affordability

Newcastle for Intermediaries reduces residential stress rate

Newcastle for Intermediaries has improved affordability options by reducing its residential stress rate for...

Soaring house prices put childhood towns beyond reach for many Brits

The dream of returning to one’s childhood hometown is slipping out of reach for...

Skipton tweaks affordability criteria and renews call for BoE to lift LTI cap

Skipton Group has renewed its call for reform of the Bank of England’s mortgage...

Clydesdale Bank relaxes buy-to-let affordability criteria

Clydesdale Bank has made a series of changes to its buy-to-let affordability assessment, allowing...

Clydesdale Bank and Virgin Money ease stress rate to boost affordability

Clydesdale Bank and Virgin Money have announced a key change to their affordability assessments...

Precise cuts rates and boosts appeal for first-time buyers

Specialist lender Precise, part of the OSB Group, has announced a comprehensive refresh of...

Mortgage brokers report near-record confidence as market rebounds

Confidence among UK mortgage intermediaries has rebounded to near-record highs, according to the latest...

Investec cuts mortgage stress rates to boost HNW borrowing capacity

High-net-worth individuals will be able to borrow significantly more from Investec Bank following a...

Redwood Bank adjusts lending criteria to support landlords

Redwood Bank has announced changes to its lending criteria aimed at easing affordability constraints...

First-time buyers offer brightest prospects amid calls for focus on affordability and supply

First-time buyers are viewed as the most promising segment of the UK property market...

Homeownership now trumps marriage as financial priority for UK couples

Homeownership has overtaken marriage as the leading financial ambition for couples in the UK,...

Nationwide cuts stress rates for homebuyers and remortgagers

Nationwide is reducing its mortgage stress test rates by up to 1.25 percentage points,...

Mortgage affordability at highest level since 2024, says Stonebridge

Mortgage affordability in the UK reached its most favourable level in March since the...

Sadiq Khan’s Green Belt pivot could signal major opportunity for mortgage and housing markets

Mayor of London Sadiq Khan has taken a decisive step in addressing the capital’s...

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