Archive

Average mortgage rates have ticked up ahead of the typically busier spring home selling season but borrowers are at least benefiting...

The term ‘time bomb’ is sometimes overly used in the housing market, and while it has been linked to many things...

Borrowers are currently rolling off relatively favourable two-year fixed-rate deals agreed at the start of 2022, but the pain from higher...

The Government may have backtracked on plans for 100% loan-to-value (LTV) mortgages but Yorkshire Building Society has come up with its...

One of the UK’s largest mortgage lenders has reduced its upper age limit in a blow for home buyers . Halifax is...

The level of mortgage approvals for home-movers hit the lowest level since the 1970s amid the cost of living crisis in...

Older borrowers were deterred by high mortgage rates last year, bank data suggests. Quarter four figures from UK Finance show a 37.1%...

Compared with a decade ago, today's first-time buyers are older, more likely to buy with a partner and more likely to...

A drop in house prices remains likely for 2024 despite recent rises and improving sentiment. The latest Halifax house price index showed...

Compared with a decade ago, today's first-time buyers are older, more likely to buy with a partner and more likely to...

The number of mortgage approvals hit a six-month high in December as falling mortgage pricing and renewed buyer confidence “breathed new...

Mortgage rates may be falling but tougher lending criteria is stifling many borrowers, including high earners. Research by Investec has found the...

The Government’s latest attempt to bolster the property appears to be 1% deposit mortgages. Chancellor Jeremy Hunt is reported to be considering...

Let’s start at the very beginning - Happy New Year. Now, let’s give thanks to the guy who made January 1st...

Home movers have been given a “belated Christmas present” as mortgage rates continue to drop, it has been claimed. It comes as...

Average mortgage rates have fallen for the fourth consecutive month and borrowers can now get a two-year fix below 6%. The latest...

The Autumn Statement ended up being silent on Stamp Duty reforms and direct housing market stimulus but there were some nuggets...

The number of lenders offering sub-5% mortgage deals has doubled in the past month in a sign that the cost of...

Mortgage arrears and claims for repossession are on the rise as official data shows how much homeowners are still struggling in...

Mortgage rates could be set to finally fall below 5%, brokers claim. The pricing of home loans has rocketed this year amid high...

Mortgage lenders are braced for a slower market over the rest of the year. The latest Bank of England Credit Conditions Survey...

Rightmove is hopeful that mortgage rates will continue to drop. It comes as its latest data shows average two-year fixed rate mortgage...

The “ticking time bomb” of Help to Buy repayments could be set to explode due to the cost of living crisis,...

One in four mortgages lent to those under 30 now have a term of 35 years or more, new research suggests. This...

Since the Bank of England base rate started making large jumps around the middle of last year, mortgage rates have increased...

The Bank of England is facing calls to hold off on raising interest rates this week. Its Monetary Policy Committee is set...

To help or not to help: that is the question the government is facing with regard to under-pressure private rented sector...

Funny how time flies faster as you get older and I’m reminded that next week, (23rd September, to be precise) it...

Mortgage borrowers now have the greatest choice of home loan products since February 2022, Moneyfacts data suggests. It is a boost for...

Mortgage searches on behalf of borrowers using gifted equity or making a concessionary purchase from a family member rose by 75%...

House prices fell at their fastest rate since July 2009 last month, according to Nationwide.  The lender’s latest House Price Index shows...

Mortgage lending has dropped and buyers are no longer stretching their affordability limits, UK Finance claims. New data from the banking trade...

Homebuyers and borrowers could be set to benefit from a mortgage price war, a property expert claims. Jonathan Rolande, from the National...

House prices dipped at their fastest rate since 2009 last month, new data shows. The latest Nationwide House Price Index revealed average...

Average mortgage rates have dropped slightly, providing possible respite for homebuyers. The latest Moneyfacts data shows the average two-year fixed mortgage rate...

The number of people taking out mortgages with terms of 35 years or more hit a high of 88,059 in 2022,...

A mortgage expert has expressed concern about the level of borrowers still taking out high loan-to-value government-backed home loans despite falling...

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...

Almost half of adults who currently pay rent or a mortgage have seen their payments increase over the past six months...

Mortgage borrowers are facing higher costs but banks are ‘resilient enough’ to withstand a 30% fall in house prices, the Bank...

The Labour Party has announced it will be hosting an emergency mortgage summit this week. The summit, happening in London tomorrow, is...

The long-awaited Renters Reform Bill was finally introduced in Parliament in May, but is it really good news for tenants? Several...

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...

Borrowers have been dealt a new blow after five-year fixed rates passed the 6% barrier yesterday. Moneyfacts data showed the average five-year...

Shadow Chancellor Rachel Reeves has been criticised for figures she used when highlighting how much mortgage borrowers are set to see...

After yet another tumultuous week in the property market, many of those working sector will be breathing a huge sigh of...

The majority of mortgage lenders have committed to showing more flexibility to struggling borrowers but the Government has confirmed that support...

The hit to the economy from soaring mortgage rates will be equivalent to a 2p income tax hike, new analysis by...

Chancellor Jeremy Hunt has secured promises from banks to be more flexible with mortgage borrowers amid concerns about rising rates. Average mortgage...

The National Association of Property Buyers’ Jonathan Rolande gives his take on a manic week for the property market. This is the week when...

A quarter of homeowners are considering selling up and going back to renting amid rising mortgage costs. New Moneyfacts figures shows the...

Chancellor Jeremy Hunt has ruled out providing financial support for struggling mortgage borrowers as rates hit new highs. Average mortgage rates hit...

MPs have urged Prime Minister Rishi Sunak to hold an emergency summit in Downing Street with banks and mortgage lenders to...

The value of mortgage lending has slumped to its lowest level since the second quarter of 2020, Bank of England data...

Almost 400,000 borrowers on low-rate mortgage deals are in for a shock when their products expire this year, Equifax has warned. Analysis...

Mortgage brokers are trying to get lenders to sign up to a 24-hour Product Withdrawal Pledge in efforts to keep the...

Mortgage brokers have expressed concern about products being removed with little or no notice. Hundreds of mortgages have been withdrawn from the...

It’s a tough old road for today’s first-time buyers, with house prices and mortgage interest rates much higher than they were...

The chief executive of the Building Societies Association is warning that mortgage lending - already down on last year - is...

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...

In simple terms, as you are probably aware, ‘lenders’ are the organisations who loan you something, in this case money to...

100% mortgages are rumoured to be making a comeback. The products were blamed as a cause for the 2008 financial crash, with...

Further mortgage rate rises could be on the way for homebuyers and owners, Rightmove suggests. After a few weeks where mortgage rates...

Homebuyers should prepare for short-term volatility as mortgage rates are currently being repriced, OnTheMarket chief executive Jason Tebb has warned. Tebb warned...

Chancellor Jeremy Hunt’s first Budget yesterday failed to include any specific measures to boost the housing market but a mortgage broker...

The financial regulator has revised its own data on how many mortgage borrowers may face repayment difficulties as it calls on...

More than a tenth of homeowners expect to delay buying or selling a home this year due to the cost of...

The property market has been warned to expect fewer sales and more expensive mortgages after interest rates were raised for the...

New year, old worries: what’s happening in the housing market? We’ve asked experts and collated forecasts, 15 in total. On the one...

Talk of a housing market crash is overstated, Zoopla’s chief executive Charlie Bryant has claimed. Speaking in an exclusive video interview with Estate...

A fifth of potential borrowers have had their mortgage application rejected over the past 12 months – hitting their hopes of...

Homeowners are starting to consider solutions to deal with their rising monthly mortgage costs including downsizing, research claims. A survey of more...

The Bank of England increased interest rates from 3% to 3.5% yesterday, potentially pushing up costs for those looking to purchase property...

Increasing numbers of property buyers are now taking out mortgages with terms of more than 30 years, new figures show. The latest...

The property market is ‘recalibrating’ but should be seen in context of economic events, agents are being urged. Kris Mclean, managing director...

Mortgage borrowers who paused home purchasing plans may be getting a respite from rising rates after new data shows average pricing...

The Government is being urged to create a mortgage protection fund to support homeowners who are struggling with repayments. It comes as...

Mortgage rates look likely to fall after Rishi Sunak’s appointment as Prime Minister but analysts are still unsure how far the...

Buyers have until 31 October to reserve a new-build and apply for Government-backed finance before the government’s Help to Buy Equity...

Hundreds of thousands of mortgage applications could fail in the coming decade as lending criteria tightens amid the cost of living...

Leeds Building Society has pledged to honour any mortgage offers and support borrowers during this period of market uncertainty. It comes as...

It’s fair to say that ours is an industry which has a language of its own, and often revels in the...

The choice of mortgage products for borrowers dropped by almost half during September, new figures show. Thousands of mortgages were withdrawn and...

The Bank of England increased interest rates to their highest level since the financial crisis yesterday, prompting fears of higher cost...

A quarter of borrowers would be unable to afford their mortgage repayments if interest rates hit 5% but the threat of...

The last minute Bank Holiday for the Queen’s funeral on Monday has created some logistical issues for the property market. A legal...

The number of mortgages available to borrowers has hit the lowest level for more than a year, Moneyfacts has warned. Analysis by...

Lower income households and homebuyers could start seeing their mortgage options dwindle as interest rates rise and the cost of living...

Home hunters are increasingly searching for eco-friendly homes amid concerns about rising energy bills, figures suggest. New data from Legal & General...

In this Guides & Tips piece, Brian Murphy, Head of Lending at Mortgage Advice Bureau, offers insight into what rate rises...

The Bank of England has decided to raise the base interest rate from 1.25% to 1.75%, the biggest rate hike for...

Recent months have seen interest rates rise from historic lows back closer to pre-financial crisis levels as the Bank of England...

There’s talk of 50-year mortgages being introduced, loans that, along with the property they finance, could be passed to the next...

The Bank of England’s continued rise in interest rates – the latest being a shift up to 1.25% - is, in...

The Bank of England has confirmed plans to withdraw the requirement for lenders to conduct interest rate stress tests on mortgage...

The Bank of England raised interest rates for the fifth consecutive month yesterday. The cost of borrowing is now at a 13-year...

The government is being urged to expand and make the Treasury’s mortgage guarantee scheme permanent and compulsory on home loans above...

New research from Bluestone Mortgages has shown that 'non-vanilla' customers are being turned down for financial products and services. More than two...

A property expert has predicted that mortgage applicants are likely to find it 'much harder' to be approved for loans as...

The stamp duty holiday last year has caused a surge of borrowers taking on mortgages with terms of more than 35...