LATEST COVID-19 CORONAVIRUS NEWS

UK Finance optimistic despite Q2 mortgage lending slump

UK Finance has reported that the second quarter of 202 saw new house purchase lending...

Accord moves back into 90% LTV space

Accord Mortgages is moving back into the first-time buyer 90% LTV market for two...

Pandemic behind changing attitudes to finance

The financial impact of the coronavirus pandemic has caused a shift in attitudes towards...

Keystone Property Finance unveils Covid-19 support for brokers

Keystone Property Finance has introduced a package of measures to help brokers throughout the...

Record high for UK house prices

The Nationwide Building Society has reported that UK house prices rose by 2.0% in...

First tranche of Covid debt advice funding allocated

The Money and Pensions Service (MaPS) has allocated the first tranche of an additional...

Remortgage values rise in Q2 while approval numbers fall

LMS has published its latest Remortgage Healthcheck Index, covering Q1 and Q2 2020, produced...

Accord to reject furloughed mortgage applicants

Accord Mortgages is no longer accepting new lending applications from applicants on furlough. Residential and...

“Unprecedented” demand on housing supply post-lockdown

Legal & General Mortgage Club has warned that housing supply in the UK could...

Advisers more worried by another lockdown than Brexit

A new survey from the MCI mortgage club has revealed that 73% of principals,...

IMLA: intermediaries confident after busy Q2

New data from the Intermediary Mortgage Lenders Association (IMLA) shows a slight recovery in...

31% drop in homemovers during first half of year

There was a fall of 31% in the number of people moving home in...

Buy-to-let market recovers “quicker than expected”

Latest industry data has found that landlords are looking for different types of property...

The Hanley Economic revamps criteria following review

The Hanley Economic Building Society has undergone a widespread criteria review across its entire...

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The nightmare of UK homebuying needs reform

House sellers will be forced to disclose problems with their homes before sale under plans by the Government to cut costs for buyers and...

Goldilocks and the three bear markets

Are you familiar with C/2025 N1 (ATLAS) or you might know it by its nickname 3I/ATLAS? Whatever you want to call it,  it is currently...

Mark Bogard on policy, politics and the future of advice

When Mark Bogard, Chief Executive of Family Building Society, talks about Britain’s housing policy, he is unsparing in his assessment: short-termism, revolving-door ministers and...

Finding efficiency will keep branches as the beating heart of mutual sector

Whether you speak to customers or building societies, they will tell you just how important branches are – even as financial services and wider...

Mortgages, mutuality, members and making a difference

Anyone working in the mortgage market knows that a key area of our measurement is sales. How many cases we complete, the value of...

Latest news

Stamp duty receipts rise to £9.3bn – but signs of a peak emerge

Homebuyers have paid £9.3 billion in stamp duty between January and August, a 20.6%...

2.5 million homeowners could move if stamp duty scrapped

Around 2.5 million homeowners could be freed to move house if Conservative Party plans...

Roma Finance completes £1.5m four-day auction loan

Roma Finance has completed a £1.5 million bridging loan in four days to fund...

INDUSTRY REACTION: Badenoch pledges to scrap stamp duty in bid to revive homeownership

Kemi Badenoch has pledged to abolish stamp duty on home sales, describing it as...