affordability

Nearly 900,000 borrowers lock in mortgage deals early

Nearly 900,000 mortgages were locked into a new deal up to six months before...

Semi-detached homes lead house price growth

Semi-detached and terraced homes are outperforming the rest of the housing market as buyers...

FCA explores rent payments as mortgage evidence

Rental payment histories could play a greater role in mortgage affordability assessments as the...

Broadstone launches affordability review service for lenders

Broadstone has launched a service to help lenders assess and improve their affordability frameworks. The...

Mortgage approvals fall as affordability pressures weigh on buyers

Mortgage approvals and net borrowing fell below recent averages in July as volatile interest...

The Coventry raises first-time buyer lending limit to 6.5 times income

Coventry Building Society has increased the amount eligible first-time buyers can borrow to as...

Buckinghamshire BS introduces broker affordability calculator

Buckinghamshire Building Society has launched a residential affordability calculator intended to give mortgage brokers...

Buyers return but need £18,200 extra to offset mortgage rate rises

Homebuyer activity is showing signs of an autumn rebound despite higher mortgage rates cutting...

Newcastle raises new-build Affordability Boost limit to 95% LTV

Newcastle for Intermediaries has extended its Affordability Boost proposition to eligible new-build purchases at...

Vida introduces part-and-part mortgage option for residential borrowers

Vida Homeloans has launched a part-and-part repayment option across most of its residential mortgage...

Mortgage anxiety rises as one in five lack financial safety net

The proportion of UK adults apprehensive about making mortgage decisions has risen from 15%...

Inflation rises to 2.9% in fresh setback for mortgage rates

UK inflation increased to 2.9% in July, moving further above the Bank of England’s...

Half of homes taking longer to sell as regional divide widens

Homes in almost half of Great Britain’s local authority areas are taking longer to...

Nationwide cuts fixed mortgage rates by up to 0.15%

Nationwide Building Society is reducing selected fixed mortgage rates by up to 0.15 percentage...

COMMENT

Harpenden’s expat move could be bigger than the numbers suggest

Harpenden Building Society’s move into expat mortgages this summer has been good news for brokers and borrowers. But I think its importance goes beyond...

We need to wait to get a clearer picture

It's been a week where the political and economic backdrop has moved almost as fast as rates themselves, and it's worth taking stock of...

Leasehold valuation reform: the consultation is asking only half the question

The Government's consultation on leasehold enfranchisement valuation rates is important because it will help determine what leaseholders pay to extend leases or buy freeholds,...

What commonhold will mean for mortgage lenders and brokers

Commonhold is often presented as the straightforward alternative to leasehold. It removes the freeholder, gives flat owners greater control and avoids some familiar problems...

Why you need to know what sits behind the average review score

There’s a funny thing about review scores. The better they are, the less likely we are to question them. If a company is sitting at...

Latest news

Landbay adds 11 tracker products and cuts rates by up to 15bps

Landbay has expanded its buy-to-let tracker range with 11 new products and reduced rates...

Howden expands in North Wales with Wrexham office

Howden has opened its first commercial insurance office in Wrexham as the broker expands...

UK buyers reluctant to compromise despite affordability pressures

UK homebuyers remain committed to purchasing a property but are less willing than buyers...

Keystone trims buy-to-let fixed rates by up to 15bps

Keystone Property Finance has reduced pricing across a number of its buy-to-let mortgage ranges,...

PROFILES