House prices edge lower again in May, Halifax says

UK house prices were broadly unchanged in May, with Halifax reporting a second consecutive monthly fall of 0.1%. The lender said the average property price fell to £298,806 in May, from £299,251 in April. Annual house price growth edged up...

Latest news

Pepper Money raises £545m through RMBS deal

Pepper Money has raised £545 million through the capital markets as part of its ongoing securitisation programme. The specialist lender said the residential mortgage-backed securities...

The Darlington trims mortgage rates by up to 20bps

Darlington Building Society has reduced selected rates across its residential, specialist residential, shared ownership, buy-to-let and holiday let mortgage ranges. The changes, which take effect...

Brokers review sourcing technology as demand grows for connected systems

Mortgage brokers are increasingly reassessing their technology stacks, with sourcing systems emerging as the area most likely to be reviewed over the next 12...

Rosemount expands internship programme with two Cardiff Business School students

Rosemount Financial Solutions (IFA) has welcomed two new interns from Cardiff Business School as part of its ongoing commitment to attracting new talent into...

West Brom cuts shared ownership mortgage rates

West Brom Building Society has reduced selected shared ownership mortgage rates by up to 0.65% and returned to the shared ownership remortgage market. The society said the changes were designed to support borrowers with smaller deposits, including those buying...

BuildLoan launches World Cup predictor for brokers

BuildLoan has launched a World Cup prediction competition for UK mortgage brokers, with cash prizes of up to £1,000 and a matching charity donation for the winner. The specialist self-build and renovation finance distributor said the competition is free...

FRP arranges £4.1m refinance for York student accommodation scheme

FRP Real Estate Advisory has arranged a £4.1m commercial term facility to refinance a newly built 38-bed purpose-built student accommodation (PBSA) block in York. The fixed-rate loan was secured at 72% LTV for an established developer client based in...

Investor backs secondary retail prospects with Essex acquisition

An investor has highlighted the continuing appeal of well-located secondary retail assets after completing the purchase of a fully-let parade of shops in Grays, Essex. The acquisition, which includes tenants such as a barbers and an opticians, reflects growing...

PROFILE

Steve Caruthers on understanding how lenders operate

Last year mortgage technology specialist Fignum appointed Steve Carruthers as growth director, signalling its intent to scale its operations and deepen its role as...

INDUSTRY COMMENT

The 1.8 million problem nobody’s talking about

There's a number that should be keeping every mortgage firm owner awake right now. 1.8 million. That's how many fixed rate mortgages are expiring...

Lenders urged to do more as purchase market slows

High street lenders - including TSB, Lloyds, Santander, and NatWest - have all been reducing rates and making changes to their product ranges over...

The cost of knowing less

There is a particular kind of risk in financial services that rarely announces itself with drama. It does not arrive as a crisis event,...

How advisers can win the 2026 remortgage wave

The surge in property transactions during the 2021 ‘race for space’, when completions peaked at more than 200,000 in June of that year, is...

Accidental landlords – do they need different support?

It is unfair to view buy-to-let investors as one homogenous group. There are so many different profile of landlords – and that of the...

Why mortgage marketing is finally starting to look human

Mortgage advertising used to operate in two settings only: either aggressively corporate or suspiciously aspirational. You were either looking at a couple laughing at salad...

Q&As

BUY-TO-LET

Tipton cuts buy-to-let rates and brings back high income multiple mortgages

Tipton & Coseley Building Society has reduced rates across parts of its buy-to-let range...

HSBC cuts rates across residential and buy-to-let mortgage ranges

HSBC UK is reducing rates across a broad selection of residential and buy-to-let mortgage...

ModaMortgages cuts rates on 2- and 5-year fixed rates

ModaMortgages is cutting rates by 20bps across its limited edition 2-year and 5-year fixed-rate...

Quantum Mortgages launches product transfer range

Quantum Mortgages has launched a product transfer range for buy-to-let borrowers approaching the end...

ModaMortgages joins NACFB lender patron panel

ModaMortgages has been appointed as an official lender patron of the National Association of...

Paragon sees rise in green buy-to-let lending

Paragon Bank has reported increased buy-to-let lending on more energy efficient properties as landlords...

Molo cuts buy-to-let rates for UK resident landlords

Molo has reduced fixed rates across its UK resident buy-to-let range, including standard, HMO...

Leeds BS offers £200 cashback on product transfers

Leeds Building Society has launched a £200 cashback offer for existing mortgage customers completing...

NEWSLETTER SIGNUP

FIRST-TIME BUYERS

First-time buyers wait six years to buy as lifestyle priorities reshape purchasing decisions

First-time buyers are spending an average of six years saving for a deposit as many choose to wait for homes that better suit their long-term lifestyle ambitions rather than rushing onto the property ladder. New research from Mortgage Advice Bureau suggests aspiring homeowners are increasingly...

Leeds BS cuts residential mortgage rates by up to 0.32%

Leeds Building Society has reduced rates across its mainstream residential mortgage range by up...

NHS workers priced out as affordability gap widens

Many NHS workers are being priced out of homeownership with average first-time buyer properties...

First-time buyer affordability hotspots revealed

Grimsby, Greenock and Burnley are among the most accessible locations for first-time buyers, according...

Coventry cuts residential and buy-to-let rates

Coventry for intermediaries has reduced selected residential and buy-to-let rates by up to 0.12%. The...

OPINION

Building societies need to start putting intelligence into motion

If you were at the Building Societies Association Annual Conference in Edinburgh last month , you could not have missed the optimism: the sector...

Beyond the walk: Mortgage leaders talk mental health – part 21

The Mortgage Industry Mental Health Charter's (MIMHC) third annual 144-mile Walk & Talk challenge...

Beyond the walk: Mortgage leaders talk mental health – part 20

The Mortgage Industry Mental Health Charter's (MIMHC) third annual 144-mile Walk & Talk challenge...

Remortgaging BTL in 2026: acting early on landlord refinancing

The buy-to-let market has rarely stood still in recent years, but 2026 has already delivered more twists and turns than any of us could have anticipated when the year kicked off. Product withdrawals, swap rate volatility, changing expectations around Bank Base Rate and wider economic...

Beyond the walk: Mortgage leaders talk mental health – part 19

The Mortgage Industry Mental Health Charter's (MIMHC) third annual 144-mile Walk & Talk challenge finally came to an end on Friday last week as...

DISTRIBUTION

The Right Mortgage sets out June roadshow programme

The Right Mortgage has announced details of a series of member roadshows taking place...

Shepherds Friendly inks Primis distribution deal

Shepherds Friendly has agreed a distribution partnership with Primis Mortgage Network for its income...

OneDome named among Europe’s fastest-growing fintech firms

OneDome has been named one of the fastest-growing fintech companies in Europe, the Middle...

Equity Release Group launches adviser network

Equity Release Group has launched a specialist adviser network aimed at helping firms expand...

Canal trek triumph as Berry and Morely win gold

Jason Berry and Charlie Morely finished their epic 141-mile trek up the Grand Union Canal for the Mortgage Industry Mental Health Charter (MIMHC) on Friday last week, finally finishing at HSBC’s head office in Birmingham. Berry (main picture, right), MIMHC co-founder and group sales director...