Almost one in three first-time buyers (FTBs) were considering variable or tracker mortgages in July as rising fixed-rate borrowing costs prompted more prospective homeowners to explore cheaper alternatives, according to analysis by Moneyfacts
Today's round up of developments coming out of the consumer finance space, featuring Dudley Building Society, Hampshire Trust Bank, Gatehouse Bank and Pepper Money
The UK equity release market returned to growth in the second quarter of 2026, with lending and customer activity recovering after a weaker start to the year, according to the Equity Release Council.
Total lending increased 4% quarter-on-quarter to £597m from £574m, while the number of customers also rose 4% to 13,489
Higher mortgage rates are placing increasing pressure on first-time buyers (FTBs), with those purchasing a home using a 5% deposit now facing average five-year fixed mortgage rates above 6%, Moneyfacts has warned
Grandparents expecting to provide regular financial support to their grandchildren could need an extra £58,000 in pension savings to maintain a moderate standard of living in retirement, analysis by Skipton Building Society has found
Today's round up of developments coming out of the consumer finance space, featuring One Mortgage System, Recognise Bank and Hope Capital Property Finance
Overall savings product choice has beaten all-time highs for a sixth consecutive month, increasing to 2,583 savings products, including ISAs in July, Moneyfacts has revealed.
The latest Moneyfacts UK Savings Trends Treasury Report found that excluding ISAs, product count rose to 1,853, which is the highest number of non-ISA products listed since records began in February 2007
Two- and five-year fixed mortgage rates dropped by 0.16% and 0.11% respectively, marking the largest monthly reductions since October 2024, Moneyfacts has revealed.
The product data firm’s latest Moneyfacts UK Mortgage Trends Treasury Report found that both two- and five-year fixed rates averaged 5.52% in July, the lowest rate since March
Today's round up of developments coming out of the consumer finance space, featuring Nationwide, LiveMore, Landbay, Accord Mortgages and United Trust Bank
Today's round up of developments coming out of the consumer finance space, featuring Redwood Bank, GB Bank, Paragon Bank, Pepper Money, Just Mortgages and Gen H
Homeowners coming to the end of low fixed-rate mortgage deals could face a significant long-term cost to their retirement savings, according to new analysis from Standard Life
Today's round up of developments coming out of the consumer finance space, featuring ModaMortgages, Shepherds Friendly, REIM Capital, Paragon Bank and Masthaven Finance