banking body has also estimated that lending for house purchase will decline by 8% to £120bn, while external remortgaging activity is to also fall by a further 8% to £60bn
Posted: 11/12/2023
House prices have dropped by a further -1.9% month-on-month in December, with the average asking price for a property in the UK standing at £355,177, Rightmove’s house price index has revealed
Posted: 11/12/2023
Transactions by first-time buyers have remained steady in the past year, accounting for 29% of purchases, compared to 31% over the past 10 years, an e.surv survey has found
Posted: 08/12/2023
One Mortgage System (OMS) has fully integrated with Insurtech firm, UnderwriteMe, to improve its protection and life insurance offering
Posted: 07/12/2023
Borrowing costs for landlords with buy-to-let (BTL) mortgages are anticipated to soar by as much as 80% as they face refinancing off of historically low fixed rates
Posted: 07/12/2023
The average UK house price increased for a second month in a row and climbed by 0.5% in November, the latest Halifax House Price Index has shown
Posted: 07/12/2023
More than a quarter of private landlords in the UK are planning to increase the size of their property portfolios in the next year, according to new research from Butterfield Mortgages
Posted: 06/12/2023
Three in four (76%) landlords in the UK have increased their rent in the past year, with the main reason being to cover higher mortgage costs, according to the latest survey by Landbay
Posted: 06/12/2023
An estimated 900,000 people who have experienced adverse credit are intending to purchase a property in the next year, research from Pepper Money has indicated
Posted: 04/12/2023
House prices have seen a further increase in November, rising by 0.2% month-on-month, Nationwide has found
Posted: 01/12/2023
The seasonal estimate of UK residential transactions in October 2023 was 82,910, a 21% drop compared to last year, HMRC has revealed
Posted: 30/11/2023
Remortgaging landlords are demonstrating a restored confidence in fixed rate mortgages, new research from Landbay has indicated
Posted: 30/11/2023
Overall satisfaction with lenders among the mortgage broker community has fallen slightly, new research published by Smart Money People has revealed
Posted: 29/11/2023
Homebuyers are securing an average of £18,000 off their next home in order to confirm a sale, the latest Zoopla House Price Index has suggested
Posted: 28/11/2023
The average rate on a lifetime mortgage has fallen to 7.13%, down from 7.33% at the start of November, new data published by Moneyfacts has shown
Posted: 27/11/2023
The Intermediary Mortgage Lenders Association (IMLA) has appointed Richard Beardshaw as its management committee chair for 2024/25
Posted: 24/11/2023
SimplyBiz Mortgages has confirmed the addition of Market Financial Solutions (MFS) to its lender panel with immediate effect
Posted: 21/11/2023
Confidence among landlords rebounded in the third quarter new research published by Paragon Bank has indicated, with optimism around the landlord community now higher than at the same period last year
Posted: 20/11/2023
The average number of mortgage cases placed by intermediaries on an annual basis remained broadly stable at 92 per year in Q3, compared to 93 in Q2, the Intermediary Mortgage Lenders Association (IMLA) has revealed
Posted: 16/11/2023
One in three (32%) people between the ages of 50 and 79 would consider themselves vulnerable, a new study from LiveMore has indicated
Posted: 16/11/2023
House prices in the UK have dropped by 0.1% in the year to September 2023, down from an increase of 0.8% in August, the Office for National Statistics (ONS) has found
Posted: 15/11/2023
finova Payment and Mortgage Services has announced the addition of Bath Building Society to its lender panel, expanding its range of products available to club members
Posted: 13/11/2023
The average asking price for new homes on the market fell by £6,088 in November, according to the latest Rightmove House Price Index
Posted: 13/11/2023
Over seven in 10 landlords (71%) saw rising levels of tenant demand during the third quarter of the year, a new record high, new Paragon Bank research has revealed
Posted: 10/11/2023
Legal & General Mortgage Club has announced the addition of Selina Finance to its lender panel
Posted: 09/11/2023
The number of homeowner and buy-to-let (BTL) mortgages in arrears has risen broadly in line with UK Finance forecasts for 2023, new data from the banking body has shown
Posted: 09/11/2023
House prices have fallen again in October, with the average house price in the UK now standing at £362,777, the e.surv house price index (HPI) has found
Posted: 09/11/2023
Searches on behalf of first-time buyers, first-time landlords and non-owner occupiers increased by 13% in October, as the mortgage market held "strong" across the board despite wider economic uncertainty, Legal & General (L&G) Ignite has said
Posted: 08/11/2023
The UK’s average house price jumped by 1.1% in October, following a fall of 0.3% in September, the latest Halifax House Price Index has revealed
Posted: 07/11/2023
Two thirds of buy-to-let (BTL) landlords (66%) are not intending to sell any of their property in the next 12 months, new research from Landbay has indicated
Posted: 07/11/2023
A third (33%) of landlords who own their rental company in their personal name are planning to incorporate their portfolio into a limited company structure, Paragon Bank has found
Posted: 06/11/2023
Two in five (40%) advisers would say their firm has seen an increase in protection conversations with customers as a result of the Financial Conduct Authority’s (FCA’s) Consumer Duty
Posted: 02/11/2023
Borrowers and lenders are continuing to be challenged in the financial landscape, Knowledge Bank has said
Posted: 02/11/2023
The value of the first-time buyer (FTB) economy, in terms of both lending and spending, is set to reach a total of £74.1bn by 2025
Posted: 01/11/2023
House prices in the UK registered a 0.9% month-on-month increase in October, the latest Nationwide House Price Index has indicated
Posted: 01/11/2023
The number of residential property transactions in September has been estimated at 85,610, a drop of 17% compared to a year previously, HM Revenue and Customs (HMRC) has found
Posted: 31/10/2023
Net mortgage approvals in September stood at 43,000, the lowest figure since January 2023, the Bank of England (BoE) has found
Posted: 30/10/2023
Three quarters (75%) of buy-to-let landlords have said they have either increased rents during the past year (40%) or intend to do so in the near future (35%), as a result of rising costs
Posted: 30/10/2023
Nearly a third (32%) of buy-to-let (BTL) landlords intend to buy property in the next 12 months, Landbay has revealed
Posted: 26/10/2023
TAB has completed a private securitisation facility with NatWest and Atalaya Capital Management of up to £300m to support its lending products
Posted: 24/10/2023
The Society of Mortgage Professionals (SMP) has announced Amanda Bryden, head of Halifax Intermediaries and Scottish Widows Bank, Lloyds Banking Group, as its newest board member
Posted: 24/10/2023
The Government is considering extending its mortgage guarantee scheme as part of measures to help first-time buyers in the upcoming Autumn Statement
Posted: 23/10/2023
Average rental yields in England Wales have increased by 1% in Q3 to 6.9%, new research from Fleet Mortgages has indicated
Posted: 19/10/2023
Annual house price growth in the UK slowed to 0.2% in the year to August, the latest UK House Price Index from the Office for National Statistics (ONS) has shown
Posted: 18/10/2023
Mortgage holders are paying back record amounts of debt in the higher interest rate environment, the Equity Release Council has found
Posted: 18/10/2023
Searches for interest-only mortgages jumped by over half (51%) in September, with first-time buyers and existing homeowners showing high levels of engagement in the mortgage market, Legal & General (L&G) Ignite has found
Posted: 16/10/2023
Mortgage broker L&C Mortgages has announced the launch of a new specialist mortgage partnership with Brilliant Solutions
Posted: 16/10/2023
Property prices in the UK have fallen annually by 4.7% in September, compared to a 4.5% drop in August, the Halifax house price index (HPI) has found
Posted: 06/10/2023
Nearly one in five (18%) parents and grandparents who have helped their family members get onto the property ladder used their own property wealth to do so, Legal & General (L&G) has found
Posted: 05/10/2023
Almost half (47.3%) of September’s mortgage searches on Twenty7tec’s platform were for two-year fixes, analysis by the firm has found
Posted: 03/10/2023
Orbis Protect has been announced as the latest organisation to join the Association of Short-Term Lenders (ASTL) as an associate member
Posted: 03/10/2023
Over two-fifths (44%) of mortgage advisers have seen an increase in enquiries about interest-only mortgages in the past year, Opinium has found
Posted: 02/10/2023
House prices failed to grow month-on-month in September, as prices fell by 5.3% on an annual basis, Nationwide’s house price index (HPI) has found
Posted: 02/10/2023
The number of property transactions in the UK rose by just 1% in August compared to the previous month, HM Revenue and Customs (HMRC) has found
Posted: 29/09/2023
The number of mortgage approvals fell again in August to record its lowest level in six months, new Bank of England (BoE) figures have revealed
Posted: 29/09/2023
Demand for homes has increased for the first time since spring, with 12% more buyers in the market over the last four weeks, Zoopla’s house price index (HPI) has found
Posted: 28/09/2023
The number of first-time buyers is down 22% between January and August 2023, compared to the same period last year, the Halifax first-time buyer review has found
Posted: 27/09/2023
The most popular searches that brokers carried out on behalf of clients in August continued to centre around ‘missed or late payments’, Knowledge Bank has found
Posted: 26/09/2023
Prospective homebuyers are placing increasing importance on the energy efficiency of the property they are buying, according to new research from Mortgage Advice Bureau
Posted: 26/09/2023
The Mortgage Industry Mental Health Charter (MIMHC) has created a new steering group to oversee the charter’s ongoing development and to work alongside the co-founders to evolve the mental wellbeing support being offered
Posted: 22/09/2023
Aspiring homeowners in the UK are becoming more reliant on the “bank of family” in order to support their house purchases, new data from Legal & General (L&G) and the Centre for Economics and Business Research (CEBR) has found.
Posted: 21/09/2023
The annual rate of UK house price growth slowed to 0.6% in the year to July, down from 1.9% in the 12 months to June
Posted: 20/09/2023
Buy-to-let (BTL) landlords in England and Wales have seen an increase of 8.7% in their rental portfolio income in the past 12 months, Benham and Reeves has found
Posted: 19/09/2023
The average asking price of newly marketed properties increased by 0.4% in August to £366,281, new data published by Rightmove has shown
Posted: 18/09/2023
More than seven in 10 landlords (71%) would say they are unlikely to buy a property which has an energy performance certificate (EPC) rating of less than C, new research from Foundation Home Loans has indicated
Posted: 18/09/2023
Nearly four in five (78%) homeowners aged between 50 and 80 have said they are feeling the effects of the cost of living crisis, research by LiveMore has found
Posted: 18/09/2023
Almost 400 misleading promotions concerning later life mortgages have been removed or amended following a review by the Financial Conduct Authority (FCA)
Posted: 14/09/2023
The value of outstanding mortgage balances with arrears climbed by 13% over the second quarter to total £16.9bn, new figures released by the Bank of England (BoE) have shown
Posted: 12/09/2023
StrideUp has been added to TMA Club’s lender panel, allowing for TMA member firms to access StrideUp products to get people on the property ladder
Posted: 12/09/2023
Average house price growth has fallen for the first time since March 2012, reducing by -1.3% in August, e.surv has found
Posted: 11/09/2023
Legal & General (L&G) Mortgage Club has added Market Financial Solutions (MFS) to its lender panel, giving advisers access to the full MFS specialist product range
Posted: 08/09/2023
August has seen a 35% increase in the number of searches for borrowers using gifted deposits, the latest data from Legal & General (L&G) Ignite has revealed
Posted: 07/09/2023
One Mortgage System (OMS) has announced a new partnership with Legal & General (L&G) Mortgage Club
Posted: 07/09/2023
UK house prices have fallen by 4.6% year-on-year in August, the largest annual decline since 2009, the Halifax house price index (HPI) has found
Posted: 07/09/2023
Three quarters of landlords (74%) who intend to purchase a new rental property in the next year will utilise a limited company structure, a new record high
Posted: 07/09/2023
Three new signatory companies from the mortgage sector have joined the Mortgage Industry Mental Health Charter (MIMHC)
Posted: 06/09/2023
The number of people using funds from their 50+ mortgage for debt consolidation has doubled in the last year, according to data published by Hodge
Posted: 05/09/2023
Pegasus Insight, a recently established professional research services consultancy firm, has become the latest associate member of the Intermediary Mortgage Lenders Association (IMLA)
Posted: 04/09/2023
House prices in the UK have decreased by 0.8% month-on-month in August, Nationwide’s house price index (HPI) has found
Posted: 1/9/2023
Net borrowing of mortgage debt by individuals has increased for the third consecutive month, rising to £200m in July compared to £100m in June, the Bank of England’s (BoE) money and credit report has found
Posted: 30/8/2023
Property sales in the UK have fallen by 22% from the start of the year to August compared to the same period in 2022, Zoopla’s house price index (HPI) has found
Posted: 30/8/2023
Nearly seven in 10 (69%) of mortgage applicant have said that brokers are essential for navigating the current market, the latest research from Market Financial Solutions (MFS) has found
Posted: 29/08/2023
Three in 10 UK homeowners (30%) approaching the end of their fixed mortgage deals are taking extra work to boost their savings ahead of repayment rises, according to new research by Indeed Flex
Posted: 25/08/2023
More than half (52%) of prospective homebuyers believe the current economic climate has impacted who they plan on buying a property with, and with who they might have to share their property
Posted: 24/08/2023
Searches for interest-only mortgages have made a comeback in July, following the introduction of the mortgage charter and the fourteenth consecutive rise in the BoE’s base rate, Knowledge Bank’s July criteria index has found.
Posted: 24/08/2023
The looming fixed rate mortgage “crunch” could force over-55s back into work as affordability worries build, new research from Key Later Life Finance has suggested
Posted: 23/08/2023
The Association of Mortgage Intermediaries (AMI) is calling on mortgage advisers to complete a short survey
Posted: 22/08/2023
Two thirds of landlords (67%) across the UK have reported increasing levels of tenant demand during Q2, a figure unchanged from Q1 this year and an equal record high, new research published by Paragon Bank has indicated
Posted: 22/08/2023
The average asking price for newly marketed properties has dropped by 1.9% in August to £364,895, new figures published by Rightmove have shown
Posted: 21/08/2023
Almost half (44%) of all equity release applications in the first three months of 2023 were in relation to remortgaging, Equifax has found
Posted: 21/08/2023
Homeowners on a standard variable rate (SVR) mortgage could save up to £257 a month by switching to a fixed rate repayment mortgage deal, the equivalent of £3,084 a year, Compare the Market analysis has found
Posted: 21/08/2023
Average house prices in Scotland have risen again for the third consecutive month, with the average price standing at £224,249 in June 2023, a monthly increase of 0.4%
Posted: 17/08/2023
Market Harborough Building Society (BS) has been added to PMS Mortgage Club’s lender panel
Posted: 16/08/2023
Annual house price growth slowed to 1.7% in the 12 months to June, the Office for National Statistics (ONS) has revealed, down from 1.8% in the year to May
Posted: 16/08/2023
Two trade bodies which launched a mortgage mentoring scheme are calling for more mentees to sign up and take advantage of the mentor experience available
Posted: 16/08/2023
A quarter (25%) of UK adults who have a mortgage have switched to a fixed rate product in the past 12 months, Butterfield Mortgages has found
Posted: 15/08/2023
Mortgage intermediaries were upbeat about the outlook of the mortgage sector in Q2, according to new research from the Intermediary Mortgage Lenders Association (IMLA)
Posted: 15/08/2023
Interest-only and part-interest-only mortgage levels have halved since 2015, with just under a million now left outstanding in the UK, new analysis by the Financial Conduct Authority (FCA) has indicated
Posted: 15/08/2023
Annual house prices in the UK have grown 0.3% in July 2023, the lowest growth rate since March 2012, e.surv has found
Posted: 11/08/2023
Interest rate policy to tackle inflation, clients demolishing their mortgaged property and options for brokers looking to go self-employed were the top three talked about topics on the Cherry adviser forum in July
Posted: 10/08/2023
The level of UK homeowners with mortgages in arrears jumped in the second quarter, new UK Finance data has indicated
Posted: 10/08/2023
Mortgage approval levels are expected to decline by 11% annually come the end of 2023, Octane Capital has said
Posted: 10/08/2023
The top three searches by directly authorised (DA) brokers in Q2 2023 were related to residential adverse credit, residential income support and residential foreign national service, TMA Club has revealed
Posted: 09/08/2023
Homebuyers that want a “room with a view” in London are facing house price premiums of up to 140%, the latest research by Benham and Reeves has found
Posted: 09/08/2023
People who are looking to buy a new home in the next two years are aiming to save over £11,500 more for a deposit, the Mortgage Advice Bureau (MAB) has found
Posted: 08/08/2023
House prices have fallen by 0.4% month-on-month in July, which is the fourth consecutive monthly fall in prices reported in the Halifax House Price Index (HPI)
Posted: 07/08/2023
Bridging loan books registered a 5% increase in the second quarter, totalling an all-time high of £7.1bn, according to new data from the Association of Short-Term Lenders (ASTL)
Posted: 07/08/2023
Legal & General (L&G) Home Finance has announced that it has enhanced its lifetime mortgage range in response to customer needs and adviser feedback
Posted: 04/08/2023
The Association of Short-Term Lenders (ASTL) has announced that One Mortgage System (OMS) has become the latest firm to join as an associate member
Posted: 04/08/2023
House prices dropped by 3.8% in July compared to a year previously, the Nationwide House Price Index (HPI) has found
Posted: 01/08/2023
Lending in the second charge space registered an increase of 14% in June to total £144.5m, according to the latest Secured Loan Index published by Loans Warehouse
Posted: 01/08/2023
The number of mortgage approvals across the market totalled an estimated 54,700 in June, the highest since October last year, according to figure from the Bank of England (BoE)
Posted: 31/07/2023
UK residential transactions have increased by 6% in June 2023 compared to May, HM Revenue and Customs (HMRC) has stated in its monthly property transactions data
Posted: 28/7/2023
Over half (53%) of customers have released additional funds from a lifetime mortgage for home improvements, Legal & General (L&G) Home Finance has found
Posted: 27/07/2023
Almost two in 10 (18%) of buy-to-let (BTL) landlords have said that they will not raise rents for their tenants if their own mortgage rate increases when they come to remortgage, Landbay has found
Posted: 26/07/2023
Over half (52%) of UK adults have stated that they are opposed to a taxpayer-bailout for mortgage holders, despite six in 10 mortgage holders worrying about making their repayments, a survey by Opinium has found
Posted: 25/07/2023
‘Maximum age at end of term’ was the most searched term by brokers in the residential sector in June, Knowledge Bank data has shown
Posted: 25/07/2023
Half (50%) of UK adults who have applied for a mortgage in the last year have had their desired product withdrawn by their lender before they could secure it, Market Financial Solutions (MFS) has found
Posted: 25/07/2023
Sales subject to contract (SSTC) volumes have fallen by 30% in the last quarter compared to Q2 2019, Landmark Information Group has found
Posted: 24/07/2023
The number of people taking out mortgages with terms of 35 years or more has doubled and hit a high of 88,059 in 2022
Posted: 24/07/2023
Annual rental yields have increased for the second quarter in a row in England and Wales, increasing to 6.3% from 5.6% a year ago, Fleet Mortgages has found
Posted: 21/07/2023
Two thirds (66%) of mortgage holders believe that lenders need to be more flexible in the economic climate, research by Butterfield Mortgages has revealed
Posted: 20/07/2023
Later life lending customers are now twice as likely to involve their families in the equity release process post-pandemic (44%) compared to pre-pandemic (19%), new research from more2life has indicated
Posted: 20/07/2023
Annual house price growth slowed to 1.9% in the year to May, according to the latest UK House Price Index published by the Office for National Statistics (ONS)
Posted: 19/07/2023
Almost half (46%) of people over the age of 55 who are paying off mortgages are worried about rising rates, continuing to meet repayments and how to pay their loans off in full, research by PensionBee has found
Posted: 18/07/2023
Nearly nine in 10 (86%) of mortgages purchased under the mortgage guarantee scheme have been bought by first-time buyers, the latest research by the Treasury has shown
Posted: 18/07/2023
Three quarters of property professionals are confident that 2024 market conditions will be no worse than those experienced in 2023, new research from Countrywide Surveying Services (CSS) has suggested
Posted: 18/07/2023
The number of first-time buyer mortgage products has fallen by over a quarter since the end of Q1 2023, Barrows and Forrester's latest research has found
Posted: 18/07/2023
Nearly two thirds (64%) of buy-to-let (BTL) landlords have stated that they are not planning on selling any of their properties in the next 12 months, the latest research from Landbay has found
Posted: 17/07/2023
Smartr365 has announced an imminent partnership with a major mortgage lender, which is set to take the platform to 62% market coverage by volume
Posted: 14/07/2023
Searches for interest only mortgages saw a 53% rise in June as borrowers looked to reduce their monthly costs, Legal & General (L&G) has found
Posted: 14/07/2023
Intermediary platform, Acre, has reported a sharp increase in mortgage volume on the platform in the first six months of 2023
Posted: 13/07/2023
Some mortgage lenders have reduced the loan size they offer to customers by 19%, according to analysis by Mortgage Broker Tools (MBT)
Posted: 13/07/2023
The Intermediary Mortgage Lenders Association (IMLA) and the Association of Mortgage Intermediaries (AMI) have published an online guide to explain the different types of funding used by mortgage lenders
Posted: 12/07/2023
Greater London has seen a return to a positive rate of growth in the housing market, following a fall of -1.4% in April, e.surv has found
Posted: 11/07/2023
The average mortgage rate on a two-year fixed deal has now surpassed the peak in the aftermath of the mini-Budget last September.
Data published by Moneyfacts has shown that mortgage costs have now hit their highest level for 15 years
Posted: 11/07/2023
The annual house price growth in the UK has continued to fall, dropping to -2.6% in June from -1.1% in May, the Halifax House Price Index has found
Posted: 7/7/2023
UK houses prices are currently sitting at nearly nine times the average earnings, making it the hardest time to look at climbing the housing ladder in decades, House Buyer Bureau has found.
Posted: 5/7/2023
The average mortgage rate for a five-year fixed deal has risen to 6.01%, Moneyfacts has revealed.
Posted: 4/7/2023
LendInvest has announced a £500m investment with Chetwood Financial to fund part of its future mortgage originations of buy-to-let (BTL) and residential mortgage products.
Posted: 3/7/2023
The provisional seasonally adjusted estimate of UK residential transactions has fallen by 3% in May compared to April, to 80,020, HM Revenue and Customs (HMRC) has revealed
Posted: 30/06/2023
Mortgage and specialist loan provider, Together Financial Services, has announced the pricing of its £425.5m first charge only residential mortgage-backed securitisation (RMBS)
Posted: 30/06/2023
House prices in the UK have remained stable in June compared to May 2023, although annual growth is yet to recover, with house prices falling by 3.5% in June 2023 compared to June 2022, the Nationwide house price index has found.
The report also found that in Q2 2023, all regions in the UK, other than Northern Ireland, recorded a drop in house prices
Posted: 30/06/2023
Net mortgage approvals for house purchases increased in May compared to April, to 50,500 from 49,000 respectively, the Bank of England (BoE) has revealed
Posted: 29/06/2023
An increasing number of UK homeowners are reassessing their mortgage options due to the recent rise in interest rates, data from Legal & General’s (L&G) SmartrFit affordability tool has revealed.
Posted: 29/06/2023
Mortgage Brain has announced that it has become a signatory of the Mortgage Industry Mental Health Charter (MIMHC)
Posted: 29/06/2023
Paradigm has announced the launch of a new mortgage lender product withdrawals directory for intermediary firms
Posted: 28/06/2023
The Association of Mortgage Intermediaries (AMI) has released an ideas document on the back of its five-point plan, which was launched last year
Posted: 28/06/2023
Lenders representing an estimated 85% of the mortgage market have signed up to a Mortgage Charter that is being introduced by the Government to help struggling borrowers
Posted: 27/06/2023
Almost half of mortgage brokers (49%) have said that they expect the volume of buy-to-let portfolio limited company lending they write to increase over the next 12 months, Paragon Bank has revealed.
Posted: 27/06/2023
One in 10 mortgage holders in the UK (10%) have revealed that they won’t be able to afford their mortgage payments if the cost of living continues to rise, according to new findings published by research agency, Opinium
Posted: 27/06/2023
Nearly eight in 10 middle-class parents (79%) have said that they are financially supporting their adult children, the Saltus Wealth Index report has found.
Posted: 26/06/2023
More than one in six people (17%) expect that they will be repaying their mortgage when they are over the age of 65, research from Hargreaves Lansdown has found.
Posted: 26/06/2023
UK mortgage lenders have met with the Chancellor and agreed to offer more flexibility to homeowners struggling to cope with soaring interest rates
Posted: 23/06/2023
Loughborough Building Society has been added to the Legal & General (L&G) Mortgage Club’s lender panel, giving its directly authorised advisers a wider range of specialist mortgage products, including residential and buy-to-let (BTL) options
Posted: 23/06/2023
There has been a recent increase in broker satisfaction with lenders across the mortgage market, new research from Smart MonePeople has indicated
Posted: 22/06/2023
May has seen an increase in the number of searches related to delayed and missed mortgage payments, according to Knowledge Bank’s data from the residential mortgage sector
Posted: 22/06/2023
Fixed rate two-year buy-to-let mortgages have seen a further growth in popularity in the first quarter of 2023, increasing by 8% from December 2022, according to the latest landlord survey by Landbay
Posted: 22/06/2023
Experian has launched its new open banking solution with Nationwide Building Society on Smartr365, following a successful pilot scheme.
Posted: 21/06/2023
Annual house price growth slowed to 3.5% in the year to April, according to the latest UK House Price Index from the Office for National Statistics (ONS)
Posted: 21/06/2023
Property portal, OnTheMarket, has launched a new umbrella brand, OnTheMarket Money, to provide consumers with access to financial services and other products associated with the home moving process
Posted: 20/06/2023
A new paraplanning service has been launched by mortgage and protection firm, Access Financial Services (Access FS), to support its advisers in providing exceptional outcomes for clients.
Posted: 20/06/2023
The Cambridge Building Society has joined SimplyBiz Mortgages as part of its lender panel
Posted: 20/06/2023
New special products have been launched by intermediary-only specialist lender, Foundation Home Loans, for its owner-occupied and buy-to-let (BTL) offerings
Posted: 20/06/2023
Landlords who improve the Energy Performance Certificate (EPC) rating of their property are set to be rewarded with a £1,000 cashback payment in a new limited edition product feature by Fleet Mortgages
Posted: 20/06/2023
Average new seller asking prices fell by £82 (-0.0%) this month to £372,812, the first monthly drop in new asking prices this year, according to the latest Rightmove House Price Index
Posted: 19/06/2023
A quarter of homeowners (26%) have said that they will not be able to afford their mortgage if interest rates go up again, research by data platform, Moneyhub Decisioning, has found
Posted: 19/06/2023
Proptech company, Propflo, has partnered with Energy Performance Certificate (EPC) provider, Propcert, in a move to support lenders in decarbonising their mortgage portfolios and reach net-zero targets
Posted: 19/06/2023
Mortgage platform, Landbay, has joined the panel of Richdale Brokers & Financial Services’ network, giving its intermediary members access to the buy-to-let specialist lender’s range of mortgage products
Posted: 19/06/2023
Only 3,156 retirement interest-only mortgage (RIOM) sales took place in 2022, which is just over 10% of the Financial Conduct Authority’s (FCA) current annual target.
Posted: 16/6/2023
National firm of chartered surveyors, e.surv, has announced an extension and expansion of its relationship with mortgage lender, Virgin Money
Posted: 16/06/2023
Landlords’ net profits slipped below 4% in Q1 this year, marking a significant shift in finances for mortgaged buy-to-let (BTL) buyers, according to research from property firm, Savills
Posted: 15/06/2023
Brokers have been encouraged to integrate with their local communities by hosting mortgage clinics to provide the full suite of support available, by the national brokerage, Just Mortgages
Posted: 15/06/2023
Annual house price growth in Scotland registered a small jump in April, rising to 1.5% from 1.4%, and putting a halt to four consecutive months of falls
Posted: 14/06/2023
Changes to taxes and regulations are having a detrimental effect on landlords and risking many going out of business, a report by the Intermediary Mortgage Lenders Association (IMLA) has found
Posted: 14/06/2023
The value of gross mortgage advances fell by £22.9bn in Q1 2023 compared to the previous quarter, the latest Mortgage Lenders and Administrators Return (MLAR) from the Bank of England (BoE) has found
Posted: 13/06/2023
Over half (54%) of the equity released in properties in Q1 2023 was used for debt management, the latest data from the Mortgage Advice Bureau has found.
Posted: 13/06/2023
Six in 10 landlords are looking to expand their portfolios in the next two years, a recent survey by the Deposit Protection Service (DPS) has found, with 70% of those looking to invest wanting to buy a terraced property as their next purchase
Posted: 12/06/2023
Mortgage Matters Direct (MMD) has established a relationship with mortgage technology provider, Acre, allowing for the MMD team to secure the best solutions for their mortgage customers
Posted: 12/06/2023
The size of the UK mortgage broker market is forecast to increase by 2.3% over 2023, according to analysis by Octane Capital
Posted: 08/06/2023
Four out of five landlords (81%) believe the portrayal of the buy-to-let (BTL) market in the mainstream media has not been fair and accurate, a study by Landbay has found
Posted: 08/06/2023
The Intermediary Mortgage Lenders Association (IMLA) and the Association of Mortgage Intermediaries (AMI) have released statements in response to broker concern around the withdrawal of products across the mortgage market
Posted: 07/06/2023
House price growth stayed flat in May at 0.0% as the rate of annual growth fell into negative territory, according to the latest Halifax House Price Index
Posted: 07/06/2023
A “remortgage nightmare” is facing more than three million people in the UK, Hargreaves Lansdown has warned
Posted: 05/06/2023
The Loans Engine has announced it is now live on Mortgage Brain’s sourcing platform, Sourcing Brain, as a packager partner
Posted: 02/06/2023
Net mortgage approvals for house purchases fell in April to 48,700, down from 51,500 in March, new figures released by the Bank of England (BoE) have indicated
Posted: 01/06/2023
The annual rate of house price growth has slipped further into negative territory, falling back to -3.4% in May, according to the latest Nationwide House Price Index
Posted: 01/06/2023
The average monthly cost of repaying a mortgage has increased by £314 per month (39%) in the last 10 years, with much of this increase (80%) coming in the last five years alone, new research has shown
Posted: 31/05/2023
Only a fifth of UK homeowners believe the Government is doing enough to tackle the UK’s housing crisis, new research from Market Financial Solutions (MFS) has indicated
Posted: 31/05/2023
The number of residential property transactions in the UK fell to 67,220 in April, a 29% drop compared to March’s total, new figures from HMRC have revealed
Posted: 31/05/2023
The average UK house price has now fallen by 1.3% in the last six months, according to the latest Zoopla House Price Index
Posted: 30/05/2023
Belmont Green, which trades as Vida Homeloans, has issued its second residential mortgage-backed security (RMBS) of 2023
Posted: 26/05/2023
Legal & General Mortgage Services has confirmed the full integration of its mortgage research and sourcing platform, SmartrFit, with customer relationship management (CRM) provider, One Mortgage System (OMS)
Posted: 25/05/2023
Annual house price growth slowed again according to the latest UK House Price Index published by the Office for National Statistics (ONS), down to 4.1% in year to March
Posted: 24/05/2023
The value of new equity released from UK properties totalled just £569.9m in the first quarter, significantly down from £1.40bn in Q1 2022.
Posted: 24/05/2023
A total of 76,630 homeowner mortgages were in arrears of 2.5% or more in Q1, a 2% increase on the previous quarterly total, new UK Finance figures have shown
Posted: 18/05/2023
Unconventional borrowing solutions were a top priority for brokers in the first quarter, TMA Club has reported
Posted: 18/05/2023
Three trade associations have confirmed the joint launch of an e-learning programme covering the bridging, short-term finance, development finance and specialist buy-to-let (BTL) markets
Posted: 18/05/2023
First-time buyers could slash their first mortgage term by eight years in England and by over a decade in Scotland and Wales by gifting via equity release
Posted: 17/05/2023
Nationwide has announced it is introducing new 0% green mortgage products to help its members improve the energy efficiency of their homes
Posted: 17/05/2023
Broker searches for capital raising mortgages have been trending upwards in recent months, according to data from Legal & General’s SmartrFit tool
Posted: 16/05/2023
Net mortgage lending is expected to grow by 1.2% in 2023, according to forecasts published by EY
Posted: 15/05/2023
There has been a rise in confidence among mortgage intermediaries for the outlook of the mortgage sector, new research by the Intermediary Mortgage Lenders Association (IMLA) has shown
Posted: 15/05/2023
The number of UK landlords planning to sell rented properties has reached its highest rate on record, new data published the National Residential Landlords Association (NRLA) has indicated
Posted: 15/05/2023
The average house price across England and Wales in April fell slightly to £375,063, a level 0.5% down on March, the latest e.surv House Price Index has indicated
Posted: 12/05/2023
A total of 547,187 property completions have now been supported by the Help to Buy scheme since its launch, new Treasury figures have shown
Posted: 12/05/2023
Four in five landlords (80%) have already carried out some remedial works to properties in response to new energy efficiency requirements, new research has indicated
Posted: 11/05/2023
First-time buyers opting for a 100% mortgage in the current market face a potential monthly repayment £369 higher than those purchasing with just a 15% deposit, analysis by Octane Capital has revealed
Posted: 10/05/2023
Leeds Building Society has become the first UK mortgage provider to partner with Experian and connect to the firm’s free Experian Boost service
Posted: 10/05/2023
An estimated 700,000 households in the UK missed a housing payment in the last month, new research by Which? has indicated
Posted: 09/05/2023
Annual house price inflation slowed to just 0.1% in April, a significant fall from 1.6% in March, according to the latest Halifax House Price Index
Posted: 09/05/2023
Skipton Building Society has announced it is launching the UK’s first 100% loan-to-value (LTV) mortgage aimed exclusively at renters
Posted: 09/05/2023
Two thirds of landlords (67%) experienced increased tenant demand during the first quarter 2023, new analysis from Paragon Bank has indicated
Posted: 05/05/2023
The number of net mortgage approvals for house purchases increased significantly to 52,000 in March, up from 44,100 in February, new Bank of England (BoE) figures have indicated
Posted: 04/05/2023
The total amount of housing equity available to homeowners over the age of 55 now stands at an estimated £616bn, new research by Canada Life has suggested
Posted: 04/05/2023
Mortgage brokers are positive about the outlook for their business volumes in the next 12 months, new research from Pepper Money has indicated, despite the challenging economic environment in the UK
Posted: 03/05/2023
The majority of brokers (54%) believe that only smarter lenders will become more creative and develop more bespoke products, criteria and underwriting based on affordability, new research has found
Posted: 03/05/2023
The average UK house price increased by 0.5% in April, following seven months of successive falls in the housing market
Posted: 02/05/2023
The number of equity release customers has fallen by 29% in Q1 of this year compared to 2022’s level, figures published by the Equity Release Council have revealed.
New and returning customers dipped to a total of 16,691 between January and March, down from 23,395 in Q1 last year
Posted: 28/04/2023
The number of residential property transactions in the UK increased by 26% in March compared to February’s total, new HMRC figures have indicated
Posted: 28/04/2023
PRIMIS Mortgage Network has reported that its product desk helped appointed representative (AR) advisers respond to 7,903 queries in Q1 2023
Posted: 27/04/2023
UK first-time buyers are turning to social media platforms as a source of advice and guidance when it comes to homeownership, research from Wayhome has revealed
Posted: 26/04/2023
The total value of property wealth owned outright by UK over-65s has climbed by £167.02bn over the last 12 months, new figures published by Key Later Life Finance have indicated
Posted: 26/04/2023
Just Mortgages has revealed that 48 new advisers have joined its self-employed division in the first quarter of 2023
Posted: 26/04/2023
A majority 94% of brokers believe that affordability has become even more complex in the last 12 months, new research from Mortgage Broker Tools (MBT) has indicated
Posted: 26/04/2023
The number of voluntary penalty-free partial repayments made by equity release customers increased by 48% last year, a new report from the Equity Release Council has revealed
Posted: 25/04/2023
Lending in the second charge market increased to £135m in March, according to figures reported to Loans Warehouse from second charge lenders
Posted: 25/04/2023
There are currently more than two million potential customers for Right to Buy in England and Wales, new research commissioned by Pepper Money has indicated
Posted: 25/04/2023
Rental yields for landlords across England and Wales increased to 6.5% in the first quarter of 2023, new data published by Fleet Mortgages has indicated
Posted: 24/04/2023
The average price of new property entering the housing market increased by 0.8% in March, the latest Rightmove House Price Index has revealed
Posted: 24/04/2023
Criteria searches made on behalf of first-time buyers jumped by 22% between February and March, according to data from Legal & General’s SmartrFit platform
Posted: 24/04/2023
UK households made £23.3bn worth of mortgage overpayments in 2022, a figure equivalent to £64m per day, figures published by the Equity Release Council have shown
Posted: 19/04/2023
Annual house price growth slowed to 5.5% in the year to February, the latest UK House Price Index from the Office for National Statistics has shown
Posted: 19/04/2023
Specialist real estate lender, Glenhawk, has launched a new sustainability incentive and will now offer an end-of-term discount for borrowers undertaking refurbishments that improve the Energy Performance Certificate (EPC) rating of a property
Posted: 18/04/2023
The total number of mortgage lending transactions has declined by 7.1% since the Bank of England (BoE) first started to increase interest rates in December 2021, analysis by Octane Capital has shown
Posted: 18/04/2023
MQube, the parent company of mortgage lender MPowered Mortgages, has partnered with banking software firm, Thought Machine
Posted: 18/04/2023
End-to-end mortgage platform, Smartr365, has launched an “industry-first” technology to automatically sync procuration fee claim information between itself and Legal & General Mortgage Club’s ClubHub
Posted: 17/04/2023
The number of mortgage market cancellations reached a 10-year high in 2022, amid the flurry of interest rate rises announced by the Bank of England (BoE)
Posted: 13/04/2023
The Association of Mortgage Intermediaries (AMI) has welcomed the 2023/24 fees and levies consultation announced by the Financial Conduct Authority (FCA)
Posted: 13/04/2023
Clear and concise criteria are the most important factors for brokers when it comes to choosing a mortgage lender, a new study by Pepper Money has found
Posted: 13/04/2023
Just Mortgages has urged the mortgage sector to get behind shared ownership and other low deposit schemes to help first-time buyers start their home ownership journeys, following the end of the Help to Buy scheme
Posted: 13/04/2023
Six in 10 landlords support the introduction of a minimum set of property standards for the private rented sector, new research from Paragon Bank has indicated
Posted: 12/04/2023
Customers with adverse credit will find it most challenging to access a mortgage in the next 12 months, a new study by Pepper Money has indicated
Posted: 12/04/2023
More than two in five renters (44%) want to see more cost of living support from the Government to help with general finances and affordability, research from The Mortgage Lender (TML) has indicated
Posted: 12/04/2023
Clydesdale Bank has introduced a number of changes across its residential range including reduced fixed rates and new remortgage deals
Posted: 06/04/2023
The average house price increased by 0.8% in March, following a 1.2% rise in February, according to the latest Halifax house price index
Posted: 06/04/2023
The Association of Mortgage Intermediaries (AMI) has announced it has now completed its annual election process for positions on its board.
Several positions on the trade body’s board, which is based upon a constituency basis, were being contested
Posted: 05/04/2023
Molo Finance has launched a new service to help investors get an offer on their buy-to-let (BTL) mortgage within 24 hours
Posted: 04/04/2023
Half of renters in the UK (50%) who have moved during the past year have seen an increase in their monthly rental payments of between £51 and £200, new research has indicated
Posted: 30/03/2023
The number of mortgage approvals in the UK increased in February, new Bank of England (BoE) data has shown, the first monthly rise in approvals for house purchases since August last year
Posted: 29/03/2023
The government’s progress on improving the energy efficiency of UK homes has been criticised in a report by the National Infrastructure Commission
Posted: 27/03/2023
Stonebridge has become the first mainstream mortgage network to be recognised as an associate firm of the Society of Mortgage Professionals (SMP)
Posted: 27/03/2023
Second charge lending decreased by 8.8% in February to total £95.3m for the month, figures reported directly to Loans Warehouse from second charge lenders have shown
Posted: 24/03/2023
Annual house price growth slowed to 6.3% in the 12 months to January 2023, according to the latest UK House Price Index published by the Office for National Statistics (ONS)
Posted: 22/03/2023
More than nine in every 10 mortgage brokers would say that conveyancers are “a vital part of the property transaction process”, new research from Groundsure has found
Posted: 21/03/2023
The number of residential property transactions across the UK increased by 2% in February compared to January’s total, new figures published by HMRC have indicated
Posted: 21/03/2023
Over four in five landlords (81%) make improvements on every property they add to their portfolio, new research by Paragon Bank has indicated
Posted: 21/03/2023
The average price of property entering the housing market has increased by 0.8% in March, according to the latest Rightmove House Price Index
Posted: 20/03/2023
Seven in 10 second charge mortgage products (70%) were used for debt consolidation purposes in the three months to February, new research published by Evolution Money has shown
Posted: 20/03/2023
Fintech lender, Gen H, has been added to the lender panel of mortgage, protection and compliance services proposition, Paradigm
Posted: 16/03/2023
The Chancellor’s Budget has been criticised by some industry figures for its lack of measures targeting the housing market
Posted: 15/03/2023
Gifts and loans from the Bank of Mum and Dad amounted to a total £8.8bn in 2022, according to new analysis from Savills
Posted: 15/03/2023
The monthly cost of owning a home for first-time buyers is currently 4% lower than the cost of renting the equivalent property, new analysis from Halifax has shown
Posted: 15/03/2023
CHL Mortgages has announced it is to use the new KB PRO system from Knowledge Bank to further improve how its criteria is communicated to mortgage brokers
Posted: 15/03/2023
Two trade associations have confirmed they are launching a targeted education programme for the short-term and specialist lending sector
Posted: 14/03/2023
Lender TAB is reintroducing fixed rates for first charge residential bridging loans
Posted: 13/03/2023
First-time buyers are persisting with Help to Buy purchases ahead of the 31 March cut-off-point, data from Legal & General’s SmartrFit tool has suggested
Posted: 09/03/2023
The Equity Release Council has called for coordinated action from the industry, government and regulators to help consumers plan ahead to enjoy better retirement living standards
Posted: 09/03/2023
more2life has announced a new partnership with property services company, Vibrant, to provide customers with a free Energy Performance Certificate (EPC)
Posted: 09/03/2023
The monthly cost of a new mortgage for the average semi-detached house in the UK increased by 61% in the year to December 2022
Posted: 08/03/2023
More than half of UK mortgage holders (56%) would say the ongoing cost of living crisis has affected their mental health, a study from Dye & Durham has indicated
Posted: 07/03/2023
The annual rate of house price growth has stayed at 2.1% for the third month running, according to the latest Halifax House Price Index
Posted: 07/03/2023
Mortgage and insurance network, Stonebridge, has announced that it achieved a 19% increase in mortgage completions during 2022
Posted: 03/03/2023
The government is facing fresh calls to step in and support the estimated 195,000 mortgage prisoners in the UK, following the publication of a report by the London School of Economics (LSE)
Posted: 02/03/2023
MPowered Mortgages has announced it is launching a new partnership with wealth manager, Quilter
Posted: 02/03/2023
A new “broker’s handbook” has been launched by the Green Finance Institute (GFI) to educate mortgage intermediaries about green home solutions
Posted: 02/03/2023
The number of mortgage approvals across the UK fell to 39,600 in January, marking the fifth running monthly fall in approvals for house purchases
Posted: 01/03/2023
The average UK house price fell by 1.1% in February, the largest annual fall since 2012, according to the latest Nationwide House Price Index
Posted: 01/03/2023
The average UK house price has climbed by 20.4% over the last three years, an increase worth £48,620, new analysis by Halifax has revealed
Posted: 28/02/2023
More than three quarters of landlords expect to opt for a fixed rate deal when it is time for them to remortgage, new research from Landbay has shown
Posted: 28/02/2023
The stock of houses in multiple occupation (HMOs) across England has fallen by 2.4% in the last year, new market analysis by Sirius Property Finance has shown
Posted: 27/02/2023
The total value of all homes across the UK reached a new high of £8.68trn at the end of 2022, new research by Savills has indicated
Posted: 27/02/2023
Home improvements were the main driver for people taking out a lifetime mortgage in 2022, according to new figures from Responsible Life
Posted: 24/02/2023
Over two fifths of UK landlords are still unaware of the upcoming changes to Energy Performance Certificate (EPC) regulations, new research from Market Financial Solutions (MFS) has revealed
Posted: 24/02/2023
The term “shared ownership” is acting as a barrier to the very borrowers it is designed to help, according to Just Mortgages
Posted: 22/02/2023
The number of first-time buyers in the UK fell by 10.6% last year, new research by Wayhome has revealed
Posted: 22/02/2023
The number of residential property transactions in the UK fell to 77,390 in January, new figures published by HMRC have indicated
Posted: 21/02/2023
The average price of new property coming to the housing market increased by just £14 this month, the smallest increase between January and February on record
Posted: 20/02/2023
Mortgage customers are in need of more education about their potential product options ahead of a record year for cessations in the remortgage and product transfer market, SimplyBiz Mortgages has stated
Posted: 17/02/2023
The proportion of landlords experiencing tenants in rental arrears has fallen to its lowest recorded level, research from Paragon Bank has indicated
Posted: 16/02/2023
Over two thirds (68%) of landlords are planning to raise rents if their mortgage rate goes up when they come to remortgage, new research from Landbay has indicated
Posted: 16/02/2023
Criteria searches among mortgage brokers have continued to indicate the impact the cost of living crisis is having on the UK, data published by Knowledge Bank has indicated
Posted: 15/02/2023
Buckinghamshire Building Society has announced that two new partners have joined its exclusive “Platinum Partner Programme”
Posted: 15/02/2023
Annual UK house price growth fell back to 9.8% in the 12 months to December 2022, according to the latest UK House Price Index from the Office for National Statistics (ONS)
Posted: 15/02/2023
More than a quarter (26%) of homeowners are now less likely to implement energy efficiency measures in the next 12 months, due to the cost of living continuing to climb
Posted: 14/02/2023
The second charge loan market has experienced a 2.9% increase at the beginning of 2023, according to the latest Secured Loan Index from Loans Warehouse
Posted: 14/02/2023
Mortgage affordability was a key query among brokers at the end of 2022, according to analysis from PRIMIS Mortgage Network
Posted: 13/02/2023
Market Financial Solutions (MFS) has announced a new partnership with finova Payment and Mortgage Services
Posted: 13/02/2023
Over two thirds of landlords (68%) would now be less likely to purchase a property if it has an Energy Performance Certificate (EPC) rating of below C, new research from Foundation Home Loans has indicated
Posted: 10/02/2023
Yorkshire Building Society has launched its first mortgage product with a rate below 4% for the first time since September last year
Posted: 09/02/2023
Mortgage claims, orders, warrants and repossessions increased significantly in the fourth quarter at the end of last year when compared to the same quarter in 2021
Posted: 09/02/2023
Confidence in the mortgage market dropped among intermediaries during Q4 2022, although steady caseload volumes have indicated the market is returning to normal
Posted: 09/02/2023
A total of 531,507 property completions have been supported by the Help to Buy: ISA scheme since it launched in 2015, new Treasury figures have shown
Posted: 08/02/2023
Seven in 10 buy-to-let (BTL) landlords do not intend to sell any of their properties in the next 12 months, according to new research from Landbay
Posted: 08/02/2023
The UK’s housing market has stabilised at the start of 2023, the latest Halifax House Price Index has indicated, with the average price of a home remaining largely unchanged in January at £281,684
Posted: 07/02/2023
Comparethemarket has reported that site visits to its mortgages page increased by over 60% within the first 24 hours of last week’s interest rates announcement
Posted: 06/02/2023
Tandem Bank has announced its entry into the residential purchase market
Posted: 06/02/2023
Specialist lender, Precise Mortgages, has announced a new partnership with CoreLogic UK, to support with property risk management and decisioning software
Posted: 02/02/2023
The rate of annual house price growth decelerated to 1.1% in January, according to the latest Nationwide House Price Index
Posted: 01/02/2023
The equity release market experienced a record year in 2022 with a total of 93,421 new and returning customers choosing to access their property wealth via equity release products
Posted: 31/01/2023
The total number of mortgage approvals in the UK slipped to 35,600 during December, down from 46,200 in November, new Bank of England (BoE) figures have indicated
Posted: 31/01/2023
The most popular mortgage criteria searches in December were made by applicants in search of green and interest-only products, new data from Legal & General’s SmartrFit platform has indicated
Posted: 30/01/2023
More than three in five (63%) financial advisers who advise on mortgages are concerned that their clients may struggle to make their mortgage payments as a result of the cost of living crisis, a new study has indicated
Posted: 30/01/2023
The Financial Intermediary & Broker Association (FIBA) has announced a new partnership with Atom bank
Posted: 30/01/2023
Lending in the second charge space decreased for a fourth consecutive month in December, new figures from Loans Warehouse have indicated
Posted: 27/01/2023
The UK’s first dedicated mortgage for modular construction homes has been launched by Ecology Building Society
Posted: 26/01/2023
Belmont Green, the parent company of Vida Homeloans, has priced its first securitisation of 2023
Posted: 26/01/2023
Rents in the UK increased to an average £903 during Q4 2022, according to figures from The Deposit Protection Service (DPS)
Posted: 25/01/2023
InterBay has partnered with VAS Panel to help speed up applications across its commercial and semi-commercial applications
Posted: 25/01/2023
The number of first-time buyers fell by 11% in 2022 compared to the year before, dropping to 362,461, according to new analysis from Halifax
Posted: 25/01/2023
More than two in five (42%) of buy-to-let (BTL) landlords intend to purchase additional property in the next 12 months, new research from Landbay has indicated
Posted: 25/01/2023
The average house price in Wales reached a new record of £249,076 at the end of 2022, according to Principality Building Society’s latest Wales House Price Index
Posted: 24/01/2023
The number of property transactions in the residential market hit an estimated 108,960 during December, a 3% fall from November’s total
Posted: 24/01/2023
Rental yields across England and Wales increased to 6.2% in the fourth quarter of 2022, new data published by Fleet Mortgages has indicated
Posted: 23/01/2023
The equity release market grew to a record high of £5.58bn in new lending in 2022, new data published by Key Later Life Finance has shown
Posted: 23/01/2023
finova Payment and Mortgage Services has announced a new partnership with Loans Warehouse
Posted: 23/01/2023
Criteria searches by mortgage brokers reflected another month of change in December, Knowledge Bank has reported
Posted: 20/01/2023
Annual house price growth in Scotland has seen a slight increase to 6.7% in the year to November, the latest Walker Fraser Steele Acadata House Price Index (Scotland) has indicated
Posted: 19/01/2023
The availability of secured credit to UK households decreased in the three months to the end of November 2022, new analysis published by the Bank of England (BoE) has indicated
Posted: 19/01/2023
Annual house price growth slowed to 10.3% in the year to November 2022, the latest UK House Price Index published by the Office for National Statistics (ONS) has indicated
Posted: 18/01/2023
A third (33%) of homeowners say that contributing to the UK’s net zero targets is important and the reason they would make improvements to their home, according to research by Mortgage Advice Bureau
Posted: 17/01/2023
Half of landlords would be prepared to make changes to their property to accommodate the needs of older tenants, according to research from Paragon Bank
Posted: 17/01/2023
Homebuyers are continuing to utilise bridging loans to overcome financial hurdles in the property market, analysis from Apex Bridging has shown
Posted: 17/01/2023
The Association of Mortgage Intermediaries (AMI) has announced it is developing a sector-wide scheme to connect mortgage professionals with leaders in the industry for mentoring
Posted: 17/01/2023
LendInvest has announced that it has increased its funding line from Lloyds Bank, which now totals £300m
Posted: 17/01/2023
The average price of property coming to the market for sale has increased by 0.9% this month, according to the latest Rightmove House Price Index
Posted: 16/01/2023
MPowered Mortgages has announced that it has partnered with mortgage and protection network, HLPartnership
Posted: 12/01/2023
Three in 10 (30%) of over-55s believe that their ability to repay their mortgage will be hindered as a result of the cost of living crisis, research from Key has indicated
Posted: 11/01/2023
Annual house price growth for properties in England and Wales slowed to 7.8% in December, according to the latest e.surv House Price Index
Posted: 10/01/2023
More than 1.4 million households in the UK are facing the prospect of rising interest rates when they renew their fixed mortgages in 2023
Posted: 09/01/2023
Annual house price growth dropped to 2.0% in December, a significant fall from 4.6% in November, according to figures from the latest Halifax House Price Index
Posted: 06/01/2023
Buyer demand levels declined in the fourth quarter of 2022 as economic pressures and the increased cost of borrowing continue to force many people to re-evaluate their home buying plans
Posted: 05/01/2023
Remortgaging is to dominate mortgage intermediary business in 2023, new research from Paragon Bank has suggested
Posted: 05/01/2023
The number of mortgage approvals fell to 46,100 in November, down from 57,900 in October, new figures published by the Bank of England (BoE) have shown
Posted: 04/01/2023
More than half of private renters (58%) would say they are less likely to look at a rental property if it had an Energy Performance Certificate (EPC) rating of D or below, research from Shawbrook has indicated
Posted: 04/01/2023
Mortgage affordability for self-employed customers has dropped to its lowest level on record, according to the latest Mortgage Broker Tools (MBT) Affordability Index
Posted: 04/01/2023
The number of first-time buyers fell by 9% in 2022, according to estimates from Yorkshire Building Society
Posted: 03/01/2023
Annual house price inflation slowed to 2.8% in December, a sharp fall from 4.4% in November, according to the latest Nationwide House Price Index
Posted: 03/01/2023
UK house prices increased by 7.2% over the course of 2022, according to the final Zoopla House Price Index of the year
Posted: 22/12/2022
More than three in five (63%) of landlords would say the government has introduced too much regulation in the private rental sector, a new survey from Market Financial Solutions (MFS) has indicated
Posted: 22/12/2022
The number of UK residential property transactions increased by 12% in November in comparison to the same month last year, new data published by HMRC has revealed
Posted: 21/12/2022
Gross mortgage lending is expected to reach £310bn this year, a report published by the Intermediary Mortgage Lenders Association (IMLA) has indicated
Posted: 21/12/2022
The buy-to-let (BTL) sector experienced an increase in broker criteria searches during November, following a 10% rise in searches for holiday lets
Posted: 21/12/2022
The government has announced it is extending its Mortgage Guarantee Scheme by a year to the end of December 2023
Posted: 20/12/2022
The average UK property price is now £46,403 higher than it was at the onset of the COVID pandemic, new analysis from Halifax has shown
Posted: 19/12/2022
Homeowners are starting to consider solutions such as downsizing, taking on lodgers and extra work to deal with their rising monthly mortgage costs, a new study has highlighted
Posted: 19/12/2022
First-time buyers in England will need almost 11 years of consistent saving at the UK median of £180 per month in order to save enough for the average deposit amount, new research has revealed
Posted: 19/12/2022
The market for second charge borrowing is continuing to “reflect the wider economy” and the financial concerns of many individuals seeking to get a grip on an increase in both the cost of living and the cost of securing finance, Evolution Money has stated
Posted: 15/12/2022
Lending in the second charge space dropped for the fourth month running to total £135.5m in November, according to the latest Secured Loan Index from Loans Warehouse
Posted: 14/12/2022
Annual house price growth stood at 12.6% in the year to October, according to the latest UK House Price Index published by the Office for National Statistics (ONS)
Posted: 14/12/2022
finova Payment and Mortgage Services has announced a new partnership with home finance provider, StrideUp
Posted: 14/12/2022
MPowered Mortgages has reduced rates across its suite of five-year fixed products, and announced new five-year mortgage products at 80% LTV
Posted: 13/12/2022
Mortgage payments are set to increase by up to £3,000 a year for around four million homeowners next year, the Bank of England has said in a report
Posted: 13/12/2022
Overall mortgage lending is expected to fall by 15% in 2023, a return to pre-pandemic levels, according to UK Finance forecasts
Posted: 12/12/2022
Allica Bank has reported £65m of instant commercial mortgage decision-in-principle (DIP) applications since it launched a new automated application tool at the start of November
Posted: 08/12/2022
Equity release introducers are expecting continuing growth over the next one to three years in their referral business as the market expands, a new report from Key Partnerships has suggested
Posted: 08/12/2022
The Mortgage Works (TMW) has announced it is reducing its stress tests for lower rate tax payers and updating its stress rate policy for its further advance applications
Posted: 07/12/2022
Annual house price growth in the UK slowed to 4.7% in November, falling sharply from 8.2% in October, according to the latest Halifax House Price Index.
The average house price fell on a month-by-month basis by 2.3% in November, to follow a 0.4% dip in October
Posted: 07/12/2022
Broker satisfaction with UK mortgage lenders has fallen to its lowest level recorded outside of the pandemic, new research from Smart Money People has indicated
Posted: 07/12/2022
More than three quarters of self-employed people are concerned about their prospects of getting a mortgage, new research by Pepper Money has indicated
Posted: 06/12/2022
Annual house price growth in the UK decelerated to 4.4% in November, falling from 7.2% in October, according to the latest Nationwide House Price Index
Posted: 01/12/2022
The Intermediary Mortgage Lenders Association (IMLA) has elected its management committee for 2023
Posted: 01/12/2022
The number of landlords asking prospective tenants to provide guarantors ahead of renting a UK property has risen by 3% since this time last year, new research from Goodlord has indicated
Posted: 30/11/2022
The willingness to “take a view” is the most important attribute of a specialist mortgage lender, according to 99% of brokers
Posted: 30/11/2022
The number of potential mortgage customers with adverse credit in the UK has increased by more than 1.6 million people in the past year, new research from Pepper Money has suggested
Posted: 30/11/2022
Appetite among homebuyers for new-build homes has remained strong despite activity across the housing market starting to cool, new research has indicated
Posted: 29/11/2022
Net borrowing of mortgage debt by individuals fell from £5.9bn to £4.0bn in October following the fallout from the government’s mini-Budget, figures from the Bank of England (BoE) have shown
Posted: 29/11/2022
The number of available mortgage products currently on the market is sitting 41% below the level seen this time last year, analysis by Octane Capital has shown
Posted: 29/11/2022
The spike in mortgage rates after the mini-Budget in late September has led to a “sharp reduction” in housing market activity, the latest Zoopla House Price Index has stated
Posted: 28/11/2022
More than half (52%) of homeowners with a fixed, tracker or discount mortgage are on deals that need to be renewed within the next two years, according to research from The Mortgage Lender (TML)
Posted: 28/11/2022
OSB Group has announced a package of measures to support buy-to-let (BTL) landlords looking to improve the sustainability of their investment properties
Posted: 28/11/2022
The level of mortgage approvals across the UK property market is expected to dip in 2022
Posted: 23/11/2022
The number of residential property transactions fell by 3% between September and October, according to the latest data published by HMRC
Posted: 22/11/2022
Mortgage searches carried out by brokers in October were dominated by “niche criteria”, data from Legal & General’s SmartrFit platform has indicated
Posted: 21/11/2022
Mortgage brokers are struggling to keep up to date with recent changes to lenders’ products and criteria, according to new research
Posted: 21/11/2022
The average loan size offered to buy-to-let borrowers has plummeted in the last six months, according to analysis by Mortgage Broker Tools (MBT)
Posted: 17/11/2022
Annual house price growth slowed to 9.5% in the year to September, falling from 13.1% in August, the latest UK House Price Index from the Office for National Statistics (ONS) has revealed
Posted: 16/11/2022
MPowered Mortgages has announced that it has partnered with PRIMIS Mortgage Network
Posted: 16/11/2022
Nottingham Building Society and fintech mortgage lender Generation Home (Gen H) have agreed a new partnership of up to £600m
Posted: 15/11/2022
Lenders continued to withdraw and reprice their products on a daily basis during October, according to Knowledge Bank, which suggested that the month has been a “merry-go-round of product and criteria changes”
Posted: 14/11/2022
Legal & General Surveying Services has urged homeowners to avoid hidden costs during a property transaction by seeking a home survey
Posted: 14/11/2022
A total of 514,868 property completions have now been supported by the Help to Buy: ISA scheme, new Treasury figures have shown
Posted: 11/11/2022
Lending in the second charge space dropped to £150.2m in October, according to the latest Secured Loan Index from Loans Warehouse
Posted: 11/11/2022
There were 74,440 homeowner mortgages in arrears of 2.5% or more of the outstanding balance in the third quarter of 2022, according to figures published by UK Finance
Posted: 10/11/2022
Demand in the mortgage market dipped slightly in the third quarter, data published by the Intermediary Mortgage Lenders Association (IMLA) has revealed
Posted: 09/11/2022
Just 4% of people over the age of 50 believe they would be able to take out a new mortgage, research carried out by LiveMore has suggested
Posted: 08/11/2022
Affordability searches in the buy-to-let (BTL) space have risen by 22% in the last month, research from Mortgage Broker Tools (MBT) has indicated
Posted: 08/11/2022
More than a quarter of landlords are planning to sell properties as a result of the current buy-to-let (BTL) environment, a new broker study has found
Posted: 07/11/2022
The average UK house price fell by 0.4% in October, to follow the 0.1% drop in September, the latest Halifax House Price Index has revealed
Posted: 07/11/2022
More borrowers are taking out a lifetime mortgage to fund home improvements rather than repay mortgages so far this year, according to new research from Responsible Life
Posted: 07/11/2022
Two thirds (66%) of the housing market is cut off from homebuyers who are in a chain, as the majority of sellers now want a chain-free process, a new study has indicated
Posted: 07/11/2022
New lending in the equity release market reached £1.53bn in the third quarter as the average customer released more than £114,000 in property wealth to boost their finances
Posted: 02/11/2022
Market Financial Solutions (MFS) has confirmed that it has secured £200m of additional institutional funding
Posted: 02/11/2022
Annual UK house price inflation slowed to 7.2% in October, down from 9.5% in September, according to the latest Nationwide House Price Index
Posted: 01/11/2022
Access Financial Services (FS) has launched a new campaign to support brokers when estate agents pressure home buyers to use their in-house mortgage broker rather than let them choose their own adviser
Posted: 01/11/2022
Concerns among consumers are growing about the security of their personal information when they go online and compare mortgage quotes, according to research from Contact State
Posted: 31/10/2022
Approvals for house purchases decreased significantly to 66,800 in September, down from 74,400 in August, figures from the Bank of England (BoE) have confirmed
Posted: 31/10/2022
Homeowners under the age of 25 are the most likely age group to opt for a tracker mortgage, a study by Uswitch has found
Posted: 27/10/2022
Average UK rents increased by more than 2% for the second quarter in a row during Q3, according to data from The Deposit Protection Service (The DPS)
Posted: 26/10/2022
A total £1.71bn in property wealth was withdrawn through equity release in the third quarter, figures from the Equity Release Council have revealed
Posted: 26/10/2022
Three in 10 UK adults (30%) are finding it difficult to to afford their rent or mortgage payments, data published by the Office for National Statistics (ONS) has indicated
Posted: 25/10/2022
Mortgage criteria searches concerning the private rented sector remained strong in September, data from Legal & General’s SmartrCriteria tool has indicated
Posted: 24/10/2022
Increasing demand for homes in UK cities has been the driving force behind the rapid house price inflation witnessed earlier this year, according to analysis from Halifax
Posted: 24/10/2022
More than three in five (63%) of UK adults fear the current economic downturn of the nation could hurt their chances of getting a mortgage in the next 12 months, according to new research
Posted: 24/10/2022
PRIMIS Mortgage Network has reported that its product desk saw an increase of 707 queries from appointed representative (AR) advisers in the third quarter compared to Q2 this year
Posted: 24/10/2022
The number of residential property transactions in the UK during September remained broadly unchanged from the previous month, new figures from HMRC have shown
Posted: 21/10/2022
Rental yields across England and Wales fell to 5.4% in the third quarter, down from 6.2% a year ago
Posted: 20/10/2022
Three quarters (75%) of over-55s haven’t heard of green mortgages, a study by Age Partnership has found
Posted: 20/10/2022
Annual house price growth slowed to 13.6% in the year to August, down from 16.0% in July, according to the latest UK House Price Index published by the Office for National Statistics (ONS)
Posted: 19/10/2022
More than nine in 10 brokers (91%) believe that mainstream mortgage lenders have tightened their criteria for self-employed applicants, according to a new study
Posted: 19/10/2022
The number of remortgage approvals across the mortgage industry fell more moderately in the second quarter compared to its sharpest decrease in 11 years during Q1
Posted: 18/10/2022
The average price of property coming to the UK market climbed by 0.7% in September, the latest Rightmove House Price Index has revealed
Posted: 17/10/2022
The pace of UK house price growth has “moderated noticeably”, while 12-month expectations have now turned negative, the latest UK Residential Survey from RICS has indicated
Posted: 13/10/2022
The mortgage brokerage market is estimated to increase in value by 12% and reach close to £2bn by 2025, despite the UK’s forecasted economic turmoil
Posted: 13/10/2022
The cost of purchasing a new-build home has increased by 47% over the last 10 years, even after adjusting for inflation, research from Alliance Fund has revealed
Posted: 12/10/2022
Lending across the second charge market totalled £160.4m in September, according to the latest Secured Loan Index published by Loans Warehouse
Posted: 12/10/2022
The Association of Mortgage Intermediaries (AMI) has confirmed plans for a new inclusivity and equity initiative
Posted: 11/10/2022
Brokers using Acre’s mortgage platform will now have the ability to connect to Santander, following an API development facilitated by Mortgage Brain
Posted: 11/10/2022
Just Mortgages has revealed there have been more female than male applicants for its broker academy places for the first time
Posted: 10/10/2022
Bridge Help has announced it has joined the finova Payment and Mortgage Services lender panel
Posted: 10/10/2022
The majority of people in the UK (57%) would say the double digit growth in house prices over the last year is blocking them from raising the deposit required to buy a home, new research has indicated
Posted: 07/10/2022
The average UK house price fell by 0.1% in September as the housing market shows new signs of slowing down
Posted: 07/10/2022
Accord Mortgages has announced it is returning to the market with a new range of residential mortgages, following a temporary withdrawal
Posted: 07/10/2022
The Equity Release Council has announced the appointment of two independent non-executive directors (NEDs), Barry Meeks and Mike Hughes, to join its leadership team and steer the growing organisation into its second decade
Posted: 04/10/2022
Hampshire Trust Bank (HTB) has relaunched into the bridging market following the creation of its new bridging team
Posted: 04/10/2022
Almost a fifth (17.5%) of UK brokers have been held as ‘data prisoners’, research from Smartr365 has revealed
Posted: 03/10/2022
The FCA and the government are being urged to enforce non-lenders who choose not to lend to offer fairer rates, UK Mortgage Prisoners lead campaigner Rachel Neale has said
Posted: 29/09/2022
The popularity of lifetime mortgages is growing across every UK region, according to the Equity Release Council’s Autumn 2022 Market Report, as homeowners aged 55+ draw on the wealth they have accumulated through paying down their mortgages and long-term house price growth
Posted: 29/09/2022
Almost a third of homeowners reaching the end of their fixed-term loans will only consider long-term remortgage deals as living costs rise, according to Comparethemarket
Posted: 28/09/2022
Banks and building societies are withdrawing some mortgage deals after a fall in the pound fuelled forecasts of a sharp rise in interest rates
Posted: 27/09/2022
The stamp duty cut announced by the government in last week’s mini-budget could save homebuyers across England over £1bn per year, latest research by London lettings and estate agent, Benham and Reeves has shown
Posted: 26/09/2022
Sixty-one per cent of mortgage brokers believe technology to be "integral" to the future of the mortgage industry, latest research from Smartr365 has revealed
Posted: 26/09/2022
The stamp duty threshold is to rise from £125,000 to £250,000, and for first-time buyers it will rise from £300,000 to £425,000, Chancellor Kwasi Kwarteng has announced in his mini-budget
Posted: 23/09/2022
The average cost of a mortgage has climbed by as much as 34% since the first interest rate increase in December of last year, market analysis by Octane Capital has revealed
Posted: 22/09/2022
The government is expected to announce plans to cut stamp duty in its mini-budget this week, in an attempt to drive economic growth.
Posted: 22/09/2022
The vast majority of brokers (94%) are expecting the specialist mortgage market to grow over the next two years, a new study has found
Posted: 21/09/2022
The number of residential property deals climbed by 4.4% in August compared to July, new HMRC figures have revealed
Posted: 21/09/2022
Over-65s have seen their property wealth increase by more than £10,000 on average this year, new analysis from Key has shown
Posted: 21/09/2022
Around a third (33%) of mortgage holders believe the interest rate hikes over the past year have made their mortgage repayments unaffordable, according to a new study
Posted: 20/09/2022
Lending across the second charge sector totalled £166.5m in August, according to figures reported directly from second charge lenders to Loans Warehouse
Posted: 16/09/2022
Around three in 10 consumers (29%) have reported a ‘bad experience’ when searching online for a mortgage quote, new research by regtech firm Contact State has found
Posted: 15/09/2022
Annual house price inflation in Scotland averaged 9.1% in the 12 months to July, according to the latest Walker Fraser Steele Acadata House Price Index
Posted: 15/09/2022
Annual house price growth in the UK has jumped to its highest rate since May 2003, according to the latest UK House Price Index published by the Office for National Statistics (ONS)
Posted: 14/09/2022
The outstanding value of all residential mortgage loans in the UK was £1.65bn at the end of the second quarter, a figure 3.8% higher than the same period last year, new Bank of England (BoE) figures have revealed
Posted: 13/09/2022
Annual house price growth across England and Wales increased to 12.2% in August, the latest e.surv House Price Index has revealed
Posted: 08/09/2022
Annual house price growth slowed to 11.5% in August, down from 11.8% in July, according to the latest Halifax House Price Index
Posted: 07/09/2022
Searches for mortgages which consider a property’s Energy Performance Certificate (EPC) rating increased by 34% in July, according to data from Legal & General’s SmartrCriteria tool
Posted: 06/09/2022
Mortgage lenders are restricting the maximum loan sizes available to higher income earners, new research published by Mortgage Broker Tools (MBT) has found
Posted: 06/09/2022
Mortgage and insurance network, Stonebridge, has announced the addition of Connect for Intermediaries to both its referral and packaging panels
Posted: 06/09/2022
Total mortgage searches increased by 21.5% in August compared to the same month last year, new data from Twenty7tec has revealed
Posted: 05/09/2022
SMEs are displaying a heightened focus on finding finance to boost their sustainability, new research by Allica Bank has suggested
Posted: 02/09/2022
Mortgage affordability has now dropped to its lowest level so far this year, according to the latest Mortgage Broker Tools (MBT) Affordability Index
Posted: 01/09/2022
The combined value of the nation’s houses in multiple occupation (HMO) market is estimated to be almost £26bn in current market conditions, new analysis by Revolution Brokers has indicated
Posted: 01/09/2022
Annual house price growth decelerated to 10.0% in August, slowing from 11.0% in July, the latest Nationwide House Price Index has indicated
Posted: 01/09/2022
The new energy price cap increase will mean that first-time buyers’ energy costs are to constitute over 15 weeks’ worth of mortgage payments
Posted: 30/08/2022
Net borrowing of mortgage debt by adults in the UK fell slightly in July to £5.1bn, new figures from the Bank of England (BoE) have indicated
Posted: 30/08/2022
Annual UK house price growth stood at 8.3% in the 12 months to July, according to the Zoopla House Price Index
Posted: 26/08/2022
Almost £100bn worth of mortgages are to mature before the end of the year, analysis by Accord Mortgages has shown
Posted: 25/08/2022
Generation Home has been confirmed as the latest member to join the Intermediary Mortgage Lenders Association (IMLA)
Posted: 25/08/2022
More than seven in 10 homeowners (71%) have no understanding of the “no negative equity guarantee” when it comes to equity release, a new study has indicated
Posted: 24/08/2022
Around a fifth (19%) of property wealth unlocked via equity release came through remortgaging in the first half of 2021, figures from Key Later Life Finance have shown
Posted: 24/08/2022
Sesame Bankhall Group (SBG) has announced the launch of a new support hub for advisers to ensure they are prepared for the “biggest mortgage refinancing opportunity of the decade”
Posted: 23/08/2022
The number of residential property transactions in the UK jumped 7.2% month-on-month in July, new HMRC figures have indicated
Posted: 23/08/2022
Mortgage and protection advisers working within mortgage advice firms have been called on by the Association of Mortgage Intermediaries (AMI) to complete a survey
Posted: 22/08/2022
First-time buyers are being urged to manage their expectations, following new findings from Yorkshire Building Society
Posted: 22/08/2022
Just Mortgages has announced it is launching a new business development initiative for its employed and self-employed brokers
Posted: 18/08/2022
Knowledge Bank has reported that around 40% of the 1,500 criteria updates carried out on its system during July were in the buy-to-let (BTL) sector
Posted: 18/08/2022
The average UK first-time buyer has seen the initial cost of a mortgage deposit climb by 41% in the last decade, new market analysis by Barrows and Forrester has revealed
Posted: 17/08/2022
The number of mortgage transactions has fallen by 33% since the Bank of England (BoE) first raised interest rates again in December last year, new analysis has shown
Posted: 17/08/2022
Annual house price growth decelerated to 7.8% in June, according to the latest UK House Price Index from the Office for National Statistics (ONS)
Posted: 17/08/2022
Lending in the second charge loan space saw a 12.5% monthly increase in July, figures reported directly to Loans Warehouse from second charge lenders have confirmed
Posted: 17/08/2022
Mortgage activity is forecast to fall by 6% in 2022 as the market responds to the flurry of interest rate hikes, new analysis by Henry Dannell has indicated
Posted: 16/08/2022
Perenna has received its banking licence with restrictions from the Prudential Regulation Authority and Financial Conduct Authority
Posted: 16/08/2022
Investors are still reporting “significant demand” in the holiday let mortgage market despite the easing of COVID lockdown restrictions, research from Hampshire Trust Bank has indicated
Posted: 15/08/2022
Average buy-to-let (BTL) rates for two-year fixed rate deals favoured by landlords have doubled since the start of the year, according to research published by Property Master
Posted: 12/08/2022
Paradigm Mortgage Services has announced the launch of a new partnership with sourcing and technology platform provider, Twenty7tec
Posted: 12/08/2022
New buyer demand across the housing market is continuing to decline at a steady pace, according to the latest UK Residential Survey from the Royal Institution of Chartered Surveyors (RICS)
Posted: 11/08/2022
The total number of customers in arrears with their mortgages continued to fall in the second quarter, new figures published by UK Finance have confirmed
Posted: 11/08/2022
Twenty7tec has announced that new lender to the mortgage market, Even, has added its mortgage product range to the Twenty7tec SOURCE module
Posted: 11/08/2022
Annual house price growth for the regions covering England and Wales climbed to 10.2% in July, the latest e.surv House Price Index has revealed
Posted: 10/08/2022
Just 17,996 mortgages were completed through the government’s 95% mortgage guarantee scheme between its launch in April 2021 up to the end of March 2022
Posted: 10/08/2022
Growth in the holiday let mortgage market has led to the number of active holiday lets increasing by as much as 33% in some of England’s most popular short break destinations, new research from Octane Capital has indicated
Posted: 09/08/2022
Case volumes for intermediaries across the mortgage market remained at the same level in Q2 compared to the previous quarter, new data from the Intermediary Mortgage Lenders Association (IMLA) has revealed
Posted: 09/08/2022
The average UK first-time buyer is now almost £42,000 worse off when it comes to buying a first property, new research by Stipendium has suggested
Posted: 08/08/2022
Monthly mortgage searches rebounded in July, new Twenty7Tec data has indicated, rising by 8.7% after the figure fell in June
Posted: 08/08/2022
MPowered Mortgages has announced the launch of a new partnership with fintech broker, Fluent Money
Posted: 08/08/2022
House prices in the UK fell by 0.1% in July, according to the latest Halifax House Price Index, the first decrease since June 2021
Posted: 05/08/2022
Saffron Building Society has temporarily paused new applications on all mortgages excluding its self-build offering
Posted: 05/08/2022
A total £811bn worth of property wealth was available for equity release to UK homeowners over the age of 55 during the second quarter, new analysis by Canada Life has revealed
Posted: 04/08/2022
Continued interest rate rises have resulted in a £71.50 increase in the average monthly cost of a mortgage for homebuyers across the UK this year, new analysis has found
Posted: 03/08/2022
Accord Mortgages has confirmed that it has joined the Deposit Unlock scheme and can now lend up to 95% LTV for new-build houses
Posted: 03/08/2022
An estimated 370,000 mortgage borrowers could save an average £1,240 per year for two years by switching to a two-year fixed rate with their existing lender
Posted: 02/08/2022
The average UK house price increased by 8.3% in the 12 months to June, according to the latest Zoopla House Price Index
Posted: 02/08/2022
A total £1.6bn in property wealth was unlocked via equity release in the second quarter, a new report published by the Equity Release Council has shown
Posted: 02/08/2022
House price growth in the UK edged up to 11.0% in the 12 months to July, according to the Nationwide House Price Index
Posted: 02/08/2022
One quarter (25%) of grandparents currently plan to help or have already helped their grandchildren become first-time buyers, a new study from Aviva has indicated
Posted: 01/08/2022
Net borrowing of mortgage debt by individuals fell to £5.3bn in June, down from £8.0bn in May, new figures from the Bank of England (BoE) have revealed
Posted: 29/07/2022
The gap between the average maximum and minimum loan sizes available to mortgage applicants is now wider than ever, according to data from Mortgage Broker Tools (MBT)
Posted: 29/07/2022
A spike in buy-to-let (BTL) purchase activity was recorded in the mortgage market during June, according to new data from Legal & General’s SmartrCriteria tool
Posted: 28/07/2022
Mortgage Advice Bureau (MAB) has announced a new partnership with property platform, Yuno
Posted: 28/07/2022
PRIMIS Mortgage Network has announced that Investec will become the first private bank to lend on its panel
Posted: 28/07/2022
Competition to become a mortgage and protection adviser has “never been fiercer”, according to brokerage firm Just Mortgages, with places on its latest academy largely oversubscribed
Posted: 27/07/2022
Gifting via equity release could help first-time buyers shave off up to 14 years from their mortgage term, new analysis by more2life has suggested
Posted: 27/07/2022
Norton Broker Services has announced the addition of TAB to its panel of lenders
Posted: 27/07/2022
Zephyr Homeloans has announced the appointment of Brilliant Solutions as a new packager partner
Posted: 26/07/2022
First-time buyer asking prices and equivalent asking rents have risen three times faster compared with the years prior to the pandemic, new research from Rightmove has indicated
Posted: 25/07/2022
Over a quarter (27%) of homebuyers are putting off their house purchase due to fears around the rising cost of living, according to a report from Yorkshire Building Society
Posted: 21/07/2022
Residential property transactions across the UK fell by 3.1% in June compared to May, according to new HMRC estimates
Posted: 21/07/2022
Legal & General Mortgage Club has integrated 10 new lenders into its mortgage research tool, SmartrFit
Posted: 21/07/2022
Around two thirds of property professionals would say they are confident about their business prospects over the next year, new research has indicated
Posted: 20/07/2022
Annual house price growth accelerated to 12.8% over the 12 months to May, according to the latest UK House Price Index from the Office for National Statistics (ONS)
Posted: 20/07/2022
A record first half of 2022 has put the equity release market on course to hit £6bn in new lending for the year, new data published by Key Later Life Finance has revealed
Posted: 20/07/2022
The Intermediary Mortgage Lenders Association (IMLA) has announced that Netcall has become the latest associate member to join the trade body
Posted: 20/07/2022
Secured loan lender Evolution Money has announced it is taking part in the government-sponsored four-day working week trial
Posted: 19/07/2022
Annual house price growth in Scotland climbed to 8.4% in May, its highest level so far in 2022
Posted: 19/07/2022
The average house price for property entering the market has risen for a sixth consecutive month, the latest Rightmove House Price Index has confirmed
Posted: 18/07/2022
The number of home movers has fallen by more than a third (35%) in the first half of 2022 compared to the opening half of last year, new data published by Halifax has indicated
Posted: 18/07/2022
Phoenix Group and Landbay have announced a new strategic partnership to fund long-term fixed rate mortgages
Posted: 18/07/2022
Annual house price growth across England and Wales increased to 10.9% in June, according to the latest e.surv Acadata House Price Index
Posted: 15/07/2022
The number of new buyers coming to the housing market fell again in June, new research by RICS has indicated
Posted: 14/07/2022
A homebuyer opting for one of the government’s proposed 50-year mortgages could end up paying over £470,000 in interest alone for an average priced property, new analysis has indicated
Posted: 14/07/2022
Second charge lending totalled £143.3m in June, £7.6m less than the figure in May, according to the latest Secured Loan Index published by Loans Warehouse
Posted: 14/07/2022
Demand for secured lending for house purchases in the UK increased in the three months to the end of May (Q2), research published by the Bank of England (BoE) has indicated
Posted: 14/07/2022
Mortgage Broker Tools (MBT) has integrated its MBT Affordability research platform with Generation Home
Posted: 13/07/2022
More than four out of five (82%) conveyancers have had to raise a post-offer query with a lender, new research published by the Conveyancing Association (CA) has revealed
Posted: 13/07/2022
MPowered Mortgages has announced new partnerships with Alexander Hall, LDNfinance and SPF Private Clients
Posted: 13/07/2022
Overseas homeowners are currently sitting on £90.7bn worth of property in England and Wales, research from Benham and Reeves has revealed
Posted: 12/07/2022
The number of lifetime mortgages sold to homeowners saw a 29% rise in March compared to the same month in 2021, Freedom of Information (FOI) data collected by Quilter has revealed
Posted: 12/07/2022
The number of over-45s who own a property outright has fallen in the last six years, new research from Aviva has highlighted
Posted: 07/07/2022
Twenty7Tec has reported a fall in residential mortgage searches for the month of June
Posted: 07/07/2022
Greg Clark has been appointed as the new Housing Secretary, the government has confirmed
Posted: 07/07/2022
Annual house price growth accelerated to 13.0% in June, according to the latest Halifax House Price Index
Posted: 07/07/2022
The proportion of disposable household income required to cover the average mortgage repayment is at 27.6% so far in 2022, new research has revealed, its highest level in a decade
Posted: 06/07/2022
Hampshire Trust Bank (HTB) has announced that it is relaunching short-term loan lender, HTB Syscap, following the acquisition of Wesleyan Bank in February
Posted: 05/07/2022
The Association of Mortgage Intermediaries (AMI) has announced that The Right Mortgage & Protection Network has joined the trade body
Posted: 05/07/2022
Lending in the second charge space totalled £150.9m in May 2022, according to the latest Secured Loan Index published by Loans Warehouse
Posted: 04/07/2022
The average price paid by first-time buyers over the last year has increased at the same level as those already on the property ladder, new research by Stipendium has revealed
Posted: 04/07/2022
The total figure for net borrowing of mortgage debt by individuals across the UK saw a rise to to £7.4bn in May, according to the Bank of England (BoE)
Posted: 01/07/2022
Average house prices were broadly unchanged in May after rising by just 0.1%, according to the latest Zoopla House Price Index
Posted: 01/07/2022
Brokers don’t believe enough is currently being done to attract new recruits to the mortgage advice industry, a study from Accord Mortgages has indicated
Posted: 01/07/2022
Annual house price growth slowed in June, dropping to 10.7% from 11.2% in May, according to the latest Nationwide House Price Index
Posted: 30/06/2022
Chorley Building Society has confirmed that it is joining the PRIMIS Mortgage Network lender panel
Posted: 29/06/2022
The proportion of new-build completions coming via the build-to-rent sector has grown in the last year to now account for over 7% of all new homes reaching the market, new research has indicated
Posted: 28/06/2022
The surge in house price growth through the pandemic has reduced housing affordability to the lowest level on record, new research by Halifax has revealed
Posted: 27/06/2022
Annual house price growth climbed to 12.4% in the year to April, according to the latest UK House Price Index published by the Office for National Statistics (ONS)
Posted: 22/06/2022
A spike in remortgage activity was recorded in May as borrowers looked to beat further interest rate rises, data from Legal & General Mortgage Club’s SmartrCriteria tool has suggested
Posted: 22/06/2022
Residential property transactions across the UK climbed by 1.6% in May compared to April, according to new HMRC estimates
Posted: 21/06/2022
The first-time buyer economy is set to reach a total value of £73.1bn by 2024, new research by Coventry for intermediaries in partnership with the Centre for Economics and Business Research (Cebr) has suggested
Posted: 21/06/2022
New mortgage firm, StrideUp, has announced plans to target the UK’s first-time buyer affordability crisis with a mortgage plan offering up to six and a half times income to prospective homeowners
Posted: 20/06/2022
The Bank of England (BoE) has confirmed that it will withdraw its mortgage affordability stress test
Posted: 20/06/2022
Broker satisfaction with UK mortgage lenders has levelled out for H1 2022, as the market prepares to respond to changing customer needs with the cost-of-living crisis
Posted: 20/06/2022
Proportunity has announced it is working on bringing the UK’s first zero deposit mortgage product to market later this year
Posted: 20/06/2022
The UK's later life lending market in the UK is worth up to £153.9bn, an AKG Financial Analytics research paper has estimated
Posted: 14/06/2022
MPowered Mortgages has announced the launch of a new range of cashback products, ahead of this week's Bank of England interest rate decision
Posted: 13/06/2022
UK homeowners have already released equity to the tune of £1.4bn so far in 2022, with this figure to hit almost £5.6bn by the end of the year, market analysis by mortgage broker, Henry Dannell, has revealed
Posted: 13/06/2022
Twelve per cent (1.5 million) of retirees say they had outstanding mortgage debt when they retired, according to new research published by LV=
Posted: 10/06/2022
Fourteen per cent of Canada Life’s equity release customers used their funds to support the cost of day-to-day living in Q1, over a third (36%) used equity release to clear and existing mortgage and a quarter of customers (25%) used equity release to fund home improvements
Posted: 10/06/2022
Prime minister Boris Johnson has confirmed plans which will allow homebuyers on lower wages to use housing benefit - currently amounting to £30m per year - towards their mortgage
Posted: 09/06/2022
One Mortgage System (OMS) has completed a full API integration with Pepper Money for its second charge business
Posted: 09/06/2022
The average stamp duty payment on buy-to-let homes has increased by £11,848 in England since 2016, new research by Revolution Brokers has revealed, and in some parts of the UK, buy-to-let stamp duty costs are now almost 1,000% higher than that paid by primary homebuyers
Posted: 09/06/2022
The average cost of buying a home rose by 1% in May, or £2,857, on the previous month, and has now risen for eleven consecutive months, according to the latest Halifax House Price Index
Posted: 08/06/2022
SimplyBiz Mortgages has announced the addition of Quantum Mortgages to its lender panel, with immediate effect
Posted: 07/06/2022
Annual house price growth slowed slightly during May, falling back to 11.2% from 12.1% in April, the latest Nationwide House Price Index has indicated
Posted: 01/06/2022
Broker searches for both self-employed clients and those with Visas remained robust in April, according to new data from Legal & General Mortgage Club’s SmartrCriteria tool
Posted: 31/05/2022
Net mortgage debt borrowed by individuals across the UK fell to £4.1bn in April, down from £6.4bn in March, new Bank of England (BoE) figures have revealed
Posted: 31/05/2022
MPowered Mortgages has been announced as the latest member to join the Intermediary Mortgage Lenders Association (IMLA)
Posted: 31/05/2022
Bridging applications and completions in Q1 2022 have fallen back from their record highs in Q4 2021, but remain strong compared to the long-term average, according to the latest data from the Association of Short Term Lenders (ASTL)
Posted: 30/05/2022
The number of first-time buyers in the UK has increased by nearly 100% in the last decade hitting a high of almost 410,000 in 2021, according to market analysis published by Stipendium
Posted: 30/05/2022
Newcastle Intermediaries has expanded its remortgage range with the addition of two new 60% LTV products
Posted: 27/05/2022
Specialist Hub has been appointed to the packager panel of Quantum Mortgages
Posted: 26/05/2022
The average mortgage repayment is now accounting for around a third of the average monthly income, new estimations from Octane Capital have indicated
Posted: 26/05/2022
Mortgage lending by building societies in the first three months of 2022 was on a par with lending in the same period last year, when the stamp duty holiday was in operation, new figures have indicated
Posted: 25/05/2022
Over a quarter (27%) of people who moved house in the height of the pandemic are now regretting their decision, according to online mortgage broker, Trussle
Posted: 25/05/2022
Older homeowners used equity release to unlock an average £111,500 in property wealth during the first three months of the year, new data published by Key Later Life Finance has revealed
Posted: 25/05/2022
Self-employed individuals are twice as likely to be rejected for a mortgage, new research from The Mortgage Lender (TML) has suggested
Posted: 25/05/2022
The monthly total of residential property transactions in the UK fell by 10.5% in April compared to March, new HMRC figures have revealed
Posted: 24/05/2022
A majority 52% of lenders, brokers and surveyors have suggested that down valuations are either “very or quite prevalent” in 2022, research from Countrywide Surveying Services (CSS) has indicated
Posted: 24/05/2022
The overall stock of outstanding interest-only mortgages fell by 15% in 2021 compared with the position at the end of 2020, figures published by UK Finance have revealed
Posted: 23/05/2022
The average price of property coming to market has hit a new record for the fourth consecutive month, rising to £367,501, according to the latest Rightmove House price Index
Posted: 23/05/2022
Tenet Compliance Services (TCS) has announced the launch of a new partnership with Legal & General Mortgage Club
Posted: 23/05/2022
Mortgage possession actions are slowly recovering from the impact of the pandemic, new government figures have indicated
Posted: 19/05/2022
Standard Life Home Finance has launched a new partnership with PRIMIS Mortgage Network
Posted: 19/05/2022
The average first-time buyer in the UK is spending £223,751 on their first property, according to new analysis from Direct Line Home Insurance
Posted: 18/05/2022
Annual house price growth in the UK dropped to 9.8% in the year to March, according to the latest UK House Price Index published by the Office for National Statistics (ONS)
Posted: 18/05/2022
The number of equity release products has almost trebled in the past year after hitting a new record high of 1,557 at the end of the first quarter, new data from Key Partnerships has revealed
Posted: 18/05/2022
TMA Club has announced the addition of Even to its broker panel
Posted: 18/05/2022
The annual rate of rental growth for new lets climbed to 11% the in the first quarter of the year, according to Zoopla’s latest UK rental Market Report
Posted: 17/05/2022
New business carried out in the consumer finance space jumped by 19% in March compared to the same month last year, figures published by the Finance & Leasing Association (FLA) have revealed
Posted: 16/05/2022
Mortgage customers over the age of 65 are finding it significantly harder to get the mortgage they want compared to younger borrowers, according to the Mortgage Broker Tools (MBT) Affordability Index
Posted: 16/05/2022
Annual house price growth covering England and Wales climbed to 10.4% in April, according to the latest e.surv Acadata House Price Index
Posted: 13/05/2022
Lending across the second charge space totalled £140.4m in April, figures reported directly to Loans Warehouse from second charge lenders have indicated
Posted: 13/05/2022
Total gross lending hit £156.8m in the UK bridging finance market during Q1 2022, new data published by Bridging Trends has shown
Posted: 12/05/2022
The “maximum age of the borrower” at the end of the term was the most common criteria search by mortgage brokers in the residential sector in April, Knowledge Bank’s latest criteria tracker results have shown
Posted: 12/05/2022
Energy price spikes in the UK are changing attitudes among homeowners towards making green improvements to their property, new research from NatWest and S&P Global has indicated
Posted: 11/05/2022
A total of 12,388 mortgages have been completed with the help of the government’s Mortgage Guarantee Scheme, new figures published by the Treasury have revealed
Posted: 11/05/2022
The average number of mortgages placed per year by intermediaries reduced slightly in Q1 2022 compared to the previous quarter
Posted: 11/05/2022
The Mortgage Industry Mental Health Charter (MIMHC) has launched a new mental health and wellbeing report to coincide with Mental Health Awareness Week 2022
Posted: 09/05/2022
The Right Mortgage & Protection Network has confirmed a new five-year commitment to Mortgage Brain
Posted: 09/05/2022
Broker searches for homeowners looking for joint borrower sole proprietor (JBSP) mortgages climbed by 17% in March, according to new research from Legal & General Mortgage Club’s SmartrCriteria tool
Posted: 06/05/2022
The average UK house price increased by 1.1% in April to record the tenth consecutive monthly rise, the latest Halifax House Price Index has revealed
Posted: 06/05/2022
Just Mortgages has announced that it brought in 50 new brokers to its self-employed division in the first three months of 2022
Posted: 05/05/2022
Upwards pressure on pricing has pushed 4.3 million homes into higher stamp duty brackets over the last two years, the latest Zoopla House Price Index has revealed
Posted: 04/05/2022
Seven in 10 (70%) first-time buyers looking to purchase in the next 12 to 24 months are delaying as the rising cost of living impacts their ability to save towards a deposit, according to a new study from Nationwide
Posted: 04/05/2022
Net borrowing of mortgage debt by individuals increased to £7.0bn in March, a figure up from £4.6bn in February, new Bank of England (BoE) figures have confirmed
Posted: 04/05/2022
MPowered Mortgages has announced its entry into the prime residential mortgage market after receiving relevant permissions from the FCA
Posted: 04/05/2022
Flexible long-term fixed rates could “dominate” the UK mortgage market in the future, mortgage lender Perenna has stated
Posted: 29/04/2022
The pace of annual house price growth across the UK slowed to 12.1% in April, according to the latest Nationwide House Price Index
Posted: 29/04/2022
The value of residential loans to individuals within the buy-to-let (BTL) sector has fallen by 8% since 2016, according to new research carried out by Octane Capital
Posted: 28/04/2022
Almost £800bn worth of equity was available for release in UK homes in the first quarter, analysis by Canada Life has revealed
Posted: 28/04/2022
Three of the UK’s largest mortgage distributors have announced a new collaboration, the Mortgage Climate Action Group
Posted: 27/04/2022
Average UK rents have increased for the sixth consecutive quarter, figures from the Deposit Protection Service (DPS) have indicated
Posted: 26/04/2022
A new record high of 23,395 equity release customers accessed the wealth in their property during the first quarter of the year, new figures published by the Equity Release Council have revealed
Posted: 26/04/2022
Second charge lenders have reported that lending across the second charge space totalled £155.5m in March, according to the latest Secured Loan Index published by Loans Warehouse
Posted: 26/04/2022
The Bridging Group has become the latest lender to join the Association of Short-Term Lenders (ASTL)
Posted: 26/04/2022
TMA Club has announced a new partnership with mortgage lender, Generation Home, as the mortgage club continues to expand its panel for brokers
Posted: 26/04/2022
The price of property coming to market has hit a new record high for the second consecutive month, with the national average now standing at £354,564
Posted: 25/04/2022
Impact Specialist Finance has been appointed to the Quantum Mortgages packager panel
Posted: 25/04/2022
The number of residential property transactions in the UK jumped by 18.2% in March compared to February’s total, new HMRC figures have revealed
Posted: 21/04/2022
The next generation of homeowners may be paying off their mortgages into retirement due to the increasing age of first-time buyers and buyers seeking longer-term mortgages, according to analysis from Trussle
Posted: 21/04/2022
Annual house price growth in Scotland accelerated to 8.2% in February, according to the latest Walker Fraser Steele Acadata House Price Index (Scotland).
Posted: 20/04/2022
Rental yields fell to 5.7% during the first quarter of 2022, down from 6.3% in the opening quarter last year, new figures published by Fleet Mortgages have revealed
Posted: 19/04/2022
The Intermediary Mortgage Lenders Association (IMLA) has announced that three building societies have joined as new members
Posted: 19/04/2022
Mortgage brokers are increasingly searching for “defaults” and “missed and late payments” as the cost of living crisis continues to impact borrowers, Knowledge Bank’s latest criteria tracker results have revealed
Posted: 14/04/2022
Annual UK house price growth increased to 10.9% in the year to February, a figure up from 10.2% in January
Posted: 13/04/2022
SimplyBiz has announced a new partnership with group life, income protection and critical illness provider, YuLife
Posted: 13/04/2022
A majority 54% of UK homeowners would consider opting for a specialist lender in their mortgage search, even if they had not come across the provider before, new research by Butterfield Mortgages has suggested
Posted: 12/04/2022
Mortgage intermediaries and support staff working within the mortgage sector are being encouraged to contribute to a mental wellbeing study by the Mortgage Industry Mental Health Charter (MIMHC)
Posted: 12/04/2022
Lifetime mortgage customers are entering the advice process without the legal safeguards to protect their wealth in later life, research published by Hub Financial Solutions has indicated
Posted: 12/04/2022
SimplyBiz Mortgages has announced a new partnership with The Landlord Works to provide its members with direct access to a portfolio landlord facing tool
Posted: 12/04/2022
West One Loans is the first lender to introduce a green second charge mortgage for landlords available on properties with an EPC rating between A-C
Posted: 11/04/2022
Poor credit scores have deterred one in 10 Brits from applying for a mortgage, according to new research by The Mortgage Lender (TML)
Posted: 11/04/2022
The average deposit for first-time buyers (FTBs) has soared by over 50% throughout the last decade, data published by Stipendium has revealed
Posted: 11/04/2022
Second charge lending has returned to pre-pandemic levels with 59% growth on the number of new agreements, according to latest figures published by the Finance & Leasing Association.
The number of new agreements rose to 2,660 and the value of new business was 70% higher at £119m compared to February 2021
Posted: 08/04/2022
The average UK house price reached a new record high of £282,753 in March 2022, according to the latest Halifax House Price Index, a month on month increase of 1.4% and £28,113 higher than this time last year
Posted: 07/04/2022
The government’s stamp duty holiday drove thousands to opt for marathon mortgages, new freedom of information data from the FCA gathered by Quilter has revealed
Posted: 07/04/2022
Remortgaging activity spiked in February, as searches for homeowners wanting to remortgage after just six months climbed by 30%, according to new research from Legal & General Mortgage Club’s SmartrCriteria tool
Posted: 07/04/2022
Equity release payments in the UK increased by almost £1bn in 2021, research from debt advisory firm, Henry Dannell, has found
Posted: 06/04/2022
Twenty7Tec has reported the largest month-on-month rise in mortgage searches in March since the same month last year
Posted: 06/04/2022
Mortgage brokers are calling on lenders to take a more “affordability-driven approach” to product development, new research from Mortgage Broker Tools (MBT) has indicated
Posted: 05/04/2022
The Mortgage Industry Mental Health Charter (MIMHC) has revealed plans to target more than 200 signatories by the end of 2022
Posted: 04/04/2022
Around £1m was added to the value of the total UK housing stock every minute in 2021, according to a new report published by the Equity Release Council.
Last year saw the UK’s property wealth reach a record £5.2trn
Posted: 04/04/2022
City Mortgage Solutions (CMS) has entered into a partnership with SimplyBiz Mortgages and its wider group
Posted: 01/04/2022
The pace of annual house price growth has accelerated to 14.3% in March, according to the latest Nationwide House Price Index
Posted: 31/03/2022
e.surv has been appointed by Danske Bank UK to provide valuation services as the bank expands its mortgage lending operations to the UK market
Posted: 31/03/2022
Around two in five (38%) homebuyers across the UK have experienced a property purchase fall through due to mortgage delays, a new study by Butterfield Mortgages has indicated
Posted: 29/03/2022
Annual UK house price growth slowed to 8.1% in February down from 8.4% in January, according to the latest Zoopla House Price Index
Posted: 29/03/2022
Mortgage approvals for house purchase fell to 71,000 in February, down from 73,800 in January, new figures published by the Bank of England (BoE) have revealed
Posted: 29/03/2022
United Trust Bank has announced the appointment of a new head of buy-to-let (BTL) as the firm prepares to launch a new set of products into the BTL sector
Posted: 28/03/2022
Around seven in 10 brokers (69%) operating in the specialist lending space think the “race for space” is not yet over, according to a poll undertaken by TAB
Posted: 28/03/2022
Green product choice in the buy-to-let (BTL) mortgage sector has risen to its highest level, research from Mortgages For Business has revealed
Posted: 28/03/2022
Shared equity loan provider, Proportunity, has announced a new partnership with Knowledge Bank, to make its products available on the criteria search platform for brokers
Posted: 28/03/2022
Seconds activity among prime borrowers has grown again, according to Evolution Money’s latest quarterly data tracker
Posted: 24/03/2022
The earnings of the average tenant sit below the rental affordability threshold in five of the nation’s nine regions, research by rental portal Rentd has found
Posted: 24/03/2022
Average UK house prices increased by 9.6% in the year to January 2022, according to the latest UK House Price Index published by the Office for National Statistics (ONS)
Posted: 23/03/2022
A total 96,250 residential property transactions were recorded across the UK during February, according to the latest figures published by HMRC
Posted: 22/03/2022
SimplyBiz Mortgages has doubled the size of its ‘Specialist Property Finance Club’ lender panel over the last 12 months to now feature 20 lenders
Posted: 22/03/2022
Almost half of brokers operating in the specialist lending space think development finance is now “hotter” than the bridging loan market, according to a poll of intermediaries carried out by TAB
Posted: 21/03/2022
The average price of property coming to the housing market climbed by 2.3% in February to a record of £348,804, the latest Rightmove House Price Index has revealed
Posted: 21/03/2022
The monthly housing costs for first-time buyers are now 13% lower than the cost of renting an equivalent home, analysis by Halifax has revealed, a figure that equates to £115
Posted: 21/03/2022
Mortgage applications for self-employed clients and contractors are the hardest to place, research by cherryplc.co.uk, has found
Posted: 18/03/2022
The Scottish housing market grew by 1.2% in January this year, the highest rate of monthly growth since August
Posted: 17/03/2022
Just 18% of people think that now is a good time to buy a property, research published by the Building Societies Association (BSA) has indicated
Posted: 17/03/2022
Seven out of 10 portfolio landlords (70%) are expecting to remortgage or consolidate loans over the next 12 months, new research from CHL Mortgages has indicated
Posted: 17/03/2022
The easing of pandemic restrictions has prompted a rise in lifetime mortgage customers using their property wealth to fund lifestyle-focused spending, analysis from Legal & General Home Finance has suggested
Posted: 16/03/2022
Lenders in the second charge space have reported that February saw a £27m climb in total lending to £138.4m, the latest Secured Loan Index from Loans Warehouse has revealed
Posted: 16/03/2022
LiveMore Capital has announced it is entering the Scottish market to provide alternative mortgage solutions for borrowers hit by inflation, interest rates and costs of living
Posted: 15/03/2022
Digital mortgage lending platform, Molo Finance, has announced the launch of its first residential product, backed by a funding arrangement with specialist pensions insurer, Rothesay
Posted: 15/03/2022
Around nine in 10 brokers would say they have recommended a lender that they did not initially consider on the basis of affordability
Posted: 14/03/2022
COVID has pushed the average age of a first-time buyer up by almost two years, analysis by GetAgent has indicated
Posted: 14/03/2022
Upcoming energy efficiency changes for buy-to-let (BTL) landlords to consider on their properties could prove to be a “danger coming down the track”, SimplyBiz Mortgages has warned
Posted: 11/03/2022
February saw the average house price across England and Wales climb by 1.5% to reach a new record of £361,767
Posted: 10/03/2022
Mortgage brokers are currently working with numerous borrowers who have recently started new jobs, analysis from Knowledge Bank has indicated
Posted: 10/03/2022
Mortgage Brain has announced that Market Financial Solutions (MFS) has gone live on its Criteria Brain platform to improve access to loans for complex clients
Posted: 10/03/2022
An estimated £426m worth of property across England and Wales has been repossessed in the last 12 months, analysis from HBB Solutions has indicated
Posted: 09/03/2022
The outstanding value of all residential mortgage loans at the end of Q4 2021 was £1,613.4bn, a figure 4.7% higher than the year before
Posted: 08/03/2022
Over four in five brokers (86%) would say that mortgage affordability is “more complex than ever”, according to research by Mortgage Broker Tools (MBT)
Posted: 07/03/2022
Annual house price growth climbed to 10.8% in February, its strongest level since June 2007, according to the latest Halifax House Price Index
Posted: 07/03/2022
A large number of mortgage brokers are expecting to place a second charge for the first time during 2022, new research published by Central Trust has indicated
Posted: 07/03/2022
UK house prices climbed by 7.8% in the year to January, the latest Zoopla House Price Index has revealed, taking the average house price to £244,100
Posted: 04/03/2022
Three out of 10 buy-to-let landlords (30%) are still unaware of government proposals that all rental properties must have an Energy Performance Certificate (EPC) rating of A, B or C, a new study has indicated
Posted: 03/03/2022
Mortgage Broker, The Mortgage Brain (TMB), has announced a partnership with shared equity loan provider, Proportunity, to help borrowers with small deposits become homeowners
Posted: 03/03/2022
Lenders must prioritise product development over the next year for the mortgage market to adapt to the longer-term impacts of the pandemic, SimplyBiz Mortgages has stated
Posted: 02/03/2022
Annual house price growth accelerated to 12.6% in February, the latest Nationwide House Price Index has revealed
Posted: 02/03/2022
Over a quarter of homeowners (26%) are now more likely to consider purchasing a new-build property compared to before the pandemic, new research from FJP Investment has indicated
Posted: 02/03/2022
Mortgage Brain has announced that it has acquired Mortgage Engine
Posted: 02/03/2022
Net borrowing of mortgage debt by individuals climbed to £5.9bn in January, up from £4bn in December
Posted: 01/03/2022
Completions and applications in the bridging lending sector both reached record highs in the last quarter of 2021, new data published by the Association of Short-Term Lenders (ASTL) has revealed
Posted: 01/03/2022
Overall mortgage search volumes by advisers increased by almost 80% in January, new analysis from Legal & General Mortgage Club has revealed
Posted: 01/03/2022
The Bank of England (BoE) has announced that its Financial Policy Committee (FPC) is to move forward with a consultation on withdrawing its affordability stress test for mortgage applications
Posted: 28/02/2022
Buy-to-let (BTL) affordability has jumped to its highest level on record, according to the latest Mortgage Broker Tools (MBT) Affordability Index
Posted: 28/02/2022
A majority 55% of brokers have indicated they regularly come across difficulties when trying to find a solution for first-time landlords, research by Mercantile Trust has suggested
Posted: 28/02/2022
The Intermediary Mortgage Lenders Association (IMLA) has announced that Gallagher Re will join the trade body as an associate member
Posted: 28/02/2022
More than a third (34%) of potential home buyers could see their mortgage application rejected this year due to “adverse credit histories”, new research by The Mortgage Lender (TML) has indicated
Posted: 24/02/2022
TMA Club has announced the addition of The Loan Partnership to its panel
Posted: 24/02/2022
SimplyBiz Mortgages has announced a new partnership with Generation Home
Posted: 24/02/2022
A new independent low deposit mortgage intermediary, Home me, has announced its launch to the UK mortgage market
Posted: 23/02/2022
January saw a 12.6% annual fall in the number of residential property transactions carried out in the UK, new HMRC estimates have indicated
Posted: 22/02/2022
Buy-to-let (BTL) portfolio landlords are more likely to be aware of the government’s proposed Energy Performance Certificate (EPC) requirements than non-portfolio landlords, new research from Landbay has indicated
Posted: 22/02/2022
The average price of property entering the housing market climbed by 0.3% in January, according to the latest Rightmove House Price Index
Posted: 21/02/2022
The majority of lenders see the work of advisers as “essential” to helping non-standard borrowers to find the right mortgage for their needs, new research published by the Intermediary Mortgage Lenders Association (IMLA) has indicated
Posted: 21/02/2022
A total of 6,535 mortgages were completed with the support of the government’s mortgage guarantee scheme in the period between its launch in April last year and September, new Treasury figures have revealed
Posted: 17/02/2022
PRIMIS Mortgage Network has reported that its product desk saw a large proportion of queries relating to mortgages for those with adverse credit during January
Posted: 17/02/2022
Borrowers are turning to second charge mortgages to help alleviate financial issues, new analysis by Knowledge Bank has indicated
Posted: 16/02/2022
The average UK house price climbed by 10.8% over the year to December 2021, the latest UK House Price Index published by the Office for National Statistics (ONS) has revealed
Posted: 16/02/2022
Completion volumes across the remortgage market increased through 2021, new analysis by LMS has indicated, as the industry capacity continued to grow last year
Posted: 15/02/2022
The number of cases processed by mortgage advisers in the 12 months to Q4 2021 was higher than at any other point since 2015, a new report published by the Intermediary Mortgage Lenders Association (IMLA) has revealed
Posted: 15/02/2022
Mortgage and protection adviser, Affinity Mortgages, has been added to Proportunity’s panel of brokers
Posted: 15/02/2022
Recognise Bank has agreed a multi-million pound “loan on loan” partnership with bridging loan provider, Reflex Bridging
Posted: 14/02/2022
The number of customers in arrears with their mortgages fell slightly in the fourth quarter of 2021, new UK Finance figures have revealed
Posted: 11/02/2022
The mortgage market is set for another busy year in 2022 despite rising bank rates and the absence of stamp duty holidays, two figures from the mortgage industry have predicted
Posted: 11/02/2022
The housing market saw an increase in buyer enquiries during January, the latest RICS UK Residential Survey has indicated
Posted: 10/02/2022
The West Midlands is currently the region with the highest annual house price growth across England and Wales, the latest e.surv Acadata House Price Index has revealed
Posted: 10/02/2022
The average monthly rent across the UK has climbed to a new record high of £969, new figures published by Zoopla have revealed
Posted: 09/02/2022
The UK’s first-time buyers accounted for £86.1bn worth of property market value in 2021, new analysis from GetAgent has revealed
Posted: 08/02/2022
CHL Mortgages has announced that it has been added to the lending panel of Brilliant Solutions
Posted: 08/02/2022
The average UK house price edged up to a new record high of £276,759 in January, according to the latest Halifax House Price Index
Posted: 07/02/2022
Twenty7Tec has reported that January marked the busiest ever month on its platform, with more than 1.4 million mortgage searches conducted by advisers
Posted: 04/02/2022
Borrowers could save almost £5,000 on their mortgage payments by switching to a new fixed rate two-year offer, analysis by Experian and L&C Mortgages has suggested
Posted: 04/02/2022
The Mortgage Industry Mental Health Charter (MIMHC) is encouraging industry businesses to participate in the UK’s ‘Time to Talk Day’
Posted: 03/02/2022
Mortgage brokers are expecting to write more specialist residential mortgage business this year than ever before, research from Norton Home Loans has indicated
Posted: 03/02/2022
Mortgage applications in London now account for 14% of all applications across the UK, a level not seen since December 2019, new analysis by Trussle has found
Posted: 02/02/2022
Around one in five adults (18%) across the UK are planning to buy a property in 2022, new research from Market Financial Solutions (MFS) has revealed
Posted: 01/02/2022
Annual house price growth accelerated to 11.2% in January, the highest level for the opening month of a year since 2005, the latest Nationwide House Price Index has revealed
Posted: 01/02/2022
More than three in five residential property professionals (62%) don’t believe that Energy Performance Certificates (EPCs) are the most suitable method to help reduce emissions in homes, research from Countrywide Surveying Services has indicated
Posted: 01/02/2022
Almost half (46%) of equity release applications in 2021 were from customers looking to clear the remainder of their mortgage, new research from Canada Life has found
Posted: 31/01/2022
Heightened activity in the UK housing market has been driven by a surge in buyer demand for detached properties during the pandemic, new research published by Halifax has suggested
Posted: 28/01/2022
The high volume of activity across the housing market following a record year for property sales is currently eroding supply, Zoopla has warned
Posted: 27/01/2022
Organisations from across the legal, property, and mortgage sectors have called on Michael Gove, to implement measures previously announced by the government which would improve the lives of many leaseholders
Posted: 27/01/2022
The average UK homebuyer is still being priced out of the market unless they are purchasing with a partner, research published by Henry Dannell has suggested
Posted: 26/01/2022
Air Group has revealed that over £1bn of later life lending was placed through its Air Club distribution business in 2021
Posted: 26/01/2022
Lending across the equity release market totalled £4.8bn in 2021, representing a 24% climb from 2020, new figures published by the Equity Release Council have revealed
Posted: 25/01/2022
The Intermediary Mortgage Lenders Association (IMLA) has announced Danske Bank UK as the latest member to join the trade body
Posted: 25/01/2022
PRIMIS Mortgage Network has announced the addition of Vernon Building Society to its lender panel
Posted: 24/01/2022
First-time buyer numbers increased at a record rate of 35% last year, according to new analysis from Halifax