RICS: Housing market recovery falters as buyer demand weakens

The UK housing market lost momentum in September as rising interest rate expectations weighed on buyer demand, sales activity and house prices, according to the latest Royal Institution of Chartered Surveyors (RICS) residential market survey. The September 2026 survey...

Latest news

L&G broadens adviser training to cover retirement and estate planning

L&G has extended its Adviser Academy webinar programme to help financial advisers address a wider range of client needs, including retirement income, inheritance tax...

Four in five homeowners have taken no action to protect against extreme weather

Almost eight in 10 homeowners have made no specific preparations to protect their properties from extreme weather, despite growing concerns about the risk of...

Expat mortgage applications hampered by income verification difficulties

Almost two-thirds of mortgage brokers identify proving overseas income and affordability as the biggest obstacle when arranging mortgages for expatriate borrowers, according to research...

LSL appoints Matt Surridge to new broker propositions role

LSL Financial Services has appointed Matt Surridge as propositions director, a newly created position overseeing the development of broker services across its Primis network...

BMPAN introduces industry framework to tackle barriers to career progression

The Black Mortgage Professionals and Allies Network (BMPAN) has launched a new framework aimed at improving racial equity and career opportunities across the mortgage industry. The BMPAN Standard sets out practical measures that organisations and individuals can adopt to...

Scottish BS and Malted AI recognised for customer service technology

Scottish Building Society and Edinburgh-based fintech Malted AI have won the Best Fintech Collaboration award at the 2026 Scottish Financial Technology Awards for their work using artificial intelligence to analyse customer interactions. The partnership brings together the world's oldest...

45,000 Lifetime ISA savers hit by repeated withdrawal penalties

Around 45,000 Lifetime ISA savers incurred more than one withdrawal penalty during the 2024-25 tax year, with average cumulative charges of £760, according to figures obtained by savings app Plum. The data, released by HMRC following a Freedom of...

Keystone’s Phil Riches to retire after 50 years in financial services

Phil Riches is to retire as sales director of Keystone Property Finance later this month, bringing to an end a financial services career spanning five decades. Riches (pictured) has spent the past 14 years with the specialist buy-to-let lender,...

SPONSORED CONTENT

Why a BDM should be seen as an extension of a broker’s business

Business development managers (BDMs) have long played an important role in the relationship between lenders and brokers. Traditionally, much of that relationship has centered around...

PROFILE

Buy-to-let at 30: the mortgage that changed Britain’s housing market

John Heron helped create buy-to-let when landlords had almost nowhere to turn for finance. Thirty years later, he and Paragon Bank's Louisa Sedgwick reflect...

INDUSTRY COMMENT

If AI gives us more time to think, we must learn how to think well

The great promise of AI in financial services is usually expressed in terms of what it can remove. Less administration, less duplication, fewer manual...

The right scrutiny is a precursor of growing lending safely

Credit markets have always had to accommodate change, but there are periods when the assumptions on which they have been built begin to move...

Q&As

BUY-TO-LET

Life changes could create new wave of accidental landlords

Changes in personal circumstances rather than investment plans could push more homeowners into the...

Remortgage searches jump 40% as borrowers return after summer

Remortgage activity drove a sharp rise in mortgage searches during September, with Twenty7tec recording...

Step One Finance adopts OMS origination platform

Step One Finance has introduced a bespoke loan origination system developed with One Mortgage...

Paragon appoints Cockerill as mortgages commercial director

Paragon Bank has appointed Simon Cockerill as commercial director of mortgages as it looks...

AI used by more than half of consumers considering complaints

More than half of consumers who made or considered making a formal complaint about...

Landlord portfolios expand as average rental yields reach 7.9%

Professional landlords are continuing to expand their portfolios despite higher mortgage costs, with the...

Rely steps in after lender rejects first-time landlord application

Rely has provided a £160,000 buy-to-let mortgage to a first-time landlord after another lender...

FIRST-TIME BUYERS

Ireland boosts Help to Buy as UK prepares new first-time buyer scheme

Ireland has increased the maximum support available to first-time buyers under its Help to Buy scheme to €35,000, as the UK government prepares to unveil its own new homeownership scheme. The €5,000 increase was announced as part of Ireland’s 2027 Budget and is intended to...

Cambridge BS opens applications for deposit-building Rent to Home scheme

The Cambridge Building Society has opened applications for its Rent to Home property in...

Side hustles helping first-time buyers reach deposit targets sooner

Almost two-thirds of prospective first-time buyers are using additional sources of income to help...

Skipton raises maximum income multiple to 6x

Skipton Building Society has increased the maximum loan-to-income multiple available through its LTI Booster...

Sub-5% mortgage fixes virtually wiped out as rates surge

The number of sub-5% fixed mortgage deals has collapsed by 99% since the beginning...

OPINION

Only one in five of your clients thinks your fee was justified

You know the moment. 40 minutes in. Gone well. They like you, you like them, everyone's getting on. Then you have to say the fee. And...

I’m 49. My dad’s 73. Between us we’ve found the hole in later life lending

I turn 50 in December, and the marketing has already started. Funeral plans, over-50s...

Buying scale was phase one. What happens next?

Mortgage distribution is in a race for scale. Capital wants market share. Consolidators want distribution....

Slow completions are costing brokers. Five steps can help protect their pipelines

Through my conversations with mortgage brokers, and Landmark’s work across the wider home-moving process, I see the same pattern repeatedly. Once a mortgage has been secured, brokers remain tied to a transaction they cannot fully see, or control and put in time chasing information...

The industry needs to prepare now for Your First Home

The government’s announcement of the Your First Home scheme is genuinely positive news, and anything that boosts confidence among first-time buyers and people trying...

DISTRIBUTION

Simplybiz Mortgages and FIBA add six lenders to specialist panel

Simplybiz Mortgages and the Financial Intermediary & Broker Association have expanded their Specialist Property...

The Monmouthshire expands mortgage platform pilot to more intermediaries

Monmouthshire Building Society has widened the intermediary pilot of its new mortgage origination platform,...

BetterHome Group UK appoints Anthony Glasgow as chief operating officer

BetterHome Group UK has appointed former Connells Group executive Anthony Glasgow as chief operating...

TMG adds Beagle Street to protection panel

TMG Mortgage Network has expanded its protection panel with the addition of life and...

MAB adds Gable Mortgages to lender panel

Mortgage Advice Bureau has added Gable Mortgages to its lender panel, giving its advisers access to the lender's 100% LTV proposition for borrowers without a traditional deposit. The addition is aimed at first-time buyers struggling to build a deposit, as well as home movers whose...