affordability

Zoopla calls for softer stress tests to unlock homeownership for renters

Loosening lending rules with mortgage stress testing rates closer to 6-7% would help more...

FCA outlines steps to improve access to mortgages

The Financial Conduct Authority (FCA) has outlined measures to improve access to mortgages, reminding...

Marsden BS extends residential mortgage criteria

Marsden Building Society has unveiled significant additions to its residential mortgage criteria, now catering...

Loughborough BS extends 5.5x income to 95% LTV

Loughborough Building Society has increased the loan to value (LTV) on its 5.5x income...

Mortgage & rental spending rises as consumer confidence holds steady

Mortgage and rental spending increased 2.0% year-on-year in January, up from 1.8% in December,...

First-time buyer mortgage costs rise 7.3% as affordability tightens

First-time buyers are facing increasing challenges in the housing market, with mortgage costs up...

Softening in house price growth

Nationwide has reported that the annual rate of house price growth slowed to 4.1%...

Salary gains not being translated into larger deposits

Twenty7Tec has revealed that over the past few years, while salaries have increased, the...

Housing affordability still stretched despite recent wage growth

Housing affordability remains stretched by historic standards despite recent earnings growth marginally outpacing house...

Stonebridge reports further improvement in mortgage affordability

November saw mortgage affordability improve for the second consecutive month, according to new analysis...

Halifax to use a property’s EPC rating in its affordability calculations

Halifax will be using a property’s Energy Performance Certificate (EPC) rating in its affordability...

Newcastle for Intermediaries provides new products to improve affordability

Newcastle for Intermediaries has unveiled a new range of products to help those looking...

Borrowers not yet benefitting from lower costs

Borrowers are spending over two-fifths of their salary on mortgage repayments, according to new...

United Trust Bank expands asset finance team in Scotland

United Trust Bank (UTB) has appointed Eleanor Russell-Blackburn as a business development manager to...

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