MORTGAGES


There are 1331 articles for the MORTGAGES category

September saw the number of residential property transactions in the UK climb by 59.7% from August’s total, according to figures published by HMRC. The provisional non-seasonally adjusted estimate hit 165,720 transactions for the month, a figure that was also 67.3% higher than September 2020
Posted: 21/10/2021
The average UK house price increased by 10.6% over the year to August, a figure up from 8.5% annual growth in July, new figures from the Office for National Statistics (ONS) have revealed
Posted: 20/10/2021
Mortgage affordability hit a 2021 high in September, with the average maximum loan size available up by nearly 10% compared to the start of the year, new findings from Mortgage Broker Tools (MBT) have revealed
Posted: 20/10/2021
Over-65s have seen their property wealth increase by more than £800 a month in the past six months, according to new research from Key
Posted: 20/10/2021
There are currently around 900 lenders in the UK covering an array of finance options, according to research by Pitch 4 Finance
Posted: 19/10/2021
Paradigm Mortgage Services has added Dudley Building Society to its lender panel
Posted: 19/10/2021
Demand for capital raising mortgage options remained high through August and September, according to new data from Legal & General Mortgage Club’s SmartrCriteria tool
Posted: 15/10/2021
Specialist Hub has announced the launch of its packaging service to the market
Posted: 15/10/2021
Rents on detached homes increased twice as fast as the average for all UK properties during the third quarter, according to The Deposit Protection Service (The DPS)
Posted: 14/10/2021
Rental yields across England and Wales saw a 0.7% rise in Q3 compared to Q2, according to new data from Fleet Mortgages
Posted: 13/10/2021
Rising house prices have pushed back the time to purchase a home for first-time buyers by more than five years, according to new analysis from Wayhome
Posted: 13/10/2021
Annual house price growth across homes in England and Wales has now slowed to 3.6%, according to the latest e.surv Acadata House Price Index
Posted: 12/10/2021
Mortgage application volumes climbed by 17% in September this year in comparison to figures from September 2019, before the stamp duty holiday was in effect
Posted: 11/10/2021
Seven businesses from the mortgage industry have joined together to launch the Mortgage Industry Mental Health Charter (MIMHC)
Posted: 11/10/2021
UK house prices climbed by 1.7% in September as the stamp duty holiday drew to a close
Posted: 07/10/2021
CHL Mortgages has announced a new partnership with Mortgage Intelligence
Posted: 06/10/2021
Twenty7Tec has suggested the mortgage market is returning to its “long-term norm”, after reporting a climb in remortgage searches across the mortgage market in September
Posted: 05/10/2021
Nationwide has become the first major lender to sign up to the ‘Deposit Unlock’ mortgage indemnity scheme
Posted: 04/10/2021
eConveyancer has launched a new panel management partnership with specialist mortgage broker, Haysto
Posted: 04/10/2021
Annual house price growth has eased back to 10.0% in September, according to the latest Nationwide House Price Index
Posted: 30/09/2021
Individuals across the UK borrowed a net £5.3bn of mortgage debt in August, new figures published by the Bank of England (BoE) have revealed
Posted: 29/09/2021
Just Mortgages has announced it is to bring 120 new brokers into the mortgage industry over the next 12 months
Posted: 28/09/2021
Homes with the highest energy ratings are worth up to £40,000 more on average compared to less sustainable properties, new research from Halifax has revealed
Posted: 27/09/2021
Total mortgage capital repayments have risen by 20% year-on-year to take the total amount of debt repaid in the first half of 2021 to £38bn, a new report from the Equity Release Council has revealed
Posted: 24/09/2021
The amount of time to sell a home across England increased by over two weeks during the first half of this year and in the run-up to the initial stamp duty deadline, new research from GetAgent has revealed
Posted: 23/09/2021
Two thirds of UK landlords allowed flexibility on rental payments during the pandemic, although the majority are planning to increase rents in the coming year, new research from Market Financial Solutions (MFS) has found
Posted: 22/09/2021
Lending across the second charge market totalled £95.6m in August, new figures published by Loans Warehouse have revealed
Posted: 22/09/2021
Mortgage brokers are losing out on more than £35m worth of procurement fee income each year as a result of missing out on the best affordability options for their clients
Posted: 22/09/2021
August saw a 20.8% annual rise in the number of residential property transactions, new HMRC figures have revealed
Posted: 21/09/2021
Broker queries relating to adverse credit dominated PRIMIS Mortgage Network’s product desk during August
Posted: 21/09/2021
The national average price of property coming to market has reached a new all-time high after rising by 0.3% this month, new data from Rightmove has revealed
Posted: 20/09/2021
UK Finance and the Building Societies Association (BSA) are calling for changes to be made to the Support for Mortgage Interest (SMI) scheme, to help struggling homeowners as the furlough scheme draws to a close
Posted: 17/09/2021
Whole of market mortgage research has become more vital as rising property prices present fewer affordable loan options, research from Mortgage Broker Tools has suggested
Posted: 17/09/2021
The stamp duty holiday has increased the price of a first-time buyer home by an average 11.7% in England, according to new research published by GetAgent
Posted: 16/09/2021
Average house prices in Scotland reached a new record level during July, the latest Walker Fraser Steele Acadata House Price Index (Scotland) has revealed
Posted: 15/09/2021
Annual UK house price growth slowed to 8.0% in July, according to the latest Office for National Statistics (ONS) House Price Index
Posted: 15/09/2021
Trussle has announced a new “mortgage speed promise” to its customers that will see advice offered within 24 hours, and a mortgage decision within five days
Posted: 14/09/2021
The outstanding value of all residential mortgage loans across the UK has risen by 4.6% in the last year, new figures published by the Bank of England (BoE) have revealed
Posted: 14/09/2021
The remortgage market experienced an “overwhelmingly healthy” second quarter, according to new research published by LMS
Posted: 14/09/2021
The three months to the end of August have seen a rise in the volume of second charge mortgage lending to borrowers with prime credit ratings, according to new research published by Evolution Money
Posted: 13/09/2021
Guardian Financial Services has announced it is joining Mortgage Intelligence’s protection panel
Posted: 09/09/2021
Property agents reported another fall in new homes being listed on the market during August as well as a drop in sales, as the stamp duty holiday continues to be tapered out
Posted: 09/09/2021
House prices across England and Wales saw a 1.4% monthly drop in August, according to the latest e.surv Acadata House Price Index
Posted: 08/09/2021
A significant number of borrowers may end up paying their mortgage into retirement as rising house prices cause them to elongate their mortgage terms, according to new research from Knowledge Bank
Posted: 08/09/2021
The average borrowed amount by those with mortgages has “soared” during the pandemic, according to research by Trussle
Posted: 08/09/2021
The proportion of property transactions accounted for by the new-build sector hit its lowest level in a decade in 2020, research from Warwick Estates has found
Posted: 08/09/2021
The pace of annual house price growth slowed to 7.1% in August, according to the latest Halifax House Price Index
Posted: 07/09/2021
Four out of five (81%) homebuyers are confident they won’t see a drop in the value of their home despite the looming final stamp duty deadline, according to a study from Barrows and Forrester
Posted: 06/09/2021
Just 15% of working age people believe that the government’s mortgage guarantee scheme could apply to them, a new study has revealed
Posted: 06/09/2021
VIBE Specialist Finance has launched a new regulated mortgage and protection division to complement its existing specialist finance arm
Posted: 06/09/2021
The second quarter of 2021 saw the highest quarterly levels of homeowner purchase activity in 13 years, according to a new report published by UK Finance
Posted: 02/09/2021
Annual house price growth jumped to 11.0% in August from 10.5% in July, the latest Nationwide House Price Index has revealed
Posted: 01/09/2021
Over-55s taking advantage of the stamp duty holiday have driven a 116% year-on-year increase in the number of people using equity release for property purchase, according to new data from more2life
Posted: 01/09/2021
Almost 400,000 UK property transactions have been down valued in the last year alone, new estimates from Benham and Reeves have revealed
Posted: 31/08/2021
Individuals repaid £1.4bn of mortgage debt on net in July following a record net borrowing in June of £17.7bn, new figures published by the Bank of England (BoE) have revealed
Posted: 31/08/2021
Specialist equity release and lifetime mortgage broker, KIS Finance, has seen enquiries for equity release increase by 110% when comparing the first half of 2019 to the first half of 2021
Posted: 27/08/2021
Foundation Home Loans has announced a full re-release of its entire buy-to-let product range with fees reduced by up to a full 1% at the same time as rate reductions of up to 0.25%, plus the introduction of a new short-term-let product with a flat fee
Posted: 26/08/2021
Masthaven Bank has announced a number of rate cuts on its residential first charge range to help support UK borrowers and brokers
Posted: 26/08/2021
Almost two thirds (64%) of first time buyers have a second source of income to help them save for a deposit, with this figure rising to 85% in London, a new survey from Ipswich Building Society has revealed
Posted: 25/08/2021
Accord Mortgages is changing the tax thresholds used when applying the relevant interest coverage ratio (ICR) to buy-to-let applications
Posted: 25/08/2021
F4B Network has announced the addition of Precise Mortgages to its lending panel
Posted: 24/08/2021
July saw a monthly fall of 62.8% in the number of residential property transactions across the UK, new HMRC figures have revealed
Posted: 24/08/2021
The role of the stamp duty holiday in the rise in UK house prices across the last year has been “overstated”, according to research published by Resolution Foundation
Posted: 24/08/2021
CHL Mortgages has announced that it has added its criteria to the Knowledge Bank platform
Posted: 24/08/2021
Instructions for remortgages across the UK climbed by 27% in July, according to new data published by LMS
Posted: 23/08/2021
One quarter (25%) of young people in Scotland say that a lack of knowledge is a key barrier to homeownership, a new Bank of Scotland study has found
Posted: 18/08/2021
Homebuyers could end up £326,000 wealthier over a 30-year period than people who rent, without even considering potential house price growth, a new report published by the Equity Release Council (ERC) has revealed.
Posted: 18/08/2021
The average UK house price increased by 13.2% over the year to June, new data published by the Office for National Statistics (ONS)
Posted: 18/08/2021
Sixty-four per cent of brokers are expected to adopt a hybrid approach of remote and face-to-face working after the lifting of pandemic restrictions, a study from TMA Club has found
Posted: 18/08/2021
There has been a sharp increase in the number of mortgage sales with a term of more than 35 years at the beginning of 2021, according to data gathered by Quilter
Posted: 17/08/2021
Scottish house prices have fallen by £4,000 since a peak in March according to data from Walker Fraser Steele, which suggested the ending of the Land and Buildings Transaction Tax (LBTT) holiday can now be seen in the average prices
Posted: 17/08/2021
CHL Mortgages has announced the addition of The Business Mortgage Company (TBMC) to its distribution panel
Posted: 17/08/2021
A third of self-employed homeowners have increased their unsecured debts while a quarter have deferred mortgage payments to prop up their finances during the pandemic, according to new research by The Mortgage Lender (TML)
Posted: 16/08/2021
Broker searches for furlough friendly mortgage criteria continued to fall month-on-month between June and July, after data from Legal & General Mortgage Club’s SmartrCriteria tool showed a -18% drop
Posted: 16/08/2021
The number of landlords intending to release equity from their existing portfolios has seen a significant increase, new research from BVA BDRC has found
Posted: 16/08/2021
A total of 15,341 properties were bought using Help to Buy loans between 1 January and 31 March this year, a 61% increase on the same period in 2020
Posted: 13/08/2021
Air Group has reported a “drop-off” in the scores for its equity release provider Temperature Check report, which allows smaller advisers to provide feedback on providers’ service levels
Posted: 13/08/2021
PRIMIS Mortgage Network has reported that its product desk supported appointed representative (AR) advisers with 2,123 queries in July, a 10% increase on the same month last year
Posted: 13/08/2021
The number of new buyer enquiries slowed in July as the stamp duty holiday started to taper off, data from RICS has revealed
Posted: 13/08/2021
Total mortgage arrears remain close to historically low levels due to the effects of payment deferrals and other tailored COVID-19 related support, new data published by UK Finance has revealed
Posted: 12/08/2021
Asking prices across several areas of the property market tumbled in the wake of the initial stamp duty holiday deadline at the end of June, according to new research from GetAgent
Posted: 11/08/2021
June saw a rise in mortgage brokers carrying out criteria searches for “maximum LTV”, new analysis from Knowledge Bank has revealed
Posted: 10/08/2021
Average adviser business volumes reached new highs in the second quarter of 2021, according to findings published by the Intermediary Mortgage Lenders Association (IMLA)
Posted: 10/08/2021
The average UK property price is now £261,221, up 0.4% in July compared to June’s figure, according to the latest Halifax House Price Index
Posted: 06/08/2021
Ipswich Building Society has announced that it will allow more flexibility for older borrowers when assessing SIPP/pension funds in affordability calculations for over-55s
Posted: 05/08/2021
The pandemic has shifted the priorities of customers when it comes to looking for a mortgage lender, according to a new study from Masthaven Bank
Posted: 05/08/2021
The construction supply chain struggled to keep pace with increasing new housing and infrastructure across the UK in the second quarter, according to data from RICS
Posted: 05/08/2021
Over two-thirds of property professionals (71%) believe that valuers should reflect the Energy Performance Certificate (EPC) rating in value, depending on a property’s EPC rating, new research has found
Posted: 04/08/2021
One Mortgage System (OMS) has completed a full integration with lender, Selina Finance
Posted: 04/08/2021
JLM Mortgage Services has announced the launch of a campaign by its appointed representative (AR) firm, Greenacre Financial Services, to help more deaf and hard of hearing people secure mortgage advice
Posted: 03/08/2021
Instructions across the remortgage market rose by 16% in June, according to new data published by LMS
Posted: 03/08/2021
Ninety-four per cent of financial advisers are confident about the outlook for the equity release market over the next year, while less than three-quarters (71%) feel the same about the residential property market
Posted: 02/08/2021
The end of the mortgage payment holidays scheme this weekend could lead to a surge in customers in need of specialist support or more tailored lending over the next year, according to Masthaven Bank
Posted: 30/07/2021
The number of exchanges between clients and conveyancing solicitors spiked last month as the rush to meet the stamp duty holiday increased communications pressures on the industry
Posted: 30/07/2021
PRIMIS Mortgage Network has reported that its product desk supported appointed representative (AR) advisers with 2,275 queries in June
Posted: 30/07/2021
The Nottingham has reported a profit after tax of £4.9m for the first half of 2021
Posted: 29/07/2021
Net mortgage borrowing hit a record £17.9bn in June, new figures published by the Bank of England (BoE) have revealed
Posted: 29/07/2021
Annual house price growth has remained in double digits during July but slipped back to 10.5%, according to the latest Nationwide House Price Index
Posted: 28/07/2021
Paradigm Mortgage Services has announced the addition of Hampshire Trust Bank (HTB) to its lender panel
Posted: 28/07/2021
CHL Mortgages has become a patron of the National Association of Commercial Finance Brokers (NACFB)
Posted: 27/07/2021
The Intermediary Mortgage Lenders Association (IMLA) has predicted a rise in gross mortgage lending to £285bn in 2021, according to the trade body’s latest report
Posted: 26/07/2021
Newcastle Building Society has announced the launch of its 95% LTV mortgages range which will be available under the government’s First Homes scheme
Posted: 23/07/2021
Darlington Intermediaries has joined the lender panel of Brilliant Solutions mortgage club
Posted: 23/07/2021
Ipswich Building Society has announced that it has been added to the PRIMIS Mortgage Network lender panel
Posted: 22/07/2021
Brokers would consider complex buy-to-let (BTL) lenders to be the most flexible with mortgage applications compared to any other mortgage sector, a new study from Smart Money People has revealed
Posted: 22/07/2021
June saw a 74.1% monthly increase in residential property transactions across the UK, according to new HMRC data
Posted: 21/07/2021
Paradigm Mortgage Services has confirmed a new partnership with digital mortgage lender, Molo Finance
Posted: 21/07/2021
Sesame Bankhall Group (SBG) has announced the addition of United Trust Bank (UTB) to PMS Mortgage Club and Sesame Network’s lender panels
Posted: 21/07/2021
Seventy-eight per cent of first-time buyers have said they would be likely to use a broker to help them arrange their first mortgage, new research from Yorkshire Building Society has revealed
Posted: 20/07/2021
The busiest first half of a year ever recorded in the UK property market has pushed the average price of property coming to market to a new record high for the fourth consecutive month, new data from Rightmove has revealed
Posted: 19/07/2021
Confidence among mortgage brokers has increased since the start of 2021, according to new research from Masthaven Bank
Posted: 19/07/2021
Older homeowners have received £1.94bn in property wealth in the first half of the year as the equity release market continued its lockdown recovery, new data from Key has revealed
Posted: 16/07/2021
CHL Mortgages has announced a new partnership with Mortgage Advice Bureau (MAB) to expand its distribution
Posted: 16/07/2021
The average house price in Scotland fell by 0.1% in May, according to the latest Walker Fraser Steele Acadata House Price Index (Scotland)
Posted: 15/07/2021
The second charge lending market has now hit pre-pandemic levels of lending and surpassed the £100m barrier, according to the latest Secured Loan Index from Loans Warehouse
Posted: 15/07/2021
As the countdown begins to the end of the stamp duty holiday on 30 September there are currently 41 buy-to-let (BTL) mortgages on the market at the record low rate of 1.5% or below, new research from Property Master has revealed
Posted: 14/07/2021
The average UK house price increased by 10.0% over the year to May, according to the latest UK House Price Index published by the Office for National Statistics (ONS)
Posted: 14/07/2021
The Association of Mortgage Intermediaries (AMI) has launched a broker survey looking at diversity, equity and inclusion within the mortgage sector
Posted: 13/07/2021
UK Finance has announced that seven mortgage lenders are to cover the cost of making existing EWS1 forms publicly available through the Fire Industry Association (FIA) Building Safety Information Portal
Posted: 12/07/2021
Brunel Mortgages has appointed One Mortgage System (OMS) as its preferred tech provider
Posted: 12/07/2021
House prices across England and Wales grew by 0.8% in June, according to the latest e.surv House Price Index
Posted: 09/07/2021
Fewer lenders have been able to provide the loan size requested by borrowers over the last six months, research from Mortgage Broker Tools (MBT) has revealed
Posted: 09/07/2021
Knowledge Bank has reported an increase in the number of mortgage brokers searching for “time in current employment” for both residential and second charge mortgages
Posted: 08/07/2021
The UK’s housing market suffered a third consecutive monthly fall in the number of new properties coming onto the market in June, according to the latest Residential Market Survey published by the Royal Institution of Chartered Surveyors (RICS)
Posted: 08/07/2021
An additional 804 mortgage products came onto the market in June, resulting in a total figure up 6.6% on May, new data published by Twenty7Tec has revealed
Posted: 07/07/2021
The average UK house price dropped by 0.5% in June, the first monthly dip since January, according to the latest Halifax House Price Index
Posted: 07/07/2021
Interest from homebuyers in London’s £2m+ market climbed by 4% during the second quarter of 2021, compared to the first three months of the year
Posted: 06/07/2021
Three in ten (30%) prospective first-time buyers have paused plans to purchase their first property as a result of COVID-19, a new study has revealed
Posted: 06/07/2021
The Financial Intermediary and Broker Association (FIBA), part of SimplyBiz, has announced that its members will now have access to TFG Capital’s full proposition, as it becomes the latest lender partner to join the trade body
Posted: 06/07/2021
Remortgage instruction volumes climbed by 9.7% in May, according to new data published by LMS
Posted: 05/07/2021
Just Mortgages has announced that it recruited 37 new brokers in June
Posted: 01/07/2021
Six out of 10 homeowners aged over 55 say they would never consider equity release, according to new research
Posted: 29/06/2021
Net mortgage borrowing rebounded to £6.6bn in May from £3bn in April, but remained below the record £11.4bn in March, according to the Bank of England’s monthly Money and Credit statistical release
Posted: 29/06/2021
Annual house price growth in the UK has risen to 13.4% in the year to June, the highest level since November 2004, according to the latest Nationwide House Price Index
Posted: 29/06/2021
The Mortgage Lender has reduced rates and fees on its buy-to-let range and introduced a new two and five-year Limited Edition with completion fees of 1%
Posted: 25/06/2021
Newcastle Building Society has announced a range of mortgages that offer 95% LTV on new-build properties
Posted: 24/06/2021
The average property is taking 274 days to sell from the point of listing online to being marked as completed by the Land Registry, new analysis from GetAgent has revealed
Posted: 23/06/2021
There is currently £1.3trn worth of housing stock within the private rental sector in England, according to research by Sequre Property Investment
Posted: 22/06/2021
May saw 103,100 residential property transactions in the UK, according to the provisional non-seasonally adjusted estimate from HMRC
Posted: 22/06/2021
Evolution Money has reported that 74% of its second charge mortgages have been used for debt consolidation purposes, compared to 26% which have been used by clients with a prime credit rating
Posted: 22/06/2021
Anti-money laundering specialist, SmartSearch, has warned firms against rushing through AML checks in a bid to beat the upcoming stamp duty holiday deadline at the end of June
Posted: 21/06/2021
Loans Warehouse has been added to Mortgage Advice Bureau’s (MAB) new specialist broker panel
Posted: 17/06/2021
CHL Mortgages has announced a new partnership with Twenty7Tec to offer intermediaries wider access to its product range, following CHL’s return to the specialist buy-to-let (BTL) market
Posted: 17/06/2021
The average UK house price increased by 8.9% over the year to April, according to the latest UK House Price Index published by the Office for National Statistics (ONS)
Posted: 16/06/2021
Second charge lending totalled £90.0m in May, a rise of £12.4m compared to April, according to the latest Secured Loan Index from Loans Warehouse
Posted: 16/06/2021
Customers with adverse credit are more positive about their prospects for a successful mortgage application than they were six months ago, according to new research by Pepper Money
Posted: 16/06/2021
Dynamo for Intermediaries has announced the appointment of CHL Mortgages following the specialist buy-to-let (BTL) lender’s return to lending earlier this year
Posted: 16/06/2021
House prices in Scotland fell by 1.5% in April after the Land and Buildings Transaction Tax (LBTT) holiday came to an end in March
Posted: 15/06/2021
Mortgage search activity by advisers is showing signs that the market is beginning to normalise, according to new findings from Legal & General Mortgage Club’s SmartrCriteria tool
Posted: 15/06/2021
Annual house price growth across England and Wales hit 13.4% in May, according to the latest e.surv House Price Index
Posted: 14/06/2021
Paradigm Mortgage Services has announced the addition of returning buy-to-let (BTL) lender, CHL Mortgages, to its panel
Posted: 14/06/2021
Yorkshire Building Society has announced reductions to selected rates for its remortgage customers
Posted: 11/06/2021
House prices in the UK are continuing to rise as new listings fail to keep up with the number of interested buyers, according to new research from the Royal Institution of Chartered Surveyors (RICS)
Posted: 10/06/2021
Broker satisfaction with mortgage lenders has seen a 2.5% increase from 77.8% to 80.3% in the last six months, according to new research from Smart Money People
Posted: 10/06/2021
“Furloughed workers” is no longer among the most searched terms by brokers, new data published by Knowledge Bank has revealed
Posted: 10/06/2021
The average house price has grown almost four times faster than the average maximum loan offered by lenders over the last 12 months, new research from Mortgage Broker Tools (MBT) has revealed
Posted: 10/06/2021
Just 17% of people aged 45 and above say they are very confident they have considered all their retirement funding options, new findings from Air Group have revealed
Posted: 09/06/2021
Online research has overtaken recommendations from friends and family as the way that most people would find a mortgage broker, new research by Pepper Money has revealed
Posted: 09/06/2021
Instructions across the remortgage market fell by 16.1% in April, according to new data published by LMS
Posted: 08/06/2021
Proportunity Loans has become the latest firm to join the Intermediary Mortgage Lenders Association (IMLA)
Posted: 08/06/2021
Annual house price inflation in the UK is now at its strongest level in almost seven years, the latest Halifax House Price Index has revealed
Posted: 07/06/2021
The government has announced the launch of its First Homes scheme which will give first-time buyers the chance to apply for a discount of at least 30% on a new-build home
Posted: 04/06/2021
Twenty7Tec has reported that it recorded its seven busiest ever days for ESIS documents on a seven-day rolling basis in May
Posted: 03/06/2021
The remortgage market experienced a strong first quarter driven by rising house prices across the UK, according to new data published by LMS
Posted: 03/06/2021
House purchase lending surged in the first quarter of 2021, new data published by UK Finance has revealed
Posted: 03/06/2021
Eighty-five per cent of homebuyers believe that the current market bottleneck caused by stamp duty holiday demand has caused their purchase to be delayed, a new study has found
Posted: 03/06/2021
Net mortgage borrowing across the UK mortgage market fell to £3.3bn in April, down from a record £11.5bn in March, according to new figures published by the Bank of England (BoE)
Posted: 02/06/2021
Applications for mortgages in May were up by 8% on their pre-pandemic levels from 2019, according to new data released by Experian
Posted: 01/06/2021
Annual house price growth in the UK climbed to 10.9% during May, its highest level in almost seven years, the latest Nationwide House Piece Index has revealed
Posted: 01/06/2021
CHL Mortgages has announced a new distribution partnership with Legal & General Mortgage Club
Posted: 01/06/2021
The Association of Mortgage Intermediaries (AMI) has welcomed recent court support for interest-only mortgage cases
Posted: 28/05/2021
Paradigm head of mortgages, John Coffield, and managing director of United Trust Bank’s (UTB) Mortgages & Bridging Division, Robert Owen, have today announced their retirements
Posted: 27/05/2021
The government is being urged to make critical changes to its Support for Mortgage Interest (SMI) scheme to ensure thousands of households are helped before their financial situation deteriorates
Posted: 27/05/2021
A fixation with mortgage interest rates among UK borrowers is leaving them susceptible to thousands of pounds in unexpected costs, according to research from Legal & General Mortgage Club
Posted: 26/05/2021
One in 10 mortgage applicants have been rejected by lenders because they had taken advantage of loan repayment holidays in the past, a new study has revealed
Posted: 25/05/2021
SimplyBiz Mortgages and Key Group have announced the launch of a new proposition to support SimplyBiz members operating in the later life lending market
Posted: 24/05/2021
CHL Mortgages has announced the addition of New Leaf to its select distribution panel
Posted: 24/05/2021
April saw 117,860 residential property transactions across the UK, according to new figures published by HMRC
Posted: 21/05/2021
MPowered Mortgages has become the latest lender to go live on Mortgage Brain’s criteria-based sourcing solution, Criteria Hub
Posted: 21/05/2021
Satisfaction among mortgage brokers in terms of how quickly lenders are processing applications through to offer has increased by 6.5% since H2 2020, according to new research from Smart Money People
Posted: 20/05/2021
Customers aged 55 and over are finding it harder to secure a mortgage for the amount they require than customers who are self-employed, new findings from Mortgage Broker Tools (MBT) have revealed
Posted: 20/05/2021
Criteria searches for lenders willing to consider borrowers with unsatisfied defaults rose by 108% last month, according to data from Legal & General Mortgage Club’s SmartrCriteria tool
Posted: 20/05/2021
The average house price in Scotland has risen by 11.2% over the last year, according to the latest Walker Fraser Steele Acadata House Price Index (Scotland)
Posted: 19/05/2021
The average UK house price increased by 10.2% over the year to March, the highest annual growth rate the UK has seen since August 2007
Posted: 19/05/2021
UK estate agents have generated an estimated £2.7bn in agency fees since the introduction of the stamp duty holiday last year, new research has revealed
Posted: 18/05/2021
MoneyAge is delighted to announced that O’Neill Patient is sponsoring The Mortgage Awards 2021
Posted: 18/05/2021
Twenty7Tec has announced that it has integrated with aggregated property data solutions provider, WhenFresh
Posted: 18/05/2021
The housing market in Wales continued to set new records in the first quarter of the year as the average Welsh house price reached £212,751, the latest Wales House Price Index from Principality Building Society has revealed
Posted: 17/05/2021
Confidence among intermediaries for the outlook for the mortgage industry, the intermediary sector and their own businesses increased significantly in the first three months of 2021, according to new research from the Intermediary Mortgage Lenders Association (IMLA)
Posted: 17/05/2021
CHL Mortgages has announced the launch of a new buy-to-let (BTL) product range with a limited group of directly authorised brokers and selected packager partners
Posted: 17/05/2021
House prices in England and Wales have climbed by 11.7% in the last year, according to the latest e.surv House Price Index
Posted: 14/05/2021
PRIMIS Mortgage Network and Eligible.ai have agreed a new partnership that will give the network’s appointed representative (AR) brokers access to Eligible’s personalised client engagement platform, Retain
Posted: 14/05/2021
Mortgage arrears remain near to the historically low levels seen at the end of 2020 as a direct result of payment deferrals and other tailored forbearance, new data published by UK Finance has revealed
Posted: 13/05/2021
A total of 21,026 properties were bought with a Help to Buy equity loan in the fourth quarter of 2020, an increase of 40% from the same period in 2019, new figures published by HMRC have revealed
Posted: 13/05/2021
A slowdown in the supply of new homes in April has seen price growth accelerate across the UK, according to the latest RICS Residential Market Survey
Posted: 13/05/2021
Second charge lending totalled £77.6m in April, a £13.8m decrease compared to March, according to the latest Secured Loan Index from Loans Warehouse
Posted: 12/05/2021
Mortgage Broker Tools (MBT) and SimplyBiz Mortgages have announced a partnership which will provide the mortgage club’s members with access to the MBT Affordability platform
Posted: 12/05/2021
The current stamp duty relaxation has so far triggered a 7% rise in house prices from June 2020 to February 2021, according to new analysis by Search Acumen
Posted: 10/05/2021
House prices across the UK climbed by 1.4% in April compared to March, according to the latest Halifax House Price Index
Posted: 10/05/2021
Twenty7Tec has reported that its 12 busiest ever days for ESIS documents for 95% LTV and above products were recorded in April
Posted: 07/05/2021
Ipswich Building Society has announced it will no longer be operating ‘later life’ mortgages aimed solely at over 50s
Posted: 07/05/2021
March saw a 17.2% increase in instruction volumes across the remortgage market, the latest LMS Monthly Remortgage Snapshot has revealed
Posted: 06/05/2021
“Soft footprint at DIP stage” was the most searched criteria term by brokers in the residential market during April, according to new research from Knowledge Bank
Posted: 06/05/2021
Darlington Building Society has become the latest lender to join MCI Mortgage Club’s lender panel
Posted: 06/05/2021
The Prime Central London (PCL) residential property market in 2020 experienced the lowest volume of annual sales transactions on record, according to data analysed by London Central Portfolio
Posted: 05/05/2021
Net mortgage borrowing hit £11.8bn in March, new data published by the Bank of England (BoE) has revealed
Posted: 04/05/2021
CHL Mortgages has announced its return to lending as an intermediary-only specialist buy-to-let (BTL) lender after 13 years
Posted: 04/05/2021
The total number of Stamp Duty Land Tax (SDLT) transactions in the first quarter of 2021 saw a 48% rise from the same period in 2020, new figures from HMRC have revealed
Posted: 30/04/2021
A total £1.14bn in property wealth has been released by equity release customers in the first three months of 2021, new figures from the Equity Release Council (ERC) have revealed
Posted: 30/04/2021
Annual house price growth rebounded to 7.1% during April, a level up from 5.7% in March, according to the latest Nationwide House Price Index
Posted: 30/04/2021
Just Mortgages has reported that its lending figures increased by 59% to £3.5bn in 2020, with profits up by 20%
Posted: 30/04/2021
MCI Mortgage Club has announced the addition of Newbury Building Society to its panel of lenders
Posted: 29/04/2021
Specialist Financial Services has been appointed as a packager for Roma Finance
Posted: 28/04/2021
The volume of searches on Legal & General Mortgage Club’s SmartrCriteria tool jumped by 17% in March compared to the previous month
Posted: 28/04/2021
SimplyBiz has confirmed that it will be working with the recently launched independent Financial Vulnerability Taskforce
Posted: 28/04/2021
more2life has launched a new 58% LTV product, Prime Max Lump Sum, which it says currently offers the highest LTV in the equity release market
Posted: 27/04/2021
Almost £150bn-worth of home sales took place across the UK in the first 15 weeks of this year, according to a property website, nearly double the value of homes sold subject to contract in the same period in 2020 and 2019
Posted: 27/04/2021
New plans supported by over £150m in new government funding will make it easier and more affordable for people to build their own homes, the Housing Secretary Robert Jenrick has announced
Posted: 26/04/2021
PRIMIS Mortgage Network’s product desk supported Appointed Representative (AR) advisers with 2,823 queries during March – an all-time record for the network’s product desk
Posted: 26/04/2021
Foundation Home Loans has launched a new suite of residential products
Posted: 23/04/2021
More than eight out of 10 brokers use the affordability calculators of up to six lenders when sourcing a single case, according to new research by Mortgage Brain
Posted: 22/04/2021
Annual house price growth in Scotland reached 9.6% during February, according to the latest Scotland House Price Index from Walker Fraser Steel
Posted: 22/04/2021
There were 190,980 residential transactions across the UK property market in March, new HMRC data has revealed
Posted: 21/04/2021
The average UK house price increased by 8.6% over the year to February, a figure up from 8.0% in January, according to the latest UK House Price Index published by the Office for National Statistics (ONS)
Posted: 21/04/2021
The Association of Mortgage Intermediaries (AMI) has criticised the FCA’s latest consultation on regulated fees and levies
Posted: 20/04/2021
Nationwide is to launch a new mortgage that will enable first-time buyers the option of borrowing up to 5.5 times their income when taking a five or 10-year fixed rate up to 90% LTV
Posted: 20/04/2021
Eighty-seven per cent of first-time buyers can now afford a housing deposit above £15,000, according to new findings from Trussle
Posted: 20/04/2021
Paradigm Mortgage Services has announced the addition of new lender, MPowered Mortgages, to its panel
Posted: 20/04/2021
A monthly price surge of 2.1% equivalent to £6,733 has propelled new seller asking prices to a new record high, according to the latest Rightmove House Price Index
Posted: 19/04/2021
The government-backed 95% LTV mortgage guarantee scheme is launching today, the Ministry of Housing has confirmed
Posted: 19/04/2021
Three in five (60%) borrowers whose financial circumstances have been impacted by the coronavirus pandemic agree it will be important to seek advice when looking to secure their next mortgage, according to new research from Legal & General Mortgage Club
Posted: 16/04/2021
MoneyAge is delighted to announced that eConveyancer is sponsoring The Mortgage Awards 2021
Posted: 15/04/2021
Aldermore bank has become the latest lender to join the Mortgage Market Alliance (MMA)
Posted: 15/04/2021
The average cost of a home for a first-time buyer has seen a 7% rise since last May, according to new analysis by BuildScan
Posted: 14/04/2021
SimplyBiz Mortgages has added new lender MPowered Mortgages to its lender panel
Posted: 14/04/2021
Second charge lending totalled £91.4m in March, reflecting a 31.27% increase worth £28.1m on the previous month, new data published by Loans Warehouse has revealed
Posted: 14/04/2021
Bluestone Mortgages has announced an update to its credit policy that will see the lender provide more support to self-employed borrowers impacted by the coronavirus pandemic
Posted: 12/04/2021
Homeowners are utilising second charge mortgages to raise money to invest in buy-to-let (BTL) properties, home improvements and also consolidate debt, according to new findings from Knowledge Bank
Posted: 12/04/2021
The volume of new business conducted across the second charge mortgage market fell by 37% in February, according to figures published by the Finance & Leasing Association (FLA)
Posted: 12/04/2021
Mortgage Broker Tools (MBT) has announced a new partnership with Iress to deliver an integrated research platform
Posted: 12/04/2021
The average UK house price climbed by 1.1% in March compared to February, according to the latest Halifax House Price Index
Posted: 09/04/2021
Searches for 95% LTV mortgages have increased by nearly eight times since the start of the year, according to research published by Mortgage Broker Tools (MBT)
Posted: 09/04/2021
Evolution Money has reported a drop in the number of borrowers using second charge mortgages for debt consolidation purposes
Posted: 09/04/2021
Mortgage Broker Tools (MBT) has announced the launch of a new partnership with Dynamo for Intermediaries
Posted: 08/04/2021
The total value of UK private property passed £6trn for the first time at the end of 2020, as the equity release market recovered from the first coronavirus lockdown
Posted: 08/04/2021
House prices increased in March due to demand outpacing supply, according to findings from the latest RICS Residential Market Survey
Posted: 08/04/2021
The Mortgage Lender (TML) has become the latest lender to join the Mortgage Market Alliance (MMA)
Posted: 08/04/2021
LMS has reported a “positive outlook for remortgaging in 2021”, despite a fall in the overall score of its Quarterly Remortgage Healthcheck Index
Posted: 07/04/2021
Legal & General Mortgage Club has announced a partnership with newly launched lender, MPowered Mortgages
Posted: 07/04/2021
First-time buyers are saving more than £800 a year as the gap between buying and renting has stretched by 8% over the past 12 months, new data has revealed
Posted: 06/04/2021
Legal & General Mortgage Club has added six lenders to its SmartrFit tool, which allows advisers to determine suitable mortgage providers for their clients
Posted: 06/04/2021
Annual house price growth in the UK slowed to 5.7% in March, down from 6.9% in February, according to the latest Nationwide House Price Index
Posted: 31/03/2021
Flat roofs, commercial property and clutter are barriers to acceptance when it comes to applying for equity release, according to findings from more2life
Posted: 30/03/2021
Property Master has called on the government to close the “green gap” and bring forward a replacement for the green homes grant scheme
Posted: 30/03/2021
Instruction volumes across the remortgage market climbed by 19.1% during February, according to new data published by LMS
Posted: 29/03/2021
Net mortgage borrowing increased to its highest monthly level in five years during February, with individuals borrowing an additional £6.2bn secured on their homes, new Bank of England (BoE) figures have revealed
Posted: 29/03/2021
The Intermediary Mortgage Lenders Association (IMLA) has announced that Louisa Sedgwick has stepped down as the trade body’s first female chair
Posted: 29/03/2021
Online mortgage broker, Trussle, has urged homeowners in financial difficulty to consider the pros and cons of a mortgage holiday, ahead of the deadline for the government-backed scheme
Posted: 24/03/2021
The average UK house price increased by 7.5% over the year to January 2021, down from 8.0% in December 2020, according to the latest UK House Price Index published by the Office for National Statistics (ONS)
Posted: 24/03/2021
SimplyBiz Mortgages has partnered with the Financial Intermediary and Broker Association (FIBA) to launch a new industry initiative
Posted: 24/03/2021
The number of mortgage cases where at least one lender was available to meet the loan requirements of a self-employment applicant fell in February, according to findings from Mortgage Broker Tools (MBT)
Posted: 23/03/2021
Residential property transactions across the UK totalled 147,050 during February, new figures published by HMRC have revealed
Posted: 23/03/2021
Advisers were sourcing furlough-friendly mortgages more than any other criteria in February, according to new data from Legal & General’s SmartrCriteria tool
Posted: 22/03/2021
One in four (26%) existing or aspiring homeowners have missed a mortgage payment as a result of accident or illness, according to new findings from MetLife UK
Posted: 22/03/2021
Landbay has launched a new five-year funding partnership worth £200m of originations per annum
Posted: 19/03/2021
Gross lending could exceed its highest level in more than a decade this year, according to new predictions from experts
Posted: 18/03/2021
The annual price growth for houses in Scotland reached 9.0% during January, according to the latest Walker Fraser Steele House Price Index (Scotland)
Posted: 18/03/2021
The time required to sell a home is now taking 43 days longer due to delays caused by the stamp duty holiday, according to GetAgent
Posted: 17/03/2021
Borrowers who have seen their income fall due to the COVID-19 pandemic may soon be paying thousands of pounds more in monthly repayments, research from Legal & General Mortgage Club has revealed
Posted: 17/03/2021
The spread between the average maximum and minimum loan amount available to buy-to-let (BTL) mortgage applicants is more than double the spread in the residential market, new analysis has revealed
Posted: 17/03/2021
Accord Mortgages has announced the launch of a 95% LTV mortgage for first-time buyers, to become the first lender to return to the market
Posted: 16/03/2021
The second charge mortgage market saw a 46% annual drop in the value of new business during January, new statistics published by the Finance & Leasing Association (FLA) have revealed
Posted: 15/03/2021
The average maximum loan available to first-time buyers bounced back to £237,500 in February, according to new research from Mortgage Broker Tools (MBT)
Posted: 12/03/2021
PRIMIS Mortgage Network has revealed that its product desk handled 2,642 inbound queries from appointed representative (AR) advisers in February, marking an all-time record
Posted: 12/03/2021
February saw the 11 busiest ever days for preparing mortgage documents, according to new statistics published by Twenty7Tec
Posted: 11/03/2021
Lockdown has seen sellers holding off putting their homes up for sale, although sales activity is expected to rise in the coming three months as restrictions ease, according to the February 2021 RICS UK Residential Market Survey
Posted: 11/03/2021
The value of gross mortgage advances in the fourth quarter of 2020 was £76.6bn, a figure 4.2% higher than in 2019 Q4, new figures from the Bank of England (BoE) have revealed
Posted: 09/03/2021
The rental market in the UK is receiving “a lot of interest” from new investors, according to new research from criteria search specialist, Knowledge Bank
Posted: 09/03/2021
First-time buyers could save as much as £20,000 on a house deposit through the government’s new mortgage guarantee scheme, according to analysis from Barrows and Forrester
Posted: 08/03/2021
The average UK house price saw a slight monthly drop of 0.1% in February, according to the latest Halifax House Price Index
Posted: 05/03/2021
The Welsh government has announced that the Welsh equivalent of the Stamp Duty Land Tax (SDLT) has been extended to 30 June 2021
Posted: 04/03/2021
House purchase lending in the fourth quarter of 2020 grew to the highest quarterly levels seen since 2007, new figures published by UK Finance have revealed
Posted: 04/03/2021
The Intermediary Mortgage Lenders Association (IMLA) has welcomed the government’s decision to extend the stamp duty holiday to June
Posted: 04/03/2021
The Chancellor has confirmed more details for the government’s plans to launch a mortgage guarantee scheme
Posted: 03/03/2021
Completion volumes across the remortgage market grew by 6.3% in January, according to new data published by LMS
Posted: 03/03/2021
February saw house prices in the UK increase by 0.7% month-on-month after taking account of seasonal effects, reversing the 0.2% monthly decline in prices recorded in January
Posted: 02/03/2021
The Chancellor is to launch a UK mortgage guarantee scheme that will guarantee a portion of loans on homes in England worth up to £600,000, according to reports
Posted: 01/03/2021
There were 99,000 mortgage approvals in January, new Bank of England (BoE) figures have revealed, as the mortgage market remained “relatively strong” at the start of the year
Posted: 01/03/2021
Accord Mortgages has announced it is reducing rates across its higher LTV ranges by up to 10 basis points to help brokers support their clients with smaller deposits
Posted: 26/02/2021
The Intermediary Mortgage Lenders Association (IMLA) is calling on the Chancellor to take action in several key areas to ensure the housing market continues to help the UK’s economic recovery from the coronavirus pandemic
Posted: 25/02/2021
Up to 234,000 home buyers who have already agreed a sale could be exempt from paying Stamp Duty Land Tax (SDLT), should the Chancellor confirm his three-month extension to the holiday in next week’s Budget. According to new analysis by Zoopla, this could equate to a total estimated saving of £984m for those buyers
Posted: 25/02/2021
The Chancellor is preparing to extend the stamp duty holiday to the end of June in an attempt to keep the property market afloat, according to reports
Posted: 24/02/2021
The total number of residential property transactions in the UK reached 121,640 in January, a 24.1% increase from the total recorded in January 2020, new HMRC figures have revealed
Posted: 23/02/2021
House prices in Scotland saw a monthly increase of 2.3% in December, according to the latest Scottish House Price Index from Walker Fraser Steele Chartered Surveyors
Posted: 22/02/2021
There is currently at least one lender available to meet the loan requirements of self-employment mortgage applicants for 71% of cases, data from Mortgage Broker Tools (MBT) has found
Posted: 22/02/2021
The number of homes bought in England using the Help to Buy: Equity Loan scheme totalled 43,617 in the year to September 2020, an 18% annual fall, new government figures have revealed
Posted: 18/02/2021
The average house price in the UK increased by 8.5% over the year to December 2020 to stand at a record high of £252,000, according to the Office for National Statistics (ONS)
Posted: 17/02/2021
Mortgage advisers are expecting to encounter more buy-to-let (BTL) customers with adverse credit as a result of the coronavirus pandemic, according to new research by Pepper Money
Posted: 17/02/2021
New government proposals requiring lenders to report on the energy ratings of properties they lend against risk wasting time and resources, the Intermediary Mortgage Lenders Association (IMLA) has warned
Posted: 17/02/2021
High net worth individuals (HNWIs) are struggling to successfully apply for a mortgage, research by Butterfield Mortgages Limited (BML) has revealed
Posted: 16/02/2021
The average house price across England and Wales increased by 1.2% between December and January, according to the latest e.surv House Price Index
Posted: 16/02/2021
January saw a significant increase in enquiries about furlough friendly mortgages, with searches rising 230% from December, according to data from Legal & General’s SmartrCriteria tool
Posted: 15/02/2021
The average house price in Wales has topped £200,000 for the first time, data from Principality Building Society’s latest Wales House Price Index has revealed
Posted: 11/02/2021
Surveyors have reported that housing market activity across the UK fell in January compared to previous months, according to the latest RICS UK Residential Market Survey
Posted: 11/02/2021
The legal completion deadline for the current Help to Buy scheme has been extended to 31 May, the government has confirmed
Posted: 11/02/2021
Mortgage payment deferrals helped to keep mortgage arrears levels in 2020 near to historically low levels, according to new data published by UK Finance
Posted: 11/02/2021
More than one in five (22%) potential homeowners blame a bad credit history for not being able to get a mortgage, new findings from Haysto have revealed
Posted: 10/02/2021
Service has become a bigger consideration for most buy-to-let (BTL) advisers in the last six months, according to new research by Pepper Money
Posted: 10/02/2021
The top criteria searches in the second charge mortgage market in January related to managing or consolidating debt, according to new findings from Knowledge Bank
Posted: 09/02/2021
Just Mortgages has announced plans to double its number of brokers over the next three to four years
Posted: 08/02/2021
The average house price in the UK fell by 0.3% in January, the biggest monthly fall since April last year, according to the latest Halifax House Price Index
Posted: 05/02/2021
The average number of mortgage cases handled by advisers dropped from 90 in the third quarter of last year to 78 in the fourth quarter, new research from the Intermediary Mortgage Lenders Association (IMLA) has revealed
Posted: 03/02/2021
The average UK house price saw a month-on-month 0.3% fall in January, according to the latest Nationwide House Price Index
Posted: 02/02/2021
The number of mortgage approvals in the UK climbed to 818,500 in 2020, the largest number in one year since 2007, new Bank of England (BoE) data has revealed
Posted: 01/02/2021
Up to 70,000 property sales agreed in 2020 are at risk of missing the 31 March stamp duty deadline, according to the latest Zoopla House Price Index
Posted: 27/01/2021
Self-employment is being blamed for one in six mortgage rejections in the UK, according to new research by Haysto
Posted: 26/01/2021
The overall number of first-time buyers dropped by 13% in 2020, as the housing market came to a halt during the first UK lockdown, new research by Halifax has revealed
Posted: 25/01/2021
Average house prices in Scotland increased by 3.1% during November, the largest monthly increase since March 2015
Posted: 22/01/2021
December saw a 13.1% monthly climb in the number of residential property transactions across the UK, new HMRC data has revealed
Posted: 21/01/2021
UK average house prices increased by 7.6% over the year to November 2020, according to the latest Office for National Statistics (ONS) House Price Index
Posted: 20/01/2021
There were 130,000 mortgage payment deferrals in place at the end of December, new UK Finance data has revealed
Posted: 20/01/2021
A new lender to the UK mortgage market, Perenna, has raised $10m after completing its latest round of funding
Posted: 19/01/2021
House prices across England and Wales finished 2020 with a 7.8% annual increase, the latest e.surv House Price Index has revealed
Posted: 18/01/2021
Mortgage searches relating to buyers with a “visa” was the number one criteria search among advisers in 2020, according to data from Legal & General Mortgage Club’s SmartrCriteria tool
Posted: 15/01/2021
Growth in the mortgage market is set to continue in 2021, despite the ongoing disruption of the COVID-19 pandemic, according to a new report by the Intermediary Mortgage Lenders Association (IMLA)
Posted: 15/01/2021
Online mortgage broker, Trussle, has urged self-employed mortgage applicants to make sure details and accounts are kept up-to-date, after suggesting they have to “jump through extra hoops” to get onto the property ladder
Posted: 14/01/2021
Sales activity is continuing to rise across the housing market but the latest lockdown restrictions and the end of the stamp duty holiday are to weigh on activity going forward, according to new RICS research
Posted: 14/01/2021
Fifty-four per cent of brokers and intermediaries have revealed that they undershot their 2020 business projections, according to a new study by United Trust Bank (UTB)
Posted: 14/01/2021
Eighty-one per cent of advisers reported a spike in mortgage demand last year due to the stamp duty holiday, according to a survey by Guardian
Posted: 13/01/2021
Mortgage Brain has announced Pepper Money as the latest lender to go live on its affordability-based sourcing system, Affordability Hub
Posted: 12/01/2021
The first quarter of 2021 is expected to see a return to pre-pandemic levels of second charge lending volumes, according to research by Loans Warehouse
Posted: 12/01/2021
Castle Trust Bank has become the latest lender to join the Mortgage Market Alliance (MMA) as a founder member
Posted: 11/01/2021
Mortgage technology expert, Twenty7Tec, has recorded a drop in mortgage market activity for the first week of the year
Posted: 11/01/2021
UK house prices were 0.2% higher in December than they were in November as they ended 2020 at a record high, according to the latest Halifax House Price Index
Posted: 08/01/2021
Details from 35 residential lenders and 38 buy-to-let lenders are now included in Mortgage Brain’s lender service level report
Posted: 07/01/2021
The biggest change in criteria search terms by brokers was registered in the second charge mortgage market during December, according to new data from Knowledge Bank
Posted: 07/01/2021
The Intermediary Mortgage Lenders Association (IMLA) has joined a growing list of voices from the mortgage market calling for the government to take action on the looming stamp duty holiday
Posted: 06/01/2021
There are indications of a “strong recovery” in the outlook for the remortgage market, even when compared with pre-COVID-19 performance, according to the latest Remortgage Healthcheck Index published by LMS
Posted: 05/01/2021
The mortgage market saw the number of approvals for house purchase climb from 98,300 in October to 105,000 in November, the highest number of approvals since August 2007
Posted: 04/01/2021
more2life has announced the launch of its latest lifetime mortgage, Capital Choice Ultra Lite
Posted: 18/12/2020
The upcoming March deadline to the stamp duty holiday is already causing significant congestion in the housing market, leading trade bodies have warned, and it is now likely that many cases will not be completed leading to calls for the government to extend the cut-off date
Posted: 18/12/2020
Specialist lender Together has raised the maximum loan-to-value to 70% across its first and second charge mortgage products
Posted: 17/12/2020
Vernon Building Society has relaunched its mortgage range to brokers, featuring a wide range of mainstream and specialist lending solutions
Posted: 17/12/2020
The average house price increased by 5.4% this year, according to latest ONS figures
Posted: 16/12/2020
Almost three quarters (71%) of mortgage brokers have said they are confident about the broker market in 2021, remaining high from the sentiment displayed in 2020 (77%)
Posted: 16/12/2020
Almost three quarters of financial advisers (72%) expect the value of the equity release market to grow next year, with a fifth thinking it could increase to more than £6bn in value
Posted: 15/12/2020
Fleet Mortgages has announced a number of criteria changes designed to provide greater flexibility to landlords
Posted: 15/12/2020
The number of searches made by financial advisers looking at furlough-friendly mortgages has increased by 230%
Posted: 14/12/2020
House prices across England and Wales increased by 1% on average between October and November, according to the latest e.surv House Price Index
Posted: 11/12/2020
More homeowners are moving to a new home than remortgaging on their current home, new data from Trussle has revealed
Posted: 11/12/2020
The affordability gap dropped to a record low of 15% in November, according to data from the latest MBT Affordability Index
Posted: 10/12/2020
‘Furloughed workers’ and ‘Soft footprint at Decision in Principal (DiP) stage’ were among the top five searched criteria by mortgage brokers in November, according to Knowledge Bank’s latest monthly criteria index
Posted: 10/12/2020
The second charge mortgage market saw an annual drop of 43% in October, falling to £68m worth of new business, new figures from the Finance & Leasing Association (FLA) have revealed
Posted: 09/12/2020
Vernon Building Society has announced a new partnership with Dynamo for Intermediaries
Posted: 09/12/2020
The value of new mortgage commitments across the UK reached £78.9bn in the third quarter, a 6.8% increase from a year earlier and the highest level since 2007 Q3, new Bank of England (BoE) statistics have revealed
Posted: 08/12/2020
TMA Club has announced the launch of two new compliance packages to support directly authorised (DA) advisers with regulatory requirements
Posted: 07/12/2020
UK house prices in November were 1.2% higher than in October, according to the latest Halifax House Price Index
Posted: 07/12/2020
The MCI mortgage club has announced the addition of more2life to its later life lending panel
Posted: 07/12/2020
Twenty7Tec has revealed that mortgage searches were at just under 80% of the year’s high on a seven-day rolling period last week
Posted: 04/12/2020
There were 127,000 mortgage payment deferrals in place in mid-November, a significant fall in customers seeking this form of support from June’s peak of 1.8 million, according to new UK Finance statistics
Posted: 04/12/2020
First-time buyers are putting down larger deposits in order to get onto the property ladder, according to data from Mortgage Advice Bureau (MAB)
Posted: 03/12/2020
The Association of Mortgage Intermediaries (AMI) has announced Coreco Mortgages managing director, Andrew Montlake, as the Board’s new chair
Posted: 03/12/2020
November saw mortgage search volumes fell by 12.1% compared to the previous month, new data released by Twenty7Tec has revealed
Posted: 03/12/2020
The cost of borrowing for low deposits has increased substantially across all mortgage types over the last 12 months, according to new analysis from Mortgage Brain
Posted: 02/12/2020
Haysto, a new mortgage broker platform, has announced its launch to the market and will specifically target the self-employed and those with a bad credit rating
Posted: 02/12/2020
Annual house price growth increased to 6.5% during November, the highest rate of growth since January 2015, according to new data from Nationwide
Posted: 01/12/2020
The Mortgage Lender (TML) has announced it is joining the PRIMIS Mortgage Network panel
Posted: 30/11/2020
MCI Club has reported a “significant drop” in mortgage completions, with only 22% of purchases completing in July, August, and September
Posted: 30/11/2020
The number of mortgage approvals for house purchases across the UK continued to increase in October, climbing to 97,500 from 92,100 in September
Posted: 30/11/2020
TMA Club has announced a new partnership with Loughborough Building Society as it continues to develop its proposition for Directly Authorised (DA) firms
Posted: 30/11/2020
The number of prospective home buyers reached an average of 451 per estate agent branch in October, according to data from NAEA Propertymark, the highest ever figure it has recorded for the month of October since records began
Posted: 27/11/2020
The government’s Help to Build scheme will provide a major boost to the emerging custom build sector in the UK, according to BuildStore
Posted: 27/11/2020
Weekly mortgage search volumes are currently at 83.89% of the year’s highest figure, down 3.9% on the week before, the latest data from Twenty7Tec has revealed
Posted: 26/11/2020
Increasing house prices may mean that the Bank of Mum and Dad can no longer bridge the affordability gap for first-time buyers, according to new research from Trussle
Posted: 26/11/2020
LiveMore Capital has announced the launch of a partnership with PRIMIS Mortgage Network with immediate effect
Posted: 26/11/2020
Gateway Surveyors has announced that it is to take on the panel management of Earl Shilton Building Society (ESBS)
Posted: 25/11/2020
The first quarter of 2021 is set to experience a “property uplift”, with 100,000 additional sales expected to complete before the end of March, according to new analysis by Zoopla
Posted: 25/11/2020
The MCI mortgage club has announced it is launching its own branded version of Air Sourcing
Posted: 25/11/2020
The new Help to Buy scheme will be “essential” for first-time buyers, with fewer high LTV mortgage products on the market, according to Trussle
Posted: 24/11/2020
Building societies held outstanding mortgage balances of £338bn at the end of the third quarter, a figure worth 23% of the market share, according to new data from the Building Societies Association (BSA)
Posted: 24/11/2020
There were 105,630 residential transactions across the UK during October, according to the provisional seasonally adjusted estimate from HMRC
Posted: 24/11/2020
Dynamo for Intermediaries has announced the addition of Roma Finance to its panel
Posted: 23/11/2020
A surge in property sales following the end of the first lockdown in June has pushed the average house price in Wales up by 3% annually.
Posted: 23/11/2020
Just Mortgages has announced it is launching a new wealth division, Just Wealth, in January
Posted: 23/11/2020
The total number of Stamp Duty Land Tax (SDLT) transactions in the third quarter was 68% higher than in Q2 2020, new HMRC has data revealed
Posted: 20/11/2020
Conveyancing volumes saw a 105% increase in the third quarter of the year as the conveyancing market “regained its footing”, according to Search Acumen
Posted: 19/11/2020
Weekly mortgage searches were at 87.33% of the year’s highest figure last week, having dropped by 0.5% from the week before, according to the latest analysis from Twenty7Tec
Posted: 19/11/2020
The MCI Club has announced the appointment of Legal & General Home Finance to its panel
Posted: 19/11/2020
UK average house prices saw an annual increase of 4.7% over the year to September 2020, new data published by the Office for National Statistics (ONS) has revealed
Posted: 18/11/2020
Connect for Intermediaries has announced the appointment of specialist protection adviser, Umbrella Protect, to its panel
Posted: 18/11/2020
First-time buyers interested in new-build homes will be able to apply for the new Help to Buy: Equity Loan scheme from Wednesday 16 December 2020, Homes England has confirmed
Posted: 17/11/2020
The FCA has confirmed its guidance for firms over providing support to mortgage borrowers who are experiencing payment difficulties as a result of the coronavirus crisis
Posted: 17/11/2020
Mortgage Engine has announced a new connection with online mortgage broker, Mojo Mortgages
Posted: 17/11/2020
Landbay has closed a new funding deal with an asset manager which is aiming to fund in excess of £300m per year of Landbay originated mortgages
Posted: 17/11/2020
A total £5bn worth of property deposits is currently in limbo as first-time buyers “struggle to navigate” the housing market, according to research from Trussle
Posted: 16/11/2020
Paradigm Mortgage Services has added Leek United Building Society to its lender panel
Posted: 16/11/2020
Strong demand in the mortgage market has helped keep sustained intermediary confidence during the third quarter of 2020, according to new research from the Intermediary Mortgage Lenders Association (IMLA)
Posted: 13/11/2020
Over 2.6 million mortgage payment deferrals have been approved to date since March, with just under 140,000 still in place at the end of October, according to new data published by UK Finance
Posted: 12/11/2020
Remortgage instruction volumes in the UK increased by 11% during October, according to new data from LMS
Posted: 12/11/2020
Twenty7Tec has reported a drop-off in the volume of mortgage searches in the week after the UK entered a second national lockdown
Posted: 12/11/2020
Interest among overseas buyers has continued to be a driving force behind activity in the UK mortgage market during October, according to new analysis from Legal & General Mortgage Club
Posted: 12/11/2020
TMA Club has announced the addition of Pure Retirement to its later life lending panel
Posted: 12/11/2020
Average house prices in England and Wales saw a monthly increase of 0.9% in October, according to the latest e.surv House Price Index
Posted: 11/11/2020
Air Group has announced its first equity release provider ‘Temperature Check’, focusing on a number of key service measures as experienced by advisers
Posted: 10/11/2020
The Mortgage Lender (TML) has announced it is releasing a special edition £30m five-year fixed rate buy-to-let (BTL) tranche
Posted: 09/11/2020
Thirty-nine per cent of mortgage holders have never used a broker, according to research from Boon Brokers
Posted: 06/11/2020
Principality Building Society has pledged that it will not repossess homes across its business until 30 June 2021
Posted: 06/11/2020
House prices in October were 7.5% higher than in the same month a year ago, according to data from the latest Halifax House Price Index
Posted: 06/11/2020
The average UK homebuyer could see the initial cost of a 10% mortgage deposit increase by more than £12,000 over the next 25 years, new analysis from Barrows and Forrester has revealed
Posted: 05/11/2020
Key Group has announced a new referral partnership with Newcastle Building Society
Posted: 05/11/2020
The MCI mortgage club has announced the addition of Buckinghamshire Building Society to its lending panel
Posted: 05/11/2020
Ninety-four per cent of mortgage brokers would admit that in order to secure the loan size requested by their clients, they would need to shop around more than they did before the start of the pandemic
Posted: 04/11/2020
SimplyBiz Mortgages has announced an extension to its relationship with Key Partnerships
Posted: 03/11/2020
Mortgage payment holidays are being extended for homeowners who have been financially affected by the coronavirus crisis
Posted: 02/11/2020
The government has confirmed that the housing market will remain open beyond the new lockdown measures due to come in across England from Thursday
Posted: 02/11/2020
Greenfield Mortgages has announced it is joining the Dynamo for Intermediaries panel of bridging lenders
Posted: 02/11/2020
Annual UK house price growth increased to 5.8% in October, the highest rate since January 2015, according to data from the latest Nationwide House Price Index
Posted: 30/10/2020
The mortgage market strengthened further during September as net household borrowing hit £4.8bn secured on homes, new Bank of England (BoE) data has revealed
Posted: 29/10/2020
A total of 418,000 properties worth £112bn are currently progressing through the sales pipeline, amounting to a 50% uptick in volume compared to the same period in 2019, new analysis from Zoopla has revealed
Posted: 28/10/2020
UK house prices are predicted to jump by £30,000 over the next four years, according to new analysis from GetAgent
Posted: 27/10/2020
UK rents increased in rural areas and fell sharply in some cities over the summer as more tenants looked to relocate from towns to countryside, according to analysis from the Deposit Protection Service (DPS)
Posted: 27/10/2020
Finding a suitable self build plot remains one of the biggest challenges faced by self builders, according to new research from Ipswich Building Society
Posted: 26/10/2020
Mortgage borrowers are being hit with a double-whammy of higher interest rates and fewer products, according to new analysis by Defaqto
Posted: 26/10/2020
Ipswich Building Society has responded to Guy Opperman’s recent suggestion that auto-enrolment pensions contributions could be accessed by first-time buyers as a deposit for a mortgage
Posted: 26/10/2020
Loans Warehouse has suggested the second charge lending market can provide a “valuable alternative” for brokers lending to 85% LTV borrowers
Posted: 26/10/2020
The winners of the Mortgage Awards 2020 were announced last night via a special video broadcast
Posted: 23/10/2020
There was almost £600bn of equity available for release in UK homes in the third quarter, an increase of £100bn from Q2, new analysis from Canada Life has revealed
Posted: 22/10/2020
PRIMIS Mortgage Network has reported that its product desk resolved a total 2,186 inbound queries from Appointed Representative (AR) brokers in September
Posted: 22/10/2020
The MCI mortgage club has appointed Hinckley & Rugby Building Society to its panel of lenders
Posted: 22/10/2020
Paradigm Mortgage Services has added specialist mortgage lender, LiveMore Capital, to its panel
Posted: 22/10/2020
Twenty-one per cent of landlords are predicting that tenants will move to the country for space and to work from home, according to new research from The Mortgage Lender (TML)
Posted: 21/10/2020
There were 98,010 residential transactions recorded in September, new HMRC data has revealed, a total 0.7% lower than September 2019
Posted: 21/10/2020
Average house prices across the UK increased by 2.5% over the year to August 2020, a figure up from 2.1% in July, according to the latest UK House Price Index
Posted: 21/10/2020
Homeowners planning to benefit from the stamp duty holiday should begin their homebuying process by 1 November or risk missing out, according to new findings from the Legal & General Mortgage Club
Posted: 20/10/2020
The SimplyBiz Group has welcomed new research from the Intermediary Mortgage Lenders Association (IMLA) which showed that 35% of intermediaries intend to advise on green mortgages in the future
Posted: 20/10/2020
Twenty-three per cent of homeowners are worried about renewing their mortgage during the coronavirus pandemic, according to the results of a poll by Willow Private Finance
Posted: 19/10/2020
Enra Specialist Finance has announced that it has priced its first residential mortgage backed securities, backed by a portfolio of buy-to-let (BTL) and second charge mortgages
Posted: 19/10/2020
Seventy-four per cent of lenders are expecting green mortgages to become a larger part of the wider mortgage market in the future, new research from the Intermediary Mortgage Lenders Association (IMLA) has revealed
Posted: 19/10/2020
Volumes for remortgage instructions remained steady during September, falling by just 1.3% over the month, according to new data published by LMS
Posted: 19/10/2020
Landbay has announced it is joining Synergy Commercial Finance’s network panel
Posted: 19/10/2020
Forty-two per cent of brokers have suggested the biggest priority for their business is increasing their client base, according to research from Mortgage Brain
Posted: 15/10/2020
Just Mortgages has announced that it experienced record high volumes for both applications and exchanges in September
Posted: 15/10/2020
Zephyr Homeloans has announced it is joining the panel of Brilliant Solutions’ mortgage club
Posted: 15/10/2020
More money has been spent on £10m-plus properties this year than in 2019, new data from Knight Frank has revealed
Posted: 14/10/2020
Asking rents have hit a record high outside London at £964 per month, driven by record demand from renters, according to new analysis by Rightmove
Posted: 14/10/2020
Pent-up demand and government incentives jolted the UK’s property market “back to life” this summer, despite caution from lenders about COVID-19, a new report from Experian has suggested
Posted: 14/10/2020
Ninety-two per cent of first-time buyers will still need guidance when making a home purchase, according to new research published by Accord Mortgages and Yorkshire Building Society
Posted: 14/10/2020
Stonebridge has revealed it processed over £1bn worth of mortgage applications during September
Posted: 13/10/2020
TMA Club has announced it is adding Access Equity Release and Knight Frank Finance as equity release referral partners to its later life lending proposition
Posted: 12/10/2020
One in every two first-time buyers under the age of 35 is receiving financial support from the Bank of Mum and Dad (BoMaD), according to new research from Legal & General and Cebr
Posted: 12/10/2020
SimplyBiz Mortgages has agreed a new partnership with Eligible to give its members three months free access to its personalised client engagement platform
Posted: 12/10/2020
The second charge mortgage market experienced a 57% annual fall during August as £43m of new business was recorded, new statistics from the Finance & Leasing Association (FLA) have revealed
Posted: 12/10/2020
Landbay has announced a new partnership with PRIMIS Mortgage Network to provide PRIMIS brokers and their landlord clients with access to Landbay’s buy-to-let (BTL) products through its online intermediary portal
Posted: 12/10/2020
Three in five first-time buyers (61%) would suggest that buying a home is more important to them now than it was before the coronavirus pandemic, new research by the Yorkshire Building Society has revealed
Posted: 09/10/2020
House prices increased by 0.7% in England and Wales during September, according to the latest e.surv Chartered Surveyors House Price Index
Posted: 09/10/2020
The equity release market showed the most change across the categories recorded by Knowledge Bank in September, with ‘Maximum Loan Amount’ being the only consistent search in the top five results
Posted: 08/10/2020
Mortgage Brain has announced Fluent Mortgages as the latest business to commit to integrating with its multi-lender submission and application gateway, Lendex
Posted: 08/10/2020
The UK housing market continued its recovery during September, according to the latest RICS UK Residential Survey, as buyer enquiries, agreed sales and new listings all remained “strong” during the month
Posted: 08/10/2020
As many as 85% of property transactions between the announcement of the stamp duty holiday on 8 July up until 31 August have fallen below the £500,000 price threshold and paid no stamp duty as a result
Posted: 08/10/2020
UK house prices increased by 2.3% in the year to July 2020, down from 2.9% in June, according to the latest UK House Price Index (HPI) from the Land Registry
Posted: 07/10/2020
House prices across the UK were 1.6% higher in September than they were during August, according to the latest Halifax House Price Index
Posted: 07/10/2020
The number of ESIS generated through Mortgage Brain’s sourcing systems hit a new high point for 2020 during September
Posted: 06/10/2020
Home movers are having to pay almost £68,000 on average to move from a two bed flat to a three bed house outside London, a figure £4,000 more than this time last year, according to new data published by Rightmove
Posted: 06/10/2020
Boris Johnson has promised that first-time buyers will be given long-term fixed rate mortgages at up to 95% LTV, as he aims to turn “generation rent into generation buy”
Posted: 06/10/2020
The stamp duty holiday has helped to accelerate homebuyer demand across the UK during the third quarter, new analysis from GetAgent has revealed.
Posted: 06/10/2020
Accord Mortgages has announced the appointments of two new business development advisers (BDAs) to its sales team, to help provide more support to brokers
Posted: 05/10/2020
The average rent in the UK is now £987, up 0.2% on last month, and by 2.1% on last year, new data from HomeLet has revealed
Posted: 05/10/2020
Knowledge Bank has announced it is partnering with the Financial Intermediary and Broker Association (FIBA) to offer its criteria search system to FIBA’s members
Posted: 05/10/2020
Over-50s have seen their homes rise in value by an average £7,023 in just two months, according to research from SunLife
Posted: 02/10/2020
Accord Mortgages has announced that it is launching another limited release of 90% LTV products for first-time buyers
Posted: 02/10/2020
The Mortgage Lender (TML) has announced the completion of the first securitisation of 2,096 unregulated residential buy-to-let (BTL) mortgages it has originated, secured on properties in England, Wales and Scotland
Posted: 01/10/2020
Bluestone Mortgages has announced that it is joining Mortgage Compliance & Insurance Club’s (MCI Club) lender panel
Posted: 01/10/2020
Brilliant Solutions has reported two consecutive months of record completion volumes
Posted: 30/09/2020
Eighty-one per cent of property and commercial finance brokers believe they are prepared for a second wave of COVID-19, new research from United Trust Bank (UTB) has revealed
Posted: 30/09/2020
The annual house price growth picked up to 5.0% during September, the highest rate since September 2016, according to the latest Nationwide House Price Index
Posted: 30/09/2020
Legal & General Mortgage Club has announced the addition of LiveMore Capital to its panel
Posted: 30/09/2020
Demand for rental homes across the UK’s major cities has increased by 13% since the second quarter of the year, according to new data from Howsy
Posted: 29/09/2020
The number of mortgage approvals for house purchase continued to increase sharply in August, rising to 84,700 from 66,300 in July, new data from the Bank of England (BoE) has revealed
Posted: 29/09/2020
The Society of Mortgage Professionals (SMP) has urged brokers concerned that a customer is attempting to commit mortgage application fraud to “under no circumstances” submit the proposal to a lender
Posted: 29/09/2020
Crystal Specialist Finance (CSF) and Together have saved a house move by taking a £65,000 bridging case from receipt to completion in 48 hours
Posted: 29/09/2020
First-time buyers are set to be overtaken by existing homeowners as the largest buyer demographic, as COVID-19 drives a shift in the profile of home buyers, according to new data published by Zoopla
Posted: 28/09/2020
Royal London has announced it is entering the equity release market having partnered with later life mortgage adviser, Responsible Life
Posted: 28/09/2020
Activity in the million pound plus housing market is “soaring” as wealthier buyers make moves to bigger houses or new locations, new analysis from Rightmove shows
Posted: 25/09/2020
Saffron for Intermediaries and MCI Mortgage Club have announced a new partnership which will see club members gain access to the society’s range of specialist mortgage products
Posted: 25/09/2020
Three-quarters of brokers do not tell their clients that they offer second charge mortgages, according to new research from Brightstar Financial
Posted: 24/09/2020
Average rent levels have dropped in seven out of 10 areas of England and Wales, new data from lettings management platform, Howsy, has revealed
Posted: 23/09/2020
The Intermediary Mortgage Lenders Association (IMLA) has announced it will be surveying its members over the coming weeks to identify the specific challenges facing lenders that are putting a strain on service levels
Posted: 23/09/2020
One Mortgage System (OMS) has extended its support and development teams with two new appointments
Posted: 23/09/2020
The Nottingham for Intermediaries has announced it is temporarily withdrawing its mortgage product range
Posted: 23/09/2020
Just Mortgages has announced that the number of brokers in its self-employed division has now surpassed 300
Posted: 23/09/2020
The coronavirus pandemic has caused 46% of first-time buyers to delay their plans of purchasing a home by an average time of nearly a year (11.4 months), according to new data from Aldermore bank
Posted: 22/09/2020
Residential property transactions in the UK increased by 15.6% in August as the impact of the stamp duty holiday on the market continued, new HMRC data has revealed
Posted: 22/09/2020
TMA Club has announced that its total lending figures between January and August were consistent with the same period in 2019
Posted: 22/09/2020
The number of landlords looking to increase the number of properties they own has jumped by 71%, according to research commissioned by The Mortgage Lender
Posted: 21/09/2020
Criteria searches from first-time buyers, first-time landlords and non-owner occupiers have seen an 18% increase since the beginning of September, according to new data from Legal & General Mortgage Club
Posted: 21/09/2020
PRIMIS Mortgage Network has announced the addition of Pepper Money to its lender panel
Posted: 21/09/2020
SDL Surveying has announced that the start of September saw the business record its three best days of case volumes in the last five years
Posted: 18/09/2020
Brilliant Solutions has announced the addition of LiveMore Capital to its panel of lenders with immediate effect
Posted: 17/09/2020
Remortgage instruction volumes across the UK fell by 31% between July and August, according to new data from LMS
Posted: 17/09/2020
Sesame Network has announced it is partnering with Mortgage Brain to assist advisers with a smooth adoption of new FCA requirements
Posted: 17/09/2020
Brokers using Mortgage Brain’s Criteria Hub can now search across a wide range of new criteria that have been added to the sourcing system, the mortgage technology expert has announced
Posted: 16/09/2020
Average house prices in the UK increased by 3.4% in the year to June, climbing from 1.1% in May, according to the latest UK House Price Index
Posted: 16/09/2020
Almost half of homeowners are on their provider’s Standard Variable Rate (SVR) and could make savings of up to £5,000 by switching to a new fixed rate deal, according to new data from Experian
Posted: 16/09/2020
The UK’s new rental hotspots are further afield from traditional commuter hubs, according to new data from Rightmove
Posted: 15/09/2020
Greenfield Mortgages has announced the completion of a bridging loan with John Charcol, Greenfield’s first deal with the mortgage broker
Posted: 15/09/2020
The average mortgage value for purchases climbed 12.4% over July and August compared to the same period in 2019, despite the impact of COVID-19 on the market, new analysis from the MCI Mortgage Club has revealed
Posted: 15/09/2020
First-time buyers who would normally commute to London could have saved an average extra £1,627.19 towards their housing deposit by working from home during the COVID-19 pandemic, according to new research from Trussle
Posted: 15/09/2020
Mortgage Advice Bureau (MAB) has announced the launch of Mortgage Advice Bureau Later Life (MAB Later Life), as part of a new strategic partnership with later life lending specialist, Key Group
Posted: 15/09/2020
Concerns about a potential cliff edge scenario for the UK’s mortgage market on 31 October could be “exaggerated”, according to new research from the Intermediary Mortgage Lenders Association (IMLA)
Posted: 14/09/2020
The FCA has confirmed the support that mortgage borrowers will receive if they continue to face payment difficulties due to COVID-19
Posted: 14/09/2020
LSL’s Financial Services business has announced that David Copland is to leave his role as LSL’s director of mortgage services at the end of October
Posted: 11/09/2020
Ipswich Building Society has today announced that it is reintroducing products within its standard residential, buy to let (including expat buy to let) and holiday let ranges
Posted: 10/09/2020
Thirty-one per cent of homebuyers have been denied a mortgage since the introduction of the stamp duty holiday, a new survey from Market Financial Solutions (MFS) has revealed
Posted: 09/09/2020
Keystone Property Finance has launched its new 'Autumn Special' products, available across both its standard and specialist buy-to-let ranges
Posted: 09/09/2020
The needs of 'non-standard' customers could end up being excluded from the development of open finance if advisers do not respond to the FCA’s Call for Input by next month, Bluestone Mortgages has said
Posted: 08/09/2020
The outstanding value of all residential mortgages loans was £1,513.3bn at the end of Q2 2020, 3.2% higher than a year earlier, according to latest figures published by Bank of England
Posted: 08/09/2020
Lenders continuing to tighten criteria is clearly still a significant issue for people with small deposits, as Knowledge Bank recorded that ‘Temporary Maximum LTV Restrictions’ topped broker searches last month for the sixth month running
Posted: 08/09/2020
Zephyr Homeloans has become the latest lender to join the Intermediary Mortgage Lenders Association (IMLA), bringing the total number of IMLA members to 43
Posted: 08/09/2020
David Landen has been named as Hodge’s new CEO, with immediate effect
Posted: 07/09/2020
August saw the second highest monthly volume of ESIS generated through Mortgage Brain's sourcing system thus far in 2020
Posted: 07/09/2020
House prices were 1.6% higher in August than in July and 1.3% higher in the latest quarter (June to August) compared to the preceding three months (March to May)
Posted: 07/09/2020
Foundation Home Loans has announced that its director of marketing, Jeff Knight, will be leaving the business this month
Posted: 04/09/2020
New house purchase lending was down 48% for Q2 2020 compared to Q2 2019, according to latest figures published by UK Finance in its Household Finance Review 2020
Posted: 04/09/2020
The number of first-time buyers in Scotland is at a seven-year low, having fallen by 35% in the last year, according to new data from the Bank of Scotland
Posted: 03/09/2020
House prices for first-time buyers have increased by 69% over the past decade, with the average price of £142,473 in 2010 rising to £241,025 today, new data from Halifax has revealed
Posted: 03/09/2020
Responsible Life has reported a 52% annual surge in lifetime mortgages sales, with retirees increasingly looking to equity release as part of their financial planning
Posted: 03/09/2020
The Nottingham for Intermediaries has announced the addition of Ingard to its mortgage distribution panel
Posted: 03/09/2020
UK house prices saw a rise of 2.0% in August after taking account of seasonal effects, according to the latest Nationwide House Price Index
Posted: 02/09/2020
PMS Mortgage Club has announced it is expanding its Zenith protection panel for directly authorised (DA) firms with the addition of six new providers
Posted: 02/09/2020
Parents in England are facing a £195,919 premium to live near an Ofsted rated ‘outstanding’ state secondary school, new research from Trussle has revealed
Posted: 01/09/2020
The remortgage market is sprouting “green shoots of recovery”, according to new data released by Legal Marketing Services (LMS)
Posted: 01/09/2020
UK households borrowed an additional £2.7bn secured on their homes during July, up from £2.4bn in June, new data published by the Bank of England (BoE) has revealed
Posted: 01/09/2020
Accord Mortgages has announced that from today it will no longer accept new lending applications from applicants on furlough
Posted: 01/09/2020
The ‘Bank of Mum and Dad’ (BoMaD) will be a driving force behind the recovery of the UK’s housing market in the wake of the COVID-19 crisis, according to new research from Legal & General and Cebr
Posted: 01/09/2020
Vida Homeloans has announced a full return to the intermediary mortgage market, as well as the launch of a new AI-driven chatbot
Posted: 01/09/2020
Mortgage Brain has announced Virgin Money as the latest lender to join its multi-lender application and submission gateway, Lendex
Posted: 01/09/2020
Mortgage Engine has announced a new partnership with software provider, 360 Dotnet
Posted: 01/09/2020
Over-65s have seen their property wealth increase by more than £6,000 each on average in the past year, despite the housing market going into lockdown, according to new analysis from Key
Posted: 28/08/2020
Knowledge Bank has announced it is making appointments in three new roles following a significant uptake of its criteria search system since the start of the COVID-19 pandemic
Posted: 27/08/2020
SimplyBiz Mortgages has announced the addition of buy-to-let (BTL) lender Zephyr Homeloans to its panel with immediate effect
Posted: 27/08/2020
House prices are set to hold firm for the remainder of the year despite rising unemployment and the onset of recession in the UK, according to the latest Zoopla House Price Index
Posted: 27/08/2020
Dudley Building Society has announced it is making a phased return to lending with its core range of residential mortgages
Posted: 27/08/2020
Sixty-six per cent of homeowners over the age of 50 fear being forced into selling their family home to be able to afford later life care, according to research from Nationwide
Posted: 26/08/2020
Thousands of sellers are coming to the property market in the southern commuter belt as a result of the stamp duty holiday, according to new Rightmove data
Posted: 26/08/2020
The FCA has announced new draft proposals for firms to provide tailored support to mortgage borrowers facing payment difficulties due to COVID-19
Posted: 26/08/2020
Stonebridge has revealed it processed over £1bn worth of mortgage applications during July
Posted: 26/08/2020
Principality Building Society has announced a new partnership with Iress to streamline the mortgage process for the society’s brokers, colleagues and customers
Posted: 26/08/2020
Buy-to-let (BTL) gross mortgage lending totalled £42.2bn in 2019, reflecting a rise of 4.2% against 2018, new data published by UK Finance has revealed
Posted: 25/08/2020
Demand for property in the UK has surged since markets reopened in May, as pent-up demand, the stamp duty holiday and extension of the furlough scheme all continue to support a strong recovery in the market, according to analysis from Knight Frank
Posted: 24/08/2020
House prices in Wales remained steady during the second quarter of 2020 despite the coronavirus pandemic, with the average house price reaching £191,880
Posted: 24/08/2020
There were 70,710 residential property transactions in the UK during July, a total 14.5% higher than the number recorded in June, new HMRC figures have revealed
Posted: 21/08/2020
The UK’s housing supply could struggle to match the post-lockdown demand from home buyers, new figures from Legal & General Mortgage Club have revealed
Posted: 20/08/2020
Mortgage Brain has reported that a total £10bn worth of affordability checks have been carried out through its sourcing system, Affordability Hub
Posted: 20/08/2020
More than twice as many principals, advisers and administrators are worrying about the impact of a second coronavirus lockdown than about Brexit, according to new research from the MCI mortgage club
Posted: 20/08/2020
Reliance Bank has announced a new partnership with Knowledge Bank to improve the way its mortgage criteria is shared with the intermediary market
Posted: 19/08/2020
Mansfield Building Society has announced a new partnership with Brilliant Solutions Mortgage Club
Posted: 19/08/2020
The average house price in the UK increased by 2.6% over the year to April 2020, down from 3.5% in March, new data published by the Office for National Statistics (ONS) has revealed
Posted: 19/08/2020
Intermediaries are confident about the mortgage market’s prospects after a busy second quarter of 2020, according to new data from the Intermediary Mortgage Lenders Association (IMLA)
Posted: 19/08/2020
Air Mortgage Club has announced the addition of specialist mortgage lender, LiveMore Capital, to its panel
Posted: 18/08/2020
More needs to be done to support the UK’s mortgage prisoners if recent FCA changes are to gain traction within the intermediary market, according to Concept Financial Services
Posted: 17/08/2020
The post-lockdown mini-boom in the housing market is showing signs of accelerating rather than slowing down, according to the latest Rightmove House Price Index
Posted: 17/08/2020
Legal & General Mortgage Club has announced Canada Life and Just as the latest lenders to join its panel
Posted: 17/08/2020
PRIMIS Mortgage Network has announced a new partnership with intermediary-only specialist lender, Foundation Home Loans
Posted: 17/08/2020
The Land Registry has announced that it will resume its publication of the UK House Price Index, following the suspension of the index in May
Posted: 14/08/2020
Dynamo for Intermediaries has announced that Saffron Building Society has joined its lender panel
Posted: 14/08/2020
Remortgage instruction volumes around the UK fell by 24% between June and July, according to new data published by Legal Marketing Services (LMS)
Posted: 14/08/2020
Saffron Building Society has highlighted that not all lenders are penalising borrowers who are unable to save for their deposit, as the mortgage industry starts to tighten its criteria
Posted: 13/08/2020
The housing market gained momentum in July as its recovery continued, according to July’s RICS UK Residential Survey
Posted: 13/08/2020
There were 73,580 homeowner mortgages in arrears of 2.5% or more of the outstanding balance in the second quarter of 2020, a figure 3% lower than in the same quarter last year, new UK Finance figures have revealed
Posted: 13/08/2020
The Brightstar Group has become the first business in the mortgage market to launch its own Track & Trace system
Posted: 11/08/2020
TMA Club has announced it is adding LiveMore Capital to its lifetime mortgage panel
Posted: 11/08/2020
The stamp duty holiday has not had an immediate impact on the UK mortgage market in the month since Rishi Sunak’s announcement, according to new data from Trussle
Posted: 11/08/2020
The MCI Mortgage Club has added LiveMore Capital to its panel and extended its range of products to include retirement interest only (RIO) mortgages
Posted: 11/08/2020
The number of house offers accepted in UK markets between 8 July and 3 August was 146% above the five-year average for properties valued at less than £1.5m, new analysis from Knight Frank has revealed
Posted: 10/08/2020
UK house prices in July were 1.6% higher than they were in June, according to new data published in the latest Halifax House Price Index
Posted: 07/08/2020
More homebuyers currently living in some of the biggest UK cities are planning to move to village locations, according to new analysis from Rightmove
Posted: 06/08/2020
The second charge mortgage market saw a 74% annual fall during June as £27m in new business was conducted, new figures published by the Finance & Leasing Association (FLA) have revealed
Posted: 06/08/2020
Broker criteria searches in July provided strong indicators that the housing market is still being affected by lockdown, according to Knowledge Bank
Posted: 06/08/2020
Mortgage Brain has reported that it saw more ESIS generated through its sourcing systems in July than any other month so far in 2020
Posted: 06/08/2020
Criteria searches related to applicants on a visa have risen by 146% for buy-to-let (BTL) enquiries since May, as well as 97% for residential criteria enquiries, data from Legal & General Mortgage Club has revealed
Posted: 05/08/2020
Average rents across the UK dipped by -0.3% in June, and by -0.8% over the second quarter of the year, to take the annual growth in UK rents to +1.1%, new data from Zoopla has revealed
Posted: 05/08/2020
Mortgage brokers were the worst hit advice channel during the second quarter of the year, with a 23% decrease in new business year-on-year, data from iPipeline has revealed
Posted: 04/08/2020
The Government has extended the Help to Buy scheme deadline to help customers that may have experienced delays in construction due to coronavirus
Posted: 03/08/2020
Lenders are returning to the first-time buyer mortgage market with higher LTV products changing rapidly, new analysis from Defaqto has revealed
Posted: 03/08/2020
Click2Check has announced Chartwell Mortgage Services as the latest advisory firm to sign up for its Credit Assess product
Posted: 03/08/2020
UK house prices rose by 1.7% in July after taking account of seasonal effects, offsetting the 1.6% fall in June, data from the latest Nationwide House Price Index has revealed
Posted: 31/07/2020
The MCI Mortgage Club has partnered with Richdale Compliance Consultancy to launch a new compliance proposition for new and existing mortgage and protection members
Posted: 30/07/2020
Mortgage Brain has revealed that the volume of ESIS generated through its sourcing systems have surpassed pre-pandemic levels for the first time since COVID-19 struck in the UK
Posted: 29/07/2020
Gatehouse Bank has announced it is joining the platform of criteria search specialist, Knowledge Bank
Posted: 29/07/2020
The number of mortgage approvals for house purchases increased to 40,000 in June, up from the record low of 9,300 in May, according to new data published by the Bank of England (BoE)
Posted: 29/07/2020
A total £698m of property wealth was accessed by older homeowners in the second quarter of 2020, a figure down by 34% from the previous quarter, according to new data published by the Equity Release Council (ERC)
Posted: 28/07/2020
New agreed house sales are running 28% above pre-lockdown levels as the recent surge in property demand converts into sales, the latest Zoopla House Price Index has suggested
Posted: 28/07/2020
Twenty-three per cent of those planning to buy their first property say they have been able to save more during lockdown, research from The Nottingham has revealed
Posted: 28/07/2020
Kensington Mortgages has raised £650m of funding through the wholesale financial markets
Posted: 27/07/2020
Landbay has announced the launch of a new funding partnership with a UK bank
Posted: 27/07/2020
Yorkshire Building Society (YBS) has advanced 3,002 mortgages to first-time buyers and completed 31,384 mortgages in the first six months of 2020
Posted: 23/07/2020
The Intermediary Mortgage Lenders Association (IMLA) has announced that it welcomes the newly published recommendations from the Law Commission to transform home ownership for millions of people in England and Wales
Posted: 22/07/2020
Mortgage Brain has reported that the number of ESIS generated through its sourcing systems increased by 3% last week, maintaining their recovery to reach the same levels as those seen before the COVID-19 pandemic
Posted: 22/07/2020
There were 63,250 residential property transactions in the UK during June, according to new data published by HMRC
Posted: 21/07/2020
Zephyr Homeloans has joined the mortgage panel of financial advice and investment network, Openwork
Posted: 21/07/2020
Recent growth in the number of remortgage instructions has started to slow in July, according to new data from Legal Marketing Services (LMS)
Posted: 20/07/2020
PropertyPal Mortgages has partnered with eKeeper to launch its own mortgage pre-approval software and speed up the initial stages of its mortgage application process
Posted: 20/07/2020
Lenders have reported decreasing demand for secured lending for both house purchase and remortgaging in the second quarter of 2020, but this demand is expected to increase in Q3, according to new research from the Bank of England (BoE)
Posted: 16/07/2020
Mortgage Brain has reported the numbers of ESIS generated through its sourcing systems have continued their recovery from the impact of COVID-19 over the last week, increasing by 3.4%
Posted: 15/07/2020
Air Later Life Academy (LLA) has announced it is extending its relationship with retirement product specialist, Hodge Bank
Posted: 15/07/2020
The FCA has commenced proceedings in the High Court against London Property Investments (UK) Limited (LPI), NPI Holdings Limited (NPI), Daniel Stevens (the sole director and shareholder of both companies) and his father Anthony Kafetzis
Posted: 13/07/2020
Mortgage brokers’ criteria searches are up by more than two-thirds (68%) as the market responds to COVID-19, according Knowledge Bank’s mortgage criteria activity tracker, and the increase was especially pronounced in the residential market, with searches up by nearly four-fifths (79%)
Posted: 13/07/2020
The Mortgage Lender has topped £1bn in buy-to-let (BTL) applications following a record £100m in applications during June
Posted: 13/07/2020
Property instructions in April and May 2020 were down 90% and 73% respectively on the equivalent months in 2019, but June saw a significant rebound, with instructions down just 26% on the corresponding month last year, and up 178% on May 2020
Posted: 13/07/2020
Nationwide has reported it saw a significant increase in traffic to its online mortgage affordability tools this week, following the Government’s changes to stamp duty announced on Wednesday
Posted: 10/07/2020
The Conveyancing Association (CA) has urged the Welsh Government to speed up the reopening of its housing market to match the recent changes to Stamp Duty Land Tax (SDLT) introduced with immediate effect in both England and Northern Ireland. The trade body for the conveyancing industry pointed to the lack of any evidence in England to suggest the opening of the housing market has caused an increase in COVID-19 cases
Posted: 10/07/2020
Fifty-three per cent of property and commercial finance brokers have reported they are open for business with 100% of their pre-COVID-19 capacity, according to research from United Trust Bank (UTB)
Posted: 09/07/2020
The UK housing market is showing initial signs of recovery as new buyers and sellers come in to the market, according to the June 2020 RICS UK Residential Market Survey
Posted: 09/07/2020
The Nottingham has announced new plans to enter into an alliance with Belvoir Group
Posted: 09/07/2020
The Chancellor has announced an immediate temporary holiday on stamp duty for the first £500,000 of all property sales in England and Northern Ireland
Posted: 08/07/2020
The number of products on the mortgage market has continued its steady improvement and increased by 1.1% last week to a new post-lockdown high of 9,266, new data from Mortgage Brain has revealed
Posted: 08/07/2020
House prices in June were 0.1% lower than in May, according to the latest Halifax House Price Index
Posted: 07/07/2020
The COVID-19 pandemic has not dissuaded first-time buyers from pressing ahead with their housing plans as 93% are still considering buying in 2020, new research from Legal & General Mortgage Club has revealed. The mortgage club also stated that a majority 51% of first-time buyers have indicated they “definitely intend to buy” this year
Posted: 07/07/2020
Hanley Economic Building Society has reported a 35% increase in self-build advances over an 18-month period running from the beginning of January 2019 to the end of June 2020
Posted: 07/07/2020
The MCI mortgage club has appointed Zephyr Homeloans to its panel of specialist lenders for buy-to-let (BTL) products
Posted: 07/07/2020
Accord Mortgages has announced it is suspending all lending on its 90% loan-to-value (LTV) products for first-time buyers
Posted: 06/07/2020
Ipswich Building Society has announced it is withdrawing all of its buy-to-let (BTL) products, including expat BTL and holiday let mortgages, with immediate effect
Posted: 06/07/2020
Country houses valued above £5m saw the strongest price growth of any property type in the UK in the three months to June, according to Knight Frank
Posted: 06/07/2020
The Government is expected to reveal new plans this week that will exempt most homebuyers from paying any stamp duty, according to reports
Posted: 06/07/2020
Halifax has announced its mortgage applications have continued to rise seven weeks after the housing market reopened
Posted: 03/07/2020
A total of £21m worth of new business in the second charge mortgage market was conducted during May, an 81% drop from the same month last year, new data from the Finance & Leasing Association (FLA) has revealed
Posted: 03/07/2020
The number of remortgage instructions dipped slightly in the final week of June and was down on the previous week by 8.2%, new data from Legal Marketing Services (LMS) has revealed
Posted: 02/07/2020
PRIMIS Mortgage Network has revealed the number of applications it received between April and June rose by 30% compared to the same period in 2019
Posted: 02/07/2020
Mortgage Brain has reported that the proportion of ESIS generated by its sourcing systems for property purchases have now increased past the levels it before the pandemic
Posted: 01/07/2020
Bringing stamp duty down would be an important stimulus for the housing market and reinvigorate the housing ‘micro-economy’, according to MHA MacIntyre Hudson
Posted: 01/07/2020
Annual house price growth slowed to -0.1%, from 1.8% in May, the first time that annual house price growth has been in negative territory since December 2012, according to the latest Nationwide House Price Index
Posted: 01/07/2020
The Intermediary Mortgage Lenders Association (IMLA) has welcomed the changes to planning regulation announced by Boris Johnson yesterday
Posted: 01/07/2020
The Progressive Building Society has announced that its criteria has been added to Knowledge Bank’s mortgage criteria search system
Posted: 30/06/2020
The Mortgage Lender has announced it is returning to offer physical valuations on buy-to-let (BTL) applications for properties in Scotland and Wales, after COVID-19 restrictions were relaxed by the devolved Governments
Posted: 29/06/2020
The number of mortgage approvals for house purchase slumped to 9,300 in May, almost 90% below February’s level and around a third of their trough during the financial crisis in 2008, new Bank of England (BoE) data has revealed
Posted: 29/06/2020
The number of remortgage instructions remained steady in the third week of June and was up 5% compared with the final week in May, new data released by Legal Marketing Services (LMS) has revealed
Posted: 25/06/2020
There were 1,023,000 interest-only homeowner mortgages outstanding at the end of 2019, a figure 8.9% fewer than in 2018, new data published by UK Finance has revealed
Posted: 24/06/2020
The number of rental deposit disputes lodged with Hamilton Fraser’s government-authorised deposit scheme, mydeposits, has fallen by 15% across England so far this year
Posted: 24/06/2020
Product numbers on the mortgage market increased last week to the highest level seen since the COVID-19 pandemic struck the UK, according to new data from Mortgage Brain
Posted: 24/06/2020
A surge in demand for property is expected to delay house price falls and push them towards the end of 2020, according to the latest UK House Price Index by Zoopla
Posted: 24/06/2020
The Conveyancing Association (CA) has urged the Welsh Government to go “further” and “faster” in opening up its housing market
Posted: 23/06/2020
Half of prospective homebuyers in the UK have been denied a mortgage during the COVID-19 crisis despite having an agreement in principle, according to new research from Butterfield Mortgages Limited (BML)
Posted: 23/06/2020
The number of residential property transactions in the UK climbed 16% in May compared to the previous month, new data published by HMRC has revealed. Figures showed the provisional seasonally adjusted estimate had risen to 48,450 during May, although this represented a drop of 49.6% in comparison to May 2019
Posted: 23/06/2020
First 4 Bridging (F4B) has announced the addition of Hampshire Trust Bank to its lending panel
Posted: 23/06/2020
Landbay has announced it has joined the Lender Exchange in order to access a greater variety of conveyancing solicitors
Posted: 22/06/2020
Paradigm Mortgage Services has added buy-to-let (BTL) mortgage lender, Zephyr Homeloans, to its panel
Posted: 22/06/2020
A total of 1.9 million mortgage payment holidays have been granted to struggling homeowners in the three months since the launch of the scheme, according to UK Finance
Posted: 19/06/2020
Fifty-two per cent of directly authorised brokers believe that technology advances will have a “high” or “very high" impact on their business over the next 24 months, according to a new survey
Posted: 19/06/2020
Instruction volumes for remortgages continued to increase through June, according to the latest data gathered by Legal Marketing Services (LMS), rising 8.9% between the first and second week of the month
Posted: 18/06/2020
Paradigm Mortgage Services has announced it has increased its number of member firms by 10.9%, up to 1,544 from 1,392 at the end of March 2019
Posted: 17/06/2020
The number of UK mortgage approvals slumped by 71.76% between March and April, according to data gathered by Buyshares.co.uk
Posted: 17/06/2020
Mortgage Brain has reported the overall ESIS numbers produced from its sourcing systems have stabilised at pre-pandemic levels, with a small increase of 2.4% on the preceding week
Posted: 17/06/2020
MCI Club has integrated its digital broker platform, Burrow, into Knowledge Bank’s application programming interface (API)
Posted: 17/06/2020
One-bed properties are proving to be the best financial investment when it comes to buy-to-let (BTL) rental yields across the UK’s major cities, according to new research from Howsy
Posted: 16/06/2020
The Intermediary Mortgage Lenders Association (IMLA) has suggested that lenders have been committed to supporting their existing customers since the housing market reopened
Posted: 15/06/2020
The first week of June saw a 6% rise from the average weekly remortgage instruction volumes recorded during June last year, new data published by Legal Marketing Services (LMS) has revealed
Posted: 12/06/2020
There was a significant increase in the number of advisers searching for criteria around interest-only mortgages between April and May, according to new data from Legal & General Mortgage Club
Posted: 12/06/2020
The headline net balance for new home buyer enquiries in the UK moved from a record low of -94% in April to post a reading of -5% in May, according to the May 2020 RICS Residential Market Survey
Posted: 11/06/2020
Demand for mortgages has returned to pre-lockdown levels with enquiries for May showing a 57% rise from April, new analysis from Experian has revealed
Posted: 11/06/2020
IFAs and brokers are enhancing their protection for older customers during the coronavirus crisis, according to new research from Key Partnerships
Posted: 11/06/2020
Mortgage Brain has reported another rise in the volume of ESIS produced by its sourcing systems to reach levels “very close” to those seen before the COVID-19 pandemic
Posted: 10/06/2020
The outstanding value of all residential mortgages loans was £1.51bn at the end of the first quarter of the year, a figure 3.9% higher than a year ago, according to new Bank of England (BoE) figures
Posted: 09/06/2020
The MCI Mortgage Club has announced the appointment of Harpenden Building Society to its lender panel
Posted: 09/06/2020
A total £32m worth of business was agreed in the second charge mortgage market during April, reflecting a 68% fall from 12 months ago, according to the latest new business figures released by the Finance & Leasing Association (FLA)
Posted: 08/06/2020
Satisfaction amongst mortgage brokers with the lenders that they deal with has increased to 82.7%, up from 81.1% in the second half of 2019, a new study has revealed
Posted: 08/06/2020
House prices in the UK during May were 0.2% lower than they were in April, according to new data published in the latest Halifax House Price Index
Posted: 05/06/2020
Key Partnerships, the equity release referral service for retirement finance business, Key Group, has announced a new referral partnership with Paradigm mortgage club
Posted: 05/06/2020
Remortgage instruction volumes increased by 8.1% from April to May, new data from Legal Marketing Services (LMS) has revealed
Posted: 04/06/2020
Mortgage lending was flat in the first three months of 2020 compared with a year ago, while an increase in buy-to-let (BTL) activity was offset by a drop in first-time buyers, new UK Finance data for the first quarter has revealed. Figures suggested regional variations in activity are a likely reflection of the market disruption due to the coronavirus pandemic
Posted: 04/06/2020
COVID-19 continued to dominate the attention of brokers during May, with ‘COVID-19: Temporary Maximum LTV Restrictions’ featuring prominently across four of the seven categories recorded by Knowledge Bank’s criteria tracker
Posted: 04/06/2020
Accord Buy To Let has announced it is relaunching its product range at 80% loan-to-value (LTV) for both remortgage and house purchase landlords
Posted: 03/06/2020
Mortgage Brain has reported that the ESIS volumes produced by its sourcing systems have increased by 11.5% over the last week, continuing its recent resurgence
Posted: 03/06/2020
The number of mortgage approvals for house purchase experienced a sharp fall during April to 15,800, a figure around 80% below the level recorded in February, new Bank of England (BoE) statistics have revealed
Posted: 02/06/2020
Lenders have issued 1.86 million mortgage payment holidays as of 28 May 2020, new figures from UK Finance have revealed
Posted: 02/06/2020
House prices in the UK have suffered the largest monthly fall since February 2009 and dropped by 1.7% during May, according to new data published by Nationwide
Posted: 02/06/2020
The FCA has confirmed the support that firms should provide mortgage customers who are either coming to the end of a mortgage payment holiday or who are yet to request one
Posted: 02/06/2020
PRIMIS Mortgage Network has revealed that its product desk resolved a total of 4,641 inbound queries from brokers during March and April
Posted: 01/06/2020
Mortgage intermediaries are remaining confident in their own business outlooks following the first quarter of 2020, according to new research published by the Intermediary Mortgage Lenders Association (IMLA)
Posted: 29/05/2020
Mortgage payment holidays could add debts totalling as much as £665.08 to a mortgage, according to analysis from money.co.uk and Koodoo
Posted: 28/05/2020
One Mortgage System (OMS) has announced a stage one integration with United Trust Bank (UTB) to offer brokers and networks quicker access to a wider range of specialist lending solutions
Posted: 28/05/2020
The Intermediary Mortgage Lenders Association (IMLA) has urged the Government to consider easing restrictions to help first-time homebuyers lead an economic recovery during the COVID-19 pandemic
Posted: 28/05/2020
Pent-up demand in the property market is now exceeding the levels recorded before the UK went into lockdown, new analysis from Zoopla has revealed
Posted: 27/05/2020
Knowledge Bank has announced a new partnership with specialist lender, Hodge, to provide brokers with comprehensive criteria sourcing of Hodge's product range on its own intermediary website
Posted: 27/05/2020
Mortgage Brain has reported that both the product numbers on the mortgage market and ESIS volumes produced from its sourcing systems have continued their recent improvement over the last week
Posted: 27/05/2020
Intermediaries remain confident in the mortgage market’s prospects for the next 12 months despite the ongoing coronavirus crisis, according to research from Masthaven Bank
Posted: 26/05/2020
Zephyr Homeloans has resumed physical valuations following the removal of the Government's restrictions on inspections
Posted: 22/05/2020
Homeowners struggling to pay their mortgage due to coronavirus will be able to extend their mortgage payment holiday for a further three months, according to new FCA proposals
Posted: 22/05/2020
Chancellor, Rishi Sunak, is believed to be planning an extension to the scheme offering three-month mortgage payment holidays, according to reports
Posted: 21/05/2020
The provisional seasonally adjusted estimate of UK property transactions for April was 46,440 residential and 5,930 non-residential, new figures published by HMRC has revealed
Posted: 21/05/2020
Remortgage instruction volumes returned to their level before lockdown thanks to a growth of 39.7% between the second and third weeks of May, new data from Legal Marketing Services (LMS) has revealed
Posted: 21/05/2020
Paradigm Mortgage Services has announced the addition of buy-to-let (BTL) and specialist lender, Paragon Bank, to its lender panel
Posted: 21/05/2020
Average house prices in the UK increased by 2.1% over the year to March, up from 2.0% in February, new data published by the Office for National Statistics (ONS) and the Land Registry has revealed
Posted: 20/05/2020
Mortgage Brain has reported increases in both the number of mortgage products on the market as well as the volume of ESIS produced from its own mortgage sourcing systems, each reaching their highest level since their post-pandemic lows
Posted: 20/05/2020
Aspen Bridging has been appointed to Beneficial network’s Specialist Mortgage Lender Panel with immediate effect
Posted: 20/05/2020
Tenet Group has announced a new partnership with Knowledge Bank to provide both its network members and directly authorised clients with access to Knowledge Bank’s mortgage criteria search system
Posted: 19/05/2020
Just Group has announced it is recommencing with physical valuations in England from today
Posted: 18/05/2020
Trussle has announced it saw mortgage enquiries plummet by 37% from March to April, just as the UK’s lockdown measures came into full effect
Posted: 18/05/2020
The number of remortgage products at 90% LTV has dropped from 189 in March to just 34, research from Defaqto has revealed
Posted: 15/05/2020
Seventy-seven per cent of brokers believe mortgage lending will recover to pre-coronavirus levels within nine months, according to new research published by Smart Money People
Posted: 15/05/2020
There were 13 second charge mortgage repossessions in the first quarter of 2020, a figure 45.8% lower than the first quarter of 2019, new figures released by the Finance & Leasing Association (FLA) have revealed
Posted: 14/05/2020
Fleet Mortgages has announced it has recommenced with physical valuations in England on its pipeline business, with new applications being processed as usual
Posted: 14/05/2020
Instruction volumes for remortgage dropped by 25.6% between the first and second weeks of May, according to new data released by Legal Marketing Services (LMS)
Posted: 14/05/2020
There were 72,380 homeowner mortgages in arrears of 2.5% or more of the outstanding balance during the first quarter of 2020, a figure 6% fewer than in the first quarter of last year, new UK Finance data has revealed
Posted: 14/05/2020
One Mortgage System (OMS) has announced a partnership with Uinsure to bolster its general insurance (GI) offering
Posted: 14/05/2020
The Conveyancing Association (CA) has announced its support for a cross-industry guide on reopening the housing market to help enable people to move home safely
Posted: 13/05/2020
Bluestone Mortgages has announced that it will be recommencing new lending activity from today
Posted: 13/05/2020
The Government has set out new plans to reopen the housing market and allow people to move home again
Posted: 13/05/2020
Mortgage Brain has reported the number of ESIS produced from its mortgage sourcing systems has increased for the second week in a row
Posted: 13/05/2020
“Covid-19: Temporary Maximum LTV Restrictions” was the most frequent criteria search across the residential, buy-to-let (BTL), second-charge, and bridging markets during April, according to new data released by Knowledge Bank
Posted: 12/05/2020
A total of £93m in new business was conducted in the second charge mortgage market during March, a 14% drop from a year ago, according to new data published by the Finance & Leasing Association (FLA)
Posted: 07/05/2020
Remortgage instruction volumes dropped by 23% between March and April, according to new data published by Legal Marketing Services (LMS)
Posted: 07/05/2020
Mortgage Brain has revealed the number of ESIS produced from its mortgage sourcing systems increased last week for the first time in six weeks
Posted: 06/05/2020
Sesame Bankhall Group (SBG) has unveiled the launch of a new bounce back hub to help firms navigate towards a post-crisis market and emerge stronger from the coronavirus pandemic
Posted: 06/05/2020
Answers in Retirement Group (Air Group) has announced a new partnership with Knowledge Bank to create a ‘super software’ between its Air Sourcing platform for later life advisers, and Knowledge Bank’s mortgage criteria search tool
Posted: 06/05/2020
Paradigm Mortgage Services has announced a new partnership with MyGabriel Accounting Solution
Posted: 05/05/2020
The Intermediary Mortgage Lenders Association (IMLA) has announced that TSB Bank has joined as the latest member of the trade body
Posted: 05/05/2020
Mortgage approvals for house purchase fell to 56,200 during March, their lowest level since March 2013, new statistics published by the Bank of England (BoE) have revealed
Posted: 01/05/2020
Annual house price growth in the UK edged up to 3.7% during April, rising from 3% in March, according to data from the latest Nationwide House Price Index
Posted: 01/05/2020
The Covid-19 pandemic will see a shift in business models amongst directly authorised (DA) mortgage advisory firms, according to PMS Mortgage Club
Posted: 01/05/2020
Remortgage instruction volumes grew by 12.8% in the seven days between 13 and 20 April, increasing for the second week in a row, according to new data from Legal Marketing Services (LMS)
Posted: 29/04/2020
The Mortgage Market Alliance (MMA) has warned that borrowers shouldn’t just have to “accept” a product transfer if they have taken out a mortgage payment holiday from their lender
Posted: 29/04/2020
The number of available mortgage products on the market increased for the second week in a row to 8,044 products, reflecting a 5.9% increase of 488 products from the previous week, according to the latest figures from Mortgage Brain
Posted: 29/04/2020
UK tenants paid average monthly rents of £775 during the first quarter of 2020, an increase of just £2 or 0.26% on the final quarter of last year, according to new data from The Deposit Protection Service (The DPS)
Posted: 29/04/2020
Lenders have offered more than 1.6 million mortgage payment holidays as of Friday 24 April 2020 to support customers facing financial difficulties due to coronavirus, new UK Finance figures have revealed
Posted: 28/04/2020
Hanley Economic Building Society has announced it is partnering with DPR to begin an overhaul of its current mortgage and savings platforms, and to revamp its back-office systems
Posted: 28/04/2020
Demand for rental property picked up in April with prospective tenants starting to plan for life after lockdown, according to research from Knight Frank
Posted: 27/04/2020
The MCI Mortgage Club has expanded its panel to include Reliance Bank, increasing the number of ethical options available to its members
Posted: 27/04/2020
The number of remortgage instructions increased by 9% during the week between 6 and 13 April, according to new data from Legal Marketing Services (LMS)
Posted: 24/04/2020
Aspen Bridging has announced it will lend on “pre Covid-19 property values”, becoming the first UK lender to do so
Posted: 23/04/2020
Nationwide has announced it is extending its mortgage lending through brokers as well as online up to 85% loan-to-value (LTV)
Posted: 22/04/2020
Average house prices in the UK increased by 1.1% over the year to February 2020, down from 1.5% in January, new figures published by the Office for National Statistics (ONS) revealed
Posted: 22/04/2020
Lenders are likely to issue almost 350,000 fewer mortgages for house purchase this year than they otherwise would have done had the UK not entered lockdown, analysis from Knight Frank has revealed
Posted: 21/04/2020
Average rates for equity release dropped to a record low of 4.48% in the second half of 2019 while two out of every five products had rates lower than 4%, the Equity Release Council (ERC) Spring Market Report has revealed
Posted: 21/04/2020
Demand for rented properties bounced back 30% in the two weeks to 14 April, after falling 57% in the wake of the coronavirus pandemic, according to Zoopla’s latest quarterly Rental Market Report
Posted: 21/04/2020
Mortgage Brain has announced that it saw the number of products on the mortgage market stabilise last week, following several weeks of substantial falls
Posted: 20/04/2020
Impact Specialist Finance has introduced a ‘Specialist Lending Covid-19 Update’ for intermediaries
Posted: 17/04/2020
MCI Mortgage Club has announced the appointment of OneFamily to its lender panel, extending its range of products to include lifetime mortgages
Posted: 16/04/2020
The Government is considering an extension to the Help to Buy scheme as part of a range of measures to get the industry building houses again once the current lockdown imposed by coronavirus has relaxed
Posted: 15/04/2020
Mortgage holders in the UK could save over £5,000 on their mortgage payments by switching to a new fixed rate offer, according to new research from Experian
Posted: 15/04/2020
One Mortgage System (OMS), has announced it is offering a free Knowledge Bank licence for every new user to help support the intermediary market during the coronavirus pandemic
Posted: 15/04/2020
There was £107m worth of new business in the second charge mortgage market during February this year, reflecting a 9% change from last year, new data published by the Finance & Leasing Association (FLA) revealed
Posted: 14/04/2020
Over 1.2 million mortgage payment holidays have been offered by lenders to customers impacted by coronavirus, UK Finance has revealed
Posted: 14/04/2020
Mortgage Brain has reported a further reduction in the mortgage products that were available on the market last week to 7,477 total products, which was 7,179 fewer than the nine-week average to 16 March
Posted: 14/04/2020
‘Covid-19 Mortgage Payment Holidays’ was the most searched term in Knowledge Bank’s residential mortgages category during March, and the second most in the buy-to-let (BTL) category, new data has revealed
Posted: 14/04/2020
The number of 75% and 95% LTV mortgage products on the market has seen a significant drop of almost two-thirds as lenders respond to the coronavirus pandemic, according to data published by AmTrust
Posted: 09/04/2020
Remortgage completions dropped in the second half of March, in part reflective of the usual trend of numbers trailing off from the start to the end of the month, but initial signs from the first April data are “very positive”, according to LMS
Posted: 09/04/2020
The housing market lockdown has seen the lowest near-term sales expectations since 1998, results from the latest RICS UK Residential Market Survey revealed
Posted: 09/04/2020
UK house prices in March were 3.0% higher compared to the same month in 2019, according to new data published by Halifax
Posted: 07/04/2020
Almost half of the UK’s active house buyers stopped looking for a new home before the Government ‘suspended’ the housing market, new research from Trussle revealed
Posted: 07/04/2020
A total of 10,097 mortgage products were available on the market last week, new figures from Mortgage Brain revealed, reflecting a 31.2% reduction from the nine-week average to 16 March
Posted: 06/04/2020
PRIMIS Mortgage Network has announced the launch of a new support hub within its exclusive customer relationship management (CRM) system, Toolbox, to help its AR firms during the Covid-19 crisis
Posted: 06/04/2020
Knowledge Bank has announced the addition of second charges and bridging to its Covid-19 live feed, as an increasing number of lenders adjust to the impact caused by the coronavirus pandemic
Posted: 03/04/2020
Bluestone Mortgages has announced it will be suspending all new mortgage applications from today as part of a temporary pause in origination activities
Posted: 03/04/2020
The mortgage market “definitely remains open” and is expected to settle down in the coming weeks, according to Mortgage Advice Bureau (MAB)
Posted: 02/04/2020
The annual price growth for houses in the UK was edging higher before the coronavirus pandemic struck the country, new analysis from Nationwide has revealed
Posted: 02/04/2020
Uinsure has announced a new and exclusive partnership with Beneficial mortgage network
Posted: 01/04/2020
Three major credit reference agencies have confirmed that consumer credit scores will be protected for people with agreed “payment holidays” in place as a result of the coronavirus pandemic
Posted: 01/04/2020
Foundation Home Loans has announced it is temporarily suspending all new applications from 31 March 2020
Posted: 31/03/2020
Paradigm Mortgage Services has added a new section of information to its coronavirus support page to capture lenders’ automatic valuation model (AVM) information and LTV restrictions
Posted: 31/03/2020
The Government is being urged to ensure lenders do not use the recent Bank of England (BoE) interest rate cut to boost profits at the expense of borrowers on standard variable rate (SVR) mortgages
Posted: 31/03/2020
Nationwide has announced it is temporarily withdrawing high LTV mortgage lending to focus on supporting its existing members and processing ongoing applications during the coronavirus crisis
Posted: 31/03/2020
Mortgage Brain has announced it has seen an unprecedented change in lenders’ product ranges, as well as a reduction in the number of ESIS produced from its mortgage sourcing systems
Posted: 30/03/2020
The Conveyancing Association (CA) has endorsed industry-wide guidance to conveyancing firms advising clients on house moves during the coronavirus crisis
Posted: 30/03/2020
The number of mortgage approvals for house purchases continued to rise in February and reached 73,500, new statistics published by the Bank of England (BoE) revealed
Posted: 30/03/2020
Paradigm Mortgage Services has launched a new coronavirus support page for advisers which includes information for all intermediaries to help firms through the crisis
Posted: 27/03/2020
Housing transactions are set to drop by as much as 60% over the next three months, as the market reacts to the impact of Covid-19, according to new research by Zoopla
Posted: 26/03/2020
TMA Club has announced the addition of property finance platform, LendInvest, to its lender panel
Posted: 26/03/2020
Answers in Retirement Group (Air Group) has released an operational update in relation to the coronavirus crisis, indicating that the group primarily intends to carry on with “business as usual”
Posted: 25/03/2020
House prices in the UK increased by 1.3% in the year to January 2020, down from the 1.7% reported in December, new data from the Office for National Statistics (ONS) revealed
Posted: 25/03/2020
Yorkshire Building Society has announced that its customers who have been financially affected by the coronavirus pandemic can now apply for a mortgage payment holiday online
Posted: 24/03/2020
Mortgage Brain has announced the use of its Criteria Hub has seen a marked increase in activity following the introduction of several residential and BTL criteria specifically related to the coronavirus crisis
Posted: 24/03/2020
Sesame Bankhall Group (SBG) has announced the launch of a new support hub to help advisers support their customers through the coronavirus pandemic
Posted: 24/03/2020
The average rental deposit paid by tenants in England has fallen by 10.3% since the ban on tenant fees was introduced in June 2019, new research by Hamilton Fraser’s deposit replacement scheme, Ome, has found
Posted: 24/03/2020
Hanley Economic Building Society has been added to the lending panel of SimplyBiz Mortgages
Posted: 24/03/2020
Equity release is being used the most across all age groups for home improvements, new data from HUB Financial Solutions has revealed
Posted: 23/03/2020
Knowledge Bank has reported that 509 brokers have signed up in less than 24 hours for the free live feed tool it created yesterday
Posted: 20/03/2020
Mortgage Advice Bureau has launched a dedicated mortgage information support service to help homeowners worried about their finances as a result of the coronavirus outbreak
Posted: 20/03/2020
The Mortgage Market Alliance (MMA) has announced several steps that mortgage borrowers can take to alleviate fears during the coronavirus outbreak
Posted: 19/03/2020
Mortgage Brain has revealed a package of measures to help intermediaries and lenders during the coronavirus pandemic
Posted: 19/03/2020
Full-time employees could expect to spend approximately 7.8 times their workplace-based annual earnings on purchasing a home in England in 2019, new data published by the Office for National Statistics (ONS) revealed
Posted: 19/03/2020
Knowledge Bank has created a free tool for brokers to access the information they need to deal with the volume of enquiries they are receiving from clients during the coronavirus outbreak
Posted: 19/03/2020
Sesame Bankhall Group (SBG) has announced the combined mortgage completions in 2019 through its PMS Mortgage Club and Sesame Network were the highest for more than a decade
Posted: 19/03/2020
TMA Club has announced the addition of Gatehouse Bank to its panel of finance providers
Posted: 19/03/2020
United Trust Bank (UTB) has reported a 21% increase in new lending in 2019, having completed £994m of new loans throughout the year
Posted: 18/03/2020
Future generations of older people are more likely to live in rented accommodation than today, according to new data from the Office for National Statistics (ONS)
Posted: 18/03/2020
Chancellor, Rishi Sunak, has announced that mortgage lenders will provide a three-month mortgage holiday to people who need help during the Covid-19 outbreak
Posted: 17/03/2020
Two of the UK’s leading landlord organisations have called for a package of measures from the Government and mortgage lenders to support tenants and landlords affected by the coronavirus outbreak
Posted: 17/03/2020
LSL Property Services has confirmed it will not be merging with Countrywide
Posted: 17/03/2020
The average asking price for UK property coming to market has hit a new record high of £312,625 this month, according to data from the latest Rightmove House Price Index
Posted: 16/03/2020
OneSavings Bank has made new changes to its HMO proposition to enhance its service to brokers
Posted: 16/03/2020
PRIMIS Mortgage Network has announced that Shepherds Friendly is joining its full panel, increasing the range of income protection and over-50s life insurance solutions available to the network’s advisers
Posted: 16/03/2020
In response to the Bank of England’s (BoE’s) emergency decision to cut the base interest rate from 0.75% to 0.25% yesterday, the UK Mortgage Prisoners Action Group has released a statement indicating it would be “writing to all active lenders and inactive and/or unregulated debt collectors”
Posted: 12/03/2020
House buyers will need to exchange contracts before late summer this year to have any realistic hope of moving into a new home before the Help to Buy Equity Loan scheme ends in March 2021, according to Mortgage Advice Bureau
Posted: 12/03/2020
The number of sales of new homes across the UK has increased for the third consecutive month, as has buyer demand and new instructions, according to the February 2020 RICS UK Residential Market Survey
Posted: 12/03/2020
The Office for Budget Responsibility (OBR) has called today’s Budget the ‘largest sustained fiscal loosening’ since Norman Lamont was Chancellor in 1992, but mortgage experts have criticised the lack of relief for first-time buyers
Posted: 11/03/2020
Foundation Home Loans has announced it is joining the lender panel of specialist finance packager, Y3S Bridging & Commercial (B&C)
Posted: 11/03/2020
Fosters Financial has announced the launch of a sister company and online brokerage, Your Mortgage
Posted: 10/03/2020
The outstanding value of all residential mortgage loans was £1.5bn at the end of the fourth quarter of 2019, 3.8% higher than a year earlier, new figures published by the Bank of England (BoE) revealed
Posted: 10/03/2020
LSL Property Services, which includes PRIMIS Mortgage Network and TMA Club, has confirmed an increase in its mortgage lending and announced its mortgage completions totalled £31.7bn in 2019
Posted: 10/03/2020
Online broker searches in the equity release sector saw a significant shift during February, according to new data from Knowledge Bank, which said the month had thrown up ‘surprising results’
Posted: 10/03/2020
Lead campaigner for the UK Mortgage Prisoners Action Group, Rachel Neale, has penned an open letter to the Government ahead of Wednesday’s Budget announcement, calling for more action to be done to help the UK’s mortgage prisoners
Posted: 09/03/2020
Broker Conveyancing has announced it recorded rises in both its instruction and adviser user figures throughout 2019
Posted: 09/03/2020
PRIMIS Mortgage Network has announced the appointment of Chris Astle as regional sales director
Posted: 09/03/2020
SimplyBiz Mortgages has announced that Market Harborough Building Society has joined its lender panel with immediate effect
Posted: 09/03/2020
UK house prices increased by 2.8% in February compared to the same month a year earlier, the latest Halifax House Price Index has revealed
Posted: 06/03/2020
Nottingham Building Society has reported total assets of £3.8bn and that its gross mortgage lending was in excess of £350m in 2019
Posted: 06/03/2020
Seventy-nine per cent of home sellers instructed a high street agent in 2019, up from 63% the year before and the highest rate from the past decade, new research by Zoopla revealed
Posted: 06/03/2020
Thirteen per cent of the UK, or the equivalent of 1.2 million people, are relying on their overdrafts to cover the cost of their mortgage or rental payments, according to new research by comparethemarket.com
Posted: 05/03/2020
Mortgage Brain has revealed more than 817,000 searches were carried out on its Criteria Hub last year, an increase of 147% on the 330,309 searches performed in 2018
Posted: 05/03/2020
LendInvest has joined Legal & General Mortgage Club’s lender panel to extend the distribution of its buy-to-let (BTL) range to more brokers
Posted: 05/03/2020
Sixty-five per cent of UK adults would feel they were being judged for their past financial decisions if they needed to look for a ‘bad credit mortgage,’ according to new research carried out by YouGov for Simply Adverse
Posted: 05/03/2020
Gross mortgage lending in the UK dropped by 0.4% in 2019, the first year to see an annual fall since 2010, new data from UK Finance has revealed
Posted: 05/03/2020
Business and consumer insights expert, Equifax, has announced it is partnering with renting platform, CreditLadder.co.uk, to include rental payment data in its credit assessments
Posted: 05/03/2020
Legal & General Home Finance has joined the Intermediary Mortgage Lenders Association (IMLA)
Posted: 05/03/2020
Hinckley & Rugby Building Society has announced it oversaw a 3.7% rise in its mortgage book in 2019, attracting an additional £45m from savers during its financial year
Posted: 04/03/2020
Older homeowners are anticipating they’ll need an annual retirement income of £35,196, a sum more than double today’s average income in retirement, according to a new report published by the Equity Release Council and Key
Posted: 04/03/2020
TMA Club has announced the addition of Ipswich Building Society to its panel
Posted: 04/03/2020
Trussle has announced the appointment of Ian Larkin as the digital mortgage broker’s new chief executive officer
Posted: 03/03/2020
With new Chancellor, Rishi Sunak, set to reveal his first Budget on 11 March, next Wednesday’s announcement is expected to involve plans that ‘shake up’ the mortgage market, according to AJ Bell
Posted: 02/03/2020
Aspen Bridging has been appointed to Connect for Intermediaries’ bridging panel with immediate effect
Posted: 02/03/2020
The number of mortgage approvals for house purchase rose to 70,900 in January, the highest level since February 2016, according to new figures published by the Bank of England (BoE)
Posted: 02/03/2020
The Mortgage Lender has announced several new rate reductions to simplify its range of buy-to-let (BTL) products
Posted: 28/02/2020
Leasehold homeowners have been unfairly treated while prospective buyers have been misled by housing developers, according to the Competition and Markets Authority (CMA)
Posted: 28/02/2020
Annual house price growth in the UK increased from 1.9% in January to 2.3% in February, reaching the strongest rate for 18 months, according to the latest Nationwide House Price Index
Posted: 28/02/2020
Bankhall and PMS Mortgage Club have announced they are strengthening the protection support available to directly authorised firms by partnering with the online critical illness cover comparison tool, CIExpert
Posted: 28/02/2020
TSB has announced it is supporting the Scottish Government’s First Home Fund pilot scheme, allowing first-time buyers in Scotland to apply for a TSB mortgage to purchase their first property via the Fund
Posted: 27/02/2020
Swansea Building Society has announced it has partnered with the direct‐to‐lender mortgage club, Brilliant Solutions, providing access to a wider range of mortgage brokers
Posted: 27/02/2020
First-time buyers accounted for 81% of the total home purchases through the Help to Buy: Equity Loan scheme in the period between it’s launch in April 2013 and ending September 2019, according to new Government figures
Posted: 27/02/2020
Stonebridge has announced it achieved record results for appointed representative (AR) recruitment into the business during January
Posted: 27/02/2020
Saffron Building Society has announced it is offering mortgage customers a repayment review on a case-by-case basis in the flood affected areas of the UK
Posted: 27/02/2020
The Nottingham for Intermediaries has announced the introduction of a range of limited company buy-to-let (BTL) mortgages
Posted: 26/02/2020
The number of prospective house buyers has increased by more than a quarter since January 2019, while supply of available housing has fallen, new data published by NAEA Propertymark has revealed
Posted: 26/02/2020
House prices across all English cities have risen above pre-crisis peaks for the first time since 2007, according to new data published by Zoopla
Posted: 26/02/2020
Crystal Specialist Finance (CSF) has been appointed to Beneficial Network’s panel to deliver product solutions and education from across its six core specialist divisions
Posted: 26/02/2020
The number of mortgage products available on the UK market has risen by 9.3% over the last 12 months to a new record high, according to new data from Mortgage Brain
Posted: 25/02/2020
A new organisation, the Mortgage Market Alliance (MMA), has been launched to promote the UK mortgage industry, raise awareness among consumers about the range of options available, and highlight the importance of advice
Posted: 25/02/2020
Just Mortgages has announced the appointment of the group’s first female financial services director, Kerry-Ann Davies
Posted: 25/02/2020
First 4 Bridging (F4B) has announced the addition of investment and mortgage specialist, Castle Trust, to its lending panel
Posted: 25/02/2020
The number of remortgages reached 635,277 in 2019, reflecting a rise of 4.2% from the previous year, new data published by LMS has revealed
Posted: 24/02/2020
Almost one million mortgages were approved by the UK’s high street banks during 2019, according to a report published by LearnBonds.com
Posted: 24/02/2020
The Intermediary Mortgage Lenders Association (IMLA) has encouraged the Government to apply a ‘big thinking’ approach to housing in the upcoming Budget announcement in order to start fixing the ‘broken’ UK housing market
Posted: 24/02/2020
Foundation Home Loans has announced a new partnership with packager firm, The Mortgage Trading Company
Posted: 24/02/2020
Mortgage Intelligence has announced the addition of Newcastle Intermediaries to its lender panel
Posted: 24/02/2020
Openwork has announced that it attracted 559 new mortgage and protection advisers across its network last year
Posted: 21/02/2020
Renters are paying up to 18% more each month than those who own their own homes in some parts of the UK, according to new research published by Halifax
Posted: 21/02/2020
The UK’s buy-to-let (BTL) sector remains an ‘extremely attractive proposition’ according to the founder of Dynamo, although the BTL specialist also challenged the sector’s reliance on paper documentation
Posted: 20/02/2020
The number of approved residential mortgages dipped to 66,002 in January compared to the previous month, according to the latest Mortgage Monitor from e.surv
Posted: 20/02/2020
The MCI Club has launched a new digital mortgage broker platform that will be free to use for all existing club members, as well as new registrants
Posted: 20/02/2020
NatWest announced it has introduced a series of new measures to help support customers affected by the serious flooding across England and Wales
Posted: 19/02/2020
The average house price in the UK increased by 2.2% in the year to December 2019, a rise from 1.7% in the year to November 2019, new data from the Office for National Statistics (ONS) revealed
Posted: 19/02/2020
There were 29,490 new first-time buyer mortgages completed in December 2019, a 0.3% rise from the same month in 2018, according to new data published by UK Finance
Posted: 18/02/2020
Retired homeowners have seen their property wealth increase by more than £3,150 in the past year despite the impact of political and economic uncertainty on the housing market, new analysis from Key has revealed
Posted: 18/02/2020
Air Mortgage Club has announced the addition of Chorley Building Society to its retirement lending panel
Posted: 18/02/2020
The FCA built a ‘higher wall’ in the mortgage market when it introduced the mortgage cap in 2014, according to Hargreaves Lansdown
Posted: 17/02/2020
Almost four in 10 landlords believe that tenant demand for residential property will increase over the next 12 months, research by Paragon revealed
Posted: 17/02/2020
More than half (55%) of advisers expect their equity release business to grow over the next three years, with 12% predicting substantial growth while 43% expect modest growth
Posted: 14/02/2020
Second charge mortgage new business volumes grew by 19% in 2019, according to latest figures published by the Finance & Leasing Association (FLA)
Posted: 13/02/2020
Mortgage possession claims increased by 11% from October to December 2019, with mortgage orders rising by 24% and repossessions growing by 9% in the same period, latest figures from the Ministry of Justice have shown
Posted: 13/02/2020
Outgoing head of the FCA and future Bank of England (BoE) Governor, Andrew Bailey, is set to face pressure from the Mortgage Prisoners Campaign Group at a lobby meeting tomorrow
Posted: 12/02/2020
Eighty per cent of over-55s would opt for equity release instead of moving home, according to new research commissioned by Standard Life and leading equity release broker, Age Partnership
Posted: 11/02/2020
Intermediaries were most confident about the outlook of the mortgage market in 2019 during the final quarter of the year, according to the Intermediary Mortgage Lenders Association (IMLA)
Posted: 11/02/2020
Financial services expert, Hargreaves Lansdown, has suggested people who rely on a property alone for retirement are playing a ‘dangerous game’
Posted: 10/02/2020
more2life has launched a new online lending criteria tool to help advisers assess the likelihood of a successful equity release application
Posted: 10/02/2020
The Government has announced plans to proceed with the First Homes scheme aimed at helping more first-time buyers to step onto the property ladder
Posted: 07/02/2020
Annual house price growth saw a rise of 4.1% in January from the same month a year earlier, according to the latest Halifax House Price Index
Posted: 07/02/2020
Rental growth across England and Wales reached 6.1% in the final quarter of 2019, a figure up from the 5.4% growth achieved in the last quarter of 2018, Fleet Mortgages reported
Posted: 07/02/2020
Stonebridge has announced that it recorded £8bn in mortgage completions for 2019, with lending volumes up by 11%
Posted: 06/02/2020
The Borough of Barking and Dagenham in London is the UK’s most popular location for first-time buyers, new analysis by Zoopla revealed
Posted: 05/02/2020
PRIMIS Mortgage Network has announced the addition of specialist lender, Vida Homeloans, to its lender panel
Posted: 03/02/2020
There was £4.6bn worth of net mortgage borrowing by UK households in December, a rise above the £4.2bn average registered over the past six months, according to new statistics published by the Bank of England (BoE)
Posted: 31/01/2020
Greenfield Mortgages announced it has been added to New Leaf Distribution’s panel of bridging lenders
Posted: 31/01/2020
Foundation Home Loans has launched several new fee-assisted, remortgage products across its residential mortgage product range
Posted: 30/01/2020
Just Mortgages has announced further expansion to its New Build division by growing its team to 23 brokers before the end of the first quarter of 2020
Posted: 30/01/2020
Mortgage brokers are predicting a rise in buy-to-let (BTL) business over the next 12 months on the back of landlords expanding their portfolios and strong remortgage levels, according to new research from Paragon Bank
Posted: 29/01/2020
The average monthly payment for those who remortgaged in December decreased by £182.13, according to figures in the latest LMS Monthly Remortgage Snapshot with data for December 2019
Posted: 29/01/2020
TMA Club has announced the addition of Legal & General Home Finance to its lifetime mortgage panel
Posted: 29/01/2020
There was £116m worth of business in the second-charge mortgage market in November 2019, a 17% rise from the same month in the previous year, new business figures from the Finance & Leasing Association (FLA) revealed
Posted: 28/01/2020
There was £22.2bn in gross mortgage lending across the residential market in December 2019, bringing the annual total for the year to £265.8bn, new figures published by UK Finance revealed
Posted: 27/01/2020
Impact Specialist Finance has announced it is maintaining its position on PRIMIS’s approved specialist packager panel, following an extensive review of all panel members
Posted: 27/01/2020
The level of home ownership among people aged 65 and over reached 78.7% in 2018/19, reflecting a sustained rise from 71% in 2003-04, according to new figures released in the English Housing Survey
Posted: 23/01/2020
More than three-quarters of intermediaries are confident about the market’s prospects over the next 12 months, new research from Masthaven Bank revealed
Posted: 22/01/2020
An increasing number of people aged 65 and over are using equity release products to pay off debts and mortgages, according to new customer data published by LV=
Posted: 21/01/2020
Landbay has announced a new partnership with the Financial Intermediary & Broker Association (FIBA) to provide brokers and their landlord clients with access to its specialist lending products
Posted: 20/01/2020
There were 66,253 residential mortgages approved during the final month of 2019, reflecting a 1.9% increase from November’s total, according to the latest figures from e.surv
Posted: 16/01/2020
TMA has added the short-term lender, Greenfield Mortgages, to its panel to strengthen the Club’s bridging proposition
Posted: 16/01/2020
There were 30,620 new first-time buyer mortgages completed in November 2019, reflecting a 10.5% drop from the same month in 2018, new UK Finance data has revealed
Posted: 15/01/2020
Average rates for borrowers seeking high LTV mortgages, those above 95% LTV, have increased to 3%, according to the latest data from AmTrust’s Mortgage Loan to Value (LTV) Tracker
Posted: 15/01/2020
The reduced political uncertainty will support the growth of the UK mortgage market, with gross mortgage lending forecast to reach £268bn in 2020, and £275bn in 2021, according to a new report from the Intermediary Mortgage Lenders Association (IMLA)
Posted: 15/01/2020
Legal & General Mortgage Club has announced that later life lending has been added to its digital, user-friendly criteria search system, SmartrCriteria
Posted: 14/01/2020
TMA Club has announced the addition of the buy-to-let (BTL) lender, Zephyr Homeloans, to its lending panel
Posted: 14/01/2020
Paradigm Mortgage Services has added the bridging and short-term lender, MT Finance, to its lender panel
Posted: 13/01/2020
PMS Mortgage Club and Sesame Network have announced the launch of an exclusive new three-year fixed rate Retirement Interest Only (RIO) mortgage with Buckinghamshire Building Society
Posted: 10/01/2020
Belmont Green has announced that Louisa Sedgwick has been appointed as the new managing director mortgages for its mortgage brand, Vida Homeloans
Posted: 09/01/2020
Criteria searches in the mortgage market showed ‘continuing volatility’ across a range of market sectors in December, new data from Knowledge Bank suggested
Posted: 09/01/2020
Gatehouse Bank has announced new cuts to the rental rates on its entire Buy-to-Let (BTL) range
Posted: 08/01/2020
The 2010s were the weakest decade for house price growth since the 1990s, although prices still rose by 33% over the 10 years, a new report published by Nationwide has revealed
Posted: 07/01/2020
TMA Club has announced it is adding Holloway Friendly to its panel to enhance the Club’s protection proposition
Posted: 06/01/2020
Gross mortgage lending across the residential market during November 2019 was £23.1bn, a figure 3.3% lower than in the same month in 2018, UK Finance data revealed
Posted: 02/01/2020
The number of first-time buyers in the UK have reached a 12-year high in 2019, according to the Yorkshire Building Society
Posted: 02/01/2020
There were 32,260 new first-time buyer (FTB) mortgages completed in October 2019, 2.8% more than in the same month a year earlier, new UK Finance figures have revealed
Posted: 17/12/2019
PMS Mortgage Club and Sesame Network, part of Sesame Bankhall Group, have announced the addition of Hampshire Trust Bank (HTB) to their BTL and bridging finance panels for advisers
Posted: 17/12/2019
Fleet Mortgages, the BTL specialist lender, has announced it has joined the packaging panel of Brilliant Solutions
Posted: 13/12/2019
FTBs may soon find it easier to get onto the property ladder as banks seek to boost their incomes from the mortgage market, a national mortgage broker has predicted
Posted: 11/12/2019
Just Mortgages has announced that eleven new brokers will start training with its broker academy in 2020 after advancing through its selection procedure
Posted: 11/12/2019
The outstanding value of all residential mortgage loans was £1.486bn in the third quarter of 2019, 3.9% higher than a year earlier, according to new data published by the Bank of England (BoE) and the FCA
Posted: 10/12/2019
Smartr365 has announced a new strategic partnership with Brilliant Solutions Mortgage Club
Posted: 10/12/2019
PMS Mortgage Club and Sesame Network, part of Sesame Bankhall Group, have added the Teachers for Intermediaries (TFI) range of mortgage products to its respective panels
Posted: 10/12/2019
Foundation Home Loans has announced it is joining MCI Club’s lender panel and that adviser member firms will be able to access Foundation’s range of residential and specialist BTL products
Posted: 05/12/2019
Mortgage Brain has announced it has completed the first live transaction on Lendex, its new multi-lender application and submission gateway
Posted: 04/12/2019
West One Loans has announced record figures for November 2019, lending over £100m through the month
Posted: 04/12/2019
TMA Club has announced it is adding the retirement lending solutions provider Just to its equity release panel. The move will give TMA members immediate access to the lender’s ‘Just For You’ lifetime mortgage product
Posted: 04/12/2019
Smartr365 has announced it will integrate with Mortgage Engine to enhance its direct-to-lender connections
Posted: 29/11/2019
Gross mortgage lending across the residential market was £25.5bn in October 2019, 0.9% lower than in the same month in 2018, new UK Finance data revealed
Posted: 26/11/2019
The Nottingham has revealed it is introducing a new Retirement Interest Only (RIO) 10-year mortgage fixed at 3.95%
Posted: 26/11/2019
Sixteen per cent of those who take out a Retirement Interest Only (RIO) mortgage on their property do so to provide a family gift, according to new research from Hodge
Posted: 25/11/2019
There were 311,400 homeowners who switched product with their existing provider in the third quarter of 2019, a year-on-year increase of 7.5%, new UK Finance data revealed
Posted: 22/11/2019
Kent Reliance, part of the specialist lending and retail savings group OneSavings Bank, has announced it has joined the Brilliant Solutions Mortgage Club lender panel
Posted: 22/11/2019
Stonebridge has announced the firm broke its record for lending applications submitted during October this year
Posted: 21/11/2019
There were 29,100 new FTB mortgages completed in September 2019, 1.6% more than in the same month in 2018, new UK Finance data revealed
Posted: 19/11/2019
PMS Mortgage Club and Sesame Network, both part of the Sesame Bankhall Group, have added Greenfield Mortgages to their respective bridging lending panels
Posted: 15/11/2019
There were 25 second charge mortgage repossessions in the third quarter of 2019, reflecting a 30.1% drop from the number recorded in Q3 2018, new figures published by the Finance & Leasing Association (FLA) have revealed
Posted: 14/11/2019
There were 71,590 UK homeowner mortgages in arrears of 2.5% or more of their outstanding balance in the third quarter of 2019, new UK Finance data revealed. This represented 0.79% of all outstanding residential mortgages – 9% fewer than in the same quarter in 2018 - meaning the proportion of homeowner mortgages in arrears has remained at a historically low level, with most borrowers continuing to repay their mortgages in full and on time each month
Posted: 14/11/2019
Intermediaries are confident they can ‘weather the storm’ of Brexit and a general election, according to new research from the Intermediary Mortgage Lenders Association (IMLA)
Posted: 13/11/2019
The average UK house price has increased by 1.3% over the year up to September 2019, which was also unchanged from August 2019, new ONS figures revealed
Posted: 13/11/2019
Fleet Mortgages has announced several changes to its lending and product criteria, following feedback from its intermediary partners
Posted: 13/11/2019
Foundation Home Loans has announced several price cuts across its range of two-year BTL fixed rate products
Posted: 13/11/2019
Newbury Building Society has announced it has reduced the rates of its 95% LTV fixed mortgage products to further assist customers taking their first step onto the property ladder
Posted: 12/11/2019
Forty-nine per cent of adults to have experienced adverse credit in the last three years and are planning to purchase a house in the next year with a mortgage, or remortgage, have said they would use online research to find a broker
Posted: 12/11/2019
The average number of mortgages introduced per office in the third quarter of 2019 was 21.9, a 3% drop from Q2 and the lowest figure since Q2 2017, according to Paragon’s latest Financial Adviser Confidence Tracking (FACT) report
Posted: 11/11/2019
Habito has announced a new partnership with Impact Specialist Finance, allowing homeowners with a poor credit history access to Impact’s specialist broker services at no cost
Posted: 08/11/2019
“The mortgage sector today is a world away from the one that existed a decade ago”, executive FCA Board member and director of strategy and competition, Christopher Woolard has said
Posted: 06/11/2019
Second charge mortgage volumes were up by 20% in September
Posted: 06/11/2019
Brilliant Solutions has today announced it is teaming up with Knowledge Bank as its exclusive criteria search provider
Posted: 05/11/2019
Zephyr Homeloans, the specialist buy-to-let lender owned by Computershare, has sharpened the rates on its range of five-year, fixed-rate deals — and lowered some product fees by as much as 0.5%
Posted: 05/11/2019
The proportion of searches for remortgages has increased by 5.3% in the last 12 months, according to new analysis from Experian
Posted: 30/10/2019
Annual house price growth remained below 1% for the eleventh month in a row in October, at 0.4%, according to the latest data from the Nationwide House Price Index
Posted: 29/10/2019
Stonebridge has announced further growth in appointed representative recruitment into its business, as well as a significant year-on-year growth in its mortgage business activity
Posted: 28/10/2019
A total of £988m in property wealth was unlocked by over-55 homeowners between July and September this year, a rise in activity of 8% from Q2, according to the latest figures from the Equity Release Council (ERC). The representative body for the sector revealed that equity release products provided UK over-55s with £11m per day during Q3, up from the total £911m provided during Q2
Posted: 28/10/2019
Average rates are rising and product numbers are dropping for 95% LTV first-time buyer borrowers, according to mortgage insurer, AmTrust
Posted: 28/10/2019
The Mortgage Awards 2020 from MoneyAge are now open to entries for mortgage lenders and providers serving clients in the UK
Posted: 24/10/2019
Gross mortgage lending across the residential market in September 2019 was £22.3bn, 3.7% higher than in the same month in 2018, according to UK Finance. There were 85,880 mortgages approved by the main high street banks in September 2019. Mortgage approvals for home purchase were 13.5% higher, remortgage approvals were 23.4% higher and approvals for other secured borrowing were 8.5% higher than in September 2018
Posted: 24/10/2019
Seventy-two per cent of mortgage enquiries are coming from people who have already been refused a mortgage for not being the ‘perfect candidate,’ according to new findings from Mortgage Experience
Posted: 23/10/2019
Swansea Building Society has become the latest lender to be added to Paradigm Mortgage Service’s lender panel
Posted: 16/10/2019
A total of 35,010 new first-time buyer mortgages were completed in August 2019, 0.7% more than in the same month in 2018, and the highest monthly total since August 2007 when there were 35,070 new first-time buyer mortgages
Posted: 15/10/2019
Foundation Home Loans has launched three new fee-assisted five-year BTL products that will be available across both its Tier 1 and Tier 2 product ranges
Posted: 14/10/2019
Habito has launched a brand-new home-financing service, ‘Habito Go,’ designed to give FTBs the advantages and negotiating power usually only enjoyed by cash buyers
Posted: 14/10/2019
Vida Homeloans has announced new changes to its help-to-buy (HTB) products, cutting its HTB purchase and remortgage rates by up to 0.31%
Posted: 14/10/2019
The average monthly remortgage payment in the UK increased by £214.31 in August, according to new data from LMS
Posted: 14/10/2019
Potential changes from the fallout of Brexit including rental caps and the introduction of a ‘Right to Buy’ for private tenants could be devastating, according to specialist lender representatives speaking at an event in Coventry
Posted: 11/10/2019
Paradigm Mortgages Services has added the later life lender, more2life, to its provider panel
Posted: 11/10/2019
The number of agreements in the second charge mortgage market increased by 12% in August from the previous year, according to new data from the Finance & Leasing Association (FLA)
Posted: 10/10/2019
Buy-to-let specialist Zephyr Homeloans has been appointed to the Legal & General Mortgage Club lender panel
Posted: 09/10/2019
PMS Mortgage Club and Sesame Network, part of Sesame Bankhall Group, have bolstered their specialist lending panels with the addition of BTL lender, Axis Bank UK
Posted: 08/10/2019
Intermediary-only lender Foundation Home Loans has confirmed a new partnership with mortgage network Mortgage Intelligence
Posted: 08/10/2019
Connect for Intermediaries has been appointed by Legal & General Mortgage Club as one of its recommended partners on its new referral service, SmartrRefer
Posted: 08/10/2019
Saffron Building Society says it has extended the terms and reduced the rates and fees on its expat mortgages “in response to feedback from intermediaries”
Posted: 07/10/2019
Paragon has launched a new intermediary portal, with additional features to make it easier for buy-to-let mortgage intermediaries to make and manage applications online
Posted: 07/10/2019
OneSavings Bank and Charter Court Financial Services Group have now combined their two businesses, it has been announced
Posted: 07/10/2019
Legal & General has secured the go-ahead from the FCA to launch an advice business for Legal & General Home Finance’s range of lifetime mortgages
Posted: 04/10/2019
Bluestone Mortgages will be joining PRIMIS Mortgage Network’s lender panel, the two companies have announced today
Posted: 02/10/2019
Hinckley & Rugby Building Society has boosted its later life lending offering, unveiling a new five-year fix as well as a cut in interest rates on two existing later life products, including a RIO mortgage
Posted: 02/10/2019
Mortgage approvals fell to £3.9 billion in August, but this followed a strong net flow of £4.5 billion in July, so the figure remains in line with the post 2016 average, according to the Bank of England’s latest Money and Credit statistical release. The industry has responded positively to the figures, hailing them as a sign of the market’s strength in difficult times.
Posted: 30/09/2019
Gross mortgage lending across the residential market in August 2019 was £24bn, 3.2% lower than in the same month in 2018, according to UK Finance
Posted: 25/09/2019
Homeowners who lapse onto their lender’s Standard Variable Rate (SVR) mortgage are facing the ‘ultimate loyalty penalty’ of £4,500 per year on average, according to research from online mortgage broker, Trussle, or collectively are missing out on £9bn worth of savings
Posted: 25/09/2019
Sainsburys Bank is to immediately stop new mortgage sales as part of its financial services five year plan
Posted: 25/09/2019
PMS Mortgage Club has announced that specialist lender Together has been added to its panel
Posted: 24/09/2019
JLM Mortgage Services has revealed that advisory firm Fosters Financial has now joined its mortgage and protection network
Posted: 24/09/2019
Homeowners aged over 55 unlocked £1.85bn in housing wealth in the first half of this year, according to the Equity Release Council’s Autumn 2019 Market Report
Posted: 24/09/2019
SimplyBiz Mortgages has announced that Reliance Bank has joined its lenders panel with immediate effect
Posted: 24/09/2019
Mortgage advisers have seen a surge in enquiries from those aged over 55 looking for ways to help their children or grandchildren onto the property ladder, according to a new industry survey
Posted: 20/09/2019
The all-time lowest fixed interest rate for a lifetime mortgage has been launched in the UK by Responsible Lending
Posted: 20/09/2019
Habito has unveiled its first suite of company buy-to-let (BTL) mortgages, adding to the individual BTL mortgages that it launched two months ago
Posted: 18/09/2019
Mortgage lending has gone up across the majority of the sector, according to the new Mortgage Trends Update released by UK Finance
Posted: 17/09/2019
Sainsbury’s is in talks with financial advisers as it explores a sale of its mortgage book for £1.3bn
Posted: 16/09/2019
Vida Homeloans has unveiled a new education campaign called Every mortgage tells a story, that aims to assist brokers in identifying specialist customers
Posted: 16/09/2019
Foundation Home Loans has announced the launch of two new five-year buy-to-let (BTL) fixed-rate mortgages, as well as a series of rate cuts across other products in its range
Posted: 16/09/2019
The number of new agreements for second charge mortgages rose by nearly a quarter in July, according to the latest figures from the Finance & Leasing Association (FLA)
Posted: 13/09/2019
Specialist lender Together has today revealed record growth as its loan book reached a new high of £3.7bn
Posted: 13/09/2019
Paragon Banking Group has announced today that it will be appointing Richard Rowntree as its new managing director of mortgages, subject to regulatory approval
Posted: 12/09/2019
Borrowers who originally came through the intermediary channel but opt to conduct future mortgage business via execution-only channels have been branded ‘a missed opportunity’ for advisers
Posted: 11/09/2019
The proportion of mortgages advanced last quarter with a loan to value (LTV) ratio exceeding 90% was the highest in nearly 11 years, the latest official statistics have shown
Posted: 10/09/2019
The Money Group has rolled out a new enquiry to completion mortgage processing CRM platform for brokers across all of its brands
Posted: 10/09/2019
Interest only loans continued to attract strong attention from mortgage brokers and borrowers in August, according to the latest analysis released by criteria search specialist Knowledge Bank
Posted: 10/09/2019
Earl Shilton Building Society (esbs) has joined the SimplyBiz Mortgages panel
Posted: 09/09/2019
Smartr365 has announced the upcoming integration of Legal & General Mortgage Club’s digital mortgage criteria searching tool, SmartrCriteria
Posted: 09/09/2019
Specialist lender, Hodge, has launched the UK’s first ever RIO mortgage with a fixed rate for life
Posted: 09/09/2019
First-time buyers (FTBs) will continue to be the largest home buyer group in the UK over 2019, accounting for 36 per cent of residential property sales, data published by Zoopla revealed
Posted: 06/09/2019
House prices held steady in August, recording a 0.3 per cent monthly rise and a 0.1 per cent quarterly rise in the month, according to the latest Halifax House Price Index
Posted: 06/09/2019
An unfurnished, pet-friendly home with access to a garden is the most desirable rental property, according to research conducted by specialist Buy-to-Let (BTL) lender Landbay
Posted: 04/09/2019
Online financial advice service OpenMoney has appointed James Brocklebank as head of mortgage proposition, as the firm extends its offering to include mortgage advice
Posted: 03/09/2019
One in six people admitted they will definitely be over the age of 65 by the time they finish repaying their mortgage, while another 9 per cent said they have no idea when it will be paid off, research from Hargreaves Lansdown revealed
Posted: 02/09/2019
House prices in London could fall by up to 7% by the end of 2020 if the UK leaves the bloc without a deal on 31 October, according to research from accountancy firm KPMG
Posted: 02/09/2019
Mortgage approvals for house purchase increased in July to 67,300, the highest level since July 2017, latest figures published by the Bank of England (BoE) have shown
Posted: 30/08/2019
Just under a third (28 per cent) of families are saving to be able to help their children with the deposit on their first home, according to figures published by Foresters Friendly Society
Posted: 28/08/2019
Gross mortgage lending across the residential market in July 2019 was £26.1bn, 2.9% higher than the same month in 2018 and the highest since March 2016, latest statistics from UK Finance have revealed. In its latest Household Finance Update, UK Finance said there were 95,126 mortgages approved by the main high street banks in July 2019, the highest monthly total since July 2009 when the figure stood at 99,970. Mortgage approvals for home purchase were 16.4% higher, remortgage approvals were 19.4% and approvals for other secured borrowing were 12.7% higher than the same month a year earlier
Posted: 27/08/2019
Conveyancing cases have dropped to their lowest number for two years, according to latest figures
Posted: 22/08/2019
John Charcol has formed an equity release referral partnership with Key Partnerships
Posted: 22/08/2019
UK homeowners on a fixed rate repayment mortgage could save £5,895 and reduce their term by three years and two months by overpaying an extra £100 a month, new research has shown
Posted: 22/08/2019
Residential property transactions in July dropped 12.4% annually and 8.5% monthly, totalling 86,630, according to the latest figures from HM Revenue & Customs (HMRC)
Posted: 21/08/2019
Right to buy was amongst the most-searched-for residential lender criteria by brokers for the first time in July, according to Knowledge Bank’s monthly criteria tracker
Posted: 20/08/2019
There were 9,960 new first-time buyer (FTB) mortgages completed in London in Q2 2019, 1.2 per cent more than in the same quarter in 2018
Posted: 20/08/2019
The amount of prospective home buyers who meet the qualifying criteria for every mortgage deal on the market is as low as 3.5 per cent, according to analysis from Experian
Posted: 19/08/2019
Chancellor Sajid Javid stated he has no plans to transfer stamp duty from buyers to sellers, claiming in a tweet that it’s a motion he “wouldn’t support”
Posted: 19/08/2019
A third of all landlords intend to remortgage over the course of the next 12 months, with larger, portfolio landlords much more likely to do so within a limited company
Posted: 16/08/2019
The number of first-time buyer (FTB) and homemover mortgage completions dropped by 1.5 per cent and 3.6 per cent respectively in June, according to UK Finance’s latest Mortgage Trends data
Posted: 15/08/2019
Almost 80 per cent of brokers claimed some of their clients have expressed some dissatisfaction with the manual, paper-based mortgage process
Posted: 14/08/2019
Five brokers in Just Mortgages’ self-employed division will now be trading as commercial brokers thanks to a partnership with leading commercial broker Fiducia
Posted: 13/08/2019
A majority (52 per cent) of mortgage brokers claimed the specialist lending market will grow by at least £1bn over the next six months, according to Bluestone Mortgages Specialist Lending Tracker
Posted: 09/08/2019
Specialist lender Together has increased its maximum age to 85, meaning those aged up to 82 can take out a loan from the provider
Posted: 09/08/2019
The proportion of homeowner mortgages in arrears remained at “historically low levels” in Q2 2019, figures published by UK Finance revealed
Posted: 08/08/2019
Almost a third (30 per cent) of older homeowners are using equity release to repay unsecured debt while 20 per cent are using it to repay mortgages, analysis from Key revealed
Posted: 08/08/2019
Average house prices dipped once again in July, falling 0.2 per cent month-on-month to £236,120, after being recorded at £237,110 last month
Posted: 07/08/2019
Prime property prices in the capital recovered slightly in the second quarter of 2019, edging up 3.1 per cent when compared to prices at the end of 2018
Posted: 06/08/2019
A two-speed equity release market emerged in the second quarter of 2019 as sales of new drawdown mortgages increased, while take-up of new lump sum mortgages mirrored the volumes seen in Q1 2018, figures published today found
Posted: 31/07/2019
Vida Homeloans has announced the launch of a new range of Help-to-Buy (HTB) specialist mortgage products for first-time buyers, movers and remortgagers which includes an option specifically designed for HTB staircasing
Posted: 30/07/2019
The self-employed are selling “selling themselves short” when it comes to the prospect of homeownership, according to specialist lender Together
Posted: 29/07/2019
Demand from investors for bridging finance has gathered pace as Brexit uncertainty continued to mound alongside lending restrictions on banks, data from Bridging Trends revealed
Posted: 26/07/2019
Gross mortgage lending in June was down on May’s total and the figure from June 2018, according to the latest figures published by UK Finance
Posted: 24/07/2019
The Public Accounts Committee (PAC) has slammed the government for failing to sell enough public land for new houses to be built on, arguing it has prolonged “the nation’s housing crisis”
Posted: 24/07/2019
ME Group, the legal tech business, has asked MPs for help in encouraging regulatory bodies to speed up thousands of claims for mortgage mis-selling and mortgage overpayments
Posted: 22/07/2019
TMA Club has today announced its partnership with insurance provider, LV=, to offer its members access to the lender’s Lifetime Mortgage Lump Sum+ and Flexible Lifetime Mortgage products
Posted: 22/07/2019
Average equity release loans taken out by customers slipped in value by nearly £2,000 to £76,064 in the first half of 2019, when compared to H1 2018, suggesting that the market has stabilised in the face of economic and political uncertainty, according equity release adviser Key
Posted: 19/07/2019
Annual house price growth dipped from 1.5 per cent in April to 1.2 per cent in May, driven mainly by a slowdown in the south and east of England, according to data from the Office for National Statistics (ONS)
Posted: 17/06/2019
Key workers, such as nurses and teachers, are being priced out of London and the South East as private rents soar beyond average wages
Posted: 16/07/2019
The number of remortgages completed in May increased sharply compared to the same month last year, rising almost 20 per cent, while purchases dipped slightly, figures from UK Finance revealed
Posted: 16/07/2019
The length of mortgage term being taken out by first-time buyers (FTBs) and the loan to value (LTV) opted for have both significantly increased since the beginning of 2018, according to new research from HSBC
Posted: 15/07/2019
The price of property coming to market has fallen by 0.2 per cent (-£656) in July 2019, the first monthly fall recorded this year, according to data published by Rightmove
Posted: 15/07/2019
Sadiq Khan is on course to miss one of his main housing targets, according to critics, after recently published figures revealed that just over 300 homes have been built on land owned by Transport for London (TfL)
Posted: 11/07/2019
Britain’s housing market displayed tentative signs of recovery in June as interest among buyers rose for the first time since shortly after 2016’s Brexit referendum, according to the Royal Institution of Chartered Surveyors (RICS)
Posted: 11/07/2019
Searches for lenders accepting first-time landlords has been revealed as the most popular search for UK mortgage criteria, according to data from criteria specialist Knowledge Bank
Posted: 10/07/2019
Online mortgage broker Trussle is calling for a ‘Mortgage Switch Guarantee’ to make switching fairer for homeowners, after discussing the growing need for transparency and accessibility to mortgage switching with MPs
Posted: 10/07/2019
Knight Frank has become the first estate agent to offer later life lending advice, offered through its Knight Frank Finance arm to those over 55
Posted: 09/07/2019
Specialist buy-to-let (BTL) lender Landbay today announced it has received a further £1bn to bolster its mortgage lending
Posted: 08/07/2019
In the latest quarter (April to June), house prices increased by 2.4 per cent over the previous quarter, with property prices remaining stable despite mounting uncertainty surrounding the UK’s departing from the bloc
Posted: 05/07/2019
The number of second charge mortgage agreements written in May increased by 22 per cent when compared to May 2018, rising to 2,378, according to data published by the Finance & Leasing Association (FLA)
Posted: 05/07/2019
The government is at risk of missing its target to build 300,000 homes a year by the mid-2020s if it does not embrace modern methods of construction (MMC) and shrug off its reliance on traditional methods, according to the Housing, Communities and Local Government Committee. The report, published today, underlined that the UK has not built enough homes, leading to increased housing costs, and urged that the “ambitious target” to build 300,000 homes annually is not feasible due to constraints such as the shortages of skilled workers
Posted: 03/07/2019
Almost 40 per cent of landlords want the government to introduce a fast track housing tribunal if the Section 21 ‘no-fault’ eviction process is abolished, according to Paragon’s PRS Trends Report for Q2 2019
Posted: 03/07/2019
Since Prudential Regulation Authority (PRA) CEO Sam Woods warned that the Bank of England (BoE) is watching mortgage rates “like a hawk”, wholesale cuts to the average two-year fixed rate have dwindled and the average rate has started to instead increase, rising from 2.47 per cent in May to 2.5 per cent in July
Posted: 02/07/2019
UK house price growth remained subdued in June, with prices increasing by just 0.5 per cent when compared to June 2018, taking the average property price to £216,515, according to the latest Nationwide House Price Index published today
Posted: 02/07/2019
Homeowners could be offered better mortgage rates for improving the energy efficiency of their homes under plans rolled out by the government today
Posted: 01/07/2019
Net mortgage lending to households fell to £3.1bn in May, marking the smallest increase in mortgage lending in a month since April 2017, figures published by the Bank of England (BoE) revealed
Posted: 01/07/2019
Retired homeowners saw their property wealth increase by more than £1,000 over the last 12-months, despite current housing market uncertainty, analysis from equity release adviser Key revealed
Posted: 28/06/2019
Despite house prices in London falling, first-time buyers (FTBs) are still often paying more than homemovers to begin their climb on the housing ladder, analysis from Gatehouse Bank revealed
Posted: 27/06/2019
Mortgage lenders supported 84,900 first-time buyers (FTBs) get onto the housing ladder in the North of England in 2018, up 3 per cent when compared to the previous year and the highest level since 2006, figures published today revealed
Posted: 27/06/2019
Gross mortgage lending across the residential market was down 0.4 per cent in May 2019 when compared to the same month in 2018, falling to £21.9bn, according to the latest figures published by UK Finance
Posted: 26/06/2019
FCA chief executive Andrew Bailey has called for the full regulation of mortgage lending
Posted: 25/06/2019
Increasing the number of advisers in the later life sector and raising customer awareness are two of the major challenges needing to be addressed, Key Advice CEO Will Hale said
Posted: 25/06/2019
Almost a quarter (73%) of specialist lending intermediaries feel confident about the specialist mortgage market’s prospects over the next 12 months – up by 12% from the previous year
Posted: 25/06/2019
Barclays Mortgages has made improvements to its Family Springboard Mortgage, making it easier for first time buyers to get onto the property ladder
Posted: 24/06/2019
TMA Club has announced a new partnership with Eligible.ai, providing members of the club access to Eligible.ai’s automated customer retention tool - ‘Retain’
Posted: 24/06/2019
InterBay Commercial, part of specialist mortgage provider and retail savings group OneSavings Bank, was approached by Vantage Finance on behalf of a client seeking refinance of a block of flats and capital raising to repay existing development finance totalling just under £16m
Posted: 19/06/2019
Average house prices across the UK increased by 1.4 per cent in year to April 2019, down from 1.6% in March 2019, figures published in the Office for National Statistics (ONS) UK House Price Index: April 2019 revealed
Posted: 19/06/2019
The number of interest-only mortgages fell by 13.1 per cent to 1.23 million in 2018 when compared to 2017, UK Finance figures revealed
Posted: 19/06/2019
The ‘Bank of mum and dad’ (BoMaD) will lend £6.3bn in 2019, rising 10 per cent from £5.7bn in 2018, making the ‘lender’ the eleventh largest in the UK, research from Legal & General (L&G) and Cebr revealed
Posted: 18/06/2019
The asking price of newly-marketed property prices neared a record high in June, driven by a number of regions defying a market slowdown amid political uncertainty, data from Rightmove suggested
Posted: 17/06/2019
Since its launch in April 2013 up until December 2018, 211,000 loans with a value of £11.7bn had been lent to homeowners via the Help-to-Buy scheme, according to figures published by the National Audit Office (NAO). In its latest Help to Buy: Equity Loan scheme – progress review, the office revealed that between April 2013 and September 2018. 38 per cent of all new-build property sales have been supported by loans through the scheme, accounting for around 4 per cent of all house purchases during this period
Posted: 14/06/2019
There were 27,370 new first-time buyer (FTBs) mortgage completion in April 2019, 7.9 per cent more than in the same month in 2018, suggesting that prospective homeowners are displaying resilience despite uncertainty
Posted: 13/06/2019
Just under 40 per cent of self-employed borrowers are making “worrying lifestyle changes” and professional sacrifices in a bid to start the climb on the property ladder, new research from online mortgage broker Trussle revealed
Posted: 12/06/2019
The outstanding value of all residential mortgage loans was £1,451bn in the first quarter of 2019, 3.4 per cent higher than in the same period last year, despite Brexit uncertainties amounting
Posted: 11/06/2019
The Association of Consulting Actuaries is in favour of allowing younger pension savers the flexibility to access their pensions to use towards a deposit for a house, provided there are ‘sufficient safeguards’ it has said
Posted: 10/06/2019
Average house prices in the UK creeped up to £237,837 in May, representing an annual increase of 5.2 per cent, according to the latest Halifax House Price Index
Posted: 07/06/2019
Mortgage broker earnings were up 13 per cent between 2017 and 2018, rising to £1.31bn from £1.16bn, according to data collected the Financial Conduct Authority (FCA)
Posted: 06/06/2019
The difference between the average two-year and five-year fixed mortgage rate has shrunk by 0.06 per cent, from 0.42 per cent to 0.36 per cent since the beginning of the year, the lowest difference recorded in seven years. The average two-year fixed rate has fallen by 0.03 per cent from 2.52 per cent in January 2019 to 2.49 per cent this month, while the average five-year fixed rate decreased by 0.09 per cent from 2.94 per cent to 2.85 per cent over the same period
Posted: 04/06/2019
Indexes from both Mercer and PwC have revealed that the deficits of UK defined benefit pension schemes increased during May
Posted: 04/06/2019
First-time homebuyers should be allowed to access their pension savings to help them get on to the property ladder, Housing Minister, James Brokenshire has suggested
Posted: 04/06/2019
Half (47 per cent) of non-homeowning employees in the UK do not believe they will ever be able to afford to get on the property ladder, despite home ownership remaining an aspiration for 65 per cent of them
Posted: 03/06/2019
Average UK house prices fell 0.2 per cent in May, after growing by 0.3 per cent in April, after taking seasonal factors into account, Nationwide’s House Price Index revealed
Posted: 31/05/2019
UK challenger banks have failed to break the big five bank's stranglehold on the UK's household deposits market, despite offering savers much higher levels of interest when compared to their larger rivals
Posted: 30/05/2019
Deutsche Bank’s wealth management branch yesterday announced the launch of a service to offer regulated mortgages to private-banking clients in the UK
Posted: 30/05/2019
TMA Club is urging advisers to begin proactively consulting clients who are coming towards the end of their government equity loan as part of the Help-to-Buy (HTB) scheme
Posted: 29/03/2019