First-time buyer affordability improves as wages rise and mortgage rates ease

First-time buyers are seeing the most favourable affordability conditions in almost a decade, according to new research from Lloyds. A combination of slower house price growth, rising wages and lower mortgage rates has pushed the typical price-to-income ratio for...

Latest news

AUTUMN BUDGET: Much ado about nothing… Thank goodness

The Keystone Cops were out in force yesterday in the Commons, as exemplified by the OBR’s involuntarily (we suppose) leaking of the Budget before...

LifeSearch adds digital trust capability to online life insurance journey

LifeSearch has partnered with Trust Genie and Yavia to allow customers buying life insurance online to place their policies into trust during the same...

Catalyst expands new business team amid rising demand

Catalyst Property Finance has strengthened its new business operations with three senior hires and a promotion as the lender prepares for a more active...

Hanley Economic launches advanced stage payment self-build mortgage with BuildLoan

Hanley Economic Building Society has introduced a two-year interest-only self-build variable discount mortgage with an initial pay rate of 5.84%, marking a targeted expansion...

AUTUMN BUDGET: Still ducking the housing question

The Chancellor set out to fix an economy that is not working well enough for working people, talking about high bills, squeezed living standards and the need to “get ahead” again. That is the right diagnosis. But from a...

AUTUMN BUDGET: Ch-ch-ch-ch-changes… NOT

After the delay of the Budget to 26 November and all the leaks, there was an expectation of significant change. However, it appears to be quite the opposite; any substantial measures are not due to take effect until 2028...

AUTUMN BUDGET: Affordability remains the key to activity

After all the speculation, this Budget offered little for the housing market. No stamp duty reform, no meaningful support for first-time buyers and a new tax on higher-value properties that raises as many questions as it answers. Stamp duty remains...

Lloyds Banking Group expands support for first-time buyers with £1bn extra lending

Lloyds Banking Group is widening access to higher loan-to-income borrowing for new buyers by reducing the minimum household income required for First-Time Buyer Boost. From five December, households earning £40,000 will be eligible to borrow up to five point...

PROFILE

Gareth Lewis on leading MT Finance through a changing landscape

Gareth Lewis has spent the past seven years at MT Finance, guiding the specialist lender through periods of significant market turbulence and expansion. In a...

INDUSTRY COMMENT

Brokers need more lender choice to meet real-life borrower needs

With more borrowers falling outside traditional lending criteria, brokers need a wider range of lenders than ever before to serve a growing range of...

Past 6 to 7: the story behind our new lending limits

6,7, the viral ‘slang’ term accompanied by a two-handed palm up gesture being used by kids to mean so-so, maybe this-maybe that, or just...

A changing landlord market that still offers solid long-term value

Landlords have faced a tough set of challenges over the past decade. Higher taxes, the loss of full mortgage interest relief, rising mortgage costs...

Q&As

BUY-TO-LET

Older renters face rising retirement costs, warns Suffolk Building Society

Suffolk Building Society has highlighted the mounting financial pressure on older renters, warning that...

The Furness broadens proposition with new holiday let and high LTV options

Furness Building Society has updated its holiday let range and introduced new products at...

Equity withdrawal for portfolio expansion reaches highest level since records began

Landlords remortgaging in the first half of the year withdrew £1.94 billion in equity...

Semi-commercial and HMO assets see rising demand among professional landlords

Shawbrook has reported a marked rise in interest in semi-commercial property from professional landlords,...

The Darlington unveils limited company buy-to-let offering

Darlington Building Society has entered the limited company buy-to-let market with two new fixed...

AUTUMN BUDGET: Industry braces for impact

On Wednesday, the Chancellor is due to deliver the second highly anticipated Autumn Budget...

Private credit poses challenges and opportunities for UK CROs

The global financial crash of 2008 revealed the dangers of financial contagion. What began...

Paragon Bank appoints Simon Glass as head of mortgage operations

Paragon Bank has expanded its mortgages leadership team with the appointment of Simon Glass...

MORTGAGE MINGLE PODCAST

NEWSLETTER SIGNUP

FIRST-TIME BUYERS

Afin Bank raises LTV to 95% and cuts rates across Prime and Professional ranges

Afin Bank has increased the maximum loan to value on its Prime and Professional mortgages to 95%, alongside rate reductions of up to 100bps across both ranges. The lender said the changes are aimed at supporting groups who often struggle to access mainstream lending, including...

Developers urge Chancellor to plug ‘gaping hole’ in FTB support

Housebuilders have called on the Chancellor to use Wednesday’s Budget to revive support for...

Estate agency boss calls for investment and incentives as Budget speculation centres on tax rises

A leading London estate agency chief has warned that the government risks undermining the...

Rightmove: Budget uncertainty weighs on upper-end sales

Fresh data from Rightmove indicates that mounting speculation over tax changes in tomorrow’s Budget...

The Teachers widens access to high LTI mortgages for education professionals

Teachers Building Society has expanded the borrowing capacity available through its Teachers for Intermediaries...

OPINION

NO FILTER: MAB’s relentless founder on risk, resilience and reinvention

Peter Brodnicki, co-founder and long-serving chief executive of Mortgage Advice Bureau (MAB), has spent 25 years building one of the UK’s most successful mortgage...

Council Tax revaluation plan risks unsettling market

Revaluing properties in the top three council tax bands could prove costly and disruptive....

AMI Protection Viewpoint 2025: Turning challenges into opportunities

Delivering better outcomes and protecting more customers is all in a day’s work for...

GIS must be at the heart of place-based policymaking

The UK is under increasing pressure to deliver more homes, strengthen national infrastructure, and meet ambitious environmental goals – from the New Towns Taskforce to the reforms introduced in the Planning and Infrastructure Bill. This is not unique to land and property; every industry has...

The PT is dead. Long live the broker!

Did you know that every time a borrower approaches their bank directly, a mortgage broker dies? I’m teasing, of course. They don’t really die....

DISTRIBUTION

Norton Home Loans joins MAB lender panel to support complex borrowing needs

Norton Home Loans has joined the Mortgage Advice Bureau lender panel, giving advisers across...

OneDome expands reach with acquisition of Mortgage Intelligence

OneDome, the housing and fintech business, has acquired Mortgage Intelligence Limited, Life and Easy...

AFIG launches nationwide Broker Club for specialist finance brokers

AFIG Ltd has launched the Broker Club, a new initiative designed to reshape the...

Imla appoints new chair as it sets out committee for 2026

The Intermediary Mortgage Lenders Association has named Jonathan Stinton, head of intermediary relationships at...

L&G Mortgage Club adds Ecology Building Society to panel

L&G’s Mortgage Club has strengthened its green lending offering by adding Ecology Building Society to its lender panel. The move will give the Club’s brokers access to specialist products designed for eco-friendly homebuilding and renovation, widening the options available to clients pursuing sustainable projects. The partnership...