Loughborough Building Society has made a new enhancement to its lending in retirement proposition by moving to assess income at 4.5 times up to the applicant’s retirement age, an increase from its previous 3.5 times income assessment. If the mortgage is deemed affordable based on a 4.5 times pension income ratio at the time of retirement, and it extends beyond the age of 80, the applicant will remain eligible for the society’s lending in retirement products.
Zephyr Homeloans has announced that it is reducing its two and five-year fixed rate deals on properties up to 75% LTV, by 0.15 and 0.10 basis points (bps) respectively. The lender said that for properties with an A to C-rated energy performance certificate (EPC), it will offer 3.44% on a two-year fixed rate, and 4.59% on a five-year fixed rate.
United Trust Bank has announced a raft of interest rate reductions across its range of unregulated and regulated bridging finance products. The lender’s regulated bridging interest rates are now available from 0.64% per month, while unregulated bridging interest rates are now available from 0.72% per month.
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NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
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