Fewer than 50,000 mortgages have been completed with the support of the Mortgage Guarantee Scheme, official figures show. The scheme was launched...
Archive
22 August 2024
From: Breaking News
Mortgaged buyers have continued to drive the property market even in the two years since mortgage rates peaked, research suggests. Property brand...
20 August 2024
From: Breaking News
Increasing numbers of homebuyers are taking out bridging loans to prevent a chain from collapsing. The latest Bridging Trends industry report shows...
14 August 2024
From: Breaking News
A poll of surveyors shows strong support for the idea of pre-sale surveys. When asked whether the new Government should introduce mandatory...
05 August 2024
From: Breaking News
At last! Well, they say small is beautiful and, if you’re in the property sector right now, you’d better believe it! The...
03 August 2024
From: Features
The announcement by the Bank Of England that interest rates will remain fixed at 5.25% for the seventh month in a...
24 June 2024
From: Breaking News
Major lenders including Barclays, HSBC, and TSB have reduced their interest rates on new fixed mortgages, offering a glimmer of hope...
08 June 2024
From: Features
Mortgage borrowers still prefer the human touch when applying for a home loan despite the rising popularity of artificial intelligence, research...
30 May 2024
From: Breaking News
Homebuyers have been hit by the highest jump in mortgage rates since March, research suggests. Analysis by Moneyfacts found the typical pricing...
14 May 2024
From: Breaking News
Building societies are currently offering the most competitive mortgage deals for first-time buyers compared with high-street lenders, research suggests. Analysis of 90%...
09 May 2024
From: Breaking News
A specialist lender is reintroducing a suite of mortgage products aimed at what it call “overlooked customers”. It turns out these are...
01 May 2024
From: Breaking News
We all know that first-time buyers have had a tough time of it lately. Mad mini-budgets resulting in higher interest rates...
27 April 2024
From: Features
New statistics from the Financial Conduct Authority, analysed by a legal firm, show the clear disadvantage and worsening picture for single...
23 April 2024
From: Breaking News
Average mortgage rates have ticked up ahead of the typically busier spring home selling season but borrowers are at least benefiting...
09 April 2024
From: Breaking News
The term ‘time bomb’ is sometimes overly used in the housing market, and while it has been linked to many things...
06 April 2024
From: Features
Borrowers are currently rolling off relatively favourable two-year fixed-rate deals agreed at the start of 2022, but the pain from higher...
30 March 2024
From: Features
A game changer? Yorkshire Building Society launches 99% loan-to-value mortgage for first-time buyers
The Government may have backtracked on plans for 100% loan-to-value (LTV) mortgages but Yorkshire Building Society has come up with its...
28 March 2024
From: Breaking News
One of the UK’s largest mortgage lenders has reduced its upper age limit in a blow for home buyers . Halifax is...
14 March 2024
From: Breaking News
The level of mortgage approvals for home-movers hit the lowest level since the 1970s amid the cost of living crisis in...
05 March 2024
From: Breaking News
Older borrowers were deterred by high mortgage rates last year, bank data suggests. Quarter four figures from UK Finance show a 37.1%...
20 February 2024
From: Breaking News
Compared with a decade ago, today's first-time buyers are older, more likely to buy with a partner and more likely to...
17 February 2024
From: Features
A drop in house prices remains likely for 2024 despite recent rises and improving sentiment. The latest Halifax house price index showed...
12 February 2024
From: Breaking News
Compared with a decade ago, today's first-time buyers are older, more likely to buy with a partner and more likely to...
03 February 2024
From: Features
The number of mortgage approvals hit a six-month high in December as falling mortgage pricing and renewed buyer confidence “breathed new...
31 January 2024
From: Breaking News
Mortgage rates may be falling but tougher lending criteria is stifling many borrowers, including high earners. Research by Investec has found the...
30 January 2024
From: Breaking News
The Government’s latest attempt to bolster the property appears to be 1% deposit mortgages. Chancellor Jeremy Hunt is reported to be considering...
22 January 2024
From: Breaking News
Let’s start at the very beginning - Happy New Year. Now, let’s give thanks to the guy who made January 1st...
06 January 2024
From: Features
Home movers have been given a “belated Christmas present” as mortgage rates continue to drop, it has been claimed. It comes as...
04 January 2024
From: Breaking News
Average mortgage rates have fallen for the fourth consecutive month and borrowers can now get a two-year fix below 6%. The latest...
12 December 2023
From: Breaking News
The Autumn Statement ended up being silent on Stamp Duty reforms and direct housing market stimulus but there were some nuggets...
23 November 2023
From: Breaking News
The number of lenders offering sub-5% mortgage deals has doubled in the past month in a sign that the cost of...
17 November 2023
From: Breaking News
Mortgage arrears and claims for repossession are on the rise as official data shows how much homeowners are still struggling in...
10 November 2023
From: Breaking News
Mortgage rates could be set to finally fall below 5%, brokers claim. The pricing of home loans has rocketed this year amid high...
07 November 2023
From: Breaking News
Mortgage lenders are braced for a slower market over the rest of the year. The latest Bank of England Credit Conditions Survey...
13 October 2023
From: Breaking News
Rightmove is hopeful that mortgage rates will continue to drop. It comes as its latest data shows average two-year fixed rate mortgage...
12 October 2023
From: Breaking News
The “ticking time bomb” of Help to Buy repayments could be set to explode due to the cost of living crisis,...
06 October 2023
From: Breaking News
One in four mortgages lent to those under 30 now have a term of 35 years or more, new research suggests. This...
04 October 2023
From: Breaking News
Since the Bank of England base rate started making large jumps around the middle of last year, mortgage rates have increased...
23 September 2023
From: Features
The Bank of England is facing calls to hold off on raising interest rates this week. Its Monetary Policy Committee is set...
20 September 2023
From: Breaking News
To help or not to help: that is the question the government is facing with regard to under-pressure private rented sector...
16 September 2023
From: Features
Funny how time flies faster as you get older and I’m reminded that next week, (23rd September, to be precise) it...
16 September 2023
From: Features
Mortgage borrowers now have the greatest choice of home loan products since February 2022, Moneyfacts data suggests. It is a boost for...
13 September 2023
From: Breaking News
Mortgage searches on behalf of borrowers using gifted equity or making a concessionary purchase from a family member rose by 75%...
12 September 2023
From: Breaking News
House prices fell at their fastest rate since July 2009 last month, according to Nationwide. The lender’s latest House Price Index shows...
04 September 2023
From: Breaking News
Mortgage lending has dropped and buyers are no longer stretching their affordability limits, UK Finance claims. New data from the banking trade...
30 August 2023
From: Breaking News
Homebuyers and borrowers could be set to benefit from a mortgage price war, a property expert claims. Jonathan Rolande, from the National...
24 August 2023
From: Breaking News
House prices dipped at their fastest rate since 2009 last month, new data shows. The latest Nationwide House Price Index revealed average...
02 August 2023
From: Breaking News
Average mortgage rates have dropped slightly, providing possible respite for homebuyers. The latest Moneyfacts data shows the average two-year fixed mortgage rate...
28 July 2023
From: Breaking News
The number of people taking out mortgages with terms of 35 years or more hit a high of 88,059 in 2022,...
25 July 2023
From: Breaking News
A mortgage expert has expressed concern about the level of borrowers still taking out high loan-to-value government-backed home loans despite falling...
19 July 2023
From: Breaking News
The publication of inflation figures by the government tomorrow will be a Do-Or-Die moment for the housing market, it’s been claimed. At...
18 July 2023
From: Breaking News
Almost half of adults who currently pay rent or a mortgage have seen their payments increase over the past six months...
17 July 2023
From: Breaking News
Mortgage borrowers are facing higher costs but banks are ‘resilient enough’ to withstand a 30% fall in house prices, the Bank...
13 July 2023
From: Breaking News
The Labour Party has announced it will be hosting an emergency mortgage summit this week. The summit, happening in London tomorrow, is...
11 July 2023
From: Breaking News
The long-awaited Renters Reform Bill was finally introduced in Parliament in May, but is it really good news for tenants? Several...
08 July 2023
From: Features
The National Association of Property Buyers’ Jonathan Rolande gives his take on why it’s those working across the sector who will help drag us...
07 July 2023
From: Breaking News
Borrowers have been dealt a new blow after five-year fixed rates passed the 6% barrier yesterday. Moneyfacts data showed the average five-year...
05 July 2023
From: Breaking News
Shadow Chancellor Rachel Reeves has been criticised for figures she used when highlighting how much mortgage borrowers are set to see...
04 July 2023
From: Breaking News
After yet another tumultuous week in the property market, many of those working sector will be breathing a huge sigh of...
30 June 2023
From: Breaking News
The majority of mortgage lenders have committed to showing more flexibility to struggling borrowers but the Government has confirmed that support...
27 June 2023
From: Breaking News
The hit to the economy from soaring mortgage rates will be equivalent to a 2p income tax hike, new analysis by...
27 June 2023
From: Breaking News
Chancellor Jeremy Hunt has secured promises from banks to be more flexible with mortgage borrowers amid concerns about rising rates. Average mortgage...
26 June 2023
From: Breaking News
The National Association of Property Buyers’ Jonathan Rolande gives his take on a manic week for the property market. This is the week when...
23 June 2023
From: Breaking News
A quarter of homeowners are considering selling up and going back to renting amid rising mortgage costs. New Moneyfacts figures shows the...
22 June 2023
From: Breaking News
Chancellor Jeremy Hunt has ruled out providing financial support for struggling mortgage borrowers as rates hit new highs. Average mortgage rates hit...
21 June 2023
From: Breaking News
MPs have urged Prime Minister Rishi Sunak to hold an emergency summit in Downing Street with banks and mortgage lenders to...
15 June 2023
From: Breaking News
The value of mortgage lending has slumped to its lowest level since the second quarter of 2020, Bank of England data...
14 June 2023
From: Breaking News
Almost 400,000 borrowers on low-rate mortgage deals are in for a shock when their products expire this year, Equifax has warned. Analysis...
13 June 2023
From: Breaking News
Mortgage brokers are trying to get lenders to sign up to a 24-hour Product Withdrawal Pledge in efforts to keep the...
12 June 2023
From: Breaking News
Mortgage brokers have expressed concern about products being removed with little or no notice. Hundreds of mortgages have been withdrawn from the...
08 June 2023
From: Breaking News
It’s a tough old road for today’s first-time buyers, with house prices and mortgage interest rates much higher than they were...
03 June 2023
From: Features
The chief executive of the Building Societies Association is warning that mortgage lending - already down on last year - is...
01 June 2023
From: Breaking News
Homebuyers looking for a 10-year fixed mortgage for their property purchase are facing less choice, research suggests. Analysis by Moneyfactscompare.co.uk has found...
24 May 2023
From: Breaking News
In simple terms, as you are probably aware, ‘lenders’ are the organisations who loan you something, in this case money to...
17 May 2023
From: Sponsored Content
100% mortgages are rumoured to be making a comeback. The products were blamed as a cause for the 2008 financial crash, with...
09 May 2023
From: Breaking News
Further mortgage rate rises could be on the way for homebuyers and owners, Rightmove suggests. After a few weeks where mortgage rates...
26 April 2023
From: Breaking News
Homebuyers should prepare for short-term volatility as mortgage rates are currently being repriced, OnTheMarket chief executive Jason Tebb has warned. Tebb warned...
21 March 2023
From: Breaking News
Chancellor Jeremy Hunt’s first Budget yesterday failed to include any specific measures to boost the housing market but a mortgage broker...
16 March 2023
From: Breaking News
The financial regulator has revised its own data on how many mortgage borrowers may face repayment difficulties as it calls on...
10 March 2023
From: Breaking News
More than a tenth of homeowners expect to delay buying or selling a home this year due to the cost of...
07 March 2023
From: Breaking News
The property market has been warned to expect fewer sales and more expensive mortgages after interest rates were raised for the...
03 February 2023
From: Breaking News
New year, old worries: what’s happening in the housing market? We’ve asked experts and collated forecasts, 15 in total. On the one...
07 January 2023
From: Features
Talk of a housing market crash is overstated, Zoopla’s chief executive Charlie Bryant has claimed. Speaking in an exclusive video interview with Estate...
30 December 2022
From: Breaking News
A fifth of potential borrowers have had their mortgage application rejected over the past 12 months – hitting their hopes of...
23 December 2022
From: Breaking News
Homeowners are starting to consider solutions to deal with their rising monthly mortgage costs including downsizing, research claims. A survey of more...
22 December 2022
From: Breaking News
The Bank of England increased interest rates from 3% to 3.5% yesterday, potentially pushing up costs for those looking to purchase property...
16 December 2022
From: Breaking News
Increasing numbers of property buyers are now taking out mortgages with terms of more than 30 years, new figures show. The latest...
08 December 2022
From: Breaking News
The property market is ‘recalibrating’ but should be seen in context of economic events, agents are being urged. Kris Mclean, managing director...
06 December 2022
From: Breaking News
Mortgage borrowers who paused home purchasing plans may be getting a respite from rising rates after new data shows average pricing...
23 November 2022
From: Breaking News
The Government is being urged to create a mortgage protection fund to support homeowners who are struggling with repayments. It comes as...
08 November 2022
From: Breaking News
Mortgage rates look likely to fall after Rishi Sunak’s appointment as Prime Minister but analysts are still unsure how far the...
31 October 2022
From: Breaking News
Buyers have until 31 October to reserve a new-build and apply for Government-backed finance before the government’s Help to Buy Equity...
26 October 2022
From: Breaking News
Hundreds of thousands of mortgage applications could fail in the coming decade as lending criteria tightens amid the cost of living...
21 October 2022
From: Breaking News
Leeds Building Society has pledged to honour any mortgage offers and support borrowers during this period of market uncertainty. It comes as...
17 October 2022
From: Breaking News
It’s fair to say that ours is an industry which has a language of its own, and often revels in the...
08 October 2022
From: Features
The choice of mortgage products for borrowers dropped by almost half during September, new figures show. Thousands of mortgages were withdrawn and...
03 October 2022
From: Breaking News
The Bank of England increased interest rates to their highest level since the financial crisis yesterday, prompting fears of higher cost...
23 September 2022
From: Breaking News
A quarter of borrowers would be unable to afford their mortgage repayments if interest rates hit 5% but the threat of...
21 September 2022
From: Breaking News
The last minute Bank Holiday for the Queen’s funeral on Monday has created some logistical issues for the property market. A legal...