LATEST COVID-19 CORONAVIRUS NEWS

40% of advisers report drop in number of equity release cases

78% of advisers think more of their customers will look to equity release to...

The Mansfield backs First Homes rollout

The Mansfield Building Society has become one of only seven lenders to support the rollout...

Female borrowers adversely hit by Covid

The number of cases Bluestone Mortgages received from individual female applicants between October 2020...

44% of first-time buyers delayed home purchase because of Covid

While the Covid pandemic made homeownership a larger priority for 63% of first-time buyers,...

Quarter of employees made bad debt decisions during pandemic

24% of employees say they made a bad decision about debt during the pandemic,...

SmartCriteria sees first indications of market normalising

Legal & General’s SmartrCriteria tool recorded a -32% decrease in furlough friendly mortgage searches...

Darlington Intermediaries extends 90% LTV nationally

Darlington Intermediaries is making its 90% loan to value (LTV) mortgage available nationally. Since the...

Covid: millions of over-50s looking to relocate

Three million people in the country aged over 50 are considering relocating, as a...

Covid-19 changes first time buyer priorities

First time buyers have incurred significant costs from house purchases falling through, alongside the...

Strong recovery in new build home registrations

Latest figures show that new build home registrations were up 10% in the first...

74% of SMEs confident ‘normal’ demand to return by Xmas

The latest Covid-19 Pulse survey from business funder, Bibby Financial Services (BFS), has found...

SMEs investing to recover from Covid

Aldermore says there are signs of recovery for small and medium-sized enterprises (SMEs), as...

“Full steam ahead” for property market

The latest UK monthly property transactions data from HMRC has shown there has been...

Covid to spur borrowers to seek mortgage advice

Research from Legal & General Mortgage Club has found that 60% of borrowers whose...

COMMENT

We must not accept our snail’s pace home buying system

Buying a house in this country can be ridiculously slow, as a handful of recent studies have highlighted. Research from the House Buyer Bureau...

Deferment and capitalisation rates: small percentages, large consequences

The Government is currently consulting on Leasehold enfranchisement valuation rates to determine what deferment and capitalisation rates should be prescribed under the Leasehold and...

Your clients can’t tell which firm they’re dealing with

Two clients walk into your firm in the same week. One of them is a referral from a mate of yours. Complicated case, self-employed, bit...

It’s time to look at retention

As the summer winds down and the back-to-school routine kicks back in, I urge the industry to turn its attention to something just as...

Landlords are buying – and advisers should take note

There has been no shortage of commentary over recent years suggesting landlords are heading for the exit, buy-to-let apparently no longer works and the...

Latest news

Gilt turmoil puts fresh pressure on mortgage rates

Rising government borrowing costs are putting renewed upward pressure on UK mortgage rates as...

UK needs first primary surplus in 25 years, warns NIESR

The UK needs to run its first primary budget surplus in 25 years if...

Gatehouse launches fee-free refinance products

Gatehouse Bank has launched a range of limited-edition refinance products for UK residents with...

Bank of England turns to AI and real-time mortgage data

The Bank of England is using artificial intelligence and real-time financial data, including information...

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